Chaos agent. It's great to go through this every month.
Month?
Day at best, hour at worst.
Trump temporarily drops tariffs to 10% for most countries
761–770 of 1001 posts
Re: Trump temporarily drops tariffs to 10% for most countries
#762Does someone know how companies handle these short-term changes of tariffs? Like, when your shipment from oversees eventually arrives, a 50% tariff is due that makes your entire accounting unprofitable, e.g. a contract with another party to sell it to might already been signed. Do the companies usually ensure against these kind of things?
Re: Trump temporarily drops tariffs to 10% for most countries
#763Before announcing it he suggested to buy stocks, ie insider trading.
Re: Trump temporarily drops tariffs to 10% for most countries
#764Earlier quoted context omitted.
Also china has 125% tarriff but the reason that they couldn't originally give 10% to Vietnam was trans-shipment of Chinese goods. If it wasn't happening before, it certainly will be now. What's actually wrong with them.
> What's actually wrong with them. Market manipulation. 1. Sell. 2. Threaten tariffs. 3. Buy. 4. Walk back tariffs threats. 5. Repeat. With the secret step 0: Pay enough of an Indulgence to get in the loop of when those are going to happen, and to stay in their good graces so the DoJ doesn't hit you for insider trading.
That doesn’t make sense to me.
Money is not an end. It’s a (one) tool to get there. To the ends you want. To some sort of change in the world you want to achieve.
On that front this is incoherent. I vote incompetence.
Re: Trump temporarily drops tariffs to 10% for most countries
#765With today's rollback, the glitz and glam event - Liberation Day - held last week, was not really a Liberation Day? :-)
Does that make today Incarceration Day or Subjugation Day?
Re: Trump temporarily drops tariffs to 10% for most countries
#766[flagged]
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Re: Trump temporarily drops tariffs to 10% for most countries
#767"It’s the T-bills wot dun it." That’s my read on why the U.S. just paused the global tariff hike to 10%. From the beginning, I’ve believed the executive branch's real goal was to push down the yield on the 10-year Treasury. Why? Because Uncle Sam has to refinance a mountain of debt this year, and the cost of that depends heavily on Treasury yields — especially the 10-year. That’s the rate that sets the tone for every…
this seems like an awfully convoluted and self defeating way to drive down bond yields....
Re: Trump temporarily drops tariffs to 10% for most countries
#768Earlier quoted context omitted.
It seems unlikely that the next 90 days will remain calm and stable.
Ya, I don't know what Trump is going to do in the next 90 days, but it will probably not just be working on his golf game (although we can hope).
I used to criticize trump for playing so much golf while in office. Now I wish he'd spend a lot more time playing golf.
Re: Trump temporarily drops tariffs to 10% for most countries
#769The dumbest possible timeline.
Re: Trump temporarily drops tariffs to 10% for most countries
#770How can anyone take him seriously on this sort of stuff? He flip/flops constantly. If he isn't a serious negotiator, other countries/companies aren't going to take his threats seriously.
But he's also brought the whole of the US down to the mud that he enjoys fighting in.
The US shouldn't be taken seriously any more, world wide. Trump, and his Project 2025 conspirators, have proven that the US system of government had a loophole, and have taken full advantage of it to perform a hostile take over.
US soft-power was what allowed the US to dictate US law to other countries. US law doesn't even mean anything in the US itself, so the rest of the world should be suddenly ignoring a whole bunch of historic US-pressured behaviours.
Given the deportation discussions, I'd say one of the first things to go would be extradition treaties. I'm hoping copyright duration madness retracts entirely back within US borders as well.