[flagged]
Trump temporarily drops tariffs to 10% for most countries
81–90 of 1001 posts
Re: Trump temporarily drops tariffs to 10% for most countries
#82My dream scenario: The rest of the world would band together and upper the mininum tariffs levels against US imports to 10% for 90 days.
My dream remains a global common market
Without global regulation? I think you'd need a lot of luck to survive in that environment.
Even with global regulation. I think it would take a decade to do what the federal governments could otherwise do in a year. The EU is an instructive example here.
Re: Trump temporarily drops tariffs to 10% for most countries
#83If anyone had advanced warning, you could have made a fortune today: https://www.marketwatch.com/livecoverage/stock-market-today-...
https://truthsocial.com/@realDonaldTrump/posts/1143082727259...
> THIS IS A GREAT TIME TO BUY!!!
- @realDonaldTrump today at 6:37 AM PST
Re: Trump temporarily drops tariffs to 10% for most countries
#84So he's basically gaming the market with insider trading.
Great way to get money loving sycophants closer to you and subservient to you and to shut up potential powerful critics.
If you want wealth, stay close to where the secret knowledge is.
Re: Trump temporarily drops tariffs to 10% for most countries
#85Earlier quoted context omitted.
Lots of stocks are up 10-15% instantly after this announcement. Curious if we'll get reports of suspicious options volume capitalizing on this information.
why do people still trust stock markets if manipulating them is that easy?
I don't think they do and you have to be president or Elon to do it.
Re: Trump temporarily drops tariffs to 10% for most countries
#86It's not like the tariffs are gone. It's still 10% for everyone but China. That only seems small in comparison to what was being proposed before.
I wonder will EU and others wait out 90 days while negotiating or match the 10% in kind
Re: Trump temporarily drops tariffs to 10% for most countries
#87He's turned the US stock market into the same model as China's - the entire up/down rests on the leaders words. Which makes them fairly uninvestable.
This isn't a good example because a lot investors are (or were) looking at China recently.
Re: Trump temporarily drops tariffs to 10% for most countries
#88He's turned the US stock market into the same model as China's - the entire up/down rests on the leaders words. Which makes them fairly uninvestable.
Very sure that he (or family members) are shorting stocks and then rebuying. This really feels like somebody deliberately creating market reactions, to benefit from them.
Re: Trump temporarily drops tariffs to 10% for most countries
#89So he's basically gaming the market with insider trading.
He literally did a pump and dump crypto scam on his first day in office. That he is a scam artist only motivated by personal wealth and power gain is obvious to any and all remaining sane individuals on this planet. Too bad the majority of American voters aren't.
Re: Trump temporarily drops tariffs to 10% for most countries
#90So he's basically gaming the market with insider trading.
Did you expect anything less?
Remember when presidents used to put their family farm into a blind trust to avoid any accusation of impropriety?