JUST IN: 🇺🇸 President Trump considers 90-day pause in tariffs for all countries except China.
— Watcher.Guru (@WatcherGuru) April 7, 2025
I don't think that is true but did just spike the market for about 5 minutes. Some of my security stocks were up 12% and now back in the red alreadyboognish_bear said:JUST IN: 🇺🇸 President Trump considers 90-day pause in tariffs for all countries except China.
— Watcher.Guru (@WatcherGuru) April 7, 2025
Porteroso said:
I am both disgusted and impressed at the mental gymnastics of you tribal zealots. Go back and read what you said about Biden and stock market dips. Now Trump crashes it and you say it's a good thing.
We are going to soon get to where multiple years of GDP has been erased from the American market alone.
Trillions invested in the US? Offset by tens of trillions lost in global markets. Just amazing. I still assume this will be a blip, but the market will not recover for a long time. This is way worse than anyone was thinking.
I wonder how long the mind of the zealot can defend cratering the global economy.
BREAKING:
— Visegrád 24 (@visegrad24) April 7, 2025
The EU announces it will introduce a 1st round of retaliatory tariffs for the USA's steel & aluminum tariffs on April 15th followed by a 2nd round on May 15th
The EU will meet to discuss its countermeasures against the USA's car tariffs & so-called reciprocal tariffs pic.twitter.com/eShg5Lhz5n
the Dow turns positive as CNBC talks about reporting that Kevin Hassett is saying Trump is considering a 90 day pause on tariffs for all countries other than China pic.twitter.com/ODJOsGVqWU
— Aaron Rupar (@atrupar) April 7, 2025
JUST IN: 🇺🇸 President Trump says "oil prices are down, interest rates are down, food prices are down, there is no inflation." pic.twitter.com/st7ClpMHLM
— Watcher.Guru (@WatcherGuru) April 7, 2025
JUST IN: 🇺🇸 S&P 500 officially enters bear market territory.
— Watcher.Guru (@WatcherGuru) April 7, 2025
KILMEADE: Would Trump consider a 90 days pause in tariffs?
— Aaron Rupar (@atrupar) April 7, 2025
HASSETT: I think the president is gonna decide what the president is gonna decide ... even if you think there will be some negative effect from the trade side, that's still a small share of GDP pic.twitter.com/3KymvgOwQG
*WHITE HOUSE TELLS CNBC 90-DAY PAUSE ON TARIFFS IS 'FAKE NEWS'
— Joe Weisenthal (@TheStalwart) April 7, 2025
Everyone's market is crashing. China's crash is no worse than others.Redbrickbear said:"China sees the worst stock market crash" because Trump's tariffs may have exposed the inherent weakness of China's economy. Frank Dikotter makes the case that China remains fundamentally a communist nation, characterized by widespread poverty, a fragile domestic market, and a… pic.twitter.com/dvtYOjGa7L
— Dr. Ricardo Duchesne (@dr_duchesne) April 7, 2025
Mass and Maine if memory servesnein51 said:Guy Noir said:I do not think the $69 New Balance Sneakers are made in the USA.nein51 said:
You can buy NB for like $69. I just bought a pair for a "white party" last weekend simply because they completed the outfit.
I'm shocked any of them are produced in the USA.
Mothra said:Everyone's market is crashing. China's crash is no worse than others.Redbrickbear said:"China sees the worst stock market crash" because Trump's tariffs may have exposed the inherent weakness of China's economy. Frank Dikotter makes the case that China remains fundamentally a communist nation, characterized by widespread poverty, a fragile domestic market, and a… pic.twitter.com/dvtYOjGa7L
— Dr. Ricardo Duchesne (@dr_duchesne) April 7, 2025
So China's crash will be worse than the crash we're experiencing. Hurray. Makes me feel so much better. So glad we tanked our economy so China would feel the hurt.Redbrickbear said:Mothra said:Everyone's market is crashing. China's crash is no worse than others.Redbrickbear said:"China sees the worst stock market crash" because Trump's tariffs may have exposed the inherent weakness of China's economy. Frank Dikotter makes the case that China remains fundamentally a communist nation, characterized by widespread poverty, a fragile domestic market, and a… pic.twitter.com/dvtYOjGa7L
— Dr. Ricardo Duchesne (@dr_duchesne) April 7, 2025
It will always be worse for them than us....
"when the American economy sneezes, China gets the flu"
They are still highly dependent on the USA consumer market.
And while Xi and the CCP bosses wants to developed trade with other places....no one outside of the EU has the consumer cash that the USA does.
He can't find another market like that
Mothra said:So China's crash will be worse than the crash we're experiencing. Hurray. Makes me feel so much better. So glad we tanked our economy so China would feel the hurt.Redbrickbear said:Mothra said:Everyone's market is crashing. China's crash is no worse than others.Redbrickbear said:"China sees the worst stock market crash" because Trump's tariffs may have exposed the inherent weakness of China's economy. Frank Dikotter makes the case that China remains fundamentally a communist nation, characterized by widespread poverty, a fragile domestic market, and a… pic.twitter.com/dvtYOjGa7L
— Dr. Ricardo Duchesne (@dr_duchesne) April 7, 2025
It will always be worse for them than us....
"when the American economy sneezes, China gets the flu"
They are still highly dependent on the USA consumer market.
And while Xi and the CCP bosses wants to developed trade with other places....no one outside of the EU has the consumer cash that the USA does.
He can't find another market like that
No reason to believe China won't find some very willing trading partners in the EU, Japan and Southeast Asia moving forward.
Oldbear83 said:
Interesting to see how many people ignore what the last five days has revealed...
Mothra said:So China's crash will be worse than the crash we're experiencing. Hurray. Makes me feel so much better. So glad we tanked our economy so China would feel the hurt.Redbrickbear said:Mothra said:Everyone's market is crashing. China's crash is no worse than others.Redbrickbear said:"China sees the worst stock market crash" because Trump's tariffs may have exposed the inherent weakness of China's economy. Frank Dikotter makes the case that China remains fundamentally a communist nation, characterized by widespread poverty, a fragile domestic market, and a… pic.twitter.com/dvtYOjGa7L
— Dr. Ricardo Duchesne (@dr_duchesne) April 7, 2025
It will always be worse for them than us....
"when the American economy sneezes, China gets the flu"
They are still highly dependent on the USA consumer market.
And while Xi and the CCP bosses wants to developed trade with other places....no one outside of the EU has the consumer cash that the USA does.
He can't find another market like that
No reason to believe China won't find some very willing trading partners in the EU, Japan and Southeast Asia moving forward.
Equal? No. But it will certainly take away some of the sting.nein51 said:Mothra said:So China's crash will be worse than the crash we're experiencing. Hurray. Makes me feel so much better. So glad we tanked our economy so China would feel the hurt.Redbrickbear said:Mothra said:Everyone's market is crashing. China's crash is no worse than others.Redbrickbear said:"China sees the worst stock market crash" because Trump's tariffs may have exposed the inherent weakness of China's economy. Frank Dikotter makes the case that China remains fundamentally a communist nation, characterized by widespread poverty, a fragile domestic market, and a… pic.twitter.com/dvtYOjGa7L
— Dr. Ricardo Duchesne (@dr_duchesne) April 7, 2025
It will always be worse for them than us....
"when the American economy sneezes, China gets the flu"
They are still highly dependent on the USA consumer market.
And while Xi and the CCP bosses wants to developed trade with other places....no one outside of the EU has the consumer cash that the USA does.
He can't find another market like that
No reason to believe China won't find some very willing trading partners in the EU, Japan and Southeast Asia moving forward.
I'm not sure all of those markets combined equal ours. And you may be giving the strength of the CCCP too much deference.
I am not as confident we hold as much clout as you would like to believe. When you can't trust your allies to honor their agreements, China could certainly be a lot more inviting for the EU and Japan (among others).Redbrickbear said:Mothra said:So China's crash will be worse than the crash we're experiencing. Hurray. Makes me feel so much better. So glad we tanked our economy so China would feel the hurt.Redbrickbear said:Mothra said:Everyone's market is crashing. China's crash is no worse than others.Redbrickbear said:"China sees the worst stock market crash" because Trump's tariffs may have exposed the inherent weakness of China's economy. Frank Dikotter makes the case that China remains fundamentally a communist nation, characterized by widespread poverty, a fragile domestic market, and a… pic.twitter.com/dvtYOjGa7L
— Dr. Ricardo Duchesne (@dr_duchesne) April 7, 2025
It will always be worse for them than us....
"when the American economy sneezes, China gets the flu"
They are still highly dependent on the USA consumer market.
And while Xi and the CCP bosses wants to developed trade with other places....no one outside of the EU has the consumer cash that the USA does.
He can't find another market like that
No reason to believe China won't find some very willing trading partners in the EU, Japan and Southeast Asia moving forward.
Geopolitically Japan will not get into bed with Communist China.
They are actively building up their military to confront the rising threat of Beijing
https://www.pbs.org/newshour/show/japanese-prime-minister-on-strengthening-military-cooperation-with-u-s-to-counter-china
The EU will not get into bed with China either.....for a big list of short term and long term reasons
"Fundamental divergences to prevent EU and China from teaming up against protectionist US"
https://moderndiplomacy.eu/2024/11/25/why-the-eu-and-china-will-not-form-a-united-front-against-trump-2-0/
Oh ok, so no bringing back manufacturingRobert Wilson said:
I think there's a pretty good chance this is largely a bluff and will blow over with us having negotiated down a lot of the unfavorable trade terms that have been put on us over the years. Fingers crossed.
This is the hope. He gets tariffs negotiated down, gets some manufacturing to re-shore to the US, and he can call it a win.Robert Wilson said:
I think there's a pretty good chance this is largely a bluff and will blow over with us having negotiated down a lot of the unfavorable trade terms that have been put on us over the years. Fingers crossed.
If this was a bluff then there will certainly be a shift. A shift towards these new countries that we have fresh new trade deals withboognish_bear said:
I just have a hard time seeing manufacturing getting reshored in a significant way from any of this. I just don't see big companies having enough confidence to make such a huge shift when there is no guarantee that this vision will be sustained.
There won't be. But maybe some small number of manufacturers will agree to re-shore and he can save face and call it a win.boognish_bear said:
I just have a hard time seeing manufacturing getting reshored in a significant way from any of this.
Or, you won't have to worry about outliving your money... If you want to be really sure, take up smoking. None of this will matter.ron.reagan said:A life hack is if you just reduce exercise and increase processed foods your 401K runway is basically the same as it was last weekboognish_bear said:
A little easier for a billionaire to say this…
"TRUMP IS A TYRANT! " Rand Paul calls out Trump on the Senate floor, revealing his authoritarian regime and illegal governance! With a corrupt GOP Supreme Court and colluding House Republicans, they are stealing your tax money while creating divisions among us!
— Popular Liberal 🇺🇸 (@PopularLiberal) April 7, 2025
Soaring tariffs… pic.twitter.com/QSsWPH54kO
boognish_bear said:
I just have a hard time seeing manufacturing getting reshored in a significant way from any of this. I just don't see big companies having enough confidence to make such a huge shift when there is no guarantee that this vision will be sustained.
Also… To get interest rate cuts he's seeking he will probably have to keep the hammer down longer.