April 2nd Reciprocal Tariffs

309,785 Views | 3993 Replies | Last: 1 mo ago by J.R.
ron.reagan
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Why would he be? He is knocking items off his bucket list like any 80 year old would do
boognish_bear
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ron.reagan
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boognish_bear said:


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 already
Bestweekeverr
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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.


Just think about all the jobs our unemployed robots will get when manufacturing comes back to the US!
boognish_bear
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boognish_bear
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boognish_bear
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boognish_bear
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boognish_bear
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Limited IQ Redneck in PU
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Why should he worry? We arent in last place. Do you remember when he was campaigning how much he criticized Obama for playing golf? He is such a jokester.
I have found theres only two ways to go:
Living fast or dying slow.
I dont want to live forever.
But I will live while I'm here.
boognish_bear
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ron.reagan
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Trump threatening 50% on china if they don't back off lmao
Limited IQ Redneck in PU
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https://www.independent.co.uk/news/world/americas/us-politics/trump-tariffs-pause-report-stock-market-b2728866.html

An untrue report about a possible 90-day pause on President Donald Trump's widespread tariffs caused massive swings in the stock market - as all the major markets went from major losses to major wins back to steep losses in a matter of minutes.
Stocks turned positive around 10:30 a.m. in a sudden reversal of recent trends, with the Dow Jones shooting up before falling back down to a loss of 629 points. The S&P 500 also spiked up and down suddenly on Monday morning.

The swings came as CNBC and social media users reported that National Economic Council Director Kevin Hassett said Trump is considering a 90-day pause on tariffs for all countries other than China.

I have found theres only two ways to go:
Living fast or dying slow.
I dont want to live forever.
But I will live while I'm here.
boognish_bear
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Mothra
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Redbrickbear said:


Everyone's market is crashing. China's crash is no worse than others.
Assassin
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nein51 said:

Guy Noir said:

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 do not think the $69 New Balance Sneakers are made in the USA.

I'm shocked any of them are produced in the USA.
Mass and Maine if memory serves
Facebook Groups at; Memories of: Dallas, Texas, Football in Texas, Texas Music, Through a Texas Lens and also Dallas History Guild. Come visit!
Redbrickbear
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Mothra said:

Redbrickbear said:


Everyone's market is crashing. China's crash is no worse than others.

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 easily...

And we often forget that China still has almost 300 million day laborers.....any trade/job disruptions are horrible for them.

[In 2023, China had approximately 297.5 million rural migrant workers, which is a significant portion of the Chinese labor force]
Mothra
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Redbrickbear said:

Mothra said:

Redbrickbear said:


Everyone's market is crashing. China's crash is no worse than others.

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
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.

No reason to believe China won't find some very willing trading partners in the EU, Japan and Southeast Asia moving forward.

nein51
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Mothra said:

Redbrickbear said:

Mothra said:

Redbrickbear said:


Everyone's market is crashing. China's crash is no worse than others.

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
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.

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.
Oldbear83
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Interesting to see how many people ignore what the last five days has revealed...
nein51
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Oldbear83 said:

Interesting to see how many people ignore what the last five days has revealed...

The only positive take away here is that we really are the global hegemony. When the U.S. speaks/acts it affects everyone no matter how much they don't want it to.
Redbrickbear
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Mothra said:

Redbrickbear said:

Mothra said:

Redbrickbear said:


Everyone's market is crashing. China's crash is no worse than others.

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
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.

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/

Mothra
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nein51 said:

Mothra said:

Redbrickbear said:

Mothra said:

Redbrickbear said:


Everyone's market is crashing. China's crash is no worse than others.

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
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.

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.
Equal? No. But it will certainly take away some of the sting.
Mothra
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Redbrickbear said:

Mothra said:

Redbrickbear said:

Mothra said:

Redbrickbear said:


Everyone's market is crashing. China's crash is no worse than others.

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
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.

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/
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).
Limited IQ Redneck in PU
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I think it wil teach the rest of the world not to trust or put all their eggs in one basket. While we shrink into ourselves as nationalist the rest of the world will become more global.
I have found theres only two ways to go:
Living fast or dying slow.
I dont want to live forever.
But I will live while I'm here.
Robert Wilson
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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.
ron.reagan
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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.
Oh ok, so no bringing back manufacturing
Mothra
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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.
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.
boognish_bear
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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.
ron.reagan
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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.
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 with
Mothra
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boognish_bear said:

I just have a hard time seeing manufacturing getting reshored in a significant way from any of this.
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.
FLBear5630
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ron.reagan said:

boognish_bear said:

A little easier for a billionaire to say this…


A life hack is if you just reduce exercise and increase processed foods your 401K runway is basically the same as it was last week
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.
boognish_bear
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TinFoilHatPreacherBear
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It's the status qou progressives and repubs holding hands against tariffs

Vs

forward looking people who recognize that tariffs are a tool to spur investment into the US

Trump's been mostly right up to this point, and he'll be proven right again.
Thee tinfoil hat couch-potato prognosticator, not a bible school preacher.


nein51
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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.

It won't. They couldn't reshore most manufacturing in the next 2-3 years. Never mind confidence (which is a huge component) there's just no practical way for that to happen.

If the government gave them the factories and land for free most manufacturers couldn't produce much of anything in the next 18 months no matter how much they wanted to.
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