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April 2nd Reciprocal Tariffs
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Last: 5 days ago by RD2WINAGNBEAR86
Assassin said:The Greatest GenerationKaiBear said:Redbrickbear said:KaiBear said:If we don't reverse the drain of jobs overseas and our expanding federal deficit.......our entire economy is going to collapse.FLBear5630 said:KaiBear said:
Trump is attempting to remedy 50 years of horrible trades policies.
It's unrealistic to expect such remedies to be painless.
I expect a 5-15 percent reduction of our net worth over the next 6-14 months.
However I support Trumps actions.
You know, I get where you are coming. What bothers me is who is paying, not the wealthy. Those who broke it got rich, now the middle and working class are supposed to be understanding and take the hit? Sorry, I paid for **** too long taking the hit in 08, 00's and 90's and to take the hit again. am not understanding enough to take Trump's hit. Figure it out, but don't **** with my retirement...
Will make the Great Depression look like nothing..
Not to mention that FL fails to see the very real threat of mass political violence and revolution.
We can't keep going on with an upper class getting richer and everyone else barely getting by.
Trump's election (twice) is already a blinking red light warning that the American people have entered a pre-revolutionary stage.
Trump himself is a type of revolution in truth.
If he fails we should prepare ourselves for actual violent movements to come after him (on the right and left)
Americans have not experienced true privation in almost a century.
My father did; back in Los Angeles during the 30's. He never totally got over the depression. Even constant combat in WW2 didn't seem to affect him as much.
Dad never wasted a penny. Was happiest saving money to put into the bank.
Possibly
My Dad and father in law were certainly better than me.
They grew up or lived through the Depression, WWII and so forth. It was the prosperity that came after WWII that really changed the USA. Boomers, we did some good and some badKaiBear said:PossiblyAssassin said:The Greatest GenerationKaiBear said:Redbrickbear said:KaiBear said:If we don't reverse the drain of jobs overseas and our expanding federal deficit.......our entire economy is going to collapse.FLBear5630 said:KaiBear said:
Trump is attempting to remedy 50 years of horrible trades policies.
It's unrealistic to expect such remedies to be painless.
I expect a 5-15 percent reduction of our net worth over the next 6-14 months.
However I support Trumps actions.
You know, I get where you are coming. What bothers me is who is paying, not the wealthy. Those who broke it got rich, now the middle and working class are supposed to be understanding and take the hit? Sorry, I paid for **** too long taking the hit in 08, 00's and 90's and to take the hit again. am not understanding enough to take Trump's hit. Figure it out, but don't **** with my retirement...
Will make the Great Depression look like nothing..
Not to mention that FL fails to see the very real threat of mass political violence and revolution.
We can't keep going on with an upper class getting richer and everyone else barely getting by.
Trump's election (twice) is already a blinking red light warning that the American people have entered a pre-revolutionary stage.
Trump himself is a type of revolution in truth.
If he fails we should prepare ourselves for actual violent movements to come after him (on the right and left)
Americans have not experienced true privation in almost a century.
My father did; back in Los Angeles during the 30's. He never totally got over the depression. Even constant combat in WW2 didn't seem to affect him as much.
Dad never wasted a penny. Was happiest saving money to put into the bank.
My Dad and father in law were certainly better than me.
Facebook Groups at; Memories of: Dallas, Texas, Football in Texas, Texas Music, Through a Texas Lens and also Dallas History Guild. Come visit!
Assassin said:They grew up or lived through the Depression, WWII and so forth. It was the prosperity that came after WWII that really changed the USA. Boomers, we did some good and some badKaiBear said:PossiblyAssassin said:The Greatest GenerationKaiBear said:Redbrickbear said:KaiBear said:If we don't reverse the drain of jobs overseas and our expanding federal deficit.......our entire economy is going to collapse.FLBear5630 said:KaiBear said:
Trump is attempting to remedy 50 years of horrible trades policies.
It's unrealistic to expect such remedies to be painless.
I expect a 5-15 percent reduction of our net worth over the next 6-14 months.
However I support Trumps actions.
You know, I get where you are coming. What bothers me is who is paying, not the wealthy. Those who broke it got rich, now the middle and working class are supposed to be understanding and take the hit? Sorry, I paid for **** too long taking the hit in 08, 00's and 90's and to take the hit again. am not understanding enough to take Trump's hit. Figure it out, but don't **** with my retirement...
Will make the Great Depression look like nothing..
Not to mention that FL fails to see the very real threat of mass political violence and revolution.
We can't keep going on with an upper class getting richer and everyone else barely getting by.
Trump's election (twice) is already a blinking red light warning that the American people have entered a pre-revolutionary stage.
Trump himself is a type of revolution in truth.
If he fails we should prepare ourselves for actual violent movements to come after him (on the right and left)
Americans have not experienced true privation in almost a century.
My father did; back in Los Angeles during the 30's. He never totally got over the depression. Even constant combat in WW2 didn't seem to affect him as much.
Dad never wasted a penny. Was happiest saving money to put into the bank.
My Dad and father in law were certainly better than me.
We gave everything away.
Started with Vietnam , accelerated with Obama ……finished with Biden.
General Motors has cut its profit guidance and said that tariffs could cost up to $5 billion in a new shareholder letter. https://t.co/ENjQJsQzBg
— ABC News (@ABC) May 1, 2025
boognish_bear said:General Motors has cut its profit guidance and said that tariffs could cost up to $5 billion in a new shareholder letter. https://t.co/ENjQJsQzBg
— ABC News (@ABC) May 1, 2025
Yeah…tariffs are the problem…not the unreal amount of engine failures they are currently working on silently warranting.
Of which, there are so many that they are having to rebuild their own blocks because they can't produce enough of them at the moment. But, yeah, tariffs.
These are going to come at a great time so manufacturers can bury their real issues.
Good pointnein51 said:boognish_bear said:General Motors has cut its profit guidance and said that tariffs could cost up to $5 billion in a new shareholder letter. https://t.co/ENjQJsQzBg
— ABC News (@ABC) May 1, 2025
Yeah…tariffs are the problem…not the unreal amount of engine failures they are currently working on silently warranting.
Of which, there are so many that they are having to rebuild their own blocks because they can't produce enough of them at the moment. But, yeah, tariffs.
These are going to come at a great time so manufacturers can bury their real issues.
Facebook Groups at; Memories of: Dallas, Texas, Football in Texas, Texas Music, Through a Texas Lens and also Dallas History Guild. Come visit!
JUST IN: 🇨🇳🇺🇸 China says it is assessing possible trade talks with the United States.
— Watcher.Guru (@WatcherGuru) May 2, 2025
Must be fake according to our TDSrs hereboognish_bear said:JUST IN: 🇨🇳🇺🇸 China says it is assessing possible trade talks with the United States.
— Watcher.Guru (@WatcherGuru) May 2, 2025
Facebook Groups at; Memories of: Dallas, Texas, Football in Texas, Texas Music, Through a Texas Lens and also Dallas History Guild. Come visit!
Cook's Apple said tariffs will cost $900M for this quarter. Tariffs are really working well. Why the Tech Bros cozied up to trump was not smart. I know why they did it, but still. So much winning!
Why to liberals hate making things in America?
James Carville: "I have on six items of clothes: shoes, socks, jeans, skivvies, t-shirt, and sweatshirt. You know how many of these were made in America? None! None!"
— Unlimited L's (@unlimited_ls) May 1, 2025
“And I don’t want to live in a country that makes t-shirts. I can buy them from somewhere else.” pic.twitter.com/lGpE9EDxZ1
I remember the last line from that movie, where Joe saysFLBear5630 said:One of my favorite movies. Loved the luggage salesman.Oldbear83 said:
Abe Vigoda was great in Joe vs the Volcano
"no matter what happens
no matter where we go
we're taking this luggage!"
That which does not kill me, will try again and get nastier
RFK will take that as a win
McDonald's, a stalwart American fast food chain, posted a steep sales drop at U.S. restaurants in its first quarter earnings report Thursday, citing economic uncertainty and diminished consumer sentiment.
— CBS News (@CBSNews) May 1, 2025
https://t.co/iUiJvANLb4
If the S&P 500 closes green today, it would mark the longest winning streak since November 2004.
— zerohedge (@zerohedge) May 2, 2025
The S&P 500 is up 9% over the past eight trading days, the biggest gain since November 2020
— unusual_whales (@unusual_whales) May 2, 2025
But, but...there has to be something else to complain about...boognish_bear said:If the S&P 500 closes green today, it would mark the longest winning streak since November 2004.
— zerohedge (@zerohedge) May 2, 2025The S&P 500 is up 9% over the past eight trading days, the biggest gain since November 2020
— unusual_whales (@unusual_whales) May 2, 2025
Facebook Groups at; Memories of: Dallas, Texas, Football in Texas, Texas Music, Through a Texas Lens and also Dallas History Guild. Come visit!
The whole Trump brand of ties, caps, ec are made in China.Redbrickbear said:
Why to liberals hate making things in America?James Carville: "I have on six items of clothes: shoes, socks, jeans, skivvies, t-shirt, and sweatshirt. You know how many of these were made in America? None! None!"
— Unlimited L's (@unlimited_ls) May 1, 2025
“And I don’t want to live in a country that makes t-shirts. I can buy them from somewhere else.” pic.twitter.com/lGpE9EDxZ1
Limited IQ Redneck in PU said:The whole Trump brand of ties, caps, ec are made in China.Redbrickbear said:
Why to liberals hate making things in America?James Carville: "I have on six items of clothes: shoes, socks, jeans, skivvies, t-shirt, and sweatshirt. You know how many of these were made in America? None! None!"
— Unlimited L's (@unlimited_ls) May 1, 2025
“And I don’t want to live in a country that makes t-shirts. I can buy them from somewhere else.” pic.twitter.com/lGpE9EDxZ1
Then lets bring them home!
Its time to make things here
Tell Trump that. He is a big "do as I say not as I do" kinds guy.
Limited IQ Redneck in PU said:
Tell Trump that. He is a big "do as I say not as I do" kinds guy.
Did he exempt his own companies from the Tariffs?
Nope, looks like he is playing by the same rules as everyone else.
He wants manufacturing back here in the USA.
[Trump closes tax-exempt loophole for all Chinese imports, increasing online shopping costs
Starting Friday, the Trump administration is closing a loophole making all purchases from China subject to tariffs up to 145%.]
https://www.wbaltv.com/article/trump-closes-tax-exempt-loophole-for-chinese-imports-increasing-online-shopping-costs/64651932
All of his clothes line is manufactured overseas.
How do farmers like the new tariffs?
https://nypost.com/2025/04/30/business/white-house-considering-farmer-bailout-plan-due-to-trade-war/
How do farmers like the new tariffs?
https://nypost.com/2025/04/30/business/white-house-considering-farmer-bailout-plan-due-to-trade-war/
Didn't Donald Trump just tell us days ago that this is Joe Biden's stock market? Maybe I just dreamed that.Assassin said:But, but...there has to be something else to complain about...boognish_bear said:If the S&P 500 closes green today, it would mark the longest winning streak since November 2004.
— zerohedge (@zerohedge) May 2, 2025The S&P 500 is up 9% over the past eight trading days, the biggest gain since November 2020
— unusual_whales (@unusual_whales) May 2, 2025
"Stand with anyone when he is right; Stand with him while he is right and part with him when he goes wrong." - Abraham Lincoln
Assassin said:But, but...there has to be something else to complain about...boognish_bear said:If the S&P 500 closes green today, it would mark the longest winning streak since November 2004.
— zerohedge (@zerohedge) May 2, 2025The S&P 500 is up 9% over the past eight trading days, the biggest gain since November 2020
— unusual_whales (@unusual_whales) May 2, 2025
Like being down 6% since he took office.
To be clear, the stock market is not his job. But if you are going to claim the gains, you get the losses.
The market (Dow 41,300) is close to what is was on April 2nd when he announced the tariffs.Frank Galvin said:Assassin said:But, but...there has to be something else to complain about...boognish_bear said:If the S&P 500 closes green today, it would mark the longest winning streak since November 2004.
— zerohedge (@zerohedge) May 2, 2025The S&P 500 is up 9% over the past eight trading days, the biggest gain since November 2020
— unusual_whales (@unusual_whales) May 2, 2025
Like being down 6% since he took office.
To be clear, the stock market is not his job. But if you are going to claim the gains, you get the losses.
All Trump's doing too. He is as magical as the 20 million magical voters in 2020 that no one can explainScottS said:The market (Dow 41,300A) is close to what is was on April 2nd when he announced the tariffs.Frank Galvin said:Assassin said:But, but...there has to be something else to complain about...boognish_bear said:If the S&P 500 closes green today, it would mark the longest winning streak since November 2004.
— zerohedge (@zerohedge) May 2, 2025The S&P 500 is up 9% over the past eight trading days, the biggest gain since November 2020
— unusual_whales (@unusual_whales) May 2, 2025
Like being down 6% since he took office.
To be clear, the stock market is not his job. But if you are going to claim the gains, you get the losses.
Facebook Groups at; Memories of: Dallas, Texas, Football in Texas, Texas Music, Through a Texas Lens and also Dallas History Guild. Come visit!
He tanked it!Assassin said:All Trump's doing too. He is as magical as the 20 million magical voters in 2020 that no one can explainScottS said:The market (Dow 41,300A) is close to what is was on April 2nd when he announced the tariffs.Frank Galvin said:Assassin said:But, but...there has to be something else to complain about...boognish_bear said:If the S&P 500 closes green today, it would mark the longest winning streak since November 2004.
— zerohedge (@zerohedge) May 2, 2025The S&P 500 is up 9% over the past eight trading days, the biggest gain since November 2020
— unusual_whales (@unusual_whales) May 2, 2025
Like being down 6% since he took office.
To be clear, the stock market is not his job. But if you are going to claim the gains, you get the losses.
I am not the one who claimed success for bringing the market almost back to where it was. Just pointing out that if the line of thought is one metric of a president's success is stock market gains, your man has a ways to go.Assassin said:All Trump's doing too. He is as magical as the 20 million magical voters in 2020 that no one can explainScottS said:The market (Dow 41,300A) is close to what is was on April 2nd when he announced the tariffs.Frank Galvin said:Assassin said:But, but...there has to be something else to complain about...boognish_bear said:If the S&P 500 closes green today, it would mark the longest winning streak since November 2004.
— zerohedge (@zerohedge) May 2, 2025The S&P 500 is up 9% over the past eight trading days, the biggest gain since November 2020
— unusual_whales (@unusual_whales) May 2, 2025
Like being down 6% since he took office.
To be clear, the stock market is not his job. But if you are going to claim the gains, you get the losses.
TARIFFS: China is in free fall. Factories closing. CCP official ‘disappearing’. empty cargo ships loitering around ports. Millions out of work. Time is running out. pic.twitter.com/K0wbUvIMzK
— @amuse (@amuse) May 2, 2025
China quietly exempts US goods from tariffs, covering around $40 billion worth of imports, in an effort to soften the blow of the trade war on its own economy: BBG
— zerohedge (@zerohedge) May 2, 2025
We did this too, especially around electronics/IT and some key supply chains. Not surprising.boognish_bear said:China quietly exempts US goods from tariffs, covering around $40 billion worth of imports, in an effort to soften the blow of the trade war on its own economy: BBG
— zerohedge (@zerohedge) May 2, 2025
My portfolio has bounced back pretty strong the last couple weeks and I was able to buy a bunch while it was down. The market doesn't much matter. It's theoretical dollars unless you're selling. It makes good fodder for the other side whenever it goes down though.
Frankly, market down turns are how rich people become wealthy.
Frankly, market down turns are how rich people become wealthy.
boognish_bear said:TARIFFS: China is in free fall. Factories closing. CCP official ‘disappearing’. empty cargo ships loitering around ports. Millions out of work. Time is running out. pic.twitter.com/K0wbUvIMzK
— @amuse (@amuse) May 2, 2025
I've been saying they need us just as much as we need them. There is no method to replace the U.S. market. It doesn't exist.
nein51 said:boognish_bear said:TARIFFS: China is in free fall. Factories closing. CCP official ‘disappearing’. empty cargo ships loitering around ports. Millions out of work. Time is running out. pic.twitter.com/K0wbUvIMzK
— @amuse (@amuse) May 2, 2025
I've been saying they need us just as much as we need them. There is no method to replace the U.S. market. It doesn't exist.
Agreed
But communists don't face midterm elections.
And our electorate has the patience of a rattlesnake.
BREAKING: Temu announces that it is halting all direct shipping from China due to the ongoing tariff situation.
— The Kobeissi Letter (@KobeissiLetter) May 2, 2025
Tariffs are working!!boognish_bear said:China quietly exempts US goods from tariffs, covering around $40 billion worth of imports, in an effort to soften the blow of the trade war on its own economy: BBG
— zerohedge (@zerohedge) May 2, 2025
Facebook Groups at; Memories of: Dallas, Texas, Football in Texas, Texas Music, Through a Texas Lens and also Dallas History Guild. Come visit!
China has problems the media never talks about.KaiBear said:nein51 said:boognish_bear said:TARIFFS: China is in free fall. Factories closing. CCP official ‘disappearing’. empty cargo ships loitering around ports. Millions out of work. Time is running out. pic.twitter.com/K0wbUvIMzK
— @amuse (@amuse) May 2, 2025
I've been saying they need us just as much as we need them. There is no method to replace the U.S. market. It doesn't exist.
Agreed
But communists don't face midterm elections.
And our electorate has the patience of a rattlesnake.
Big ones.
That which does not kill me, will try again and get nastier