April 2nd Reciprocal Tariffs

332,284 Views | 3994 Replies | Last: 24 days ago by RD2WINAGNBEAR86
ron.reagan
How long do you want to ignore this user?
FLBear5630 said:

boognish_bear said:


Well, Trump opened that door. Let's see how fast he sells Taiwan out. The Taiwan situation will be Taiwan's fault by end of the week...
Thankfully we have a majority of senators that know Taiwan is a lot more important to us than Trump, at least for the next few years
nein51
How long do you want to ignore this user?
boognish_bear said:

Not sure where this figure is coming from



21 billion is like peeing in the ocean.

It's 1.6% of the deficit and that's only if we didn't incur additional tariffs to offset the imbalance.
boognish_bear
How long do you want to ignore this user?
boognish_bear
How long do you want to ignore this user?
boognish_bear
How long do you want to ignore this user?
J.R.
How long do you want to ignore this user?
nein51 said:

boognish_bear said:

Not sure where this figure is coming from



21 billion is like peeing in the ocean.

It's 1.6% of the deficit and that's only if we didn't incur additional tariffs to offset the imbalance.
https://www.cnbc.com/2025/04/16/us-customs-tariffs-revenue-generated-since-april-5.html

running a little light Trumpy Bear
Frank Galvin
How long do you want to ignore this user?
nein51 said:

boognish_bear said:

Not sure where this figure is coming from



21 billion is like peeing in the ocean.

It's 1.6% of the deficit and that's only if we didn't incur additional tariffs to offset the imbalance.
Given that the Trump tariffs have been in effect for less than 10 days, almost all of that goes on Biden's scoresheet, right?
nein51
How long do you want to ignore this user?
Frank Galvin said:

nein51 said:

boognish_bear said:

Not sure where this figure is coming from



21 billion is like peeing in the ocean.

It's 1.6% of the deficit and that's only if we didn't incur additional tariffs to offset the imbalance.
Given that the Trump tariffs have been in effect for less than 10 days, almost all of that goes on Biden's scoresheet, right?

I have no idea what you mean tbh
FLBear5630
How long do you want to ignore this user?
nein51 said:

Frank Galvin said:

nein51 said:

boognish_bear said:

Not sure where this figure is coming from



21 billion is like peeing in the ocean.

It's 1.6% of the deficit and that's only if we didn't incur additional tariffs to offset the imbalance.
Given that the Trump tariffs have been in effect for less than 10 days, almost all of that goes on Biden's scoresheet, right?

I have no idea what you mean tbh
This will be chalked up to fixing the mess Biden left him for the next 4 years...
RD2WINAGNBEAR86
How long do you want to ignore this user?
FLBear5630 said:

nein51 said:

Frank Galvin said:

nein51 said:

boognish_bear said:

Not sure where this figure is coming from



21 billion is like peeing in the ocean.

It's 1.6% of the deficit and that's only if we didn't incur additional tariffs to offset the imbalance.
Given that the Trump tariffs have been in effect for less than 10 days, almost all of that goes on Biden's scoresheet, right?

I have no idea what you mean tbh
This will be chalked up to fixing the mess Biden left him for the next 4 years...
When it comes to International Trade, all Trump had to do on Jan.20th and forward was DO NOTHING!!!!

Kinda like on 1/20/21 regarding the Southern border, all Joe Biden had to do was DO NOTHING!!!!

Both men failed miserably. Self-inflicted wounds. I think politicians just like to create problems so they can be praised when they fix the problem they created.

I am sick and tired of voting for a candidate that is the lesser of two evils! Both parties need to get their $ h ! t together.
"Stand with anyone when he is right; Stand with him while he is right and part with him when he goes wrong." - Abraham Lincoln
boognish_bear
How long do you want to ignore this user?
boognish_bear
How long do you want to ignore this user?
boognish_bear
How long do you want to ignore this user?
FLBear5630
How long do you want to ignore this user?
boognish_bear said:


Well, that is good since they own 1T of our debt. They are our biggest creditor, or they were. Not sure now.
Assassin
How long do you want to ignore this user?
FLBear5630 said:

boognish_bear said:


Well, that is good since they own 1T of our debt. They are our biggest creditor, or they were. Not sure now.
Japan with 1.1 trillion, China with 816 billion, UK with 679 billion, and of course the mighty Luxembourg with 371 billion...

My hope is that part of the tariff battles is to get some relief from some of those billions
Facebook Groups at; Memories of: Dallas, Texas, Football in Texas, Texas Music, Through a Texas Lens and also Dallas History Guild. Come visit!
nein51
How long do you want to ignore this user?
FLBear5630 said:

boognish_bear said:


Well, that is good since they own 1T of our debt. They are our biggest creditor, or they were. Not sure now.

Irrelevant really. Japan has bigger economic issues than we do.
boognish_bear
How long do you want to ignore this user?
Redbrickbear
How long do you want to ignore this user?
nein51 said:

FLBear5630 said:

boognish_bear said:


Well, that is good since they own 1T of our debt. They are our biggest creditor, or they were. Not sure now.

Irrelevant really. Japan has bigger economic issues than we do.


You are right

They have much bigger problems…and no easy solutions


[The native population of Japan is falling at rate of 100 ppl / hour.]


nein51
How long do you want to ignore this user?
Their debt to GDP is 251%. The running joke is that there's going to be one old Japanese lady left but she will own the whole country.
boognish_bear
How long do you want to ignore this user?
FLBear5630
How long do you want to ignore this user?
nein51 said:

FLBear5630 said:

boognish_bear said:


Well, that is good since they own 1T of our debt. They are our biggest creditor, or they were. Not sure now.

Irrelevant really. Japan has bigger economic issues than we do.


They still hold the debt. Their woes, does not lessen our debt load.
nein51
How long do you want to ignore this user?
FLBear5630 said:

nein51 said:

FLBear5630 said:

boognish_bear said:


Well, that is good since they own 1T of our debt. They are our biggest creditor, or they were. Not sure now.

Irrelevant really. Japan has bigger economic issues than we do.
They still hold the debt. Their woes, does not lessen our debt load.

That only matters if they call in the debt which they won't do because they can't. Guess which foreign country owns the greatest amount of Japanese debt. Hint it's USofA
Oldbear83
How long do you want to ignore this user?
nein51 said:

FLBear5630 said:

nein51 said:

FLBear5630 said:

boognish_bear said:


Well, that is good since they own 1T of our debt. They are our biggest creditor, or they were. Not sure now.

Irrelevant really. Japan has bigger economic issues than we do.
They still hold the debt. Their woes, does not lessen our debt load.

That only matters if they call in the debt which they won't do because they can't. Guess which foreign country owns the greatest amount of Japanese debt. Hint it's USofA
There's more to it than that.

Most of the time, the significance of a security is how fungible liquid it is. If China/Japan etc attacks the viability of US Securities, they hurt their own ability to sell them to someone else, which is what you want to do if you are permanently ending a trade relationship.

(EDITED)

nein51
How long do you want to ignore this user?
Oldbear83 said:

nein51 said:

FLBear5630 said:

nein51 said:

FLBear5630 said:

boognish_bear said:


Well, that is good since they own 1T of our debt. They are our biggest creditor, or they were. Not sure now.

Irrelevant really. Japan has bigger economic issues than we do.
They still hold the debt. Their woes, does not lessen our debt load.

That only matters if they call in the debt which they won't do because they can't. Guess which foreign country owns the greatest amount of Japanese debt. Hint it's USofA
There's more to it than that.

Most of the time, the significance of a security is how fungible it is. If China/Japan etc attacks the viability of US Securities, they hurt their own ability to sell them to someone else, which is what you want to do if you are permanently ending a trade relationship.



Government debt is, at best, a concept…much more than a reality.
curtpenn
How long do you want to ignore this user?
Porteroso said:

ScottS said:

Porteroso said:

boognish_bear said:



First real blow of the tariff war waged by the United States against the entire world. Completely suspending postal services is quite a big deal. If China does as well, trade with China will grind to a halt. I wonder how many American businesses would go bankrupt? Trump better stop putting off deals.


Didn't the tariff war actually start when the other countries first put the tariffs on us? Please advise.

No. You've been advised.


Of course it did.
ATL Bear
How long do you want to ignore this user?
Oldbear83 said:

nein51 said:

FLBear5630 said:

nein51 said:

FLBear5630 said:

boognish_bear said:


Well, that is good since they own 1T of our debt. They are our biggest creditor, or they were. Not sure now.

Irrelevant really. Japan has bigger economic issues than we do.
They still hold the debt. Their woes, does not lessen our debt load.

That only matters if they call in the debt which they won't do because they can't. Guess which foreign country owns the greatest amount of Japanese debt. Hint it's USofA
There's more to it than that.

Most of the time, the significance of a security is how fungible it is. If China/Japan etc attacks the viability of US Securities, they hurt their own ability to sell them to someone else, which is what you want to do if you are permanently ending a trade relationship.


I think you mean liquidity not fungibility.
Oldbear83
How long do you want to ignore this user?
ATL Bear said:

Oldbear83 said:

nein51 said:

FLBear5630 said:

nein51 said:

FLBear5630 said:

boognish_bear said:


Well, that is good since they own 1T of our debt. They are our biggest creditor, or they were. Not sure now.

Irrelevant really. Japan has bigger economic issues than we do.
They still hold the debt. Their woes, does not lessen our debt load.

That only matters if they call in the debt which they won't do because they can't. Guess which foreign country owns the greatest amount of Japanese debt. Hint it's USofA
There's more to it than that.

Most of the time, the significance of a security is how fungible it is. If China/Japan etc attacks the viability of US Securities, they hurt their own ability to sell them to someone else, which is what you want to do if you are permanently ending a trade relationship.


I think you mean liquidity not fungibility.
True, it's been a long day, ironically orienting our new tax manager where I work.
Porteroso
How long do you want to ignore this user?
boognish_bear said:



What the bozo means is she wants J Powell to be yet another government mouthpiece for Trump. I'm sorry but at some point I've stopped disagreeing with the fascist and dictator comments. Trump is sacking people who don't fight hard enough for his party line.

And all you have to do is read this forum to know there will be a serious play for a 3rd term.

We elected Trump because Kamela was awful, but somehow he is now gambling with the economic future of the entire country. How did we get here?
Porteroso
How long do you want to ignore this user?
curtpenn said:

Porteroso said:

ScottS said:

Porteroso said:

boognish_bear said:



First real blow of the tariff war waged by the United States against the entire world. Completely suspending postal services is quite a big deal. If China does as well, trade with China will grind to a halt. I wonder how many American businesses would go bankrupt? Trump better stop putting off deals.


Didn't the tariff war actually start when the other countries first put the tariffs on us? Please advise.

No. You've been advised.


Of course it did.

You fail to understand many things. Including the fact that many of these countries tariff at a lower rate than we tax their goods.

If you stop looking at tariff only rates and calculate, including tariff, federal duty, and state sales tax, what the consumer pays on top of the actual cost, we are near equals with many countries we started this tariff war with. In many cases we tax them more than they tax us. All this before the trade war. And that's just 1 aspect of this.
boognish_bear
How long do you want to ignore this user?
Waco1947
How long do you want to ignore this user?
nein51 said:

Oldbear83 said:

nein51 said:

FLBear5630 said:

nein51 said:

FLBear5630 said:

boognish_bear said:


Well, that is good since they own 1T of our debt. They are our biggest creditor, or they were. Not sure now.

Irrelevant really. Japan has bigger economic issues than we do.
They still hold the debt. Their woes, does not lessen our debt load.

That only matters if they call in the debt which they won't do because they can't. Guess which foreign country owns the greatest amount of Japanese debt. Hint it's USofA
There's more to it than that.

Most of the time, the significance of a security is how fungible it is. If China/Japan etc attacks the viability of US Securities, they hurt their own ability to sell them to someone else, which is what you want to do if you are permanently ending a trade relationship.



Government debt is, at best, a concept…much more than a reality. Say more, please
Waco1947 ,la
Redbrickbear
How long do you want to ignore this user?

boognish_bear
How long do you want to ignore this user?
boognish_bear
How long do you want to ignore this user?
ron.reagan
How long do you want to ignore this user?
boognish_bear said:


Get rich by this simple trick of raising taxes
First Page Last Page
Page 38 of 115
 
×
subscribe Verify your student status
See Subscription Benefits
Trial only available to users who have never subscribed or participated in a previous trial.