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Tariffs

Djfan said:
Did he or anyone on his team say this, or are you guessing, listening to the media?
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LOL. He "paused" the tariffs on every country but China. Is it your contention that he's made great trade deals with them all? Two days ago he was saying they needed to buy billions in oil from us PLUS drop their tariffs to eliminate ours. Today he dropped the tariffs.

Yeah, all just the art of the deal. Nothing to do with the fact that he was sending global markets into a tailspin and causing the world to start dumping US bonds right before a major bond auction.
 
oneforthebus said:
LOL. He "paused" the tariffs on every country but China. Is it your contention that he's made great trade deals with them all? Two days ago he was saying they needed to buy billions in oil from us PLUS drop their tariffs to eliminate ours. Today he dropped the tariffs.

Yeah, all just the art of the deal. Nothing to do with the fact that he was sending global markets into a tailspin and causing the world to start dumping US bonds right before a major bond auction.
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My "contention" is not really a contention, but a question about the validity of a claim. Don't take it further than that.
 
Stainless said:
He announced via a post on X a 90 day pause on tariffs for everyone except China.
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This I know. I wondered about the "why" of it, and others have offered reasons, but none that have verification thus far.
 
Djfan said:
My "contention" is not really a contention, but a question about the validity of a claim. Don't take it further than that.
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I asked if that was your contention.

The official explanation is that other countries are ready to make deals, no actual deals have been made though. If this was all just for leverage in making deals why would he pause it a few days later? Hmmm....I wonder...
 
oneforthebus said:
I asked if that was your contention.

The official explanation is that other countries are ready to make deals, no actual deals have been made though. If this was all just for leverage in making deals why would he pause it a few days later? Hmmm....I wonder...
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I get it, and I am in no means calling you out specifically. I just get fed up with having shade cast on my claims, but see others make claims with no back up.

So, I just asked. It really was that on the surface.
 
I am surprised that the markets are reacting as optimistically as it is, considering China was not included. That is the one that needs to be solved.
 
Buster said:
I am surprised that the markets are reacting as optimistically as it is, considering China was not included. That is the one that needs to be solved.
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It's short covering/relief.

I think what OFTB was meaning is that this exercise has not gotten any deals yet, or increased credibility of the US, ahead of the refinancing of a very large amount of US debt. (because interest rates are much higher now than several years ago when these bonds were sold, the new interest rates will be much higher, with a higher interest burden to be borne by US taxpayers)

Remember the criticisms of Trump45 and his increasing deficits? Those chickens of his, and Bidens and Bomma's are coming home to roost over the next several months. When you are trying to get foreign investors to buy new bonds rather than just tak their cash back home, it's not wise marketing to whack them in the forehead with a 2x4 and tell the world they called you to "kiss my ***".
 
What we have here is a failure to not be Panican.
 
IndySteel said:
Trump paused them to negotiate in good faith with the over 75 countries who have approached us to make deals instead of hit us back with tariffs. You Trump haters just can't help yourselves....
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There's nothing he could do that you wouldn't call brilliant. Even if he tanked the entire economy you'd say it was just a brilliant negotiating technique. Or a great way to reduce inflation.

This back and forth is not good for the market. Market fluctuations don't just affect rich people, they affect investment which affects economic growth which affects jobs. No one's going to build factories here if they don't know what our economic policy is going to be from one week to the next.

He's using a hatchet where a scalpel would work much better.
 
I heard several of Trump's respected friends talked to him and convinced him to back off. Whether or not this is true who knows, but regardless I think it is the right move. I do believe he was influenced by someone because a few days ago he was not interested in a tariff pause. Trump also told reporters he did the pause because people were getting "yippy" and "afraid".
 
Superman said:
i only see links that i'm 100% for sure not going to click on and not any anecdotal evidence that you claimed to have provided.
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😂 “I’m not going to click on any link that claims Dear Leader’s supporters are being critical of him!”

WTF? Why not?
 
Troglodyte said:
😂 “I’m not going to click on any link that claims Dear Leader’s supporters are being critical of him!”

WTF? Why not?
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Link Tariff. Until you post 25 links, I'm not clicking on one of yours. This is in direct reciprocation of what you have levied on the board for years. Well, 50% less than your own actions.
 
Has anyone trademaked the word "Panican" yet? If not, I invented it.
 
I have voted Trump for the last three elections and am about as conservative as they come. I haven't spoken to one of my brothers since the first Trump Election. with that being said there is no denying that the rich just got a whole lot richer today. hold onto to your investments and then buy when the market starts to tank, low and behold we now have the greatest market increase since 2008 and this whole market is following what Trump is doing with the Tariffs.

I have kept quite on this up to now. but we all know that Trump is a business man and owns the art of the deal, as far as I can see his off again on again with these Tariffs has helped no one but the rich.

I will always be a conservative but I will also always call them as I see them. The Donald may not have been a politician but he has always been a rich business man and I'm not naive enough to not believe he is going to take care of his house first.

Ronald Reagan has a video on you tube about Tariffs. Trump likes to compare himself to Lincoln and Reagan but he sure doesn't line up with Reagan on Tariffs.

I still have faith in our country but my faith in this government is non existent be it left or right. I personally feel every person in Washington is out for themselves and their friends first and that includes Trump. and just to be honest the only reason I voted for Trump is because I could not vote Liberal, but I have to believe deep down that this can not be the best this country has to offer.
 
Just a thought…If any President other than Trump imposes these tariffs, would the market reaction have been less drastic? Don’t say no other President would have done this…hypothetical.
 
oneforthebus said:
There's nothing he could do that you wouldn't call brilliant. Even if he tanked the entire economy you'd say it was just a brilliant negotiating technique. Or a great way to reduce inflation.

This back and forth is not good for the market. Market fluctuations don't just affect rich people, they affect investment which affects economic growth which affects jobs. No one's going to build factories here if they don't know what our economic policy is going to be from one week to the next.

He's using a hatchet where a scalpel would work much better.
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Show us your degree from the Wharton School of Business.
 
oneforthebus said:
I asked if that was your contention.

The official explanation is that other countries are ready to make deals, no actual deals have been made though. If this was all just for leverage in making deals why would he pause it a few days later? Hmmm....I wonder...
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This is all part of the negotiations, not sure what people are expecting.
This is by far not the end, this is still just the beginning.
has anyone before him gave this kind of effort for the American worker?
 
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Buster said:
Just a thought…If any President other than Trump imposes these tariffs, would the market reaction have been less drastic? Don’t say no other President would have done this…hypothetical.
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All the other presidents just let our jobs go to other countries and continued on with their lives.
Millions of lost jobs for Americans, but who cares right?
 
Buster said:
They did, but that is not my question.
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That question is obvious.
Yes, it would have been less drastic.

Biden just did it four years ago with executive orders and not a peep from the media.
 
oneforthebus said:
I asked if that was your contention.

The official explanation is that other countries are ready to make deals, no actual deals have been made though. If this was all just for leverage in making deals why would he pause it a few days later? Hmmm....I wonder...
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Carrot and the stick. Use the stick a little to make sure they know you will do it. Then back off for a bit to give breathing room(the carrot) for possible deals then you have the threat of reinstating them as the stick. Negotiations.
 
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