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Tariffs

Steelmann said:
So that makes it right? Because they did it,it makes it right?
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Did I say it was right anywhere in my post. Just the shock that everyone is feigning is laughable. Just another case of TDS. The decision makers have been manipulating the stock market as long as it has been around. Trump will win the tariff war just give him time. He is laying it to China which they deserve, and all of the other countries are coming to the table to negotiate.
 
Sarge said:
Fair enough, but the point is valid. People will do anything if the money is right. Including factory work.
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I knew a guy that sold his dignity for $50. He became a laughingstock. I once asked him, don't you care that your credibility is gone and everyone thinks you're a piece of shiit? He said, I care but, $50 dollars is $50 dollars.
 
Steelersreign said:
Research it.
Question everything the media reports and why they report it.
The media is owned by the billionaires that run everything. We are just their gullible sheep.
Sometimes Their plans take decades to come full circle.
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Research? Media? I’ve lived it. Unemployment has gone up and down many times over the past 40 years. The manufacturing jobs that left were replaced by other jobs. There were a little more than 1 million IT jobs in the U.S. in 1980, today there are more than 4 million. Do you think the people working IT would leave for a manufacturing job?
 
SteelerInLebanon said:
What a tired worn out trope. You have sunk to the most ridiculous level of mudslinging as you have to know that his rate of success and failure is far better than the average. You can’t succeed as much as he has in business without failing a few times. Anyone who has owned a business and been responsible for running knows it is hard to not fail.
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No. Find the guys that were given $1 million to invest in New York real estate in 1970 that didn’t do better than Trump.
 
Troglodyte said:
Research? Media? I’ve lived it. Unemployment has gone up and down many times over the past 40 years. The manufacturing jobs that left were replaced by other jobs. There were a little more than 1 million IT jobs in the U.S. in 1980, today there are more than 4 million. Do you think the people working IT would leave for a manufacturing job?
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So we are comparing high school diploma jobs with 2 to 4 year college degrees.
It’s not the same thing.
Sure some people earned their degrees and improved their wealth, but a lot of them went down the rabbit hole.
sure there are a lot of IT jobs in the cities, what about the small towns and royal areas that relied on manufacturing?
 
Steelersreign said:
So we are comparing high school diploma jobs with 2 to 4 year college degrees.
It’s not the same thing.
Sure some people earned their degrees and improved their wealth, but a lot of them went down the rabbit hole.
sure there are a lot of IT jobs in the cities, what about the small towns and royal areas that relied on manufacturing?
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Just stop. Electricians, carpenters, plumbers and welders are all currently in short supply and it’s projected to continue. There’s no shortage of college grads with useless degrees, unlike IT.
 
Troglodyte said:
Just stop. Electricians, carpenters, plumbers and welders are all currently in short supply and it’s projected to continue. There’s no shortage of college grads with useless degrees, unlike IT.
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Huh, we laid off carpenters last year but whatever u say.
I don’t aspect u to care about manufacturing jobs so no worries.
Not sure why IT guys can’t get a chief financial officers position.
Being everyone is equal and all.
 
ZonaBurgh said:
I for one am so upset the Trump invented tariffs.
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I like when countries have tariffs on our products but, I hate when we put tariffs on other countries' goods.
 
Steelersreign said:
Huh, we laid off carpenters last year but whatever u say.
I don’t aspect u to care about manufacturing jobs so no worries.
Not sure why IT guys can’t get a chief financial officers position.
Being everyone is equal and all.
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WTF? Care to interpret?

One of the CFOs I worked for had an education limited to a bachelor’s degree in mathematics. Sometimes is just about being smart and hard work.
 
Troglodyte said:
WTF? Care to interpret?

One of the CFOs I worked for had an education limited to a bachelor’s degree in mathematics. Sometimes is just about being smart and hard work.
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I worked with a COO that had a high school degree. Happens all the time right?
Sometimes it is just about who u know.
 
jitter77 said:
Since covid people do not want to work. We are lucky if 1/5 people even show up for their interview and this is across all departments. Then you have people show up for the interview not even remembering what they applied for. There are also ones who apply for RNs or LPNs and when you ask for their nursing license are like "oh I didn't know you needed one of those. " I can't picture a bunch of people lining up to work in factories. If they make high wages the price of items will skyrocket. People complain about fast food workers making $15 / hr and prices going up, the same thing is going to happen across the board. It will be better in the long run as we won't be supporting Chinas slave labor and we will be more self sufficient in the long run. i just don't know if we can fill the jobs and if people are going to pay much higher prices for items.
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You can if you cut off any and all assistance to able bodied citizens. When you have nothing to eat or a place to sleep it alters your outlook on what job is acceptable.
 
oneforthebus said:
I don’t know what you mean by “my group”. I voted for him, don’t like him but the alternative was way worse. I just don’t blindly worship everything he does. Some of what he’s doing I’m all for. This tariff business is stupid. Want to renegotiate trade deals? Fine. Do it like a big boy not a spoiled toddler. Making international trade policy on the fly on twitter isn’t the way. Making our allies and their citizens hate us is not a good long term strategy for anything.
He made a huge blunder and then was forced to correct it. I’m glad he finally listened to people who know what they’re doing. I’m just not gonna pretend like it was some brilliant successful ploy.
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You are an anti-Trumper, no matter how hard you try to explain yourself.

Every thing you want to see done, he tried the first time and Anti-Trumpers like you fought him every step of the way.

Now your group can sit down and shut up because he DGAF what you think this time.

1st term he tried the carrot, this time he is using the stick. It’s a really phuqn big stick too.
 
oneforthebus said:
I agree. Doesn’t justify slapping punitive tariffs on every other country in the world on every product.

Some products can’t even be made or grown here for climate or other practical reasons (i.e. proximity to raw materials, logistics etc.) it made no sense to slap tariffs on everything and everyone. Glad he came to his senses.
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He didn’t “come to his senses”, other countries saw how bad it would be for them in the long run. There is an old adage that says “its better to get some of of all, then to get all of none”. The list of countries that understand this are looking to reduce barriers to trade to save their countries economies. More will come around every day.
 
Steelmann said:
BY BERNARD CONDON
Updated 6:55 AM PDT, April 10, 2025
Share
NEW YORK (AP) — When Donald Trump offered some financial advice Wednesday morning, stocks were wavering between gains and losses.

But that was about to change.

“THIS IS A GREAT TIME TO BUY!!! DJT,” he wrote on his social media platform Truth Social at 9:37 a.m.

Less than four hours later, Trump announced a 90-day pause on nearly all his tariffs. Stocks soared on the news, closing up 9.5% by the end of trading. The market, measured by the S&P 500, gained back about $4 trillion, or 70%, of the value it had lost over the previous four trading days.

It was a prescient call by the president. Maybe too prescient.

“He’s loving this, this control over markets, but he better be careful,” said Trump critic and former White House ethics lawyer, Richard Painter, noting that securities law prohibits trading on insider information or helping others do so. “The people who bought when they saw that post made a lot of money.”
Democratic senators are calling for investigation.

“Did anyone buy or sell stocks, and profit at the public’s expense?,” said Democratic Sen. Adam Schiff in a post on the platform BlueSky. Added Democratic Sen. Chris Murphy of Connecticut on X, “An insider trading scandal is brewing.”

A key question is, Was Trump already contemplating the tariff pause when he made that post?

“Over the last few days, I’ve been thinking about it,” said Trump himself when asked yesterday directly about when he arrived at his decision, but then added to the confusion, stating, “Fairly early this morning.”



Asked for clarification on the timing in an email to the White House later, a spokesperson didn’t answer directly but defended Trump’s post as part of his job.

“It is the responsibility of the President of the United States to reassure the markets and Americans about their economic security in the face of nonstop media fearmongering,” wrote White House spokesman Kush Desai.


Trump Media shares​

Another curiosity of the posting was Trump’s signoff with his initials.

DJT is also the stock symbol for Trump Media and Technology Group, the parent company of the president’s social media platform Truth Social.

It’s not clear if Trump was saying buying stocks in general, or Trump Media in particular. The White House was asked, but didn’t address that either. Trump includes “DJT” on his posts intermittently, typically to emphasize that he has personally written the message.

The ambiguity about what Trump meant didn’t stop people from pouring money into that stock.

Trump Media closed up 22.67%, soaring twice as much as the broader market, a stunning performance by a company that lost $400 million last year and is seemingly unaffected by whether tariffs would be imposed or paused.

Trump’s 53% ownership stake in the company, now in a trust controlled by his oldest son, Donald Trump Jr., rose by $415 million on the day.

Trump Media was bested, albeit by only two-hundreds of a percentage point, by another Trump administration stock pick — Elon Musk’s Tesla.

Last month, Trump held an extraordinary news conference outside the White House praising the company and its cars. That was followed by a Fox TV appearance by his commerce secretary urging viewers to buy the stock.


Tesla’s surge Wednesday added $20 billion to Musk’s fortunes.

Kathleen Clark, a government ethics law expert at Washington University School of Law, says Trump’s post in other administrations would have been investigated, but is not likely not to trigger any reaction, save for maybe more Truth Social viewers.


“He’s sending the message that he can effectively and with impunity manipulate the market,” she said, “As in: Watch this space for future stock tips.”
BERNARD CONDON


Interesting stuff? What do you guys think? Just more haters? If this was a Democrat,would you be screaming for a full investigation?
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Opinion piece from another Anti-Trumper, surprise surprise
 
oneforthebus said:
Again, what American worker? Do you know a lot of people who are dying to work in manufacturing plants? People who want to sew clothes or manufacture cheap plastic **** or assemble iPhones? i don’t know any.
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Yes there are a lot of people who will work factory jobs for good pay. There will be even more if we end the welfare state and stop paying people to sit around and do nothing.
 
Troglodyte said:
😂 How about an absence of failed businesses and bankruptcies? You have no idea of the privilege the idiot Trump has had. You’re the kid impressed by the kid with a ping pong table who temporarily befriends you until he can find cooler kids to hang with.
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Someone once said "I've failed over and over again in my life. That is why I succeed."
I'm 100% sure you'd pass on any advice this person offered you.

you make the bluntest, most rusted and abused tool resemble a laser-etched obsidian knife. just by posting here, you lower the collective IQ of the board by 20-30 points, depending on the volume of your posts. You offer nothing substantial, provide less than zero net gain and are the absolute albatross of the entire internet. You are quite simply the egg that should have been squashed in the nest. You make me wish your mother had had at least one abortion and that your dad was wearing two rubbers and pulled out.
 
Sarge said:
It was an inside joke. Jitter crawfished a $50 bet with someone over the election a few years back. We like to remind him on occasion.
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You guys really need to let that go. I can't remember whom jizzer$50 stiffed on the bet, but if that guy was ...

Hold up, he stiffed ME?!?

@#$% him. Keep up the derisive mocking!
 
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