fruits of tariffs

[The_Waco_Kid]

Originally Posted by pxmcc

you don't get it sir, so allow me to explain..

the fed has a dual mandate: maximize employment, and keep inflation in check. as i mentioned in another thread, inflation isn't a bug of Trump's tariffs; it's the point.

his idea is that tariffs will cause imports to become so expensive that consumers will have no choice but to buy American. one problem: America makes a tiny fraction of all the garbage sold in Wal-Mart, which is largely made in China. so consumers will have a choice: pony up, or go without. for necessary products, they will pony up. voila, that's inflation. how does the fed fight inflation? by raising interest rates.
your comment that the fed can lower interest rates is correct. but will the fed? not a chance, not when inflation is running at 5 or 6%.

and, Jamie Diamond's political affiliation doesn't matter. What matters is the consensus on Wall Street is that tariffs and the trade war needs to end. and those are Trump's peeps..

Jamie Dimon matters. and he's been right far more than he's been wrong. show me what Wall Street's "consensus" is.

and i don't speak slang so who are those "peeps"?

Originally Posted by NiceGuy53

The article you cite also says the EU zero for zero offer is still on the table. Maybe you missed that.

HDG is TDS

it's all he has.

[Salty Again]

Originally Posted by VitaMan

Reuters got it wrong ?


(Reuters) - Wall Street's main indexes reversed course and moved sharply higher after White House economic adviser Kevin Hassett said in an interview that President Donald Trump was considering a 90-day tariff pause on all countries expect China.

... I reckon the FIRST story came from CNBC - and the
other liberal news shitbirds surely followed suit.

CNBC are the ones who buggered the biscuit, mate.

#### Salty

[HDGristle]

Originally Posted by NiceGuy53

The article you cite also says the EU zero for zero offer is still on the table. Maybe you missed that.

Never said it wasn't. It's also not a full zero for zero, only on cars and industrial goods. You still won't see many more U.S. cars in Europe unless the U.D. starts designing cars for Europe and meets certain standards.

And the EU has inquired about LNG before as well. They wanted it, but the adult that was supposed to make a deal didn't step up.

https://www.politico.eu/article/dona...tariff-relief/

He's not going to get Europe to eliminate VAT. Or change their roads to accommodate U.S. cars.

Just like he's not going to get China to start selling him rare earths on the cheap

[pxmcc]

i did not say Jamie Dimon doesn't matter. i said his political affiliation doesn't matter.

as for Wall Street, you can't get any more Wall Street than the WSJ. it is a well known fact that it skews right. and here's what they had to say about Trump's tariffs..

https://www.wsj.com/politics/policy/...riffs-c747f806


and if Jamie Dimon matters, as you say, and he's right more often than he's wrong, then maybe Trump should pay attention to what he is saying about Trump's tariffs..
https://www.npr.org/2025/04/07/nx-s1...treet-warnings

peeps is a well known goofy slang term for people. Bill Ackman, mentioned in the NPR article, is a huge supporter of Trump. and he is saying the tariffs and the trade wars need to end..

what more proof do you need, sir..

math nerds would wrap up with a q.e.d.; it's their version of a bitch slap. however, i'm not smart enough to be a math nerd, so i won't rub it in..

ergo, no q.e.d. ..

Originally Posted by The_Waco_Kid

Jamie Dimon matters. and he's been right far more than he's been wrong. show me what Wall Street's "consensus" is.

and i don't speak slang so who are those "peeps"?




HDG is TDS

it's all he has.

[The_Waco_Kid]

Originally Posted by pxmcc

i did not say Jamie Dimon doesn't matter. i said his political affiliation doesn't matter.

as for Wall Street, you can't get any more Wall Street than the WSJ. it is a well known fact that it skews right. and here's what they had to say about Trump's tariffs..

https://www.wsj.com/politics/policy/...riffs-c747f806


and if Jamie Dimon matters, as you say, and he's right more often than he's wrong, then maybe Trump should pay attention to what he is saying about Trump's tariffs..
https://www.npr.org/2025/04/07/nx-s1...treet-warnings

peeps is a well known goofy slang term for people. Bill Ackman, mentioned in the NPR article, is a huge supporter of Trump. and he is saying the tariffs and the trade wars need to end..

what more proof do you need, sir..

math nerds would wrap up with a q.e.d.; it's their version of a bitch slap. however, i'm not smart enough to be a math nerd, so i won't rub it in..

ergo, no q.e.d. ..

ergo .. you be wrong. Dimon isn't calling for an end neither is Ackman. they are speaking in the short term and neither think this is a long term issue especially with the world bowing to Lord Trump in droves.

the wsj article is a paywall. post it in full or i'll never read it. your point can't be made that way.

npr is so biased left Trump is right to defund it.

the world needs America more than America needs the world. they are finding that out the hard way. and they will bend the knee to Lord Trump

[Iceman]

Why are people surprised? Don't you know what reciprocal means? Trump promised to respond to raised tariffs with the same. China is testing his will. They will back down.

[Iceman]

Originally Posted by VitaMan

Using your logic, Trump will then roll back the tariffs after nations start to give in....causing even more confusion and uncertainty as to what Trump will do next.


And the companies that started to relocate to the US will stop, since Trump changed the economic equation again.


What an absolute mess......and it didn't have to be this way.

You complain about the tariffs, but if they succeed you will complain about that as well. Of course, if other countries drop theirs we will drop ours. That's the goal.

[Jacky S]

Has anybody noticed that under “Bidenomics”, Wall Street was setting records but the average American was struggling to afford gas and lodging.

Now, under Trump, it seems Wall Street is falling like a rock but average Americans will see benefits in more spending money.

That is, if they give Trump a chance. Instead, TDS is compelling the Democrats and their willing Lackeys in the Main Stream Media to predict nothing but doom and gloom.

I guess we are supposed to assume that all of the Wall Street Gurus are brilliant. They seem that way because they gamble with other people’s money.

You might have better odds at the Roulette Wheels in Vegas.

[VitaMan]

Two billionaire Trump backers, Ken Langone and Ken Griffin, are furious about the tariffs.

[Yssup Rider]

Originally Posted by Jacky S

Has anybody noticed that under “Bidenomics”, Wall Street was setting records but the average American was struggling to afford gas and lodging.

Now, under Trump, it seems Wall Street is falling like a rock but average Americans will see benefits in more spending money.

That is, if they give Trump a chance. Instead, TDS is compelling the Democrats and their willing Lackeys in the Main Stream Media to predict nothing but doom and gloom.

I guess we are supposed to assume that all of the Wall Street Gurus are brilliant. They seem that way because they gamble with other people’s money.

You might have better odds at the Roulette Wheels in Vegas.

How does this make any sense, Jacky. Even on a roulette wheel you know your odds of success.

Trump has no clue what he’s doing. Apparently his “average American” cultists don’t either.

This isn’t the Democrats or the dreaded MSM doing this. It’s your lord god Trump. And he’s a demented felon whose business practices have landed him in court throughout his long and fraud fraught career.

[Yssup Rider]

If they succeed??? They will succeed to the extent that they’ll do more than the pussified Congress and handpicked Trump SCOTUS have the ganas to do… which getting this abominable criminal and his mob out.

Trump wiped out over $3 Trillion (with a T) of this nations wealth in a matter of days, twiddling his thumbs on social media from a golf cart.

Inexcusable.

GOP elected officials are beginning to clap back, since they’re beginning to realize that America loves its wealth more than it hates trannies and brown people.

MAGA owns this. And will be held responsible come election time.

[VitaMan]

Originally Posted by Iceman

You complain about the tariffs, but if they succeed you will complain about that as well. Of course, if other countries drop theirs we will drop ours. That's the goal.

You mean if they succeed, Trump will alter his policy once again. Meaning the tariffs won't be there to earn the money for the deficit and tax cuts.....meaning companies can stop considering moving plants back to the US.


Until Trump changes the policy......again.


What an absolute mess.

[69in2it69]

Originally Posted by Iceman

You complain about the tariffs, but if they succeed you will complain about that as well. Of course, if other countries drop theirs we will drop ours. That's the goal.

So, if other countries drop theirs we'll drop ours. Let's take China for example, we drop our tariffs because they set theirs to zero. American's keep buying products from "insert every retailer" and maybe it's a couple cents cheaper, while the company makes more profit for it's CEO. In reverse, the dumpster has pissed off half the countries in the world and they simply choose not to buy from the US. See Canada as an example, they inflicted economic pain (if you personally have seen it or not) on the US just because he acted like a dick towards them.

[pxmcc]

i told you there are more economists who Trump cited who denied he implemented their proposals. one wasn't enough for you, even then you said name one. here's the 2nd: anson soderbury.

https://finance.yahoo.com/news/the-w...d-193615537.ht

2nd, you missed the point about the 1st economist. whether he's left or right matters not. what matters is Trump cited him as the basis, among other economists, for the tariffs trump enacted, and he said no way in heck did i say that. truth is Trump pulled his tariff policy out of his ass..

another problem is Trump doesn't know his own end game. Europe was ready to deal on LNG and buying more AG products from our farmers, and he still pulled the trigger. as leverage , sure. as policy? fook no. the 25% of the world economy-us-can't take down the 75% of the world economy-them.

Originally Posted by The_Waco_Kid

ergo .. you be wrong. Dimon isn't calling for an end neither is Ackman. they are speaking in the short term and neither think this is a long term issue especially with the world bowing to Lord Trump in droves.

the wsj article is a paywall. post it in full or i'll never read it. your point can't be made that way.

npr is so biased left Trump is right to defund it.

the world needs America more than America needs the world. they are finding that out the hard way. and they will bend the knee to Lord Trump

[Yssup Rider]

Originally Posted by VitaMan

You mean if they succeed, Trump will alter his policy once again. Meaning the tariffs won't be there to earn the money for the deficit and tax cuts.....meaning companies can stop considering moving plants back to the US.


Until Trump changes the policy......again.


What an absolute mess.

After all, he can do whatever he wants. No guidelines. No guardrails. No accountability.

A "never go to jail card" for a vulgar, convicted felon who shouldn't be allowed to vote, let alone hold the highest office in the land.

He won't last the year. I hope.