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04-09-2025, 05:38 AM
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#211
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The Man (He/Him/His)
Join Date: May 7, 2019
Location: The Box... Indeed
Posts: 7,910
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JUST IN: China raising its retaliatory tariff on the US to 84%, up from 34%, effective April 10
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04-09-2025, 05:44 AM
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#212
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Valued Poster
Join Date: Jul 7, 2010
Location: Dive Bar
Posts: 44,103
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ABSOLUTELY HUGE‼️
The Magic Number Tariff Income needs to Reach to in order to Cut INCOME TAX to ZERO for those making $150k or less… is $750 Billion
“Howard Lutnick said, anywhere approaching $750B, we have the line of site to cut income tax to ZERO for anyone making $150k or less.”
A strategy president Trump could be waiting for is to wait riiight before the midterms to announce this… the midterms are going RED.
As I previously projected, I believed this would happen in late 2026, taking effect early 2027.
LET’S GOO!!!!
ChiefNerd X
https://rumble.com/v6rulrb-the-magic...ncome-tax.html
ReTWEET
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04-09-2025, 05:54 AM
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#213
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The Man (He/Him/His)
Join Date: May 7, 2019
Location: The Box... Indeed
Posts: 7,910
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Quote:
Stock futures were down sharply again on Wednesday after China announced retaliatory tariffs on U.S. goods in the latest escalation of global trade tensions.
Dow Jones Industrial Average futures dropped 824 points, or 2.2%. S&P 500 futures slid 2.1%, and Nasdaq-100 futures declined 1.9%.
China announced it will impose an 84% levy on U.S. goodsstarting Thursday. This comes after U.S. tariffs of 104% on Chinese imports took effect shortly after midnight.
Apple shares declined as much as 2% in the premarket before paring that decline. Ford Motor also fell more than 2%, while General Motors shed 1%.
U.S. tariffs on imports from other countries also took effect. Canada reconfirmedTuesdayplans to put into effect 25% retaliatory tariffs on U.S.-made vehicles. This includes vehicles that aren't compliant with the United States-Mexico-Canada Agreement, in addition to non-Canadian and non-Mexican content of USMCA-compliant fully assembled vehicles brought into Canada from the U.S.
"Our base case is tariffs will, over time, drift lower than today's level but stay off the charts – at the highest levels of our lifetimes," Piper Sandler analyst Andy Laperriere wrote on Tuesday. "They are more likely to go higher in the near-term, though there could be some deals (probably minor ones) in the near term, too."
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https://www.cnbc.com/amp/2025/04/08/...-updates-.html
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04-09-2025, 06:31 AM
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#215
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Premium Access
Join Date: Jun 28, 2022
Location: pittsburgh
Posts: 1,725
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Zero taxes for poorer people w families isn’t going to mean jackshit when tee shirts cost 50 plus, all clothing, school materials, cost twice as much. Big difference between tariffs and trade deficits, one is a tax while the other should breed competition and huge savings for all Americans. Domestic garments? Are you kidding? Hard enough to get fruit pickers and landscapers not alone garment makers (basic sweatshop) unless everyone wants to pay 50-100 bucks for Russell shorts, tank tops ect. Get 6 pack of underwear or socks for 100 bucks.
I’m all for tariffs being a big stick ect but this guy doesn’t understand why trade deficits occur. He wants Vietnam to but triple their gdp in what? Soybeans?
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04-09-2025, 08:37 AM
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#216
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The Man (He/Him/His)
Join Date: May 7, 2019
Location: The Box... Indeed
Posts: 7,910
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04-09-2025, 09:36 AM
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#217
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Premium Access
Join Date: Mar 16, 2016
Location: Steel City
Posts: 9,199
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Quote:
Originally Posted by nomad1000!
Zero taxes for poorer people w families isn’t going to mean jackshit when tee shirts cost 50 plus, all clothing, school materials, cost twice as much. Big difference between tariffs and trade deficits, one is a tax while the other should breed competition and huge savings for all Americans. Domestic garments? Are you kidding? Hard enough to get fruit pickers and landscapers not alone garment makers (basic sweatshop) unless everyone wants to pay 50-100 bucks for Russell shorts, tank tops ect. Get 6 pack of underwear or socks for 100 bucks.
I’m all for tariffs being a big stick ect but this guy doesn’t understand why trade deficits occur. He wants Vietnam to but triple their gdp in what? Soybeans?
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So you’re pro slavery as long as it keeps garments affordable. Is this only brown people, or do you wish to go back to democratic roots and enslave blacks again too?
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04-09-2025, 09:41 AM
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#218
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Valued Poster
Join Date: Jul 7, 2010
Location: Dive Bar
Posts: 44,103
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04-09-2025, 12:06 PM
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#219
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The Man (He/Him/His)
Join Date: May 7, 2019
Location: The Box... Indeed
Posts: 7,910
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Market starts to soar as Trump back down from his dumbass tariff plan. Those 90 day pauses we were told weren't happening have happened. Except for China.
https://finance.yahoo.com/news/live/...133616912.html
Mebbe next time he has his people pick up a phone instead of causing widespread market chaos. Though, I imagine some folks around him got very rich from buying the dips.
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04-09-2025, 01:09 PM
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#220
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Lifetime Premium Access
Join Date: Nov 8, 2013
Location: Pittsburgh
Posts: 2,515
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Quote:
Originally Posted by HDGristle
Market starts to soar as Trump back down from his dumbass tariff plan. Those 90 day pauses we were told weren't happening have happened. Except for China.
https://finance.yahoo.com/news/live/...133616912.html
Mebbe next time he has his people pick up a phone instead of causing widespread market chaos. Though, I imagine some folks around him got very rich from buying the dips.
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Your last sentence is spot on!
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04-09-2025, 02:34 PM
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#221
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Premium Access
Join Date: Jan 21, 2010
Location: Erie
Posts: 4,243
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Quote:
Originally Posted by Charley3
Your last sentence is spot on!
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spot on as in a not so smart statement
hd knows full well as everyone else should that there is constant communication with all nations involved. deals are made, negotiations are being done without fanfare or daily communications with the public. maybe hd and winnie should give a direct call to the whitehouse to be kept up to date
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04-09-2025, 02:40 PM
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#222
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Valued Poster
Join Date: Jul 7, 2010
Location: Dive Bar
Posts: 44,103
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Quote:
Originally Posted by HDGristle
Market starts to soar as Trump back down from his dumbass tariff plan. Those 90 day pauses we were told weren't happening have happened. Except for China.
https://finance.yahoo.com/news/live/...133616912.html
Mebbe next time he has his people pick up a phone instead of causing widespread market chaos. Though, I imagine some folks around him got very rich from buying the dips.
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He didn’t back down. 75 countries backed down and agreed to meet and negotiate a fair deal. He doubled down on China. Which is now isolated. Trump put them in jail. They’re going have to figure out how to save face and make a deal with Trump. Trump is leading the way to global free trade. Which will lead to global peace and prosperity. It’s an historic day. As is your custom, you’re on the wrong side of history. How delicious
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04-09-2025, 02:51 PM
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#223
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Valued Poster
Join Date: Jul 7, 2010
Location: Dive Bar
Posts: 44,103
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04-09-2025, 03:07 PM
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#224
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Valued Poster
Join Date: Jul 7, 2010
Location: Dive Bar
Posts: 44,103
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When China is excluded or removed from the equation, labor and manufacturing costs increase sharply, hence why we are witnessing Bond erosion.
Given China's current economic state, it would be unwise to engage in tit-for-tat; China risks a decades-long depression if it retaliates or drags this out for months.
I'm expecting talks soon to calm the waters.
God bless and Godspeed.
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04-09-2025, 03:09 PM
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#225
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Valued Poster
Join Date: Jul 7, 2010
Location: Dive Bar
Posts: 44,103
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I think the ruling elite of the financial world will have to make a deal with President Trump!!!
Lin ❤️
www.FightBack.law
#THEARTOFTHEDEAL
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