More white on white violence... purposefully

They'll get what they voted for.

Sadly, the rest of us will also get what they voted for.

He won't do it just like he doesn't do anything else he promises to do.

It's negotiating. As soon as his pals at Apple etc start lobbying there will be more exceptions than rules

dimitrig said:

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He won't do it just like he doesn't do anything else he promises to do.

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You might want to consider the following:

"But when it comes to inflation, there's something bigger to worry about. If we've learned anything from the post-pandemic experience, it should be that companies tend to have more pricing power when one-off disruptions are in the news whether that's containerships piling up outside ports, or labor shortages because of Covid, or something else. 'Once-in-a-lifetime' emergencies mean that whole industries can raise prices altogether, without fear of a competitor coming in to undercut them, or consumers really pushing back against higher costs.

Trump has a nifty way of putting himself and his policies at the forefront of the news, which means that people are probably going to hear about tariffs over and over and over again for the next four years, regardless of what actually happens with them. That gives companies a pretty reliable talking point around which to structure a new excuse to raise prices. Because even if we're not certain that Trump's going to follow through on his threat to erect super-high tariffs, we can be very sure that he'll talk about it."

Tracy Alloway and Joe Weisenthal
Bloomberg

It's a bipartisan policy as far as Chinese imports go, where Trump is upping the ante is on NAFTA, with incming tariffs on Mexico and Canada.

Quote:

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Biden finalizes China tariff hikes, including for EVs, batteries and solar panels

The administration's increases for this year include a 100% tariff on electric vehicles, a 25% tariff on lithium-ion EV batteries and a 50% tariff on photovoltaic solar cells.

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https://www.utilitydive.com/news/joe-biden-china-tariff-hikes-ev-battery-semiconductor-final/727014/

If just half of Trump's tariffs on imports from Canada and Mexico are passed onto consumers, that would add 0.8 percentage point to a key inflation gauge next year, according to analysis at Deutsche Bank.

Anarchistbear said:

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It's negotiating. As soon as his pals at Apple etc start lobbying there will be more exceptions than rules

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In his first term, Trump did more than just "talk" about imposing tariffs.

He imposed levies on some $380 Billion of goods, mostly from China.

The markets are hoping that his appointment of Scott Bessent will be a moderating influence.

^Items 5 and 6 are almost mutually exclusive.

#10 doesn't seem that likely given Trump's foreign policy appointments but who knows.

#1 is also incompatible with Trump's neocons wanting to tangle with Iran...

Trump is stupid, but can he be THAT stupid??

I think it's his own MAD strategy - Mutually Assured Destruction. A negotiating tactic.

His adversaries are like, "wow, he's CRAZY! We'd better yield a few more terms in the negotiations.


The problem with my theory is that he's also incredibly incompetent in many aspects of governance. So while he might score a few points over here, he's liable to wreck entire other entities over there.

Cal88 said:

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^Items 5 and 6 are almost mutually exclusive.

#10 doesn't seem that likely given Trump's foreign policy appointments but who knows.

#1 is also incompatible with Trump's neocons wanting to tangle with Iran...

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And yet Trumpkins keep telling us he is going to do all of this. Maybe they are smarter than the rest of us.

AunBear89 said:

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Cal88 said:

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^Items 5 and 6 are almost mutually exclusive.

#10 doesn't seem that likely given Trump's foreign policy appointments but who knows.

#1 is also incompatible with Trump's neocons wanting to tangle with Iran...

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And yet Trumpkins keep telling us he is going to do all of this. Maybe they are smarter than the rest of us.

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They should be able to do 7,8,9 through Reconciliation. I think Trump will make #10 happen. The rest are market conditions not policy enactments so good luck.

Cal88 said:

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^Items 5 and 6 are almost mutually exclusive.

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A Recession wont make those two items mutually exclusive. The correlation will be highly positive.