More TARIFFS

22,532 Views | 598 Replies | Last: 9 days ago by oski003
bearister
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“I love Cal deeply. What are the directions to The Portal from Sproul Plaza?”
Cal88
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Eastern Oregon Bear
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Cal88 said:


If only India would meat us halfway like good Christians.
bearister
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Eastern Oregon Bear said:

Cal88 said:


If only India would meat us halfway like good Christians.

Too bad Trump Steaks went under in 2 months. A lot of people have been saying you couldn't find a trace element of beef in them.

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“I love Cal deeply. What are the directions to The Portal from Sproul Plaza?”
Eastern Oregon Bear
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bearister said:

Eastern Oregon Bear said:

Cal88 said:


If only India would meat us halfway like good Christians.

Too bad Trump Steaks went under in 2 months. A lot of people have been saying you couldn't find a trace element of beef in them.


I'm sure Trump couldn't tell the difference once a Trump steak was so well done that the sides curled up, the whole thing was smothered in ketchup and was washed down with a few Diet Cokes.
movielover
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Get a dozen or so non-Chinese trade deals, and watch the SHTF.

cal83dls79
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movielover said:

Get a dozen or so non-Chinese trade deals, and watch the SHTF.


I always get my economic news from rando tweets from the vigilant fox.
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movielover
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When a dozen Federal agents seize Peanut the Squirrel for purposes of euthanasia, two dozen raid swinger Roger Stone's house at 4 AM, and Dr. Jill Biden publicly asks President Trump to be Sancho - anything is fair game.
cal83dls79
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movielover said:

When a dozen Federal agents seize Peanut the Squirrel for purposes of euthanasia, two dozen raid swinger Roger Stone's house at 4 AM, and Dr. Jill Biden publicly asks President Trump to be Sancho - anything is fair game.
I hear ya …good thing you left Stone's house by 3…Wheew!
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movielover
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cal83dls79 said:

movielover said:

When a dozen Federal agents seize Peanut the Squirrel for purposes of euthanasia, two dozen raid swinger Roger Stone's house at 4 AM, and Dr. Jill Biden publicly asks President Trump to be Sancho - anything is fair game.
I hear ya …good thing you left Stone's house by 3…Wheew!


His wife is a hottie. I'm sure they have Kompromat.
bearister
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"President Trump got a scare from CEOs and markets on Monday. On Tuesday, he blunted some of his sharpest threats signaling a softer stance on China and retreating from fiery rhetoric targeting the Fed.

Why it matters: The president is resolute in his goal of reshaping the economy. But he's sensitive to the movement of the markets and the pleas of powerful corporate leaders and investors who fear the worst from his sweeping efforts.

Zoom in: Monday was a tough day for Trump's goal of reshaping the global economy.

The CEOs of three of the nation's biggest retailers Walmart, Target and Home Depot privately warned him that his tariff and trade policy could disrupt supply chains, raise prices and empty shelves, according to sources familiar with the meeting.
"The big box CEOs flat out told him [Trump] the prices aren't going up, they're steady right now, but they will go up. And this wasn't about food. But he was told that shelves will be empty," an administration official familiar with the meeting told Axios.

Another official briefed on the meeting said the CEOs told Trump disruptions could become noticeable in two weeks.

While that was happening, financial markets were slumping stocks, bonds, the dollar as investors panicked about Trump's latest threats to oust Fed chair Jerome Powell and step on the central bank's independence.
Then on Tuesday, he turned the dial down.

His Treasury secretary, and then his press secretary, and then Trump himself all indicated that trade talks with China were imminent, starting on a good foot, and would result in a deal with much lower tariffs than the current 145%.

Trump then told reporters in the Oval Office that he had "no intention" of firing Powell, even though his top economic adviser said last week the White House was studying the details of doing exactly that.

Markets, having gotten what they wanted, promptly rallied hard. Stocks soared and the dollar surged.
The intrigue: White House officials bristle at the notion of softness from Trump. One senior official said the president was just showing he's ready to make a deal and that he's "optimistic we can move forward."

"This is what Donald Trump does. He leads with leverage," the official said. "He gets people to the table. China has expressed interest in negotiation. And the president has made clear that if they play ball, he'll play ball, too."

Between the lines: Trump's shift in tone comes at the same time as a shift in Trump's orbit.

Treasury Secretary Scott Bessent has been exerting more influence in recent weeks, reportedly getting in Trump's ear to the point of rushing the Oval Office when other advisers aren't around to get him to ease off for the sake of markets.

The big picture: For the first time since he entered political life, polls show most voters disapprove of Trump's handling of the economy.
Inflation which he claims is nonexistent is still a little hot, growth is slowing, and manufacturers are losing confidence.

Recession isn't inevitable, but it looks a lot more likely now than it did even a couple of months ago.
Around the world, the "sell America" trade is taking hold, as investors start to realize decades of orthodoxy about U.S. assets as safe havens may no longer be the case."

Axios
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DiabloWags
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Fip Flop

oski003
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DiabloWags said:

Fip Flop




He must be working with those who lent you shares. How is the interest going?
DiabloWags
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It sure looks like Scott Bessent is having much more influence these days over the Orange Man than protectionist clowns like Navarro, Lutnick, Hassett, and Miran.

Bessent knows full well that the Bond Market is the ultimate judge of policy.
And when the USD declines as Bond Yield increase, it's a quite telling moment in American history.
The biggest divergence in 30 years tells you as much.

Note: American exceptionalism means that what the U.S. (and Swiss and Japanese) export is their stability and rule of law as expressed by financial instruments created and governed by those countries.

This concept is becoming more and more at risk given the machinations and chaos from our Stable Genius who spends far too much of his time talking to China hawks like Navarro and Lutnick . . . the former who was "frozen" out of trade meetings at the White House by Gary Cohn.

Bessent is key.
He learned about the bond and currency markets from Soros and Druckenmiller.



cal83dls79
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Two beautiful poles going up on the White House lawn!
MAGA. Should probably set up some gymnastics equipment to practice their back flips.
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DiabloWags
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Today after the market closed, Trump announced that tariffs on CHINA will be cut in about 2 to 3 weeks. He also said that they are actively talking to everyone, including China.

Treasury Secretary Bessent said quite the opposite. He said that there are NO TALKS SCHEDULED WITH CHINA.

And he believes tariff "clarity" wont happen until Q3 of this year.

https://www.reuters.com/business/finance/us-china-tariffs-need-fall-trade-talks-start-bessent-says-2025-04-23/

DiabloWags
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China isnt coming to the White House to make a deal.

Trump is so stupid.

And now he OWNS THIS.
Cant blame Biden.
bearister
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Trump WH Giving Wall Street Insider Info On Trade Deals


https://www.mediaite.com/news/fox-reporter-says-the-trump-white-house-is-giving-wall-street-executives-inside-info-on-tariff-negotiations/
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cal83dls79
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Looks like a deal with Korea is just around the corner! The country for which a deal has been in place for 2 decades and nearly mutually tariff free for ten years .
Well done! MAGA. Trump is so hyper focused on trade deficits with specific countries he thinks he has to win every one.
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movielover
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cal83dls79 said:

Looks like a deal with Korea is just around the corner! The country for which a deal has been in place for 2 decades and nearly mutually tariff free for ten years .
Well done! MAGA. Trump is so hyper focused on trade deficits with specific countries he thinks he has to win every one.


Do they collaborate w China to backdoor our tariffs?
cal83dls79
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movielover said:

cal83dls79 said:

Looks like a deal with Korea is just around the corner! The country for which a deal has been in place for 2 decades and nearly mutually tariff free for ten years .
Well done! MAGA. Trump is so hyper focused on trade deficits with specific countries he thinks he has to win every one.


Do they collaborate w China to backdoor our tariffs?
you can answer the collaboration bit because I'm sure you have your answer…..but apparently the practice has has exploded this past quarter…..I wonder why? Do you have idea what that could have happened. Gee I don't. TIA.
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movielover
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cal83dls79 said:

movielover said:

cal83dls79 said:

Looks like a deal with Korea is just around the corner! The country for which a deal has been in place for 2 decades and nearly mutually tariff free for ten years .
Well done! MAGA. Trump is so hyper focused on trade deficits with specific countries he thinks he has to win every one.


Do they collaborate w China to backdoor our tariffs?
you can answer the collaboration bit because I'm sure you have your answer…..but apparently the practice has has exploded this past quarter…..I wonder why? Do you have idea what that could have happened. Gee I don't. TIA.


Since Trump 1.0 China has already prepositioned assets / CCP funded companies throughout Asia.
DiabloWags
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The USTR has a template that will provide a framework for trade talks to take place on a rolling basis for the next 2 months with 18 nations.

6 countries each week.

18 cycled through by the Administration's self-imposed deadline of July 8th.

Canada and Mexico arent part of this 18 country cycle since Trump's "reciprocal" tariffs didnt apply to tem.

And China is likely on a different track as well.

The 27-nation bloc EU is still awaiting specific demands from the Trump Administration, according to the EU Commissioner. The USTR disputes this.


bearister
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"President Trump's global trade war is only a few weeks old. But even if it stopped today, the impact on supply chains could eventually be measured in months and years.

The U.S. economy is at risk of repeating pandemic-era scenes, empty shelves and shortages of popular goods, Axios managing editor Ben Berkowitz reports.
"We are in a period of unprecedented disruption that's not going to stop," said Bryan Gross, principal in operations transformation at PwC, a period that goes back to the pandemic and runs through today's global economic unrest.

"I think we are surely out of equilibrium."

How it works: Commerce takes time.

Even for companies with established business relationships, goods have to be manufactured, transported to port, loaded into a container and onto ships, cross the Pacific, dock at a U.S. port, be offloaded, transferred to a truck, driven to a distribution point, then eventually delivered to retail.

That chain, experts say, takes multiple weeks end-to-end even if everything is going well. And it requires businesses to plan for the future, forecast demand, come up with capital, place orders and so on.
That's difficult to do in an environment of on-again, off-again tariffs, and a trade war between two countries that can't even publicly agree whether or not they're talking with each other.

For the record: Treasury Secretary Scott Bessent insisted Tuesday that retailers had planned for tariff disruptions.

"I wouldn't think that we would have supply chain shocks," Bessent said at a White House briefing. "I think retailers have managed their inventory in front of this."
Axios
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movielover
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Fear porn? But the MSM goons ignore this via Democrat RFK Jr.

cal83dls79
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movielover said:

Fear porn? But the MSM goons ignore this via Democrat RFK Jr.


the topic is tariffs? I might be wrong
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movielover
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So far, tariffs looking promising.

Zelensky agrees to a rare earth materials deal. Will he honor it?
DiabloWags
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You just can't believe a single word this CLOWN says . . .

In a recent interview with Time, magazine, Trump boasted that he had already struck "200 deals" with countries over tariffs. When he was asked again about the number of deals, he responded: "100 percent" though he refused to name any specific nations.

Back at the town hall, author and journalist Bill O'Reilly asked Trump about reports that he had already made deals with South Korea, Japan, and India. He asked when the deals might be announced.

"Well, we have potential deals with that," Trump clarified. "But I'll tell you this, I'm in less of
a hurry than you are. We are sitting on the catbird seat. They want us. We don't need them."

Trump suddenly slow-walks tariff deals at town hall: 'I'm in less of a hurry than you'

DiabloWags
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WSJ: THE TARIFFS HAVE "KIDNAPPED" THE ECONOMY.

TRUMP ON TARIFFS: KIDS MIGHT HAVE "2 DOLLS INSTEAD OF 30"

DUMBEST PRESIDENT IN MY LIFETIME.
movielover
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Sure, he can easily embellish.

A dozen or two inked deals, more on the way, and our position strengthens. Private investment up. Q2 should have a robust GDP figure.

Inked deal w Ukraine just announced giving us $350 Billion or more in rare earth minerals.
bearister
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DiabloWags said:



TRUMP ON TARIFFS: KIDS MIGHT HAVE "2 DOLLS INSTEAD OF 30"



Lawrence O'Donnell new nickname for POTUS:

Donny "2 Dolls"

* Mob Name Generator - Get your Mob Nickname | The Mob Museum

https://themobmuseum.org/nickname-generator/
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“I love Cal deeply. What are the directions to The Portal from Sproul Plaza?”
cal83dls79
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bearister said:

DiabloWags said:



TRUMP ON TARIFFS: KIDS MIGHT HAVE "2 DOLLS INSTEAD OF 30"


Lawrence O'Donnell new nickname for POTUS:

Donny "2 Dolls"

* Mob Name Generator - Get your Mob Nickname | The Mob Museum

https://themobmuseum.org/nickname-generator/
And the internet award of the day goes to…
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DiabloWags
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GM guides lower for 2025

CEO Mary Barra says Tariffs will cost the company $4 - $5 Billion.

MAGA!

https://www.cnn.com/2025/05/01/business/gm-ceo-barra-tariffs-cost

DiabloWags
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Ford Motor Co. became the latest big name to warn that President Donald Trump's trade war is about to do significant damage at home. The iconic US company said it suspended its full-year financial guidance, pinning the blame in part on auto tariffs. Ford said it expects Trump's levies to reduce 2025 adjusted earnings before interest and taxes by about $1.5 billion on a net basis this year.

Several automakers have warned of the steep costs they expect to pay due to Trump's chaotic tariff campaign and subsequent retaliation by other nations.
chazzed
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Good to know that Trump is looking out for the working class.


 
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