Tariffs

[treygator29]

I’m referring to Trump’s comments that “homegrown criminals” are next.

You mean do what other countries have been doing to us for years and it’s been allowed by Dems because they can turn it into votes?

You do see that the Democratic Party is battling immigration laws so they can turn those into votes right? They don’t actually care about any of these people.

 

[kalimgoodman]

Guantanamo Bay is in Cuba.

We've sent a citizen there.

What's the difference?

(I'm not saying this guy is a citizen, more of "even if he was")

You seriously don't know the difference?

 

[kalimgoodman]

I get it. Trump trumps all. He walks on water.
Maybe some of you should stop watching Fox or Newsmax or whatever. (And, lol, I do not watch CNN.)
As someone here said, just wait till his third term. Well, let’s see how he pulls that off. I have no doubt he will rearrange the laws to make it happen.
Again, there was an order in place for the guy to remain in the US. It was ignored. Trump even admitted it was a mistake. (Does not matter if he was guilty or innocent.) They are setting precedent. Next it could be “your father was Palestinian, you’re out”… your mother was a drug dealer, you’re out”.. “you are Catholic, you’re out.” Be careful what you wish for.

Exactly, just follow the laws and allow due process. It's really not that difficult to understand.

 

[kalimgoodman]

China is in trouble. They will have to cave shortly

FYI....

https://www.cnbc.com/2025/04/12/trump-exempts-phones-computers-chips-tariffs-apple-dell.html

😂😂😂😂😂😂😂😂😂😂😂😂😂

 

[grandhavendiddy]

@kalimgoodman - in my view, there is (as with most things) a balanced approach to protecting the right industries, allowing China to make inexpensive items that we will never want or need to make again (read: apparel and mass furniture). There is an argument for fairness with certain countries with low leverage (e.g. Germany with autos) and then a need for supply diversification so that we are not dealing with a monopolist.

Low cost iPhones that an hourly worker can enjoy and value on minimum wage only improves quality of life. Same with a 55 HDTV for under 500 bucks. Incredible.

We also need massive regulatory reform which even like Ezra Klein argue for.

Perhaps this is an “all-in” strategy to quickly get us to “zero-zero” with our Western Hemisphere allies. Ok, as I have said, give it a quarter.

But his polling on this issue continues to drop. One can argue “fake, news media”. It’s a fair question given what we have seen since 2016. But when it parallels both independents who turned Trump voters in 24 and that is said in live interviews and podcasts, then the polling is likely not that far off.

“We will see”

 

[Coolgtr]

Exactly, just follow the laws and allow due process. It's really not that difficult to understand.

It'd had already been ruled by two Immigration judges to be deported and he was. Case closed..

 

[grandhavendiddy]

I just saw a clip from the All-in podcast from Chamath and Ezra Klein where Chamath lays out the four critical areas of protection vis-a-vis China

1. Technology and IP
2. Energy independence
3. API and molecule access
4. Rare earth access

He’s spot on there. Now - do you do these via Tariffs, strategic investment (paired with regulatory reform) or other is where this administration can differentiate and shine.

 

[NavigatorII]

Exactly, just follow the laws and allow due process. It's really not that difficult to understand.

Both of ya'll have Down's Syndrome. You DO know the biggest thing here? The court wants the Dbag to be brought back to the US to only be formally deported again? You did know that didn't you? 😂

 

[BCSpell]

Both of ya'll have Down's Syndrome. You DO know the biggest thing here? The court wants the Dbag to be brought back to the US to only be formally deported again? You did know that didn't you? 😂

Exactly, he had a court hearing set, wherein they were going to tell him his protective order ended and he was going to be deported. He just got deported a little earlier.

 

[bradleygator]

I’m noticing more and more deportation updates on the “tariff” thread as our markets continue to sell off, the dollar continues to plunge, our treasuries sell off and our manufacturing indexes continue to dump.

 

[GhostOfMatchesMalone]

I’m noticing more and more deportation updates on the “tariff” thread as our markets continue to sell off, the dollar continues to plunge, our treasuries sell off and our manufacturing indexes continue to dump.

Wasn't it you and @G8trDad3 who started all this by crying over how mean Trump was being to illegal gang members and how deporting them without 'due process' meant the fall of western civilization?

 

[LordofallSocks]

I’m noticing more and more deportation updates on the “tariff” thread as our markets continue to sell off, the dollar continues to plunge, our treasuries sell off and our manufacturing indexes continue to dump.

Im not an economics guy but im guessing its going to take two quarters to right the ship.

 

[Capt Ron 1]

I’m noticing more and more deportation updates on the “tariff” thread as our markets continue to sell off, the dollar continues to plunge, our treasuries sell off and our manufacturing indexes continue to dump.

I feel real bad for the people that have/had to sell their holdings in the next 3 months. The others are just plain dumb.

 

[G8trDad3]

I feel real bad for the people that have/had to sell their holdings in the next 3 months. The others are just plain dumb.

I sure hope you are right. I’m nearing retirement; I’ll have to work another year for each day like today if things do not turn around soon.

 

[Gator Fever]

I’m noticing more and more deportation updates on the “tariff” thread as our markets continue to sell off, the dollar continues to plunge, our treasuries sell off and our manufacturing indexes continue to dump.

Trump needs to stick with the plan. It's better for the future.

 

[LordofallSocks]

I sure hope you are right. I’m nearing retirement; I’ll have to work another year for each day like today if things do not turn around soon.

Ok Eeyore.

 

[G8trDad3]

Ok Eeyore.

Your compassion for your fellow man is touching. 😂

 

[Coolgtr]

I sure hope you are right. I’m nearing retirement; I’ll have to work another year for each day like today if things do not turn around soon.

Things should stabilize soon. Clearly, the markets don't like change or uncertainty. I'm in the same boat as you but still have a few good years left. Hopefully, things will have settled down by then.

I get that this is all necessary for our future but the timing for some of us isn't good.

 

[LordofallSocks]

Your compassion for your fellow man is touching. 😂

I have neither compassion nor empathy for anyone who is not me or mine. Frankly the world would be a better place if more people thought that way.

 

[Capt Ron 1]

I sure hope you are right. I’m nearing retirement; I’ll have to work another year for each day like today if things do not turn around soon.

I am also close to retirement...but if the worthless POS brain-dead idiot that supposedly was president would have taken care of this..or Hussein..it would have been done. SURELY you do not suggest that America should just keep letting other Countries tariff us without trying to make things equal? I mean..no one believes that...right? And SURELY you believe the manufacturing that we lost needs to come back to America?

 

[G8trDad3]

I am also close to retirement...but if the worthless POS brain-dead idiot that supposedly was president would have taken care of this..or Hussein..it would have been done. SURELY you do not suggest that America should just keep letting other Countries tariff us without trying to make things equal? I mean..no one believes that...right? And SURELY you believe the manufacturing that we lost needs to come back to America?

I claim zero knowledge of world economics and thus have to accept and rely on those who know better. I can’t say The Trump approach will or won’t work. It just seems to me there would be a more subtle way to make changes.

 

[G8trDad3]

I have neither compassion nor empathy for anyone who is not me or mine. Frankly the world would be a better place if more people thought that way.

Not sure if you are serious about that. If so, I feel sorry for you. I can’t imagine what is like not to care about anyone not your own family. Luckily there are some who do advocate for those less fortunate.

 

[GhostOfMatchesMalone]

I sure hope you are right. I’m nearing retirement; I’ll have to work another year for each day like today if things do not turn around soon.

Under Biden, the stock market lost 2.000 points then stayed there for 2 years. And I don't remember you complaining a single time about it.

 

[GhostOfMatchesMalone]

Not sure if you are serious about that. If so, I feel sorry for you. I can’t imagine what is like not to care about anyone not your own family. Luckily there are some who do advocate for those less fortunate.

Yes we are aware that you care a lot about illegal gang members. The rest of us care about law-abiding Americans not criminals from Central America.

 

[LordofallSocks]

Not sure if you are serious about that. If so, I feel sorry for you. I can’t imagine what is like not to care about anyone not your own family. Luckily there are some who do advocate for those less fortunate.

Mine is more than blood family.

 

[Capt Ron 1]

I claim zero knowledge of world economics and thus have to accept and rely on those who know better. I can’t say The Trump approach will or won’t work. It just seems to me there would be a more subtle way to make changes.

Now THIS is a good discussion, so I will play. If there is a better way...why hasn't any president done ANYTHING about it...except Trump? Yes..it is painful at this time. (IF you have to sell) But if/when he gets reciprocal tariffs...or other Countries drop theirs, and the auto plants, pharmaceutical companies, and chip manufacturers come back to OUR Country...what will the stock market do then? Personally...this is WELL worth the SMALL risk.

 

[bradleygator]

I have neither compassion nor empathy for anyone who is not me or mine. Frankly the world would be a better place if more people thought that way.

I think politicians and their financiers think exactly like this and it’s why we’re steamrolling toward dystopian nightmare.

However, it probably is true that you’re at a disadvantage if you don’t understand that everyone is out for themselves and conduct yourself accordingly.

 

[fatman76]

I sure hope you are right. I’m nearing retirement; I’ll have to work another year for each day like today if things do not turn around soon.

Why in the hell are you so tied to the daily movements of the market if you’re about to retire?

 

[bradleygator]

Now THIS is a good discussion, so I will play. If there is a better way...why hasn't any president done ANYTHING about it...except Trump? Yes..it is painful at this time. (IF you have to sell) But if/when he gets reciprocal tariffs...or other Countries drop theirs, and the auto plants, pharmaceutical companies, and chip manufacturers come back to OUR Country...what will the stock market do then? Personally...this is WELL worth the SMALL risk.

Previous politicians haven’t done anything about it because they were paid not to.

I respect Trump for actually trying to take a hard line, but I do think it’s poorly thought out.

Look at the problem, we as a country buy $2 trillion a year in exports on credit.

We’ve sold off our manufacturing, including in strategic areas (medicine, weapons). This has been going on for about 30 years. To make matters worse, we sold our manufacturing to our biggest global rival that for sure is preparing for hostilities with us. Think about any large scale conflict, first thing you do is take out your enemy’s manufacturing and supply chain. We sold ours off to our biggest competitor.

So, you have to do something. And Trump was somewhat given a crap hand to play.

But if the idea is to completely restructure international trade, with us as a manufacturer for domestic market and as a net exporter (which I support and which was actually what made America great) then as an initial matter I would have been sure to take advantage of our paper wealth. We just wiped out $10 trillion from our stock markets. Why not at least initially approach the holders of that wealth and say: here’s what’s coming unless you invest x percent of that into domestic manufacturing, retraining, infrastructure, whatever.

I don’t get the immediacy announcing these tariffs given that we’re years away from being able to restore manufacturing. Maybe work out some of those details before you announce an effective embargo on importing from China (which by the way is why he had to immediately back off and exempt iPhones, computers, chips).

Then if you’re really trying to organize the world against China, does it make sense to spend the prior 2 months running around and telling everyone that they’re a bunch of pussies and their leaders should be jailed. It plays good for this board but I don’t see how it improves your bargaining position.

So again, I think he thought that all this was just going to go his way because he’s Trump. Just like the Ukraine ceasefire and Israel ceasefire. These people aren’t going to do Trump any favors. Why would they?

So again it boils down to who’s got the leverage. They obviously think they have more than I do. But I think it’s obvious that cratering stock markets and large scale selling of treasuries for gold or a crashing dollar do not improve our leverage.

Bessent himself said they want a strong dollar through these negotiations.

 

[bradleygator]

Why in the hell are you so tied to the daily movements of the market if you’re about to retire?

Because he’s depending on a 401k or pension fund to pay for retirement probably.

 

[bradleygator]

Now THIS is a good discussion, so I will play. If there is a better way...why hasn't any president done ANYTHING about it...except Trump? Yes..it is painful at this time. (IF you have to sell) But if/when he gets reciprocal tariffs...or other Countries drop theirs, and the auto plants, pharmaceutical companies, and chip manufacturers come back to OUR Country...what will the stock market do then? Personally...this is WELL worth the SMALL risk.

Also, small risk? Does a 2008-style market collapse strike you as a small risk? If you don’t think that’s on the table absent a policy reversal, you’re crazy. Keep in mind we’re 3x in debt since then because we paid to paper over the last collapse.

 

[fatman76]

Because he’s depending on a 401k or pension fund to pay for retirement probably.

You can shift any 401k I’ve been a part of into very
risk averse positions. I believe one option I have is close to 80% bonds. I’ll look tomorrow.

I’m 48 and already talking to my financial planner about when we should start doing that.

 

[bradleygator]

You can shift any 401k I’ve been a part of into very
risk averse positions. I believe one option I have is close to 80% bonds. I’ll look tomorrow.

I’m 48 and already talking to my financial planner about when we should start doing that.

Yeah you can probably go 100 percent bonds (crashing currently) or a money market, all cash paying 2-4 percent (dollar down 5 percent in 2025). Not too many gold indexes available unfortunately (up $1,000/oz since February).

But that still doesn’t explain why you’re sassing the guy for paying attention to the markets as he’s approaching retirement.

Thats the thing. Everybody’s like oh F…. Wall Street! Which I generally agree with. Except everyone’s retirement, college funds, employer provided health care, home equity, is tied up in the markets.

 

[bradleygator]

Look at these side by sides. First of all, it definitely shows that someone had to take action or else just accept that we become (became?) a colony of China.

Second, it reflects policy making that is close to treason. If anyone was interested, I bet you could pretty easily track votes, campaign contributions and increases in lawmaker wealth.

Third, it reflects the US manufacturing sector is dependent on China to provide materials.

Fourth, what looks like our best alternative to replace China? Canada. And do we all think Canada’s leadership is inclined to help Trump out if they can help it?

 

[GhostOfMatchesMalone]

Why in the hell are you so tied to the daily movements of the market if you’re about to retire?

He's tied to his politics. That's why he didn't care about Biden putting the stock market in the shitter and keeping it there for 2 years, but the market having a completely expected short-term dip over tariffs uncertainty terrifies him....cause that's what his politics demands happens.
]

 

[Capt Ron 1]

Previous politicians haven’t done anything about it because they were paid not to.

I respect Trump for actually trying to take a hard line, but I do think it’s poorly thought out.

Look at the problem, we as a country buy $2 trillion a year in exports on credit.

We’ve sold off our manufacturing, including in strategic areas (medicine, weapons). This has been going on for about 30 years. To make matters worse, we sold our manufacturing to our biggest global rival that for sure is preparing for hostilities with us. Think about any large scale conflict, first thing you do is take out your enemy’s manufacturing and supply chain. We sold ours off to our biggest competitor.

So, you have to do something. And Trump was somewhat given a crap hand to play.

But if the idea is to completely restructure international trade, with us as a manufacturer for domestic market and as a net exporter (which I support and which was actually what made America great) then as an initial matter I would have been sure to take advantage of our paper wealth. We just wiped out $10 trillion from our stock markets. Why not at least initially approach the holders of that wealth and say: here’s what’s coming unless you invest x percent of that into domestic manufacturing, retraining, infrastructure, whatever.

I don’t get the immediacy announcing these tariffs given that we’re years away from being able to restore manufacturing. Maybe work out some of those details before you announce an effective embargo on importing from China (which by the way is why he had to immediately back off and exempt iPhones, computers, chips).

Then if you’re really trying to organize the world against China, does it make sense to spend the prior 2 months running around and telling everyone that they’re a bunch of pussies and their leaders should be jailed. It plays good for this board but I don’t see how it improves your bargaining position.

So again, I think he thought that all this was just going to go his way because he’s Trump. Just like the Ukraine ceasefire and Israel ceasefire. These people aren’t going to do Trump any favors. Why would they?

So again it boils down to who’s got the leverage. They obviously think they have more than I do. But I think it’s obvious that cratering stock markets and large scale selling of treasuries for gold or a crashing dollar do not improve our leverage.

Bessent himself said they want a strong dollar through these negotiations.

Where I disagree with you is this was not poorly planned out. Trump has had this at the forefront of his mind for four decades. This is where I trust the multi billionaire more than others. However I 109% understand the pushbacks. People get rattled. But they are not looking at this long term enough. This will work because WE have the upper hand because of our economic power, and we buy more and they sell more. It truly is that simple. China is in the ropes here. The only thing that can sabotage this is people not giving it the time to work. And I truly believe most lefties want it to fail because they hate Trump so much. They would rather it fail and hurt America, then work and help Trump. Just plain facts.

 

[GhostOfMatchesMalone]

Where I disagree with you is this was not poorly planned out. Trump has had this at the forefront of his mind for four decades. This is where I trust the multi billionaire more than others. However I 109% understand the pushbacks. People get rattled. But they are not looking at this long term enough. This will work because WE have the upper hand because of our economic power, and we buy more and they sell more. It truly is that simple. China is in the ropes here. The only thing that can sabotage this is people not giving it the time to work. And I truly believe most lefties want it to fail because they hate Trump so much. They would rather it fail and hurt America, then work and help Trump. Just plain facts.

Agree with all of this.

Trump is battling the establishment and the media on this. Both have very likely received kickbacks from companies and countries to put us in the shitty predicament we find ourselves.

Trump's whole plan is let's stop the one-sided deals and put America back in a position of strength.

Politicians and media who have been bought don't want that, cause that means their gravy train ends. So the establishment and media will ALWAYS say Trump is wrong and that his policies will hurt America. Because Trump's plan will actually hurt the WALLETS of the establishment and media.

And @bradleygator I hate to tell you, but some of the more popular posters on Twitter have already been busted taking cash for attacking Trump's policies. Warned @RussellCasse about this too. Several of them got busted taking $1000 to tweet out their opposition to a potential plan from Trump to block food stamps being used to buy cokes. That's just one we found out about.

The point is, if you are worried about Trump's plan cause you see people criticizing it, you haven't been paying attention the last 10 years. Trump's plan will be criticized from now on. When it starts working, the criticism will then shift to how it's not fair that America has all the power and money and we are taking advantage of the rest of the world.

Same thing we saw in 2019.

 

[kalimgoodman]

I’m noticing more and more deportation updates on the “tariff” thread as our markets continue to sell off, the dollar continues to plunge, our treasuries sell off and our manufacturing indexes continue to dump.

It is being reported that the Trump administration is doing that on purpose. Talk more immigration and trans stuff to distract people from his major **** up....and it's working in regards to coverage but not polling. For the 1st time ever, Trump is under 50% in trust with the economy and the Dems are trusted more in the economy for the 1st time in like 20 years.

 

[GhostOfMatchesMalone]

I sure hope you are right. I’m nearing retirement; I’ll have to work another year for each day like today if things do not turn around soon.

Dow up 600 points in first hour of trading. Thanks to Trump you can retire now.

 

[fatman76]

View embedded media

Second, it reflects policy making that is close to treason. If anyone was interested, I bet you could pretty easily track votes, campaign contributions and increases in lawmaker wealth.

RINO's got us into this, it's gonna take something else to get us out of it.

President Grants Permanent Trade Status to China

Today the President signed a proclamation granting permanent normal trading relations status to China. This is the final step in normalizing U.S.-China trade relations and welcoming China into a global, rules-based trading system.

georgewbush-whitehouse.archives.gov