Trade Wars and Tariffs

#2,952
#2,952
Vol737 said:
I get what Trump is wanting/trying to do, but not enthused with his method to the madness. I feel there were other ways to approach this. Having said that, I was more than happy to put a fair amount of dry powder to work yesterday and this morning. Can’t control what one person does, but we can control (somewhat) how we (consumers/investors) respond to it.
Click to expand...

Good take. We are in trouble with the low wage nations. They are taking jobs and to compete you either have to automate or reduce minimal wage to $ 5 per hour. Anyone up for the later?

I just got pressure tonight about India source that is literally charging such an absurd price for a product that I don't think it is real. It is sad because I used to have diversified supply base globally. Now it is all in East or South Asia. No one in Europe, USA, Japan, Latin America, etc. can compete anymore.
 
  • Like
Reactions: AM64 and Vol737
#2,959
#2,959
Shouldn’t there be criminal activity first before investigating a crime instead of attempting to fabricate a crime then alleging somebody committed it? Assume innocence instead of guilt?

Never mind. I forgot that the accusers are democrats.
 
  • Like
Reactions: Majors and FLVOL_79
#2,961
#2,961
kiddiedoc said:
My son told me that Pelosi gained like 90% on her portfolio today. Is that true? Are politicians' holdings public knowledge?
Click to expand...
Not that I am aware of. You do have to disclose what you invest in outside of your government 401K and certain folks cant invest in certain things. Like I can't invest in a handful of aviation companies. Management and up have to do financial disclosures every year. Hell. I can't even go to the Bahamas without telling someone.
 
#2,964
#2,964
MontyPython said:
Provide a real link.

Googled this and nothing so… seems to be a lie.

Shocker.
Click to expand...
Mark Carney
@MarkJCarney

The pause on reciprocal tariffs announced by President Trump is a welcome reprieve for the global economy.

As President Trump and I have agreed, the U.S. President and the Canadian Prime Minister will commence negotiations on a new economic and security relationship immediately following the Federal election.

As part of today’s announcement, the President has signalled that the U.S. will engage in bilateral negotiations with a number of other countries. This will likely result in a fundamental restructuring of the global trading system......

5:18 PM · Apr 9, 2025
·
370.4K
Views
 
#2,967
#2,967
Velo Vol said:
I don't very well know what it's like on the water, but it's ridiculous how much trash people toss along the roadways.
Click to expand...
Same dumbasses that throw trash out the window of a car own boats. And what washes down to the river from ditches. It’s all the same. We’re fighting a losing battle against the pollution pecker heads but we still have to do what we can
 
  • Like
Reactions: JustFunnN'Orange, AM64, newokie03 and 3 others
#2,968
#2,968
volbound1700 said:
Good take. We are in trouble with the low wage nations. They are taking jobs and to compete you either have to automate or reduce minimal wage to $ 5 per hour. Anyone up for the later?

I just got pressure tonight about India source that is literally charging such an absurd price for a product that I don't think it is real. It is sad because I used to have diversified supply base globally. Now it is all in East or South Asia. No one in Europe, USA, Japan, Latin America, etc. can compete anymore.
Click to expand...
Slave and forced labor is usually the cheapest
 
  • Like
Reactions: AM64
#2,969
#2,969
www.breitbart.com

Even Before Tariff Relief, Global Bond Investors Rallied Behind Trump's Trade Push

Although President Trump's announcement that some of the tariffs would be paused for 90 days got all the attention, the real fireworks began several minutes earlier, when the U.S. Treasury held its much-anticipated 10-year bond auction. | Economy
www.breitbart.com www.breitbart.com

"Behind the scenes, that outcome wasn’t accidental. Trump administration officials had spent the previous days quietly assuring international partners that Trump’s trade strategy was not a lurch into chaos but a coordinated plan to end decades of economic exploitation by foreign powers — especially China. Treasury Secretary Scott Bessent, Vice President J.D. Vance, and other members of the Trump economic team had been urging a structured approach that would isolate China while signaling to global markets and allies that the administration’s strategy was deliberate and focused."

“Virtually every country wants to negotiate,” Trump said Monday. The auction on Wednesday proved it. The buyers weren’t running from America. They were buying into it."

'Later that day, Mr. Trump announced a 90-day pause for most countries while raising tariffs on China to 125 percent. It wasn’t a reversal — it was a signal that allies can work with the U.S. and adversaries would pay."

'On Wednesday, the world didn’t run from Trump’s plan to reorient the global trading system—it lined up to invest in U.S. Treasuries."
 
#2,970
#2,970
www.foxbusiness.com

Stocks signal a second day of gains after Trump’s tariff surprise: Live Updates

After stocks notch their best day in five years, investors eye another day of gains for the Dow, S&P and Nasdaq, as Trump touts tariff progress and with a fresh read on inflation. . FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.
www.foxbusiness.com www.foxbusiness.com

EU countermeasures against Trump tariffs to be delayed for 90 days​


European Commission President Ursula von der Leyen announced Thursday that countermeasures from the European Union against Trump’s latest tariffs will be put on hold for 90 days.

“We took note of the announcement by President Trump. We want to give negotiations a chance,” she wrote on X.

“While finalizing the adoption of the EU countermeasures that saw strong support from our Member States, we will put them on hold for 90 days,” she continued. “If negotiations are not satisfactory, our countermeasures will kick in.”

“As I have said before, all options remain on the table,” Von der Leyen also said.

Von der Leyen said earlier this week that the EU is "ready to negotiate" with Trump over the tariffs. "
 
#2,971
#2,971
Ashevolle said:
Who says i don't want her prosecuted for insider trading, numbnuts? You sound like an idealogue.
Click to expand...
Point the board where you’ve stated that. We can wait while you dance around it. It’s ideologue, no “a”.
 
Last edited:
#2,975
#2,975
AM64 said:
Nobody ever seems to win when politicians start playing economics. Could be politicians don't understand economics - could be economists just don't understand nearly as much as they think they do - probably both really. Your side has a nasty habit of trying to spend their way out of a depression/recession with Keynesian logic - that just doesn't work either and leads to debt, inflation, and to a great extent explains a lot about why our labor costs are completely insane when compared to much of the rest of the world. The excuse for the failure "we didn't spend enough".

Look at the nonsense during Biden's term - the inflation, and the wage spiral - exactly what we didn't need. The UAW deal was insanity that even the absurd minimum wage hikes didn't match, but dems have always worked hand in hand with unions for votes. Ever think that antitrust regulations should be in play against unions - why should a union represent an entire industry when the companies being extorted can't work together? One word - democratic politicians and vote buying.

Trump always comes out smelling like a rose whether a NY bailout when real estate prices tank or bankruptcies that leave the investors and suppliers in the lurch. Most of us would see that (bankruptcy) as a failure; Trump is like a pig in slop - doesn't care that others got burned by his incompetence and lust for wealth.
Click to expand...
If economists were so ****ing smart, they would be leading the league in billionaires. They don't know squat.
 
  • Like
Reactions: Vol since 77, AM64, BigOrangeMojo and 2 others
New posts
You must log in or register to reply here.

VN Store



Back
Top