Trade Wars and Tariffs

[Vol8188]

I think @n_huffhines can sell you a $9000 lawnmower.

Most of my stuff is Ryobi. I am worried how expensive it’s going to be in the next couple of months

 

[Thunder Good-Oil]

CNBC had a guest that did an excellent explanation of where the tariffs stand with the new court ruling. Michael something… I didn’t catch his last name and it’s not posted on their website or app yet.

He said that the Executive and Legislative branches need to work on this together. From here it can work its way through the courts but much of it won’t happen quickly. A lot of things are already excluded… national security concerns on many items give Trump authority. The balance of payments provisions (unfair trade) in the existing laws give Trump a temporary window to keep them in force, but only temporarily. Meanwhile, our trading partners might stall and hope for rulings favorable to them. That’ll get them on DJT’s **** list.

I hope that CNBC puts that interview up on their platforms soon.

Michael ______ ???

Edit:
It’s now posted on cnbc dot com

Michael Froman, Council on Foreign Relations president and former U.S. Trade Representative, joins ‘Squawk Box’ to discuss news of a U.S. federal trade court blocking most of President Trump’s sweeping reciprocal tariffs, impact on U.S. trade negotiations, and more.

 

[EasternVol]

Utterly visionary like a plan or like a hallucination?

 

[BeardedVol]

View attachment 744942

13-D chess moves?

 

[Thunder Good-Oil]

View attachment 744944

13-D chess moves?

NVDA earnings beat.

NASDAQ futures are 50% more than the S & P.

 

[Vol737]

I’ve went electric on everything and I love it. I’ve wasted too much of my life trying to start weed eaters, chainsaws, and push mowers

Got an EGO weed whacker early this spring. Really like that thing. Looking at a mower next. I’ve got a decent size yard, but not much grass. Takes me all of 25 mins to mow the entire yard.

 

[dalton_vol]

 

[Vol423]

CNBC had a guest that did an excellent explanation of where the tariffs stand with the new court ruling. Michael something… I didn’t catch his last name and it’s not posted on their website or app yet.

He said that the Executive and Legislative branches need to work on this together. From here it can work its way through the courts but much of it won’t happen quickly. A lot of things are already excluded… national security concerns on many items give Trump authority. The balance of payments provisions (unfair trade) in the existing laws give Trump a temporary window to keep them in force, but only temporarily. Meanwhile, our trading partners might stall and hope for rulings favorable to them. That’ll get them on DJT’s **** list.

I hope that CNBC puts that interview up on their platforms soon.

Michael ______ ???

Edit:
It’s now posted on cnbc dot com

Michael Froman, Council on Foreign Relations president and former U.S. Trade Representative, joins ‘Squawk Box’ to discuss news of a U.S. federal trade court blocking most of President Trump’s sweeping reciprocal tariffs, impact on U.S. trade negotiations, and more.

Abe's brother?

 

[Orange_Crush]

Seems like there are several people doing that right now. Notably for me, since I really like his takes, Thomas Sowell was one of the first I saw to admit he'd gotten the criticism wrong, and discuss it.

 

[dalton_vol]

View attachment 744944

13-D chess moves?

Lol.. TDS is really tough on you. Don't, worry June is almost here.

 

[Majors]

View attachment 744944

13-D chess moves?

Someone doesn’t invest, if you did you would know why the market jumped today.

 

[Velo Vol]

While the U.S. president continues his isolation agenda, China continues to take advantage.

 

[Thunder Good-Oil]

Abe's brother?

No. Pete Schweddy‘s brother-in-law.

 

[Velo Vol]

 

[Orangeburst]

https://www.cnbc.com/2025/05/29/trump-expected-to-find-a-workaround-after-trade-court-blocks-tariffs.html

good breakdown on what to expect.

 

[Thunder Good-Oil]

While the U.S. president continues his isolation agenda, China continues to take advantage.

How will this progress when they get tired of China’s ****?

China must have ME oil to survive. The Arabs love selling it to them. Plus there’s no petro IP for the CCR to steal. Most of them can’t even get it out of the ground without assistance from the west.

 

[Vol8188]

Got an EGO weed whacker early this spring. Really like that thing. Looking at a mower next. I’ve got a decent size yard, but not much grass. Takes me all of 25 mins to mow the entire yard.

I’ve got about 2 acres and my Ryobi zero turn does pretty good. The only thing I don’t like is I have some right shoulder pain in general and operating that joystick gets to me by the end

 

[Thunder Good-Oil]

I’ve got about 2 acres and my Ryobi zero turn does pretty good. The only thing I don’t like is I have some right shoulder pain in general and operating that joystick gets to me by the end

I have a Ryobi push mower. The kill switches are fragile garbage. Loved it while it ran. Now I use a Toro with a good ole B & H engine. I need to figure out how to replace the carbs because they’re fragile as well are it’s bound to fail.

 

[bamawriter]

So what’s your point? Their net tariffs will therefore be in their favor with a 10/10 agreement. The objective isn’t to screw everybody. It’s to push back on those taking advantage of us. Australia is a good trading partner and ally. We benefit from importing their minerals. They can benefit from our agricultural products. If they dump minerals on us without buying our goods then there’ll be a mechanism in place to either fix the imbalance or generate revenue for the ERS (The External Revenue Service). There’s no need to carve out anybody. Even the penguins might stake a claim in Antarctica.

So you're admitting that there was no real thought put into these blanket tariffs. If you acknowledge that Trump completely crapped all over a decades old free trade agreement, and your argument is "well, Australia should just raise theirs to 10% to keep it equal," then you've got no real justification for the decision.

 

[LouderVol]

So you're admitting that there was no real thought put into these blanket tariffs. If you acknowledge that Trump completely crapped all over a decades old free trade agreement, and your argument is "well, Australia should just raise theirs to 10% to keep it equal," then you've got no real justification for the decision.

and somehow the consumers paying 10% more for the government to have more money via the tariffs is a good thing.

 

[EasternVol]

How will this progress when they get tired of China’s ****?

China must have ME oil to survive. The Arabs love selling it to them. Plus there’s no petro IP for the CCR to steal. Most of them can’t even get it out of the ground without assistance from the west.

China's been smart enough to not abruptly change trade policies every week. When our **** is out of control then their **** is more tolerable.

 

[Thunder Good-Oil]

China's been smart enough to not abruptly change trade policies every week. When our **** is out of control then their **** is more tolerable.

It’s more tolerable to steal IP, dump products to drive others completely out of major industries, fail to contain deadly viruses that kill a couple million people, run labor camps, grab territory in the South China Sea, disregard environmental regulations… ?

 

[Thunder Good-Oil]

So you're admitting that there was no real thought put into these blanket tariffs. If you acknowledge that Trump completely crapped all over a decades old free trade agreement, and your argument is "well, Australia should just raise theirs to 10% to keep it equal," then you've got no real justification for the decision.

I didn’t say that at all. The thought is to make the standard 10% and 10% for all. If Australia prefers to negotiate 0% and 0% I’m sure that it will be considered. US labor unions weren’t in favor of the 2005 agreement. The 10/10 hasn’t been forced on Australia so you can calm down.

Australia might decide to get out of the GW Bush era AUSFTA if they decide it’s not beneficial for them. And then slap 25% tariffs on US imports. Which is worse than a 10% standard.

 

[bamawriter]

I didn’t say that at all. The thought is to make the standard 10% and 10% for all. If Australia prefers to negotiate 0% and 0% I’m sure that it will be considered. US labor unions weren’t in favor of the 2005 agreement. The 10/10 hasn’t been forced on Australia so you can calm down.

Australia might decide to get out of the GW Bush era AUSFTA if they decide it’s not beneficial for them. And then slap 25% tariffs on US imports. Which is worse than a 10% standard.

Once again, you're just saying "10% for all." You're not even attempting to present any logic.

 

[LouderVol]

It’s more tolerable to steal IP, dump products to drive others completely out of major industries, fail to contain deadly viruses that kill a couple million people, run labor camps, grab territory in the South China Sea, disregard environmental regulations… ?

china has taken the long term approach with those moves. so there isn't the immediate pain that drives the decision making of today. and even with the long term issues, with them being long term known issues they can be planned for.

Trump's tariffs are both short and long term pain, and there can be no planning for them because no one, including Trump, has a clue what they will be tomorrow yet alone 6 months from now. and worse for the US there is no guarantee that even if Trump gets the tariff deals he wants it will result in the manufacturing returning in a manner that actually changes our economy.

the 50s, 60s, and 70s, were complete unicorns as far as world wide manufacturing. even if every manufacturing job came back home we wouldn't have close to the same level of success.