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So the universe knew tarrifs were coming today.

Posted on 4/2/25 at 7:00 pm
Posted by LChama
Member since May 2020
3332 posts
Posted on 4/2/25 at 7:00 pm
The markets have been down for quite some time In anticipation of this. Tarrifs are announced as expected.. and the market acts like its surprised by this? WTF? Did people just hope he was going to back down or extend the date? Is that why we were green yesterday and today (before the close)?
Posted by HVAU
Up over here
Member since Sep 2010
5165 posts
Posted on 4/2/25 at 7:02 pm to
Probably. To be fair that’s what the administration did twice before. It’s possible that tomorrow is a shitstorm, and Trump backtracks again. Who really knows?
Posted by lsuconnman
Baton rouge
Member since Feb 2007
4481 posts
Posted on 4/2/25 at 7:07 pm to
Is the response any different than the taper tantrum?

Posted by slackster
Houston
Member since Mar 2009
91362 posts
Posted on 4/2/25 at 7:14 pm to
Some of these are worse than feared and then you can build a narrative around tit for tat stuff that may follow.

Ultimately a nice buying opportunity if you think it’s overdone.
Posted by UltimaParadox
North Carolina
Member since Nov 2008
51552 posts
Posted on 4/2/25 at 7:14 pm to
I think the market thought it would be a blanket 20% across the board.

Instead we get random mish mash of stuff that provides no certainty or direction that can change any minute.

Uncertainty is the enemy of the market.
Posted by TxTiger82
Member since Sep 2004
34324 posts
Posted on 4/2/25 at 7:23 pm to
Bunch of people didn’t take the tariff talk seriously, and are only recently realizing that yea, the leopard really will eat your face, too.
Posted by Lgrnwd
Member since Jan 2018
8430 posts
Posted on 4/2/25 at 7:26 pm to
Remember, “If’s it’s in the news, it’s in the price.”

Meaning, usually when news is officially released to the public, 90% of the move, up or down has already taken place.
Posted by Civildawg
Member since May 2012
10255 posts
Posted on 4/2/25 at 7:29 pm to
I don't want to start another tariff thread but I'm curious from the people on this board their thoughts on this question I keep contemplating.

Why is it ok for basically every country in the world to leverage tariffs against our goods but when we do it people freak out and act like the world is burning? I just don't understand it. Our country is the gold mine and we are the ones that are getting screwed everywhere else
Posted by LChama
Member since May 2020
3332 posts
Posted on 4/2/25 at 7:31 pm to
quote:

Why is it ok for basically every country in the world to leverage tariffs against our goods but when we do it people freak out and act like the world is burning? I just don't understand it. Our country is the gold mine and we are the ones that are getting screwed everywhere else


I agree with this stance civildawg. It makes perfect sense. Cant see how its not that simple to everyone
Posted by slackster
Houston
Member since Mar 2009
91362 posts
Posted on 4/2/25 at 7:32 pm to
quote:

Why is it ok for basically every country in the world to leverage tariffs against our goods but when we do it people freak out and act like the world is burning? I just don't understand it. Our country is the gold mine and we are the ones that are getting screwed everywhere else


If you want an honest answer it’s because those tariffs have been in place and the supply chain has been built accordingly. The US reciprocating overnight throws a massive wrench into the entire system that simply cannot be rectified quickly.

Even if you’re fine with the “short term pain for long term gain” thought process, you have to expect people/the market to throw a fit when the apple cart is upset.
Posted by BCreed1
Alabama
Member since Jan 2024
6443 posts
Posted on 4/2/25 at 7:34 pm to
It will adjust.

Right now the message is simple.

- You place barriers on us, we will place them on you.

- You remove them, we will remove them.

It's that simple. The markets and the world existed a long time with tariffs. It will adjust.
Posted by UltimaParadox
North Carolina
Member since Nov 2008
51552 posts
Posted on 4/2/25 at 7:34 pm to
quote:

Why is it ok for basically every country in the world to leverage tariffs against our goods but when we do it people freak out and act like the world is burning? I just don't understand it. Our country is the gold mine and we are the ones that are getting screwed everywhere else


I was in the middle of responding but slackster answered it perfectly.

You guys act like it's personal. It's not..

The market reaction is completely understandable it isn't political
Posted by BCreed1
Alabama
Member since Jan 2024
6443 posts
Posted on 4/2/25 at 7:35 pm to
quote:

Why is it ok for basically every country in the world to leverage tariffs against our goods but when we do it people freak out and act like the world is burning?



It's not.


Not OK at all. We have destroyed a massive part of America.
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
31726 posts
Posted on 4/2/25 at 7:35 pm to
quote:

Why is it ok for basically every country in the world to leverage tariffs against our goods but when we do it people freak out and act like the world is burning? I just don't understand it. Our country is the gold mine and we are the ones that are getting screwed everywhere else

I think it’s less that we’re doing it and more how we’re doing it. If we took a measured approach and gave reasonable deadlines for clearly delineated policy changes, there would be grumbling, but everyone would get over it. Then you have what’s going on now, which is day to day uncertainty driven by showmanship. The frick is the point in hitting everyone with surprise tariffs today, other than getting attention? It’s not like other countries can “fix” the issue in a day. Beyond that, I have absolutely no idea whether the tariffs he had on his big board are legit or whether it’s another round of “Canada has a 240% tariff on dairy!” nonsense.

Today didn’t make America look strong; today made America look neurotic. That’s why many people are unhappy.
Posted by BCreed1
Alabama
Member since Jan 2024
6443 posts
Posted on 4/2/25 at 7:36 pm to
quote:

If you want an honest answer it’s because those tariffs have been in place and the supply chain has been built accordingly. The US reciprocating overnight throws a massive wrench into the entire system that simply cannot be rectified quickly.

Even if you’re fine with the “short term pain for long term gain” thought process, you have to expect people/the market to throw a fit when the apple cart is upset.


See, we can agree!
Posted by Big Scrub TX
Member since Dec 2013
38521 posts
Posted on 4/2/25 at 7:36 pm to
quote:

The markets have been down for quite some time In anticipation of this. Tarrifs are announced as expected.. and the market acts like its surprised by this? WTF? Did people just hope he was going to back down or extend the date? Is that why we were green yesterday and today (before the close)?
Part of the announcement WAS a surprise.
Posted by UltimaParadox
North Carolina
Member since Nov 2008
51552 posts
Posted on 4/2/25 at 7:36 pm to
quote:

The markets and the world existed a long time with tariffs. It will adjust.


Agree 100% and if the administration keeps changing the tariffs then you will expect changes in the market accordingly.

Change from the status quo has to be priced in, constant change drives volatility.

It will settle once things stop changing
Posted by Civildawg
Member since May 2012
10255 posts
Posted on 4/2/25 at 7:46 pm to
I agree. Trump should have just clearly stated the policies and let what's done be done. I'm fine with the short term pain. I was honestly just looking for well thought out opinions and answers, which everyone provided.
Posted by jefforize
Member since Feb 2008
45719 posts
Posted on 4/2/25 at 7:47 pm to
Aftermarket is generally low volume and Nasdaq futures recently reversed this evening.

… only hopium I can provide.
Posted by beaverfever
Arkansas
Member since Jan 2008
35461 posts
Posted on 4/2/25 at 8:09 pm to
quote:

It’s possible that tomorrow is a shitstorm, and Trump backtracks again. Who really knows?
This is my fear and probably my base case. Not really a “fear” but I had higher hopes for Trump this go around.
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