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Message

It’s happening, re tariffs

Posted on 4/6/25 at 11:00 am
Posted by Lgrnwd
Member since Jan 2018
8141 posts
Posted on 4/6/25 at 11:00 am


Hold the line boys. The volatility over the next week will be of epic proportions
Posted by UltimaParadox
North Carolina
Member since Nov 2008
50526 posts
Posted on 4/6/25 at 11:15 am to
So which is it

Bringing manufacturing back the US, thus the tarrifs should stay in place?

Or removing tariffs so free trade can commence between two countries?

Or removing the trade imbalance which would mean the tarrifs would need to stay in place

Does anyone know?
Posted by Shepherd88
Member since Dec 2013
4872 posts
Posted on 4/6/25 at 11:19 am to
quote:

So which is it Bringing manufacturing back the US, thus the tarrifs should stay in place? Or removing tariffs so free trade can commence between two countries? Or removing the trade imbalance which would mean the tarrifs would need to stay in place Does anyone know?


Yes
Posted by eddieray
Lafayette
Member since Mar 2006
18978 posts
Posted on 4/6/25 at 11:19 am to
His little tariff chart was pretty much asking other countries to subsidize our trade deficit. Not really reciprocal tariffs. If he pulls this off, that will be amazing. However I’ll remain skeptical of all he is doing until my money returns.
This post was edited on 4/6/25 at 11:21 am
Posted by Lgrnwd
Member since Jan 2018
8141 posts
Posted on 4/6/25 at 11:32 am to
quote:

So which is it Bringing manufacturing back the US, thus the tarrifs should stay in place? Or removing tariffs so free trade can commence between two countries? Or removing the trade imbalance which would mean the tarrifs would need to stay in place Does anyone know?


It really is all of the above. The goal is to bring the manufacturing of things related to national security (steel, tech, pharmaceuticals) back to the US. While creating a more free trade environment for all other goods.
Posted by FLObserver
Jacksonville
Member since Nov 2005
15707 posts
Posted on 4/6/25 at 11:42 am to
What dem futures looking like?
Posted by beaverfever
Arkansas
Member since Jan 2008
35299 posts
Posted on 4/6/25 at 11:57 am to
quote:

So which is it Bringing manufacturing back the US, thus the tarrifs should stay in place? Or removing tariffs so free trade can commence between two countries? Or removing the trade imbalance which would mean the tarrifs would need to stay in place Does anyone know?
It’s a global shakedown and the tariffs are the price to be paid until Trump, Bessent and Lutnick are satisfied. In the end our tariff revenue increases AND we get support refinancing our debt. That’s the goal at least IMO.
This post was edited on 4/6/25 at 12:00 pm
Posted by Hateradedrink
Member since May 2023
3892 posts
Posted on 4/6/25 at 11:58 am to
There is no real logic other than “blow everything up, then quit fricking with it so it looks like we did something right”.

They’re sweating bullets that countries don’t retaliate. I don’t think they will- they’ll prolly bet they can run out the clock on a Trump administration.
Posted by frogtown
Member since Aug 2017
5592 posts
Posted on 4/6/25 at 12:24 pm to
quote:

It really is all of the above.


Eventually this will break down into hyper central planning and crony capitalism. It will get worse when/if the Democrats get back in charge.
Posted by Lgrnwd
Member since Jan 2018
8141 posts
Posted on 4/6/25 at 12:24 pm to
So you are telling me Trump, who has been a successful international businessman for 4 decades and his right hand man Musk, who has been the biggest innovator and visionary of the last decade, went into this tariff announcement with no logical thought behind it?
Posted by thelawnwranglers
Member since Sep 2007
41617 posts
Posted on 4/6/25 at 12:44 pm to
quote:

which is it

Bringing manufacturing back the US, thus the tarrifs should stay in place?

Or removing tariffs so free trade can commence between two countries?

Or removing the trade imbalance which would mean the tarrifs would need to stay in place

Does anyone know?


What about the fentanyl lol
Posted by Hateradedrink
Member since May 2023
3892 posts
Posted on 4/6/25 at 12:47 pm to
Citing Elon as a champion of tariffs here is pretty funny since he’s on record in the last day or so as saying tariffs are bad:

quote:

"At the end of the day, I hope it's agreed that both Europe and the United States should move ideally, in my view, to a zero tariff situation, effectively creating a free trade zone between Europe and North America," the tech billionaire told Matteo Salvini, the leader of Italy's right-wing League Party.


LINK


Regardless, yeah I do think they went into this with no real plan since Trump didn’t even decide on a plan until hours before the announcement:

quote:

After deliberations that went late into Tuesday, Trump didn’t decide on the final plan until about 1 p.m. Wednesday — less than three hours ahead of his Rose Garden announcement.


LINK
Posted by Suntiger
STG or BR or somewhere else
Member since Feb 2007
35396 posts
Posted on 4/6/25 at 12:50 pm to
quote:

So you are telling me Trump, who has been a successful international businessman for 4 decades and his right hand man Musk, who has been the biggest innovator and visionary of the last decade, went into this tariff announcement with no logical thought behind it?


LINK

quote:

Donald Trump is the self-proclaimed “king of debt.” Before becoming president, he built his brand and companies with massive amounts of borrowed money.


quote:

Allmand Law teamed up with James Publishing to illustrate this timeline by Mother Jones, outlining Trump’s Bankruptcies: How Trump Leveraged Other People’s Money to Make Bankruptcy Work for Him.


quote:

In the 1980s, Trump amassed casinos, hotels, an airline, and a 282-foot mega yacht. But his gold-plated bubble popped. By June 1990, Trump was unable to make loan payments on his $3.4 billion in outstanding debts. In total, Trump businesses filed for bankruptcy six times.

In many ways, Trump’s path to bankruptcy is just like that of many other business owners. His ambition was bigger than his financial resources. Risky business decisions didn’t play out as planned. And his attempts to restructure his debt were unsuccessful. But, in classic Trump form, there are flourishes of scandal. (His father illegally tried to bail his companies out.)


quote:

So how did he rebound and rebuild? Trump, along with his bankruptcy attorneys and financial advisors, used federal bankruptcy laws to their advantage. While investors and creditors lost a lot of their money, Trump was highly compensated for his day-to-day work, earned fees during the property transfers, and slashed his personal debts.


You ready for Trump to lose your money to enrich himself?
Posted by LSURussian
Member since Feb 2005
133384 posts
Posted on 4/6/25 at 1:11 pm to
quote:

What dem futures looking like?
Futures don't start trading on Sundays until 6 PM Eastern Time.
Posted by Fat Bastard
2024 NFL pick'em champion
Member since Mar 2009
87407 posts
Posted on 4/6/25 at 1:28 pm to
oh noz. a businessman used leverage and loans/debt to make money. THE HORROR!

used tax writeoffs the right way. oH NOZ.

u cucks are a joke





Posted by beaverfever
Arkansas
Member since Jan 2008
35299 posts
Posted on 4/6/25 at 1:29 pm to
The futures will be down 3% or more unless we hear something from the admin to chill the masses out heading into tomorrow’s trading.

My gut is that is that we open close to limit down tomorrow unless we hear something. I really really hope I’m wrong.
This post was edited on 4/6/25 at 1:40 pm
Posted by Suntiger
STG or BR or somewhere else
Member since Feb 2007
35396 posts
Posted on 4/6/25 at 3:09 pm to
quote:

oh noz. a businessman used leverage and loans/debt to make money. THE HORROR!

used tax writeoffs the right way. oH NOZ.

u cucks are a joke


Oh noez! Someone disparaged dear leader. I must call him a cuck, filthy prog or a groomer.

You cult members are a joke.

And so you’re okay with the president bankrupting the country to make himself money. Because that what you just made an analogy for.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40000 posts
Posted on 4/6/25 at 3:36 pm to
quote:

So which is it Bringing manufacturing back the US, thus the tarrifs should stay in place? Or removing tariffs so free trade can commence between two countries? Or removing the trade imbalance which would mean the tarrifs would need to stay in place


Yes
Posted by RLDSC FAN
Rancho Cucamonga, CA
Member since Nov 2008
58523 posts
Posted on 4/6/25 at 3:41 pm to
quote:

There is no real logic other than “blow everything up, then quit fricking with it so it looks like we did something right”.

They’re sweating bullets that countries don’t retaliate. I don’t think they will- they’ll prolly bet they can run out the clock on a Trump administration.


+1
Posted by beaverfever
Arkansas
Member since Jan 2008
35299 posts
Posted on 4/6/25 at 3:50 pm to
The thing is we export so little relative to the wealth we export. So, while an escalating trade conflict would be very rough for the US it would cause devastation to our counterparts. Their only leverage in most cases is that they’re already poor and they don’t care if their constituents suffer. Our tolerance for pain is almost nonexistent.
This post was edited on 4/6/25 at 3:52 pm
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