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Message
Trump pushes back EU tariff date
Posted on 5/25/25 at 6:03 pm
Posted on 5/25/25 at 6:03 pm
8
Posted on 5/25/25 at 6:10 pm to HailHailtoMichigan!
Market manipulation.
Posted on 5/25/25 at 6:14 pm to HailHailtoMichigan!
quote:Here is the CNBC article CNBC
President Donald Trump said Sunday that he agreed to an extension on the 50% tariff deadline on the European Union until July 9.
“I received a call today from Ursula von der Leyen, President of the European Commission, requesting an extension on the June 1st deadline on the 50% Tariff with respect to Trade and the European Union,” Trump wrote on Truth Social.
“I agreed to the extension — July 9, 2025 — It was my privilege to do so,” he added.
Trump’s post came after Von der Leyen said that she had a “good call” with Trump, but needed until July 9 to “reach a good deal.”
“The EU and US share the world’s most consequential and close trade relationship,” she wrote on X.
“Europe is ready to advance talks swiftly and decisively,” she continued.
Posted on 5/25/25 at 6:23 pm to HailHailtoMichigan!
Clown show
Posted on 5/25/25 at 6:24 pm to bigjoe1
Ty for link
I did not realize this came after a call with Ursula le guin
I thought he just pulled it out of his butt on golf course
I did not realize this came after a call with Ursula le guin
I thought he just pulled it out of his butt on golf course
Posted on 5/25/25 at 6:28 pm to HailHailtoMichigan!
That can change overnight 
Posted on 5/25/25 at 6:50 pm to HailHailtoMichigan!
.
This post was edited on 5/25/25 at 6:52 pm
Posted on 5/25/25 at 7:20 pm to HailHailtoMichigan!
quote:
I thought he just pulled it out of his butt on golf course
It was a reasonable thought. After his train wreck of a commencement speech he’s just deflecting.
Posted on 5/25/25 at 9:22 pm to HailHailtoMichigan!
Negotiations must be going poorly on our side
I know they said 90 trade deals in 90 days.
They must mean all of them on the last day at this rate
I know they said 90 trade deals in 90 days.
They must mean all of them on the last day at this rate
This post was edited on 5/25/25 at 9:25 pm
Posted on 5/25/25 at 9:37 pm to HailHailtoMichigan!
Posted on 5/25/25 at 9:42 pm to HailHailtoMichigan!
How do you guys think the market will react when Trumps big bullshite bill gets crushed and sent back to the drawing board? Should I sideline some cash? Or will it be a non event market wise
Posted on 5/25/25 at 10:02 pm to Chorizo chang
We're a couple of months from that happening. Depends on where we are with trade deals and the long end of the yield curve.
Posted on 5/25/25 at 10:11 pm to lil 7thward
quote:Japan wants to advance tariff talks CNBC
On Sunday, Ishiba expressed Japan’s willingness to cooperate in shipbuilding. He said the U.S. has shown interest in the possibility of repairing U.S. warships in Japan and that Japan would like to assist.
He said Japan has an advantage in icebreakers, such as those used on Arctic trade routes, which could become an area of cooperation with the U.S.
Posted on 5/25/25 at 10:20 pm to Chorizo chang
quote:
How do you guys think the market will react when Trumps big bullshite bill gets crushed and sent back to the drawing board? Should I sideline some cash? Or will it be a non event market wise
The markets are going to be a shite show until people are confident they know what’s going on. That’s the big thing jackasses on both sides of the aisle never seem to understand. The market cares less about what’s “good” and more about what’s stable.
At this point, I think the Midterms are the soonest we get a true calm down. If Trump loses his congressional majorities, I think the market will feel better about what it assumes would be gridlock.
Posted on 5/25/25 at 10:30 pm to Chorizo chang
quote:
How do you guys think the market will react when Trumps big bullshite bill gets crushed and sent back to the drawing board? Should I sideline some cash? Or will it be a non event market wise
Where is this idea coming from that the reconciliation bill is not going to eventually pass?
The senate will do its thing and make changes, the house will tinker with those changes, and concessions will be made to win key votes.
That is literally how every single major piece of legislation works.
Not a single congressional reporter I follow believes that the reconciliation bill will fail. Because the alternative (tcja not being renewed and most households being hit with a tax increase) is politically impossible.
Who is spreading the rumor/idea that the reconciliation bill is dead?
Senator Rand Paul and Senator Jay Johnson are both bluffing about being opposed to the bill. They will get a token concession just like those SALT people got.
It’s kabuki theater
This post was edited on 5/25/25 at 10:42 pm
Posted on 5/26/25 at 7:08 am to Joshjrn
quote:
The markets are going to be a shite show until people are confident they know what’s going on. That’s the big thing jackasses on both sides of the aisle never seem to understand. The market cares less about what’s “good” and more about what’s stable.
At this point, I think the Midterms are the soonest we get a true calm down. If Trump loses his congressional majorities, I think the market will feel better about what it assumes would be gridlock.
100%. We look at the data all the time and, regardless of the administration, the market performs well when there is a low amount of uncertainty related to policy. It's going to be bumpy until the tariff nonsense ends and the tax bill is signed.
Posted on 5/26/25 at 7:17 am to HailHailtoMichigan!
Europe Caved just like Chyna
Posted on 5/26/25 at 7:20 am to HailHailtoMichigan!
quote:
Senator Rand Paul and Senator Jay Johnson are both bluffing about being opposed to the bill.
While I agree that eventually they get it done. I'm not sure Rand is a good example. He is probably the one guaranteed to vote no on the bill.
Obviously the bill in US current form will change quite a bit after going through the Senate to meet all their demands
Posted on 5/26/25 at 8:31 am to HailHailtoMichigan!
That means he got their attention with the proposed hike and they are now back to negotiating so he extended the deadline to allow for more discussions........
Posted on 5/26/25 at 8:42 am to tigeraddict
How many factory jobs are we bringing back from the EU. I was told tariffs wouldn’t be negotiated and this was to bring factories to the US.
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