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Started By
Message
The US trade deficit PLUMMETS 16% in one month, from May to June.
Posted on 8/5/25 at 8:58 am
Posted on 8/5/25 at 8:58 am
18
Posted on 8/5/25 at 9:00 am to SmogkDeizKnutz
You haven't figured out how to use the embed feature? It is quite easy.
Posted on 8/5/25 at 9:09 am to SmogkDeizKnutz
Posted on 8/5/25 at 9:12 am to SmogkDeizKnutz
I'm surprised, pleasantly.
Usually if tariffs are working (as judged by revenue) trade deficits go up.
Getting both is difficult.
Usually if tariffs are working (as judged by revenue) trade deficits go up.
Getting both is difficult.
Posted on 8/5/25 at 9:12 am to SmogkDeizKnutz
We can't trust the employment numbers but we can trust the trade numbers.....got it!
Posted on 8/5/25 at 9:14 am to Enadious
quote:
We can't trust the employment numbers but we can trust the trade numbers.....got it!
Which one is true in your opinion? Both? Neither?
Posted on 8/5/25 at 9:15 am to SmogkDeizKnutz
I’m sure this will be revised at some point to show “oMg We HaVe A tRaDe DeFiCiT iNcReAsE oF 800 mIlLiOn PeRcEnT!!”
Or people will say we can’t take those numbers seriously
Or people will say we can’t take those numbers seriously
Posted on 8/5/25 at 9:16 am to SmogkDeizKnutz
SFP just popped 4 Advils
Posted on 8/5/25 at 9:16 am to Gifman
quote:
SFP just popped 4 Advils
Posted on 8/5/25 at 9:18 am to SmogkDeizKnutz
Here come all of the shitheads pulling against our country.
Posted on 8/5/25 at 9:19 am to SmogkDeizKnutz
Lmao @ SFP
Posted on 8/5/25 at 9:19 am to Enadious
quote:
We can't trust the employment numbers but we can trust the trade numbers.....got
Exactly! I won’t trust any reports to be factual any more.
Posted on 8/5/25 at 9:19 am to Gifman
He will be here shortly to address our stupidity...and if someone could pass the gray poupon
Posted on 8/5/25 at 9:19 am to Enadious
quote:
We can't trust the employment numbers
They were overstated by 1mil last year so yeah we cant
Posted on 8/5/25 at 9:24 am to SmogkDeizKnutz
Ol Glory on its way back. Deficit cut combined with tariff revenue of $29B last month, which is a US record.
Posted on 8/5/25 at 9:26 am to SmogkDeizKnutz
I think the anti-tariff brigade had two fundamental flaws in their predictions:
1. With a lot of manufacturers volume is more of a priority than profit. Of course both are important but due to the lack of tariffs for a long time the quantity/profit equation weighted heavily on the profit side and in order to keep the product quantity high and keep factories open, manufacturers are absorbing some tariffs into their profits.
2. They thought a 50% tariff was going to increase the cost of $100 imports to $150. It doesn't work that way. Tariffs are not applied to retail prices.
1. With a lot of manufacturers volume is more of a priority than profit. Of course both are important but due to the lack of tariffs for a long time the quantity/profit equation weighted heavily on the profit side and in order to keep the product quantity high and keep factories open, manufacturers are absorbing some tariffs into their profits.
2. They thought a 50% tariff was going to increase the cost of $100 imports to $150. It doesn't work that way. Tariffs are not applied to retail prices.
Posted on 8/5/25 at 9:30 am to I20goon
quote:
I'm surprised, pleasantly.
Usually if tariffs are working (as judged by revenue) trade deficits go up.
Getting both is difficult.
Tariffs were already in place, just heavier against us. Bringing a trade deficit.
It was working as you say, just against the US. That was the point.
This post was edited on 8/5/25 at 9:31 am
Posted on 8/5/25 at 9:32 am to dgnx6
Now we have tariffs removed against us, still tariffs on them (at low enough rates where their manufacturers will just eat it on their end), and they are going to be paying the US tribute in the forms of investment and energy purchases
POTUS was correct
POTUS was correct
Posted on 8/5/25 at 9:32 am to GumboPot
quote:
I think the anti-tariff brigade had two fundamental flaws in their predictions:
They thought it was 1929 still.
And judging by some posts, they didn't know tariffs existed until now.
Posted on 8/5/25 at 9:32 am to SmogkDeizKnutz
Continuing the trend. It fell by a record amount back in April as well.
Trump is definitely good a trade-related issues. No doubt about that.
Trump is definitely good a trade-related issues. No doubt about that.
This post was edited on 8/5/25 at 9:34 am
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