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re: Trump exempts smartphones, computers and various other electronics from Chinese tariffs
Posted on 4/12/25 at 11:37 am to UltimaParadox
Posted on 4/12/25 at 11:37 am to UltimaParadox
I wish he would tell me before he does these things I would have bought tech stocks friday.
1
Posted on 4/12/25 at 11:38 am to UltimaParadox
so they still paying 145% on rubber dogshit?
Posted on 4/12/25 at 11:40 am to Robcrzy
quote:
I would have bought tech stocks friday.
Yep would have been nice to know.
Posted on 4/12/25 at 11:46 am to Shepherd88
quote:
So he most certainly still has everybody on the ropes with his intentions.
I can tell you exactly what his intentions are. He fricked up biggly and we were on the cusp of an international liquidity crisis and he had to back down.
I fully expect prior to the markets opening Monday morning some half assed deal with Vietnam or Japan.
This post was edited on 4/12/25 at 11:47 am
Posted on 4/12/25 at 11:49 am to Shepherd88
quote:
So he most certainly still has everybody on the ropes with his intentions.
Seems to me it’s less of him having people on the ropes. The question on other countries mind is probably closer to “does he understand that holding course is economic assured mutual destruction?”.
Posted on 4/12/25 at 11:56 am to Hateradedrink
quote:
I actually think it looks better on Trump than if he kept the foot on the gas all the way off the cliff.
Maybe, maybe not. People should really be alarmed by the fact American political resolve can’t withstand a bad week in the stock market.
Posted on 4/12/25 at 12:16 pm to lsuconnman
quote:
Maybe, maybe not. People should really be alarmed by the fact American political resolve can’t withstand a bad week in the stock market.
This is my long term concern.
How are we ever going to reduce our deficits if the market melts down at spending cuts, tax increases, or a combo of the two?
The stock market should not guide Econ policy. This isn’t a left wing or right wing thing either
I oppose Medicare for all/single payer healthcare, but as an example, imagine if a left wing president shelved his plan for m4a because the stock market melted down. Democrats and progressives would be extremely angry, and frankly, rightfully so. Investors should not be dictating policy via hissy fit sell offs.
Posted on 4/12/25 at 12:43 pm to lsuconnman
quote:Look at this board. Shares of VOO are considered to be money. Only like five people on this board think it’s reasonable to not be 100% allocated to the stock market and dollar-backed fixed income.
Maybe, maybe not. People should really be alarmed by the fact American political resolve can’t withstand a bad week in the stock market.
Posted on 4/12/25 at 12:56 pm to beaverfever
This don’t even make sense to me and I’m all about Trump wrecking shop which is why I give him miles of rope because I know what the actual politicians do is not correct in the long run. But I will call out when I know something makes no sense like the response to Covid. I knew the minute they started shutting the world down that was plain stupid and knew a rushed vaccine was going to be bullshite or even more sinister that they knew about this for years and actually had correctly done a vaccine.
The most important thing in all of this is trying to decouple America’s dependency on China for these type items and to get the ability to produce them here not only for jobs and GDP but for national security as shown during Covid. We still to this day have insanely long lead times to get electrical gear to construct buildings in this country post Covid. That is a national security issue.
Unless they have agreements with the actual companies to start bringing manufacturing back home and have not announced it, this makes no sense financially or security wise. Only stock market wise which I am more than willing to ride that pain to fix these things.
The most important thing in all of this is trying to decouple America’s dependency on China for these type items and to get the ability to produce them here not only for jobs and GDP but for national security as shown during Covid. We still to this day have insanely long lead times to get electrical gear to construct buildings in this country post Covid. That is a national security issue.
Unless they have agreements with the actual companies to start bringing manufacturing back home and have not announced it, this makes no sense financially or security wise. Only stock market wise which I am more than willing to ride that pain to fix these things.
Posted on 4/12/25 at 1:21 pm to UltimaParadox
Just something to know 32 % of China’s total trade falls under exempt category 68 % is still under 145% tariffs
Posted on 4/12/25 at 1:26 pm to TDTOM
quote:
TDTOM
"People on this board aren't sucking off Trump and making excuses for his stupidity like me and the cult do on the poliboard. What a bunch of libtards.
" 
Posted on 4/12/25 at 2:04 pm to lsuconnman
quote:
Maybe, maybe not. People should really be alarmed by the fact American political resolve can’t withstand a bad week in the stock market.
Most of bitching about the stock market was just throwing back in trumpers faces because of the election rhetoric.
Having the bond market crash is an existential threat to the economy, and that’s when it quit being funny.
This post was edited on 4/12/25 at 2:05 pm
Posted on 4/12/25 at 2:45 pm to LaterN
quote:
do believe Lutnick and Bressent are talented,
If Lutnick does indeed possess some wisdom it is impossible to see past all the bootlicking he does.
quote:
Navarro is dumber than a sack of bricks and should be made the fall guy of this mess.
At this point I think even Navarro’s mom agrees with you.
Posted on 4/12/25 at 3:12 pm to Hateradedrink
quote:
Having the bond market crash is an existential threat to the economy, and that’s when it quit being funny.
I'll be surprised if all of the tariff pullbacks change the downward momentum of the bond market.
Posted on 4/12/25 at 3:18 pm to UltimaParadox
Didn’t understand why people were still trying to win the tariff debate as opposed to nibbling on their shopping lists once we were down 15-20%. At those price levels it turns into noise.
Posted on 4/12/25 at 4:40 pm to Robcrzy
quote:
Just something to know 32 % of China’s total trade falls under exempt category 68 % is still under 145% tariffs
…it’s only been three days.
I think we all knew there was a pretty big problem after Vietnam and Israel publicly accepted the zero tariffs demand…and the admin immediately responded they needed a better offer.
Posted on 4/14/25 at 10:41 am to UltimaParadox
quote:
Trump exempts smartphones, computers and various other electronics from Chinese tariffs
Fake news.
Posted on 4/14/25 at 11:36 am to UltimaParadox
Constant improvement. This is a sign of good leadership.
Posted on 4/14/25 at 11:49 am to Hateradedrink
quote:
I actually think it looks better on Trump than if he kept the foot on the gas all the way off the cliff.
We're well off the cliff already. He's just desperately trying to find the ripcord to lessen the force of impact.
So China put an end to hard earth exports this weekend because Trump has chosen to get into a pissing match with them. A prepared President should have seen that coming and already lined up reserves or alternate sources. Problem is, no one else is mining/producing this stuff. You know who at least has deposits of these rare earth minerals? Greenland and Canada. I'm sure they'll be more than happy to work with us.
The world isn't lining up to forgive Trump whether he backs off or doesn't. He fricked up badly. Very badly. The damage is done. Our long-held reputation as a strong ally and reliable trade partner has been shredded to bits less than 3 months into this Presidency.
Posted on 4/14/25 at 12:37 pm to mmmmmbeeer
quote:
Our long-held reputation as a strong ally and reliable trade partner
Don't you mean our long held reputation as the worlds piggy bank? We've been subsidizing the world since end of WWII.
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