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re: President Trump announces 30% tariffs on the European Union and Mexico.

Posted on 7/12/25 at 11:13 am to
Posted by LSURussian
Member since Feb 2005
134935 posts
Posted on 7/12/25 at 11:13 am to
quote:

you panicans saying the economy is crashing
You keep demanding the Fed lower the Fed Funds rate by a full percentage point (or more) yet you're so ignorant you don't know that the ONLY time the Fed has ever done that is when the "economy is crashing." Dumb arse.
Posted by Flats
Member since Jul 2019
28178 posts
Posted on 7/12/25 at 11:29 am to
quote:

Easy there.

Breesus is a legit poster with legit questions.


Ultra-maga believes no legit questions exist when it comes to this administration.
Posted by wryder1
Birmingham
Member since Feb 2008
4940 posts
Posted on 7/12/25 at 11:31 am to
quote:

Mother frick. You know a little warning and lead time would be nice instead of every other month being complete pricing chaos for people whenever Trump feels like throwing massive tariff spikes into the world.


Maybe Mexico should be smarter and not try to work with that retard La mayor on trying to circumvent trumps policy on sending illegals home.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
98250 posts
Posted on 7/12/25 at 11:33 am to
What legit questions have you asked? All you have done is complain like an angry ex wife
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
98250 posts
Posted on 7/12/25 at 11:34 am to
quote:

You keep demanding the Fed lower the Fed Funds rate by a full percentage point


Yes anyone who has a brain is calling for this based on the actual data
Posted by wryder1
Birmingham
Member since Feb 2008
4940 posts
Posted on 7/12/25 at 11:35 am to
quote:

Is there a reason he can’t say: I will be implementing 100% tarrifs on all non American goods in 8 months, so plan accordingly, you’re on notice.


Think about what you’re saying. You’re willing to give them 8 months to figure out a way to scheme around the tariffs by working out a deal with China? No, being the pain and let everyone know that if they want to screw around, they can wake up tomorrow with a different set of rules. Who is in charge? Us or them?
If they don’t like our rules, let them deal with China who will be far worse. All we are asking for is a level playing field and them to “pay their fair share”.
Posted by LaMigra
Member since Nov 2022
2774 posts
Posted on 7/12/25 at 11:42 am to
My family in Mexico are going to be pissed!

They are partners with Heier and make all the kitchen appliances under the brand GE and HEIER.

Ooops!!

I don’t feel sorry for them because they are all hypocrites that complain about the US and loath Trump, yet send their kids to the US to study, vacations, have houses here, on and on.

Every time we talk politics it’s a shitshow!
Posted by wareaglepete
Union of Soviet Auburn Republics
Member since Dec 2012
18554 posts
Posted on 7/12/25 at 11:51 am to
quote:

yet you're so ignorant you don't know that the ONLY time the Fed has ever done that is when the "economy is crashing."


So, because that is the only time the brain trust at the Fed has done this, then that means that will only be and should only be the time it is done? That’s thinking right in the middle of a small box.
Posted by BCreed1
Alabama
Member since Jan 2024
6994 posts
Posted on 7/12/25 at 12:09 pm to
He did give you warning. He put them off early on and told you a date.

Posted by BCreed1
Alabama
Member since Jan 2024
6994 posts
Posted on 7/12/25 at 12:12 pm to
quote:

Has he hit remittances to Mexico and Central America yet? Because that's a body shot directly against illegals. But it might be beyond EO authority and require useful action on the part of Congress.



Yes he did
Posted by Old Money
LSU
Member since Sep 2012
41793 posts
Posted on 7/12/25 at 12:15 pm to
quote:

Here are the countries Trump has sent letters to so far, and what tariff rate they will be charged effective Aug. 1.

Japan: 25 percent

South Korea: 25 percent

South Africa: 30 percent

Kazakhstan: 25 percent

Laos: 40 percent

Malaysia: 25 percent

Myanmar: 40 percent

Tunisia: 25 percent

Bosnia and Herzegovina: 30 percent

Indonesia: 32 percent

Bangladesh: 35 percent

Bosnia and Herzegovina: 30 percent

Indonesia: 32 percent

Bangladesh: 35 percent

Libya: 30 percent

Iraq: 30 percent

Algeria: 30 percent

Moldova: 25 percent

Brunei: 25 percent

Philippines: 20 percent

Sri Lanka: 30 percent

Brazil: 50 percent

Canada: 35 percent

Mexico: 30 percent

European Union: 30 percent


No Israel of course! Nothing to see here, goyim. Business as usual

Posted by LSURussian
Member since Feb 2005
134935 posts
Posted on 7/12/25 at 12:21 pm to
quote:

Yes anyone who has a brain is calling for this based on the actual data
Tell us the data you're looking at. I'm talking about the data that shows the economy is crashing, as you put it.

I happen to think Trump's economy is pretty strong.

Several hundred thousand jobs being added almost every month, manufacturing jobs increasing, persons looking for jobs at near recent lows, unemployment around 4%, housing starts doing mostly well with a few localized exceptions where the newly built housing has gotten ahead of demand, housing prices still strong (on average too strong) and just below record prices for the most part and average wages increasing faster than inflation.

Definitely NOT crashing.

So tell us, why do you believe Trump is ruining the economy so much that a drastic cut in interest rates is needed to invigorate the country's economy?
Posted by UptownJoeBrown
Baton Rouge
Member since Jul 2024
10008 posts
Posted on 7/12/25 at 12:23 pm to
Looks like all those countries just pissed away the time to negotiate a fair trade deal and now the clock is approaching zero.

Countries are just like people. They do what they want and not be reasonable until a boot is on their neck.

Watch. They will be bitching for more time to negotiate.

Time to step on their neck and keep it there until a fair deal is done.
This post was edited on 7/12/25 at 12:24 pm
Posted by NorCali
Member since Feb 2015
1735 posts
Posted on 7/12/25 at 12:25 pm to
Thanks for posting this link. Below is the part I think many people forget. These were announced and then entered into a 90 day pause to give time for people to adjust and other countries to negotiate…

The White House managed to strike a few deals during its 90-day pause. They brokered a trade agreement with the United Kingdom and solidified the contours of agreements with China and Vietnam.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
98250 posts
Posted on 7/12/25 at 12:29 pm to
quote:

Tell us the data you're looking at


This is what makes you an idiot. Powell cut 1% last year and the economy wasnt crashing

The data is better than last year and they are not cutting

We are over restricted by 1% we can do .25 cuts the next 4 meetings if thats what your peabrain can handle
Posted by moneyg
Member since Jun 2006
63089 posts
Posted on 7/12/25 at 12:32 pm to
quote:

Imagine being so retarded that you thought Trump’s america first policy means go buildin Mexico…




Slave labor is a drug.
Posted by TDTOM
Member since Jan 2021
25893 posts
Posted on 7/12/25 at 12:36 pm to
quote:

we can do .25 cuts the next 4 meetings


That would make more sense. If they moved 1% the market would tank.
Posted by LSURussian
Member since Feb 2005
134935 posts
Posted on 7/12/25 at 12:36 pm to
quote:

then that means that will only be and should only be the time it is done?
The Fed has two mandates required by existing congressional legislation: 1) full employment, and, 2) price stability.

In your opinion, which of those mandates requires "thinking outside the box" for an immediate 1% interest rate cut?
Posted by LSURussian
Member since Feb 2005
134935 posts
Posted on 7/12/25 at 12:52 pm to
quote:

Powell cut 1% last year
Not all at one time like you want him to do now.

The Fed cut rates in three steps (-.50% in September, -.25% in November and -.25% in December) based on the moderating of the inflation rate.

quote:

The data is better than last year and they are not cutting
Inflation is stubbornly still over the Fed's target rate of 2% y-o-y.

I know you believe in the ouija board, voodoo measurement of inflation that you keep posting but only idiots believe that website has any credibility. That's probably why you like it.

quote:

We are over restricted by 1%
What sectors of the economy are currently "over restricted"? Please show your work.

quote:

we can do .25 cuts the next 4 meetings
I've already posted that I personally believe the Fed will drop the overnight rate by -.25% at their meeting on July 30 even though that's not the consensus reported on CNBC.

The next 3 meetings they will use the data at that time to make a decision.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
98250 posts
Posted on 7/12/25 at 1:06 pm to
quote:

Not all at one time like you want him to do now.



I say he needs to cut 1% and your dumbarse just assumes i mean at once

Good grief old man

quote:

Inflation is stubbornly still over the Fed's target rate of 2% y-o-y.


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