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S&P will be limit down tomorrow, this is a disastrous tariff rollout.
Posted on 4/2/25 at 4:06 pm
Posted on 4/2/25 at 4:06 pm
What a ****show. I voted for Trump 3 times and this is still better than Harris would have been, but he is going to force America into a recession in Q2/Q3 of this year. He will get slaughtered in the midterms and we will lose the Senate at this rate.
Instead of some B.S. formula applied across every country, a much more strategic approach should have been taken. Tell a country that if they go to 0% tariffs, U.S. matches with 0% tariffs. Instead, the "50% discount" on excess tariffs other countries place on us actually incentivizes other countries to just ramp their tariffs higher on U.S. goods. And there is absolutely no penalty under this formula for a country to go from 10% tariffs on U.S. goods to 19.99% tariffs, as the U.S. counter tariff stays flat at 10% in that scenario. There's also no incentive for a country to go from 10% tariffs on U.S. goods to 0% as our counter tariff stays at 10% regardless.
Finally, he should have gone lighter on the tariffs on Taiwan/Malaysia/Vietnam as those are key countries to diversify away from China for our supply chain.
Instead of some B.S. formula applied across every country, a much more strategic approach should have been taken. Tell a country that if they go to 0% tariffs, U.S. matches with 0% tariffs. Instead, the "50% discount" on excess tariffs other countries place on us actually incentivizes other countries to just ramp their tariffs higher on U.S. goods. And there is absolutely no penalty under this formula for a country to go from 10% tariffs on U.S. goods to 19.99% tariffs, as the U.S. counter tariff stays flat at 10% in that scenario. There's also no incentive for a country to go from 10% tariffs on U.S. goods to 0% as our counter tariff stays at 10% regardless.
Finally, he should have gone lighter on the tariffs on Taiwan/Malaysia/Vietnam as those are key countries to diversify away from China for our supply chain.
This post was edited on 4/2/25 at 4:14 pm
64
Posted on 4/2/25 at 4:07 pm to GeneralLee
The stock market doesn't always go up...grrrrrrrrrrrrrrrrr...I am so mad!!!!!!!!!!!!
Posted on 4/2/25 at 4:07 pm to GeneralLee
quote:
What a ****show. I voted for Trump 3 times and this is still better than Harris would have been, but he is going to force America into a recession in Q2/Q3 of this year. He will get slaughtered in the midterms and we will lose the Senate at this rate.
I doubt they lose the senate, but the house will very likely go to the democrats
Posted on 4/2/25 at 4:07 pm to GeneralLee
Please show us your Billionaire certificate before we listen to you. Thanks!
Posted on 4/2/25 at 4:08 pm to GeneralLee
frick you, in order to make this country strong like it used to be we need to do our own manufacturing, and benefiting our country first.
Posted on 4/2/25 at 4:09 pm to RLDSC FAN
quote:
but the house will very likely go to the democrats
Yep. I think senate is safe but Rs will lose house bigly.
Posted on 4/2/25 at 4:09 pm to GeneralLee
Stock market goes up and down. In other news water is wet.
Posted on 4/2/25 at 4:10 pm to GeneralLee
quote:
I voted for Trump 3 times
Prototypical qualifer for cred.
Username picked to appeal to the base and blend in.
Showed up here during Bush the Second.
Hello, Fed.
Posted on 4/2/25 at 4:10 pm to GeneralLee
quote:
I voted for Trump 3 times
quote:
but
Posted on 4/2/25 at 4:10 pm to SaintsReportExile
quote:
frick you, in order to make this country strong like it used to be we need to do our own manufacturing, and benefiting our country first
I agree with this goal 100%. But this is how you do it:
1) pass a tax bill that encourages onshoring production through lower tax rates and credits for companies that do so
2) gives countries until some date in the future to drop their tariffs on US goods, or else face consequences including reciprocal tariffs, but in a way that makes sense and encourages both countries to get to 0% tariffs.
Posted on 4/2/25 at 4:10 pm to GeneralLee
Some of you are so short sighted it’s really tough reasoning at times.
Unless ur pulling ur stock out tomorrow It’ll be better off in a couple years due to all the current infrastructure being placed by an Admin with Balls to make the necessary changes.
Just thank them later and stop simping out and leaving ur post sir.
Unless ur pulling ur stock out tomorrow It’ll be better off in a couple years due to all the current infrastructure being placed by an Admin with Balls to make the necessary changes.
Just thank them later and stop simping out and leaving ur post sir.
This post was edited on 4/2/25 at 4:11 pm
Posted on 4/2/25 at 4:11 pm to RogerTheShrubber
quote:
Yep. I think senate is safe but Rs will lose house bigly.
Great news, Rog is never right so this means we will be golden at mid terms
Posted on 4/2/25 at 4:11 pm to momentoftruth87
quote:
I voted for Trump 3 times
but
Always a classic
Posted on 4/2/25 at 4:11 pm to GeneralLee
The Tariff melt is my favorite as of now
Posted on 4/2/25 at 4:12 pm to GeneralLee
Congrats on voting loser
Posted on 4/2/25 at 4:12 pm to GeneralLee
It’s clear you didn’t actually vote for Trump.
Posted on 4/2/25 at 4:12 pm to GeneralLee
Trump is playing the long game. Too many CEOs and politicians only think a quarter or a few months ahead. That’s almost as bad as a cheap sugar high.
DJT will right the ship.
DJT will right the ship.
Posted on 4/2/25 at 4:12 pm to RogerTheShrubber
quote:
ep. I think senate is safe but Rs will lose house bigly.
WE are not even 100 days into the new adminstration, paint is still drying on the walls of new cabinet members and congress people
and you think the house majority is gone in 2 years because why?
Posted on 4/2/25 at 4:13 pm to GeneralLee
Short term pain for long term gain. It's medicine time.
Posted on 4/2/25 at 4:14 pm to GeneralLee
quote:
He should have gone lighter on the tariffs on Taiwan/Malaysia/Vietnam as those are key countries to diversify away from China for our supply chain.
Im betting that Vietnam, along with others will come around to Trump's way of thinking.
quote:
However, claims on platforms like X suggesting that Vietnam has "removed all tariffs on American goods" or "slashed all tariffs" exaggerate the situation. The reductions apply to specific categories, not across the board, and Vietnam still maintains tariffs on many U.S. imports, with an average import duty of 9.4% according to the World Trade Organization. These actions reflect Vietnam's proactive efforts to mitigate risks from potential U.S. tariffs, especially given its status as one of the countries with the largest trade surpluses with the U.S., rather than a complete elimination of tariffs.
Vietnam's moves are also contextualized by its ongoing charm offensive toward the U.S., including approving SpaceX's Starlink service on a trial basis and signing energy deals with U.S. firms, indicating a strategic effort to strengthen bilateral ties amid looming trade tensions. While significant, these tariff reductions do not equate to a full elimination of tariffs against the U.S. as of April 2, 2025.
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