LIBERATION DAY: 90 day pause on all tariffs except China

[Hawkeye21 2,379]

2 minutes ago, Mike Honcho said:

Thinking that you know what others are experiencing or feeling is a sign that you be suffering from Dunning-Krueger.  

What are others experiencing or feeling right now?

[The Psychic Observer 495]

10 minutes ago, Hawkeye21 said:

What are others experiencing or feeling right now?

According to the new Quinnipiac poll, Trump stands at 40% approval and 55% disapproval on his handling of the economy. And asked how the president is dealing with the issue of trade, only 39% of respondents said they approved, while 55% gave Trump a thumbs down.

[Hawkeye21 2,379]

1 minute ago, The Psychic Observer said:

According to the new Quinnipiac poll, Trump stands at 40% approval and 55% disapproval on his handling of the economy. And asked how the president is dealing with the issue of trade, only 39% of respondents said they approved, while 55% gave Trump a thumbs down.

That's their opinion on Trump.  That doesn't surprise me at all.  He's very dislikeable.

Are people's lives worse right now than they were with Biden?  I understand having concern for the future but right at this moment, not a lot has changed.

[The Psychic Observer 495]

3 minutes ago, Hawkeye21 said:

That's their opinion on Trump.  That doesn't surprise me at all.  He's very dislikeable.

Are people's lives worse right now than they were with Biden?  I understand having concern for the future but right at this moment, not a lot has changed.

As an overall no, but like you have been saying, give it time.  People are concerned about what Trump is doing to the economy.  Has nothing to do with if they like him or not, they don't like his handling of the economy or tariffs.

[Hawkeye21 2,379]

1 minute ago, The Psychic Observer said:

As an overall no, but like you have been saying, give it time.  People are concerned about what Trump is doing to the economy.  Has nothing to do with if they like him or not, they don't like his handling of the economy or tariffs.

The concern is understandable but no one knows for sure what will happen.  That's why I say to stop overreacting and relax.  Do what's in your control.  If you think things are going to get really bad, prepare for it.  Lower your spending and put some money away.  The constant complaining does no good.  It's not healthy to get that worked up everyday over things you can't control.

[squistion 1,940]

10 minutes ago, Hawkeye21 said:

That's their opinion on Trump.  That doesn't surprise me at all.  He's very dislikeable.

Are people's lives worse right now than they were with Biden?  I understand having concern for the future but right at this moment, not a lot has changed.

No, but stay tuned. 

[The Real timschochet 6,388]

Apparently the markets still don’t like what’s going on because of what’s happening with China. And many believe recession is still on its way because the damage is already done. 

[The Real timschochet 6,388]

Trump acknowledges that he may have caused a recession,  but wants to avoid a depression: 

https://www.cnbc.com/amp/2025/04/10/trump-acknowledged-he-could-cause-a-recession-but-just-didnt-want-a-depression-according-to-wsj.html

[The Psychic Observer 495]

7 minutes ago, Hawkeye21 said:

The concern is understandable but no one knows for sure what will happen.  That's why I say to stop overreacting and relax.  Do what's in your control.  If you think things are going to get really bad, prepare for it.  Lower your spending and put some money away.  The constant complaining does no good.  It's not healthy to get that worked up everyday over things you can't control.

I agree.

I wouldn't take what you see on this board as evidence of people getting worked up and being unhealthy.

[The Psychic Observer 495]

1 minute ago, The Real timschochet said:

Trump acknowledges that he may have caused a recession,  but wants to avoid a depression: 

https://www.cnbc.com/amp/2025/04/10/trump-acknowledged-he-could-cause-a-recession-but-just-didnt-want-a-depression-according-to-wsj.html

Maga reaction:  FATHER TRUMP SAVES US FROM DEPRESSION.  ALPHA MOVE.  ART OF THE DEAL.

[The Real timschochet 6,388]

3 hours ago, Kopy said:

It's not called caving. It's called the art of negotiation.

 

Yeah OK. 
 

@The Psychic Observer you are so right. 

[Mike Honcho 5,080]

17 minutes ago, Hawkeye21 said:

The concern is understandable but no one knows for sure what will happen.  That's why I say to stop overreacting and relax.  Do what's in your control.  If you think things are going to get really bad, prepare for it.  Lower your spending and put some money away.  The constant complaining does no good.  It's not healthy to get that worked up everyday over things you can't control.

Markets are based on using current sets of data and predicting how that will affect future returns...so when the President puts tariffs on every country in the world, there will be a reaction. 

[Hawkeye21 2,379]

21 minutes ago, squistion said:

No, but stay tuned. 

That's what I've been saying.  We don't know what's going to happen.  It could be great too.

[The Real timschochet 6,388]

So at the moment we still have, brand new since last week: 

125% tariff with China 

10% tariffs on all nations 

25% tariffs on all steel and aluminum 

25% tariffs on all auto imports 

These stay in place despite the pause. Anyone feeling liberated yet? 

[The Real timschochet 6,388]

3 minutes ago, Hawkeye21 said:

That's what I've been saying.  We don't know what's going to happen.  It could be great too.

That…seems awfully unlikely. 

[CaptainObvious1 319]

25 minutes ago, squistion said:

No, but stay tuned. 

You’re an irrational emotional fear mongerer. 

[Hawkeye21 2,379]

2 minutes ago, The Real timschochet said:

That…seems awfully unlikely. 

We'll be fine.

[The Real timschochet 6,388]

1 minute ago, Hawkeye21 said:

We'll be fine.

I agree with you. But this is a far cry from “the tariffs will make things great.” That, I don’t believe. 

[The Psychic Observer 495]

11 minutes ago, Hawkeye21 said:

That's what I've been saying.  We don't know what's going to happen.  It could be great too.

Of course we can't predict the future.

But we can make educated predictions based on data, correct?

[The Psychic Observer 495]

10 minutes ago, The Real timschochet said:

So at the moment we still have, brand new since last week: 

125% tariff with China 

10% tariffs on all nations 

25% tariffs on all steel and aluminum 

25% tariffs on all auto imports 

These stay in place despite the pause. Anyone feeling liberated yet? 

Anyone feel this is a recipe for economic growth and a rebirth of manufacturing?

[Hawkeye21 2,379]

1 minute ago, The Psychic Observer said:

Of course we can't predict the future.

But we can make educated predictions based on data, correct?

Sure, and the sky is not falling or going to fall.  We're the USA, we no how to recover if things get bad.  Prepare for the worst and hope for the best.  Most of the people that struggle the most put themselves in that situation and then place the blame on others or the government.  Be smart and we'll all be fine.

[The Psychic Observer 495]

1 minute ago, Hawkeye21 said:

Sure, and the sky is not falling or going to fall.  We're the USA, we no how to recover if things get bad.  Prepare for the worst and hope for the best.  Most of the people that struggle the most put themselves in that situation and then place the blame on others or the government.  Be smart and we'll all be fine.

I appreciate your optimism.

[TheNewGirl 1,339]

7 minutes ago, The Psychic Observer said:

Of course we can't predict the future.

But we can make educated predictions based on data, correct?

Past performance is not indicative of future results. 

[Hawkeye21 2,379]

2 minutes ago, The Psychic Observer said:

I appreciate your optimism.

Someone here needs to be optimistic.  At least without being a Trump lover.

[The Real timschochet 6,388]

3 minutes ago, Hawkeye21 said:

Sure, and the sky is not falling or going to fall.  We're the USA, we no how to recover if things get bad.  Prepare for the worst and hope for the best.  Most of the people that struggle the most put themselves in that situation and then place the blame on others or the government.  Be smart and we'll all be fine.

Agree with all of this. But it really doesn’t apply to this situation. Trump put up these tariffs unnecessarily, and apparently without much consideration of the consequences. If a recession or anything close to that happens, it will be due to his decision-making. And the people that will struggle the most will not have put themselves in that situation, as you wrote: Trump will have put them in that situation, and they will be correct to blame him. So in this case your generalities, which are largely true, aren’t at all relevant. 

[The Real timschochet 6,388]

4 minutes ago, TheNewGirl said:

Past performance is not indicative of future results. 

It increases the odds. 

[purdygood 331]

10 minutes ago, Hawkeye21 said:

Most of the people that struggle the most put themselves in that situation and then place the blame on others or the government

Hmmm who can I think of who may be President who does this?

[Beaker15 233]

1 minute ago, The Real timschochet said:

Agree with all of this. But it really doesn’t apply to this situation. Trump put up these tariffs unnecessarily, and apparently without much consideration of the consequences. If a recession or anything close to that happens, it will be due to his decision-making. And the people that will struggle the most will not have put themselves in that situation, as you wrote: Trump will have put them in that situation, and they will be correct to blame him. So in this case your generalities, which are largely true, aren’t at all relevant. 

This is simply your opinion.  Trump sees the long term benefits outweighed the short term pain and nobody else was going to stop China from taking advantage of us with IP theft and trade.  The 10% universal was necessary to keep China from bypassing the tariffs by going through other countries.  I expect these 90 days the countries will get the 10% removed with agreements not to let China circumvent the tariffs by going through their countries.

[Hawkeye21 2,379]

3 minutes ago, purdygood said:

Hmmm who can I think of who may be President who does this?

Well played.

[The Psychic Observer 495]

20 minutes ago, TheNewGirl said:

Past performance is not indicative of future results. 

It most certainly is.  In all aspects of life.

[The Psychic Observer 495]

12 minutes ago, Beaker15 said:

This is simply your opinion.  Trump sees the long term benefits outweighed the short term pain and nobody else was going to stop China from taking advantage of us with IP theft and trade.  The 10% universal was necessary to keep China from bypassing the tariffs by going through other countries.  I expect these 90 days the countries will get the 10% removed with agreements not to let China circumvent the tariffs by going through their countries.

And that is simply Trump's opinion.

[RaiderHaters Revenge 4,236]

Guys. Panic again graph go down 

[The Real timschochet 6,388]

14 minutes ago, Beaker15 said:

This is simply your opinion.  Trump sees the long term benefits outweighed the short term pain and nobody else was going to stop China from taking advantage of us with IP theft and trade.  The 10% universal was necessary to keep China from bypassing the tariffs by going through other countries.  I expect these 90 days the countries will get the 10% removed with agreements not to let China circumvent the tariffs by going through their countries.

You’re correct. It’s simply my opinion. But it’s not based on guesswork. There is a reason why most economists are opposed to what Trump has done. 

But there’s another aspect of your argument that I have to take issue with: you and many others continue to believe that Trump has thought this through, that he’s making educated decisions, considering all factors, looking at long term benefits, etc. This view of Donald Trump as the sharp “art of the deal” businessman who plays 4d chess seems entrenched among his supporters; no amount of evidence will ever shake their belief in this. 

I think the reality is quite different: Trump makes arbitrary decisions on the spur of the moment based on whim, ego, fear, anger. He doesn’t look ahead, doesn’t listen to reason, doesn’t consider details, reacts quickly. This is one of the main reasons I didn’t want him as President; I don’t think he’s competent for the job at hand. 

[avoiding injuries 1,505]

1 hour ago, The Psychic Observer said:

According to the new Quinnipiac poll, Trump stands at 40% approval and 55% disapproval on his handling of the economy. And asked how the president is dealing with the issue of trade, only 39% of respondents said they approved, while 55% gave Trump a thumbs down.

Are you wacking off every time you post this? Weird…and sad. 

[HellToupee 1,582]

2 hours ago, Tree of Knowledge said:

World class athlete

Of course he is . An absolute beast in a wide variety of sports 

 

[Tree of Knowledge 1,689]

1 hour ago, CaptainObvious1 said:

They troll this forum to cope with the election loss.

Shouldn’t we just be happy these men have found their soulmates in this mixed up world?

[thegeneral 2,877]

1 minute ago, HellToupee said:

Of course he is . An absolute beast in a wide variety of sports 

 

https://youtube.com/shorts/5x6-wi6U_04?si=JxIY6vmDFyK1gSgn

[Beaker15 233]

12 minutes ago, The Real timschochet said:

You’re correct. It’s simply my opinion. But it’s not based on guesswork. There is a reason why most economists are opposed to what Trump has done. 

But there’s another aspect of your argument that I have to take issue with: you and many others continue to believe that Trump has thought this through, that he’s making educated decisions, considering all factors, looking at long term benefits, etc. This view of Donald Trump as the sharp “art of the deal” businessman who plays 4d chess seems entrenched among his supporters; no amount of evidence will ever shake their belief in this. 

I think the reality is quite different: Trump makes arbitrary decisions on the spur of the moment based on whim, ego, fear, anger. He doesn’t look ahead, doesn’t listen to reason, doesn’t consider details, reacts quickly. This is one of the main reasons I didn’t want him as President; I don’t think he’s competent for the job at hand. 

Hard to take you seriously when you believed Joe Biden was competent for the job at hand.

[Mark Davis 338]

2 hours ago, Hawkeye21 said:

Stop overreacting on everything that happens.  I wonder how some of you make it through the day without having a nervous breakdown.

I've been looking to get some sideline money in.  I'm actually happy with today's pullback.  People need to remember turbulent markets have these wild days in either direction.  I haven't even opened any of my 401/SEP/ROTH/Taxable account pages since this began.  I just know that SP500 at 5000 or so is a pretty substantial discount should we get back to that level.  It is looking prudent to average in some here. 

Anyone who is watching their balance daily is going to have sleepless nights and feel quite a bit of unrest during any time like this, and at 50 I can name you several markets already that have been like this or worse for much longer periods than this week or so we've had. 

[Mike Honcho 5,080]

1 hour ago, The Real timschochet said:

So at the moment we still have, brand new since last week: 

125% tariff with China 

10% tariffs on all nations 

25% tariffs on all steel and aluminum 

25% tariffs on all auto imports 

These stay in place despite the pause. Anyone feeling liberated yet? 

Old news - White House clarifies tariffs on China are now at 145%