The Real timschochet 6,391 Posted April 9 The way most news outlets are presenting this, there are two guys competing for Trump’s ear right now: Scott Bessant represents Wall Street, Musk, the billionaire “globalist” group, and he’s trying to convince Trump to agree to new trade deals that would result in lower tariffs on all sides. This is the sort of result @Strikeand @Engorgeous George are anticipating, and it would be wonderful. It would very likely send the stock market back up, lead us to economic prosperity and be a political victory for Trump. It still wouldn’t resolve China but it might be enough to proclaim this a win. But the other guy is Peter Navarro. An anti-globalist conspiracy theorist with views somewhat similar to @Frozenbeernuts here (though without the anti-Semitism) he wants to reshape the world economy, and believes honestly that permanent high tariffs are the way to achieve this. He doesn’t want any deals that would end this confrontation; he wants the confrontation. He’s been saying this for 20 years. Wall Street is praying that ultimately Trump ignores Navarro and listens to Bessant. So am I. We’ll see. Share this post Link to post Share on other sites
squistion 1,944 Posted April 9 24 minutes ago, Hawkeye21 said: What's crazy is now clinics won't even test for covid anymore. The whole thing was such a joke. Oh, yes, such a joke: https://en.wikipedia.org/wiki/COVID-19_pandemic_in_the_United_States In the United States: 103,436,829 confirmed cases 1,193,165 confirmed deaths Share this post Link to post Share on other sites
Mike Honcho 5,085 Posted April 9 1 hour ago, Hawkeye21 said: I disagree. Our debt was continuing to climb. Our country has been moving further and further to the left culturally. I'm tired of the woke culture. I'm tired of the overspending. I'm tired of seeing companies move out of the country. I think people have had a false sense of security. Yeah, Tariffs will are really going to help. YouTube star MrBeast slams Trump's tariffs, says its "way cheaper" to make his products overseas From CNN's Anna Cooban and Rob North MrBeast has weighed in on US President Donald Trump’s tariff policy: it’s bad for his business. The YouTube and TikTok star, who sells a range of chocolate bars, said in a Tuesday post on X that “ironically because of all the new tariffs it is now way cheaper to make our chocolate bars (that) we sell globally NOT in America.” He added in a separate post that tariffs could be a “nail in the coffin” for small businesses. Share this post Link to post Share on other sites
CaptainObvious1 322 Posted April 9 1 hour ago, Beaker15 said: This simply isn't true. There are many economists that believe we avoid a recession. Stop the hyperbole. Tim is a confirmed liar. He's not coping well with the election at all. He's lashing out because his drywall guy he stiffs probably got deported. Share this post Link to post Share on other sites
CaptainObvious1 322 Posted April 9 18 minutes ago, The Real timschochet said: The way most news outlets are presenting this, there are two guys competing for Trump’s ear right now: Scott Bessant represents Wall Street, Musk, the billionaire “globalist” group, and he’s trying to convince Trump to agree to new trade deals that would result in lower tariffs on all sides. This is the sort of result @Strikeand @Engorgeous George are anticipating, and it would be wonderful. It would very likely send the stock market back up, lead us to economic prosperity and be a political victory for Trump. It still wouldn’t resolve China but it might be enough to proclaim this a win. But the other guy is Peter Navarro. An anti-globalist conspiracy theorist with views somewhat similar to @Frozenbeernuts here (though without the anti-Semitism) he wants to reshape the world economy, and believes honestly that permanent high tariffs are the way to achieve this. He doesn’t want any deals that would end this confrontation; he wants the confrontation. He’s been saying this for 20 years. Wall Street is praying that ultimately Trump ignores Navarro and listens to Bessant. So am I. We’ll see. This guy still following what the media tells him to because he can't think for himself no matter how many times they lie to him. Share this post Link to post Share on other sites
jbycho 580 Posted April 9 11 minutes ago, Mike Honcho said: Yeah, Tariffs will are really going to help. YouTube star MrBeast slams Trump's tariffs, says its "way cheaper" to make his products overseas From CNN's Anna Cooban and Rob North MrBeast has weighed in on US President Donald Trump’s tariff policy: it’s bad for his business. The YouTube and TikTok star, who sells a range of chocolate bars, said in a Tuesday post on X that “ironically because of all the new tariffs it is now way cheaper to make our chocolate bars (that) we sell globally NOT in America.” He added in a separate post that tariffs could be a “nail in the coffin” for small businesses. Oh no. Not Mr Beast. Share this post Link to post Share on other sites
Frozenbeernuts 2,112 Posted April 9 I have a revolutionary idea. Instead of using the democrats playbook of take take take. More taxes!! We spend less money? Share this post Link to post Share on other sites
The Real timschochet 6,391 Posted April 9 Trump: pharmaceutical tariffs coming next: https://www.bbc.com/news/articles/cedyylj1v32o.amp Share this post Link to post Share on other sites
jerryskids 6,550 Posted April 9 1 hour ago, Engorgeous George said: I was alive when only Nixon could go to China. Now, amybe I will live through Only Trump could stop trade woith China. Yesterday I took note of the vehicles on my block. Ten homes, 35 vehicles, a remarkable 3.5 vehicles per home. More than one vehicle per person. What interested me was that out of the 35 there was one Ford and one Dodge. There were multiple BMW's, Audi's and Mercedes. Plenty of Toyotas and Lexis'. A few Hyundais. No Hondas which surprised me. Two Nissans. I guess my block is a microcosm of our trade imbalance. I am part of the problem if it is a problem. Ten years ago my driveway had two Fords and a Dodge, today, a Nissan and two Hyundais I thought you lived near the edge of the grid. That seems like a posh collection of car makes for such a location. Share this post Link to post Share on other sites
jbycho 580 Posted April 9 1 hour ago, The Real timschochet said: This is is a good point. But you and @Strike and many others continue to assume that the ultimate result of these actions will be trade deals in which tariffs are lower than they are now. I hope you’re right about this. But it flies in this face of Trump’s repeated statements that he is doing this not to bring about better trade deals but instead to return manufacturing back to the USA. It also doesn’t solve China. If these tariffs hold up we are basically cutting off trade with China. Bad for them for sure but also very bad for us. There is no way our economy won’t be severely hurt by that no matter what other trade deals are achieved. We get it. You're scared. Why do you feel the need to tell everyone that every 10 minutes? Share this post Link to post Share on other sites
The Psychic Observer 495 Posted April 9 13 minutes ago, Frozenbeernuts said: I have a revolutionary idea. Instead of using the democrats playbook of take take take. More taxes!! We spend less money? Ironic since Trump imposed the largest tax hike in world history last week. Share this post Link to post Share on other sites
Sean Mooney 1,935 Posted April 9 1 hour ago, Mike Honcho said: Yeah, Tariffs will are really going to help. YouTube star MrBeast slams Trump's tariffs, says its "way cheaper" to make his products overseas From CNN's Anna Cooban and Rob North MrBeast has weighed in on US President Donald Trump’s tariff policy: it’s bad for his business. The YouTube and TikTok star, who sells a range of chocolate bars, said in a Tuesday post on X that “ironically because of all the new tariffs it is now way cheaper to make our chocolate bars (that) we sell globally NOT in America.” He added in a separate post that tariffs could be a “nail in the coffin” for small businesses. It will 100% hurt small businesses. Wal-MArt can swallow the tariffs and they already reportedly view this as a way to establish more dominance over their competitors. But the local businesses and small town main street places will be hammered by this. Share this post Link to post Share on other sites
HellToupee 1,583 Posted April 9 26 minutes ago, The Real timschochet said: Trump: pharmaceutical tariffs coming next: https://www.bbc.com/news/articles/cedyylj1v32o.amp all pharmaceuticals should be domestic Share this post Link to post Share on other sites
Gepetto 1,285 Posted April 9 4 hours ago, The Psychic Observer said: Do you not understand that if Trump never started with the tariffs then China wouldn't retaliate? The US is running a trade deficit with China - the difference between what it imports and exports - of $295bn in 2024. That's a considerable trade deficit, equivalent to around 1% of the US economy. Share this post Link to post Share on other sites
SaintsInDome2006 374 Posted April 9 2 hours ago, Horseman said: Dont worry tax breaks for the rich during budget reconciliation will even things out. Actually I'm curious about this, given the current climate I don't think the GOP will be pushing for that as they had planned, but we'll see. 1 Share this post Link to post Share on other sites
The Real timschochet 6,391 Posted April 9 48 minutes ago, jbycho said: We get it. You're scared. Why do you feel the need to tell everyone that every 10 minutes? I’m actually going to try and help you out here. It’s not my posts that annoy people; it’s your incessant, meaningless responses to them. if you think my posts are worth ignoring, then by all means ignore them. If you think they’re wrong then feel free to disagree, offer a rebuttal or counter argument. But this constant “nobody cares”, along with personal insults offers nothing of value. If you’re trying to make me feel bad, I assure you it doesn’t. It’s just annoying. Share this post Link to post Share on other sites
The Real timschochet 6,391 Posted April 9 4 minutes ago, Gepetto said: The US is running a trade deficit with China - the difference between what it imports and exports - of $295bn in 2024. That's a considerable trade deficit, equivalent to around 1% of the US economy. So what? Perhaps you can explain what nobody else has managed to do: why exactly is a trade deficit bad for us? Share this post Link to post Share on other sites
The Real timschochet 6,391 Posted April 9 Trump raising tariffs on China to 125%. 90 day pause on all other tariffs!! 1 Share this post Link to post Share on other sites
The Real timschochet 6,391 Posted April 9 So he just surrendered on the tariffs thankfully- except for China. Don’t know where that goes. Should be good for the Dow though. 1 Share this post Link to post Share on other sites
The Real timschochet 6,391 Posted April 9 I’ll take it. Share this post Link to post Share on other sites
MDC 7,113 Posted April 9 14 minutes ago, Gepetto said: The US is running a trade deficit with China - the difference between what it imports and exports - of $295bn in 2024. That's a considerable trade deficit, equivalent to around 1% of the US economy. I’m honestly stunned it isn’t far higher, considering their cheaper labor and worker protections. Share this post Link to post Share on other sites
The Real timschochet 6,391 Posted April 9 Dow up 2200 points 1 Share this post Link to post Share on other sites
SaintsInDome2006 374 Posted April 9 Just now, The Real timschochet said: So he just surrendered on the tariffs thankfully- except for China. Don’t know where that goes. Should be good for the Dow though. That's why the market paused mid-morning. Inside baseball said Trump would capitulate. Thank god. The maga shoppers will still take the brunt on the China taxes though. And manufacturers who produce in China like Musk. Share this post Link to post Share on other sites
MDC 7,113 Posted April 9 1 minute ago, The Real timschochet said: So he just surrendered on the tariffs thankfully- except for China. Don’t know where that goes. Should be good for the Dow though. That didn’t take long. Weathervane Don strikes again. 1 Share this post Link to post Share on other sites
SaintsInDome2006 374 Posted April 9 Just now, The Real timschochet said: Dow up 2200 points I laughed when I read the WSJ's ED Board's takedown of the whole thing. They have a hotline to the Oval. Share this post Link to post Share on other sites
supermike80 1,796 Posted April 9 Good gracious. This is a lot Share this post Link to post Share on other sites
Hawkeye21 2,380 Posted April 9 You guys are all certified Looney Tunes. Share this post Link to post Share on other sites
The Real timschochet 6,391 Posted April 9 Trump would make such a great World War II French general wouldn’t he? Marshall Petain would be envious. Anyhow, good stuff! 2 Share this post Link to post Share on other sites
SaintsInDome2006 374 Posted April 9 Just now, Hawkeye21 said: You guys are all certified Looney Tunes. Right, not the bouffant coiffed creamsicle octogenarian doing pirouettes in the Oval Office. Share this post Link to post Share on other sites
The Psychic Observer 495 Posted April 9 He caved! Finally! Share this post Link to post Share on other sites
Sean Mooney 1,935 Posted April 9 It does seem like Trump waffles quite a bit on everything. Share this post Link to post Share on other sites
Gepetto 1,285 Posted April 9 15 minutes ago, The Real timschochet said: So what? Perhaps you can explain what nobody else has managed to do: why exactly is a trade deficit bad for us? I have no idea. It's from here https://www.bbc.com/news/articles/c4g2089vznzo Share this post Link to post Share on other sites
Mike Honcho 5,085 Posted April 9 49 minutes ago, HellToupee said: all pharmaceuticals should be domestic Sounds great-cause we have the best prices in the world on pharmaceuticals. Share this post Link to post Share on other sites
Hawkeye21 2,380 Posted April 9 1 minute ago, SaintsInDome2006 said: Right, not the bouffant coiffed creamsicle octogenarian doing pirouettes in the Oval Office. Of course he is. I think Trump is a terrible person. 1 Share this post Link to post Share on other sites
SaintsInDome2006 374 Posted April 9 Just now, Gepetto said: I have no idea. It's from here https://www.bbc.com/news/articles/c4g2089vznzo If you want a real world example look at Brexit. That's what tariffs mean for the US (or would've before Don's inevitable collapse). Share this post Link to post Share on other sites
The Real timschochet 6,391 Posted April 9 Hopefully the 90 day pause becomes a permanent pause. Share this post Link to post Share on other sites
Strike 5,182 Posted April 9 Eric Trump is selling right before Trump announces new tariffs and buying right before Trump announces delays in tariffs. Right, libs? Share this post Link to post Share on other sites
The Psychic Observer 495 Posted April 9 Bessent is saying if you kiss Trump's ass then you get your tariff lifted. I had heard this theory. He only put these tariffs in place so the rest of the world could kiss his ass. I thought it was crazy but apparently not. Share this post Link to post Share on other sites
Mike Honcho 5,085 Posted April 9 10 minutes ago, The Real timschochet said: So he just surrendered on the tariffs thankfully- except for China. Don’t know where that goes. Should be good for the Dow though. He has no clue WTF he's doing. Share this post Link to post Share on other sites
