LIBERATION DAY: USA and China agree to a 90 day pause on most new tariffs

[The Real timschochet 6,539]

59 minutes ago, The Psychic Observer said:

China retaliated again, ups our tariff to 84%.

This is a joke.  

If so it’s not funny. 

[The Psychic Observer 498]

18 minutes ago, CaptainObvious1 said:

So it’s not one person causing a trade war after all?  

Do you not understand that if Trump never started with the tariffs then China wouldn't retaliate?

[SaintsInDome2006 421]

13 hours ago, thegeneral said:

I’m sure it’s been posted already but this is wild

Economist says WH used his tariff formula incorrectly

Top notch team!

It’s an important point - Trump’s ad valorum taxes aka tariffs aren’t “reciprocal.” They’re invented from thin air.

[Fnord 2,065]

12 minutes ago, SaintsInDome2006 said:

I know someone who has a $60K 401K, & he & his wife had to take money out to put their daughter into the 1st year of LSU. There’s a lot of that in this country, they certainly didn’t deserve President Toonces.

I would greatly prefer President Toonces to the current one. Hell, at least Toonces was quiet and could drive.

[jbycho 630]

1 minute ago, Fnord said:

I would greatly prefer President Toonces to the current one. Hell, at least Toonces was quiet and could drive.

Good thing your vote was a losing vote. 

[CaptainObvious1 334]

10 minutes ago, The Psychic Observer said:

Do you not understand that if Trump never started with the tariffs then China wouldn't retaliate?

If China didn't have unfair tariffs on us, Trump never would have done anything.

[Dizkneelande 1,088]

22 minutes ago, SaintsInDome2006 said:

I know someone who has a $60K 401K, & he & his wife had to take money out to put their daughter into the 1st year of LSU. There’s a lot of that in this country, they certainly didn’t deserve President Toonces.

In 2022 - Stock Markets were down 19% for the full year. Nasdaq was down a whopping 33% for the year.S&P was down 20%. We all lost 22% of our buying power due to inflation since 2021 caused by Biden’s policies which resulted in +3% inflation for 38 straight months - the longest period since the 80s.
 

Their daughter should have went to community college. LSU was a poor decision. The other poor decision were them only having 60k in their retirement accounts but I’m sure that’s Trumps fault too. 

[jbycho 630]

7 minutes ago, CaptainObvious1 said:

If China didn't have unfair tariffs on us, Trump never would have done anything.

Shhh....Don't ever talk about other countries having higher tariffs on us than we have on them. Liberals don't care about that. They never even were aware of it. 

[jbycho 630]

2 minutes ago, Dizkneelande said:

In 2022 - Stock Markets were down 19% for the full year. Nasdaq was down a whopping 33% for the year.S&P was down 20%. We all lost 22% of our buying power due to inflation since 2021 caused by Biden’s policies which resulted in +3% inflation for 38 straight months - the longest period since the 80s.
 

Their daughter should have went to community college. LSU was a poor decision. The other poor decision were them only having 60k in their retirement accounts but I’m sure that’s Trumps fault too. 

 100% truth.

Why did they even have a kid if they are broke? That aside. Have the kid get her base courses at a community college. While she works to help pay for the tuition. 

Sounds to me like the parents feel guilty of being terrible parents. 

[SaintsInDome2006 421]

8 minutes ago, Dizkneelande said:

In 2022 - Stock Markets were down 19% for the full year. Nasdaq was down a whopping 33% for the year.S&P was down 20%. We all lost 22% of our buying power due to inflation since 2021 caused by Biden’s policies which resulted in +3% inflation for 38 straight months - the longest period since the 80s.

Over the year. After a pandemic, & the market crashed in March 2020. 

At the end of Biden, every economic indicator was the best in the world.
 

This is 1 week, and is solely caused by the whims & - I do mean whim, because every economic analysis views this policy as poison - and fiat of one person.

[Mike Honcho 5,148]

1 hour ago, The Psychic Observer said:

China retaliated again, ups our tariff to 84%.

This is a joke.  

This is going to hurt farmers a lot. Last time, they issues bailouts to farmers. If they do it again any "revenue" from tariffs(using revenue very loosely), may go right back out the door. 

[HellToupee 1,617]

32 minutes ago, Fnord said:

I would greatly prefer President Toonces to the current one. Hell, at least Toonces was quiet and could drive.

Toonces wouldn’t be allowed to drive as president 

[Sean Mooney 1,950]

13 hours ago, shadrap said:

never seen so many patriots hoping for failure or is this just reaffirming your dislike of Trump.?  6 days in on tariffs.  Doomsday.

Now if Biden would have done this?   Hurrah!   sides and all.  I understand.

 

If Biden had done this it would've been idiotic as well.

I'd imagine though many MAGA mooks here would've been losing their sh!t as well

[The Real timschochet 6,539]

104% tax on all items imported from China. 84% tax on all items imported to China. 
We’re talking about 500 billion dollars of trade a year between our two countries. 

Short term interest rates are spiking as investors are dumping their treasury bonds. Now nearly every economist is predicting a recession, whereas nobody predicted one a month ago. Oil prices are going down, but that’s hardly a good sign: it means recession. 

[HellToupee 1,617]

 

People love China and their slave labor. TDS can really warp a mind.

 

50 years ago the left fought the closure of American factories and outsourcing of union blue collar labor and today they’re making AI videos portraying those same workers as fat undignified retards who should be letting third world brown slaves do those jobs instead.

I hate you.

@slatzism

 

•  

[Mike Honcho 5,148]

43 minutes ago, Fnord said:

I would greatly prefer President Toonces to the current one. Hell, at least Toonces was quiet and could drive.

I think that's what we got right now, Trump has driven the economy off a cliff.

[jbycho 630]

2 minutes ago, Mike Honcho said:

I think that's what we got right now, Trump has driven the economy off a cliff.

Wow. Let me guess. You're doing fine financially, but everyone else is suffering. 

[Hawkeye21 2,382]

All I see is pissing and moaning.  Has anyone ever come up with a better plan?  What were the Democrats going to do better?

[Mike Honcho 5,148]

1 minute ago, Hawkeye21 said:

All I see is pissing and moaning.  Has anyone ever come up with a better plan?  What were the Democrats going to do better?

Yeah, not start a trade war is a better plan. 

[HellToupee 1,617]

What’s going to happen to all those “worker” in China when they lose their busy work at the factories? I doubt china wants to find out 

[iam90sbaby 2,503]

9 minutes ago, The Real timschochet said:

104% tax on all items imported from China. 84% tax on all items imported to China. 
We’re talking about 500 billion dollars of trade a year between our two countries. 

Short term interest rates are spiking as investors are dumping their treasury bonds. Now nearly every economist is predicting a recession, whereas nobody predicted one a month ago. Oil prices are going down, but that’s hardly a good sign: it means recession. 

Good, about time we got off the oriental tit

[Hawkeye21 2,382]

Just now, Mike Honcho said:

Yeah, not start a trade war is a better plan. 

Doing nothing was not doing any good.  That's no longer acceptable.  Dems have no plan, that's why they lost.  That's why people like me decided to put our disdain for Trump aside and vote for him.

[iam90sbaby 2,503]

Just now, HellToupee said:

What’s going to happen to all those “worker” in China when they lose their busy work at the factories? I doubt china wants to find out 

Back to the rice farms they go

[SaintsInDome2006 421]

1 minute ago, iam90sbaby said:

2 minutes ago, HellToupee said:

What’s going to happen to all those “worker” in China when they lose their busy work at the factories? I doubt china wants to find out 

Back to the rice farms they go

They’re going to sell to our former clients & business partners.

[Sean Mooney 1,950]

5 minutes ago, Hawkeye21 said:

Doing nothing was not doing any good.  That's no longer acceptable.  Dems have no plan, that's why they lost.  That's why people like me decided to put our disdain for Trump aside and vote for him.

What about Trump's plan is working well so far?

 

The economy was fine 6 months ago....not great, but fine. We had staved off a recession coming off a global pandemic. Inflation was still higher than you would want but coming down to norms.

[Mike Honcho 5,148]

6 minutes ago, Hawkeye21 said:

Doing nothing was not doing any good.  That's no longer acceptable.  Dems have no plan, that's why they lost.  That's why people like me decided to put our disdain for Trump aside and vote for him.

What's not longer acceptable, what problem is this trade war supposed to address?  

[Hawkeye21 2,382]

1 minute ago, Sean Mooney said:

What about Trump's plan is working well so far?

 

The economy was fine 6 months ago....not great, but fine. We had staved off a recession coming off a global pandemic. Inflation was still higher than you would want but coming down to norms.

He has taken action which no one has been willing to do.  Time will tell if it benefits us or not.  This not meant to be a quick fix.  I see this as a turning point for our futures.

What we were doing wasn't working.  No one was doing anything to change it.  Remember that.

[Hawkeye21 2,382]

2 minutes ago, Mike Honcho said:

What's not longer acceptable, what problem is this trade war supposed to address?  

Trade deficits.  China taking advantage of us.  Astronomical debt.  Corporations continuing to leave the US.

[Mike Honcho 5,148]

Just now, Hawkeye21 said:

He has taken action which no one has been willing to do.  Time will tell if it benefits us or not.  This not meant to be a quick fix.  I see this as a turning point for our futures.

What we were doing wasn't working.  No one was doing anything to change it.  Remember that.

What we were doing wasn't working, you mean the strongest economy in the world, low unemployment, best COVID recovery of any country.  

 

11 minutes ago, Hawkeye21 said:

Doing nothing was not doing any good.  That's no longer acceptable.  Dems have no plan, that's why they lost.  That's why people like me decided to put our disdain for Trump aside and vote for him.

And this is why I just roll my eyes at you.  You ignore how good things were going and voted for Trump---and it wasn't overcoming your disdain, it's because he had an (R), that's it. 

[The Psychic Observer 498]

17 minutes ago, Hawkeye21 said:

All I see is pissing and moaning.  Has anyone ever come up with a better plan?  What were the Democrats going to do better?

Was the economy better a year ago today?

[Sean Mooney 1,950]

1 minute ago, Hawkeye21 said:

He has taken action which no one has been willing to do.  Time will tell if it benefits us or not.  This not meant to be a quick fix.  I see this as a turning point for our futures.

What we were doing wasn't working.  No one was doing anything to change it.  Remember that.

Or...you could listen to all the evidence that points out why this was a terrible idea from the jump and just not do it.

You could have also done some of this without just throwing a few boxes of C4 into the economy. But hey- who cares if things were going fine 6 months ago, We got President Trump yelling pew pew as he fires finger guns into the air

[Hawkeye21 2,382]

Just now, Mike Honcho said:

You ignore how good things were going

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.

[thegeneral 3,004]

The Trump recession

 

[Hawkeye21 2,382]

1 minute ago, The Psychic Observer said:

Was the economy better a year ago today?

It was ok.  

[Strike 5,281]

5 minutes ago, Mike Honcho said:

And this is why I just roll my eyes at you.  You ignore how good things were going and voted for Trump---and it wasn't overcoming your disdain, it's because he had an (R), that's it. 

Holy Sh*t.  That's the funniest thing you've ever posted.  "How good things were going.". 

[The Psychic Observer 498]

Just now, 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.

There it is.

[Hawkeye21 2,382]

I've always found that our country does better as a whole after shite hits the fan.

[The Psychic Observer 498]

1 minute ago, Hawkeye21 said:

It was ok.  

It was better.  It's OK to admit that.  But at least you got those 40 transgender athletes on the bench. *golf clap*

[Hawkeye21 2,382]

Just now, The Psychic Observer said:

There it is.

Yes.  That is part of it.

[The Psychic Observer 498]

Just now, Hawkeye21 said:

I've always found that our country does better as a whole after shite hits the fan.

The cope is strong with this one.