What should we be hoarding as the Maga universe learns how tariffs work?

[LENBO]

The Sunday morning smackdown by the Trump team begins .

Commerce Secretary Lutnick says tariff exemptions for electronics are only temporary

Lutnick said on "This Week" administration's exemptions on electronic devices from tariffs is temporary, with "semiconductor tariffs" likely come in "a month or two."

abcnews.go.com

Trump caved again !

The left .
They’re like a pack of dogs trying to catch their tails .


He continued, "So what [President Donald Trump's] doing is he's saying they're exempt from the reciprocal tariffs, but they're included in the semiconductor tariffs, which are coming in probably a month or two. So these are coming soon."

Lutnick said on "This Week" that the White House will implement "a tariff model in order to encourage" the semiconductor industry, as well as the pharmaceutical industry, to move its business to the United States.

"We can't be beholden and rely upon foreign countries for fundamental things that we need," he said. "So this is not like a permanent sort of exemption. He's just clarifying that these are not available to be negotiated away by countries. These are things that are national security that we need to be made in America.

 

[Bozzie]

You're reading something is not there in my post.

Trump marked down 20% tariff from 145% for roughly $250B - $300B China imports. Assuming China won't reduce the rate - dollar for dollar, we're looking at $150B - $200B of trade between US/China carrying a 120%+ sale tax.

Cross border trade is a complex issue, a lot of special interests are involved, it's beyond my paygrade. Let just stick to what moves the market.

It does appear pain-threshold for Trump-Bessent is 4.5% on 10-yr bond. They have to intervene when it crosses 4.50%.

10-yr at 5% is really bad. The credit market will freeze. It will complicate a lot of government financing. Uncle Sam has $9T outstanding debt that need re-finance this year.

10-yr at 5% plus - you're about to blow up the economy. Very few business have the margin of the big techs. Majority of US business has a margin between 10% - 12%. When financing cost hit 6% before overhead/production cost, forget about it. It's better just to close shop rather dealing with the headaches.

outstanding post.....

 

[LENBO]

Lol !

We urge the US to... take a big step to correct its mistakes, completely cancel the wrong practice of 'reciprocal tariffs' and return to the right path of mutual respect," a Chinese commerce ministry spokesperson said in a statement on Sunday.

 

[Avocado33]

You're reading something is not there in my post.

Trump marked down 20% tariff from 145% for roughly $250B - $300B China imports. Assuming China won't reduce the rate - dollar for dollar, we're looking at $150B - $200B of trade between US/China carrying a 120%+ sale tax.

Cross border trade is a complex issue, a lot of special interests are involved, it's beyond my paygrade. Let just stick to what moves the market.

It does appear pain-threshold for Trump-Bessent is 4.5% on 10-yr bond. They have to intervene when it crosses 4.50%.

10-yr at 5% is really bad. The credit market will freeze. It will complicate a lot of government financing. Uncle Sam has $9T outstanding debt that need re-finance this year.

10-yr at 5% plus - you're about to blow up the economy. Very few business have the margin of the big techs. Majority of US business has a margin between 10% - 12%. When financing cost hit 6% before overhead/production cost, forget about it. It's better just to close shop rather dealing with the headaches.

Bingo

 

[Willie99]

LMFAO

Closing shops? Now we're concerned about closing shops?

What do you think a 300 billion dollar trade deficit does?

What do you think trying to compete with child labor does?

What do you think one sided tariffs do?

Bad policy has closed shops alright, more shops than you can imagine. Trump is trying to level the playing field, Trump in bringing substantive investments into the country. Trump is going to create jobs

Bad policy lost those jobs.

This is what we're dealing with

 

[Willie99]

Lol !

We urge the US to... take a big step to correct its mistakes, completely cancel the wrong practice of 'reciprocal tariffs' and return to the right path of mutual respect," a Chinese commerce ministry spokesperson said in a statement on Sunday.

Too funny, they know the left got their back, they're relying on them

 

[LENBO]

Too funny, they know the left got their back, they're relying on them

Some good news .

Inflation is transitory Janet Yellen says :
An American manufacturing renaissance is a "pipe dream" that isn't even a "desirable goal."

 

[Acebb]

An American manufacturing renaissance is a "pipe dream" that isn't even a "desirable goal."

LOL

NVIDIA announces that for the first time, it will manufacture its AI supercomputers in the United States of America.

This investment will produce up to $500B of AI infrastructure.

"NVIDIA Blackwell chip production starts in Arizona — NVIDIA opens first US factories."

CEO: “Adding American manufacturing helps us better meet the incredible and growing demand for AI chips and supercomputers, strengthens our supply chain and boosts our resiliency."

 

[Acebb]

The commentary by bozo on this topic is just cartoonishly dumb. It is what you would expect from someone who thinks "experts" know what they are talking about.

Of course bozo is in a panic of price increases because of his low income. He's already complained about the price of gasoline and how much airline tickets cost.

Sad!

 

[Bozzie]

China halts rear earth minerals and magnet exports to the US ....this will get interesting.
Threatening to choke off supplies of components central to automakers, aerospace manufacturers, semiconductor companies and military contractors

China has 90% of the capably world wide producing these compounds

 

[LENBO]

National Economic Council Director Kevin Hassett: "In the 15 years after China entered the WTO, real wages went down — so wages went down by more than prices as we thought these cheap goods were going to revolutionize America. In fact, it was the opposite.

 

[Bozzie]

NOW walking back auto tariffs ....he's a weakling who never had a decent plan.

"Trump’s comments come roughly a week and a half after he implemented automotive tariffs on imported vehicles of 25% on April 3".


rolling.

 

[Acebb]

The incoherence is just tremendous.

 

[LENBO]

NOW walking back auto tariffs ....he's a weakling who never had a decent plan.

"Trump’s comments come roughly a week and a half after he implemented automotive tariffs on imported vehicles of 25% on April 3".


rolling.

What’s gonna be the excuse when deals with other countries are completed ? He bullied them ?

 

[festeringZit]

NOW walking back auto tariffs ....he's a weakling who never had a decent plan.

"Trump’s comments come roughly a week and a half after he implemented automotive tariffs on imported vehicles of 25% on April 3".


rolling.

Trump is a weakling?

You gotta be the dumbest fuck to ever post in here.

 

[Bozzie]

Trump is a weakling?

You gotta be the dumbest fuck to ever post in here.

I know MAGA rule one , No insulting Dear Leader.

wonder what he'll walk back next on Liberation 1/2 day

So sorry cultist

 

[Bozzie]

“NOBODY is ‘getting off the hook” a confusing update to an announcement that the US would exempt smartphones and consumer electronics from tariffs although that exemption was itself a change from last week’s policy announcing a ridiculous 145 % “reciprocal” tariffs on ALL goods from China....just a little increase to rates announced a few days earlier.
Get it?, he's a bumbling clown...

 

[LENBO]

“NOBODY is ‘getting off the hook” a confusing update to an announcement that the US would exempt smartphones and consumer electronics from tariffs although that exemption was itself a change from last week’s policy announcing a ridiculous 145 % “reciprocal” tariffs on ALL goods from China....just a little increase to rates announced a few days earlier.
Get it?, he's a bumbling clown...

Xi on a SE Asia tour looking for help to tame the bully and 70+ countries looking to make deals.

Not bad for a bumbling clown .

 

[Bozzie]

Xi on a SE Asia tour looking for help to tame the bully and 70+ countries looking to make deals.

Not bad for a bumbling clown .

I'll let you know if you ever say anything remotely interesting....witty repartee might not be your thing
Sorry, nothing lately..mostly zeros LezBob

 

[LENBO]

I'll let you know if you ever say anything remotely interesting....witty repartee might not be your thing
Sorry, nothing lately..mostly zeros LezBob

You certainly have a knack of starting threads that end up in flames . This one won’t be any different .

Sorry I can’t compete with your paid subscriptions to those liberals rags to offer anything of interest .