Working like a charm . Countries lining up to make deals as China is left alone on an island . Somebody once said tariffs are a great negotiation tool . How did those EU retaliatory measures go ?
Keep us updated on Bessent’s departure . Chuckle
Nah man just accept that Trump owned ChinaYou don't need to worry about China or products from China as long a the 145% is in effect..it's essentially a embargo, can you imagine the costs associated with reordering stock if you are a small biz or worse someone who manufacturers in China
I doubt this lasts more than a week its an economy killer...
But sure fuck China till Dear Leader decides he can declare a victory MAGA will buy...
Fucking 4D chessed those fuckers
There are gonna be coal towns in West Virginia and Western PA again
Deal with it
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Yes, people are concerned about the stock market. And I don't blame them for that. However, I believe it's a short term overreaction. I'm not a market timer, I'm a time doing it's thing person. I try to instill my patience in them. I'm pretty good at that. If they listened to me over the years, and the financial advisors I network with, they have enough cash to survive and assets not at risk to live through short term market volatility
Policies good for our country and good for American jobs will be good for the country long-term. Easy street provides short term comfort, with long term consequences
No pain, no gain
Both sides of the aisle have advocated the Policies Trump and DOGE and the whole cabinet have implemented. They never did anything, and now they're kicking and screaming because they don't want Trump to succeed.
Peter Navarro, senior counselor for trade and manufacturing to President Trump, doesn’t mince any words in regard to trade war with China :
*China has killed over a million Americans with fentanyl and other deadly drugs.
*Since 2001 China has destroyed over 60k American factories.
*Stolen over 5 million manufacturing jobs
That”s the challenge the US faces and will win with Trump’s leadership. America First
*China has killed over a million Americans with fentanyl and other deadly drugs.
*Since 2001 China has destroyed over 60k American factories.
*Stolen over 5 million manufacturing jobs
That”s the challenge the US faces and will win with Trump’s leadership. America First
You need to filter out the noises. Tariff is a tax to the consumers - you're dealing with million of competing interests. By the time it's fully implemented, many companies will be exempted from the tariff, it's similar to the IRS tax code.
First batch of exemption: smart phones, personal computers, chips, solar panel, TV's...etc. That means several Chinese companies that make computers and TV's - there are plenty at BestBuy is also off the hook from Trump tariff.
First batch of exemption: smart phones, personal computers, chips, solar panel, TV's...etc. That means several Chinese companies that make computers and TV's - there are plenty at BestBuy is also off the hook from Trump tariff.
When you know Trump is pushing all the right buttons .
The US right now is an incredibly unreliable partner to anyone in the world, and I don’t know how we are going to get back to being reliable,” Jason Furman, who chaired the Council of Economic Advisers in the Obama administration, told CNN on Thursday.
The US right now is an incredibly unreliable partner to anyone in the world, and I don’t know how we are going to get back to being reliable,” Jason Furman, who chaired the Council of Economic Advisers in the Obama administration, told CNN on Thursday.
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A great example of trying to reason with the left. They take polar opposite positions, and they think both extremes are right
The nuances of the truth always land somewhere in between, something lost on the left, their politicians and their media. But the truth doesn't mean anything the democratic leaders and their media. It's all bullshit all the time
We have a 300 billion dollar trade deficit with China
China is the source of Covid 19
China is the primary source of fentanyl
China is the world's biggest polluter
China uses child labor. China has slave wages & the worst working conditions in the world
China is a communist country that restricts travel of their citizens
Free speech in China? LMFAO
The left is so FUCKED UP, they prop up the Chinese country while the literally attack a domestic company that provides domestic jobs and leads the world in production and technology for electric vehicles. They have no idea how hypocritical they are
Then again, they support terrorist organizations that would kill them over a prosperous democratic society that would welcome them with open arms.
They support open borders and criminal immigrants over law and order
They support policies and discussions that divide us over policies that treat us all equally
And Chinese people would disappear in China if they were to attack their government the way our left attacks ours
And with that, back to my home away from home. Three days people, whew
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PS: One month ago Apple committed to investing 500 billion dollars in the USA, $ 500,000,000,000
Will that create American jobs?
Right, wrong or indifferent, does anyone think this might influence Trump when it comes to policies that impact Apple? I'm going to suggest it's undeniable that they do
The Art of the Deal
Will that create American jobs?
Right, wrong or indifferent, does anyone think this might influence Trump when it comes to policies that impact Apple? I'm going to suggest it's undeniable that they do
The Art of the Deal
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.
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.
