Happy Tariff Tuesday!

I don't know. Trump campaigned on "Tariffs will solve everything" and I think he wants to do it, even if people around him are telling him it will do harm than good. Given the people he selected this time, he might not have anyone around him telling him that, though. I think he just wants to do it for a while, and if things get real bad, he'll claim he won and was right all along and everything is better now, and go back to business as usual.

But the longer it goes on, the harder it is walk back. If this does hurt the economy, we will see lay offs, and lay offs snowball into more consumer weakness, which means more lay offs. We will probably see inflation based on the tariffs alone, and the Fed will be in a position where they want to raise rates to fight inflation, AND perhaps want to cut rates to aid the economy. I think that is called Stagflation. Inflation and a bad economy together means the FED doesn't have the tools to fight either effectively. So let's hope Trump accidentally hired an advisor who will be honest with him.

 

the fact that MAGA will completely ignore reality because he tells them to..can't make it up C_U_L_T

 

just relax and enjoy it

same thing he tells his assault victims

same thing he was trying to tell Zelenski

 

Oh look, I was just posting about this having the smell of stagflation and I see CNBC put up an article about that today. Trump is on his way to being the Jimmy Carter to a whole new generation.

That dual threat of higher prices and slower growth is causing angst among consumers, business leaders and policymakers, not to mention investors who have been dumping stocks and scooping up bonds lately.

"Directionally, it is stagflation," said Mark Zandi, chief economist at Moody's Analytics. "It's higher inflation and weaker economic growth that is the result of policy — tariff policy and immigration policy."

Stagflation fears bubble up as Trump tariffs take effect and the economy slows

 

When Trump said he would bring prices back down to pre pandemic levels, he was referring to stock prices

 

been saying it for a minute

weaken our intelligence services and domestic defenses (CIA / FBI). Piss off people around the planet (gaza, eliminate usaid, cut off ukraine) and wait for terror attack to happen. If not, false flag one to justify martial law.

put key people in charge, put the fear of retribution into the rest of them.

hope people don't have the spine to tell the cult leader no

 

what does a global recession do to earnings growth?

what does regulatory and tax structure uncertainty do to investment and ROI?

 

wait. maybe it is 5D chess. When people have to resort to eating cats & dogs, he can do the told you so dance.

 

patriotic even

 

likely until his money managers tell him they have maximized the short, time to lift the tariffs and ride the wave back up again. rinse repeat. I have no reason to believe that they are not using foreign policy and tax initiatives to manipulate the market to their advantage. There is no grift that they will not play. Who is going to investigate? The SEC? lol

 

This. Wonder if anyone's auditing Jared's options trades.

 

Rightwing media knows who the culprit is here ...



Real America's Voice banner on Trump's tariffs: "Trudeau triggers trade war"

 

"news" from the Upside Down

 

Wow you think the globe goes into recession? If so then sell everything and pray you are right and can buy back in lower. I’m not Nostradamus so I don’t know what will occur but I’d bet against a global recession.

With regards to regulatory and tax uncertainty I don’t see how companies here can be concerned about that under this administration. Don’t see increased regulations and/or taxes on corporations under this regime.

 

sold 70% about three weeks ago. still holding onto nvidia and some related AI biotechs. wishing I would have bought European defense stocks. got a low cost index for that? wait until they hit boeing with tariffs. airbus is going to da moon baby

what happens when global supply lines get interrupted? did Nostradamus do one on that queery

 

uncertainty of any kind prevents investment. not only long term but short term as it drives up cost to borrow.

taxes, gubmnt expenditures, economy slowdown, tariffs, immigration roundups, budget shutdown of gubmnt, pending constitutional crisis of ignoring judicial orders..all uncertainty that will cripple gdp..growth, you better hope for break even at this point. jmo

 

Of course, Trudeau triggered the trade war. Ukraine started the actual war. Biden started the war on chickens. It's all so self-evident.

 

more magats soon to be regretting their choices along with the rest of us

Auto Association president says plants 'will close within a week' thanks to Trump tariffs

Trump's tariffs on Canada, Mexico and Mainline China will, according to economists, make a wide range of goods more expensive — from electronics to cars. And according to Flavio Volpe, president of the Automotive Parts Manufacturers' Association, assembly plants in both Ontario, Canada and the midwestern United States may close because of the U.S. president's tariff policy.

In an interview with Canada's CTV News, Volpe warned, "If those tariffs come in on cars, what we learned in 2020 — when the pandemic hit and in 2022 when the Ambassador Bridge was closed — is you can't make the cars without all the parts. So, if you are making six or seven per cent (profit) and your customer says you have to pay a 25 per cent surtax on what you are shipping, you are not going to ship. And if you don't ship it, there isn't an alternative."

Volpe continued, "(Manufacturers) can't go buy a crank shaft or car seats at a Walmart. So, the industry, like it did in those first two incidents, will close within a week and that includes Ontario and Michigan all the way down to Kentucky, Alabama and Texas."

 

Tariffs are fast easy and fair, so says he.

I hear DeSantis is going to start taxing imports from Jersey.