It doesn’t make sense either because shipping through an intermediary country doesn’t change the country of origin of the goods. The HTS code would have to change for that to work which requires a significant amount of work.
The crazy thing is: this wasn't the work of some assistant. By all accounts, the Secretary of Commerce was charged not just with the information on the charts but the actual printing of them.
Valid points. But to me it's more amazing to actually witness grown adults viewing all of this and either telling themselves that it's not happening, telling themselves that it's not a big deal, or convincing themselves that it's not reality.
You simply blame the people who have their money in the market. Fox Business host defends Trump as stocks crash: "If you're at retirement age and you were fully invested in the market, why?"
When he ends with "Thank you for your attention to this matter" who is he talking to? China? His Truth Social followers?
EU offered zero for zero tariffs on industrial goods weeks ago.. watch MAGA claim hits as a victory caused by implementing the tariffs EU offered ‘zero-for-zero’ deal to US weeks before tariff announcement | European Union | The Guardian The EU has said it offered the US a “zero-for-zero” tariff deal on cars and industrial goods weeks before Donald Trump launched his trade war, but that it would not wait to defend itself. Maros Šefčovič, the EU commissioner for trade, said he had proposed zero tariffs on cars and a range of industrial goods, such as pharmaceutical products, rubber and machinery, during his first meeting with the US commerce secretary, Howard Lutnick, on 19 February. He said the EU remained open for talks, while suggesting nothing would be concluded soon: “Right now we are in the early stages of discussions, because the US view tariffs not as a tactical step, but as a corrective measure.” The European Commission president, Ursula von der Leyen, said the EU had offered “zero-for-zero tariffs for industrial goods” and that offer remained on the table.
them energy companies with billions invested in LNG arent digging it should drive cost of nat gas down here a bit when tariffs on US LNG kick in and US cant compete anymore .U.S. Natural Gas Caught Up in Tariff Maelstrom - WSJ 1455 ET – U.S. natural gas futures fall to their lowest level since mid-February as market fallout from U.S. tariffs overrides fundamental factors. The temperature outlook was little changed midday, with “decently strong” demand through Wednesday, NatGasWeather.com says in a note. Weather data added some demand since late last week, although still light for most of April 10-22, the forecaster says. “But in the end, it appears tariff wars are taking center stage and that could lead to wild daily moves this week, especially as other countries ready retaliatory tariffs against the U.S.” Nymex natural gas settles down 4.7% at $3.655/mmBtu
God help me, I am almost getting used to the stupid. Pulled up the DOW after closing and saw it closed 349 points down and my first thought was "That wasn't too bad". How crappy of a president do you have to be when being down 349 points isn't too bad of a day?
skid loves him a good strongman Trump Istanbul is going to be the best ever Turkey a big winner in Trump tariffs outcome, says Ankara US President Donald Trump's baseline tariff plays to Turkey's advantage, Turkish Vice President Cevdet Yilmaz said on April 5. The relatively low 10% baseline tariff that the US has imposed on countries including Turkey could favour Turkish exporters, Reuters also quoted Yilmaz as saying. Trump’s decision to avoid applying high levies on Turkey will open up access to the US market to Turkish exporters, according to the VP. The US has already imposed tariffs on Turkish iron, steel and aluminium. But it is the fact that Trump has introduced higher tariffs on some of Turkey's competitor-exporters that is to the advantage of some Turkish exporters, Yilmaz observed during a televised interview.
Trump has been dominated and humiliated by China. Before the ink was dry on Trump's idiotic tariffs, China had a full plan ready to take advantage of Trump's stupidity. China is prepared to be the global protector of free trade in the absence of leadership from the U.S. As such, they will make the rules for free trade with the rest of the world, while the U.S. is shut out. Trillions of U.S. dollars will be headed down the drain. From what I can see, the republican party will be in danger of being replaced by a third party as the #2 party in the nation after the mid-terms. I can't foresee any Trumpist republicans surviving the mid-term bloodbath if Trump does not eliminate these tariffs. China plans to turn Trump tariff ‘crisis into opportunity’
one of my longest holds Oil Boss Says Trump Administration Better Have a Plan Amid Rout A top executive at Diamondback Energy Inc. called on President Donald Trump’s administration to explain how the global trade war will help shale producers, a rare instance of public pushback from a US oil boss. “This administration better have a plan @SecretaryWright,” Kaes Van’t Hof, president of Diamondback, said April 6 in a post on X. He added that US shale is “the only industry that actually built itself in the US, manufactures in the US, grew jobs in the US and improved the trade deficit (and by proxy GDP) in the US over the last decade … smart move.” A spokesperson for the Energy Department didn’t immediately respond to a request for comment. Van’t Hof declined to comment beyond the X post. His comments are among the first public statements from an executive in the shale patch since Trump announced additional tariffs on countries around the world. Industry bosses delivered scathing, anonymous, opinions on the administration’s energy agenda in last month’s Federal Reserve Bank of Dallas survey. West Texas Intermediate, the US oil benchmark, has fallen more than 15% since Thursday to trade near $60 a barrel. That’s well below the $65 threshold that many companies need to profitably drill new wells in Texas and surrounding states, according to the Dallas Fed survey.
only after the current inequitable BS is addressed or at least as part of it, and it better be veto proof, that is the problem..
global crash threatening global liquidity markets? no worries, we have the best regulators at the SEC ever Report: Bosses of world's biggest banks hold talks over Trump tariffs Analysts have warned that the scale of disruption in global financial markets is one of the worst to be felt in decades. The index, which tracks the country's top 100 listed firms, dropped by about 5 percent in early trading today as a sharp sell-off kicked in shortly after markets opened. The panicked mood was felt across Europe, with Germany's Dax index recording a drop of about 6.5 percent, and France's Cac 40 down 5.3 percent this morning.
and now that we will export much less oil but still ahve to import sour to keep our refinery processes in tune the price of domestic oil will drop too. theme here crash the economy to crater demand to drop prices and then crow you beat inflation and dropped the price of gas as the repossessed cars stack up at the used car lot
simply amazing to me how one idiot can crash world economies with powers he doesn't even legally possess and the pubs in congress sit on their hands we are not under any assault that warrants emergency powers. god help us if we are because that isn't far from marshalll law. protests get ugly somewhere and a whole state comes under marshall law and it spreads from there..slippery slope we are standing on and nobody seems to talking about it Exclusive: U.S. Chamber of Commerce is considering suing the Trump administration to halt global tariff assault The largest lobbying force for corporate America is considering suing the Trump administration to block the implementation of the president's new tariffs set to go into effect Wednesday, two sources with direct knowledge of the discussions told Fortune. The U.S. Chamber of Commerce, which represents millions of U.S. businesses big and small but which is heavily funded by industry titans, has been weighing taking the tariff battle to the courts and is being urged to do so by some of its largest members. The move would effectively provide cover for companies distressed about the tariffs' impact on their businesses but fearful of incurring the President's wrath by openly criticizing his trade policy. ..................... While the exact legal argument behind the group's potential suit could not be learned, the Chamber could argue that President Trump's invocation of emergency powers to impose the new tariffs is illegal. Last week a nonprofit called New Civil Liberties Alliance took a similar approach, filing suit on behalf of a small business owner who imports goods from China, arguing that the President did not have the legal authority to impose his February tariffs on China. Trump had done so by invoking the 50-year-old Emergency Economic Powers Act (IEEPA), arguing that China had not done enough to help stem the U.S. fentanyl crisis.
Big announcement on Fox. And we thought we were losing money! Trump’s 12th week in office to be dominated by tariffs fallout, Netanyahu visit
