Mike Honcho 5,070 Posted April 3 Partial list of things that can be expected to raise by area: The U.K. and the EU: vehicles, books, artworks, boats, perfumes, makeup, ammunition, beer and wine, pharmaceuticals (including, famously, the GLP-1 compound, which powers weight-loss drugs like Ozempic), vaccines, medical technology, and, like, so much more. Brazil, Argentina, and Colombia: ethanol, lithium, corn, coffee, sugar, machinery, construction materials, aircraft parts, fresh-cut flowers, beef, eggs, vegetable oils. Vietnam, Thailand, Malaysia, and Indonesia: electronics, footwear, clothing and apparel, rubber and leather, wood and paper, iron, furniture, musical instruments, and spices. Japan and South Korea: cars, electronics, pharmaceutical drugs, tech for photography and ophthalmology, aircraft parts, toys and games, highly valued metals like copper and gold. Saudi Arabia and Kenya: fertilizer, chemical products, clothes, fruits, and coffee. India and Australia: meat, precious metals and gemstones, pharmaceutical drugs, cheap electronics, seafood, spices, tea, clothing, carpets, and construction material for all forms of transport. Share this post Link to post Share on other sites
squistion 1,931 Posted April 3 13 minutes ago, Tebok said: MAGAs: Stock market crashes: Inflation explodes: World chaos: Slashed research to cure diseases: Recessions: Wars: Not quite sure how this qualfies exactly as WINNING. But we're deporting more illegals so maybe they think that makes it all worth it. Share this post Link to post Share on other sites
Mike Honcho 5,070 Posted April 3 25 minutes ago, Hawkeye21 said: It's still up almost 20,000 from 5 years ago. I think we'll be ok. So Thanks Biden! 2 Share this post Link to post Share on other sites
SaintsInDome2006 362 Posted April 3 15 minutes ago, Hardcore troubadour said: Yeah. This guy is on the ball. Trump is going to invoke emergency powers due to a recession. Why didn’t he do it during Covid? Part of this tariff decision is a declaration of a national economic emergency. He's already done it. Trump is using the National Emergencies Act and IEEPA to bypass Congress. Share this post Link to post Share on other sites
Hawkeye21 2,378 Posted April 3 1 minute ago, Mike Honcho said: So Thanks Biden! Sure. It's been climbing for a long time now. It's bound to correct at some point. Share this post Link to post Share on other sites
SaintsInDome2006 362 Posted April 3 5 minutes ago, Hawkeye21 said: It's been climbing for a long time now. It was climbing under Biden. 1 Share this post Link to post Share on other sites
Hawkeye21 2,378 Posted April 3 2 minutes ago, SaintsInDome2006 said: It was climbing under Biden. It's been climbing at a similar rate for 15 years now. Share this post Link to post Share on other sites
Hardcore troubadour 14,892 Posted April 3 8 minutes ago, SaintsInDome2006 said: Part of this tariff decision is a declaration of a national economic emergency. He's already done it. Trump is using the National Emergencies Act and the IEEPA to bypass Congress to levy tariffs. Chilling. I was thinking concentration camps, not tariffs that have always existed. Share this post Link to post Share on other sites
SaintsInDome2006 362 Posted April 3 2 minutes ago, Hardcore troubadour said: Chilling. I was thinking concentration camps, not tariffs that have always existed. He's declared more than one national emergency. Trump also used the IEEPA to employ the Alien Enemy Act, that is where the rounding up individuals would take place. But as were discussing earlier new camps haven't been necessary because Trump has been using state and ICE facilities in Louisiana and Texas. Share this post Link to post Share on other sites
SaintsInDome2006 362 Posted April 3 6 minutes ago, Hardcore troubadour said: not tariffs that have always existed. As for this, yes tariffs have always existed. They were a primary cause of the American Revolution and directly led to depressions in the 1890s and of course 1929. Share this post Link to post Share on other sites
iam90sbaby 2,465 Posted April 3 2 minutes ago, SaintsInDome2006 said: He's declared more than one national emergency. Trump also used the IEEPA to employ the Alien Enemy Act, that is where the rounding up individuals would take place. But as we’re discussing earlier new camps haven't been necessary because Trump has been using state and ICE facilities in Louisiana and Texas. Good. Share this post Link to post Share on other sites
SaintsInDome2006 362 Posted April 3 Just now, iam90sbaby said: Good. I get it, just answering a question. Share this post Link to post Share on other sites
Strike 5,174 Posted April 3 9 minutes ago, SaintsInDome2006 said: He's declared more than one national emergency. Trump also used the IEEPA to employ the Alien Enemy Act, that is where the rounding up individuals would take place. But as were discussing earlier new camps haven't been necessary because Trump has been using state and ICE facilities in Louisiana and Texas. If Biden hadn't been such a sh*tshow and created all these emergencies, Trump wouldn't have had to declare them to try to fix them. 4 1 Share this post Link to post Share on other sites
SaintsInDome2006 362 Posted April 3 24 minutes ago, Strike said: If Biden hadn't been such a sh*tshow and created all these emergencies, Trump wouldn't have had to declare them to try to fix them. The envy of the world - The American economy has left other rich countries in the dust. - 10/19/24 The Economist. 3 2 Share this post Link to post Share on other sites
squistion 1,931 Posted April 3 https://x.com/kylegriffin1/status/1907843234908274885 Trump's tariffs will translate into a 2.3 percentage point increase to overall inflation this year, according to new estimates from the Yale Budget Lab — or about a $3,800 impact for the average household. Share this post Link to post Share on other sites
Strike 5,174 Posted April 3 https://twitter.com/EricTrump/status/1907767778372878701 Share this post Link to post Share on other sites
SaintsInDome2006 362 Posted April 3 10 minutes ago, Strike said: https://twitter.com/EricTrump/status/1907767778372878701 NYC hotel manager has something to say - but what’s the point of negotiating a trade deal with the US. Trump has already broken the trade deals with Canada & Mexico that he himself negotiated personally. The US has simultaneously broken scores of treaties & trade agreements unilaterally. No one wants to be negotiating with us. They’ll just deal with China & Europe. Share this post Link to post Share on other sites
Strike 5,174 Posted April 3 1 minute ago, SaintsInDome2006 said: NYC hotel manager has something to say - but what’s the point if negotiating a trade deal with the US. Trump has already broken the trade deals with Canada & Mexico that he himself negotiated personally. The US has simultaneously broken scores of treaties & trade agreements unilaterally. No one wants to be negotiating with us. They’ll just deal with China & Europe. Sure they will. LOL Share this post Link to post Share on other sites
SaintsInDome2006 362 Posted April 3 Just now, Strike said: Sure they will. You’re not negotiating a deal if the person you’re negotiating with breaks deals. Share this post Link to post Share on other sites
Tree of Knowledge 1,684 Posted April 3 13 minutes ago, Strike said: https://twitter.com/EricTrump/status/1907767778372878701 The Art of the Deal Share this post Link to post Share on other sites
Tree of Knowledge 1,684 Posted April 3 29 minutes ago, squistion said: https://x.com/kylegriffin1/status/1907843234908274885 Trump's tariffs will translate into a 2.3 percentage point increase to overall inflation this year, according to new estimates from the Yale Budget Lab — or about a $3,800 impact for the average household. Thanks Kyle!!!! Share this post Link to post Share on other sites
squistion 1,931 Posted April 3 4 minutes ago, SaintsInDome2006 said: You’re not negotiating a deal if the person you’re negotiating with breaks deals. One would think that would have to be a disincentive. 1 Share this post Link to post Share on other sites
Grace Under Pressure 66 Posted April 3 The other countries aren't going to come begging. They're going to strengthen alliances with each other, like China, Japan and South Korea just announced yesterday. Always the most gullible. 2 1 Share this post Link to post Share on other sites
Horseman 2,347 Posted April 3 36 minutes ago, squistion said: https://x.com/kylegriffin1/status/1907843234908274885 Trump's tariffs will translate into a 2.3 percentage point increase to overall inflation this year, according to new estimates from the Yale Budget Lab — or about a $3,800 impact for the average household. I don't mind inflation at all as long as interest rates go up. Inflation only hurts poor people. 1 Share this post Link to post Share on other sites
Tree of Knowledge 1,684 Posted April 3 Anti-Trumper explains it for the common man. https://x.com/tonyxtwo/status/1907779787730378838?s=46&t=qE_mxMxkv7rJw3kUGURqVg Share this post Link to post Share on other sites
SaintsInDome2006 362 Posted April 3 4 minutes ago, Horseman said: I don't mind inflation at all as long as interest rates go up. Inflation only hurts poor people. Poor people, the middle class, builders, manufacturers & venture investors. Share this post Link to post Share on other sites
Horseman 2,347 Posted April 3 1 minute ago, SaintsInDome2006 said: Poor people, the middle class, builders, manufacturers & venture investors. Poor people, middle class, tomato tomauto Share this post Link to post Share on other sites
SaintsInDome2006 362 Posted April 3 Just now, Horseman said: Poor people, middle class, tomato tomauto Business owners, capital investors, manufacturers & builders are a whole other class. Tariffs go right down to the studs in any project. Share this post Link to post Share on other sites
Horseman 2,347 Posted April 3 Just now, SaintsInDome2006 said: Business owners, capital investors, manufacturers & builders are a whole other class. Tariffs go right down to the studs in any project. Awesome. Let me dumb it down for you. Inflation won't hurt me. I'd rather have high interest rates that offsets any inflation because I have a lot more money in the bank than I do spending. HTH Share this post Link to post Share on other sites
SaintsInDome2006 362 Posted April 3 2 minutes ago, Horseman said: Inflation won't hurt me. Convo's not about you, amigo. But I do worry about you as apparently you can't pull a quarterly tech index figure while you're armchairing your picks. Share this post Link to post Share on other sites
Horseman 2,347 Posted April 3 22 minutes ago, SaintsInDome2006 said: You’re not negotiating a deal if the person you’re negotiating with breaks deals. “The ministry is analysing the impact of the announced tariffs… It is a mixed bag and not a setback for India,” a senior commerce ministry official told PTI, adding that discussions with the US could lead to revisions. Australian Prime Minister Anthony Albanese said his country would negotiate with the Trump administration to remove the tariffs. U.K. Prime Minister Keir Starmer did not criticize Trump; rather, he said that the U.S. president was acting on "his mandate." However, he also said that "nothing is off the table." The prime minister assured that his government is working to make "an economic prosperity deal" with the U.S. Israeli Prime Minister Benjamin Netanyahu on Tuesday announced that his country would preemptively lift all tariffs on U.S. goods. German Finance Minister Jörg Kukies expects a "substantial adverse impact" from the new US tariffs, but he stressed that Berlin is seeking "partnership-kind negotiations" with Washington. You're not smart. Share this post Link to post Share on other sites
Horseman 2,347 Posted April 3 1 minute ago, SaintsInDome2006 said: Convo's not about you, amigo. But I do worry about you as apparently you can't pull a quarterly tech index figure while you're armchairing your picks. You responded to me idiot. And I don't work for you either, fok off. Share this post Link to post Share on other sites
SaintsInDome2006 362 Posted April 3 Just now, Horseman said: And I don't work for you either, I'm not really confident you're employable, to be frank. 1 Share this post Link to post Share on other sites
SaintsInDome2006 362 Posted April 3 21 minutes ago, Horseman said: Australian Prime Minister Anthony Albanese said his country would negotiate with the Trump administration to remove the tariffs. Quote Prime Minister Anthony Albanese responded to Trump's tariff plan on Thursday morning, saying the move was not surprising but "totally unwarranted". "The unilateral action that the Trump administration has taken today against every nation in the world does not come as a surprise. For Australia, these tariffs are not expected, but let me be clear — they are totally unwarranted," he said. "[US] President Trump referred to reciprocal tariffs. A reciprocal tariff would be zero, not 10 per cent. The administration's tariffs have no basis in logic and they go against the basis of our two nations' partnership. This is not the act of a friend." Share this post Link to post Share on other sites
Grace Under Pressure 66 Posted April 3 Dummy thinks the economy is about him personally. Never change MAGA lol. Share this post Link to post Share on other sites
Horseman 2,347 Posted April 3 1 minute ago, SaintsInDome2006 said: I'm not really confident you're employable, to be frank. Good thing it doesn't matter what a clown thinks. I'm independently wealthy and no longer work chump. I do whatever the fok I want to. Share this post Link to post Share on other sites
SaintsInDome2006 362 Posted April 3 5 minutes ago, Horseman said: German Finance Minister Jörg Kukies expects a "substantial adverse impact" from the new US tariffs, but he stressed that Berlin is seeking "partnership-kind negotiations" with Washington. Quote BERLIN (Reuters) - Germany's Finance Minister Joerg Kukies warned on Friday that U.S. tariffs would hit both the German and the U.S. economies and that Berlin was working to prevent an escalating trade war. Kukies made the statement to Reuters after meeting his U.S. counterpart, Treasury Secretary Scott Bessent, and other members of the Trump administration in Washington. The United States announced late on Wednesday 25% duties on imports of finished cars and certain components from April 3, dashing hopes for lower rates or exemptions after several short-term policy changes suggested there might be wiggle room. "Higher tariffs will hit German car manufacturers and the entire German economy particularly hard. But they will also harm the U.S. economy, because they will make imports more expensive and increase prices for consumers in the U.S.," he said. Export-oriented car companies in Europe, most notably Germany's big automakers, are heavily exposed. "At the European level, we will continue to work on measures to protect our own economy. However, it is also clear that there are only losers in a trade conflict," he added. Share this post Link to post Share on other sites
Horseman 2,347 Posted April 3 8 minutes ago, Grace Under Pressure said: Dummy thinks the economy is about him personally. Never change MAGA lol. When I said I don't mind inflation who did you and your retarded friend think I was talking about? I don't need to worry about everyone else. It's not my problem people aren't prepared and don't know what to do when the economy changes. I could recommend a few good books, just for you though. Share this post Link to post Share on other sites
SaintsInDome2006 362 Posted April 3 13 minutes ago, Horseman said: I'm independently wealthy and no longer work. It's pretty obvious you don't work. I don't think people would have much interest about politics if the issue was how do policies affect the non-working wealthy. You should buy a pub or do something fun with your money. Share this post Link to post Share on other sites
The Real timschochet 6,371 Posted April 3 15 minutes ago, Horseman said: I'm independently wealthy Second guy to brag about this in the thread. Why are most MAGA people such a$$holes? Surely it’s not a coincidence… Share this post Link to post Share on other sites