Trump tariffs: ruin U.S. economy until 2040

Anonymous
Anonymous wrote:Could Trump be charged with stock market manipulation -- if the SEC was actually independently looking at his actions?



That is exactly what this was. That is the art of the deal: manipulation. And exploitation.
Anonymous
Anonymous wrote:
Anonymous wrote:Yup



So he should get credit because he stopped burning down the economy? The dow is still well below what it was last week before he started this lunacy, and even further below where it was since Biden was president.


market is still well off its highs, our allies and trading partners still hate us and the Chinese now know that the US is at it alone.
Anonymous
Anonymous wrote:Could Trump be charged with stock market manipulation -- if the SEC was actually independently looking at his actions?



He could be, but since SCOTUS has give the president immunity, nothing would come of it.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Yup



So he should get credit because he stopped burning down the economy? The dow is still well below what it was last week before he started this lunacy, and even further below where it was since Biden was president.


market is still well off its highs, our allies and trading partners still hate us and the Chinese now know that the US is at it alone.


And people are dumping our treasuries.
Anonymous
Anonymous wrote:
Anonymous wrote:Could Trump be charged with stock market manipulation -- if the SEC was actually independently looking at his actions?



That is exactly what this was. That is the art of the deal: manipulation. And exploitation.


Either that or he’s not a fraction of the tough guy that he wants everyone to think.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Market closing up almost 3k... the art of the deal just dealt

the only people who get dealt are ordinary Americans who lost a sh*t ton of money in the stock market. Trump's inside circle knew when to dump and when to buy.


The lowest 50 percent of income earners have no stocks and could care less about the 1% elitists on here and their stock losses, especially when these same people were telling them to get injected with the since pulled from the market J&J vaccine or lose their jobs when Covid hit.


You are right that the lowest 50 percent are not as affected by stock losses, but they are affected by an economy that slows down, jobs that dry up, or prices that keep going up. All this uncertainty in the economy is not going to translate into more jobs, higher salaries, or lowered prices for the lower 50 percent of folks.


US companies are now going to be able to export more to other countries like Vietnam and Singapore because of the negotiations that Bessent is going to enter into with a lot of countries to get their 10% tariffs down. A lot of people don’t get that these countries will eat a lot of the tariffs and not pass it on to the US consumer because without the American market they are toast and places like Walmart and Costco are not going to accept foreign suppliers upping costs, period.

I don’t trust morons like Lutnick. I do trust Bessent. Look up his track record. He know what he’s doing.
Anonymous
Meanwhile pencil neck has identified the act for impeachment in 2027...

Anonymous
Anonymous wrote:Market closing up almost 3k... the art of the deal just dealt


What do you think the US gained that we didn’t have before?
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Market closing up almost 3k... the art of the deal just dealt

the only people who get dealt are ordinary Americans who lost a sh*t ton of money in the stock market. Trump's inside circle knew when to dump and when to buy.


The lowest 50 percent of income earners have no stocks and could care less about the 1% elitists on here and their stock losses, especially when these same people were telling them to get injected with the since pulled from the market J&J vaccine or lose their jobs when Covid hit.


You are right that the lowest 50 percent are not as affected by stock losses, but they are affected by an economy that slows down, jobs that dry up, or prices that keep going up. All this uncertainty in the economy is not going to translate into more jobs, higher salaries, or lowered prices for the lower 50 percent of folks.


US companies are now going to be able to export more to other countries like Vietnam and Singapore because of the negotiations that Bessent is going to enter into with a lot of countries to get their 10% tariffs down. A lot of people don’t get that these countries will eat a lot of the tariffs and not pass it on to the US consumer because without the American market they are toast and places like Walmart and Costco are not going to accept foreign suppliers upping costs, period.

I don’t trust morons like Lutnick. I do trust Bessent. Look up his track record. He know what he’s doing.


Only 10% of the US workforce works in manufacturing. Let me know when you work in a factory that is exporting to Vietnam.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Market closing up almost 3k... the art of the deal just dealt

the only people who get dealt are ordinary Americans who lost a sh*t ton of money in the stock market. Trump's inside circle knew when to dump and when to buy.


The lowest 50 percent of income earners have no stocks and could care less about the 1% elitists on here and their stock losses, especially when these same people were telling them to get injected with the since pulled from the market J&J vaccine or lose their jobs when Covid hit.


You are right that the lowest 50 percent are not as affected by stock losses, but they are affected by an economy that slows down, jobs that dry up, or prices that keep going up. All this uncertainty in the economy is not going to translate into more jobs, higher salaries, or lowered prices for the lower 50 percent of folks.


US companies are now going to be able to export more to other countries like Vietnam and Singapore because of the negotiations that Bessent is going to enter into with a lot of countries to get their 10% tariffs down. A lot of people don’t get that these countries will eat a lot of the tariffs and not pass it on to the US consumer because without the American market they are toast and places like Walmart and Costco are not going to accept foreign suppliers upping costs, period.

I don’t trust morons like Lutnick. I do trust Bessent. Look up his track record. He know what he’s doing.

? countries like Vietnam don't import a lot from the US in part because our products cost more, and their wages are low.

https://ustr.gov/countries-regions/southeast-asia-pacific/vietnam

U.S. goods exports to Vietnam in 2024 were $13.1 billion, up 32.9 percent ($3.2 billion) from 2023. U.S. goods imports from Vietnam totaled $136.6 billion in 2024,
The large gap is not all due to tariffs. We import more crap from countries like Vietnam because it's simply cheaper for them to manufacture goods than it is for us to.

So, unless American manufacture workers are willing to work for 3rd world country wages, the trade imbalance is not going to change.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Market closing up almost 3k... the art of the deal just dealt

the only people who get dealt are ordinary Americans who lost a sh*t ton of money in the stock market. Trump's inside circle knew when to dump and when to buy.


The lowest 50 percent of income earners have no stocks and could care less about the 1% elitists on here and their stock losses, especially when these same people were telling them to get injected with the since pulled from the market J&J vaccine or lose their jobs when Covid hit.


You are right that the lowest 50 percent are not as affected by stock losses, but they are affected by an economy that slows down, jobs that dry up, or prices that keep going up. All this uncertainty in the economy is not going to translate into more jobs, higher salaries, or lowered prices for the lower 50 percent of folks.


US companies are now going to be able to export more to other countries like Vietnam and Singapore because of the negotiations that Bessent is going to enter into with a lot of countries to get their 10% tariffs down. A lot of people don’t get that these countries will eat a lot of the tariffs and not pass it on to the US consumer because without the American market they are toast and places like Walmart and Costco are not going to accept foreign suppliers upping costs, period.

I don’t trust morons like Lutnick. I do trust Bessent. Look up his track record. He know what he’s doing.


Isn't Bessent responsible for some of the problems the UK had recently?
Anonymous
Anonymous wrote:Meanwhile pencil neck has identified the act for impeachment in 2027...



It was obvious.

There was a spike yesterday when the rumor first floated, but the white house was steadfast in denying it. Then, this morning, the premarket activity was incredibly bullish, particularly on QQQ and SPY calls, and whoa, what do you know, a bunch of people made a crap load of money.

Are you ok with market manipulation and insider trading?
Anonymous
Trump doesn't know what he's doing. He caved because he said people were getting "yippy" and "afraid". Basically, he bowed to the billionaires' worries.

https://www.yahoo.com/finance/news/trump-says-he-decided-on-90-day-tariff-pause-because-people-were-yippy-and-afraid-181126787.html


"They were getting a little bit yippy, a little bit afraid," he said Wednesday, referring to the market unrest that unfolded following his "Liberation Day" tariff announcement a week ago.

It was another chaotic move in Trump's ever-shifting tariff plans and came less than an hour after Treasury Secretary Scott Bessent told reporters that the president's decision had nothing to do with the turmoil in both the stock and bond markets of the past week, saying that "this was his strategy all along."


The fools don't know what they are doing, or saying.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Yup



So he should get credit because he stopped burning down the economy? The dow is still well below what it was last week before he started this lunacy, and even further below where it was since Biden was president.


market is still well off its highs, our allies and trading partners still hate us and the Chinese now know that the US is at it alone.


And people are dumping our treasuries.


China is dumping treasuries. People in other countries, as well as individual Chinese and Chinese companies are better off buying treasuries because their currency is devaluing.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Yup



So he should get credit because he stopped burning down the economy? The dow is still well below what it was last week before he started this lunacy, and even further below where it was since Biden was president.


market is still well off its highs, our allies and trading partners still hate us and the Chinese now know that the US is at it alone.


And people are dumping our treasuries.


China is dumping treasuries. People in other countries, as well as individual Chinese and Chinese companies are better off buying treasuries because their currency is devaluing.


That’s very pre-2025. You don’t seem to understand that Trump has broken the word of the United States. It will take decades for anyone to trust us again.
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