Trump tariffs: ruin U.S. economy until 2040

[Anonymous]

So I guess all those manufacturing jobs won’t be coming back after all?

[Anonymous]

And Trump thought that somehow we would just "build factories" because of tariffs. He thought we'd just ramp up and cancel China out.

What he fails to realize is that in the last decade plus China has invested $1.9 TRILLION into manufacturing in order to get its place of export dominance, whereas Trump and the Republicans are pushing the exact opposite - austerity measures and cuts and disinvesting in infrastructure.

MAGA magical thinking.

[Anonymous]

Anonymous wrote:So I guess all those manufacturing jobs won’t be coming back after all?

Nope, but different countries buying up Trump's crypto and offering him 13 year old used planes make the difference.

[Anonymous]

Anonymous wrote:And Trump thought that somehow we would just "build factories" because of tariffs. He thought we'd just ramp up and cancel China out.

What he fails to realize is that in the last decade plus China has invested $1.9 TRILLION into manufacturing in order to get its place of export dominance, whereas Trump and the Republicans are pushing the exact opposite - austerity measures and cuts and disinvesting in infrastructure.

MAGA magical thinking.

https://theweek.com/politics/china-shock-2-0-roil-global-markets

[Anonymous]

Bookmarking this and going to come back in December. All this speculation isn’t worth anything. The shelves were supposed to be empty and the S&P was supposed to be at 3,000 according to the sky is always falling crowd on here. Gas prices and housing prices are down so the only leg of inflation left to tackle is goods / groceries. If the market is “flooded” with Chinese goods that means inflation will come down because of supply / demand and all that’s left is grocery prices. After that the Fed lowers rates and we’re at 6,500 for the S&P at the end of the year. Book it.

[Anonymous]

Anonymous wrote:Bookmarking this and going to come back in December. All this speculation isn’t worth anything. The shelves were supposed to be empty and the S&P was supposed to be at 3,000 according to the sky is always falling crowd on here. Gas prices and housing prices are down so the only leg of inflation left to tackle is goods / groceries. If the market is “flooded” with Chinese goods that means inflation will come down because of supply / demand and all that’s left is grocery prices. After that the Fed lowers rates and we’re at 6,500 for the S&P at the end of the year. Book it.

Elon: please go back to doing something harmless, like thinking about moving to Mars.

[Anonymous]

Anonymous wrote:Bookmarking this and going to come back in December. All this speculation isn’t worth anything. The shelves were supposed to be empty and the S&P was supposed to be at 3,000 according to the sky is always falling crowd on here. Gas prices and housing prices are down so the only leg of inflation left to tackle is goods / groceries. If the market is “flooded” with Chinese goods that means inflation will come down because of supply / demand and all that’s left is grocery prices. After that the Fed lowers rates and we’re at 6,500 for the S&P at the end of the year. Book it.

The shelves won't be empty because China won.

[Anonymous]

Anonymous wrote:Again, I would love for someone to be specific about how the US is in a better position now...

US consumers are the beneficiaries of a unilateral tax increase that’s the biggest in history. It’s just not as big as it was going to be a few weeks ago.

[Anonymous]

Anonymous wrote:Bookmarking this and going to come back in December. All this speculation isn’t worth anything. The shelves were supposed to be empty and the S&P was supposed to be at 3,000 according to the sky is always falling crowd on here. Gas prices and housing prices are down so the only leg of inflation left to tackle is goods / groceries. If the market is “flooded” with Chinese goods that means inflation will come down because of supply / demand and all that’s left is grocery prices. After that the Fed lowers rates and we’re at 6,500 for the S&P at the end of the year. Book it.

There is a current disruption in the supply that we will experience in a month or so, but perhaps with this pause, and the pre-stocking that took place, we may not feel it too much.

But...the damage is done. Our trade with the closest allies is damaged significantly to the extent that there are international boycotts against US products and the reliability as a trading partner is tarnished and the damage to the dollar is significant.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Bookmarking this and going to come back in December. All this speculation isn’t worth anything. The shelves were supposed to be empty and the S&P was supposed to be at 3,000 according to the sky is always falling crowd on here. Gas prices and housing prices are down so the only leg of inflation left to tackle is goods / groceries. If the market is “flooded” with Chinese goods that means inflation will come down because of supply / demand and all that’s left is grocery prices. After that the Fed lowers rates and we’re at 6,500 for the S&P at the end of the year. Book it.

There is a current disruption in the supply that we will experience in a month or so, but perhaps with this pause, and the pre-stocking that took place, we may not feel it too much.

But...the damage is done. Our trade with the closest allies is damaged significantly to the extent that there are international boycotts against US products and the reliability as a trading partner is tarnished and the damage to the dollar is significant.

Then why did the stock market react the way it did?

Everyone was predicting bare shelves now or any day now, and you’re saying it’s a month or so away.

[Anonymous]

Anonymous wrote:Bookmarking this and going to come back in December. All this speculation isn’t worth anything. The shelves were supposed to be empty and the S&P was supposed to be at 3,000 according to the sky is always falling crowd on here. Gas prices and housing prices are down so the only leg of inflation left to tackle is goods / groceries. If the market is “flooded” with Chinese goods that means inflation will come down because of supply / demand and all that’s left is grocery prices. After that the Fed lowers rates and we’re at 6,500 for the S&P at the end of the year. Book it.

You are not factoring the increased costs associated with the new tariffs which are inflationary. You are also ignoring the rising unemployment, which slows GDP.

[Anonymous]

Anonymous wrote:Bookmarking this and going to come back in December. All this speculation isn’t worth anything. The shelves were supposed to be empty and the S&P was supposed to be at 3,000 according to the sky is always falling crowd on here. Gas prices and housing prices are down so the only leg of inflation left to tackle is goods / groceries. If the market is “flooded” with Chinese goods that means inflation will come down because of supply / demand and all that’s left is grocery prices. After that the Fed lowers rates and we’re at 6,500 for the S&P at the end of the year. Book it.

Gas prices are down because the global economy is slowing based on the trade wars and reduced demand for fossil fuels because of the successes of green energy.
Housing prices are down because interest rates are so high and climbing to mitigate inflation - hence why we are expected to get stagflation, or Trumpflation.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Bookmarking this and going to come back in December. All this speculation isn’t worth anything. The shelves were supposed to be empty and the S&P was supposed to be at 3,000 according to the sky is always falling crowd on here. Gas prices and housing prices are down so the only leg of inflation left to tackle is goods / groceries. If the market is “flooded” with Chinese goods that means inflation will come down because of supply / demand and all that’s left is grocery prices. After that the Fed lowers rates and we’re at 6,500 for the S&P at the end of the year. Book it.

There is a current disruption in the supply that we will experience in a month or so, but perhaps with this pause, and the pre-stocking that took place, we may not feel it too much.

But...the damage is done. Our trade with the closest allies is damaged significantly to the extent that there are international boycotts against US products and the reliability as a trading partner is tarnished and the damage to the dollar is significant.

Then why did the stock market react the way it did?

Everyone was predicting bare shelves now or any day now, and you’re saying it’s a month or so away.

The stock reacted to Trump retracting his idiotic trade war with China. The markets were happy that Trump ended his tantrum.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Bookmarking this and going to come back in December. All this speculation isn’t worth anything. The shelves were supposed to be empty and the S&P was supposed to be at 3,000 according to the sky is always falling crowd on here. Gas prices and housing prices are down so the only leg of inflation left to tackle is goods / groceries. If the market is “flooded” with Chinese goods that means inflation will come down because of supply / demand and all that’s left is grocery prices. After that the Fed lowers rates and we’re at 6,500 for the S&P at the end of the year. Book it.

There is a current disruption in the supply that we will experience in a month or so, but perhaps with this pause, and the pre-stocking that took place, we may not feel it too much.

But...the damage is done. Our trade with the closest allies is damaged significantly to the extent that there are international boycotts against US products and the reliability as a trading partner is tarnished and the damage to the dollar is significant.

Exactly. A lot of trust and confidence in the US has been lost. AND we're paying more, for no good reason.

Trump lit the house on fire, now he's putting it out expecting to be called a hero. Anyone trying to claim this was some kind of win is a fool.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Bookmarking this and going to come back in December. All this speculation isn’t worth anything. The shelves were supposed to be empty and the S&P was supposed to be at 3,000 according to the sky is always falling crowd on here. Gas prices and housing prices are down so the only leg of inflation left to tackle is goods / groceries. If the market is “flooded” with Chinese goods that means inflation will come down because of supply / demand and all that’s left is grocery prices. After that the Fed lowers rates and we’re at 6,500 for the S&P at the end of the year. Book it.

There is a current disruption in the supply that we will experience in a month or so, but perhaps with this pause, and the pre-stocking that took place, we may not feel it too much.

But...the damage is done. Our trade with the closest allies is damaged significantly to the extent that there are international boycotts against US products and the reliability as a trading partner is tarnished and the damage to the dollar is significant.

Then why did the stock market react the way it did?

Everyone was predicting bare shelves now or any day now, and you’re saying it’s a month or so away.

1) Wall street like surety. Having a pause on tariffs implies a permanent deal down the road.
2) Market manipulation. the trades on the $SPY futures on Friday was off the charts. Someone knew this was coming and made a crap ton of money off if it.

Do you know how the markets would have been higher? If Trump hadn't started any of this and just let the Biden economy continue unfettered.