Tariff Man and his tariff plan cause market plunges

bambino's Avatar
HDGristle's Avatar
He didn’t back down. 75 countries backed down and agreed to meet and negotiate a fair deal. He doubled down on China. Which is now isolated. Trump put them in jail. They’re going have to figure out how to save face and make a deal with Trump. Trump is leading the way to global free trade. Which will lead to global peace and prosperity. It’s an historic day. As is your custom, you’re on the wrong side of history. How delicious Originally Posted by bambino
Yeah, so Trump backed down. Again
https://www.pbs.org/newshour/politic...imports-to-125

https://thehill.com/business/5240782...s-tariffs/amp/

https://www.investors.com/news/trump...-china-sp-500/

https://www.nbcnews.com/business/eco...now-rcna200463

https://www.washingtonpost.com/polit...wn-on-tariffs/

https://www.youtube.com/watch?v=EUmmzcXdfeA

https://www.youtube.com/watch?v=jGvJg2RmgJM

https://www.youtube.com/watch?v=6rAdUsP3Jgs
bambino's Avatar
Trump authorizes 90 day pause on reciprocal tariffs, for a flat 10% tariff rate across the board, because so many nations have come to the table asking for a deal!

With the exception of China, for which the tariffs have been increased to 125%.

Trump is going to give every nation around the world 90 days to make a new trade deal, under the threat of tariffs being turned back on, and he just proved he is NOT bluffing and WILL do it.

Trump just proved to the world he holds all the cards, and the days of taking advantage of the US consumer/taxpayer are now over.
HDGristle's Avatar
HDGristle's Avatar
Trump caved.

He will change his mind again.

To our international partners: California is a stable, reliable partner. We want your business
https://x.com/GavinNewsom/status/1910038116540555400
bambino's Avatar
HDGristle's Avatar
Terrified of the impact on the bond market
oldman2525's Avatar
up almost 3000 points today

hd moves to another trash talk subject i guess

keep up the threads, i enjoy the banter
HDGristle's Avatar
up almost 3000 points today

hd moves to another trash talk subject i guess

keep up the threads, i enjoy the banter Originally Posted by chizzy

I said the markets were primed for a jump until he fucked it up. Today he caved and rolled back most and we got that jump.

The same 90 day pause he promised wasn't coming, which juiced the market until he said it was fake news and which he was forced to move due to the bond market juiced the market again.

Glad your mutuals recouped some loss, my dude.
I’m still waiting for one of the MAGA guys here to back the assertion that Trump is trying to destroy the stock market. Did someone just have a nightmare or something? Lol. It’s ok to be confused.
bambino's Avatar
I’m still waiting for one of the MAGA guys here to back the assertion that Trump is trying to destroy the stock market. Did someone just have a nightmare or something? Lol. It’s ok to be confused. Originally Posted by Charley3
Are tariffs now controlling the stock market???

Who controls tariffs???

Trump
bambino's Avatar
up almost 3000 points today

hd moves to another trash talk subject i guess

keep up the threads, i enjoy the banter Originally Posted by chizzy
Is he trying to be wrong on purpose? Or is there another reason?
HDGristle's Avatar
bambino's Avatar
Yes, hello Japan and South Korea!

https://x.com/great_martis/status/19...124167499?s=42

Hey Xi, we’lll keep a light on for you.
Anyone have anything to say about the best day ever in American history yesterday?