Tariff Man and his tariff plan cause market plunges

https://www.bbc.com/news/articles/c3rvy3z3rllo

The tariffs are about fair trade, right? Why bailout farmers but not other sectors his trade war has harmed? What's fair about that?

In this case, we have the potential for the largest tax increase since 1993, which will pull thousands from our pockets as the costs are passed along while also reducing the GDP. It's simply poor policy in its conception and execution. Originally Posted by HDGristle

So a similar argument can be made about all the countries that tariff US goods. This can’t be just a Trump tariff thing for those inflicted with TDS.

Based on your logic those leaders are over taxing their citizens and negatively impacting GDP. Has to be poor policy by them.

They are a threat to democracy.

https://www.bbc.com/news/articles/c3rvy3z3rllo

The tariffs are about fair trade, right? Why bailout farmers but not other sectors his trade war has harmed? What's fair about that? Originally Posted by HDGristle

I don’t answer gotcha questions.

So a similar argument can be made about all the countries that tariff US goods. This can’t be just a Trump tariff thing for those inflicted with TDS.

Based on your logic those leaders are over taxing their citizens and negatively impacting GDP. They are a threat to democracy. Originally Posted by Green_Mountain

Thank you, GM. This is now the longest thread in Pgh Sandbox history, fulfilling a promise I made to tatasddd long ago.

The conflation you're making doesn't matter. If Trump would have avoided the IEEPA "reciprocal" tariffs and focused on specific products for specific, targeted effect as he did with the 232's, and with some semblance of nuance as to potential unintended consequences then the discussion would be different.

Alas, as previously mentioned he's using a brick to save his patient instead of a scalpel. I called out a couple of industries and sectors early on, on purpose to lay a marker because it was clearly apparent that his across the board tariffs and the use of tariffs to offset other protectionist measures, like quality standards, would lead to strategic responses.

Keep watching. You still haven't seen the full effects of the supply chain shocks. Or the tariff avoidance strategies of moving production to lower tariff countries. But you are seeing ag under pressure on multiple fronts. You're seeing small businesses reeling to absorb the increaes.

Go read the editorial If Aluminum Tariffs Work, Why Ask for Relief? in the WSJ, Oct 7th and connect the dots.

You and Tatts deserve each other.

https://x.com/juliesnark1731/status/...340072237?s=42

BAHAHAHA

You and Tatts deserve each other.

https://x.com/juliesnark1731/status/...340072237?s=42

BAHAHAHA Originally Posted by bambino

Trump actually wrote this?

Tariffs are only good if you want your Country to be Rich, Influential, and Powerful. If you want your Country to be a Third World Country, you should Vote against Tariffs!

Further proof that Trump doesn’t understand how tariffs work.

Trump actually wrote this?



Further proof that Trump doesn’t understand how tariffs work. Originally Posted by txdot-guy

You dont

https://www.benzinga.com/analyst-sto...-retail-stocks

Nice little read

Goldman Sachs put the odds of a full-blown recession at 45 percent. Torsten Slok of private equity firm Apollo, one of the most respected economists on Wall Street, went a lot further, predicting that the odds of what he termed a “voluntary trade reset recession” were 90 percent. Nobel Prize winner Paul Krugman argued that “the biggest trade shock in history” meant “a recession seems likely.”

And yet, six months on, events have not unfolded that way. The big thinkers got this one wrong — and if economics is to maintain any credibility, they need to address why that happened.

https://www.washingtonpost.com/opini...s-predictions/

Let's remember which of those were focused on Trump's OG Tantrum Day plan and 145% on China, GM.

Its easy not to see the evolution as the situation changed. But it's also easy to look at what Trump said would happen that also hasn't occurred... because those things are based on assumption that may or may not pan out and require time for those to pan out or not pan out.

We have the potential to be discussing impacts for a very long time. Not everything is going to be as immediate as stocks dropping after Trump threatening China again over rare earth's. Which spins up trade war fears. Some folks still apply the TACO principle. Some may panic. Many somewhere inbetween, but it's perfect evidence of why businesses don't feel like they can plan effectively

This is the shit that WOULD BE illegal for anyone to start yelling massive tariffs, like yelling fire in a theater. Holy shit balls; just think if it was just a ruse to get markets to move- and thus insiders buying low and then on Monday- yelling just kidding?!


Dude needs to be impeached and soon. I'm sick of his stupidity and the people who support him. Total idiots.

The Orange fucktard is playing his tariff games again. Anyone think he’s not making money on the dip!?

The people who aren’t deep thinkers would rather have China fuck everybody over and do nothing about it.

https://truthsocial.com/@realDonaldT...51840469973590

https://www.cnn.com/2025/10/10/polit...-trump-threats

For those not paying attention he's trying to tack on an additional 100% over current levels.

This was definitely not what IEEPA was intended for

For those not paying attention, this is why Trump is slapping 100% tariffs on China


China is currently imposing new export controls on rare earth minerals and has introduced retaliatory port fees on U.S. ships, escalating tensions in trade relations with the United States. These actions come in response to U.S. tariffs and are part of a broader strategy to assert control over critical resources essential for various industries.
CNBC NBC News