Tariff Man and his tariff plan cause market plunges

HDGristle's Avatar
https://www.indexbox.io/blog/wall-st...me-court-case/

Interesting
bambino's Avatar
Market closed at an all time high. Again!!!!!!
HDGristle's Avatar
We know. Charley best you to the news.

The ad

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

The full speech

https://www.youtube.com/watch?v=Foggkeiwlp0
HDGristle's Avatar
https://www.counterpunch.org/2025/10...rumps-tariffs/
bambino's Avatar
BREAKING: President Trump has announced an immediate 10% increase in tariffs on Canada.

@GeneralMCNews
bambino's Avatar
“I can play dirtier than they can.”

President Trump is standing by his decision to end trade negotiations with Canada over an ad made by Ontario’s government that used “selective audio” of former President Ronald Reagan.
HDGristle's Avatar
Ad and OG speech available above
txdot-guy's Avatar
BREAKING: President Trump has announced an immediate 10% increase in tariffs on Canada.

@GeneralMCNews Originally Posted by bambino
Why does Trump hate America?
bambino's Avatar
Dumb question.

Trump just put 100% tarrifs on Canadian grand slams!!!!!!!


BAHAHAHA
The_Waco_Kid's Avatar
Why does Trump hate America? Originally Posted by txdot-guy



why do you think Trump hates America? amuse me.


bahhahahaa
txdot-guy's Avatar
why do you think Trump hates America? amuse me.


bahhahahaa Originally Posted by The_Waco_Kid
Replace the word tariff with tax and that’s why? Seriously, Every time that dumb ass applies a tariff it costs american consumers in the form of taxes. It sure seems like he hates America to me.
HDGristle's Avatar
Bessent claims 100% tariffs are off the table after some recent discussions with China.

WH is working overtime to publicly frame there being progress, as it should since Trump keeps trying to up the stakes before backing off bigly
lustylad's Avatar


Here's a hint, boys. % of GDP. Why you need to widen your perspective instead of just focusing on the total value of the trade deficit.

Actually, the US trade deficit as a % of GDP peaked in 2006, not 2004. Too bad you can't explain why. Maybe you should try to widen your perspective. Hint - what happens if you strip out energy products? When did the fracking revolution set us on the road to energy independence?


Anyone care to map this against increases to the tariff schedule?

Uh, no. But please go ahead, be my guest if you have a point to make.


Can anyone point to tariff increases leading to long, sustained increases in U.S. manufacturing employment?

Why don't we flip the question?

Under GATT and the WTO, the US in the post-WW2 era steadily reduced import tariffs across the board. At the same time, US manufacturing jobs as a percent of all private jobs declined steadily from 43% in 1945 to 9% today.

Hmm... do ya thinks there could be a correlation?

https://www.reddit.com/r/EconomyChar...rom_43_of_all/


What percentage of daily forex is USD? What is the avg daily trade in USD? How does that compare to the total annual trade deficit?

Irrelevant. Only a tiny fraction of daily FX trading (roughly 1%) is related to imports and exports. But you knew that, right?


Until you have answers for those you're not even remotely ready to have real discussions about this let alone solve the trade deficit (which isn't even agreed upon as a problem) on a hooker board. Originally Posted by HDGristle

Yeah, let's just shrug it off and pretend a chronic $1.2 Trillion annual merchandise trade deficit isn't a problem for the country.


HDGristle's Avatar
Thanks, Lusty. You at least tried, but missed the mark. Appreciate the effort, though
lustylad's Avatar
The only poster consistently "missing the mark" in this thread is the one who is too timid, inarticulate and untrained in economics and international trade issues to answer simple, direct questions.