Tariff Man and his tariff plan cause market plunges

bambino's Avatar
Any semblance of the inane trade war cooling is going to goose the market after Trump tanked it with his tariffs

How much of the tariff revenue was paid by China, Bam?

Lmk when you got the number. I'll give you a number to multiply it by and if it's anything other than zero we'll be able to hard check that math. Originally Posted by HDGristle
Ask Trump. Bring your calculator!!!
HDGristle's Avatar
The de minimis exemption has expired. More of a Main Street issue than Wall Street.

But it's one that many Americans will come to understand and loathe very quickly as they realize that sourcing from American sellers doesn't mean American made. It just means that direct from China either goes away or costs more.
HDGristle's Avatar
In other news, tariffs have car manufacturers tossing their prior guidance out of windows faster than Russian oligarchs who shit talk Putin

https://www.cnbc.com/2025/05/01/auto...iff-chaos.html
HDGristle's Avatar
Gain streak snapped because Tariffman can't help but try to solve more problems with tariffs.

https://www.straitstimes.com/busines...-decision-week

In other news, folks should pay attention to the ports and what ships are and aren't coming in. Some folks are starting to see a trend
bambino's Avatar
ICYMI
India has agreed to zero tariffs on USA goods

https://t.me/c/1547070424/8492
HDGristle's Avatar
Let us know when the deal is actually done... and they aren't attacking Pakistan.

Until then, we still have no big wins on the board

Oh... that's right. Despite saying that the tariffs would lead to signed deals, Trump's backtracking now on the part where the deals need to be signed

Maybe in a couple weeks he'll claim a dog ate the deals. Sure the markete will love that
bambino's Avatar
BREAKING: Treasury Secretary Scott Bessent says he will be meeting with Chinese officials in Switzerland to begin trade talks with China.

Bessent went on Fox News to break the news.

"The world has been coming to the U.S. and China has been the missing piece. I was going to be in Switzerland to negotiate with the Swiss..."

"Turns out the Chinese team is traveling through Europe. And they will be in Switzerland, also."

"So, we will meet on Saturday and Sunday..."
HDGristle's Avatar
How's that tariffs on foreign films thing going, Bam?

Jon Voight gave Trump a doozy of a dud on that, and the markets all groaned. It's that dumb.
bambino's Avatar
“Let us know when the deal is actually done... and they aren't attacking Pakistan.”

Count on it.
HDGristle's Avatar
“Let us know when the deal is actually done... and they aren't attacking Pakistan.”

Count on it. Originally Posted by bambino
Britain and India managed to finish their deal already. What's taking Trump so long?

HDGristle's Avatar
POTUS on trade negotiations:

I could announce 50-100 deals right now because I'm the shopkeeper and I keep the store, and I know what countries are looking for, and I know what we're looking for — and I can just set those terms... everybody wants to shop here.
This guy is a moron
Devo's Avatar
  • Devo
  • 05-07-2025, 01:29 AM
Britain and India managed to finish their deal already. What's taking Trump so long?

Originally Posted by HDGristle
So.

Like India, home of Indians, Asian Indian folks, not native Americans, allegedly hit some neighboring troops.
HDGristle's Avatar
Mattel CEO confirms that Trump tariffs won't lead fo more American toy manufacturing for their products. It will make toys more expensive though. All kinds of toys, not just dolls

https://www.cnbc.com/2025/05/06/matt...p-tariffs.html
bambino's Avatar
UK has agreed to a deal. Many more to follow. The dominos will fall!

https://t.me/realKarliBonne/296175
Yssup Rider's Avatar
Trump also says he’s been in talks with China all along.

And you believe his bullshit.