Tariff Man and his tariff plan cause market plunges

The only bite I'm concerned with in this thread is the stupidity of Tariffman making things more expensive, clouding earnings guidance and generally fucking up the retirement plans for several of my favorite people.

It also made flowers more expensive this year for a lot of mom's. Some who did without because their loved ones prioritized money elsewhere.

https://www.cnn.com/2025/05/10/busin...lowers-tariffs

Who raised those prices since so many of our flowers are imported? Well, it had a lot to do with Trump's tariffs Originally Posted by HDGristle

I don’t admire your moxy. It’s totally misplaced. Like all your threads. You’re proven wrong Every.Single.Time. You’ve become a caricature. It’s delicious to watch. But you go guy.

I'm sorry that you feel that way. Did we get to zero tariffs with anyone yet?

I'm sorry that you feel that way. Did we get to zero tariffs with anyone yet? Originally Posted by HDGristle

Did you show up at Fiores? No. No Cajones. But the deal is happening.


https://x.com/barrycunningham/status...386602600?s=42

Substantial progress isn't a signed deal. When we see it, and we see the text and all the details we can judge if all this was worth it.

If it's a good deal, the market should soar. If it's what we got with the kinda sorta UK deal we'll see a more muted bounce.

Then that buy the dip strategy will have paid off despite the unnecessary chaos. The fun part is he's made so many claims about what these are for that folks recognize the strategy is to whine, make up formulas, throw a tantrum and then pretend whatever solution, however big or small is the greatest thing since sliced bread.

That's the U.K. "agreement in principle" 100%

We also know he blinked hard when he paused to begin with. Again when China didn't pick up the phone and recently when he negotiated himself down to 80%.

He also shat all over the USMCA thar he called a great deal and proved to our allies that his word means... well... nothing

So you'll have to forgive me for not having much faith in Mount Nachismo's ability to score a lasting deal.

Substantial progress isn't a signed deal. When we see it, and we see the text and all the details we can judge if all this was worth it.

If it's a good deal, the market should soar. If it's what we got with the kinda sorta UK deal we'll see a more muted bounce.

Then that buy the dip strategy will have paid off Originally Posted by HDGristle

Such a weak response Mr Gristle. I suspect your whole gig is crashing down on you. Even you know your bullshit is bullshit. But some of us have known this. Keep flailing away Mr Gristle. Nobody cares.

How Tariffs Are Crushing Small Businesses: ‘Nobody in Power Seems to Care’

Owners are laying off staff and tapping personal savings, hoping to hold out until a trade deal with China; an $8,752 fee on a $5,649 order

The owner of a San Francisco card-game company cashed in his money-market funds. The founder of a tent maker is looking for investors. A watch and jewelry company in Colorado is holding off on signing a new office lease. And a New Hampshire consumer-product company has laid off more than half its staff.

Around the country, small businesses that import goods made in China are taking actions—big and small—to try to outlast the current 145% tariff regime on items from that country. But many are worried that their companies won’t survive.

“Nobody in power seems to care about small business,” said Scott Anderson, owner of 5 Star North, which works with Chinese manufacturers to make its products ranging from acrylic markers to tiki torches. “At this point the only option I see is selling out the rest of what we have and shutting our doors.”

Anderson now has five employees, down from 12 at the start of the year. Three are looking for jobs and Anderson expects them to leave by the end of the month. The New Hampshire company is also running low on stock and expects to be out of most items in the next few months.

https://www.wsj.com/business/entrepr...riffs-e6dfaccb

This is the reality for many Americans who have spent years building up business only to be on the brink of folding in Trump's America.

The cost increases for no legitimate reason. The lack of cash flow. Stifled demand. Uncertainty that criples decisions making. Constraints on capex due to fear and lack of funding.

Good American jobs lost as Trump flails to solve a problem he caused because he views trade deficits as being ripped off and tariffs as the cure-all with no semblance or nuance of the root cause of why many of those deficits exist and which ones are good.

trump has exactly zero leverage over China.

None. Originally Posted by tommy156

Determining which side has more (and stronger) points of leverage is a delicate, complex task. However, nobody who understands the history of US-China relations and trade patterns would claim the US has "zero" leverage.

To state the obvious - we imported $439 billion worth of goods from China in 2024. A blanket tariff of 145%, or even 85%, on Chinese goods will crimp our imports and may even bring them to a screeching halt. Already there are reports of layoffs at factories throughout China, spurring worker unrest and demonstrations in the countryside. Not something Xi wants to see.

Still want to claim the US has "zero" leverage, tommy? Originally Posted by lustylad

Still want to argue the US has "zero" leverage over China? Yes or no, tommy.

Remember, the question isn't whether we have more or less leverage than they do. The question is whether we have any. You said we have "zero" leverage. Originally Posted by lustylad

CRICKETS!!

Good American jobs lost as Trump flails to solve a problem he caused because he views trade deficits as being ripped off and tariffs as the cure-all with no semblance or nuance of the root cause of why many of those deficits exist and which ones are good. Originally Posted by HDGristle

Ok, I'll bite.

Please give us 3 examples of trade deficits that are "good" for the country and explain why they are good. In your own words.

I'm confident you can respond intelligently, since you seem to have much more appreciation of "nuance" than tommy does.

I don't take requests. Perhaps you want to look into vanilla. Or most citrus products which we must now import thanks to rampant greening.

Those should whet your appetite

I don't take requests. Originally Posted by HDGristle

My apologies. Evidently I was wrong about your understanding nuance better than tommy.

Texas Contrarian understands nuance. That's where you read about the vanilla example. Try to be more original.

Nah, great minds think alike. TexCon is a good egg.

Btw, this was funny asf, as we've seen Trump pfficials hoarding things ahead of the tariff bite

https://www.rollingstone.com/politic...fs-1235329235/

See, Bam. Futures popping with zero details or concrete data on the China talks from the U.S. side.

All because the market wants and end to Tariffman's unnecessary trade war

https://www.nbcnews.com/world/asia/s...ils-rcna206189

See, Bam. Futures popping with zero details or concrete data on the China talks from the U.S. side. Originally Posted by HDGristle

A minute ago you said if the market soared, it means it's a good deal.

Look, we know you're not a detail guy. That's why you "don't take requests" for links or receipts. That's why you shy away from substance, like tommy.

Face it, the market knows a lot more than you. Smart money can't be lazy.

Ah, Lusty. You've misread again and that's OK. Make the connections including 461 and 219. Thanks for the bump

https://www.newsweek.com/china-us-ag...0-days-2070769

This should pop the markets. The Trump admin realized they needed an off ramp and took it. They now have a delayed 90 day timeline like everyone else got and we get a significant reduction in this tariff stupidity.

Another deal in principle where Trump creates a problem, doesn't get back to where we were before he created it and will pretend we're better and he's the best when all he's doing is rolling back a chunk of his own bad policy and hoping you aren't wise to it.

Let's remember though, Trump negotiated himself down to 80%. This last 50% reduction was all Bessent. Good job Scott , don't let Tariffman fuck it up.

The delayed cave was needed but we're still far from Bam's "0% is the point" and still paying more than we were before Tantrum Day.

All this angst because a senior citizen didn't want to pick up a phone

A minute ago you said if the market soared, it means it's a good deal.

Look, we know you're not a detail guy. That's why you "don't take requests" for links or receipts. That's why you shy away from substance, like tommy.

Face it, the market knows a lot more than you. Smart money can't be lazy. Originally Posted by lustylad

He also doesn’t show up for pizza!!!! The market is up 1125 points before the opening bell!!!! I guess you can flush the OPs headline down the toilet!!!!!!!!!!!