Tariff Man and his tariff plan cause market plunges

HDGristle's Avatar
https://prospect.org/justice/2025-10...supreme-court/

A good read on Tariffman's Tariff Tantrums. I recommend it highly
bambino's Avatar
POTUS says TARIFFS are directly responsible for ending wars.

"Without the tariffs you have wars raging all over the world. With the tariffs, other than Russia, we have no wars out there. & we made a lot of good friends as well. Tariffs are so important to our national security."
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HDGristle's Avatar
Lol, he's full of shit as usual
oldman2525's Avatar
im still waiting on how these tariffs are hurting the markets and causing gloom and doom.....................

oh no the sky is falling..........
HDGristle's Avatar
im still waiting on how these tariffs are hurting the markets and causing gloom and doom.....................

oh no the sky is falling.......... Originally Posted by oldman2525
https://taxfoundation.org/research/a...ffs-trade-war/
oldman2525's Avatar
3.8 second qtr GDP Increase

Under 3% inflation

Record high dji

Yea still waiting

And hd is still hoping.....
HDGristle's Avatar
That GDP could have been higher actually given the strong consumer spending and AI buys. Net exports dragged on it as exports fell but imports dropped bigly in a reversal of the previous quarter which saw massive imports to frontload inventory

We covered that, though. He didn't end up implementing the majority of the Tantrum Day tariffs on April 5. Just the 10% universal as he prepped for 90 deals in 90 days and ended up with less than 10.
People figured out the TACO trade.

You do recognize a fluid situation when you see one, yes? There's a mix of good and bad as we have to watch things play out, including the TACO factor. Not to mention the appeal to the Supremes. We'll see the supply impacts and tariff avoidance play out over like the next 18 months. Piles of investment and capex is on hold waiting to see some stability. Q2 25 isn't where you wanna look though. Might wanna consult the Beige Book
HDGristle's Avatar
Tariffman has conceded that his extra hundred percent tariffs on China aren't sustainable. Also claims he was forced to do it. How sad that he can't own his TACO moments

https://www.reuters.com/world/china/...le-2025-10-17/
HDGristle's Avatar
https://www.cnbc.com/2025/10/17/how-...usinesses.html

Small businesses are being crushed by Trump's tariffs, and economists say it's a warning for the economy
CNBC interviewed nearly a dozen small business owners to get a better understanding of how much tariffs are costing them and the impact the duties are having on their strategy and operations.

Many of the small businesses said they've been forced to freeze hiring, pull back growth plans, take on new financing or cut salaries to keep operations afloat.

“It's to the point now where it could kill us, it could take us down, and I could lose everything. ... Being a small business owner isn't worth it when your country turns on you," said Jared Hendricks, the CEO of Village Lighting, a small business selling Christmas products.
Unintended consequences as tariffs bit snell businesses
lustylad's Avatar
Unintended consequences as tariffs bit snell businesses Originally Posted by HDGristle
Huh? Tariffs "bit snell businesses"?

Who knew??
HDGristle's Avatar
Even if there was a tariff on spellchecking services, you work for free
lustylad's Avatar
Yeah, your sloppiness keeps me gainfully employed... and I don't add anything to the trade deficit either.