Tariff Man and his tariff plan cause market plunges

[HDGristle]

Got it. You don't know.

Guess we'll wait 2 more weeks like everything else.

[bambino]

Originally Posted by HDGristle

Got it. You don't know.

Guess we'll wait 2 more weeks like everything else.

It might take a little longer. Trump is resetting global trade. And conflicts. It’s all going to work out Mr Gristle. Just relax. Hey, shouldn’t you be heading out to the cemetery? Chop Chop Mr Gristle. Quit fooling around on Eccie.

[HDGristle]

We did that at 7am, before church.

Problem for you Bam is that Trump's touted tariffs as the cure-all for every problem. One thing that it won't be doing is being a massive offset against the deficit. Not with numbers this paltry.

https://www.politico.com/interactive...ncome-tracker/

Now you may call it a win if we get back to where we were before the market flipped its shit over Tantrum Day. But real ones will understand that getting back to where we were means we're still behind where we should be.

Off to do some cooking.

[lustylad]

Originally Posted by tommy156

trump has exactly zero leverage over China.

None.

All he does is keep backing down from his idiotic threats. China's eating his lunch.

Nice, tommy. You're rooting for our adversary. Again. Not a good look.

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?

[lustylad]

Originally Posted by bambino

IT'S TOTALLY INSANE HOW SO MANY PEOPLE NEED ZERO PROOF TO BELIEVE A LIE BUT NEED ENDLESS PROOF IN ORDER TO ACCEPT THE TRUTH!

^^^ True dat.

[tommy156]

Originally Posted by lustylad

Nice, tommy. You're rooting for our adversary. Again. Not a good look.

Stating the obvious isn't "rooting for our adversary".

[tommy156]

By the way, this needing "zero proof to believe a lie" nonsense is the very lifeblood of the entire MAGA movement.

The irony couldn't be any more delicious here

[lustylad]

Originally Posted by tommy156

Stating the obvious isn't "rooting for our adversary".

Ok, let's put that one aside for the moment.

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

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.

[bambino]

JUST IN: A DEAL has been struck with the Chinese on trade after Scott Bessent's discussions...

GREER: "It's important to understand how quickly we were able to come to agreement which were that perhaps the differences were not so large as maybe thought."

"That being said, there was a lot of groundwork that went into these two days... we're confident that the deal we struck with our Chinese partners will help us to resolve, work toward resolving that national emergency."

Watch the markets explode tomorrow.

Another OP thread down the drain.


https://t.me/RealDonaldoTrumpo/29831

[bambino]

The White House report that they have reached some sort of trade agreement with China at ongoing talks in Geneva, Switzerland.

Bessent says more details to come tomorrow, but it sounds like as of now the US and China have reached a deal.

Trump-haters in absolute shambles.


BAHAHAHA

[HDGristle]

Little doubt the market will pop if there's actual progress. Fuck, they popped on the possibility of Trump calling off his bullshit earlier

That said, he still has piles of deals to make and close and they have to be good. Real good. Let's see the details and the signatures.

Don't celebrate before the paint is dry and the chicken hatch, my boy.

[bambino]

Originally Posted by HDGristle

Little doubt the market will pop if there's actual progress. Fuck, they popped on the possibility of Trump calling off his bullshit earlier

That said, he still has piles of deals to make and close and they have to be good. Real good. Let's see the details and the signatures.

Don't celebrate before the paint is dry and the chicken hatch, my boy.

It’s seems you’re begrudgingly accepting reality Mr Gristle. It’s a 12 step process. Keep your focus. Bravo!!!!!

[HDGristle]

Reality is that Tariffman still hasn't finalized a single deal while pissing away his good will with the majority of Americans.

I do recall you claiming we're here to get to zero and we were anywhere but zero with the UK so expectations remain low

[bambino]

Originally Posted by HDGristle

Reality is that Tariffman still hasn't finalized a single deal while pissing away his good will with the majority of Americans.

I do recall you claiming we're here to get to zero and we were anywhere but zero with the UK so expectations remain low

Mr Gristle, stay focused on reality while cooking. Keep fighting your severe TDS pangs. It’s only going to bite you in the end.

[HDGristle]

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