Tariff Man and his tariff plan cause market plunges

[HDGristle]

https://www.indexbox.io/blog/wall-st...me-court-case/

Interesting

[bambino]

Market closed at an all time high. Again!!!!!!

[HDGristle]

We know. Charley best you to the news.

The ad



The full speech

[HDGristle]

https://www.counterpunch.org/2025/10...rumps-tariffs/

[bambino]

BREAKING: President Trump has announced an immediate 10% increase in tariffs on Canada.

@GeneralMCNews

[bambino]

“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]

Ad and OG speech available above

[txdot-guy]

Originally Posted by bambino

BREAKING: President Trump has announced an immediate 10% increase in tariffs on Canada.

@GeneralMCNews

Why does Trump hate America?

[bambino]

Dumb question.

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


BAHAHAHA

[The_Waco_Kid]

Originally Posted by txdot-guy

Why does Trump hate America?

why do you think Trump hates America? amuse me.


bahhahahaa

[txdot-guy]

Originally Posted by The_Waco_Kid

why do you think Trump hates America? amuse me.


bahhahahaa

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]

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]

Originally Posted by HDGristle

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.

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]

Thanks, Lusty. You at least tried, but missed the mark. Appreciate the effort, though

[lustylad]

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.