Tariff Man and his tariff plan cause market plunges

[bambino]

Originally Posted by HDGristle

Your concept of begging is deliciously cattywampus.

Guess that deal wasn't a deal after all and I was right

It’s your concept of reality that’s cockeyed. The deals on the Table. UK Steel is telling the government to sign it before 6/4/25. The next time your right will be the first time. Your link says it. Can you read? Run along Mr. Gristle.

[HDGristle]

You mean the agreement in principle that hasn't been finalized that Trump wanted to tout as a done deal a few weeks back.

Got it.

[bambino]

Originally Posted by HDGristle

You mean the agreement in principle that hasn't been finalized that Trump wanted to tout as a done deal a few weeks back.

Got it.

Yes, that one. And now Britain’s own steel industry is begging the government to sign it!!!! While we’re talking about the British, this classic reminds me of you trying to defend your position.


https://m.youtube.com/watch?v=UijhbH...cJCbAJAYcqIYzv

A mere flesh wound!!!!!


AHWAHAHAHAHAHAHAHAHA

[HDGristle]

One of my favorite movies. Love it.

Meanwhile the EU is prepping countermeasures for Tariffman's escalations because his feelings were hurt by the TACO memes.

https://www.cnbc.com/2025/05/31/eu-r...50percent.html

Will he back down... again?

[bambino]

Originally Posted by HDGristle

One of my favorite movies. Love it.

Meanwhile the EU is prepping countermeasures for Tariffman's escalations because his feelings were hurt by the TACO memes.

https://www.cnbc.com/2025/05/31/eu-r...50percent.html

Will be back down... again?

Mr Gristle, your posts are becoming unreadable. “Will be back down…again”? This has been happening frequently from you.

Is this like your second arm being slashed off?????? Anyways, you’ll be down to your torso and the deal will be signed. Carry on!

[Green_Mountain]

It’s been nice knowing you Canada. I’d recommend a partisan judge in the US asap.

“LATEST TRUMP TARIFFS ARE

EXTINCTION LEVEL EVENT FOR CANADIAN ALUMINUM AND STEEL

the US market for 50% of our steel and 80% of our aluminum will "essentially close over night"

[Green_Mountain]

Thank you President Trump for your tariff plan. All I see are results.

Atlanta Fed's GDPNow just hiked Q2 growth forecast from 2.2% to 3.8%. Consumer Confidence Index jumped to 98.0 in May (from 86.0 in April).

[bambino]

Originally Posted by Green_Mountain

Thank you President Trump for your tariff plan. All I see are results.

Atlanta Fed's GDPNow just hiked Q2 growth forecast from 2.2% to 3.8%. Consumer Confidence Index jumped to 98.0 in May (from 86.0 in April).

All the major economic indicators are up. The TDS crowd just can’t get over it.

[bambino]

Masterclass

China is going to eat 65% of the tariffs


https://x.com/_johnnymaga/status/192...362880237?s=42

[HDGristle]

That's not quite what the article he referenced said. Dig deeper

https://www.scmp.com/economy/china-e...6-tariff-costs

[Green_Mountain]

Oof.

I’m still waiting for those nasty tariffs to spike inflation. All I see is downward inflation data not to mention increased investment in the US.

[Green_Mountain]

Uggg. GDP forecast revised UP. Where is all the tariff doom and gloom?

“Atlanta Fed GDPNow boosts 2025 Q2 U.S. GDP growth forecast to +4.6% (from 3.8% announced on May 30th)

Drivers: Surge in consumer spending & investment rebound.

Q1 saw -0.2% GDP drag from trade, but Q2 sees rebound as imports drop”

[HDGristle]

Are those factoring in the tariff plan or the walked back from TACO Don?

We expected a Q2 jump as imports dropped after the mad dash to frontload ahead of Tantrum Day. But also for June imports to increase based on the temporary trade war walkback.

But those companies that did front load will only have so much inventory on-hand.

[Green_Mountain]

I’m not sure but I think I’ll trust the Atlanta Fed model on forecasting GDP over anything else I’ve read in this thread. +4.6% GDP is smoking.

Promise made, promise kept. Thank you President Trump.

Please proceed as you see fit with your tariff strategy.

[HDGristle]

Funny, my comments are also based on the Atlanta Fed, who state that GDPNow is not their official forecast

I note that the markets weren't fans of Tariffman's end of week injection of fear on China.

Hoping they flip back to positive before close today.