Trump's Tariffs and Trade War
- Thread starter CLOUD 500
- Start date
Just hilarious, Trump caved ...
With the bond market imploding and knowing that his tariffs would soon unleash inflation, he late yesterday (classic 'Friday embarrassing news release') issued exceptions for Chinese phones, computers, semiconductors, and other electronics ... China’s biggest exports to the US!
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One of the biggest u-turns I can remember.
Maybe somebody explained to him that it might soon cost less to fly to China and buy an IPhone than buy one in the US.
Just quietly taking the L and hoping no one noticed, I guess.
And as I write this China hasn't removed any of their tariffs.
By doing this, he shows he doesn't actually plan on reindustrializing and making phones and computers in the US, or that this would lead to the “greatest resurgence of jobs in history,” as explained just days ago by his equally clownish commerce secretary.
They have no idea what they're doing.
There is no plan.
With the bond market imploding and knowing that his tariffs would soon unleash inflation, he late yesterday (classic 'Friday embarrassing news release') issued exceptions for Chinese phones, computers, semiconductors, and other electronics ... China’s biggest exports to the US!
-------------------------------------------------------------------------------
One of the biggest u-turns I can remember.
Maybe somebody explained to him that it might soon cost less to fly to China and buy an IPhone than buy one in the US.
Just quietly taking the L and hoping no one noticed, I guess.
And as I write this China hasn't removed any of their tariffs.
By doing this, he shows he doesn't actually plan on reindustrializing and making phones and computers in the US, or that this would lead to the “greatest resurgence of jobs in history,” as explained just days ago by his equally clownish commerce secretary.
They have no idea what they're doing.
There is no plan.
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Textiles, toys ... and sneakers, that's what MAGA will be manufacturing under the Dear Leader's visionary genius:
Donny Dipshit has no cards. He expected world leaders to crawl and kiss his feet like republicans. Not gonna hap.
But he wins many golf tournaments ! Why do you doubt him ?
This could be to the biggest bailout in history. Who could ever have guessed it ? Must be fake news.
www.forbes.com
Fed Official Confirms Trump Tariff Bailout Is Ready Amid $30 Trillion Market ‘Panic’ Warning
A top Federal Reserve official has said it “would absolutely be prepared" to step in to rescue markets if Trump’s trade war threatens the financial system...
www.forbes.com
"Kinda like the movie Independence Day except this time we're blowing up The White House from the inside and taking The Fifty-First State with us!"
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About TRUMP wanting Canada to become the 51th USA state, those who agree with that should read the opinion of NORMAND LESTER in today's Journal de Montreal.
He explain 8 reasons why it would be a disaster for Csnadians.
Good news this Monday morning,
The Dow Jones is down 2.69 %.
Good job business geniuses Navarro - Trump !
..and at the end of the day....it was down 2.48 ......and it's far from over....LUTNICK was saying all day the economy was great great great...sounds familiar?????....what an insane and dangerous character!!!!!!!!....and they are all over the place.
Trump just repeated that USA doesn't need Canada's Lumber and that he want all car built in USA too.
At what cost ?
I guess he has no idea !
Is there someone in his administration with at least 2 normal brain cells to talk to him ?
Oh ! I forgot that he chose them at his image !
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