CFordUNC
Inconceivable Member
- Messages
- 4,378
Damn it! I’ve been had.To be fair to Trump and to prevent the spread of misinformation, that tweet is fake. He did not tweet that.
Thanks for the clarification.
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Damn it! I’ve been had.To be fair to Trump and to prevent the spread of misinformation, that tweet is fake. He did not tweet that.
Dear NYC,Trump Takes the Dumbest Tariff Plunge
He says the 25% levies on Mexico and Canada will begin Tuesday. Stocks fall.
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Opinion | Trump Takes the Dumbest Tariff Plunge
He says the 25% levies on Mexico and Canada will begin Tuesday. Stocks fall.www.wsj.com
"... President Trump likes to cite the stock market when it’s rising as a sign of his policy success, so what does he think about Monday’s plunge? The Dow Jones Industrial Average took a 650-point header after he announced that he’ll hit Mexico and Canada on Tuesday with 25% tariffs.
...We’ve courted Mr. Trump’s ire by calling the Mexico and Canada levies the “dumbest” in history, and we may have understated the point. Mr. Trump is whacking friends, not adversaries. His taxes will hit every cross-border transaction, and the North American vehicle market is so interconnected that some cars cross a border as many as eight times as they’re assembled.
Mr. Trump also objected when we reported an analysis by the Anderson Economic Group that the 25% tariff will raise the cost of a full-sized SUV assembled in North America by $9,000 and a pickup truck by $8,000. Is this how the new Republican Party plans on helping working-class voters?
Mr. Trump is volatile, and who knows how long he’ll keep the tariffs in place. Retaliation that hits certain states and businesses may also cause him to reconsider sooner than he imagines. Investors are trying to read this uncertainty as they also watch growing evidence of a slowing U.S. economy. Unbridled Tariff Man was always going to be a big economic risk in a second term, and here we are."
Doge has malignant potential. Dumbass can play with tariffs… on and off . Not true with federal projects, agencies, etc. Those have tentacles that are felt in entire communities and industries. Doge is a game of Jenga… courting economic disaster.No it's because they dont really know what's going on with doge. But when the unemployment starts to shoot up, it will resonate
That’s what this is really all about.Trump insiders shorting the market are making a fortune.
It's tempting to join them but the risk is too great for my appetite because Trump is an agent of chaos. No one outside of his corrupt inner circle knows what he's going to do day to day or even hour to hour.Trump insiders shorting the market are making a fortune.
Trump seems to enjoy turning the financial markets into a game of headline roulette.It's tempting to join them but the risk is too great for my appetite because Trump is an agent of chaos. No one outside of his corrupt inner circle knows what he's going to do day to day or even hour to hour.
I had not considered that explanation
Damn this sucks, my daughter needs a car.The dead cat MAGAt bounce yesterday did not last long. A one month delay for a few U.S. car manufacturers gives them a little more time to prepare, but even 3 months would not be enough to avoid the cluster-F Trump is creating, or avoid the auto sticker shock to consumers very soon once current inventory rolls.