Tariffs Catch-All

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That's what we did at the opto-electronic contract manufacturer for which I was a co-founder.
Can you tell me more about this? I've always been curious about startups in these fields. Did you work in opto-electronic manufacturing before that? As an engineer or an executive or both? How did you raise capital to get what I assume to be expensive machinery? Were you designing the manufacturing process, or more or less implementing something off the shelf (perhaps with tweaks or innovations)? What made you decide to found a company?
 
"You seem to be disillusioned as to the Constitution having any weight at all in this moment in history. It doesn't," is a lecture. In that sentence, you are placing yourself as the authority, correcting "disillusioned" me.

If you were expressing an opinion, you would say, "I don't know if the Constitution has any weight."

You weren't aware of that provision in Article I. Why not just admit it? Instead, you decided to say that the constitution doesn't matter, which is silly and in denial about how things work even in a corrupt oligarchy, and took a condescending tone to boot. And I'm sensing a Zenmode digression from you about the meaning of the word lecture.
Most anyone reading wmheel’s post knows he was expressing an opinion.
 
Most anyone reading wmheel’s post knows he was expressing an opinion.
Yes, a dismissive one. A condescending one. There are topics about which he can condescend to me. He knows way more about UNC athletics than I do, and about what goes on behind the scenes. He's a donor and I'm not. He obviously knows more about the real estate market in North Carolina, and likely nationally, at least about the mechanical aspects. If I were to challenge him, he'd be right to lecture me. About the constitution?

Whatever. I don't care. It's just tiresome. States still can't sign free trade deals with other countries.
 

Global trade tensions fueled a wild day on Wall Street, with major indexes finishing a choppy session lower even after signs of a thaw in talks between the U.S. and Canada.

President Trump’s move to ratchet up tariffs on aluminum and steel from Canada triggered a new round of losses early in the session, sending all three major indexes lower.

Stocks regained some ground after reports that Ontario would ax a surcharge on electricity delivered to the U.S. and Trump said he would “probably” cut back the increased tariffs.
The Dow Jones Industrial Average fell 1.1%, or around 478 points, to 41433. The S&P 500 lost 0.8%, while the Nasdaq Composite ticked down 0.2%. All three indexes notched their worst two-day drop since August.

The moves came after fears that tariffs and government spending cuts will fuel a recession sparked a selloff Monday, with sliding tech shares driving the Nasdaq to its biggest one-day fall since 2022.

Katie Stockton, founder and managing partner at Fairlead Strategies, said she sees the potential for a relief rally, but that the months ahead remain uncertain. “This is more than just a brief pullback that we’re going through,” she said. …”


——

The House passing the CR through September will also call things, as will some signs of progress with Ukraine.
 

Australia will not be granted an exemption from US tariffs on aluminium and steel imports, the White House says.

US President Donald Trump had previously said he would consider excluding Australia from the 25 per cent tariffs, which take effect on Wednesday.

But White House spokeswoman Karoline Leavitt has now told the ABC:
 
They should have tested her knowledge of campaign finance laws.
LOL. Trump simply doesn't hire the brightest bulbs in the pack, and never has. I'd love to compare her knowledge of tariffs compared to that reporter or most of Trump's critics. I'm betting she will lose that battle every time.
 
Depending on their age, hope those fellas enjoy working an extra decade or so!

Most Trumpers have no choice but to work until they simply can't do it any more and their views on the economy are based on their grocery bill. They won't even know a recession exists until blue collar jobs get cut, and then they'll blame it on Biden.

I heard a George Soros quote on CNBC today about how some people say the stock market predicts the future, but in reality it creates it. And I was like yeah, with the market down this much and my wife reliant on federal funding, I've already decided the stupid money I drop on spring break every year is not going to happen this year. Everything needs to stay in the bank for now. Went to the dook game and went in Julian's, loved a $175 quarter zip with the Old Well on it, but I passed. Two months ago I would have bought it. Trump has created a screeching halt on nonessential spending by the upper middle class which will further wreck the economy. It all becomes a self-fulfilling prophecy when people are this nervous about the future.
 
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I overheard two morons (trumpers) this morning discussing the pending recession and how it's needed to "balance" things.
Did you ask what the fuck needs to be balanced?

Ignorant people believe everything their savior tells them.

Broke? Unemployed? No retirement or SS? What's it going to take to wake them up?
 
Yes, a dismissive one. A condescending one. There are topics about which he can condescend to me. He knows way more about UNC athletics than I do, and about what goes on behind the scenes. He's a donor and I'm not. He obviously knows more about the real estate market in North Carolina, and likely nationally, at least about the mechanical aspects. If I were to challenge him, he'd be right to lecture me. About the constitution?

Whatever. I don't care. It's just tiresome. States still can't sign free trade deals with other countries.
He wasn’t being dismissive or condescending.

He offered an opinion. A great many of us worry that the Constitution no longer matters.

“Whatever. I don’t care. It’s just tiresome. States still can’t sign free trade deals with other countries.”

You replied. You care.
 
It's on page 149.
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One of my swimming rivals growing up ended up being the best swimmer in the state (Top 10 national times in 10-12 events for YEARS). When we were 8 & under and 9-10, he was FAT. Not pudgy. Not chubby. Fat. He was also technically sound - great free, back, and fly strokes. His fatness slowed him down; but, he was often Top 5 in the state.

At 11, he grew…..6-8-10 inches in a year…..12-14 inches in two years……he’d joke that after the growth spurt he looked down and thought, “What’s that?”

He was great until drugs found him at 15 or 16.
 

Hello and welcome to our live coverage of the global response to Donald Trump’s new tariffs. The 25% global tariffs on steel and aluminium came into effect at midnight ET “with no exceptions or exemptions”.

The European Commission responded almost immediately, saying it would impose counter tariffs on €26bn ($28bn) worth of US goods from next month.

“We deeply regret this measure,” European Commission chief Ursula von der Leyen said in a statement about the US tariffs, as Brussels announced it would be “launching a series of countermeasures” in response to the “unjustified trade restrictions”.

Australian deputy prime minister Richard Marles said on Wednesday the lack of exemptions was “really disappointing”, calling tariffs “an act of kind of economic self-harm”. He told radio station 2GB:

We’ll be able to find other markets for our steel and our aluminium and we have been diversifying those markets.

...

Community Union: Tariffs 'hugely damaging and threaten jobs'​

Community Union, Britain’s steelworkers’ union says the tariffs are “hugely damaging” and threaten jobs – and “self-defeating” for the United States.

Alasdair McDiarmid
, Community’s assistant general secretary, said:

These US tariffs on UK steel exports are hugely damaging and they threaten jobs. For the US it’s also self-defeating, as the UK is a leading supplier of specialist steel products required by their defence and aerospace sectors.

The UK’s response must include delivering a robust Carbon Border Adjustment Mechanism (CBAM) and the strongest possible trade defence measures to shield our sector from diverted imports.

We’re incredibly disappointed that the US has decided to take this course of action, and we will continue to work with steel companies and the UK government to deliver the best possible outcome for our members and our industry.
 
Unite, the UK’s biggest union, is calling on the government to immediately designate UK-produced steel as critical national infrastructure.

Unite believes there should be strict procurement rules for public sector projects to ensure they always use UK produced steel, and that that all future major infrastructure projects should be required to use UK produced steel.

By designating steel as a critical national infrastructure, in the interests of national security, the government would not be breaking competition rules.

...

The European Commission said steel and aluminium products would be hit with tariffs in return, but also textiles, leather goods, home appliances, house tools plastics and wood. Agricultural products will also be impacted — including poultry, beef, some seafood, nuts, eggs, sugar and vegetables.

The commission’s president Ursula von der Leyen said:

We will always remain open to negotiation. We firmly believe that in a world fraught with geopolitical and economic uncertainties, it is not in our common interest to burden our economies with tariffs.
 
The renowned German classical violinist Christian Tetzlaff was blunt in explaining why he and his quartet have cancelled a summer tour of the US.

“There seems to be a quietness or denial about what’s going on,” Tetzlaff said, describing his horror at the authoritarian polices of Donald Trump and the response of US elites to the country’s growing democratic crisis.


“I feel utter anger. I cannot go on with this feeling inside. I cannot just go and play a tour of beautiful concerts.”

Tetzlaff is not alone in acting on his disquiet. A growing international move to boycott the US is spreading from Scandinavia to Canada to the UK and beyond as consumers turn against US goods.

Most prominent so far has been the rejection by European car buyers of the Teslas produced by Elon Musk, now a prominent figure in Trump’s administration as the head of the “department of government efficiency” a special group created by Trump that has contributed to the precipitous declines in Tesla’s share price. About 15% of its value was wiped out on Monday alone.

...

Figures released this week suggested the number of Canadians taking road trips to the US – representing the majority of Canadians who normally visit – had dropped by 23% compared with February 2024, according to Statistics Canada.

While Canada and Mexico have been at the frontline of Trump’s trade war, the boycott movement is visible far beyond countries whose economies have been targeted.

In Sweden, about 40,000 users have joined a Facebook group calling for a boycott of US companies – ironically including Facebook itself – which features alternatives to US consumer products.

“I’ll replace as many American goods as I can and if many do so, it will clearly affect the supply in stores,” wrote one member of the group.

In Denmark, where there has been widespread anger over Trump’s threat to bring the autonomous territory of Greenland under US control, the largest grocery company, the Salling group, has said it will tag European-made goods with a black star to allow consumers to choose them over products made in the US.

“We are making it easier to shop for European brands,” its chief executive, Anders Hagh, wrote on LinkedIn, although he said the company would still stock US products.

More striking, perhaps, is the decision by companies to cut ties with the US. Norway’s largest oil bunkering operation, the privately owned Haltbakk, recently announced a boycott of its occasional supplying of fuel to US navy ships.
 
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