Tariffs Catch-All

  • Thread starter Thread starter BubbaOtis
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Baghdad Barbie just told us how brilliant Trump is for standing up for the American worker.
 
farce© said:
Bessent: "You might say Trump goaded China into taking a bad position."
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Or, you might say Donald Trump is the dumbest fucking idiot ever to have run a McDonald's, much less the largest and most complex economy in the history of the world, but only one of those statements would be true.
 
Notice Navarro and Lutnick were nowhere to be seen today. Bessent was carrying all the water.
 
CNBC talking head: "Trump might claim this is a victory but he didn't just flinch, he ducked."
 
lawtig02 said:
Or, you might say Donald Trump is the dumbest fucking idiot ever to have run a McDonald's, much less the largest and most complex economy in the history of the world, but only one of those statements would be true.
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No one would hire Trump to run a McDonald’s. He’s incapable of doing the job.

I doubt McDonald’s would sell him a franchise.
 
superrific said:
No, it shows that he's even more irrational. It shows conclusively that there was no plan -- not that anyone thought there was, but this proves it.

So Trump has ripped up all of our trade treaties, and now has absolutely nothing to show for it. We collected basically nothing from the one week of tariffs; we pissed off everyone across the world; and business uncertainty ramped up. For what? FOR WHAT?

The main non-tariff barrier US companies are going to be facing in the next couple of years is the resentment of other countries toward the US. These boycotts aren't going to just go away. And there are non-US companies getting free market share, which the US companies might find hard to claw back.
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Clearly, you are a simpleton who does not understand the art of the deal. Let's go to the moon MAGA!
 
HintonJamesHeel said:
Folks should use this bounce to get out. We have a loon at the top surrounded by fools. Get out!
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This is actually pretty good advice. Staying the course in terms of one's portfolio has historically been the best move, but as you say, with this loon in charge, I don't think historical trends apply. It's going to be a bumpy ride the next few years...
 
Best trading strategy (if you can call it a strategy) over the past several days would've been to buy far out of the money puts and calls at roughly the same price on the opening (or hell, just pick a time) and then immediately put in a sell order on each of them at 10x what you paid for them. One of them would've hit every day since last Wednesday (hell, some days probably both of them would've hit). I haven't looked yet but you'd probably be regretting putting in the sell order at 10x the purchase price on the calls today (imagine regretting a 1000% return in 4 hours), this kind of move probably yielded a 50x result, if not greater...
 
hedge said:
Best trading strategy (if you can call it a strategy) over the past several days would've been to buy a far out of the money put and call at roughly the same price on the opening and then immediately put in a sell order on each of them at 10x what you paid for them. One of them would've hit every day since last Wednesday (hell, some days probably both of them would've hit). I haven't looked yet but you'd probably be regretting putting in the sell order at 10x the purchase price on the call today, this kind of move probably yielded a 50x result, if not greater...
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Or, be a member of Mar-a-Lago. I'm guessing those guys made BANK over the last few days.
 
superrific said:
Did he really say that? Our position just sucks.
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"Treasury Secretary Bessent reiterated that the pause indicated that Trump cared about trade and wanted to make “bespoke” trade deals with countries that were willing to lower barriers. Bessent also arguied that Trump “goaded” China into showing that they were the “bad actors.” -NY Times
 
farce© said:
CNBC talking head: "Trump might claim this is a victory but he didn't just flinch, he ducked."
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I think I’ve posted this before on here, but my dad’s college roommate is an attorney and was across the table from Trump in a few real estate deals in the 90s. Before the 2016 election he made a Facebook post that went semi-viral saying that that Trump’s style was to start negotiations, yell a lot, then capitulate totally but still declare himself the winner. It’s been strange to watch that play out repeatedly. Also, didn’t stop my dad from becoming MAGA.
 
farce© said:
"Treasury Secretary Bessent reiterated that the pause indicated that Trump cared about trade and wanted to make “bespoke” trade deals with countries that were willing to lower barriers. Bessent also arguied that Trump “goaded” China into showing that they were the “bad actors.” -NY Times
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Bespoke trade deals? Who the fuck does he think he's fooling? Anyone who knows what a "bespoke trade deal" is supposed to mean knows already that trade deals are all bespoke, all the product of extensive and detailed negotiation, and all finely tuned.

This goading argument would in most years shockingly stupid but in 2025 it's just Wednesday.
 
nrsair said:
I think I’ve posted this before on here, but my dad’s college roommate is an attorney and was across the table from Trump in a few real estate deals in the 90s. Before the 2016 election he made a Facebook post that went semi-viral saying that that Trump’s style was to start negotiations, yell a lot, then capitulate totally but still declare himself the winner. It’s been strange to watch that play out repeatedly. Also, didn’t stop my dad from becoming MAGA.
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That's a neat punchilne.
 
hedge said:
Best trading strategy (if you can call it a strategy) over the past several days would've been to buy far out of the money puts and calls at roughly the same price on the opening (or hell, just pick a time) and then immediately put in a sell order on each of them at 10x what you paid for them. One of them would've hit every day since last Wednesday (hell, some days probably both of them would've hit). I haven't looked yet but you'd probably be regretting putting in the sell order at 10x the purchase price on the calls today (imagine regretting a 1000% return in 4 hours), this kind of move probably yielded a 50x result, if not greater...
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I wish I had this kind of knowledge.
 
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