HeelYeah2012
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So did everyone survive the great stock market crash of February 3rd on Tariff Day? Anyone alive out there?
Trump / Musk (other than DOGE)
- Thread starter nycfan
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Are you aroused? Your team sucks! Winning.
BillOfRights
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Centerpiece
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Stocks tumble as Wall Street braces for impact of Trump tariffs. Here's what to know.
Dow Jones Industrial Average tumbles amid fears of trade war that could crimp profits and hurt U.S. consumers.
www.cbsnews.com
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And here's Herr Hegseth
www.nytimes.com
Motioning to the Army troops gathered nearby, he [Pete Hegseth] added, “They’re motivated to be here because they’re defending their friends, their family, their communities, their church, their schools, their loved ones, from an invasion of people whose intentions we don’t know.”
Dimwit, they're coming here because they are fleeing awful situations in their home countries, and to find employment and safety.
Defense Secretary Vows to Use Thousands of Active-Duty Troops to Secure Border
Defense Secretary Pete Hegseth and Thomas D. Homan, President Trump’s border czar, toured areas near Mexico.
Motioning to the Army troops gathered nearby, he [Pete Hegseth] added, “They’re motivated to be here because they’re defending their friends, their family, their communities, their church, their schools, their loved ones, from an invasion of people whose intentions we don’t know.”
Dimwit, they're coming here because they are fleeing awful situations in their home countries, and to find employment and safety.
No, they want the dissidents that left a tyrannical government back so they can punish them.
1moretimeagain
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How are we doing on Trump’s plan to have tariffs replace the income tax?
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China Swiftly Counters Trump’s Tariffs With a Flurry of Trade Curbs
After a 10 percent tariff on Chinese products took effect on Tuesday, China announced retaliatory measures, including tariffs and an investigation of Google.
China Strikes Back After Trump Imposes 10% Tariff on Goods
After a 10 percent tariff on Chinese products took effect on Tuesday, China announced retaliatory measures, including tariffs and an investigation of Google.
“… Mr. Trump’s 10 percent tariff on all Chinese products went into effect at 12:01 a.m. Tuesday, the result of an executive order issued over the weekend aimed at pressuring Beijing to crack down on fentanyl shipments into the United States.
The Chinese government came back with a series of retaliatory steps, including additional tariffs on coal, natural gas, farm machinery and other products from the United States. It also said it had implemented restrictions on the export of certain critical minerals, many of which are used in the production of high-tech products.
In addition, Chinese market regulators said they had launched an antimonopoly investigation into Google. Google is blocked from China’s internet, but the move may disrupt the company’s dealings with Chinese companies. …”
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Continued
“… China’s Ministry of Commerce and customs agency also announced new restrictions on exports of tungsten, tellurium, molybdenum and other metals important in industry and new technologies, citing “national security and interests.”
Mr. Trump’s executive order, signed on Saturday, also ended a popular workaround that many Chinese companies have used to send goods to the United States without paying the tariffs that the president imposed in 2018.
The provision, known as de minimis, allowed popular e-commerce companies like Shein and Temu to send billions of dollars of products from Chinese factories directly to American consumers tariff free.
… On Monday, Mr. Trump made clear that he would deploy tariffs liberally to get other governments to give him what he wants.
“I don’t want to use names, but tariffs are very powerful, both economically and in getting everything else you want,” Mr. Trump said during remarks in the Oval Office.
“When you’re the pot of gold, the tariffs are very good, they’re very powerful and they’re going to make our country very rich again.” …”
“… China’s Ministry of Commerce and customs agency also announced new restrictions on exports of tungsten, tellurium, molybdenum and other metals important in industry and new technologies, citing “national security and interests.”
Mr. Trump’s executive order, signed on Saturday, also ended a popular workaround that many Chinese companies have used to send goods to the United States without paying the tariffs that the president imposed in 2018.
The provision, known as de minimis, allowed popular e-commerce companies like Shein and Temu to send billions of dollars of products from Chinese factories directly to American consumers tariff free.
… On Monday, Mr. Trump made clear that he would deploy tariffs liberally to get other governments to give him what he wants.
“I don’t want to use names, but tariffs are very powerful, both economically and in getting everything else you want,” Mr. Trump said during remarks in the Oval Office.
“When you’re the pot of gold, the tariffs are very good, they’re very powerful and they’re going to make our country very rich again.” …”
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Useful article on the DOGE Six:
The Young, Inexperienced Engineers Aiding Elon Musk’s Government Takeover
Engineers between 19 and 24, most linked to Musk’s companies, are playing a key role as he seizes control of federal infrastructure.www.wired.com
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Threatening and alienating the Panamanian government is an interesting strategy in that case.
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Trump ally Peter Marocco behind evisceration of USAid: ‘He’s a destroyer’
Campaign ally sowed trail of enmity during first Trump presidency and allegedly was present at January 6 riot
“… Marocco’s return to USAid has not been formally announced and the department website still lists a previous director for the office of foreign assistance. Many staff only learned that Marocco had been appointed from emails and cables drafted by him ordering them to stop work.
… A former marine and conservative activist from Dallas, Marocco served short stints of just a year each at the state department, commerce department, defense department and USAid during the first Trump presidency. In 2020, a 13-page complaint by USAid staffers was placed in its dissent channel – a framework for foreign service staff to express constructive criticism – accusing Marocco of undermining and micromanaging employees in a way that “rapidly degraded” a small department focused on political transitions. Critics say he is now applying the same playbook of laborious reviews and vague directives to all of USAid.
…
Marocco was also allegedly photographed and filmed inside the Capitol building during the January 6 riots, according to volunteer activists who have posted a widely cited investigation. Marocco has not been charged with a crime. Asked about the allegation by D Magazine, Marocco did not address whether he had been at the Capitol, but described it as “petty smear tactics and desperate personal attacks”.
He joined Trump’s transition team in December as an adviser on national security personnel matters.
“Democrats and their allies in the media who think they are going to obstruct our ability to deliver on this mandate by going back to the same January 6 playbook of smears and faux outrage that was soundly rejected by the American people will be disappointed,” Trump’s press secretary, Karoline Leavitt, told Politico at the time. …”
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For the moment, China is like nah, fuck that, which is funny because Xi has always valued this sort of PR declaration of victory against China’s adversaries himself. But if Trump and Xi are running a similar playbook against each other, it makes a China tariff war appear to be more real or at least a tougher issue to resolve once engaged. And China is a lot stronger than Mexico and Canada …
ChileG
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I’m still paying about $600 more per month on my mortgage than I would without his stupid tariff talk, but I’m glad Trump saw the light yesterday.
How many businesses will lose trading partners (like our farmers did in Trump’s last administration) remains to be seen.
But don’t pretend there isn’t any costs to these pointless shenanigans, including wrecking relationships with our most important trading partners.
For example:
Trump is sowing the seeds of an anti-American alliance
By targeting allies and neighbours with tariffs, the US is playing into the hands of China
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You're humanizing them. That's unAmerican.And here's Herr Hegseth
Defense Secretary Vows to Use Thousands of Active-Duty Troops to Secure Border
Defense Secretary Pete Hegseth and Thomas D. Homan, President Trump’s border czar, toured areas near Mexico.
Motioning to the Army troops gathered nearby, he [Pete Hegseth] added, “They’re motivated to be here because they’re defending their friends, their family, their communities, their church, their schools, their loved ones, from an invasion of people whose intentions we don’t know.”
Dimwit, they're coming here because they are fleeing awful situations in their home countries, and to find employment and safety.