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SaltyNZ
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  #3362227 9-Apr-2025 09:16
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tdgeek:

 

104% tariff now on China. Good luck shopping at Walmart, Best Buy, Home Depot etc

 

 

 

 

US Civil War II Electric Boogaloo - now with tanks & nukes vs. lardarses with cheap AR-15s - coming right up!





iPad Pro 11" + iPhone 15 Pro Max + 2degrees 4tw!

 

These comments are my own and do not represent the opinions of 2degrees.


Sideface
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  #3362231 9-Apr-2025 09:33
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Markets Slide Again as U.S. Plans to Move Ahead With More China Tariffs

 



New York Times

 

 

 

 

Reuters





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ezbee
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  #3362240 9-Apr-2025 10:46
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Huge ships stuffed with stuff already bought is changing 'landed' price dramatically on the fly.
Having been on the importing side of business, what a xx$%X nightmare.

 

China will respond, its like a slow motion auction. 
Who needs who more than who. Who can outwait who. Who can outwit who.

 

New TV reality show for MAGA, Survivor USA - China.

 

Trump the liar and idiot has surrounded himself with loyal liars and idiots, 
to make sure he does not get sound advice. So outwitting off the table. :- )

 

Hmmm about half of Teslas use LiFePo4 batteries, wonder where they come from ?
Cameras and subassemblies for FSD ?
Taiwan is getting heavily thumped too, the Ai Chips.
Canadian Aluminum and Nickel ? 

 

Americans can still watch FOX TV in all its bigliest screen glory with limited tariff impact.
Everyone manufactures (assembles) in Mexico. TCL, Hisense, Viso, Samsung, Sony(Bravia)

 

With big screen TV and  CPAP Machine, life is good.
In USA even manly testosterone truckers need them, courtesy of Mexico.
So Trump had to back down on Mexico?

 

TV assembly is easy, Apple manufacturing much more complex and sophisticated.


Tinkerisk
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  #3362251 9-Apr-2025 11:17
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No matter whether you ask Trump a clever or stupid question, you always get a stupid answer from him. 😁





     

  • Qui nihil scit, omnia credere debet. - He who knows nothing must believe everything.
  • Firewalls do NOT stop dragons.
  • Avoid Big Tech!
  • In effect we have everything to hide from someone, and no idea who someone is.

kingdragonfly
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  #3362252 9-Apr-2025 11:17
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From Trump's first term (will they never learn?)

“It’s called OPM. I do that all the time in business. It’s called other people’s money. There’s nothing like doing things with other people’s money. Because it takes, the risk, you get a good chunk of it and it takes the risk. We’re going to do this, in this case, from a humanitarian standpoint. OPM: other people’s money.”

We'll see how Republicans support for the tariff's change.

"What do you mean my necessary-ta-thingies have doubled: I ain't got no more Busch Light,
Code Red Mountain Dew, Flamin' Hot Cheetos or spam to home for vittles.

My camouflage jorts and sleeveless 'I love liberal tears' shirt got more holes than a speed limit sign, and my favorite belt buckle, big enough to pick up satellite channels, done broke.

Mama ain't going understand I can't afford truck nuts, and a Confederate flag decal, a plastic flamingo, I need a new a Coleman cooler for a crib.

Listen officer, I'm a peaceful man. Wait a minute. Loosen up these handcuffs you sunofabitch"

FineWine
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  #3362262 9-Apr-2025 11:49
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Tinkerisk:

 

No matter whether you ask Trump a clever or stupid question, you always get a stupid answer from him. 😁

 





Whilst the difficult we can do immediately, the impossible takes a bit longer. However, miracles you will have to wait for.


kingdragonfly
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  #3362287 9-Apr-2025 13:14
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How a 15-word fake Trump quote triggered a $5 trillion Wall Street whiplash in under half an hour: Economic Times

Wall Street witnessed a trading spectacle on Monday that felt more like a scripted drama than real life. The S&P 500 soared nearly 8 per cent in under ten minutes—only to crash just as fast—after a rogue headline falsely claimed that President Donald Trump was planning a 90-day pause in tariffs. The post, short and punchy, appeared on X (formerly Twitter) at 10:13 a.m. ET, attributing the statement to Kevin Hassett, the White House economic adviser. It read:

“HASSETT: TRUMP IS CONSIDERING A 90-DAY PAUSE IN TARIFFS FOR ALL COUNTRIES EXCEPT CHINA.”

That single sentence was enough to send billions of dollars ricocheting through global markets.

$2.4 trillion in, $2.5 trillion out

The market’s reaction was breathtaking. From being down nearly 5 per cent, the S&P 500 flipped to a 3.4 per cent gain within minutes—a swing that added an astonishing $2.4 trillion in market value, according to Dow Jones Market Data.

The party didn’t last. By 10:41 a.m., the White House swiftly denied any such plan, calling the headline baseless. Within 23 minutes, markets gave up their gains and more, erasing $2.5 trillion. Stocks settled flat by mid-afternoon, having yo-yoed on nothing more than speculation.
...

neb

neb
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  #3362318 9-Apr-2025 16:07
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tdgeek:

 

104% tariff now on China. Good luck shopping at Walmart, Best Buy, Home Depot etc

 

 


neb

neb
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  #3362322 9-Apr-2025 16:15
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kingdragonfly:

 


The market’s reaction was breathtaking. From being down nearly 5 per cent, the S&P 500 flipped to a 3.4 per cent gain within minutes—a swing that added an astonishing $2.4 trillion in market value, according to Dow Jones Market Data.

The party didn’t last. By 10:41 a.m., the White House swiftly denied any such plan, calling the headline baseless. Within 23 minutes, markets gave up their gains and more, erasing $2.5 trillion. Stocks settled flat by mid-afternoon, having yo-yoed on nothing more than speculation.
...

 

I wonder how much longer it'll take for Trump to turn the US government and economy into Bazooko's circus?


kingdragonfly
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  #3362326 9-Apr-2025 16:24
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Russia — Zero Tariffs Bring Zero Relief: Europe’s Edge

Russia was spared tariffs by the Trump administration but the impact of a protracted global trade war will be significant.

At first glance, Russia seems to be a mere observer in an unfolding global trade war. In reality however, US tariffs look set to cause indirect problems in the coming months through reduced revenue from raw materials, higher interest rates for longer periods, and a rising dependence on China.

The White House said Russia was not hit with tariffs because there was no trade between the two countries due to the Western sanctions imposed as a result of the full-scale invasion of Ukraine.

That’s not entirely true. In 2024, exports of Russian goods to the US totaled $3.27bn
...
According to the formula used to determine the tariffs on trading partners, Russia should have faced a 40% tariff (based on 2024 numbers). That said, in the last pre-war year of 2021, the two countries enjoyed almost equal trade – which would have meant Russia being included within the lowest, 10% rate.
...
Why is Russia not on Trump's 'Liberation Day' tariff list?

DW News


neb

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  #3362328 9-Apr-2025 16:30
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kingdragonfly:

 

Why is Russia not on Trump's 'Liberation Day' tariff list?

 

Because upsetting the boss will make Trump look bad on his next performance review?

 

 


quickymart
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  #3362491 9-Apr-2025 22:28
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Sideface
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  #3362502 10-Apr-2025 06:19
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The NY Times - Trump Backs Down on Reciprocal Tariffs for 90 Days  (free unlocked link)

 

breaking

 

Stocks immediately made steep gains after President Trump’s reversal.

 

But he said China would not be included, raising tariffs on its exports to 125 percent after Beijing announced a new round of retaliation.

 

 

 





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quickymart
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  #3362505 10-Apr-2025 06:37
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He's so full of crap, this 90-day thing was hinted at a few days ago, and the answer was an emphatic "no", and yet here we are 🙄


ezbee
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  #3362523 10-Apr-2025 08:34
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Apple apparently flew in 5 planeloads of iPhones to squeak in before the China tariffs take effect.

 

Trump also eliminated the $800 small parcel concession so a lot of people will be finding out about extra charges on Temu, Aliexpress etc. 

 

The repair community looks to be worried as buying in small parts to repair items becomes more uneconomic. Carriers add fees on top for handing tariff collection. It was paused due to chaos of systems not built to handle small packages, but may too be back on. 

 

Suppose we may never see the share trading history of Trump, family and entourage.
Given the Trump and Family have got deep into Coin Pump and Dump.

 

Trump will enjoy world leaders coddling of him as they do their duty. 
He cares not if bowing scraping and boot licking is real admiration.
The 10% on everyone including those with positive trade balance apparently remains unchanged.

Does Luxon play Golf, suppose it does not matter he just needs to lose convincingly.


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