The Tariff Thread

[Firebot]

And in the meantime China is now up to 125% because China dared to retaliate.

[Muta]

Originally Posted by Engine09

diseased, baboon clown bitch

I laughed way too hard at this hahahaha

[tripin_billie]

From NYTimes:


In a strange turn of events, the president seems to have added another 10 percent tariff to Canada and Mexico. Asked earlier if the 10 percent tariff extended to those countries, Scott Bessent, the treasury secretary, said that it did. And a White House official clarified for me just now that that was the case. Previously, Canada and Mexico had been exempted from this round of “reciprocal” tariffs, though they still faced a 25 percent tariff on many of their goods that the president imposed last month.

[T-Dog]

I’d love to see the investment accounts of Trump’s inner circle. You don’t think they are all over knowing that single tweets can cause 5-10 percent market swings.

[Senator Clay Davis]

Interesting that Trump would admit to someone that he is, in fact, just a reetard acting reetardedly, but hey...

https://twitter.com/user/status/1910028030287962416

[Manhattanboy]

MAGA Republicans all getting rich on Trump’s bull#### announcements.

This is market fraud at its best.

[direwolf]

Originally Posted by tripin_billie

From NYTimes:


In a strange turn of events, the president seems to have added another 10 percent tariff to Canada and Mexico. Asked earlier if the 10 percent tariff extended to those countries, Scott Bessent, the treasury secretary, said that it did. And a White House official clarified for me just now that that was the case. Previously, Canada and Mexico had been exempted from this round of “reciprocal” tariffs, though they still faced a 25 percent tariff on many of their goods that the president imposed last month.

I doubt that even the treasury secretary or any WH officials know what the f*** is going on at this point. But if that’s actually the case, that is absolutely infuriating. This administration is just impossible to deal with. What a bunch of clowns.

[Johnny Makarov]

Yay 90 days! then it will be back to 30 and then 15 and then 30 and then 160 to eff with everyone! Thank you for making things interesting Orange Rapist!

[Parallex]

This is confusing... so did he pause the tariffs or just reduce them to 10%? and it was just on the "reciprocal tariffs" which weren't on Canada/Mexico... but now are? But the previous (auto, steel, fentynol excuse ones) are the same? Do these have all the non-USMCA compliant wordings?

So what precisely is he "pausing"?

[Firebot]

Originally Posted by T-Dog

I’d love to see the investment accounts of Trump’s inner circle. You don’t think they are all over knowing that single tweets can cause 5-10 percent market swings.

The Walter "Bloomberg" 90 day pause fakeout 2 days ago was the test and makes a lot more sense now.

Trump: Sometimes you need to take some medicine -> now is a great time to buy

[direwolf]

Originally Posted by Parallex

This is confusing... so did he pause the tariffs or just reduce them to 10%? and it was just on the "reciprocal tariffs" which weren't on Canada/Mexico... but now are? But the previous (auto, steel, fentynol excuse ones) are the same? Do these have all the non-USMCA compliant wordings?

So what precisely is he "pausing"?

I honestly don’t think anyone actually knows.

[Parallex]

Originally Posted by direwolf

I honestly don’t think anyone actually knows.

I really don't like government announcements via micro-blogging post. Just make your announcements in the White House Briefing room with attached documentation FFS.

[Lubicon]

Originally Posted by GranteedEV

So I'm a little confused, does the POTUS even have the power to arbitrarily declare sweeping tariffs? I know he was using fentanyl as a flimsy excuse on Canada/Mexico given our border proximity to invoke emergency powers, but surely checks and balances are still a thing when it comes to penguins et al?

Short answer is yes, under the guise of national security and the threat to it. That is the pretense for implementing them. But that is only temporary and eventually must be agreed to by the Senate (and possible the House of Representatives?) which may be a tough sell now.

[Paulie Walnuts]

Didn't he say the money was pouring in a few days ago because of the tariffs? WHy would anyone stop that right.

[Sidney Crosby's Hat]

Originally Posted by Paulie Walnuts

Didn't he say the money was pouring in a few days ago because of the tariffs? WHy would anyone stop that right.

He probably meant the money was pouring into his and his friends' bank accounts as they know exactly when to buy, when to sell and when to short.

[missdpuck]

So are we going to get to put the screws in iPhones or not? I’m
confused. One day yes, the next day no. I was looking forward to it. That’s my only concern here.

[CorsiHockeyLeague]

Originally Posted by missdpuck

So are we going to get to put the screws in iPhones or not? I’m
confused. One day yes, the next day no. I was looking forward to it. That’s my only concern here.

They never said anyone got to put screws in iPhones. They said that automated machines would do that and everyone would get to design and maintain the machines.

[Bring_Back_Shantz]

Originally Posted by missdpuck

So are we going to get to put the screws in iPhones or not? I’m
confused. One day yes, the next day no. I was looking forward to it. That’s my only concern here.

Don't worry.
Still in a trade war with China, so all those "putting tiny screws in iPhones" jobs are still on the table.

Other tiny screw related jobs are TBD though, we'll have to wait at least 1 more day to see if we'll actually have to wait 90 days to see who will be doing those jobs.

[Fuzz]

Originally Posted by CorsiHockeyLeague

They never said anyone got to put screws in iPhones. They said that automated machines would do that and everyone would get to design and maintain the machines.

And then you'd get the job title "Assistant to the technician who lubes the machines"

[EldrickOnIce]

Originally Posted by Parallex

This is confusing... so did he pause the tariffs or just reduce them to 10%? and it was just on the "reciprocal tariffs" which weren't on Canada/Mexico... but now are? But the previous (auto, steel, fentynol excuse ones) are the same? Do these have all the non-USMCA compliant wordings?

So what precisely is he "pausing"?

He is pausing the tariffs on penguins