The Trump tariffs

Thomas More said:
Aren't you from outside the US? How do US tariffs affect your country?

Does your country have high tariffs on the US? If so, surely what's good for your country would be good for the US.
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Let's not start with this US vs the rest of the world thing again. Hope you're not going the same way as get2choppa there? It's a general comment, this isn't a US only forum! The tariffs aren't reciprocal either, many countries that are on the list don't even have tariffs vis-a-vis the US. It's a problem for the US if Trump shuts down trade with much of the world. I don't think the voters will have it, for the reasons mentioned above!
 
Johnnyvee said:
Let's not start with this US vs the rest of the world thing again. Hope you're not going the same way as get2choppa there? It's a general comment, this isn't a US only forum! The tariffs aren't reciprocal either, many countries that are on the list don't even have tariffs vis-a-vis the US. It's a problem for the US if Trump shuts down trade with much of the world. I don't think the voters will have it, for the reasons mentioned above!
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I agree it's not an only US forum. I am curious if your country has high tariffs against the US though.
 
Thomas More said:
I agree it's not an only US forum. I am curious if your country has high tariffs against the US though.
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As far as I know Norway has no tariffs directed towards the US, subject to change soon I guess? Norway is unfortunately forced to follow whatever the EU does. They're trying to push a third EU referendum soon also...

Conversely, I think the idea that for example China is exploiting the US when it comes to trade is the opposite of reality. I mean, the US has an annual massive trade deficit with China. They make stuff and get paid in printed dollars. Who's gonna suffer more from this do you think? Don't get me wrong, I don't think global free-trade is good for the west, and certainly not for the environment, but people won't like higher prices for consumer goods! Maybe Trump will backtrack though?
 
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Johnnyvee said:
As far as I know Norway has no tariffs directed towards the US, subject to change soon I guess? Norway is unfortunately forced to follow whatever the EU does. They're trying to push a third EU referendum soon also...

Conversely, I think the idea that for example China is exploiting the US when it comes to trade is the opposite of reality. I mean, the US has an annual massive trade deficit with China. They make the stuff and get paid in printed dollars. Who's gonna suffer more from this do you think? Don't get me wrong, I don't think global free-trade is good for the west, and certainly not for the environment, but people won't like higher prices for consumer goods! Maybe Trump will backtrack though?
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30%

IMG_2318.webp

Tariffs benefit anyone who actually pays into the system, I'll gladly pay a few dollars more for bs trinkets or groceries or a few thousand more for a once every 5 year purchase if it means I pay less income taxes. The only people tariffs hurt in the long run are people who leech off the system and don't pay into it.
 
truthsocial.com

Donald J. Trump (@realDonaldTrump)

https://x.com/americapapabear/status/1907947224090423367?s=12
truthsocial.com truthsocial.com

Dude is crashing the market on purpose?!?

Looll this will go to the books. At the level of Nero.

Is this the onion?

If the stock market crashes it will not be bilionaires that suffer. It will be the little guy on the street.

Nobel prize? Destroying economies for people to buy treasuries. Fucking brilliant

If monday the selloff continues theres some serious pain for families ahead
 
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magoo said:
truthsocial.com

Donald J. Trump (@realDonaldTrump)

https://x.com/americapapabear/status/1907947224090423367?s=12
truthsocial.com truthsocial.com

Dude is crashing the market on purpose?!?

Looll this will go to the books. At the level of Nero.

Is this the onion?

If the stock market crashes it will not be bilionaires that suffer. It will be the little guy on the street.

Nobel prize? Destroying economies for people to buy treasuries. Fucking brilliant

If monday the selloff continues theres some serious pain for families ahead
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There was going to be a recession when Trump took office anyways.

This was planned out.

The incredible amount of debt and waste from the previous administration. The destruction of small businesses from covid. The ridiculous inflation. The lying of economic and employment statistics. Changing the definition of a recession so they could hide their recession.

It was designed to fall apart once they knew they had little chance of winning the past election (arguably in 2021 when they had Biden and Harris the likely candidates for 2024)

The tariffs will make it worse, but temporarily. The economy (and the US overall) will be stronger after. Likely for the timing of 2028. They're thinking past news cycles here and creating a 5-10 year plan to reinvest in the US.

People had no problem with tariffs for decades until the news just started saying that the US was doing it - and at lower levels than competitor nations.
 


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Johnnyvee said:
As far as I know Norway has no tariffs directed towards the US, subject to change soon I guess? Norway is unfortunately forced to follow whatever the EU does. They're trying to push a third EU referendum soon also...

Conversely, I think the idea that for example China is exploiting the US when it comes to trade is the opposite of reality. I mean, the US has an annual massive trade deficit with China. They make stuff and get paid in printed dollars. Who's gonna suffer more from this do you think? Don't get me wrong, I don't think global free-trade is good for the west, and certainly not for the environment, but people won't like higher prices for consumer goods! Maybe Trump will backtrack though?
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BS
norway import tariffs.jpg
 
The reasoning for how the tariffs were calculated is found here: https://ustr.gov/issue-areas/reciprocal-tariff-calculations

This is not Trump "shooting from the hip," this is Trump using some very intelligent business planning. Choice quotes:

To conceptualize reciprocal tariffs, the tariff rates that would drive bilateral trade deficits to zero were computed. While models of international trade generally assume that trade will balance itself over time, the United States has run persistent current account deficits for five decades, indicating that the core premise of most trade models is incorrect.
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Challenging failed premises: Check

Consider an environment in which the U.S. levies a tariff of rate τ_i on country i and ∆τ_i reflects the change in the tariff rate. Let ε<0 represent the elasticity of imports with respect to import prices, let φ>0 represent the passthrough from tariffs to import prices, let m_i>0 represent total imports from country i, and let x_i>0 represent total exports. Then the decrease in imports due to a change in tariffs equals ∆τ_i*ε*φ*m_i<0. Assuming that offsetting exchange rate and general equilibrium effects are small enough to be ignored, the reciprocal tariff that results in a bilateral trade balance of zero satisfies:
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Screenshot%202025-04-02%20200501.png


The reciprocal tariffs were left-censored at zero. Higher minimum rates might be necessary to limit heterogeneity in rates and reduce transshipment. Tariff rates range from 0 to 99 percent. The unweighted average across deficit countries is 50 percent, and the unweighted average across the entire globe is 20 percent. Weighted by imports, the average across deficit countries is 45 percent, and the average across the entire globe is 41 percent. Standard deviations range from 20.5 to 31.8 percentage points.
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They put a lot of thought into calculating this tariff scheme, it will be very interesting to see how it plays out. Whether or not it succeeds or fails, I am just very happy that SOMETHING is being done with a lot of thought. The results will surely be instructive for future Americans and economists of all stripes.
 
Samseau said:
The reasoning for how the tariffs were calculated is found here: https://ustr.gov/issue-areas/reciprocal-tariff-calculations

This is not Trump "shooting from the hip," this is Trump using some very intelligent business planning. Choice quotes:



Challenging failed premises: Check




Screenshot%202025-04-02%20200501.png




They put a lot of thought into calculating this tariff scheme, it will be very interesting to see how it plays out. Whether or not it succeeds or fails, I am just very happy that SOMETHING is being done with a lot of thought. The results will surely be instructive for future Americans and economists of all stripes.
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"I have no faith in political arithmetic."

Adam Smith

Bush Jr lifted the steel tariffs less than a year after they were implemented in the 2000´s. This administration rhymes a lot with Bush Jr. actions. There´s some still missing. Yes. A war.

The law of the land never changes.

I like recessions. I like recessions a lot. Last recession people would pay me to have lunch with them. True fact. If you have money during a recession your like water in a desert. As I get old I like stability also. But this old dog still have some tricks left.

It´s all theaters and gimmicks to be fair. It´s a gigantic ball of shit to bullshit normal people. A giant sandwich of MERDE.

One thing you can count one: There´s always a way. And a trick. A backdoor. Few will know about it and use it. And those few will make lots of riches at expense of many.

I didn´t knew Vietnam was rerouting chinese goods. Go figure today Vietnam stock market fell little. And they want to strike a deal. China sorry Vietnam wants to strike a deal. This means. If i´m not mistaken. If Vietnam manages to get a 0% deal. China will export through Vietnam their goods to US paying 0 tariffs. But US goods will pay tariffs to enter China. But hey at least you will have access to Vietnam market. Clap, clap, clap, clap.

This is high level 10D chess.

Yesterday Vietnam stock market fell 7%. Nike felt 15%. Today the Vietnam stock market fell 0,21% and Nike had a positive performance:

NIKE, Inc. (NKE)​


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57.25
+1.67
+(3.00%)


Why do you think Vietnamese stock market fell yesterday 7 and today 0. And why did Nike lost 15% yesterday. And gained 3% today. When other stocks were dropping like rocks.

Why are only european and american stock markets being crushed and Chinese stock markets are doing ok?

Cause jews are calling the shots. And Trump like all others before him since JFK dance to their tune. And their tune unfortunately for westerners is dump US and Europe. Make Israel and Asia the next powers. I´m betting in Singapore.

This might not be Trump tariff formulas. But 2+2 still equals 4. Smart money know something we don´t. And that my friend is Trump is just another orange sellout bitch who is continuing to let China gut US and Europe industry.



How did anonymous users in 4chan knew about the coronavirus and Trump didn´t? You know the 4 chan posts? I was thinking about this today.


I make money in any market. Let the game begins. Let´s see how things work monday.

People don´t get this. Chinese are filthy rich. Nobody has money like them.
 
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@magoo Hate to admit it but I'm also a big fan of recessions, it's nothing but opportunity for those that actually have ambitions....

But this one is going to be different because there is so much money sitting on the sidelines, it's not like the previous ones. Not sure what to think of it yet...
 
FrancisK said:
But this one is going to be different because there is so much money sitting on the sidelines, it's not like the previous ones. Not sure what to think of it yet...
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They will be afraid to deploy it. Except for chinese and smart money. Local people with money will sell assets cheap because they are just stupid gullible sheep who believe the shit they are being fed to by the tv. The tv says and the drones obey.

You need to have a little bit of gambler and lunatic trait to start buying when everybody is selling. At the same time the MSM (worthless garbage) is telling the world is going to end. I wonder what apocalyptical bullshit they will play this time.
 
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Johnnyvee said:
Let's not start with this US vs the rest of the world thing again. Hope you're not going the same way as get2choppa there? It's a general comment, this isn't a US only forum! The tariffs aren't reciprocal either, many countries that are on the list don't even have tariffs vis-a-vis the US. It's a problem for the US if Trump shuts down trade with much of the world. I don't think the voters will have it, for the reasons mentioned above!
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...Dont be upset about Americans arguing for American positions. Being in the losing side of the argument sucks but sympathies doesn't negate reality
 
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