Investing General Discussion
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Sanrith Descartes
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Sanrith Descartes
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Big Phoenix
Pronouns: zie/zhem/zer
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It should be a constitutional requirement that we apply equal tariffs.
Anything less is pure cuckery.
Anything less is pure cuckery.
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Sanrith Descartes
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I think his goal is to start at 50% of their tariff and at a minimum a baseline of 10%.
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Haus
I am Big Balls!
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Quick clip from his news conference.
It looks like we're actually being nice and only charging half the tariffs they're putting on us.
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tugofpeace
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Jysin
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16:55(US) Senior White House Official: Pres Trump to declare national emergency due to national security and economic security concerns over US trade deficits - Source TradeTheNews.com
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Haus
I am Big Balls!
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Yeah... Good F*ing Luck moving their manufacturing into the US to avoid tariffs....
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Rangoth
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I wont shit up this thread with politics but man it sure puts it in perspective to the people crying when displayed like that(assuming all numbers are accurate-ish).
Also, due to the moderately green day and my feeling as posted before that we are seeing the start of a true bear market coming and not just a correction, I had puts on TSLA + SPY. If this doesn't correct by open I will be up in a nice way. Shame the entire bet was only about 20k.
Khane
Got something right about marriage
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The only way to put anything in perspective for yourself is to stop trusting any politician at all, no matter their party, and start looking into anything that *actually* interests you, yourself.
Also the best way to invest and generally succeed in life.
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Rangoth
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Agreed. I specifically meant how other countries tariff us vs. how we tariff them. I knew it was imbalanced, but I like that they printed it country by country like that. Of course some jackasses out there will defend the numbers as biased as they are.
Captain Suave
Caesar si viveret, ad remum dareris.
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The scale and direction of exchange matters here; rates don't tell the whole story. Just making up numbers, but if Myanmar puts a 50% tariff on $10,000 of US goods that they import but processes a billion dollars of T-shirts for US companies that US consumers now pay 25% more for, the whole thing is just self-inflicted pain.
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Falstaff
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