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Trump administration 2024-2028

So a rumor went around for a few minutes that the tariffs on China would be paused for 90 days, CNBC reported that the WH called it "fake news".

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Massive swings like this in a day and even in less than an hour are surely a sign of a very stable market, quiet possibly the most beautiful stablest market ever, right?
They're a side effect of automated trading. If a trading model is sensitive to small perturbations, wide swings can result.

A human has to think about what to hold and how long to hold it and tends to make a few trades over relatively long intervals to produce a profit.

A computer-controlled trading model can make gains with micro-profits over large numbers of transactions.

Some of what we're observing has nothing to do with "uncertainty" - which exists only in the minds of people - and much to do with automated trading. The stability - or lack of it - is in the models.
 
Likely a whole lot of shorts got covered today as short sellers locked in profits, which would have created some moderately stabilizing buying pressure.

Tomorrow will probably be a lot of people catching their breath and assessing their positions, a lot of people who panicked and sold growing despondent, and a lot of waiting to see what happens with the U.S. and China and if Trump will follow through with his latest threat of another 50% of tariffs, plus actually enacting all the previously promised ones that have Wednesday as an implementation date.
 
A thing about a stock trade is that it has a buyer as well as a seller. As far as I can tell, buyers aren't being forced to buy at gunpoint.
 
The biggest looser in Trumps Trade War will likely be the US.
Largest loser isn’t necessarily the biggest loser. The size of our economy means a lot of smaller economies (like Canada) can be deadly while ours works out to be a non fatal sucking chest wound.

Still incredibly dumb and painful to everyone involved, and the world is involved regardless of desire to be or not…
 
Goodmorning.

The score so far (tariffs on each other):

USA --> China - 104%
China --> USA - 84%

Treasury Secretary Bessent is also making an absolute fool of himself on FOX claiming that removing Chinese stocks from US exchanges is on the table. There will absolutely be circuit breakers today.

Now back to punching themselves in the face.

Alt: https://archive.ph/WYjmO
 
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Trump administration plans to target Chinese built container ships.


Key points:
  • The U.S. government began investigating China’s dominance in the shipbuilding industry, where it manufactures as much as 75%-80% of fleets, during the Biden administration.
  • Steep levies on Chinese-made ships arriving at U.S. ports have been proposed, up to as much as $1.5 million, as part of a plan to bring more ship manufacturing back to the U.S., a policy which has bipartisan support.
  • The CEO of the world’s largest ocean carrier, MSC, told CNBC the fines would have “very, very significant” consequences for how the maritime industry serves the U.S., reaching up to $20 billion annually.

Another big loser would be smaller ports like Oakland, Seattle, etc. The big carriers would avoid the smaller ports to avoid the charges but the big ports are congested because rail and road are congested.

Could be a big boon for a place like Prince Rupert. The rail from PR to Chicago is shorter than Long Beach to Chicago. Also the mountain passes are not as extreme in the north as they are in the southern BC interior.
 
Some of the questions relate to the tariffs.

U.S. Military General Explains Why Canada Is Required For US National Security - 5 Apr 25

Kind of goes against the narrative that we are an unreliable neighbour…
 
I guess we know where all those DOGE savings and tariff incomes are going to be going...


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I guess we know where all those DOGE savings and tariff incomes are going to be going...


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lol. Doge hasn’t done much. The biggest line items are debt servicing, defence and social security and they won’t touch that stuff.
 
I guess we know where all those DOGE savings and tariff incomes are going to be going...


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Not to drug testing members of Cabinet or either House I'm sure...
 
I guess we know where all those DOGE savings and tariff incomes are going to be going...


Animated GIF
Wait. I thought they announced huge cuts to DoD? I’m so confused…
 
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