Trump administration 2024-2028
- Thread starter dimsum
- Start date
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I don’t know how anyone who witnessed that could not come to a conclusion the man is as maniacal as some of the darkest figures in history, and probably more unstable. You can literally see two or three personalities spitting out of his mouth.
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Not a ruling but part of the trade act of 1974. I'm not a lawyer but a blanket 10% global tariff seems a hard sell if these tariffs also get challenged in court as well.
They are but it will buy them some time to figure out something else
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Don Cherry is an elocutionist compared to this guy.
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150 days to get Congress on side.
That will be a struggle
HavokFour
Army.ca Veteran
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LIVE
: Every Republican running in >R+10 districts right now.
On a more serious note, he only stated his intent. It may not survive the weekend.
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Every tariff struck down represents a revenue loss (deficit increase) that drops into Congress's lap. Neither party is eager to deal with that problem.
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The profound structural issues of the US Federal Budget will not be solved by tariffs.
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Nor will ours through just taxation. But nobody wants to acknowledge that.
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No, but hoping Congress isn't going to get "on side" with the administration isn't a sure thing. The administration is taking the heat for tariffs; Congress will take the heat for the increase in the deficit or a counterbalancing increase in other taxes. There are enough short-horizon next-election self-interested members for them to do the stupid thing.
The point is to not overlook the implications. "No tariffs" overall is better than "tariffs", but there are wins and losses in the mix as always.
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Sort of like Idi Amin.
Have to wonder if the end state will also be hiding in Saudi Arabia.
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It will be THE GREATEST EXILE EVERRRRR!!! And maybe they'll treat his neurosyphilis too...
McG
Army.ca Legend
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He’s upping the global tariffs even more. 10% to 15% now.
www.ctvnews.ca
Trump says he’ll raise tariffs to 15 per cent after U.S. Supreme Court ruling
U.S. President Donald Trump said Saturday that he wants a global tariff of 15 per cent, up from 10 per cent he had announced a day earlier after the U.S. U.S. Supreme Court struck down many of the far-reaching taxes on imports that he had imposed over the last year.
www.ctvnews.ca
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U.S. Wall Street investors are pivoting away from the U.S…$10B a week and increasing, to get better gains than they can in America…
www.reuters.com
Between the softening USD, America’s worsening trade deficit (notwithstanding the tariffs and soft dollar), and domestic and international holders of USD hedging up to 20% of their holdings, it looks like Americans looking to grow their fortunes don’t think Home Sweet Home is as sweet a deal as it used to be.
2025 growth:
+14% - US (S&P500)
+23% - China (Shanghai CSI300)
+26% - *Europe (STOXX600)
+43% - Japan’s (Nikkei)
+100% - S.Korea (KOSPI)
From 'buy America' to 'bye America', Wall Street exodus gathers pace
U.S. investors are pulling money out of their own stock market at the fastest pace in at least 16 years as Big Tech returns fade and overseas markets look more attractive.
www.reuters.com
Between the softening USD, America’s worsening trade deficit (notwithstanding the tariffs and soft dollar), and domestic and international holders of USD hedging up to 20% of their holdings, it looks like Americans looking to grow their fortunes don’t think Home Sweet Home is as sweet a deal as it used to be.
2025 growth:
+14% - US (S&P500)
+23% - China (Shanghai CSI300)
+26% - *Europe (STOXX600)
+43% - Japan’s (Nikkei)
+100% - S.Korea (KOSPI)
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Falling value of the USD.U.S. Wall Street investors are pivoting away from the U.S…$10B a week and increasing, to get better gains than they can in America…
From 'buy America' to 'bye America', Wall Street exodus gathers pace
U.S. investors are pulling money out of their own stock market at the fastest pace in at least 16 years as Big Tech returns fade and overseas markets look more attractive.
Between the softening USD, America’s worsening trade deficit (notwithstanding the tariffs and soft dollar), and domestic and international holders of USD hedging up to 20% of their holdings, it looks like American’s looking to grow their fortunes don’t think Home Sweet Home isn’t as sweet a deal as it used to be.
2025 growth:
+14% - US (S&P500)
+23% - China (Shanghai CSI300)
+26% - Eruppe (STOXX600)
+43% - Japan’s (Nikkei)
+100% - S.Korea (KOSPI)
PrairieFella
Army.ca Veteran
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Apparently the TSX has even outpaced the NASDAQ.U.S. Wall Street investors are pivoting away from the U.S…$10B a week and increasing, to get better gains than they can in America…
From 'buy America' to 'bye America', Wall Street exodus gathers pace
U.S. investors are pulling money out of their own stock market at the fastest pace in at least 16 years as Big Tech returns fade and overseas markets look more attractive.
Between the softening USD, America’s worsening trade deficit (notwithstanding the tariffs and soft dollar), and domestic and international holders of USD hedging up to 20% of their holdings, it looks like American’s looking to grow their fortunes don’t think Home Sweet Home isn’t as sweet a deal as it used to be.
2025 growth:
+14% - US (S&P500)
+23% - China (Shanghai CSI300)
+26% - Eruppe (STOXX600)
+43% - Japan’s (Nikkei)
+100% - S.Korea (KOSPI)
All those countries that raced to bend the knee and make disadvantageous ‘deals’ back in the spring and summer must be feeling really great about that right now.He’s upping the global tariffs even more. 10% to 15% now.
Trump says he’ll raise tariffs to 15 per cent after U.S. Supreme Court ruling
U.S. President Donald Trump said Saturday that he wants a global tariff of 15 per cent, up from 10 per cent he had announced a day earlier after the U.S. U.S. Supreme Court struck down many of the far-reaching taxes on imports that he had imposed over the last year.
No deal negotiated with Trump is worth the toilet paper he smeared it on. American businesses and taxpayers will continue to suffer from the unpredictability and erratic nature of his trade policy.