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#trumptariffs

209 posts137 participants1 post today
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nullagent

Part of the surprising news from China today are new rules about chip makers like Intel and Texas Instruments. Many of which have factories both in the US and China. Complicating matters many US owned chipmakers ship intermediate and raw materials between their factories.

#china#tariffs#intel
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Scott Lucas

29-min deep dive analysis

" #Trump legacy is that he’s a wannabe bully trying to rip apart the international system — and the system — for personal power and profit.

His legacy is that he is a wannabe bully who is being undone by the fact that he is an economic moron."

#TrumpTariffs#Tariffs
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DoomsdaysCW

From 2008 South Park episode, "Canada On Strike" (very prescient!)

Stephen Abootman: "Canada deserves more money!"
Economics Minister: "You don't seem to understand how global economics work."

Excerpt from Plot:

"When 'Canada Appreciation Day" in the US is mocked and doesn't bring Canada the respect its' citizens believe it deserves, the leader of the World Canadian Bureau, Stephen Abootman, leads a nationwide strike of Canadians to garner respect and more money, without actually specifying how much they want and for what reason they would need it. They demand, 'some of that Internet money' from other UN nations, who are completely confused, but are denied."

southpark.fandom.com/wiki/Cana

South Park ArchivesCanada on Strike"Canada on Strike" is the fourth episode of Season Twelve, and the 171st overall episode of South Park. It first aired on April 2, 2008.[1] The head of the World Canadian Bureau leads the country into a long and painful strike and the responsibility of brokering a settlement rests with the boys.[1] When "Canada Appreciation Day" in the US is mocked and doesn't bring Canada the respect its' citizens believe it deserves, the leader of the World Canadian Bureau, Stephen Abootman, leads a nationwide
#TrumpTariffs#TrumpIsAnIdiot#SouthPark
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nullagent

Breaking news out of China, they announced that they will raise their tariffs on US imports from 85% to 125% to match the US. Meanwhile the US is raising tariffs on Chinese goods from 125% to 145%.

These tariffs are changing so fast its making my head spin trying to keep up with it 🥴

apnews.com/article/china-us-tr

An aerial view of new cars waiting for shipment at a pier for ro-ro ships in Yantai city in eastern China's Shandong province Sunday, March 30, 2025. (Chinatopix Via AP) CHINA OUT
AP News · Trade war escalates as China raises retaliatory tariffs on US goods to 125%China has announced countermeasures by raising tariffs on U.S. goods from 84% to 125% starting Saturday. The U.S. and China have escalated trade war by raising tariffs even as U.S. President Donald Trump hit a pause on tariffs for other countries. Trump’s universal tariffs on China total 145%. When Trump announced Wednesday that China faced 125% tariffs, he did not include a 20% tariff on China tied to its role in fentanyl production. The rates have climbed, in a back and forth with no end in sight.
#Trump#China#Uspol
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David August

How russian state TV is rejoicing and mocking musk/45 and their economic “buffoonery”:

“What we are observing is an event of historic proportions. If you look at the history of the economy…It was being developed for centuries…The first & most important was a system of trust. With what trump did yesterday, he destroyed trust, trust in the system…80% of economy is based on common sense, but practically everything is built on trust.”

youtu.be/9TFt7b06ti4

youtu.be- YouTubeEnjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.
#USpol#russia#economy
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Dave Rahardja

I have a nagging feeling that we’re on the precipice of economic disaster, with only a brief reprieve because Trump decided to delay some tariffs (but still hammering Chinese imports with oppressive rates that US businesses and consumers will have to pay).

Today, indexes seem to be teetering on historic markers—not the worst they’ve been, but trending worse. 10-year T-bond rates are rising, but not at historic highs. US dollar index is slumping, but not at historic lows. The indexes have fallen, but they’re about the same as a year ago. Everything seems to be on edge of balance, ready to topple over.

I’m fearful for the encroaching “slowly, then all at once” moment. I’m not sure what market moves I should make, if any, because I’m a long-term investor and have no idea how to respond to short-term market conditions.

#kakistocracy#corruption#economy
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News, Opinions & Views

Raw Story:
'An enormous scam:' Senator accuses Trump of massive 'insider trading scandal'

"This entire White House is one giant grift," the senator added. "Donald Trump and his friends are in power in order to use their access to government to make money. It stinks, and we should get to the bottom of it."
rawstory.com/donald-trump-insi

Raw Story · 'An enormous scam:' Senator accuses Trump of massive 'insider trading scandal'By Travis Gettys
#News#Politics#Democracy
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