Moderator: 3ne2nr Mods
Duane 3NE 2NR wrote:Dizzy28 wrote:VexXx Dogg wrote:
You're watching a modern day Nero setting fire to global markets, but also burning Rome.
They conveniently left out Obama's first term
The S&P fell 15% within his first 100 days.It was still well within the crash of wall street investment banks.
Yeah that had to do with the ongoing financial crisis from before he was even inaugurated - not because of policies he implemented
Screenshot 2025-04-07 at 9.20.51 PM.jpg
"Obama took office amid the financial crisis. Stocks were in a freefall and hit bottom nearly two months after his inauguration. Equities then rebounded and finished Mr. Obama’s first year up more than 30 percent.
Mr. Trump, by contrast, became president during one of the longest sustained bull markets in history, and stocks have continued to set record highs during his tenure."
https://www.nytimes.com/interactive/201 ... -year.html
Duane 3NE 2NR wrote:^ Trump has been talking about tariffs since the 1980's
Trump’s Tariff Strategy Can Be Traced Back to the 1980s
https://www.pbs.org/wgbh/frontline/arti ... the-1980s/
Seems he formed he view from watching Lou Dobbs
Trump's tariffs are a longtime goal fulfilled - and his biggest gamble yet
Donald Trump's politics have shifted considerably over his decades in the public sphere. But one thing he has been consistent on, since the 1980s, is his belief that tariffs are an effective means of boosting the US economy.
https://www.bbc.com/news/articles/c4g2xpev2l3o
There's another more recent theory floating around the newsrooms that in 2016 Trump asked his son in law Jared Kushner to find an economic advisor. Kushner found a book on Amazon titled "Death by China" written by Peter Navarro who is now an official counselor to POTUS. In the book Navarro quoted multiple times from one Ron Vara who spoke about tariffs and who the book said is an economic expert. Turned out that Ron Vara didn't exist and was just an anagram of "Navarro".
aa26a352-1c66-40ab-a84c-c4981a367490.jpg
Dizzy28 wrote:Duane 3NE 2NR wrote:^ Trump has been talking about tariffs since the 1980's
Trump’s Tariff Strategy Can Be Traced Back to the 1980s
https://www.pbs.org/wgbh/frontline/arti ... the-1980s/
Seems he formed he view from watching Lou Dobbs
Trump's tariffs are a longtime goal fulfilled - and his biggest gamble yet
Donald Trump's politics have shifted considerably over his decades in the public sphere. But one thing he has been consistent on, since the 1980s, is his belief that tariffs are an effective means of boosting the US economy.
https://www.bbc.com/news/articles/c4g2xpev2l3o
There's another more recent theory floating around the newsrooms that in 2016 Trump asked his son in law Jared Kushner to find an economic advisor. Kushner found a book on Amazon titled "Death by China" written by Peter Navarro who is now an official counselor to POTUS. In the book Navarro quoted multiple times from one Ron Vara who spoke about tariffs and who the book said is an economic expert. Turned out that Ron Vara didn't exist and was just an anagram of "Navarro".
aa26a352-1c66-40ab-a84c-c4981a367490.jpg
Hmmm....for something so important to him why not do it in his first term though?
Dizzy28 wrote:Duane 3NE 2NR wrote:^ Trump has been talking about tariffs since the 1980's
Trump’s Tariff Strategy Can Be Traced Back to the 1980s
https://www.pbs.org/wgbh/frontline/arti ... the-1980s/
Seems he formed he view from watching Lou Dobbs
Trump's tariffs are a longtime goal fulfilled - and his biggest gamble yet
Donald Trump's politics have shifted considerably over his decades in the public sphere. But one thing he has been consistent on, since the 1980s, is his belief that tariffs are an effective means of boosting the US economy.
https://www.bbc.com/news/articles/c4g2xpev2l3o
There's another more recent theory floating around the newsrooms that in 2016 Trump asked his son in law Jared Kushner to find an economic advisor. Kushner found a book on Amazon titled "Death by China" written by Peter Navarro who is now an official counselor to POTUS. In the book Navarro quoted multiple times from one Ron Vara who spoke about tariffs and who the book said is an economic expert. Turned out that Ron Vara didn't exist and was just an anagram of "Navarro".
aa26a352-1c66-40ab-a84c-c4981a367490.jpg
Hmmm....for something so important to him why not do it in his first term though?
j.o.e wrote:Dizzy28 wrote:Duane 3NE 2NR wrote:^ Trump has been talking about tariffs since the 1980's
Trump’s Tariff Strategy Can Be Traced Back to the 1980s
https://www.pbs.org/wgbh/frontline/arti ... the-1980s/
Seems he formed he view from watching Lou Dobbs
Trump's tariffs are a longtime goal fulfilled - and his biggest gamble yet
Donald Trump's politics have shifted considerably over his decades in the public sphere. But one thing he has been consistent on, since the 1980s, is his belief that tariffs are an effective means of boosting the US economy.
https://www.bbc.com/news/articles/c4g2xpev2l3o
There's another more recent theory floating around the newsrooms that in 2016 Trump asked his son in law Jared Kushner to find an economic advisor. Kushner found a book on Amazon titled "Death by China" written by Peter Navarro who is now an official counselor to POTUS. In the book Navarro quoted multiple times from one Ron Vara who spoke about tariffs and who the book said is an economic expert. Turned out that Ron Vara didn't exist and was just an anagram of "Navarro".
aa26a352-1c66-40ab-a84c-c4981a367490.jpg
Hmmm....for something so important to him why not do it in his first term though?
He did
In January 2018, Trump imposed tariffs on solar panels and washing machines of 30–50%. In March 2018, he imposed tariffs on steel (25%) and aluminum (10%) from most countries, which, according to Morgan Stanley, covered an estimated 4.1% of U.S. imports.
Dizzy28 wrote:Duane 3NE 2NR wrote:^ Trump has been talking about tariffs since the 1980's
Trump’s Tariff Strategy Can Be Traced Back to the 1980s
https://www.pbs.org/wgbh/frontline/arti ... the-1980s/
Seems he formed he view from watching Lou Dobbs
Trump's tariffs are a longtime goal fulfilled - and his biggest gamble yet
Donald Trump's politics have shifted considerably over his decades in the public sphere. But one thing he has been consistent on, since the 1980s, is his belief that tariffs are an effective means of boosting the US economy.
https://www.bbc.com/news/articles/c4g2xpev2l3o
There's another more recent theory floating around the newsrooms that in 2016 Trump asked his son in law Jared Kushner to find an economic advisor. Kushner found a book on Amazon titled "Death by China" written by Peter Navarro who is now an official counselor to POTUS. In the book Navarro quoted multiple times from one Ron Vara who spoke about tariffs and who the book said is an economic expert. Turned out that Ron Vara didn't exist and was just an anagram of "Navarro".
aa26a352-1c66-40ab-a84c-c4981a367490.jpg
Hmmm....for something so important to him why not do it in his first term though?
Yeah but who?bluefete wrote:“These countries are calling us up. Kissing my a**. They are dying to make a deal,” Trump told a group of Republicans on Tuesday evening, hours before the tariffs were set to take hold.
He described foreign leaders essentially groveling to avoid the new tariffs: “Please, please sir, make a deal. I’ll do anything sir.”
https://edition.cnn.com/2025/04/08/poli ... index.html
Dizzy28 wrote:The US has put a pause on or reduced tariffs for 75 countries for a period of 90 days.
https://www.bbc.com/news/live/cp8vyy35g3mt
Duane 3NE 2NR wrote:Dizzy28 wrote:The US has put a pause on or reduced tariffs for 75 countries for a period of 90 days.
https://www.bbc.com/news/live/cp8vyy35g3mt
But increased China's tariffs which now totals 125%
https://www.nbcnews.com/politics/trump- ... rcna200346
President Donald Trump announced a 90-day pause on tariffs for more than 75 trading partners that did not retaliate after his sweeping duties went into effect. China, which did place steep retaliatory tariffs on U.S. goods, will now see an even larger hike in levies on its products, totaling 125%, Trump said.
Treasury Secretary Scott Bessent said after Trump's pause that the tariffs announced a week ago served as a way to get countries to come to the negotiating table.
Both China and the European Union are imposing a fresh set of retaliatory duties on U.S. imports. Beijing said it was hiking retaliatory tariffs to 84% from 34%, while the EU levies, which would come into effect Tuesday, would range from 10% to 25% on more than $24 billion worth of American goods.
The Bamboo Online wrote:Trump did it….Demand for USD will finally go down in Trinidad as prices in USA stores ramp up people and biz men will order less online. We will return to the ole days and buy more from local traders who buy directly from China as their prices suddenly seem cheaper. No more flying to NYC to fill suitcase, less barrels of goodies sending back. Short lines at the port to clear stuff. Skybox will go out of biz. Opportunity abounds
The Bamboo Online wrote:Trump did it….Demand for USD will finally go down in Trinidad as prices in USA stores ramp up people and biz men will order less online. We will return to the ole days and buy more from local traders who buy directly from China as their prices suddenly seem cheaper. No more flying to NYC to fill suitcase, less barrels of goodies sending back. Short lines at the port to clear stuff. Skybox will go out of biz. Opportunity abounds
VexXx Dogg wrote:Man like Dizzy could prob see these signs better than me.
Would this trade war (as it were) strengthen the momentum for BRICS common currency to replace USD for trade?
Return to “Ole talk and more Ole talk”
Users browsing this forum: Duane 3NE 2NR and 95 guests