Economy Trump's April 2nd Tariffs

[Rob Battisti]

Trump teh great unifier. Got China, Japan, and S Korea to settle their generational differences to.... come together against him and America

https://www.reuters.com/world/china-japan-south-korea-will-jointly-respond-us-tariffs-chinese-state-media-says-2025-03-31/

BEIJING, March 31 (Reuters) - China, Japan and South Korea agreed to jointly respond to U.S. tariffs, a social media account affiliated with Chinese state broadcaster CCTV said on Monday.
The comments came after the three countries held their first economic dialogue in five years on Sunday, seeking to facilitate regional trade as the Asian export powers brace against U.S. President Donald Trump's tariffs.

Japan and South Korea are seeking to import semiconductor raw materials from China, and China is also interested in purchasing chip products from Japan and South Korea, the account, Yuyuan Tantian, said in a post on Weibo.

During Sunday's meeting, the countries' trade ministers agreed to "closely cooperate for comprehensive and high-level" talks on a South Korea-Japan-China free trade agreement deal to promote "regional and global trade", according to a statement released after the meeting.

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Japan and S Korea economically allying with China instead of the US is a problem.

Japan might be finally able to get their united Asia under a red sun after all

 

[cottagecheesefan]

Japan might be finally able to get their united Asia under a red sun after all

They will need to import migrants to buy the cars, as they have horrible birth rates. Oh, but they are all super racist countries. Lol

 

[Siver!]

Liberation day is upon us. Signing the EO shortly along with a presser with all the tariff info, if what I saw is correct.

Give markets and countries a couple days to react

Liberation Day.

An attack on free trade and global economics.

Ultimately, it's going to be a gaping wound in the foot of America.

Good luck to y'all!

 

[HockeyBjj]

Japan might be finally able to get their united Asia under a red sun after all

They look like they’re bowing to China with an enemy of my enemy is my friend stance

 

[44nutman]

Housing market is the next crash. Thanks Trump.
Going to be tough winning a 3rd term during a recession

 

[ChosenOne]

This is why the media is just useless.

Trump is now admitting to coming 'increase in pain due to higher prices from his Tariffs'.


The media, each and every time should ask Trump 'what went wrong? Why is not Canada and Mexico paying the higher cost on vehicles and instead American citizens will have to? Can you explain where things went wrong?'

As each and every price increase impacts the consumer you need one Peter Doocy in the press core to ask that question.

 

[Ludwig von Mises]

Trump admin only cares about lowering rates. Markets gonna crash.

 

[Rob Battisti]

They look like they’re bowing to China with an enemy of my enemy is my friend stance

Don’t like that!

 

[44nutman]

Historians will forever refer to stagflation as Trumpflation.
I keep telling anyone who will listen, it's time to stock up on beans and ammo.
Even if Old Man Trump flip flops once again, it wont help, because now the markets dont trust him.
Market Makers are not some Rube, who buys gold sneakers, or meme coin rug pulls, they understand economics. Every rich dude that makes money in the stock market have been rolling into cash or super safe plays. I followed their lead, but have a big bet that shorts the market that is back to printing. The last dead cat bounce was mostly retail, buying up stocks and one thing market makers plan on, is retail to invest like emotional idiots.
Trumps handlers need to be replaced with Bidens handlers. At least with Biden the market was cooking. The tariffs are fucking dumb while we are still dealing with inflation, of course some regard that posts on a Karate forum knows that, but its crazy not one single person in the US government seems to understand.
I will have puts on the market for a little while, eventually sell for massive gainzzz and then in a couple years use that money to b

 

[MrShady]

Anyone been following this live?

This dude belongs in a nursing home with sleepy joe

Also, fuck Brian. He's gonna get a FAFO real soon with his auto plants LOL.

Dumbo Trumpo declared a trade war with the entire world...this shall be glorious

 

[Andy Capp]

Housing market is the next crash. Thanks Trump.
Going to be tough winning a 3rd term during a recession

Please elaborate on what you call a housing market crash. A crash in prices? A crash in demand--which would lead to a crash in prices... a crash in mortgage defaults? Because for sure the last one is inevitable I think.

 

[Andy Capp]

This is why the media is just useless.

Trump is now admitting to coming 'increase in pain due to higher prices from his Tariffs'.


The media, each and every time should ask Trump 'what went wrong? Why is not Canada and Mexico paying the higher cost on vehicles and instead American citizens will have to? Can you explain where things went wrong?'

As each and every price increase impacts the consumer you need one Peter Doocy in the press core to ask that question.

I don't agree they're at fault. Anyone who might ask is excluded from the event. A similar situation unfolding in the Pierre Poilievre campaign in Canada. He refuses to allow any press to be present at campaign stops, while his shills push bullshit online.

 

[MrShady]

Congratulations to the USA for being the first country in history to embargo itself lol

 

[Source]

Does anyone know what % of vehicles sold in the US are manufactured in the US? I suspect it's relatively high.

The volatility of these changes should be a huge concern to a manufacturer in the US. If they increase capacity to meet the new demand, they might take years doing so and by that time the tariffs are gone and the money is wasted. If they don't increase capacity, and the tariffs stay, then they are losing a great deal of potential money.

In the meanwhile for customers in the US the cost of vehicles will go up.

• In 2024, Americans bought approximately 16 million cars, SUVs, and light trucks, and 50% of these vehicles were imports (8 million).
  • Of the other 8 million vehicles assembled in America and not imported, the average domestic content is conservatively estimated at only 50% and is likely closer to 40%.
  • Therefore, of the 16 million cars bought by Americans, only 25% of the vehicle content can be categorized as Made in America.

Fact Sheet: President Donald J. Trump Adjusts Imports of Automobiles and Automobile Parts into the United States

COUNTERING TRADE PRACTICES THAT THREATEN TO IMPAIR U.S. NATIONAL SECURITY: Today, President Donald J. Trump signed a proclamation invoking Section

www.whitehouse.gov

 

[NickNick]

I wonder what the excuses will be from the cult when everything goes up in price because of this.

 

[BoomStronk]

Housing market is the next crash. Thanks Trump.
Going to be tough winning a 3rd term during a recession

Housing crash is needed.

Real estate prices are insane.

I'm not sure a crash would fix that though. The problem is too much money accumulated in few assholes hands, who then invest that money in people's homes, driving up the cost for everybody and making themselves even richer.

There's a zero percent chance that Trump does anything to threaten real estate though. His gang of parasitic thugs is largely made up of real estate "developers."

 

[CantCucktheTuck]

UAW union is backing trump.

 

[avenue94]

Congratulations to the USA for being the first country in history to embargo itself lol

32% on Taiwan is crippling unless chips are exempt. Jesus.

 

[CantCucktheTuck]

the people who have been proven wrong on policy for the last 50 years are big mad.

 

[Andy Capp]

Housing crash is needed.

Real estate prices are insane.

I'm not sure a crash would fix that though. The problem is too much money accumulated in few assholes hands, who then invest that money in people's homes, driving up the cost for everybody and making themselves even richer.

There's a zero percent chance that Trump does anything to threaten real estate though. His gang of parasitic thugs is largely made up of real estate "developers."

Those are the people who will literally make out like bandits when large numbers of people default on mortgages and those scumbags pick them up at bargain prices.