Economy Trump's April 2nd Tariffs

[GreatSaintGuillotine]

So do you guys want free trade or do you want to bring manufacturing back lol?

Cause this makes no sense if your goal is to bring back manufacturing. Cause this will still make it cheaper to import shit than to manufacturer it.

This is the issue with this whole ordeal.

Whichever option will own the libs is the likely answer.

 

[OldFashion]

 

[GreatSaintGuillotine]

https://www.cnbc.com/2025/04/06/stock-market-today-live-updates.html

Stock market goes haywire after ‘fake news’ reports on future of Trump’s tariff plan

Claims that Kevin Hassett said Donald Trump is considering a 90-day pause on tariffs appear to be false

www.independent.co.uk

 

[Satsui Ryu]

I posted this in the 'how bad is Trump for tourism' thread, but I think more of the shittalking was here. So:

I generally agree with this sentiment, but it's not like Trump supporters have exactly been cordial either. The whole liberal tears, owning the libs, mean Tweets, etc. The thing about Trump is he fuels the flames of negativity to his advantage. It's to the point where it gives the impression that Trump's policies are built strictly o I t of spite.

I do agree we need to chill out on the rhetoric as a whole, but with someone like Trump at there who intentionally brings out the worst in people that will be very tough.

 

[gspieler]

We had 2 terms of Clinton and 2 terms of Obama. Neither addressed this issue. Blaming a president who left office nearly 40 years ago is a bit of a stretch.

It doesn't matter who did it. It’s a problem that needs addressing and we are too poor to do so.

Regan championed the policies that led us down the path where we’re at. Bush I and Bush further promoted those policies. Clinton and Obama were both pragmatists, who didn’t further push the neocon agenda, but also didn’t do much to stop the wave.

 

[Kingz]

So do you guys want free trade or do you want to bring manufacturing back lol?

Cause this makes no sense if your goal is to bring back manufacturing. Cause this will still make it cheaper to import shit than to manufacturer it.

This is the issue with this whole ordeal.

That sort of assumes that every country or trade bloc has the same effect on US manufacturing. They don’t. Some are simply about massive trade imbalances and the fact that they slap tariffs on the US while expecting free trade with the US.

I personally want the tariffs to stay and even for them escalate for re-industrialization purpose but that has A LOT more to do with tariffs on China, Mexico and a few others. Mostly China…rather than the EU and many others.

Zero for zero is the preferable objective and outcome for the vast majority of countries so deal will be made with no effect on US manufacturing.

If zero for zero was on the table for China and a few others, then i would agree that this is just a game of chicken for the sake of a game of chicken…But it won’t be

Edit:China and potential proxies. So a lot of smaller countries that currently don’t have a lot of trade with the US but were slapped with tariffs will also need to remain under tariffs in case China attempts to use them as a front

 

[lowlife]

https://finance.yahoo.com/news/tariffs-lead-2-million-fewer-130613271.html

2 million less cars sold because of Tariffs. Going to see a lot of Michigan women with OnlyFans accounts.
All those union workers who supported Trump are now presenting their faces to Leopards

Nobody wants to see that.

 

[King Joffery]

Yo how's this working out for ya?

Pretty good, at first it looked like it could be a dead cat bounce but he is bouncing back up again, very bouncy cat. Overall I'm up about 1.5% today. Still time for the panickers in here to get back in cheaply before it properly recovers.

 

[Hellowhosthat]

Pretty good, at first it looked like it could be a dead cat bounce but he is bouncing back up again, very bouncy cat. Overall I'm up about 1.5% today. Still time for the panickers in here to get back in cheaply before it properly recovers.

I think it's gonna be down again at the end of day tbh. We'll see but I think it ends the day lower than it started.

 

[Limbo Pete]

retard

Lolololllll

 

[Voodoo_Child906]

Pretty good, at first it looked like it could be a dead cat bounce but he is bouncing back up again, very bouncy cat. Overall I'm up about 1.5% today. Still time for the panickers in here to get back in cheaply before it properly recovers.

Or drops even more, without further insight it's really just gambling right now.

 

[Seano]

Regan championed the policies that led us down the path where we’re at. Bush I and Bush further promoted those policies. Clinton and Obama were both pragmatists, who didn’t further push the neocon agenda, but also didn’t do much to stop the wave.

So what matters is who we think started it, not that its still an issue that we can't seem to properly address?

 

[Seano]

So do you guys want free trade or do you want to bring manufacturing back lol?

Cause this makes no sense if your goal is to bring back manufacturing. Cause this will still make it cheaper to import shit than to manufacturer it.

This is the issue with this whole ordeal.

Both but not the faux version of free trade we have now.

 

[curryjunkie]

Yes, of course it's all the liberals fault.

dont be silly, its @Croo67 ....... its the illegals fault..

 

[Rational Poster]

Pretty good, at first it looked like it could be a dead cat bounce but he is bouncing back up again, very bouncy cat. Overall I'm up about 1.5% today. Still time for the panickers in here to get back in cheaply before it properly recovers.

lmao

 

[MTT]

Trump threatening China with further tariffs if they don't back down by tomorrow.

https://truthsocial.com/@realDonaldTrump/posts/114297331052690348

 

[Last Falconry]

(guy rummaging through the dumpster outside an apartment complex for aluminum cans): buy the dip while you still can, fellas

 

[BFoe]

Ah, so now you're advising patience and dealing with the unpleasantness in the meantime?

Where is this 4 trillion going to come from? We're massively in debt.

Discussing anything related to economics with you is so damn tiresome.

I will amend one thing I said, I had forgotten that the 4 trillion we initially presented was whittled down eventually (thanks Republicans and Joe Manchin) into 2 bills, the Inflation Reduction Act and the Infrastructure and Jobs Act. So probably more like 2.5-3 trillion, not 4.
Still an absolutely massive investment in various types of infrastructure.

Here is a list of the things in the Infrastructure bill.
Here is article breaking down the Inflation Reduction Act.
Yes, I know full well that you won’t read either one let alone understand them.

Did our bills do anything good? A bunch of Republicans sure seemed to think so; here’s a bunch of them who voted against these bills trying to take credit for the benefits we brought to their states.

https://www.politico.com/news/2024/06/10/house-republicans-infrastructure-funding-vote-no-00162361

Were used to that though—not only did republicans do that with the 2 bills I mentioned, they did it with the CHIPs and Science Act too.

Republicans cheer spending from bill they opposed — again

Lawmaker who voted against the CHIPS and Science Act are now welcoming funding for projects related to energy, climate change and other priorities.

www.eenews.net

Where is the money going to come from? Where were you when all of this literally happened, and was News, and was discussed? We put mechanisms into the bills to help pay for them. We put a provision in that makes the wealthiest corporations who had been avoiding taxes pay 15%. As a result, that trillion-plus-dollar Inflation Reduction Act bill is practically 100% paid for.

As to the Infrastructuee bill, here is a look at where the infrastructure money is going:

As to where it came from

“Taking a closer look at that nearly $432 billion for highways, $110+ billion in supplemental funding (for predominantly highway competitive grant programs) is sourced from general funds from the US Treasury, i.e, paid for with tax dollars from every American and not just gas taxes In a notable change from historic practice, these supplemental funds will be appropriated in advance of other priorities in the annual budget process

This supplemental funding from all taxpayers is layered on about $312 billion sourced from the gas-tax-funded Highway Trust Fund (HTF). 87 percent (about $271 billion) of those trust fund dollars is directed to formula programs and will be spent at the discretion of states and metro areas (within the contours of the policy Congress wrote.)“

Show me the money: Financial breakdown of the infrastructure law - Transportation For America

A month has passed since the $1.2 trillion infrastructure deal was signed into law. There is much to unpack as to exactly how much money there is for the surface transportation program and how it can be used.

t4america.org

To try and equate in any way, shape, or form, the fact that it takes time to build infrastructure which we need and already have massive funding approved for, with Trump purposely crashing the global economy to “solve” an imaginary, made up problem is asinine.

Look, if you think there’s more to be done with infrastructuee, I agree and am for more funding. But it’s going to take years and sometimes decades to see the results, because building infrastructure takes a long time.

 

[Big Nasty Edison]

I've been sick of a lot of things but I don't attack you for them.

What? Sick of things that don't actually affect you in your insulated rural Maine? Things like trans rights or women's rights? A bunch of stupid culture war shit? DEI policies when you live in a 99.9999% white place and probably haven't seen a minority person in weeks or months?

Gtfo. Normal people who don't live in the sticks are tired of being hurt by right wing bullshit policies that just want to harm others you deem less than human. So kindly fuck off and fuck off some more.

 

[Deorum]

Great, a race to the bottom. Thanks for voting for this.

It never happened. Why would I vote for the fucking ghouls that have been plotting and scheming to sell off the birthright of my children to foreign entities, multinational corporations, and private interests since before I was even born.

You can always give HB1 visas to all the illegals that are getting deported I suppose.

The deported illegals don't have the necessary skill sets for those jobs any more than ordinary citizens do (and they're nowhere close to minimum wage), that's the principle reason there are so many going unfilled. If nothing else, it should put an end to a persistent side conversation in this thread. It's cringe inducing to see the right squeal about manufacturing, and the left concede on it with an angry counter by pointing out the bigger economic picture. It's clear as day that nobody actually follows the sector to be making the definitive statements they are.

I keep waiting for them to have an epiphany

like come on man just get it , don't you get it.

It's like they can't bring themselves to ask thee most important question.....what are we doing that is making people hate us so much that they would rather have Trump as president.

I'm baffled by the parties behavior and absolute lack of self awareness.

I'm holding out hope that they stop attempting to molest the 2A, start believing in the territorial integrity of the nation-state they claim to represent, and offer something better than the status quo on public lands the next time they send me letters in the mail pleading to register and vote for them.



Also In @BFoe starts a 2A fight in here.



I'm sure you won't be able to resist taking the bait, though.