Economy Trump's April 2nd Tariffs

[Crazy Source]

FWIW if enough investors feel like there is rigging going on at such a high level they may act accordingly which will not exactly help Trump either. I don't think there really needs to be an SEC investigation if enough investors start getting suspicious.

Why don't you think a SEC investigation is necessary? That's supposed to be their job. It shouldn't fall on citizens that have little to no power. Of course, this SEC under Trump will never do anything for fear of reprisal. We talked about that the other day. This is just more brazen corruption from an administration full of criminals.

 

[Crazy Source]

China to US: "new phone who dis"

This will be horrible for soybean farmers. China has already started to shift to Brazil for them, but this will be devastating.

 

[Neph]

America's economy is bigger and more battle hardened. China's has holes through it. Both rely heavily on each other and if this goes on it will cause enormous troubles globally. In a race to catastrophe, China hits rock bottom first is my guess.

It's hard to predict who backs down. Both are now led by populist, right leaning strong men who need to appear powerful.

Worst case scenario? Nobody backs down, a global recession occurs and China arms up, dividing the globe into two economically. Some countries willingly join their new economic coalition, while others nearby are threatened into it with military action or outright taken over. Neighbours immediately around China are the most likely to join, willing or not. Russia and other declared enemies of the US are obviously guaranteed entrants. Two new global economies form: China and their allies, and US and their allies.

Best case scenario? Everyone calms the fuck down for a bit and it goes back to normal.

 

[lsa]

April 11 (Reuters) - A senior JPMorgan (JPM.N), opens new tab Asset Management investment strategist said he has held back on some of his public comments on U.S. tariffs due to concerns about the impact his full opinions would have on his colleagues and on the Wall Street bank.
In a webinar titled "The 2025 Tariff Shock", Michael Cembalest, chair of market and investment strategy and a Wall Street veteran, said he had not been able to fully express his views on the potential impacts of the tariffs on markets and economies.

"This is the first time I've ever had to do a call where I had to think about the things that I was saying, not just in terms of how they reflect our views on markets and economics," Cembalest said in comments made towards the end of the webinar.
"But I had to think about how they might reflect on the firm and some of its colleagues at a time when people are being held accountable for their views and the things that they say in ways that they probably shouldn't be."So I've said most of what I wanted to say on this call but not all of it."

https://www.reuters.com/markets/us/jpmorgan-analyst-says-he-now-tempers-public-comments-us-tariffs-2025-04-11/

 

[Deorum]

This will be horrible for soybean farmers. China has already started to shift to Brazil for them, but this will be devastating.

This is exactly what happened during his first term with the tariffs and why farmers (not just soybeans) needed tens of billions in bailouts.

 

[Deorum]

He is definitely going to do it, lol. Trade is one of the areas where the executive is able to wield a lot of unilateral power, and I think he relishes that. This shit was hilarious.



It all went to farmer bailouts. Weeee!

92 Percent of Trump’s China Tariff Proceeds Has Gone to Bail Out Angry Farmers

www.cfr.org

It was the thing everyone most remembered.

https://www.politico.com/news/2020/07/14/donald-trump-coronavirus-farmer-bailouts-359932

Government payments to farmers have surged to historic levels under President Donald Trump as the Agriculture Department floods the industry with cash to stem the financial losses from Trump’s tariff fights and the coronavirus pandemic.

Direct farm aid has climbed each year of Trump’s presidency, from $11.5 billion in 2017 to more than $32 billion this year — an all-time high, with potentially far more funding still to come in 2020, amounting to about two-thirds of the cost of the entire Department of Housing and Urban Development and more than the Agriculture Department’s $24 billion discretionary budget, according to a POLITICO analysis.

The massive payments have been a political boon to Trump in farm country — he tweeted in January that he hoped the money would be “the thing they will most remember” — but risk creating a culture of dependency, as farmers and ranchers work the bonus subsidies into their financial plans when making large, up-front investments in seed, feed and farm machinery.

@BFoe

 

[Crazy Source]

This is exactly what happened during his first term with the tariffs and why farmers (not just soybeans) needed tens of billions in bailouts.

Better stock up on fermented bean curd. Love that stuff.

 

[Crazy Source]

America's economy is bigger and more battle hardened. China's has holes through it. Both rely heavily on each other and if this goes on it will cause enormous troubles globally. In a race to catastrophe, China hits rock bottom first is my guess.

It's hard to predict who backs down. Both are now led by populist, right leaning strong men who need to appear powerful.

Worst case scenario? Nobody backs down, a global recession occurs and China arms up, dividing the globe into two economically. Some countries willingly join their new economic coalition, while others nearby are threatened into it with military action or outright taken over. Neighbours immediately around China are the most likely to join, willing or not. Russia and other declared enemies of the US are obviously guaranteed entrants. Two new global economies form: China and their allies, and US and their allies.

Best case scenario? Everyone calms the fuck down for a bit and it goes back to normal.

The Chinese populace will take much more of a hit without revolt than Americans. That's a huge advantage in this fight.

 

[Neph]

The Chinese populace will take much more of a hit without revolt than Americans. That's a huge advantage in this fight.

Hm, possibly. I hadn't thought of that!

 

[Crazy Source]

Hm, possibly. I hadn't thought of that!

Most of us are very soft. And most of the patriotism will vanish when shit doesn't go their way. I've been told that the Chinese are very nationalist.

 

[Rob Battisti]

Whats your timeline on China backing down? They just announced more tariffs lol

They will back down. Check how much the Yuan has been devalued already

 

[Rob Battisti]

The crypto and off shore windmills not as important anymore?

Does that make him any less of a retard overall? There were things I agreed on with that decrepit senile old man Joseph Biden as well.

 

[lsa]

Most of us are very soft. And most of the patriotism will vanish when shit doesn't go their way. I've been told that the Chinese are very nationalist.

lets not forget that demonstrating dont always ends well in China

 

[MrShady]

They will back down. Check how much the Yuan has been devalued already

I'm no expert but I believe they're devaluing it on purpose to strengthen their exports.

Politically, Xi won't back down because the CCP don't have any particular constituents to answer to in the short term whereas Trump still has pressure (upcoming midterms) to not sink the economy.

I guess we'll see but you don't have a timeline on when China backs down?

 

[AWilder]

This is exactly what happened during his first term with the tariffs and why farmers (not just soybeans) needed tens of billions in bailouts.

Fool me once...

 

[BFoe]

Fool me once...

 

[Rob Battisti]

I'm no expert but I believe they're devaluing it on purpose to strengthen their exports.

Politically, Xi won't back down because the CCP don't have any particular constituents to answer to in the short term whereas Trump still has pressure (upcoming midterms) to not sink the economy.

I guess we'll see but you don't have a timeline on when China backs down?

I mean, definitely harder because they are an authoritarian government. But, I see capitulation or a disaster for them.

They could not back down for sure, it would really hurt their economy. Maybe they don’t care.

 

[Deorum]

America's economy is bigger and more battle hardened. China's has holes through it. Both rely heavily on each other and if this goes on it will cause enormous troubles globally. In a race to catastrophe, China hits rock bottom first is my guess.

It's hard to predict who backs down. Both are now led by populist, right leaning strong men who need to appear powerful.

Worst case scenario? Nobody backs down, a global recession occurs and China arms up, dividing the globe into two economically. Some countries willingly join their new economic coalition, while others nearby are threatened into it with military action or outright taken over. Neighbours immediately around China are the most likely to join, willing or not. Russia and other declared enemies of the US are obviously guaranteed entrants. Two new global economies form: China and their allies, and US and their allies.

Best case scenario? Everyone calms the fuck down for a bit and it goes back to normal.

You know what the tragedy of this shit is? It isn't even America "lashing out" as empire declines, and it organically loses influence. China was getting fucking smoked and left in the dust post-pandemic. If anything, all this is going to do is give them a second wind, particularly when going out of your way to alienate, strain, and potentially sever existing multifaceted alliances.

 

[Crazy Source]

Fool me once...

Fool me once.....and the second time not only can you slam me no lube I'll let you bang my sister.

 

[matheuss92]

They will back down. Check how much the Yuan has been devalued already

Hmm, Yuan devaluation, almost something China has been doing for decades in order to be as competitive as possible when it comes to exportation. You telling me now they dont even have to force it anymore?

All those goods, now cheaper than ever, will 100% go to europe and south america.