Tuesday, April 08, 2025

US Forges Ahead with 104% Tariffs on China

The United States said on Tuesday that 104% duties on imports from China will take effect shortly after midnight ...

Posted by qcp at 11:30 PM | 30 COMMENTS | permalink

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NEWS: In a massive escalation, Donald Trump has increased his additional tariffs on China to 104%

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-- MeidasTouch (@meidastouch.com) April 8, 2025 at 1:02 PM

Comments

10 a.m.: Dow up 1,400 pts
3 p.m.: Dow down 300 pts and falling

#1 | Posted by Sycophant at 2025-04-08 03:13 PM

Sorry. Down 400 now.

My 401(K) can't take much more of this "winning".

If the market REALLY thought this was going to bring back all this manufacturing, it wouldn't be crashing.

#2 | Posted by Sycophant at 2025-04-08 03:20 PM

www.youtube.com

#3 | Posted by qcp at 2025-04-08 03:39 PM

And now we are down 800.

#4 | Posted by Sycophant at 2025-04-08 03:48 PM

"If the market REALLY thought this was going to bring back all this manufacturing, it wouldn't be crashing.
#2 | Posted by Sycophant"

So now Wall Street is more important than Main Street in the Dem mind to justify your continual whining?

#5 | Posted by ScottS at 2025-04-09 12:04 AM


@#5 ... So now Wall Street is more important than Main Street in the Dem mind to justify your continual whining? ...

That depends.

If you follow the Republican line, and say that privatized retirement accounts are the goal for the future, well, then, yes.

But if you stay with things like Social Security, then no.


#6 | Posted by LampLighter at 2025-04-09 12:12 AM

... and if you go with the Republican approach ...

Charted: Stock market performance under Trump 2.0
www.axios.com

Yeah the chart in that article may be creating concerns for those who reply upon their privatized retirement funds.


#7 | Posted by LampLighter at 2025-04-09 12:15 AM

"But if you stay with things like Social Security, then no.
#6 | Posted by LampLighter"

Want to make a bet on the value of the Dow 6 months from now?

#8 | Posted by ScottS at 2025-04-09 12:17 AM

So now Wall Street is more important than Main Street...
#5 | Posted by ScottS

Main street thinks Trump is an idiot too.

#9 | Posted by johnny_hotsauce at 2025-04-09 12:28 AM

@#8 ... Want to make a bet on the value of the Dow 6 months from now? ...

No.

Because I would also not want to make a bet upon Pres Trump's policy decisions 6 hours from now.


The value of the Dow is based upon certainty in the economy. CEO forecasts that are based upon what they see going forward.


The Trump tariffs are forcing CEOs to lead through uncertainty. Here's how the best executives guide their teams in tough times
fortune.com

... Just a few months ago, as CEOs packed the front row at the U.S. presidential inauguration, the business mood was optimistic. The stock market was soaring, crypto was headed to the moon, Elon Musk was rooting out D.C. inefficiencies, and regulation was receding.

Today that optimism has been replaced with caution. This is not the same President Trump we've seen before. Once a novice to the gummed-up processes in Washington, he is now moving with the benefit of hindsight and four years' experience. This Trump is more powerful and faster at putting his agenda to work, removing barriers that previously held him back. ...


OK, stated differently, and a more direct answer to the question your current alias proffered ..,

Wanna make a bet of what tariff policies Pres Trump will state six days from now?

Your current alias is talking in a time frame of months, while the whimsical Pres Trump seems to work in a minute-by-minute time frame.

So, no, I'll not take your current alias up on that wager.




#10 | Posted by LampLighter at 2025-04-09 12:33 AM

"#10 | Posted by LampLighter"

Smart boy - it will save you the embarrassment of walking back whatever ridiculous statements you make now.

#11 | Posted by ScottS at 2025-04-09 12:39 AM

Because I would also not want to make a bet upon Pres Trump's policy decisions 6 hours from now.

Good call. The Masters is this weekend. Lewzer won't have time for that "policy" nonsense.

#12 | Posted by REDIAL at 2025-04-09 12:40 AM

"Main street thinks Trump is an idiot too.
#9 | Posted by johnny_hotsauce"

Which explains why March job creation was 2x higher than the economist forecasts? Please, expand on your nonsense so we can see it in its full splendor.

#13 | Posted by ScottS at 2025-04-09 12:41 AM

#13

March jobs, April tariffs bring May crash.

Nuckin' Fidiouts

#14 | Posted by et_al at 2025-04-09 01:17 AM

@#13 ... Which explains why March job creation was 2x higher than the economist forecasts? ...

www.whitehouse.gov

... In March, the U.S. added 228,000 jobs - nearly 100,000 more jobs than economists predicted ...


The numbers do not seem to match up with your current alias' assertion.

Care to explain why?



#15 | Posted by LampLighter at 2025-04-09 01:21 AM

@#14 ... March jobs, April tariffs ...

Good observation.

The jobs numbers (and many other economic indicators) are backward-looking.

i.e., last month.

What has happened, as opposed to what might happen.

But, for the CEOs, well, their job is to look forward.

Try to plan upon what may happen.

And the CEOs have been raising concerns about the uncertainty.

#16 | Posted by LampLighter at 2025-04-09 01:39 AM

So now Wall Street is more important than Main Street in the Dem mind to justify your continual whining?

#5 | Posted by ScottS

Do you come here just to say the stupidest s*&^ you can think of?

No, you stupid f*&^, it's not more important.

But you're delusional if you think Main Street is going anywhere without it.

Now STFU and go sit back down at the kid's table, idiot.

#17 | Posted by jpw at 2025-04-09 02:03 AM

Want to make a bet on the value of the Dow 6 months from now?

#8 | Posted by ScottS

Depends on whether you're betting it will continue to sink or rise.

Because it's not going to rise with the current attitude in office.

#18 | Posted by jpw at 2025-04-09 02:04 AM

Smart boy - it will save you the embarrassment of walking back whatever ridiculous statements you make now.

#11 | Posted by ScottS

LOL bets on whether this s*&^heap already has a backup account here to switch to?

#19 | Posted by jpw at 2025-04-09 02:10 AM

"Want to make a bet on the value of the Dow 6 months from now?"

Depends. What name will you be posting under by then?

#20 | Posted by Danforth at 2025-04-09 02:18 AM

"The numbers do not seem to match up with your current alias' assertion.
Care to explain why
#15 | Posted by LampLighter "

Your numbers support my statement -------.

#21 | Posted by ScottS at 2025-04-09 03:50 AM

"Depends on whether you're betting it will continue to sink or rise.
Because it's not going to rise with the current attitude in office.
#18 | Posted by jpw"

That kind of thinking is why you are stuck washing beakers for $15/hour.

#22 | Posted by ScottS at 2025-04-09 03:51 AM

That kind of thinking is why you are stuck washing beakers for $15/hour.

#22 | POSTED BY SCOTTS

This dumbs%^# has definitely been here.

I can't remember their previous name, but there's only been one poster who made that stupid dig about washing beakers.

And they're definitely an abysmally stupid pile of whiny righty s%^*.

#23 | Posted by jpw at 2025-04-09 08:27 AM

#24 | Posted by qcp at 2025-04-09 09:05 AM

China slaps 84% retaliatory tariffs on U.S. goods in response to the-------------

www.cnbc.com

#25 | Posted by reinheitsgebot at 2025-04-09 09:06 AM

China is about the only country I consider supporting tariffs but 104%?

Countries that don't trade with each other tend to go to war with each other.

#26 | Posted by BellRinger at 2025-04-09 07:09 PM

Now STFU and go sit back down at the kid's table, idiot.

#17 | Posted by jpw

glad I came here just to read originally.

more proof you're an illiterate little man

"

#27 | Posted by shrimptacodan at 2025-04-09 10:05 PM

"more proof you're an illiterate little man"

Posts the guy who hasn't learned punctuation or capitalization. And posts a quote mark, alone.

Comedy gold, Jerry!

#28 | Posted by Danforth at 2025-04-09 11:11 PM

"So now Wall Street is more important than Main Street in the Dem mind to justify your continual whining?"

Us Democrats have actually read our history books unlike Trump and his cult followers. Stock Market is a good indicator for coming recession or even depression. We do understand though that erratic behavior by Trump doesn't bother you because you can't really understand that erratic behavior is not just Trump being Trump; it's also a symptom of mental instability of the President! But hey, that's OK because Donald Trump is a stable genius!

#29 | Posted by danni at 2025-04-10 12:05 PM

"So now Wall Street is more important than Main Street in the Dem mind to justify your continual whining?"

Why do Republicans have no idea how the economy works?

When Wall Street suffers, Main Street suffers more.

#30 | Posted by snoofy at 2025-04-10 12:09 PM

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