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More than 50 countries have reached out to the President to begin tariff negotiations
(05-07-2025, 08:18 PM)CriticalStinker Wrote: Let me put it this way. I haven’t removed any of my stock assets.

For one, who the hell knows what he’s going to do? On ATS before it crashed, the popular consensus was Canada and Mexico just had to combat fentanyl and this would be over. No pundit knows, and cabinet officials have flip flopped daily.

Even if we see inflation due to all of this, stock prices usually go up a little bit because of the lower buying power of USD.

You’re right, this won’t be life ending or earth shattering. If it gets bad enough than congress flips and they take back their power of tariffs and the “mandate” is done. None of the presidents before us have made life unbearable even though they were horrible. I suppose you have to ask yourself what makes this run different. If he’s still increased debt, and made things more expensive, is he really as genius as people imply?

His whole campaign was on bringing down prices and putting more money in the pockets of the average American. We’re increasing prices and taxes. We can try and downplay it and assume there’s some boom at home all we want. My guess is the “deals” prevent further tariff increases, and we keep the 10% widely across the board. Then there will be tax cuts that basically wash out any gains against debt from collecting tariffs. American producers raise their prices because they can, and everything is just more expensive, including housing because of material costs.

the narrative will shift to Trump isn’t worse than the others, and a lot of it was their fault to begin with.

I respect your opinions, we will see where we end up. I very well could agree with them in 60 days...

Mostly, there are 7-8 countries he needs to lock down favorable deals with, the others will negotiate sooner or later. I wonder who this is: 

[Image: GqY2KRiXgAALZgT.jpeg]
His mind was not for rent to any god or government
Always hopeful yet discontent, knows changes aren't permanent
But change is 
Professor Neil Ellwood Peart 
 
[Image: PEART-2744335652.gif]

 
[Image: Screenshot%202025-05-08_05-55-13-542.jpg]

It would seem the Brits have issues with their independent trade agreements as well


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https://www.bbc.com/news/articles/c99p2mlyep5o
Quote:This deal has been a long time in the making, with on-off negotiations going on for some three years.
However it appears US President Donald Trump's introduction of tariffs on goods entering America has prompted other world leaders to consider striking free-trade deals with one another.
The UK's deal with India is its third biggest after its agreements with Australia and Japan. For context, the UK has signed trade deals and agreements in principle with about 70 countries and one with the EU.
The EU is the biggest trade partner for both the UK and India. Therefore, a free trade agreement between India and the EU would be more significant than the one with the UK. Both India and the EU have said they aim to finalise this by the end of 2025.
His mind was not for rent to any god or government
Always hopeful yet discontent, knows changes aren't permanent
But change is 
Professor Neil Ellwood Peart 
 
[Image: PEART-2744335652.gif]

 
Mirthful Moments
@moment_mirthful
·Apr 12
@elonmusk
Obama in 2015: “If we don’t write the rules, China will… we’ll lose U.S. jobs.”
Media back then: “Strategic genius

Trump in 2025: Hits China with 125% tariffs to stop the bleeding. .”
Now: “Trump’s dangerous!”

Same damn message..

Trump just had the balls to do it. Hypocrites.

[Image: Gp2rYN9W8AAf1qe.jpeg]
His mind was not for rent to any god or government
Always hopeful yet discontent, knows changes aren't permanent
But change is 
Professor Neil Ellwood Peart 
 
[Image: PEART-2744335652.gif]

 
If the lower one digit Trillion GDP countries side with China, then the U.S. will be in big trouble. Other Asian countries are also thumbing their nose at trading with the U.S. Do the math.

Wikipedia:

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Many countries are looking for stable trading partners with free trade.


"The only journey is the one within."
(05-08-2025, 09:18 AM)quintessentone Wrote: If the lower one digit Trillion GDP countries side with China, then the U.S. will be in big trouble. Other Asian countries are also thumbing their nose at trading with the U.S. Do the math.

Wikipedia:

[Image: https://denyignorance.com/uploader/image...m6crtk.jpg]

Many countries are looking for stable trading partners with free trade.

[Video: https://www.youtube.com/watch?v=jT6JX7CykKI]

Well that is a silly way to compare. The 2024 USA GDP breaks down as follows:

  Personal consumption        goods:   $6,243 billion
                           services:   $13,582 billion
  Gross private domestic investment    $5,273 billion
  Net exports of goods and services    $-903.1 billion
  Government consumption expenditures  $4,990 billion
  TOTAL                                $29,184 billion


The thing to look at is net exports of goods and services, which breaks down like this (2024):

  Exports       goods: $2,059 billion
             services: $1,121 billion
  Imports       goods: $-3,261 billion
             services: $-822 billion
  TOTAL                $-903 billion


Other countries will of course have different proportions and spending, etc.


Edit: Source
(05-08-2025, 09:49 AM)UltraBudgie Wrote: Well that is a silly way to compare. The 2024 USA GDP breaks down as follows:

  Personal consumption        goods:   $6,243 billion
                           services:   $13,582 billion
  Gross private domestic investment    $5,273 billion
  Net exports of goods and services    $-903.1 billion
  Government consumption expenditures  $4,990 billion
  TOTAL                                $29,184 billion


The thing to look at is net exports of goods and services, which breaks down like this (2024):

  Exports       goods: $2,059 billion
             services: $1,121 billion
  Imports       goods: $-3,261 billion
             services: $-822 billion
  TOTAL                $-903 billion


Other countries will of course have different proportions and spending, etc.


Edit: Source

Yes, I was too vague using only GDP, but my main point is other countries are now looking elsewhere from the U.S. as in diversification...so you can still do the math.
"The only journey is the one within."
(05-08-2025, 09:54 AM)quintessentone Wrote: Yes, I was too vague using only GDP, but my main point is other countries are now looking elsewhere from the U.S. as in diversification...

Yes I agree however that is not necessarily a bad thing perhaps

(05-08-2025, 09:54 AM)quintessentone Wrote: so you can still do the math.

Lol no thonks that is quite enough nummers for today I hope Smile
(05-08-2025, 10:00 AM)UltraBudgie Wrote: Yes I agree however that is not necessarily a bad thing perhaps


Lol no thonks that is quite enough nummers for today I hope Smile

LOL I'll make it easier for you:

https://tradingeconomics.com/united-stat...e-of-trade

"The US trade deficit widened to $140.5 billion in March 2025, reaching a fresh record high, compared to forecasts of a $137 billion shortfall."

Of course, these numbers can change for the better or worse, it's early days.
"The only journey is the one within."
Trade wars can lead to real wars, just saying.

They want to kill the U.S. dollar...




This may push the U.S. to rev up the war machine industry and look for new wars...cha ching. The U.S. may also to take a page out of Putin's playbook and start annexing other countries...cha ching.
"The only journey is the one within."
(05-08-2025, 10:34 AM)quintessentone Wrote: Trade wars can lead to real wars, just saying.

They want to kill the U.S. dollar...

[Video: https://www.youtube.com/watch?v=Czm4mnFUViQ]

This may push the U.S. to rev up the war machine industry and look for new wars...cha ching. The U.S. may also to take a page out of Putin's playbook and start annexing other countries...cha ching.

Is this the short stories thread or the premonitions and predictions thread?

Percentages, on something like what you are suggesting, occurring are less than 5%, probably lower

But of course, our collective paranoia and fear of war is particularly high, and it's always on the cusp, especially now.

Reality is...

It depends on whether the MIC war machine is satiated with just Russia/Ukraine, Israel/Gaza/Hezbollah/Syria, and India/Pakistan
How these conflicts end, and how soon, all 3 of these situations could easily escalate unless diplomacy is firmly applied to the situation
His mind was not for rent to any god or government
Always hopeful yet discontent, knows changes aren't permanent
But change is 
Professor Neil Ellwood Peart 
 
[Image: PEART-2744335652.gif]