More than 50 countries have reached out to the President to begin tariff negotiations

[AngryOldBrewer]

Lot's of American now realizing how much the past trade agreements have been screwing them as taxpayers. They're sick and tired of hearing the BS   We want our money back from all the robbers 

Well, Trump created and signed the USMCA last time in office. So according to that logic, he was also screwing us as taxpayers. I am one of those very sick of hearing all the bullshit and I would love to see our money back. However, I think lot's of Americans at this point, 60 days in, seem pretty disenfranchised. They aren't thinking of all the bad things democrats have done to them, they are thinking of all the potential bad stuff that could happen right now. Yes, media has a large involvement in some of the manufactured hysteria, but there would be no issue if we hadn't tariffed the world. Trump has already said he is tanking the economy on purpose (probably so he can announce a national emergency and gain complete control through the Insurrection act in areas like communication, surveillance, use of military force in local skirmishes and declare Martial law in Democratic cities "over run with left wing extremists and illegals"), not why I voted for him or what I expected at all. Now he is threatening China with an additional 50% tariff if they don't remove their retaliation tariff on America by Wednesday. First, I don't think strong-arming the world is going to make us more of a super power than we already were. If anything, it will drive other countries to form relationships with eachother and exclude the US. And why not? 
Tariffs this large and blanketing (I believe tariffs are typically put on goods, not whole countries) are no good in my book. I believe in having a unified front (which we aren't right now), this just makes us untrustworthy.

[UltraBudgie]

So which of these theories is more plausible:

1. Trump is secretly being controlled by the US Federal Reserve board, who realize that high interest rates on the debt are untenable and will lead to a long-term spiraling economic downturn. They need the excuse to lower interest rates and refinance the debt under more favourable terms, as well as establishing a tariff-based income stream. This fits into their long-term goals of refactoring the configuration of international trade.

2. Trump is secretly being controlled by the City of London, who wish post-Brexit wish to leverage their independence from EU trade aggregation. By piecemeal replacing international trade frameworks with a new treaty structure, the weakened G7 can be evolved into a system (the T8?) that greatly decreases the overall influence of the EU and China, and increases the dominance of UK-aligned nations.

3. Trump just wants to crash the economy and blame it on others and appear on the $250 bill. Suck it, Obama!

[putnam6]

No doubt the tariffs need to be straightened out. From what I've seen it looks like some of the math used to calculate what we are being charged is a little fuzzy, but that will be worked out with negotiations.

I was just pointing out Trumps showmanship coupled with the news needing to add drama creates more chaos.

As far as it being easier to implement tariffs, and then negotiate a deal vs the other way around? It sounds like splitting hairs.

From what Im seeing it looks like Trump is using the implementation of tariffs to send the message that its time to make a deal. He could have done that in less dramatic ways.

Perhaps he could have, it's not as if he isn't dealing with 2 wars hostile media and the stunned left etc. 

 It just seems it is being overdramatized on TV and digital and social media... 



Nikkei one one-day losses aren't even in the top 10 of all time.

It just dropped 12.4% last August and had recouped those losses pretty much in 7 months.

In my business we have spent most of the day telling our clients tariffs won't affect most of our prices till we place our orders merch for Fall. We could have special orders here and there but our industry usually eats those and waits to adjust pricing once landed costs have been calculated on the large seasonal orders. 

We don't even know what the final Chinese tariffs will be, with some suppliers they may eat that cost some will split it

[IdeomotorPrisoner]

Freaking tail wagging dog politics and I can't adapt.

Well I got to back off the isolationist thing temporarily. It appears we've entered the protracted United States-World Trade Agreement negotiation phase.

“Maybe almost 70” countries have reached out to the White House about negotiating tariffs, Bessent told Fox, including Japan, whose Prime Minister Ishiba spoke to Trump today.

Bessent expects Japan to “get priority” in negotiations in exchange for having come to the table quickly.

“It’s going to be a busy April, May, maybe into June,” he said.

Well, get busy, because the markets want them all between 1 and 5 percent.

Could just say

"My fellow Americans, I have decided to troll the world for a free Trade agreement!"

Did we elected a Dagny Taggart/Wizard of Oz hybrid or something?

I'm all for objectivist financial shenanigans, but I'm going to stop letting him take me for a ride on these. If this ends up at or near a world free trade agreement it would be very prosperous for everyone. I didn't think he knew that though, with all his isolationist/protectionist smoke and mirrors.

China can get a hard line because they are China and you can't be a paper tiger with them, but he needs to get everyone else on a fair-deal fast track.

The tariffs are themselves smoke and mirrors. It's actually a less screwed up thing to do to other countries than randomly detain their citizens that may have stayed too long or made money on a travel visa.

There is spirit and letter of law. Detaining the UK artist for three weeks is NOT spirit of law. Scaring people from vacationing here is spiritless. That coupled with (actual sensible tariff plan) makes it seem like a bigger jackass move than it is. Even if it will lead somewhere worldly beneficial, it fits in with all the other mean-spirited crap he does. It goes with the xenophobic good-ol-boy ICE agents getting off on pushing people around like storm troopers.

[xuenchen]

Perhaps by not parroting Trump's lies?

Sorry sparky, I never mentioned anything Trump said in that post. 

[xuenchen]

@AngryOldBrewer

The economy isn't tanking 

[xuenchen]

So which of these theories is more plausible:

1. Trump is secretly being controlled by the US Federal Reserve board, who realize that high interest rates on the debt are untenable and will lead to a long-term spiraling economic downturn. They need the excuse to lower interest rates and refinance the debt under more favourable terms, as well as establishing a tariff-based income stream. This fits into their long-term goals of refactoring the configuration of international trade.

2. Trump is secretly being controlled by the City of London, who wish post-Brexit wish to leverage their independence from EU trade aggregation. By piecemeal replacing international trade frameworks with a new treaty structure, the weakened G7 can be evolved into a system (the T8?) that greatly decreases the overall influence of the EU and China, and increases the dominance of UK-aligned nations.

3. Trump just wants to crash the economy and blame it on others and appear on the $250 bill. Suck it, Obama!

Which one makes the most non-sense is the question 

What if Trump's not being controlled by anybody and isn't crashing the economy? 

These other countries are all going to end up lowering Tariffs to near zero soon. Very soon. The Tariffs Trump is using is extremely fatal to the others, not the U.S. 

[UltraBudgie]

Which one makes the most non-sense is the question 

What if Trump's not being controlled by anybody and isn't crashing the economy? 

These other countries are all going to end up lowering Tariffs to near zero soon. Very soon. The Tariffs Trump is using is extremely fatal to the others, not the U.S. 

No! It all must be wheels within wheels! Curtains behind curtains! Buckles on buttercups!

We must remain true to the heritage of this forum.



But seriously, the G7 is getting a little stale, isn't it? An eventual replacement has been in the cards ever since China got MFN status in the 90s, in my opinion. Might we be seeing the start of that? Certainly some response to BRICS must be made, lest they sup America's midday meal.

[RickyD]

Oh Gawd.

Let's not turn DI into what ATS became.....

--Mod edit - Encia22 - Snipped off topic comment--

You don't have to visit threads like this or reply or even read posts you don't like or agree with. Change always starts from within!

[xuenchen]

No pause in tariffsDuring a meeting with Israeli Prime Minister Benjamin Netanyahu, Mr. Trump confirmed on Monday that he's not looking at any pauses in tariffs. When reporters asked about mixed messages from his administration on whether the tariffs are permanent or open to negotiation, the president said "they both can be true."
 
"We have many, many countries that are coming to negotiate deals with us, and they're going to be fair deals," Mr. Trump said. "No other president's going to do this, what I'm doing."
The president also said there are "other things besides tariffs" that could be open to negotiation, like other countries' "standards and tests" that Mr. Trump said make trading more difficult, but he didn't provide further details.
"Hang tough"

Article is CBS so be aware of red herrings and tangents and deflective mind benders!

What Trump has said about tariffs as stock market reacts


DOW30 Futures moving up a little!!