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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Trumpenomics

Trumpenomics

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  • MikM Away
    MikM Away
    Mik
    wrote on last edited by
    #600

    So much for dollar cost averaging.

    “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

    1 Reply Last reply
    • HoraceH Offline
      HoraceH Offline
      Horace
      wrote on last edited by
      #601

      Trump made an escalating trade war with China, feel like a cool summer breeze. I guess that's 4D chess for you.

      Education is extremely important.

      RenaudaR 1 Reply Last reply
      • 89th8 Offline
        89th8 Offline
        89th
        wrote on last edited by
        #602

        1 Reply Last reply
        😆
        • HoraceH Horace

          Trump made an escalating trade war with China, feel like a cool summer breeze. I guess that's 4D chess for you.

          RenaudaR Offline
          RenaudaR Offline
          Renauda
          wrote on last edited by
          #603

          @Horace

          . I guess that's 4D chess for you.

          Not at all. More like contract whist or, as we used to call it in the Mess Hall, Bugger your Neighbour.

          Elbows up!

          1 Reply Last reply
          • jon-nycJ Offline
            jon-nycJ Offline
            jon-nyc
            wrote on last edited by
            #604

            Interesting thought experiment.

            alt text

            Only non-witches get due process.

            • Cotton Mather, Salem Massachusetts, 1692
            1 Reply Last reply
            • HoraceH Offline
              HoraceH Offline
              Horace
              wrote on last edited by
              #605

              The presidential election version of that is "I'd vote for a can of soup over Trump". More of a pithy comment than a thought experiment, though bravo to the writer for the carefully crafted description of a bag of bricks.

              Education is extremely important.

              1 Reply Last reply
              • HoraceH Offline
                HoraceH Offline
                Horace
                wrote on last edited by
                #606

                Lutnick and Navarro are probably among the few people in the country to be disappointed by this pause. Trump supporters who were excited about tariffs, are now probably just excited by this brilliant negotiating tactic of pausing the tariffs.

                Navarro and Lutnick are joined in their disappointment, by protectionist populist far-left types, I guess.

                Education is extremely important.

                RenaudaR 1 Reply Last reply
                • kluursK Offline
                  kluursK Offline
                  kluurs
                  wrote on last edited by
                  #607

                  Link to video

                  1 Reply Last reply
                  • HoraceH Horace

                    Lutnick and Navarro are probably among the few people in the country to be disappointed by this pause. Trump supporters who were excited about tariffs, are now probably just excited by this brilliant negotiating tactic of pausing the tariffs.

                    Navarro and Lutnick are joined in their disappointment, by protectionist populist far-left types, I guess.

                    RenaudaR Offline
                    RenaudaR Offline
                    Renauda
                    wrote on last edited by
                    #608

                    @Horace

                    Navarro and Lutnick are joined in their disappointment, by protectionist populist far-left types, I guess.

                    Lutnick does look a lot like Lenin.

                    Coincidence?

                    Elbows up!

                    1 Reply Last reply
                    • jon-nycJ Offline
                      jon-nycJ Offline
                      jon-nyc
                      wrote on last edited by
                      #609

                      Auto market research firm Telemetry estimates 1.8MM fewer new cars will be sold this year. Last year total sales were ~15MM, so this is over 10% drop.

                      Only non-witches get due process.

                      • Cotton Mather, Salem Massachusetts, 1692
                      1 Reply Last reply
                      • jon-nycJ Offline
                        jon-nycJ Offline
                        jon-nyc
                        wrote on last edited by
                        #610

                        Obviously vehicle dependent, but here are average new taxes by brand.

                        IMG_4072.jpeg

                        Only non-witches get due process.

                        • Cotton Mather, Salem Massachusetts, 1692
                        1 Reply Last reply
                        • jon-nycJ Offline
                          jon-nycJ Offline
                          jon-nyc
                          wrote on last edited by jon-nyc
                          #611

                          Do we have any Tata cars in the US? And who’s Geely?

                          Only non-witches get due process.

                          • Cotton Mather, Salem Massachusetts, 1692
                          taiwan_girlT 1 Reply Last reply
                          • kluursK Offline
                            kluursK Offline
                            kluurs
                            wrote on last edited by
                            #612

                            Next time, everyone pay attention...

                            image.png

                            1 Reply Last reply
                            • AxtremusA Away
                              AxtremusA Away
                              Axtremus
                              wrote on last edited by
                              #613

                              Trump undoes Liberation Day, and the market rejoices.

                              The market hates Liberation.

                              1 Reply Last reply
                              • AxtremusA Away
                                AxtremusA Away
                                Axtremus
                                wrote on last edited by Axtremus
                                #614

                                Suppose you're a businessman, what would you do with this "90 day pause"? Import more before high tariffs kick in again?

                                As a consumer, what would you do? Accelerate buying imported stuff that you planned to purchase anyway before the tariffs situation changes again?

                                Anybody thinks "let's move more manufacturing back onshore before the high tariffs kick in again"?

                                1 Reply Last reply
                                • AxtremusA Away
                                  AxtremusA Away
                                  Axtremus
                                  wrote on last edited by
                                  #615

                                  As posted by Trump on Truth Social on April 4, 2025:

                                  TO THE MANY INVESTORS COMING INTO THE UNITED STATES AND INVESTING MASSIVE AMOUNTS OF MONEY, MY POLICIES WILL NEVER CHANGE, ...

                                  https://truthsocial.com/@realDonaldTrump/posts/114279756371714617

                                  1 Reply Last reply
                                  • jon-nycJ Offline
                                    jon-nycJ Offline
                                    jon-nyc
                                    wrote on last edited by
                                    #616

                                    And with 25% on aluminum, steel, and autos.

                                    Only non-witches get due process.

                                    • Cotton Mather, Salem Massachusetts, 1692
                                    HoraceH 1 Reply Last reply
                                    • jon-nycJ jon-nyc

                                      And with 25% on aluminum, steel, and autos.

                                      HoraceH Offline
                                      HoraceH Offline
                                      Horace
                                      wrote on last edited by
                                      #617

                                      @jon-nyc said in Trumpenomics:

                                      And with 25% on aluminum, steel, and autos.

                                      I was thinking along these lines. Glad someone quantified it. The escalating trade war with china, remains a big deal.

                                      Education is extremely important.

                                      1 Reply Last reply
                                      • jon-nycJ Offline
                                        jon-nycJ Offline
                                        jon-nyc
                                        wrote on last edited by
                                        #618

                                        Some more precision. Doesn’t look like it’s higher overall but consumer goods are.

                                        Only non-witches get due process.

                                        • Cotton Mather, Salem Massachusetts, 1692
                                        1 Reply Last reply
                                        • LuFins DadL Offline
                                          LuFins DadL Offline
                                          LuFins Dad
                                          wrote on last edited by
                                          #619

                                          Yes, but China’s a hit more people are willing to take…

                                          The Brad

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