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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Trumpenomics

Trumpenomics

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  • jon-nycJ Online
    jon-nycJ Online
    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 Online
      jon-nycJ Online
      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 Offline
          AxtremusA Offline
          Axtremus
          wrote on last edited by
          #613

          Trump undoes Liberation Day, and the market rejoices.

          The market hates Liberation.

          1 Reply Last reply
          • AxtremusA Offline
            AxtremusA Offline
            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 Offline
              AxtremusA Offline
              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 Online
                jon-nycJ Online
                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 Online
                  HoraceH Online
                  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 Online
                    jon-nycJ Online
                    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

                      1 Reply Last reply
                      • LuFins DadL Offline
                        LuFins DadL Offline
                        LuFins Dad
                        wrote on last edited by
                        #620

                        I think the boat fees are actually as big as the tariffs…

                        The Brad

                        1 Reply Last reply
                        • A Offline
                          A Offline
                          AndyD
                          wrote on last edited by
                          #621

                          How are the farmers
                          of America taking this?
                          Are they more likely to plant crops or sell their machines?

                          E.g. China has been stockpiling soybeans, and Brazil is an alternative supplier. Chinese import tax on US soybeans is now 104% ?

                          1 Reply Last reply
                          • jon-nycJ Online
                            jon-nycJ Online
                            jon-nyc
                            wrote on last edited by
                            #622

                            We have 9T of debt that matures in 2025, all of which we need to reissue and of course Trump will issue several trillion more.

                            Only non-witches get due process.

                            • Cotton Mather, Salem Massachusetts, 1692
                            1 Reply Last reply
                            • AxtremusA Offline
                              AxtremusA Offline
                              Axtremus
                              wrote on last edited by
                              #623

                              Maybe this time Trump will say "China will pay for it."

                              1 Reply Last reply
                              • jon-nycJ Online
                                jon-nycJ Online
                                jon-nyc
                                wrote on last edited by
                                #624

                                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
                                  #625

                                  Good lord. The comments…

                                  The Brad

                                  1 Reply Last reply
                                  • HoraceH Online
                                    HoraceH Online
                                    Horace
                                    wrote on last edited by
                                    #626

                                    I'm unsurprised that economic destruction is no big deal to people with nothing economic to lose.

                                    Education is extremely important.

                                    1 Reply Last reply
                                    • jon-nycJ Online
                                      jon-nycJ Online
                                      jon-nyc
                                      wrote last edited by jon-nyc
                                      #627

                                      If this was 4D chess to get interest rates down for debt refinancing, I think the fat man got mated in 6 moves.

                                      Only non-witches get due process.

                                      • Cotton Mather, Salem Massachusetts, 1692
                                      1 Reply Last reply
                                      • jon-nycJ Online
                                        jon-nycJ Online
                                        jon-nyc
                                        wrote last edited by
                                        #628

                                        Dollar index against a currency basket.

                                        IMG_4091.jpeg

                                        Only non-witches get due process.

                                        • Cotton Mather, Salem Massachusetts, 1692
                                        1 Reply Last reply
                                        • jon-nycJ Online
                                          jon-nycJ Online
                                          jon-nyc
                                          wrote last edited by
                                          #629

                                          From UBS:

                                          Treasury Secretary Bessent said that they saw nothing unusual in yesterday’s market moves.

                                          The 30yr treasury experienced the biggest increase since 1982, equities are falling, the dollar is falling, and gold hit an all time high.

                                          Economists might consider this pattern not entirely usual.

                                          Only non-witches get due process.

                                          • Cotton Mather, Salem Massachusetts, 1692
                                          1 Reply Last reply
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