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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Trumpenomics

Trumpenomics

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  • A Offline
    A Offline
    Axtremus
    wrote on 9 Apr 2025, 22:03 last edited by Axtremus 4 Sept 2025, 22:07
    #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
    • A Offline
      A Offline
      Axtremus
      wrote on 9 Apr 2025, 22:56 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
      • J Online
        J Online
        jon-nyc
        wrote on 9 Apr 2025, 23:33 last edited by
        #616

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

        Only non-witches get due process.

        • Cotton Mather, Salem Massachusetts, 1692
        H 1 Reply Last reply 9 Apr 2025, 23:43
        • J jon-nyc
          9 Apr 2025, 23:33

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

          H Offline
          H Offline
          Horace
          wrote on 9 Apr 2025, 23:43 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
          • J Online
            J Online
            jon-nyc
            wrote on 10 Apr 2025, 01:28 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
            • L Offline
              L Offline
              LuFins Dad
              wrote on 10 Apr 2025, 01:36 last edited by
              #619

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

              The Brad

              1 Reply Last reply
              • L Offline
                L Offline
                LuFins Dad
                wrote on 10 Apr 2025, 01:37 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 10 Apr 2025, 05:25 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
                  • J Online
                    J Online
                    jon-nyc
                    wrote on 10 Apr 2025, 20:19 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
                    • A Offline
                      A Offline
                      Axtremus
                      wrote on 10 Apr 2025, 21:05 last edited by
                      #623

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

                      1 Reply Last reply
                      • J Online
                        J Online
                        jon-nyc
                        wrote on 10 Apr 2025, 22:14 last edited by
                        #624

                        Only non-witches get due process.

                        • Cotton Mather, Salem Massachusetts, 1692
                        1 Reply Last reply
                        • L Offline
                          L Offline
                          LuFins Dad
                          wrote on 11 Apr 2025, 00:03 last edited by
                          #625

                          Good lord. The comments…

                          The Brad

                          1 Reply Last reply
                          • H Offline
                            H Offline
                            Horace
                            wrote on 11 Apr 2025, 00:05 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
                            • J Online
                              J Online
                              jon-nyc
                              wrote on 11 Apr 2025, 02:33 last edited by jon-nyc 4 Nov 2025, 10:28
                              #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
                              • J Online
                                J Online
                                jon-nyc
                                wrote on 11 Apr 2025, 03:22 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
                                • J Online
                                  J Online
                                  jon-nyc
                                  wrote on 11 Apr 2025, 12:29 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
                                  • 8 Offline
                                    8 Offline
                                    89th
                                    wrote on 11 Apr 2025, 12:55 last edited by
                                    #630

                                    I think of Larry every time I hear about the gold price. 🙂

                                    1 Reply Last reply
                                    • A Offline
                                      A Offline
                                      Axtremus
                                      wrote on 11 Apr 2025, 13:06 last edited by Axtremus 4 Nov 2025, 13:10
                                      #631

                                      Op-ed praising Trump's genius tariff moves, comparing Trump to Tuft, McKinley, Ford, Reagan:

                                      https://www.usatoday.com/story/opinion/columnist/2025/04/10/trump-tariffs-pause-stock-market-manipulation/83019881007/

                                      1 Reply Last reply
                                      • J Online
                                        J Online
                                        jon-nyc
                                        wrote on 11 Apr 2025, 14:36 last edited by
                                        #632

                                        Only non-witches get due process.

                                        • Cotton Mather, Salem Massachusetts, 1692
                                        1 Reply Last reply
                                        • 8 Offline
                                          8 Offline
                                          89th
                                          wrote on 11 Apr 2025, 14:42 last edited by
                                          #633

                                          An odd situation. The Chinese economy is under stress (real estate, demographics, etc), and they are highly reliant on exports. Then again, there are other customers to export to than the USA. On our side, the USA is highly reliant on Chinese exports both for end products but also supply chain for so many companies. Really it seems to be more about two power egos fighting it out than realistic long-term international trade objectives. Not sure how it plays out but it will be interesting to see in a year or so how it compares to December 2024 numbers.

                                          T 1 Reply Last reply 12 Apr 2025, 02:11
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