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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Trumpenomics

Trumpenomics

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  • 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 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

            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 Offline
                  jon-nycJ Offline
                  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 Offline
                      jon-nycJ Offline
                      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 Offline
                          HoraceH Offline
                          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 Offline
                            jon-nycJ Offline
                            jon-nyc
                            wrote on 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 Offline
                              jon-nycJ Offline
                              jon-nyc
                              wrote on 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 Offline
                                jon-nycJ Offline
                                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
                                • 89th8 Offline
                                  89th8 Offline
                                  89th
                                  wrote last edited by
                                  #630

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

                                  1 Reply Last reply
                                  • AxtremusA Offline
                                    AxtremusA Offline
                                    Axtremus
                                    wrote last edited by Axtremus
                                    #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
                                    • jon-nycJ Offline
                                      jon-nycJ Offline
                                      jon-nyc
                                      wrote last edited by
                                      #632

                                      Only non-witches get due process.

                                      • Cotton Mather, Salem Massachusetts, 1692
                                      1 Reply Last reply
                                      • 89th8 Offline
                                        89th8 Offline
                                        89th
                                        wrote 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.

                                        taiwan_girlT 1 Reply Last reply
                                        • jon-nycJ Offline
                                          jon-nycJ Offline
                                          jon-nyc
                                          wrote last edited by
                                          #634

                                          This is definitely a bad time for China to have a trade war. The question is how much pain is he willing to subject his peasantry to in order to save face for China and himself.

                                          Only non-witches get due process.

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