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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Trumpenomics

Trumpenomics

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  • taiwan_girlT Online
    taiwan_girlT Online
    taiwan_girl
    wrote on last edited by taiwan_girl
    #892

    There have to be people in the administration who talk the "party line" and then go home and have a strong gargle with salt water to clear out their mouth. Not sure who these people are however.

    1 Reply Last reply
    • Doctor PhibesD Offline
      Doctor PhibesD Offline
      Doctor Phibes
      wrote on last edited by
      #893

      Good news, chaps - we'll soon be able to afford to own British cars. Because if there's one thing I miss about blighty it's standing there in the pouring fucking rain trying to get the bloody thing to start.

      Trump reduces tarriff on British cars, steel and aluminium to 10%

      You only get a 'u' with aluminium

      I was only joking

      1 Reply Last reply
      • jon-nycJ Offline
        jon-nycJ Offline
        jon-nyc
        wrote on last edited by
        #894

        "You never know what worse luck your bad luck has saved you from."
        -Cormac McCarthy

        1 Reply Last reply
        • HoraceH Online
          HoraceH Online
          Horace
          wrote on last edited by
          #895

          Sounds about right.

          Education is extremely important.

          1 Reply Last reply
          • taiwan_girlT Online
            taiwan_girlT Online
            taiwan_girl
            wrote on last edited by
            #896

            For my view, I think that we could find alternatives for the rare earth minerals, etc.

            For me, the more concern is that China is moving in to our traditional allies. The US has lost some of its trusted status, which is a bigger long term problem.

            1 Reply Last reply
            • jon-nycJ Offline
              jon-nycJ Offline
              jon-nyc
              wrote on last edited by
              #897

              "You never know what worse luck your bad luck has saved you from."
              -Cormac McCarthy

              1 Reply Last reply
              • AxtremusA Offline
                AxtremusA Offline
                Axtremus
                wrote on last edited by
                #898

                h/t WTG

                People started sharing receipts for tariffs charged to them:

                https://www.buzzfeed.com/meganeliscomb/trump-tariff-receipts-may-2025

                1 Reply Last reply
                • jon-nycJ Offline
                  jon-nycJ Offline
                  jon-nyc
                  wrote on last edited by
                  #899

                  So we’re apparently backing down to 30% tariffs on China and vice versa for 90 days to have time to make some kind of deal. Futures markets are happy.

                  "You never know what worse luck your bad luck has saved you from."
                  -Cormac McCarthy

                  taiwan_girlT 1 Reply Last reply
                  • jon-nycJ jon-nyc

                    So we’re apparently backing down to 30% tariffs on China and vice versa for 90 days to have time to make some kind of deal. Futures markets are happy.

                    taiwan_girlT Online
                    taiwan_girlT Online
                    taiwan_girl
                    wrote on last edited by
                    #900

                    @jon-nyc When all is finished it will be interesting to see a table of before tariffs vs after tariffs for various countries and see how much (if any) change there was.

                    89th8 1 Reply Last reply
                    • HoraceH Online
                      HoraceH Online
                      Horace
                      wrote on last edited by
                      #901

                      And it will be interesting to see the "concessions" America gets. My guess is, almost nothing meaningful. Because I'm still not convinced that the rest of the world was "ripping us off" as we became the richest nation on earth.

                      Education is extremely important.

                      1 Reply Last reply
                      • jon-nycJ Offline
                        jon-nycJ Offline
                        jon-nyc
                        wrote on last edited by
                        #902

                        Well they backed their reciprocal tariff down from 125% to 30% also. Not clear whether they’ve backed off the rare earths moratorium. I haven’t heard about it so I’m guessing not.

                        "You never know what worse luck your bad luck has saved you from."
                        -Cormac McCarthy

                        HoraceH 1 Reply Last reply
                        • CopperC Offline
                          CopperC Offline
                          Copper
                          wrote on last edited by
                          #903

                          Wow, what a great president.

                          1 Reply Last reply
                          • jon-nycJ jon-nyc

                            Well they backed their reciprocal tariff down from 125% to 30% also. Not clear whether they’ve backed off the rare earths moratorium. I haven’t heard about it so I’m guessing not.

                            HoraceH Online
                            HoraceH Online
                            Horace
                            wrote on last edited by
                            #904

                            @jon-nyc said in Trumpenomics:

                            Well they backed their reciprocal tariff down from 125% to 30% also. Not clear whether they’ve backed off the rare earths moratorium. I haven’t heard about it so I’m guessing not.

                            I mean, concessions as compared to status quo before the world trade war was declared by Trump.

                            Education is extremely important.

                            jon-nycJ 1 Reply Last reply
                            • taiwan_girlT taiwan_girl

                              @jon-nyc When all is finished it will be interesting to see a table of before tariffs vs after tariffs for various countries and see how much (if any) change there was.

                              89th8 Offline
                              89th8 Offline
                              89th
                              wrote on last edited by
                              #905

                              @taiwan_girl said in Trumpenomics:

                              @jon-nyc When all is finished it will be interesting to see a table of before tariffs vs after tariffs for various countries and see how much (if any) change there was.

                              Also need to account for GDP and/or jobs lost, and cost increase to citizens, for what seems to be a completely pointless exercise in bullying.

                              1 Reply Last reply
                              • HoraceH Horace

                                @jon-nyc said in Trumpenomics:

                                Well they backed their reciprocal tariff down from 125% to 30% also. Not clear whether they’ve backed off the rare earths moratorium. I haven’t heard about it so I’m guessing not.

                                I mean, concessions as compared to status quo before the world trade war was declared by Trump.

                                jon-nycJ Offline
                                jon-nycJ Offline
                                jon-nyc
                                wrote on last edited by
                                #906

                                @Horace said in Trumpenomics:

                                @jon-nyc said in Trumpenomics:

                                Well they backed their reciprocal tariff down from 125% to 30% also. Not clear whether they’ve backed off the rare earths moratorium. I haven’t heard about it so I’m guessing not.

                                I mean, concessions as compared to status quo before the world trade war was declared by Trump.

                                They are bragging that there were none and that they’re the only country being treated as an equal.

                                "You never know what worse luck your bad luck has saved you from."
                                -Cormac McCarthy

                                1 Reply Last reply
                                • HoraceH Online
                                  HoraceH Online
                                  Horace
                                  wrote on last edited by
                                  #907

                                  Count John Stossel, boomer conservative, in with those who don't think the tariffs are a good idea. The set of people who like them remains limited to Trump and exactly two of his advisors.

                                  Link to video

                                  Education is extremely important.

                                  1 Reply Last reply
                                  • 89th8 Offline
                                    89th8 Offline
                                    89th
                                    wrote on last edited by
                                    #908

                                    I've enjoyed Stossel's segments ever since his "give me a break" segments during 20/20 back in the 90's.

                                    1 Reply Last reply
                                    • jon-nycJ Offline
                                      jon-nycJ Offline
                                      jon-nyc
                                      wrote on last edited by
                                      #909

                                      I’ve been reading him at Reason for years.

                                      "You never know what worse luck your bad luck has saved you from."
                                      -Cormac McCarthy

                                      1 Reply Last reply
                                      • CopperC Offline
                                        CopperC Offline
                                        Copper
                                        wrote on last edited by Copper
                                        #910

                                        The importer doesn't like tariffs.

                                        Wow.

                                        HoraceH Doctor PhibesD 2 Replies Last reply
                                        • CopperC Copper

                                          The importer doesn't like tariffs.

                                          Wow.

                                          HoraceH Online
                                          HoraceH Online
                                          Horace
                                          wrote on last edited by
                                          #911

                                          @Copper said in Trumpenomics:

                                          The importer doesn't like tariffs.

                                          Wow.

                                          It's so typical that when you punch someone in the face, they'll just whine about how much it hurt. They have no idea how predictable and tedious that whining is. It happens almost every time someone gets punched in the face.

                                          Education is extremely important.

                                          RenaudaR 1 Reply Last reply
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