Trumpenomics
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wrote 10 days ago last edited by
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.
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wrote 9 days ago last edited by
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wrote 8 days ago last edited by
h/t WTG
People started sharing receipts for tariffs charged to them:
https://www.buzzfeed.com/meganeliscomb/trump-tariff-receipts-may-2025
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wrote 6 days ago last edited by
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.
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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.
wrote 6 days ago last edited by@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.
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wrote 6 days ago last edited by
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.
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wrote 6 days ago last edited by
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.
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wrote 6 days ago last edited by
Wow, what a great president.
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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.
wrote 6 days ago last edited by@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.
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@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.
wrote 6 days ago last edited by@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.
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@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.
wrote 6 days ago last edited by@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.
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wrote 5 days ago last edited by
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 -
wrote 5 days ago last edited by
I've enjoyed Stossel's segments ever since his "give me a break" segments during 20/20 back in the 90's.
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wrote 5 days ago last edited by
I’ve been reading him at Reason for years.
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wrote 5 days ago last edited by Copper
The importer doesn't like tariffs.
Wow.
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wrote 5 days ago last edited by
@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.
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wrote 5 days ago last edited by
@Copper said in Trumpenomics:
The importer doesn't like tariffs.
Wow.
Copper doesn't like it when people criticise President Trump.
Wow.
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@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.
wrote 5 days ago last edited by Renauda@Horace said in Trumpenomics:
@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.
Then just throw him an elbow to the head and keep your eye on the play. Works for me.
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wrote 5 days ago last edited by Copper
Better than Pete Rose, and still alive. (The rumor is that Mr. Trump got the ban lifted).
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wrote 5 days ago last edited by jon-nyc
One out of four of those is actually true.
Welcome home, Edan.