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The New Coffee Room

  1. TNCR
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  3. Trumpenomics

Trumpenomics

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  • C Offline
    C Offline
    Copper
    wrote 6 days ago last edited by
    #903

    Wow, what a great president.

    1 Reply Last reply
    • J jon-nyc
      6 days ago

      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.

      H Offline
      H Offline
      Horace
      wrote 6 days ago 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.

      J 1 Reply Last reply 6 days ago
      • T taiwan_girl
        6 days ago

        @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.

        8 Offline
        8 Offline
        89th
        wrote 6 days ago 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
        • H Horace
          6 days ago

          @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.

          J Offline
          J Offline
          jon-nyc
          wrote 6 days ago 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.

          Only non-witches get due process.

          • Cotton Mather, Salem Massachusetts, 1692
          1 Reply Last reply
          • H Offline
            H Offline
            Horace
            wrote 5 days ago 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
            • 8 Offline
              8 Offline
              89th
              wrote 5 days ago 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
              • J Offline
                J Offline
                jon-nyc
                wrote 5 days ago last edited by
                #909

                I’ve been reading him at Reason for years.

                Only non-witches get due process.

                • Cotton Mather, Salem Massachusetts, 1692
                1 Reply Last reply
                • C Offline
                  C Offline
                  Copper
                  wrote 4 days ago last edited by Copper
                  #910

                  The importer doesn't like tariffs.

                  Wow.

                  H D 2 Replies Last reply 4 days ago
                  • C Copper
                    4 days ago

                    The importer doesn't like tariffs.

                    Wow.

                    H Offline
                    H Offline
                    Horace
                    wrote 4 days ago 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.

                    R 1 Reply Last reply 4 days ago
                    • C Copper
                      4 days ago

                      The importer doesn't like tariffs.

                      Wow.

                      D Offline
                      D Offline
                      Doctor Phibes
                      wrote 4 days ago last edited by
                      #912

                      @Copper said in Trumpenomics:

                      The importer doesn't like tariffs.

                      Wow.

                      Copper doesn't like it when people criticise President Trump.

                      Wow.

                      I was only joking

                      1 Reply Last reply
                      • H Horace
                        4 days ago

                        @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.

                        R Offline
                        R Offline
                        Renauda
                        wrote 4 days ago last edited by Renauda
                        #913

                        @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.

                        Elbows up!

                        1 Reply Last reply
                        • C Offline
                          C Offline
                          Copper
                          wrote 4 days ago last edited by Copper
                          #914

                          Better than Pete Rose, and still alive. (The rumor is that Mr. Trump got the ban lifted).

                          image.png

                          1 Reply Last reply
                          • J Offline
                            J Offline
                            jon-nyc
                            wrote 4 days ago last edited by jon-nyc
                            #915

                            One out of four of those is actually true.

                            Welcome home, Edan.

                            Only non-witches get due process.

                            • Cotton Mather, Salem Massachusetts, 1692
                            1 Reply Last reply
                            • R Offline
                              R Offline
                              Renauda
                              wrote 4 days ago last edited by
                              #916

                              Edan should be thanking Copper. Profusely thanking Copper.

                              Elbows up!

                              1 Reply Last reply
                              • J Offline
                                J Offline
                                jon-nyc
                                wrote 4 days ago last edited by
                                #917

                                And the Indians and Pakistanis that are suffering from radiation burns from the nuclear conflict they experienced should thank him too. VP Shillbilly and Copper. Both of them.

                                Only non-witches get due process.

                                • Cotton Mather, Salem Massachusetts, 1692
                                1 Reply Last reply
                                • D Offline
                                  D Offline
                                  Doctor Phibes
                                  wrote 4 days ago last edited by
                                  #918

                                  OMG HE STOPPED FENTANYL!

                                  HE WON THE WAR ON DRUGS.

                                  I was only joking

                                  1 Reply Last reply
                                  • J Offline
                                    J Offline
                                    jon-nyc
                                    wrote 4 days ago last edited by
                                    #919

                                    This jives with what I gleaned from a call with the CIO of Merrill about a week ago. They have access to all the BofA retail info which touches about a quarter of all consumers.

                                    They said that the top 10% of earners’ spending is up 7% yoy while the bottom 90% have been retrenching.

                                    Only non-witches get due process.

                                    • Cotton Mather, Salem Massachusetts, 1692
                                    H 1 Reply Last reply 4 days ago
                                    • J jon-nyc
                                      4 days ago

                                      This jives with what I gleaned from a call with the CIO of Merrill about a week ago. They have access to all the BofA retail info which touches about a quarter of all consumers.

                                      They said that the top 10% of earners’ spending is up 7% yoy while the bottom 90% have been retrenching.

                                      H Offline
                                      H Offline
                                      Horace
                                      wrote 4 days ago last edited by
                                      #920

                                      No reason to be cautious, with all those factory jobs coming. I'd be spending like a drunken sailor. Like a drunken sailor who was about to get a sweet factory job.

                                      Education is extremely important.

                                      1 Reply Last reply
                                      • J Offline
                                        J Offline
                                        jon-nyc
                                        wrote 4 days ago last edited by
                                        #921

                                        I’ll admit to being a little surprised. It’s not obvious why they should have been retrenching in Q1. The fear of tariff-related inflation and job losses is more of a future concern. You’d also expect higher income people to be more clued in on the risks than the common man.

                                        Only non-witches get due process.

                                        • Cotton Mather, Salem Massachusetts, 1692
                                        A 1 Reply Last reply 3 days ago
                                        • A Away
                                          A Away
                                          Axtremus
                                          wrote 3 days ago last edited by
                                          #922

                                          It's unprecedented! It's historical!

                                          https://www.washingtonpost.com/business/2025/05/14/trump-tariffs-china-trade/

                                          Since the inauguration on Jan. 20, Trump administration officials have announced new or revised tariff policies more than 50 times, according to a tally by The Washington Post. (A separate tally by Reed Smith, a law firm, has found about 55 such actions.) Trump has issued more than a dozen tariff-related executive orders, or about one per week ..:

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                                          13 May 2025, 21:21


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