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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Trumpenomics

Trumpenomics

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  • J Offline
    J Offline
    jon-nyc
    wrote 19 days ago last edited by
    #937

    Only non-witches get due process.

    • Cotton Mather, Salem Massachusetts, 1692
    1 Reply Last reply
    • J Offline
      J Offline
      jon-nyc
      wrote 14 days ago last edited by
      #938

      IMG_5428.jpeg

      Only non-witches get due process.

      • Cotton Mather, Salem Massachusetts, 1692
      1 Reply Last reply
      • J Offline
        J Offline
        jon-nyc
        wrote 14 days ago last edited by
        #939

        Wait, I thought foreigners paid the tariffs.

        IMG_5429.jpeg

        Only non-witches get due process.

        • Cotton Mather, Salem Massachusetts, 1692
        1 Reply Last reply
        • 8 Offline
          8 Offline
          89th
          wrote 14 days ago last edited by
          #940

          I know this is wasted CO2 at this point but how does Trump have the "power" to point to a specific company and tell them they're going to pay a 25% tax on their products?

          1 Reply Last reply
          • A Offline
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            Axtremus
            wrote 14 days ago last edited by
            #941

            I vaguely recall there is a political ideology that says the government centrally controls what you produce. What's that called again?

            L 1 Reply Last reply 13 days ago
            • J Offline
              J Offline
              jon-nyc
              wrote 14 days ago last edited by jon-nyc
              #942

              Of course it would cost way more than 25% of the iPhone price just to manufacture them here, to say nothing of the cost of building new plants, etc, to accommodate a policy that will be voided by the next administration. So we'll get more expensive phones AND no jobs.

              Win-win!

              Only non-witches get due process.

              • Cotton Mather, Salem Massachusetts, 1692
              1 Reply Last reply
              • H Online
                H Online
                Horace
                wrote 14 days ago last edited by
                #943

                Tim Cook made a valiant effort to explain things to him in the white house last week, but apparently to no avail. Trump lives in his own economic reality. So, this will just be a drag on America's greatest company, to no benefit to anybody, other than maybe Apple's international competition.

                Education is extremely important.

                A 1 Reply Last reply 14 days ago
                • H Horace
                  14 days ago

                  Tim Cook made a valiant effort to explain things to him in the white house last week, but apparently to no avail. Trump lives in his own economic reality. So, this will just be a drag on America's greatest company, to no benefit to anybody, other than maybe Apple's international competition.

                  A Offline
                  A Offline
                  Axtremus
                  wrote 14 days ago last edited by
                  #944

                  @Horace said in Trumpenomics:

                  So, this will just be a drag on America's greatest company, ...

                  No, this will not be a drag on the Trump Organization.

                  1 Reply Last reply
                  • J Offline
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                    jon-nyc
                    wrote 14 days ago last edited by
                    #945

                    And foreign governments know this too.

                    IMG_5439.png

                    Only non-witches get due process.

                    • Cotton Mather, Salem Massachusetts, 1692
                    1 Reply Last reply
                    • A Axtremus
                      14 days ago

                      I vaguely recall there is a political ideology that says the government centrally controls what you produce. What's that called again?

                      L Offline
                      L Offline
                      LuFins Dad
                      wrote 13 days ago last edited by
                      #946

                      @Axtremus said in Trumpenomics:

                      I vaguely recall there is a political ideology that says the government centrally controls what you produce. What's that called again?

                      The Democrat Party. Congratulations on getting a Democrat in the White House.

                      The Brad

                      1 Reply Last reply
                      😂
                      • A Offline
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                        Axtremus
                        wrote 13 days ago last edited by
                        #947

                        Back to 50% tariffs for the EU.

                        https://truthsocial.com/@realDonaldTrump/114556968834547173

                        ... Our discussions with them are going nowhere! Therefore, I am recommending a straight 50% Tariff on the European Union, starting on June 1, 2025. ...

                        1 Reply Last reply
                        • H Online
                          H Online
                          Horace
                          wrote 12 days ago last edited by
                          #948

                          I opened my trading app and saw futures were up a little. So naturally I went straight to truth social.

                          image.png

                          What I am relieved by about this one, is that the setup and rug-pull happened entirely between sessions. No chance of cronies trading inside info.

                          Education is extremely important.

                          1 Reply Last reply
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                            Axtremus
                            wrote 9 days ago last edited by
                            #949

                            New terminology for the market: the TACO trade.

                            https://www.cbsnews.com/amp/news/trump-taco-trade-trump-always-chickens-out-what-it-means/

                            J 1 Reply Last reply 7 days ago
                            • L Offline
                              L Offline
                              LuFins Dad
                              wrote 9 days ago last edited by
                              #950

                              That’s a stupid approach to take from a markets analyst. He’s actually trying to goad Trump into not reconsidering tariffs and to pull the trigger…

                              The Brad

                              H 1 Reply Last reply 7 days ago
                              • A Offline
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                                Axtremus
                                wrote 8 days ago last edited by
                                #951

                                Hmmmm .....

                                https://finance.yahoo.com/news/a-us-trade-court-just-blocked-a-wide-swath-of-trumps-tariffs-here-are-the-duties-that-may-be-impacted-014546260.html

                                Court of International Trade halted Trump's tariffs.

                                1 Reply Last reply
                                • H Online
                                  H Online
                                  Horace
                                  wrote 8 days ago last edited by
                                  #952

                                  Presenting a unified and confident front to the rest of the world in our unilaterally declared world trade war over nothing.

                                  Education is extremely important.

                                  1 Reply Last reply
                                  • A Axtremus
                                    9 days ago

                                    New terminology for the market: the TACO trade.

                                    https://www.cbsnews.com/amp/news/trump-taco-trade-trump-always-chickens-out-what-it-means/

                                    J Offline
                                    J Offline
                                    jon-nyc
                                    wrote 7 days ago last edited by
                                    #953

                                    @Axtremus said in Trumpenomics:

                                    New terminology for the market: the TACO trade.

                                    It’s getting memed a lot now.

                                    Maybe the real liberation was all the tacos we ate along the way.

                                    IMG_5567.jpeg

                                    Only non-witches get due process.

                                    • Cotton Mather, Salem Massachusetts, 1692
                                    1 Reply Last reply
                                    • 8 Offline
                                      8 Offline
                                      89th
                                      wrote 7 days ago last edited by
                                      #954

                                      What's more concerning is Trump wasn't aware of the TACO acronym until a reporter had to explain it to him. I know he doesn't, but he would do very well to have some sort of brave employee telling him the reality "out there" so he's at least aware. But dare we interrupt his false reality...

                                      1 Reply Last reply
                                      • L LuFins Dad
                                        9 days ago

                                        That’s a stupid approach to take from a markets analyst. He’s actually trying to goad Trump into not reconsidering tariffs and to pull the trigger…

                                        H Online
                                        H Online
                                        Horace
                                        wrote 7 days ago last edited by
                                        #955

                                        @LuFins-Dad said in Trumpenomics:

                                        That’s a stupid approach to take from a markets analyst. He’s actually trying to goad Trump into not reconsidering tariffs and to pull the trigger…

                                        Plenty of people out there hoping Trump damages the economy as much as possible. I'm sure they'll take the opportunity to goad Trump into more macho tariffs.

                                        Education is extremely important.

                                        1 Reply Last reply
                                        • A Offline
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                                          Axtremus
                                          wrote 6 days ago last edited by
                                          #956

                                          Trump says he plans to double steel, aluminum tariffs to 50%
                                          https://www.reuters.com/business/trump-says-he-plans-double-steel-tariffs-50-2025-05-30/

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                                          24 May 2025, 02:15


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