Skip to content
  • Categories
  • Recent
  • Tags
  • Popular
  • Users
  • Groups
Skins
  • Light
  • Cerulean
  • Cosmo
  • Flatly
  • Journal
  • Litera
  • Lumen
  • Lux
  • Materia
  • Minty
  • Morph
  • Pulse
  • Sandstone
  • Simplex
  • Sketchy
  • Spacelab
  • United
  • Yeti
  • Zephyr
  • Dark
  • Cyborg
  • Darkly
  • Quartz
  • Slate
  • Solar
  • Superhero
  • Vapor

  • Default (No Skin)
  • No Skin
Collapse

The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Trumpenomics

Trumpenomics

Scheduled Pinned Locked Moved General Discussion
975 Posts 19 Posters 28.3k Views
  • Oldest to Newest
  • Newest to Oldest
  • Most Votes
Reply
  • Reply as topic
Log in to reply
This topic has been deleted. Only users with topic management privileges can see it.
  • HoraceH Offline
    HoraceH Offline
    Horace
    wrote last edited by
    #966

    I posted an interview with that guy shortly after Liberation Day. I liked him a lot.

    Education is extremely important.

    1 Reply Last reply
    • jon-nycJ jon-nyc

      China’s government is projecting confidence that it can outlast the U.S. in a protracted trade war in large part because of the potential damage inflicted by its restrictions on rare earth metals, said Eswar Prasad, a Cornell University economist who has spoken this week with Chinese finance officials.
      “That is the choke point,” Prasad said. “Beijing does not feel like it is going to back down and that the U.S. is in no position to dictate terms. A big, big part of that is rare earths, where they feel they have the capacity to do significant harm to American manufacturers.”

      taiwan_girlT Offline
      taiwan_girlT Offline
      taiwan_girl
      wrote last edited by
      #967

      @jon-nyc said in Trumpenomics:

      China’s government is projecting confidence that it can outlast the U.S. in a protracted trade war in large part because of the potential damage inflicted by its restrictions on rare earth metals, said Eswar Prasad, a Cornell University economist who has spoken this week with Chinese finance officials.
      “That is the choke point,” Prasad said. “Beijing does not feel like it is going to back down and that the U.S. is in no position to dictate terms. A big, big part of that is rare earths, where they feel they have the capacity to do significant harm to American manufacturers.”

      Seems like it is happening unfortunately

      A group representing auto suppliers in the United States called on Wednesday for immediate action to address China's restricted exports of rare earths, minerals and magnets, warning the issue could quickly disrupt auto parts production.

      and

      https://www.reuters.com/business/autos-transportation/us-auto-suppliers-say-immediate-action-needed-china-rare-earths-restrictions-2025-06-05/

      1 Reply Last reply
      • LuFins DadL Offline
        LuFins DadL Offline
        LuFins Dad
        wrote last edited by
        #968

        Gilead announced an $11B investment into new US manufacturing. Kraft is investing an additional $3 billion into new American manufacturing facilities. Carrier is investing $1 billion into a new factory, creating 4K jobs. The Dow is up roughly 3800 over last year. Not great, but not a disaster, either. It’s not all doom and gloom…

        The Brad

        1 Reply Last reply
        • 89th8 Offline
          89th8 Offline
          89th
          wrote last edited by
          #969

          Too lazy to check, but:

          1. How do those investments compare to normal corporate manufacturing expenditures?
          2. How often are these announced investments actually realized?
          3. The DOW is up 8% since this time last year, but down 4% since Trump took over (was down 15% but has bounced back after a few TACO Tuesdays)
          1 Reply Last reply
          • LuFins DadL Offline
            LuFins DadL Offline
            LuFins Dad
            wrote last edited by
            #970

            You fail to catch the point.

            The Brad

            1 Reply Last reply
            • 89th8 Offline
              89th8 Offline
              89th
              wrote last edited by
              #971

              Probably, I only read your last post and commented.

              1 Reply Last reply
              • HoraceH Offline
                HoraceH Offline
                Horace
                wrote last edited by
                #972

                Mission accomplished. We can stop the tariffs now.

                image.png

                Education is extremely important.

                Doctor PhibesD 1 Reply Last reply
                • HoraceH Horace

                  Mission accomplished. We can stop the tariffs now.

                  image.png

                  Doctor PhibesD Online
                  Doctor PhibesD Online
                  Doctor Phibes
                  wrote last edited by
                  #973

                  @Horace said in Trumpenomics:

                  Mission accomplished. We can stop the tariffs now.

                  And that's just Tesla's.

                  I was only joking

                  1 Reply Last reply
                  • LuFins DadL Offline
                    LuFins DadL Offline
                    LuFins Dad
                    wrote last edited by
                    #974

                    Actually, I think it’s okay to buy Teslas again…

                    The Brad

                    1 Reply Last reply
                    • 89th8 Offline
                      89th8 Offline
                      89th
                      wrote last edited by
                      #975

                      Trade deficit cut in half. What’s cut in half you might ask? The spike in trade deficit that was the result of companies racing to import before liberation day. Another headline could’ve said, trade deficit returns to what the average was during the Biden administration.

                      1 Reply Last reply
                      Reply
                      • Reply as topic
                      Log in to reply
                      • Oldest to Newest
                      • Newest to Oldest
                      • Most Votes


                      • Login

                      • Don't have an account? Register

                      • Login or register to search.
                      • First post
                        Last post
                      0
                      • Categories
                      • Recent
                      • Tags
                      • Popular
                      • Users
                      • Groups