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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Trumpenomics

Trumpenomics

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  • K Offline
    K Offline
    kluurs
    wrote on 9 Apr 2025, 21:24 last edited by
    #607

    Link to video

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    • H Horace
      9 Apr 2025, 21:12

      Lutnick and Navarro are probably among the few people in the country to be disappointed by this pause. Trump supporters who were excited about tariffs, are now probably just excited by this brilliant negotiating tactic of pausing the tariffs.

      Navarro and Lutnick are joined in their disappointment, by protectionist populist far-left types, I guess.

      R Offline
      R Offline
      Renauda
      wrote on 9 Apr 2025, 21:27 last edited by
      #608

      @Horace

      Navarro and Lutnick are joined in their disappointment, by protectionist populist far-left types, I guess.

      Lutnick does look a lot like Lenin.

      Coincidence?

      Elbows up!

      1 Reply Last reply
      • J Offline
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        jon-nyc
        wrote on 9 Apr 2025, 21:36 last edited by
        #609

        Auto market research firm Telemetry estimates 1.8MM fewer new cars will be sold this year. Last year total sales were ~15MM, so this is over 10% drop.

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

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        • J Offline
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          jon-nyc
          wrote on 9 Apr 2025, 21:40 last edited by
          #610

          Obviously vehicle dependent, but here are average new taxes by brand.

          IMG_4072.jpeg

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

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          • J Offline
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            jon-nyc
            wrote on 9 Apr 2025, 21:42 last edited by jon-nyc 4 Sept 2025, 21:44
            #611

            Do we have any Tata cars in the US? And who’s Geely?

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

            T 1 Reply Last reply 12 Apr 2025, 02:07
            • K Offline
              K Offline
              kluurs
              wrote on 9 Apr 2025, 21:48 last edited by
              #612

              Next time, everyone pay attention...

              image.png

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              • A Offline
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                Axtremus
                wrote on 9 Apr 2025, 21:54 last edited by
                #613

                Trump undoes Liberation Day, and the market rejoices.

                The market hates Liberation.

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                • A Offline
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                  Axtremus
                  wrote on 9 Apr 2025, 22:03 last edited by Axtremus 4 Sept 2025, 22:07
                  #614

                  Suppose you're a businessman, what would you do with this "90 day pause"? Import more before high tariffs kick in again?

                  As a consumer, what would you do? Accelerate buying imported stuff that you planned to purchase anyway before the tariffs situation changes again?

                  Anybody thinks "let's move more manufacturing back onshore before the high tariffs kick in again"?

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                  • A Offline
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                    Axtremus
                    wrote on 9 Apr 2025, 22:56 last edited by
                    #615

                    As posted by Trump on Truth Social on April 4, 2025:

                    TO THE MANY INVESTORS COMING INTO THE UNITED STATES AND INVESTING MASSIVE AMOUNTS OF MONEY, MY POLICIES WILL NEVER CHANGE, ...

                    https://truthsocial.com/@realDonaldTrump/posts/114279756371714617

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                    • J Offline
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                      jon-nyc
                      wrote on 9 Apr 2025, 23:33 last edited by
                      #616

                      And with 25% on aluminum, steel, and autos.

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

                      H 1 Reply Last reply 9 Apr 2025, 23:43
                      • J jon-nyc
                        9 Apr 2025, 23:33

                        And with 25% on aluminum, steel, and autos.

                        H Offline
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                        Horace
                        wrote on 9 Apr 2025, 23:43 last edited by
                        #617

                        @jon-nyc said in Trumpenomics:

                        And with 25% on aluminum, steel, and autos.

                        I was thinking along these lines. Glad someone quantified it. The escalating trade war with china, remains a big deal.

                        Education is extremely important.

                        1 Reply Last reply
                        • J Offline
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                          jon-nyc
                          wrote on 10 Apr 2025, 01:28 last edited by
                          #618

                          Some more precision. Doesn’t look like it’s higher overall but consumer goods are.

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

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                          • L Offline
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                            LuFins Dad
                            wrote on 10 Apr 2025, 01:36 last edited by
                            #619

                            Yes, but China’s a hit more people are willing to take…

                            The Brad

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                            • L Offline
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                              LuFins Dad
                              wrote on 10 Apr 2025, 01:37 last edited by
                              #620

                              I think the boat fees are actually as big as the tariffs…

                              The Brad

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                                AndyD
                                wrote on 10 Apr 2025, 05:25 last edited by
                                #621

                                How are the farmers
                                of America taking this?
                                Are they more likely to plant crops or sell their machines?

                                E.g. China has been stockpiling soybeans, and Brazil is an alternative supplier. Chinese import tax on US soybeans is now 104% ?

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                                • J Offline
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                                  jon-nyc
                                  wrote on 10 Apr 2025, 20:19 last edited by
                                  #622

                                  We have 9T of debt that matures in 2025, all of which we need to reissue and of course Trump will issue several trillion more.

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

                                  1 Reply Last reply
                                  • A Offline
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                                    Axtremus
                                    wrote on 10 Apr 2025, 21:05 last edited by
                                    #623

                                    Maybe this time Trump will say "China will pay for it."

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                                    • J Offline
                                      J Offline
                                      jon-nyc
                                      wrote on 10 Apr 2025, 22:14 last edited by
                                      #624

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

                                      1 Reply Last reply
                                      • L Offline
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                                        LuFins Dad
                                        wrote on 11 Apr 2025, 00:03 last edited by
                                        #625

                                        Good lord. The comments…

                                        The Brad

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                                        • H Offline
                                          H Offline
                                          Horace
                                          wrote on 11 Apr 2025, 00:05 last edited by
                                          #626

                                          I'm unsurprised that economic destruction is no big deal to people with nothing economic to lose.

                                          Education is extremely important.

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                                          9 Apr 2025, 23:33


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