Trumpenomics
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wrote on 9 Apr 2025, 21:24 last edited by
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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.
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wrote on 9 Apr 2025, 21:36 last edited by
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.
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wrote on 9 Apr 2025, 21:40 last edited by
Obviously vehicle dependent, but here are average new taxes by brand.
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wrote on 9 Apr 2025, 21:42 last edited by jon-nyc 4 Sept 2025, 21:44
Do we have any Tata cars in the US? And who’s Geely?
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wrote on 9 Apr 2025, 21:48 last edited by
Next time, everyone pay attention...
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wrote on 9 Apr 2025, 21:54 last edited by
Trump undoes Liberation Day, and the market rejoices.
The market hates Liberation.
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wrote on 9 Apr 2025, 22:03 last edited by Axtremus 4 Sept 2025, 22:07
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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wrote on 9 Apr 2025, 22:56 last edited by
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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wrote on 9 Apr 2025, 23:33 last edited by
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wrote on 9 Apr 2025, 23:43 last edited by
@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.
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wrote on 10 Apr 2025, 01:28 last edited by
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wrote on 10 Apr 2025, 01:36 last edited by
Yes, but China’s a hit more people are willing to take…
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wrote on 10 Apr 2025, 01:37 last edited by
I think the boat fees are actually as big as the tariffs…
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wrote on 10 Apr 2025, 05:25 last edited by
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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wrote on 10 Apr 2025, 20:19 last edited by
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wrote on 10 Apr 2025, 21:05 last edited by
Maybe this time Trump will say "China will pay for it."
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wrote on 10 Apr 2025, 22:14 last edited by
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wrote on 11 Apr 2025, 00:03 last edited by
Good lord. The comments…
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wrote on 11 Apr 2025, 00:05 last edited by
I'm unsurprised that economic destruction is no big deal to people with nothing economic to lose.