Trumpenomics

[jon-nyc]

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

[jon-nyc]

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

[kluurs]

Next time, everyone pay attention...

[Axtremus]

Trump undoes Liberation Day, and the market rejoices.

The market hates Liberation.

[Axtremus]

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"?

[Axtremus]

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

[jon-nyc]

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

[Horace]

[jon-nyc]

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

[LuFins Dad]

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

[LuFins Dad]

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

[AndyD]

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% ?

[jon-nyc]

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.

[Axtremus]

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

[jon-nyc]

[LuFins Dad]

Good lord. The comments…

[Horace]

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

[jon-nyc]

If this was 4D chess to get interest rates down for debt refinancing, I think the fat man got mated in 6 moves.

[jon-nyc]

Dollar index against a currency basket.

[jon-nyc]

From UBS:

Treasury Secretary Bessent said that they saw nothing unusual in yesterday’s market moves.

The 30yr treasury experienced the biggest increase since 1982, equities are falling, the dollar is falling, and gold hit an all time high.

Economists might consider this pattern not entirely usual.