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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Trumpenomics

Trumpenomics

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  • J Online
    J Online
    jon-nyc
    wrote on 12 Apr 2025, 18:08 last edited by
    #653

    The Wall Street editor of The Economist magazine had this to say about the exemption for Chinese made electronics:

    If you were running a secret strategy to undermine American manufacturing, exempting popular finished consumer goods from tariffs and keeping them in place for intermediate goods, capital goods and raw materials would be a good way to go about it.

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

    1 Reply Last reply
    • H Offline
      H Offline
      Horace
      wrote on 12 Apr 2025, 18:11 last edited by
      #654

      I guess he has those people in the bag politically anyway. The people with 401ks and a nest egg to protect, on the other hand, were probably easy swing voters.

      Education is extremely important.

      1 Reply Last reply
      • J Online
        J Online
        jon-nyc
        wrote on 12 Apr 2025, 20:05 last edited by
        #655

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

        J 1 Reply Last reply 12 Apr 2025, 20:46
        • J Online
          J Online
          jon-nyc
          wrote on 12 Apr 2025, 20:06 last edited by
          #656

          Another take on the asininity of the current situation

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

          1 Reply Last reply
          • A Away
            A Away
            Axtremus
            wrote on 12 Apr 2025, 20:13 last edited by
            #657

            Maybe we just don't understand what Trump is getting at.
            @Jolly, tell us what you believe Trump is thinking by exempting smartphones, computers, and other electronics from tariffs. Thanks.

            1 Reply Last reply
            • H Offline
              H Offline
              Horace
              wrote on 12 Apr 2025, 20:13 last edited by
              #658

              It's all so completely absurd.

              Education is extremely important.

              1 Reply Last reply
              • J jon-nyc
                12 Apr 2025, 20:05

                J Online
                J Online
                jon-nyc
                wrote on 12 Apr 2025, 20:46 last edited by jon-nyc 4 Dec 2025, 20:46
                #659

                @jon-nyc said in Trumpenomics:

                ChatGPT gave me an estimate of 4-7 years to build a large aluminum smelting plant in the US at a cost of ~$5B per million tons of annual output. Oh and that assumes you have 15-20 terawatt hours per year of electricity generation nearby, enough to power about 1MM homes.

                So yeah, no one’s doing that based on a tariff that might not last until June, let alone 2030.

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

                1 Reply Last reply
                • J Online
                  J Online
                  jon-nyc
                  wrote on 12 Apr 2025, 20:50 last edited by
                  #660

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

                  1 Reply Last reply
                  • J Online
                    J Online
                    jon-nyc
                    wrote on 13 Apr 2025, 19:18 last edited by jon-nyc
                    #661

                    We import >80% of our rare earths from China.

                    I wonder if they’ve told Trump to request a call.

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

                    1 Reply Last reply
                    • A Offline
                      A Offline
                      AndyD
                      wrote on 13 Apr 2025, 19:33 last edited by
                      #662

                      Just wanted to say POTUS is looking well, a bit thinner in the face and very healthy. Anyone noticed a difference?

                      1 Reply Last reply
                      • J Online
                        J Online
                        jon-nyc
                        wrote on 13 Apr 2025, 19:41 last edited by
                        #663

                        Art of the meal?

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

                        1 Reply Last reply
                        • J Online
                          J Online
                          jon-nyc
                          wrote on 13 Apr 2025, 19:43 last edited by
                          #664

                          I wonder what the rare earths restriction means to Tesla.

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

                          1 Reply Last reply
                          • J Online
                            J Online
                            jon-nyc
                            wrote on 13 Apr 2025, 20:00 last edited by
                            #665

                            The WH announcement literally was called "Clarification of Exceptions", lardass.

                            IMG_4140.jpeg

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

                            J 1 Reply Last reply 13 Apr 2025, 21:14
                            • J Online
                              J Online
                              jon-nyc
                              wrote on 13 Apr 2025, 21:10 last edited by
                              #666

                              Jesus. How do they expect businesses to make any decision whatsoever?

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

                              1 Reply Last reply
                              • J Online
                                J Online
                                jon-nyc
                                wrote on 13 Apr 2025, 21:12 last edited by
                                #667

                                The most charitable explanation is that Navarro/Lutnick just take their fight public after losing a skirmish in a conference room somewhere.

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

                                1 Reply Last reply
                                • J jon-nyc
                                  13 Apr 2025, 20:00

                                  The WH announcement literally was called "Clarification of Exceptions", lardass.

                                  IMG_4140.jpeg

                                  J Online
                                  J Online
                                  jon-nyc
                                  wrote on 13 Apr 2025, 21:14 last edited by
                                  #668

                                  @jon-nyc said in Trumpenomics:

                                  IMG_4140.jpeg

                                  IMG_4141.jpeg

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

                                  1 Reply Last reply
                                  • K Offline
                                    K Offline
                                    kluurs
                                    wrote on 13 Apr 2025, 21:41 last edited by
                                    #669

                                    As for an update on "Drill, Baby, Drill", more drills were shut down in the past week than in the past 2 years.

                                    1 Reply Last reply
                                    • J Online
                                      J Online
                                      jon-nyc
                                      wrote on 13 Apr 2025, 23:05 last edited by
                                      #670

                                      FFS. Now they’re exempting Temu and Shein.

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

                                      1 Reply Last reply
                                      • J Online
                                        J Online
                                        jon-nyc
                                        wrote on 13 Apr 2025, 23:14 last edited by jon-nyc
                                        #671

                                        'We will make things more difficult for American companies with Chinese supply chains, but ensure that direct sales from Chinese factories aren't inconvenienced'

                                        -Art Of The Deal

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

                                        1 Reply Last reply
                                        • J Online
                                          J Online
                                          jon-nyc
                                          wrote on 14 Apr 2025, 20:48 last edited by
                                          #672

                                          fa623f32-5352-4331-a90e-bab787ef047f.jpeg

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

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                                          13 Apr 2025, 19:33


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