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The New Coffee Room

  1. TNCR
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  3. Trumpenomics

Trumpenomics

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  • A Offline
    A Offline
    Axtremus
    wrote on 10 May 2025, 21:53 last edited by
    #898

    h/t WTG

    People started sharing receipts for tariffs charged to them:

    https://www.buzzfeed.com/meganeliscomb/trump-tariff-receipts-may-2025

    1 Reply Last reply
    • J Online
      J Online
      jon-nyc
      wrote on 12 May 2025, 12:57 last edited by
      #899

      So we’re apparently backing down to 30% tariffs on China and vice versa for 90 days to have time to make some kind of deal. Futures markets are happy.

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

      T 1 Reply Last reply 12 May 2025, 15:17
      • J jon-nyc
        12 May 2025, 12:57

        So we’re apparently backing down to 30% tariffs on China and vice versa for 90 days to have time to make some kind of deal. Futures markets are happy.

        T Offline
        T Offline
        taiwan_girl
        wrote on 12 May 2025, 15:17 last edited by
        #900

        @jon-nyc When all is finished it will be interesting to see a table of before tariffs vs after tariffs for various countries and see how much (if any) change there was.

        8 1 Reply Last reply 12 May 2025, 17:05
        • H Offline
          H Offline
          Horace
          wrote on 12 May 2025, 15:37 last edited by
          #901

          And it will be interesting to see the "concessions" America gets. My guess is, almost nothing meaningful. Because I'm still not convinced that the rest of the world was "ripping us off" as we became the richest nation on earth.

          Education is extremely important.

          1 Reply Last reply
          • J Online
            J Online
            jon-nyc
            wrote on 12 May 2025, 15:52 last edited by
            #902

            Well they backed their reciprocal tariff down from 125% to 30% also. Not clear whether they’ve backed off the rare earths moratorium. I haven’t heard about it so I’m guessing not.

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

            H 1 Reply Last reply 12 May 2025, 16:03
            • C Offline
              C Offline
              Copper
              wrote on 12 May 2025, 15:53 last edited by
              #903

              Wow, what a great president.

              1 Reply Last reply
              • J jon-nyc
                12 May 2025, 15:52

                Well they backed their reciprocal tariff down from 125% to 30% also. Not clear whether they’ve backed off the rare earths moratorium. I haven’t heard about it so I’m guessing not.

                H Offline
                H Offline
                Horace
                wrote on 12 May 2025, 16:03 last edited by
                #904

                @jon-nyc said in Trumpenomics:

                Well they backed their reciprocal tariff down from 125% to 30% also. Not clear whether they’ve backed off the rare earths moratorium. I haven’t heard about it so I’m guessing not.

                I mean, concessions as compared to status quo before the world trade war was declared by Trump.

                Education is extremely important.

                J 1 Reply Last reply 12 May 2025, 18:01
                • T taiwan_girl
                  12 May 2025, 15:17

                  @jon-nyc When all is finished it will be interesting to see a table of before tariffs vs after tariffs for various countries and see how much (if any) change there was.

                  8 Online
                  8 Online
                  89th
                  wrote on 12 May 2025, 17:05 last edited by
                  #905

                  @taiwan_girl said in Trumpenomics:

                  @jon-nyc When all is finished it will be interesting to see a table of before tariffs vs after tariffs for various countries and see how much (if any) change there was.

                  Also need to account for GDP and/or jobs lost, and cost increase to citizens, for what seems to be a completely pointless exercise in bullying.

                  1 Reply Last reply
                  • H Horace
                    12 May 2025, 16:03

                    @jon-nyc said in Trumpenomics:

                    Well they backed their reciprocal tariff down from 125% to 30% also. Not clear whether they’ve backed off the rare earths moratorium. I haven’t heard about it so I’m guessing not.

                    I mean, concessions as compared to status quo before the world trade war was declared by Trump.

                    J Online
                    J Online
                    jon-nyc
                    wrote on 12 May 2025, 18:01 last edited by
                    #906

                    @Horace said in Trumpenomics:

                    @jon-nyc said in Trumpenomics:

                    Well they backed their reciprocal tariff down from 125% to 30% also. Not clear whether they’ve backed off the rare earths moratorium. I haven’t heard about it so I’m guessing not.

                    I mean, concessions as compared to status quo before the world trade war was declared by Trump.

                    They are bragging that there were none and that they’re the only country being treated as an equal.

                    "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 30 days ago last edited by
                      #907

                      Count John Stossel, boomer conservative, in with those who don't think the tariffs are a good idea. The set of people who like them remains limited to Trump and exactly two of his advisors.

                      Link to video

                      Education is extremely important.

                      1 Reply Last reply
                      • 8 Online
                        8 Online
                        89th
                        wrote 30 days ago last edited by
                        #908

                        I've enjoyed Stossel's segments ever since his "give me a break" segments during 20/20 back in the 90's.

                        1 Reply Last reply
                        • J Online
                          J Online
                          jon-nyc
                          wrote 30 days ago last edited by
                          #909

                          I’ve been reading him at Reason for years.

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

                          1 Reply Last reply
                          • C Offline
                            C Offline
                            Copper
                            wrote 30 days ago last edited by Copper
                            #910

                            The importer doesn't like tariffs.

                            Wow.

                            H D 2 Replies Last reply 30 days ago
                            • C Copper
                              30 days ago

                              The importer doesn't like tariffs.

                              Wow.

                              H Offline
                              H Offline
                              Horace
                              wrote 30 days ago last edited by
                              #911

                              @Copper said in Trumpenomics:

                              The importer doesn't like tariffs.

                              Wow.

                              It's so typical that when you punch someone in the face, they'll just whine about how much it hurt. They have no idea how predictable and tedious that whining is. It happens almost every time someone gets punched in the face.

                              Education is extremely important.

                              R 1 Reply Last reply 30 days ago
                              • C Copper
                                30 days ago

                                The importer doesn't like tariffs.

                                Wow.

                                D Offline
                                D Offline
                                Doctor Phibes
                                wrote 30 days ago last edited by
                                #912

                                @Copper said in Trumpenomics:

                                The importer doesn't like tariffs.

                                Wow.

                                Copper doesn't like it when people criticise President Trump.

                                Wow.

                                I was only joking

                                1 Reply Last reply
                                • H Horace
                                  30 days ago

                                  @Copper said in Trumpenomics:

                                  The importer doesn't like tariffs.

                                  Wow.

                                  It's so typical that when you punch someone in the face, they'll just whine about how much it hurt. They have no idea how predictable and tedious that whining is. It happens almost every time someone gets punched in the face.

                                  R Offline
                                  R Offline
                                  Renauda
                                  wrote 30 days ago last edited by Renauda
                                  #913

                                  @Horace said in Trumpenomics:

                                  @Copper said in Trumpenomics:

                                  The importer doesn't like tariffs.

                                  Wow.

                                  It's so typical that when you punch someone in the face, they'll just whine about how much it hurt. They have no idea how predictable and tedious that whining is. It happens almost every time someone gets punched in the face.

                                  Then just throw him an elbow to the head and keep your eye on the play. Works for me.

                                  Elbows up!

                                  1 Reply Last reply
                                  • C Offline
                                    C Offline
                                    Copper
                                    wrote 30 days ago last edited by Copper
                                    #914

                                    Better than Pete Rose, and still alive. (The rumor is that Mr. Trump got the ban lifted).

                                    image.png

                                    1 Reply Last reply
                                    • J Online
                                      J Online
                                      jon-nyc
                                      wrote 30 days ago last edited by jon-nyc
                                      #915

                                      One out of four of those is actually true.

                                      Welcome home, Edan.

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

                                      1 Reply Last reply
                                      • R Offline
                                        R Offline
                                        Renauda
                                        wrote 29 days ago last edited by
                                        #916

                                        Edan should be thanking Copper. Profusely thanking Copper.

                                        Elbows up!

                                        1 Reply Last reply
                                        • J Online
                                          J Online
                                          jon-nyc
                                          wrote 29 days ago last edited by
                                          #917

                                          And the Indians and Pakistanis that are suffering from radiation burns from the nuclear conflict they experienced should thank him too. VP Shillbilly and Copper. Both of them.

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

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                                          13 May 2025, 16:57


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