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Please continue to lecture us, you are clearly the expert on all topics and we dare not question your authority
So you withdraw and renegotiate a treaty. You call it a victory. Then four years later you talk about what a horrible terrible deal it is - the deal you renegotiated and signed - and that we need to do tarrifs instead, completely ignoring that you were the one who negotiated and signed the deal that you now say was horrible. Then expecting us to believe that you’re going to obtain a new better deal, after you previously signed a deal you now call terrible?
Talk about gaslighting.
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You say that but do you know what it means? Come on the price of eggs is probably too low now and Americans do not really care about their 401ks a lot of people are saying that. 
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Come on now; it’s just a paper loss. Nobody cares about that !
It’s not like some people are trying to live off of their 401k investments at
4% per year withdrawals.
/s
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People come up to him all the time, with tears in their eyes and say “Sir. It’s only a paper loss, nobody cares about that. My 14 year old grandson will subsidize my retirement with his newly created job at the textile sweat shop in Florida that was opened due to the tariffs. My other grandchild has his an eye open for jobs in the coal mine, his small size at 13 gives him an advantage.”.
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If you are going by the tariff chart the administration offered up, then you will fall for anything. The administration used retaliatory tariffs on islands inhabited by penguins. Tell me how the penguins used tariffs to help them and hurt the US.
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They don’t have tariffs like we recently implemented.
Multiple people (including myself) have said tariffs can have a place (for national security reasons as an example). Mass across the board tariffs are a different story.
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Tariffs used in specific ways are fine. I am good with a tariff to protect important pharmaceuticals like generic anti biotics as well as incentives for long term manufacturing. With out those incentives why would a company build the infrastructure only to have it undone by another administration.
The messaging on the tariffs also makes no sense. The initial message was, we need tariffs across the board for revenue (lets ignore the fact it is a tax paid by the consumer) and it was made to sound that every tariff penny was key, thus why it was across the board to bring back jobs ect. Yet a few days later there was a waiver for electronics coming out of China and other countries. That amounts to 40% of what we import/buy, now without a tariff. So what happened to the importance of all that revenue when they are quick to carve out exceptions. Have make sense to me.
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For those just looking at this thread for the first time here is a recap…
Someone in CA: The California economy is about to tank.
Most of the board: The entire country’s is about to tank, due to tariffs.
Someone in CA: That’s not why, it’s because of the CA governor.
Most of the board: It’s because of tariffs.
Someone in CA: Tariffs are a good thing, they’ve been ripping us off for years.
Most of the board: We pay the tariffs.
Someone in CA: No, they pay the tariffs.
Most of the board: Their people pay the tariffs their government puts on American imports. We pay the tariffs the president puts on their imports.
Someone in CA: I don’t know where you get your information.
Most of the board: Econ class in high school.
Now you are caught up.
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And wreck the economy.
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IMF is predicting US economy will suffer more
than China.
The U.S. economy is expected to grow at 1.8% in 2025 – down from 2.7% when the fund’s last forecasts were published in January.
The Chinese economy is expected to suffer to a lesser extent. The fund cut its growth forecasts for this year to 4% from 4.6% for China, and projects eurozone growth at 0.8%, down from the previous forecast
There are those here that think it will be other
way around.
Article on abcnews.
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Love the winning.
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Looks like there is an acknowledgment of this. We will see how this goes, hope it ends soon.
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Seem like this weeks market manipulation statement, because the markwt went up again on his statement. Who knew in advance?
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I think it’s more about overplaying a hand.
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Oh that too. China is in no hurry to come to the table and is working with our former allies to make a deals and cut us off.
The administration hinted there was an up coming trade deal with Japan, well, that seems to have fallen through.
When it all goes sideways the administration will not take ownership but will blame Jerome Powell for their mistakes.
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