https://www.yahoo.com/news/us-tariffs-mexico-canada-china-055841260.html
I'm sure this won't affect the auto industry.
41 replies (most recent on top)
"By down-voting, you don't change reality. You just show weakness and an inability to accept and adjust to new information. It's childish and pathetic."
Downvoted based only on this statement.
China's trade imbalance well documented by the IMF:
https://www.imf.org/en/Blogs/Articles/2024/09/12/trade-balances-in-china-and-the-us-are-largely-driven-by-domestic-macro-forces
Here are the meat and potatoes:
In 2024, the value of U.S. imports from China exceeded the exports to China by around 295.4 billion U.S. dollars.
https://www.statista.com/statistics/939402/us-china-trade-deficit/
By down-voting, you don't change reality. You just show weakness and an inability to accept and adjust to new information. It's childish and pathetic.
The trade imbalance, combined with tariffs and other barriers from China MUST be met with counter-measures. Fortunately for Americans, they finally have a POTUS that has the strength and will to do the right thing.
China and Canada have a parasitic relationship with the US. They have everything to lose with retaliation. It's absolutely ridiculous to see it any other way. They are both doomed without American buyers.
If this is difficult to grasp, do a web search on the existing trade imbalance that has gone on for many decades.
American companies have been outsourcing to countries outside China too. No leverage.
@3ky+1jngv9jzh
The "Can you relate?" stock braggart is a huge phony.
"It's a beautiful thing to earn more in the market, than one makes from their salary. Can you relate?"
you didn't earn anything that way, it is just financial scams
eventually this house of cards will fall
and the regular working folks will be very angry
"We'll make trillions from tariffs on Canada, Mexico, and China.
Let them pay for taking advantage of us, like Trump has told us many times.
He's never lied to us."
It doesn't matter whether you are being sarcastic or not.
The US can't repay its debt. 37 trillion is too large which doesn't include
the unfunded liabilities.
Teslers is computer
I bought two orange Teslers today.
The en--a within is pulling levers.
This ongoing argument needs to be solved with an epic rap battle. Two boats on Lake St. Clair, two rappers, broadcast live on channel 20.
What part of 'receiprical' do some of you not understand?
Orange man is matching existing tariffs. This is very reasonable.
Is it that you just love being taken advantage of?
We'll make trillions from tariffs on Canada, Mexico, and China.
Let them pay for taking advantage of us, like Trump has told us many times.
He's never lied to us.
Tariffs ensure I can start my US-based poutine business without the fear of cheap, Canadian poutine destroyed my profits.
Post ID: @vm+1jngv9jzh
You may think you’ve seen enough, but this is why you are labeled a simpleton. The intellectual capacity is so low, that common sense is troubling for you.
In the earlier part of the conversation I already stated it wasn’t an exchange, so keep up homer. I know it’s hard, but I have faith in you. We know you’re a mindless sh*t talker sure, but you also come across as having a mental handicap too. Make asylums great again. We’ll need them for individuals like yourself.
Happy trading.
Okay. The stock genius reveals his "65%" stock market increase which is playing the VIX volatility index (not a market...).
The market is tanking and this fool mansplains how he's gambling with volatility.
What an id--t.
I've seen enough.
Do you people see what you are dealing with?
Post ID: @rf+1jngv9jzh
I'll give you a tip for free.
Trade UVIX and SVIX. Put all of your money into it please, you seem like the kind of individual that truly deserves it. Those markets will break everyone with exception to only the most knowledgeable investors. 3X leveraged is a beast in and above itself.
Try leveraged VIX stocks.
And know you know why I'm so much better than you.
Minus the typos. But the message comes across.
Message you again soon.
Post ID: @rf+1jngv9jzh
See prior post. If you could, you would. As you are so amazingly certain about your assertion of me, you can't possibility comprehend how you also may be so very wrong.
If find that comical.
Another 4.53% earned on the day today, playing that beautiful VIX. Overnight pulled back .90%, but I'm certain of upward continuation come next week. Jerome Powell just confirmed how "great" the economy is today at his 12:30 speech. That should give a day or two of some juice before the lemmings figure out it's not.
How much is 4.53% on the day? It depends on your brokerage account.
- If you hold 10k, that's $453 dollars.
- If you hold 100k, that's a nice $4,530 dollars.
- If holding 1million, that's a hefty $40,5300 dollars.
It's a beautiful thing to earn more in the market, than one makes from their salary. Can you relate?
@r6+1jngv9jzh
I asked you to back up your claim and you end up talking about lying.
Ironic: While pretending to be clever you fell into your own trap; the only one lying is you.
Your boasts about investing doesn't match your demonstration with market facts.
Conclusion: Full of sh!t while pretending to be above it all. I suspect your interpersonal relationships are as meaningful and fulfilling as your replies here.
Post ID: @qr+1jngv9jzh
/yawn.
Those that can do, do. Those that can’t, complain. Don’t fool yourself into thinking you’re that important that I would waste a minute justifying anything to a simpleton like yourself.
You can lie to me. You can lie to yourself. The only thing you can’t lie to, is your portfolio value. Right about now many are taking it on the cheek.
Happy trading.
This is your claim:
"Stock market has been doing great. Up 65% in a single month so far."
I asked you for a source but you can't back it up and don't want to go into details.
All I'm hearing is a blow-hard that makes claims and can't back them up.
You are full of sh-t.
It’s not an exchange, as already mentioned in the prior post. It’s a highly leveraged method of trading that doesn’t involve options.
My point is not to prove anything, I’ve learned a long time ago not to waste my time on the details. My point is to state that these are times in which you can make great money. Many people can’t even tell you what the little lines on a stock market chart represent, so it’s very unlikely that they’ll also see declines such as we are seeing currently. Forget profiting on it.
Wait until the big decline hits, and that 401k turns into a 201k or 101k. That’s when the real pain starts getting real.
- Which stock exchange is up 65%? There are several of them that I follow and none are doing this in the last month, let alone the last year. S&P is down -5.67% in the last month. NASDAQ is down -7.73%. DOW is down -3.88%. Russel -10.34%.
- Cite your sources. You can reference a chart, bro.
Stock market has been doing great. Up 65% in a single month so far.
- Anyone that didn't know the market was going to turn is just living in la-la land riding the on the train of hopium. Willful cattle to be lead into the sla-ghterhouse.
- No stock alone will likely ever produce 65% in only a month. But flip flopping a certain pair of stocks will. One up market, the other down. Your only job is to make sure you select the correct movement on the day. Chop and volatility is good.
Before tariffs became a thing recently, you could see the turn coming due. Do you chart bro? Lol, cheesy, but still true. It's your lens into the market and where it will likely take you.
The most striking development post 47 swear-in: The mental breakdowns, protests, tantrums.
They scream into the void and see no reaction.
When vacuous, immature, narcissists lose their identity and know for sure that people see right through them, they resort to violence. But this violence will lead to demise of failed ideas and the exposure fake identity grift.
So much is being exposed.
So much more will be revealed.
How's the stock market been doing?
Winning!
Embrace the chaos. It's going to be wonderful. So wonderful, that you won't know how wonder it is until you've felt it...
News is noise.
Have you ever once figured out that the average person is being played? Stay tuned to your next nightly programming.
This nonsense has been a wet dream for day traders.
Putin has always been happy to help him out
@fw+1jngv9jzh
Those with TDS are so obsessed by the orange man that they attributed Godlike powers.
He can summons bird flu and infect a nation of chickens, causing eggs to increase in price.
He can wave His hand and change market forces on the day he was sworn in. The momentum of economic activity - the relative strength of the dollar, interest rates, inflation, unemployment numbers suddenly were moving to the rhythm of His mighty hand within days. I suspect he will be reshaping the climate itself soon while cities burn this summer. Of course, His mighty hand will only move the climate to burn the blue cities.
Very valid points. Sad thing is those with TDS will complain no matter what the President does. Those that can’t be pleased should be ignored imo.
https://finance.yahoo.com/news/ford-gm-stellantis-granted-1-month-tariff-exemption-after-call-with-trump-192050146.html
No tariff on GM, Ford, Stellantis products.
Trump gave the auto industry a one month delay in tariffs on Canada and Mexico.
Plenty of time to build new US factories.
If they're getting cars or parts from China they'll have to pay, though. No delay for China.
The president literally signs the bills sent to him by Congress.
Or vetoes them.
Why didn't Trump veto the bills with all that crazy spending? He must have agreed with them if he signed them.
@bz+1jngv9jzh
Based on the comments here, no one should be surprised. They repeat propaganda and think that makes them clever.
Embarrassing.
"Remember, 8 trillion of the 37 trillion national debt was Trump."
Sigh, congress signs off on spending not the executive branch.
Take at least 1 civics class for Christ's sake.
Here's the breakdown of the excess national debt for those with TDS:
"Of the $8.4 trillion President Trump added to the debt, $3.6 trillion came from COVID relief laws and executive orders, $2.5 trillion from tax cut laws, and $2.3 trillion from spending increases, with the remaining executive orders having costs and savings that largely offset each other," budget experts with the CRFB wrote in a summary of the report.
What's different this time? An unrelenting cost-cutting team.
What's also different? The same people who complained about Trump's Covid relief costing trillions are the same people complaining about the budget cuts.
So what will it be?
- Budget Cuts
or
- Deficit Spending
You can't have both.
Source:
https://thehill.com/business/4426965-trump-added-8-4-trillion-to-the-national-debt-analysis/
A financial meltdown is the only thing he could engineer.
Remember, 8 trillion of the 37 trillion national debt was Trump.
It looks like he's out to break his own record this term.
'An engineered financial meltdown.'
you have 37 trillion in national debt
you are already in a fiscal meltdown
this should not be a surprise to you
and our so called GDP is manufactured somewhat from
a lot of financial gimmicks like stock buybacks
You have a fever.
The only cure is more layoffs.
That's why you are here.
Housing crisis will follow layoffs. An engineered financial meltdown. Winning!