Tariffs...what to make of them.

LOL...omg, this is so great


Man, I heard for an hour last night how Tarriffs will cure everything....you have an itchy ass? WE HAVE A TARRIFF FOR YOU!

Of course, someone had to tell shit for brains....Excuse me MR. President....everything Ford, GM and stellantis use to make cars comes from Canada/Mexico (think Gordon Lightfoot and the Wreck of the Edmund Fitzgerald) You will wipe these companies out ASAP...and they like employ people and shit.

What is also left out of this....the big three use union labor to build cars....and union busting tactics that trump and musk love is why many of their cars are built in canada/mexico to begin with. Moving all production back to the US will mean more union labor, which will make the big 3's cars more expensive. Which hey im fine with, I want all our cars built in the US....however, that means the big 3 have to complete with Honda/toyota, etc....who also build all of their cars in the US, but with non union labor. So one way or another, there is going to be a competitive disadvantage for the big 3.
I was truly surprised that he didn't put the kid in charge of the agency....
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I went skiing at Gore yesterday and got home late. First checked the market, oops, shouldn't have done that. Then I flip on the TV to see trump babbling and making some kid a Secret Service Agent. I was truly surprised that he didn't put the kid in charge of the agency....
I don't think the kid would do any worse than the woman running it before
 
LOL...omg, this is so great


Man, I heard for an hour last night how Tarriffs will cure everything....you have an itchy ass? WE HAVE A TARRIFF FOR YOU!

Of course, someone had to tell shit for brains....Excuse me MR. President....everything Ford, GM and stellantis use to make cars comes from Canada/Mexico (think Gordon Lightfoot and the Wreck of the Edmund Fitzgerald) You will wipe these companies out ASAP...and they like employ people and shit.

What is also left out of this....the big three use union labor to build cars....and union busting tactics that trump and musk love is why many of their cars are built in canada/mexico to begin with. Moving all production back to the US will mean more union labor, which will make the big 3's cars more expensive. Which hey im fine with, I want all our cars built in the US....however, that means the big 3 have to complete with Honda/toyota, etc....who also build all of their cars in the US, but with non union labor. So one way or another, there is going to be a competitive disadvantage for the big 3.

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Left out the part where this helps Non-Union Tesla.
 
Watching CNBC DOW implied opening around 400 down. Listening about to much uncertainty with unemployment job losses in the next few months could be anywhere between 50k and 650k. They talked about 3 causes DODGE Bag cuts, tariffs and ancillary jobs.
 
Does the market count in this equation? If I'm answering my own question, I would say that yes most of us have something at stake here. As many on this board are creeping towards retirement, this is a real thing. A 4-year dip in all these investments will take years to recover from.
Seeing the discussion circle back to tariffs, which are now once again being paused because of the market (and reality). Indeed, hitting 65 this year and looking at medicare, my retirement investments in the S&P, mutual funds, savings, etc and it is quite concerning to me and my family. If tRump lasts the whole 4 years, and I wouldn't count on it, I'll be well into full retirement and living on a fixed income. It's make or break time now. Lucky me....
 
Seeing the discussion circle back to tariffs, which are now once again being paused because of the market (and reality). Indeed, hitting 65 this year and looking at medicare, my retirement investments in the S&P, mutual funds, savings, etc and it is quite concerning to me and my family. If tRump lasts the whole 4 years, and I wouldn't count on it, I'll be well into full retirement and living on a fixed income. It's make or break time now. Lucky me....
Me too, man. I retired last year and just started taking SS. Stocks only make up 25% of my retirement savings, but they're already down by the amount that I would have pulled out for the year. Not the end of the world yet, but it does affect my withdrawal strategy.

This kind of volatility benefits nobody except day traders and short sellers. Makes me wonder if any of Trump's circle are getting insider info to trade off of before he goes public. Now thanks to DOGE we have fewer people at the SEC to keep an eye on such shenanigans.
 
Like Nancy Pelosi does?

Me too, man. I retired last year and just started taking SS. Stocks only make up 25% of my retirement savings, but they're already down by the amount that I would have pulled out for the year. Not the end of the world yet, but it does affect my withdrawal strategy.

This kind of volatility benefits nobody except day traders and short sellers. Makes me wonder if any of Trump's circle are getting insider info to trade off of before he goes public. Now thanks to DOGE we have fewer people at the SEC to keep an eye on such shenanigans.

Following their investments is a thing....appearently...in what will be a COMPLETE shocker to all of us...Members of our congress and senate seem to always beat the market.
 
oh wait there's more.....hope everyone bought the dip...

Commerce Secretary Howard Lutnick said Thursday that President Donald Trump will likely announce later in the day a one-month tariff delay on all products that are covered by the USMCA free trade treaty, a significant walkback of the administration’s signature economic plan that has rattled markets, businesses and consumers.

In an interview with CNBC, Lutnick said tariffs on all treaty-compliant products from Mexico and Canada, most of which were hit with a 25% tariff Tuesday, will probably be paused. They will now go into effect on April 2 unless Mexico and Canada show significant progress in fighting what the Trump administration has called an epidemic of fentanyl crossing the border to the United States.

Stocks, which fell sharply to start the day Thursday, remained lower after Lutnick’s announcement but pared some of their losses. The Dow was down about 100 points, or 0.3%. The broader S&P 500 fell 0.6% and the tech-heavy Nasdaq was 0.7% lower.


Nothing to worry about 😂

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