Guess which country is exempt from Trump's tariffs. I you said "Russia" you would be correct. lol
Tariffs on Canada delayed for 30 days. Edit: Trump folds again. 90 day pause.
- Thread starter DesRicardo
- Start date
My portfolio is down 5% just today.
What a pos this guy Trump is lol.
No surprise there. And to think Trump's being advised by well educated people with degrees in economics.
One day, there will be a university course on the Trump phenomenon. It will review how such a complete idiot was able to become potus.
My personal favourite:
For the life of me why, how, who??? The guy is a total stupid moron... How can people think this guy is the solution to the country's problem... Damn!
My advice is to hold your stocks long-term, because eventually it all goes up again
Yeah that is what am doing.
I am not going to panic sell.
Looks like the Super Jeenyuses in Trumpland just asked ChatGPT to do their homework for them:
www.computing.co.uk
Combined with the fact that they announced tariffs on several uninhabited islands, they probably just combined an ai generated list of "countries" with an ai generated calculation.
Not to mention the obvious spinal-tap-esq miscalculation on the chart sizes.
Your best and brightest at work.
White House appears to use AI in tariff rate calculations
The Trump administration has used a flawed calculation to generate tariff rates – did it come from ChatGPT?
www.computing.co.uk
Combined with the fact that they announced tariffs on several uninhabited islands, they probably just combined an ai generated list of "countries" with an ai generated calculation.
Not to mention the obvious spinal-tap-esq miscalculation on the chart sizes.
Your best and brightest at work.
Exactly. I have a trusted financial advisor who hasn't steered me wrong once in the past 15 years. If he thinks I should make changes, he'll let me know. Last year my investments grew at the rate of 18%, 15% the year before that.
The "DEI" administration.Looks like the Super Jeenyuses in Trumpland just asked ChatGPT to do their homework for them:
White House appears to use AI in tariff rate calculations
The Trump administration has used a flawed calculation to generate tariff rates – did it come from ChatGPT?
Combined with the fact that they announced tariffs on several uninhabited islands, they probably just combined an ai generated list of "countries" with an ai generated calculation.
Not to mention the obvious spinal-tap-esq miscalculation on the chart sizes.
Your best and brightest at work.
This is what you can expect.
This POS is full of shit
Tariffs Could Still Go Up From Here: Commerce Secretary Lutnick (Full Interview)
Tariffs Could Still Go Up From Here: Commerce Secretary Lutnick (Full Interview)
Are orange man’s rimmers not very active in this thread or have I successfully blocked all of them?
Been contemplated before by China in 2007, but it involved US treasuries.retaliatory sell-off? That's new concept but I like it... I think
Beijing eventually decided against doing it.
This time they might go ahead with it though
Treasury sell-down report denied
The US president, the US treasury secretary and mainland economists yesterday dismissed a British news report saying Beijing had warned of a retaliatory sell-off of US treasuries.
www.scmp.com
too bad Trump turned his head during the speech in Butler.
I sure wouldn't want to be a DOGE fired U.S. government employee with a now devastated IRA or 401 (K) retirement plan...
I sure wouldn't want to be a DOGE fired U.S. government employee with a now devastated IRA or 401 (K) retirement plan...
Same. I actually went on and invested more today.
Trump pushed through tariffs against Canada using the International Emergency Economic Powers Act, a law which congress stupidly passed in 1977 and is now being exploited. The supposed justification is Fentanyl and, if that justification doesn't work, he'll fall back on "national security". Fentanyl definitely is a BS excuse. He knows it, we know it, everyone knows it. But he's using it to give himself legal justification for the tariffs. National security is a more solid legal justification, but you can only reasonably use it as grounds for SOME tariffs. Probably steel and aluminum, and maybe automobiles, for instance.I thought the House still had to vote on it. Maybe I'm wrong.
The Republican majority Senate yesterday voted against the tariffs though
Republicans join Democrats in Senate vote to rescind Trump Canada tariffs
Resolution that would block tariffs passes 51-48 in Senate, in vote that shows Republican unease over president’s planswww.theguardian.com
Yes, the senate voted for the resolution to remove tariffs from Canada, but the tariffs would only be revoked if the House also votes in favour of that resolution, which seems unlikely.
