Tariffs on Canada delayed for 30 days. Edit: Trump folds again. 90 day pause.

[Valcazar]

I wonder. It would only take a few defections in the house.

They would have to vote on it, though.
The basic rule is that for an emergency declared under the tariffs, the House has to vote on a resolution to end the emergency within 18 “calendar days” of its introduction.

So Mike Johnson never needs to bring it to a vote.

 

[Phil C. McNasty]

Those European contracts for weapons may not be coming back

If I remember correctly the defense arm of Boeing only accounts for about 33% of their total sales. And European sales are less than 10%.

So if that dried up Boeing would take a hit, but it would never bankrupt them

 

[Phil C. McNasty]

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

That's what I thought they said on the news.

If the US goes into some deep depression over the next couple weeks, it is theoretically possible that they might still vote on it

 

[Phil C. McNasty]

All the blue chip stocks are down by quite a bit in pre-market trading this morning.
We could have another Black Friday today

 

[Phil C. McNasty]

China retaliates. 34% tariffs on ALL US products

https://www.cnn.com/2025/04/04/business/china-us-tariffs-retaliation-hnk-intl/index.html

 

[squeezer]

Every country needs to take a unified global response. Shut them down!

 

[DesRicardo]

Yup. The level of stupid here is sky high, due mostly to bumpkins believing everything they hear on Fox News and read on Facebook. Republicans have capitalized on that stupidity (in addition to the hate and fearmongering). It's why these assholes are making so many cuts in education. They need a stupid, misinformed, gullible populace for their political survival.
By the way, why hasn't @mitchell76 chimed in lately?

It's crazy how they will spin all Trump's failures into positives.And their audience still believes it.

And all the MAGA/51st State supporters on this site ran. They realized this would be much harder than advertised and split before anymore embarrassment could happen.

 

[DesRicardo]

It's the Vietnam tariffs. All clothing is about to go up in the USA.

98% of America's footwear is imported. Safe to say this is not a thought out plan.

https://x.com/allenanalysis/status/1907639257717457292

https://x.com/PeterSchiff/status/1907420532892471494

 

[DesRicardo]

Trump's Tariffs look like they were created by CHATGPT.

Trump’s new tariff math looks a lot like ChatGPT’s

ChatGPT may be the White House’s latest economic advisor.

www.theverge.com

 

[DesRicardo]

And Elon could be stepping down from DOGE in a few month.

I wonder why?

 

[squeezer]

To all the Trumputin Terbie supporters,

How would America be today under Kamala? Imagine that! No instability, stock market purring along, nobody worried about job losses, plants shutting down, GOD DAMN, not sure the righties would be able to stand it I guess.

PS...I almost forgot, NO SOVEREIGN NATIONS being threatened with annexation.

Sure, the Russian invasion wouldn't have been stopped in 24 hours- oh wait, it hasn't, ok, scrap that.

Sure, the prices of groceries wouldn't have come down. OH WAIT, scrap that.

Sure, waiters and waitresses would get to keep their tip money tax free. Oh, OH WAIT, scrap that.

Job creation- oh wait, scrap that, if anything it's been job annihilation.

Faster economic growth than ever seen before no comment needed.

 

[Butler1000]

If I remember correctly the defense arm of Boeing only accounts for about 33% of their total sales. And European sales are less than 10%.

So if that dried up Boeing would take a hit, but it would never bankrupt them

Imagine a 20% drop in sales. For years. What's their profit margin, fixed costs for manufacturing? That's the ugly part.

 

[Phil C. McNasty]

DOW -900 at opening bell

 

[Phil C. McNasty]

Imagine a 20% drop in sales. For years. What's their profit margin, fixed costs for manufacturing? That's the ugly part.

Just bought 110 Boeing shares @ $140.65 USD/share

 

[Phil C. McNasty]

https://twitter.com/i/web/status/1907892355170013594

 

[SchlongConery]

Are orange man’s rimmers not very active in this thread or have I successfully blocked all of them?

The Canadian Trump supporters are having a hard time reading since the tariffs against Canada came into force. Seems the Orange friend of Putin has found another way to enjoy life.
'

Comedian loses it over Trump-inspired beauty trend

Roy Wood Jr. quizzes team captains Amber Ruffin and Michael Ian Black, along with this week’s guests Sam Jay and Sam Seder, about a new surgical trend that i...

youtube.com

 

[SchlongConery]

If I remember correctly the defense arm of Boeing only accounts for about 33% of their total sales. And European sales are less than 10%.

So if that dried up Boeing would take a hit, but it would never bankrupt them

Boeing is not going bankrupt but they will continue their decline.

Their rocket fizzled and leaked, they still have lots of liability for existing B737 Max' and so many other problems and failures they are dealing with now. The travelling public does NOT trust Boeing. If it's Boeing, I'm not going feeleing has not showed any signs of slowing down.

And mostly, there is no doubt that Trump turning their friends and allies into enemies who have "been ripping off America for years'.. etc will sour people on Boeing, the quintessential American icon. Plus their airliners are slipping behind Airbus' because they simply make better, more efficient, technically advanced, fuel efficient and comfortable airlines than Boeing.

And I have heard that there are lost of non-US parts sub-contractors who are being approached by Airbus to help Airbus deliver more aircraft. Trump doesn't realize that fresh entrepreneurs are just going to jump in, start a capital intensive business on teh HOPE that Boeing may select them. That industry is all about connections to get the biz.

Militarily... what country in their right mind is going to trust the arms the US sells them with more paperwork in the agreement than in the Pilots Operating Manuals and Maintenance Manuals? If the US can't sell their military and commercial products ABROAD (NOT just Europe no longer trusts Trump) then the number their development costs are amortized over, will skyrocket per unit for internal consumption.

The Europeans have woken up and are going to take this wake-up call as an opportunity to develop their own technologies and manufacturing to truly have their own military hardware in their own control. Not be betrothen to this or a future fascist demagogue who has proved his will SWITCH OFF Us equipment because of an ill-advised, staged, temper tantrum in a White House meeting because Trump has animosity towards an ally ... until the day Trump was elected. And you betcha that they will poach US client states.

 

[squeezer]

Boeing is not going bankrupt but they will continue their decline.

Their rocket fizzled and leaked, they still have lots of liability for existing B737 Max' and so many other problems and failures they are dealing with now. The travelling public does NOT trust Boeing. If it's Boeing, I'm not going feeleing has not showed any signs of slowing down.

And mostly, there is no doubt that Trump turning their friends and allies into enemies who have "been ripping off America for years'.. etc will sour people on Boeing, the quintessential American icon. Plus their airliners are slipping behind Airbus' because they simply make better, more efficient, technically advanced, fuel efficient and comfortable airlines than Boeing.

And I have heard that there are lost of non-US parts sub-contractors who are being approached by Airbus to help Airbus deliver more aircraft. Trump doesn't realize that fresh entrepreneurs are just going to jump in, start a capital intensive business on teh HOPE that Boeing may select them. That industry is all about connections to get the biz.

Militarily... what country in their right mind is going to trust the arms the US sells them with more paperwork in the agreement than in the Pilots Operating Manuals and Maintenance Manuals? If the US can't sell their military and commercial products ABROAD (NOT just Europe no longer trusts Trump) then the number their development costs are amortized over, will skyrocket per unit for internal consumption.

The Europeans have woken up and are going to take this wake-up call as an opportunity to develop their own technologies and manufacturing to truly have their own military hardware in their own control. Not be betrothen to this or a future fascist demagogue who has proved his will SWITCH OFF Us equipment because of an ill-advised, staged, temper tantrum in a White House meeting because Trump has animosity towards an ally ... until the day Trump was elected. And you betcha that they will poach US client states.

Shhhhh, let Phil play with the stock. LOL

 

[squeezer]

It looks like some of the Repugs are starting to grow a set of balls. First it was Rand Paul and now Teddy the Fink Cruz is coming out against his King.

I wonder how long before Trumputin and ass kissers get on him and he starts singing a new song.


Ted Cruz Speaks Out Against Donald Trump's Tariffs: 'Tax on Consumers'

Ted Cruz speaks out against Donald Trump's tariffs: "tax on consumers"

The Texas Senator said he is "not a fan of jacking up taxes on American consumers" and hopes the tariffs are "short-lived."

www.newsweek.com

 

[squeezer]

Just bought 110 Boeing shares @ $140.65 USD/share

Phil, question,

if you were living in the USA today and you knew what you know today, who would you vote for, Kamala or Trumputin?