March 6Mar 6 Lol at Trump's tarrifs. He keeps bringing them back, they keep fsiling, his tesm panic and get him to walk them back. A month or so later, Trumplestiltskin brings them back and the cycle repeats. He really is hoping to conquer Canada via then too!! :lol: :lol:
March 6Mar 6 The way China responded is a sign how much tariffs hurt them. They mentioned being ready for ‘any kind of war’ that’s a country that is frustrated. Their economy is reliant upon exports and the US is its biggest consumer. Apple and other companies now making products in the US instead of China. Trump is really saving America and in the long term it’ll really show
March 7Mar 7 47 minutes ago, SotaLiam said:The way China responded is a sign how much tariffs hurt them. They mentioned being ready for ‘any kind of war’ that’s a country that is frustrated. Their economy is reliant upon exports and the US is its biggest consumer. Apple and other companies now making products in the US instead of China. Trump is really saving America and in the long term it’ll really showChina just end up flooding the market with cheaper alternatives though. Not sure their economy is reliant on exports at all, sure that is where a lot of the main growth is. The US economy is already beginning to show signs that it is unstable. This magic "we will see the benefits in 10 years" is horseshit. The markets don't like trade wars. They don't have any plan for what they are doing that works in any form of reality. By all logical accounts, what is going on end to end across the administration is pretty unstable.
March 7Mar 7 59 minutes ago, SotaLiam said:The way China responded is a sign how much tariffs hurt them. They mentioned being ready for ‘any kind of war’ that’s a country that is frustrated. Their economy is reliant upon exports and the US is its biggest consumer. Apple and other companies now making products in the US instead of China. Trump is really saving America and in the long term it’ll really showPaahahahahahaa ... no.
March 7Mar 7 1 hour ago, SotaLiam said:The way China responded is a sign how much tariffs hurt them. They mentioned being ready for ‘any kind of war’ that’s a country that is frustrated. Their economy is reliant upon exports and the US is its biggest consumer. Apple and other companies now making products in the US instead of China. Trump is really saving America and in the long term it’ll really showIt's just not how nodern economics work. If China gets tariffed too mich, they won't move their factories back ro rhe US. It no longer has the capacity or workforce. It will move then to another country where it is chesper to build, produce snd hire people. Sorry. Trump is ssving nobody but his own skin.
March 7Mar 7 9 hours ago, Walford Whacker said:It's just not how nodern economics work. If China gets tariffed too mich, they won't move their factories back ro rhe US. It no longer has the capacity or workforce. It will move then to another country where it is chesper to build, produce snd hire people. Sorry. Trump is ssving nobody but his own skin.Apple already did. They won’t be the last either. It no longer has the workforce because they took their jobs shipped them out and now whole towns are crackheads. That’s called coping with a terrible life. The only way to change that is to bring the money back. 9 hours ago, Rooney said:China just end up flooding the market with cheaper alternatives though. Not sure their economy is reliant on exports at all, sure that is where a lot of the main growth is. The US economy is already beginning to show signs that it is unstable. This magic "we will see the benefits in 10 years" is horseshit. The markets don't like trade wars. They don't have any plan for what they are doing that works in any form of reality. By all logical accounts, what is going on end to end across the administration is pretty unstable.What do you mean not sure? That’s 10% of their GDP. They tried flooding the markets in other countries and they all started putting tariffs on them too. China has a deflation problem. They have tons of goods nobody is buying. They’re selling them cheaper and cheaper until the point everyone is putting huge tariffs on them. China is a bigger threat in a real sense than Russia militarily. Yet debt essentially funds their military. UK, US especially taxpayers fund their military. They have 1 billion people. You can’t beat this country in anything of your allow them to undercut you. In the 90’s the UK had a bigger economy than China. Not long later and China is a super super power and the UK is a disaster. That’s because China didn’t get politically correct and try to brainwash people that immigration = growth they just exploited the system and undercut everyone and had all the tax from the major companies. The only way to compete is tariffs. China are worried because once the world sees Trump’s way it works everybody will follow. Then China will be stuck with hundreds of millions of people unable to make money or work and their power will diminish greatly as they have a huge crisis. What Trump is doing is laying the blueprint for the rest of the western world to save itself from their slow walking march into economic oblivion
March 7Mar 7 10 minutes ago, SotaLiam said:Apple already did. They won’t be the last either. It no longer has the workforce because they took their jobs shipped them out and now whole towns are crackheads. That’s called coping with a terrible life. The only way to change that is to bring the money back.What do you mean not sure? That’s 10% of their GDP. They tried flooding the markets in other countries and they all started putting tariffs on them too. China has a deflation problem. They have tons of goods nobody is buying. They’re selling them cheaper and cheaper until the point everyone is putting huge tariffs on them.China is a bigger threat in a real sense than Russia militarily. Yet debt essentially funds their military. UK, US especially taxpayers fund their military. They have 1 billion people. You can’t beat this country in anything of your allow them to undercut you. In the 90’s the UK had a bigger economy than China. Not long later and China is a super super power and the UK is a disaster. That’s because China didn’t get politically correct and try to brainwash people that immigration = growth they just exploited the system and undercut everyone and had all the tax from the major companies. The only way to compete is tariffs. China are worried because once the world sees Trump’s way it works everybody will follow. Then China will be stuck with hundreds of millions of people unable to make money or work and their power will diminish greatly as they have a huge crisis.What Trump is doing is laying the blueprint for the rest of the western world to save itself from their slow walking march into economic oblivionLiam, that is a very naive outlook on everything :lol: The UK's economy is because of "immigration" Leave off Twitter. There's only so much growth before you flatline. China is still going through their industrial revolution. I think if you were to look back on the British history now, we made some decisions in the 80s which paid dividends at the time, but have hampered our growth now through outsourcing and reducing becoming a manufacturing economy. And then of course the world is still reeling from the economic crash of 2008 in reality, as a lot of the decisions made post then are hampering us now. And who can forget Brexit which has made our economy even smaller, living proof the "long term" strategy doesn't work. There's the other angle that the West will cosy up to China in the short term to make up for any American shortfall to avoid tariffs.As I have already explained, America is an unreliable trade partner. You seem convinced the world will follow their blueprint, but we are currently facing the markets reacting badly to tariffs and the highest layoffs in the private sector since 2009. Add this to the absolute joke of DOGE at the moment and the uproar around slashing federal agencies.. and Musk deciding it's not his fault for the cuts. The American economy is currently underperforming and this ideology which MAGA are pushing through is unlikely to work imo.
March 7Mar 7 Author *taking notes* China's economic strength is due to them not being politically correct, hmm, hmm, fascinatingIf tariffs are the way forward and will save the west from economic oblivion, why is the supreme orange leader folding like a house of cards as soon as the economic impact of tariffs make themselves known and he talks to the leaders he's putting them on. For that matter, why is he putting tariffs on his allies at all? They're a delicate economic tool to be used in the right circumstance* and he wields them like a blunt instrument.*like, for example, SOME forms of import/export with a country that undercuts with backwards labour laws like China (the real reason they do so well, they have so many people, if they had more immigration they could do even more! pretty basic stuff), but blanket tariffs are not good for the issuing country, it harms US trade, it harms US consumers, it may harm the Chinese but they have the easiest route out of it by pivoting their exports somewhere else.
March 7Mar 7 These tariffs are a joke with probably the exception of China. China has for over a decade now being engaging in state supported dumping to undermine manufacturing in the west and make the world reliant on China as a way to fuel growth and attempt to outrun their communist systems inevitable collapse. To do so they have created a monumental debt bubble that is begging to burst and will probably drag down half the worlds banks with it.I am generally against trade barriers like tariffs, but that assumes that one party isn’t engaging in dumping. When dumping is involved then punitive tariffs can and should be levied.The US is weaponising tariffs to bully states into behaviours it wants. a dangerous precedent to set. We’ve already seen China try that with a handful of countries over recognition of Taiwan for example and the US stood against it then but hypocrisy has never been a problem for trump
March 7Mar 7 4 hours ago, SotaLiam said:Apple already did. They won’t be the last either. It no longer has the workforce because they took their jobs shipped them out and now whole towns are crackheads. That’s called coping with a terrible life. The only way to change that is to bring the money back.What do you mean not sure? That’s 10% of their GDP. They tried flooding the markets in other countries and they all started putting tariffs on them too. China has a deflation problem. They have tons of goods nobody is buying. They’re selling them cheaper and cheaper until the point everyone is putting huge tariffs on them.China is a bigger threat in a real sense than Russia militarily. Yet debt essentially funds their military. UK, US especially taxpayers fund their military. They have 1 billion people. You can’t beat this country in anything of your allow them to undercut you. In the 90’s the UK had a bigger economy than China. Not long later and China is a super super power and the UK is a disaster. That’s because China didn’t get politically correct and try to brainwash people that immigration = growth they just exploited the system and undercut everyone and had all the tax from the major companies. The only way to compete is tariffs. China are worried because once the world sees Trump’s way it works everybody will follow. Then China will be stuck with hundreds of millions of people unable to make money or work and their power will diminish greatly as they have a huge crisis.What Trump is doing is laying the blueprint for the rest of the western world to save itself from their slow walking march into economic oblivionImpossible. There isn't the manufacturing base and the costs would be too high to reestablish it snd gwt enough workers, when unemployment under BIDEN fell to an all time low. They maye bring a fww posts back to appease Trump, but I mean a few. They probably moved to Thailand.
March 7Mar 7 4 hours ago, SotaLiam said:Apple already did. They won’t be the last either. It no longer has the workforce because they took their jobs shipped them out and now whole towns are crackheads. That’s called coping with a terrible life. The only way to change that is to bring the money back.What do you mean not sure? That’s 10% of their GDP. They tried flooding the markets in other countries and they all started putting tariffs on them too. China has a deflation problem. They have tons of goods nobody is buying. They’re selling them cheaper and cheaper until the point everyone is putting huge tariffs on them.China is a bigger threat in a real sense than Russia militarily. Yet debt essentially funds their military. UK, US especially taxpayers fund their military. They have 1 billion people. You can’t beat this country in anything of your allow them to undercut you. In the 90’s the UK had a bigger economy than China. Not long later and China is a super super power and the UK is a disaster. That’s because China didn’t get politically correct and try to brainwash people that immigration = growth they just exploited the system and undercut everyone and had all the tax from the major companies. The only way to compete is tariffs. China are worried because once the world sees Trump’s way it works everybody will follow. Then China will be stuck with hundreds of millions of people unable to make money or work and their power will diminish greatly as they have a huge crisis.What Trump is doing is laying the blueprint for the rest of the western world to save itself from their slow walking march into economic oblivionChina has a billion people. Of course their economy, dueing an industrial revolurion, qould wclipse that of a countey of 70 million... Political correctness and inmigration to blsme for the UK slipping omfgggg 🤣🤣🤣🤣 Ww had: 15 years of Tories, coronavirus, Brexshit and rhe 2008 crash, sooo
March 7Mar 7 4 hours ago, Rooney said:Liam, that is a very naive outlook on everything :lol: The UK's economy is because of "immigration" Leave off Twitter. There's only so much growth before you flatline. China is still going through their industrial revolution. I think if you were to look back on the British history now, we made some decisions in the 80s which paid dividends at the time, but have hampered our growth now through outsourcing and reducing becoming a manufacturing economy. And then of course the world is still reeling from the economic crash of 2008 in reality, as a lot of the decisions made post then are hampering us now. And who can forget Brexit which has made our economy even smaller, living proof the "long term" strategy doesn't work. There's the other angle that the West will cosy up to China in the short term to make up for any American shortfall to avoid tariffs.As I have already explained, America is an unreliable trade partner. You seem convinced the world will follow their blueprint, but we are currently facing the markets reacting badly to tariffs and the highest layoffs in the private sector since 2009. Add this to the absolute joke of DOGE at the moment and the uproar around slashing federal agencies.. and Musk deciding it's not his fault for the cuts. The American economy is currently underperforming and this ideology which MAGA are pushing through is unlikely to work imo.Still reeling from 2008? What on earth. Brexit is so irrelevant. It’s not a factor in economic strength or weakness. You can’t group 500 million people and dozens of countries together and have some robots make rules and laws for all. It was just a way to make Europe like the US without the states rights part. Outdated concept for pretentious people. Free movement works with countries on the same economic and population level. Otherwise everyone from poor countries just migrate to rich countries like duh? Why wouldn’t they? But that just leads to chaos. Trump is offering the only solution that’s viable to the world situation. You can listen to the same people argue back and forth when they’ve both been in power and never made anything better propose the same things all over again or realise it simply doesn’t work. Immigration is the root of most problems economically. Hypothetically remove 10 million people but keep the same number of GPs, nurses, doctors etc. All problems are gone, this is obvious. Waiting lists down. Better care/treatment. Cleaner. Better transport. Less pollution. More housing and more luxury. It couldn’t be more obvious. Why is it you think the rich get richer and the gap has been growing excessively in the last 25 years especially? Two reasons. Immigration and slave labor. The solution is controlling numbers and tariffs. If it’s costly to outsource jobs and factories then companies won’t do it. If you don’t have people lowering wages and people won’t work for peanuts then companies will raise wages. They can’t outsource due to tariffs. So will Apple sell an iPhone for 3k? No. Nobody will buy that. It’ll still have to be affordable except now they’re paying better wages so everybody wins just apple’s profits are less. Is that good for the stock market? Who cares. That’s not important. You have to make society function and the rest follows. Otherwise it’s a race to the bottom. Time will tell with DOGE. I have no opinion yet, it’s an interesting concept. 3 hours ago, Iz 🌟 said:*taking notes* China's economic strength is due to them not being politically correct, hmm, hmm, fascinatingIf tariffs are the way forward and will save the west from economic oblivion, why is the supreme orange leader folding like a house of cards as soon as the economic impact of tariffs make themselves known and he talks to the leaders he's putting them on. For that matter, why is he putting tariffs on his allies at all? They're a delicate economic tool to be used in the right circumstance* and he wields them like a blunt instrument.*like, for example, SOME forms of import/export with a country that undercuts with backwards labour laws like China (the real reason they do so well, they have so many people, if they had more immigration they could do even more! pretty basic stuff), but blanket tariffs are not good for the issuing country, it harms US trade, it harms US consumers, it may harm the Chinese but they have the easiest route out of it by pivoting their exports somewhere else.Because what’s the point in tariffs on China if Mexico and Canada don’t have them? Then China can just sell in via those countries. Plus I don’t think Trump is folding due to markets. He’s clearly creating an atmosphere where companies can’t risk outsourcing or moving since he can spring tariffs at any moment and you never know if he’ll keep them or not. It’s also a power move to see what you can get out of them. The overall concept is the right one even if his implementation is a bit narcissistic. But also a warning not to get in bed with China as it’ll be more costly than beneficial. As for the 1st part did China not become an economic powerhouse in the last 25 years? Yet just 0.10% of their population are immigrants. I thought countries ‘needed’ immigration to prosper. 1 hour ago, Silas said:These tariffs are a joke with probably the exception of China. China has for over a decade now being engaging in state supported dumping to undermine manufacturing in the west and make the world reliant on China as a way to fuel growth and attempt to outrun their communist systems inevitable collapse. To do so they have created a monumental debt bubble that is begging to burst and will probably drag down half the worlds banks with it.I am generally against trade barriers like tariffs, but that assumes that one party isn’t engaging in dumping. When dumping is involved then punitive tariffs can and should be levied.Yet the UK still won’t impose tariffs on China. The good thing is someone is doing something different and the world can see if it works. If it does like I suspect then Europe will inevitably follow.
March 7Mar 7 22 minutes ago, SotaLiam said:Still reeling from 2008? What on earth. Brexit is so irrelevant. It’s not a factor in economic strength or weakness. You can’t group 500 million people and dozens of countries together and have some robots make rules and laws for all. It was just a way to make Europe like the US without the states rights part. Outdated concept for pretentious people. Free movement works with countries on the same economic and population level. Otherwise everyone from poor countries just migrate to rich countries like duh? Why wouldn’t they? But that just leads to chaos.Trump is offering the only solution that’s viable to the world situation. You can listen to the same people argue back and forth when they’ve both been in power and never made anything better propose the same things all over again or realise it simply doesn’t work.Immigration is the root of most problems economically. Hypothetically remove 10 million people but keep the same number of GPs, nurses, doctors etc. All problems are gone, this is obvious. Waiting lists down. Better care/treatment. Cleaner. Better transport. Less pollution. More housing and more luxury. It couldn’t be more obvious.Why is it you think the rich get richer and the gap has been growing excessively in the last 25 years especially? Two reasons. Immigration and slave labor. The solution is controlling numbers and tariffs.If it’s costly to outsource jobs and factories then companies won’t do it. If you don’t have people lowering wages and people won’t work for peanuts then companies will raise wages. They can’t outsource due to tariffs. So will Apple sell an iPhone for 3k? No. Nobody will buy that. It’ll still have to be affordable except now they’re paying better wages so everybody wins just apple’s profits are less. Is that good for the stock market? Who cares. That’s not important. You have to make society function and the rest follows. Otherwise it’s a race to the bottom. Time will tell with DOGE. I have no opinion yet, it’s an interesting concept.Because what’s the point in tariffs on China if Mexico and Canada don’t have them? Then China can just sell in via those countries. Plus I don’t think Trump is folding due to markets. He’s clearly creating an atmosphere where companies can’t risk outsourcing or moving since he can spring tariffs at any moment and you never know if he’ll keep them or not. It’s also a power move to see what you can get out of them. The overall concept is the right one even if his implementation is a bit narcissistic. But also a warning not to get in bed with China as it’ll be more costly than beneficial.As for the 1st part did China not become an economic powerhouse in the last 25 years? Yet just 0.10% of their population are immigrants. I thought countries ‘needed’ immigration to prosper.Yet the UK still won’t impose tariffs on China. The good thing is someone is doing something different and the world can see if it works. If it does like I suspect then Europe will inevitably follow. Brexshit is a MAJOR MAJOR MAJORRRR factor in the economic decline of the uk. It had never recovered. The data is there. What a surpriiide that the right winger supported evil undemocratic Tory brexshit!
March 7Mar 7 30 minutes ago, SotaLiam said:Still reeling from 2008? What on earth. Brexit is so irrelevant. It’s not a factor in economic strength or weakness. You can’t group 500 million people and dozens of countries together and have some robots make rules and laws for all. It was just a way to make Europe like the US without the states rights part. Outdated concept for pretentious people. Free movement works with countries on the same economic and population level. Otherwise everyone from poor countries just migrate to rich countries like duh? Why wouldn’t they? But that just leads to chaos.Trump is offering the only solution that’s viable to the world situation. You can listen to the same people argue back and forth when they’ve both been in power and never made anything better propose the same things all over again or realise it simply doesn’t work.Immigration is the root of most problems economically. Hypothetically remove 10 million people but keep the same number of GPs, nurses, doctors etc. All problems are gone, this is obvious. Waiting lists down. Better care/treatment. Cleaner. Better transport. Less pollution. More housing and more luxury. It couldn’t be more obvious.Why is it you think the rich get richer and the gap has been growing excessively in the last 25 years especially? Two reasons. Immigration and slave labor. The solution is controlling numbers and tariffs.If it’s costly to outsource jobs and factories then companies won’t do it. If you don’t have people lowering wages and people won’t work for peanuts then companies will raise wages. They can’t outsource due to tariffs. So will Apple sell an iPhone for 3k? No. Nobody will buy that. It’ll still have to be affordable except now they’re paying better wages so everybody wins just apple’s profits are less. Is that good for the stock market? Who cares. That’s not important. You have to make society function and the rest follows. Otherwise it’s a race to the bottom. Time will tell with DOGE. I have no opinion yet, it’s an interesting concept.Because what’s the point in tariffs on China if Mexico and Canada don’t have them? Then China can just sell in via those countries. Plus I don’t think Trump is folding due to markets. He’s clearly creating an atmosphere where companies can’t risk outsourcing or moving since he can spring tariffs at any moment and you never know if he’ll keep them or not. It’s also a power move to see what you can get out of them. The overall concept is the right one even if his implementation is a bit narcissistic. But also a warning not to get in bed with China as it’ll be more costly than beneficial.As for the 1st part did China not become an economic powerhouse in the last 25 years? Yet just 0.10% of their population are immigrants. I thought countries ‘needed’ immigration to prosper.Yet the UK still won’t impose tariffs on China. The good thing is someone is doing something different and the world can see if it works. If it does like I suspect then Europe will inevitably follow.2008 is a huge point for why our economy is as it is today. All of the decisions that followed (austerity etc.) were of a direct consequence. And yes Brexit is extremely irrelevant. Guessing you don't work with a business exporting goods? Not having a free tariff means the cost goes up as you can't take advantage of no extra taxes. The United Kingdom contracted its economy with Brexit, I am not sure what makes that irrelevant. The EU is not perfect, but there were a lot of direct and indirect benefits which we threw away when we left and why there was so much fuss about not leaving without a deal, as it would have crippled manufacturing.If we remove 10 million people from this country, we remove 10 million people who provide a net economic benefit to the country.. how is this good????!!!! The rich get richer because of capitalism. The US are trying to create an oligarch system, which benefits the rich.The example of Apple is absolutely nuts. This idea that everything will be produced locally will be a win-win. Businesses and share holders exist to make money. If shareholders don't see a ROI or low dividends, they move their funds elsewhere or put pressure on the business to change their ways. This idea of resetting the norm is pure fiction. If an iPhone is fully manufactured in the US, the cost of labour is far higher which means the margins are tighter so the company either absorbs the cost or passes it on the consumer. This either fuels inflation or consumers vote with their feet and move to cheaper alternatives. All you end up doing is enforcing redundancies and encouraging companies to move in to line automation as its cheaper.
March 7Mar 7 Author 2 hours ago, SotaLiam said:Because what’s the point in tariffs on China if Mexico and Canada don’t have them? Then China can just sell in via those countries. Plus I don’t think Trump is folding due to markets. He’s clearly creating an atmosphere where companies can’t risk outsourcing or moving since he can spring tariffs at any moment and you never know if he’ll keep them or not. It’s also a power move to see what you can get out of them. The overall concept is the right one even if his implementation is a bit narcissistic. But also a warning not to get in bed with China as it’ll be more costly than beneficial.As for the 1st part did China not become an economic powerhouse in the last 25 years? Yet just 0.10% of their population are immigrants. I thought countries ‘needed’ immigration to prosper.A famously good business atmosphere, one where an outside force can impact one's profits on a whim. Anyway, if that was the logic, the answer is not blanket tariffs on all goods from a country, it's rules on third country rerouting and properly determining the originator of a good like the UK has so as to stop tariff evasion. This all just falls apart if you think about it for 5 seconds and remove nationalistic brainrot from your head.I think in your desperation to prove immigration the greatest of all evils you are misreading me, I have never said immigration was a necessity, the very simple argument that I could draw with fucking crayons is more people of working-age are good and when a country lacks those, it's good to bring them in because they will stimulate the economy. Obvious example is the gulf states, though of course I wouldn't hold that up as a positive example of immigration as the working conditions for migrants there is tantamount to slavery, but this also applies to a large part of the immigration that western nations see.China of course has never needed immigration in the past because they've had a large population, though more would never hurt their economic outlook - and actually to maintain their economic level they're actually going to need immigrants pretty quickly because their population is ageing below replacement rate quite fast - and on a bigger scale than their neighbours that's going to hit hard - there are ghost cities all over the country already. Not sure what their recent economic expansion has to do with anything, that's just an unparalleled miracle led by Dengism's liberalising reforms and carried through the next three decades. When the consequences of their current youth unemployment and deflation hit, that's not going to be majorly to do with the US putting tariffs on them, from their perspective they have a whole world to sell to, it'll be the poor worker's rights slowing down productivity and the local Xi Jinping Thought nationalism that doesn't offer any fixes.
March 7Mar 7 Author Actually, that is an interesting parallel between Maoism and MAGAism, the idea that the outside world has been taking advantage of them, that they have been historically wronged, and they need to become strong and powerful to fix this, so that historical injustices can be corrected.It's completely wrong-headed and illogical from an economic point of view, but lends itself well to protectionism. And proved wrong once Dengism made Maoism obsolete economically, and now of course modern China is all about cooperation across the world, Belt And Road etc. All ready to slide in as the economic leader of the world should, say, an America on top of the world decide to illogically retreat into isolationism.
March 11Mar 11 US President Donald Trump says he will double tariffs on Canadian steel and aluminium from 25% to 50%It will be interesting to see how this plays out. I believe China are most hurt by this and tried to cause a market meltdown yesterday by dumping stocks to force a reaction which didn’t come. Now Trump is responding to Canada’s rhetoric by doubling the tariffs. It’s essentially a true trade war now and if you truly believe in tariffs which Trump does you can’t be swayed by the markets.
March 11Mar 11 1 hour ago, Liam S said:It will be interesting to see how this plays out. I believe China are most hurt by this and tried to cause a market meltdown yesterday by dumping stocks to force a reaction which didn’t come. Now Trump is responding to Canada’s rhetoric by doubling the tariffs. It’s essentially a true trade war now and if you truly believe in tariffs which Trump does you can’t be swayed by the markets.“Don’t believe in the markets” - can’t wait to see how long this one lasts. I remember Liz Truss having the exact same rhetoric as well. Trump and MAGA by association as dumb. Basically caused the markets to panic, put some dumb tariffs, Quebec will now enter the tariff war. I think the Trump administration have some genuinely logical ideas but their execution is bonkers. Anyway, hopefully Canada hold out strong, completely dumb move from the US.
March 12Mar 12 Author The President of the United States appearing in an ad-read for Tesla and calling people who protest against Tesla 'domestic terrorists', uh-huh going well.and his ludicrous efforts in the economic zone have wiped a portion of the savings of anyone investing (so now I'm personally mad, even in a diversified S&S ISA you feel it a bit)
March 13Mar 13 If anyone needs further proof Trump and his advisers have no idea what they are doing, see today’s latest quotes. 200% tariffs so people can buy US champagne that doesn’t exist 🤡
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