President Donald Trump
I assume it's still acceptable to have a Trump thread in a Politics forum?
So this is an obvious lie - basically aimed at
It's a brute force starting point for negotiations. Fits trump approach to a tee.
Probably helps if the intelligent people make themselves stupid banging their heads against the calculation (Boris bus all over again for the Ukers)
no, because it starts higher not based on something to accomplish.
he didn't set tariffs higher with targets he wanted to "bend" more, see Vietnam vs china which under no possible model can we think Trump has more to ask from Vietnam or Cambodia than from China.
no, because it starts higher not based on something to accomplish.
he didn't set tariffs higher with targets he wanted to "bend" more, see Vietnam vs china which under no possible model can we think Trump has more to ask from Vietnam or Cambodia than from China.
Makes no difference to trump as long as it's high enough to make them bend. Which is it. Trump camp already boasting that so many want to negotitate and the reality is we all will - except maybe the penguins.
based on something to accomplish
There lies the rub. Is he capable of (even assuming he wants to) landing anywhere remotely sensible.
https://www.politico.com/live-updates/20...
Nebraska Rep. Don Bacon said he plans to introduce a companion bill to the bipartisan Senate legislation aimed at reclaiming Congress’ authority over tariffs, becoming the first House Republican to openly challenge the powers President Donald Trump is using to launch a massive global trade war.
Bacon confirmed his plans to POLITICO on Friday as market losses continued to pile up and rattle Republicans on Capitol Hill.
reminder that if Trump loses 2 republicans in the house he cannot pass anything at all in reconciliation (meaning his first term tax cuts would expire for example)
Musk Melts Down at Trump’s Tariff Guru as Feud Goes Public
Elon Musk has taken a massive swipe at President Donald Trump’s trade adviser amid the deepening economic chaos caused by the sweeping “Liberation Day” tariffs.
In a Saturday X post, the Tesla CEO ripped Peter Navarro as someone who “ain’t built s--t” and shaded his Harvard PhD in economics as “a bad thing, not a good thing.”
Musk, who’s openly expressed disdain for Ivy League institutions, commented, “yup” under a quote from U.S. economist Thomas Sowell that read: “In every disaster throughout American history, there always seems to be a man from Harvard in the middle of it.”
He also seemed to suggest that Navarro had an excess of self-confidence and dearth of actual intelligence, writing “results in the ego/brains>> 1 problem.”
A seemingly ubiquitous presence across U.S. television, Navarro has been one of Trump’s staunchest defenders over the president’s controversial obsession with holding to account both allies and adversaries he believes have long been taking U.S. markets for granted at the perceived expense of domestic businesses and jobs.
over/under on how long it takes for her to get fired?
Pam Bondi, the US attorney general, has expressed skepticism about the idea of Donald Trump serving a third term in the White House, saying that when her boss’s current presidency ends on 20 January 2029, he is probably “going to be finished”.
the rats are turning on each other
In an exchange Saturday on his social media platform, X, Musk slammed Peter Navarro, the Trump administration’s senior counselor for trade and manufacturing, who has championed the tariffs.
“A PhD in Econ from Harvard is a bad thing, not a good thing,” Musk posted about Navarro’s academic background. The Tesla CEO also added of Navarro: “He ain’t built sh*t.”
I am sure every country tariffed might well be trying to do a deal with Trump to reduce it somewhat, but I'm also sure every country tariffed is assuming Trump will always act in bad faith (or at best is unreliable), so will be looking to develop trade with anywhere except the USA, and be looking to reduce its dependencies on trade with US.
Like I said before, where this is going, in the USA = America First, rest of the world = America Last
Wait just rechecked it changed into 7-13-20%, and last hour 7% from the 3pm cutoff
https://www.cmegroup.com/trading/equity-...
Outside market hours it's 7%, but also 3.5% range within an hour can trigger it (2 min halt only).
So I suppose it triggered the 2 min limit down this time
Ye triggered here (red dot)
Nope for american indexes futures the limit down is 5% during american market hours, 7% otherwise. Last hour of markets is 7% as well
Sp500 fur currently a little worse than -4
(Limit down is only a 15 min trading halt though)
I was looking a nasdaq. Down 4.85% now
Doesn’t matter .
Those facts doesn’t pawn the libs and the left !
Trump is winning !
Ps: nice vid .
I am sure every country tariffed might well be trying to do a deal with Trump to reduce it somewhat, but I'm also sure every country tariffed is assuming Trump will always act in bad faith (or at best is unreliable), so will be looking to develop trade with anywhere except the USA, and be looking to reduce its dependencies on trade with US.Like I said before, where this is goin
US soybean farmers still haven't recovered from Trump's first term
