ADVERTISEMENT

more tariffs

I call it like I see it. There are countries which have fk'd the US and they know it. As an Indian American, it pains me to say that India is one of those countries. So, no I am not distressed by Trump's actions in that one context.

What did India do to us?
 


Jake Sullivan: "When you see the car start careening toward the cliff, you've gotta say something. And what I've seen in less than 100 days is terrible damage to America's credibility and trust with our friends and allies, and terrible damage to America's appeal ... most of all what I've seen is China reaping the benefits."
 


Question: “Trump's strategy has been to announce these tariffs, then dial some back, pause them, make exceptions. Explain why you see this as a good negotiating strategy?"

Treasury Secretary Scott Bessent: "It's called strategic uncertainty.” 🤡
 
And


Question: “Trump's strategy has been to announce these tariffs, then dial some back, pause them, make exceptions. Explain why you see this as a good negotiating strategy?"

Treasury Secretary Scott Bessent: "It's called strategic uncertainty.” 🤡
Out of all of Trump’s economic team Bessent is the one who comes closest to sanity. And he is off his rocker if he thinks uncertainty is good for the country.

Scary.
 
After discovering the US can’t negotiate a multitude of trade agreements with over 150 countries in the time allotted, the Administration floated rumors that instead of private negotiations with each individual party Trump would impose new duties without completing negotiations. Basically, one size fits ALL.
Now the officials say Trump is focused on negotiating agreements with just 18 key trading partners. If the nations don’t negotiate in “good faith” the reciprocal duties would be impose to their Apr. 2 rates. Trump will say whether they negotiated in good faith.

However, with Trump everything is subject to his whims.
 
He lays it bare. What Trump is doing is counterproductive. To his stated goals.
I keep getting told to “pray for surf”. And I have actually prayed for Trump to come to his senses.

But those hoping for good outcomes from this don’t see the water receding from the shoreline in an ominous way. If Trump doesn’t stop this chaos there will be surf in the form of a tsunami that really hurts the US economy over a multi-year period.
 
  • Like
Reactions: tumorboy
I keep getting told to “pray for surf”. And I have actually prayed for Trump to come to his senses.

But those hoping for good outcomes from this don’t see the water receding from the shoreline in an ominous way. If Trump doesn’t stop this chaos there will be surf in the form of a tsunami that really hurts the US economy over a multi-year period.
Rand Paul and some other Senators need to to give an ultimatum. No big beautiful bill. Unless u give tariffs back to Congress.
 
  • Love
Reactions: hawkeyetraveler
Between the new debt being added on and the continuing tariff earthquakes. Can’t see how something doesn’t break eventually.
If we don’t change from our current spending/tax regime by definition we will eventually default or print money. That is a mathematical certainty. It’s just a question of time.

But instead of addressing that issue, the Trump admin has made it even more likely by destabilizing the dollar AND the economy.
 
  • Like
Reactions: tumorboy
I keep getting told to “pray for surf”. And I have actually prayed for Trump to come to his senses.

But those hoping for good outcomes from this don’t see the water receding from the shoreline in an ominous way. If Trump doesn’t stop this chaos there will be surf in the form of a tsunami that really hurts the US economy over a multi-year period.
To play off your analogy. The herd of animals fleeing from shoreline is the bond market.
 
  • Like
Reactions: hawkeyetraveler
In my humble opinion that’s the real danger at this point. At some point, these antics may just push the bond market over the edge….and I feel that may be fairly catastrophic economically.
Next I believe you start taking money from anyone who will lend it. My guess the Arabian peninsula.
 
  • Like
Reactions: NorthEndzoneCrew
ADVERTISEMENT

Latest posts

ADVERTISEMENT
ADVERTISEMENT