Replying to legorhin #jazardly tariffs paused!
Literally dumbest thing Trump could have done
politics
Wednesday, April 9, 2025
Zero benefit to pausing them, and undermines the strong position we were in
Idk spooky, I think if he stops and starts them a few more times, america will be great again
Replying to Phijkchu_Pikachu #klombak So the economy is saved until he unpauses them in 2 weeks
My investment strategy currently is banking on Trump saying something stupid again tonight or tomorrow so I hope so
lol loveland, are you shorting SPY
It spiked after a rumour that he was pausing them the other day
then dropped after it was said that he wasn't
Kind of volatile!
Replying to legorhin #jazardly if trump's strategy was to force a conversation, i guess that worked out
>force a conversation
no it's just a bad move to back off, you'll have very little movement back into the market over the next 90 days, so it delays the benefit the US will get from doing this in the first place, even if we're actively using the time to negotiate tariff reductions from countries
why he did it, no idea. Like I said before the elites still had their money tied up in the market, and the drop wasn't supposed to happen this early in the year
so there may have been a LOT of pressure for him to try to reverse course and delay
This does seem like the kind of all or nothing kind of thing, so pussyfooting around and not hard commiting is retarded
Either crash literally every other countries economies, or keep status quo
you cannot really go back and forth
It's worse for everyone to go back and forth constantly, and better for the US long-term to just apply the tariffs anyway
and my hope is this isn't forgotten and just turn into a china trade war thing
I mean, I also think the "better for the US" part is overblown, because this is getting undone the second trump is out of office
I WANT the tariffs
so its not like manufacturing will come back to the US knowing it will maybe only be economically more viable for 4 years
Replying to Phijkchu_Pikachu #klombak I mean, I also think the "better for the US" part is overblown, because this is getting undone the second trump is out of office
This is why this is all retarded anyway, even if its a bad move economically it’ll be popular because people don’t want a recession. You can’t just flip a switch on this stuff
it 100% will, zero companies are going to float capital for 4 years in the hope of better market conditions
same reasn brexit wasn't immediately undone right after the next election
Yeah but I feel like there are options other than "move literally all manufacturing to the US right now" that are more likely to happen
your economic sector begins moving slowly, but very deliberately
Leg, that is the biggest cope lmao
that account deserves to have his hands chipped off
It is clear the US governemnt is kind of just firing at the hip without super logical planning and just doing whatever they want
for typing that
hence why half of the actions taken kind of contradict the other half sometimes
They would win the trade war
but I agree, what the fuck was the point of any of this
Trump is he's doing exactly what the majority of his base wanted, and isn't avoiding any 3rd rails
but what I'll give him shit for is that everything has been simplified and streamlined far too much
he's won, he doesn't have to keep selling
he can have reciprocal tariffs be more complex than just x*1/2
and target specific sectors
Targetting specific sectors would make sense, I feel like oversimplification makes the tarrif war thing retarded
I mean, like I said, for sure this gets undone the second he is out
the simplification works if you stick with it, but that coupled with 3-4 flase starts
makes it seem unserious
if the Tariffs don't have their desired effect they'll be removed by Trump in 12 months
let alone 3.5 years
idk why you think it would take up until the next president to change things
I don't
I am saying that is a hard upper limit
obviously I do not think they will last that long
but for sure they will not last a day longer than that
if they last that long, they're working, and they'd be kept in place
Has he removed your income tax yet btw
I think tariffs in general are a good solution to a lot of things
income tax isn't one of them, that's never going away
I think he should remove income tax fully, but only once you hit a 1 million a year threshold (removing it for income before 1 million as well once you hit that, it is a shutoff switch)
you have to pay higher taxes until you hit that
but yeah, disappointed he gave into the pressure and removed tariffs for now
and I ttotally see this as something that's going to be forgotten about as he pivots to just having a dick measuring contest with China again for no reason
I hope I'm wrong, and they actually do come back into play
I also think that is what happens
And I think its great that this was all for nothing
not for nothing
Loveland made 5k
True
Loveland, you are the real winner of the trade war
how does it feel
That 5k will let you buy a switch and 2 games