As Expected, Trump's Incompetence Showing Bg Time

[EvilCat Breath]

It is not about sending criminals. It is about causing pain to Americans. This drop in the market has NOTHING TO DO with Trump deporting illegals.

Stay with the OP. This is about pain to Americans.

I have lived in California, I know all about government caused pain and this isn't it.

 

[blackhawk]

When money is involved, it means something. The markets are down today. GM (General Motors) has dropped 18% in 5 days and that means Billions of dollars lost.

Today yes the markets go up and down tomorrow they could be up six months from now who knows where they will be. My point for the final time is it will take more than a day or two to see how this all shakes out.

 

[pknopp]

Why can't we produce those products here?

We could but Wall Street crushes any business that doesn't make record profits year after year. So to combat that, business goes to lower cost countries to produce their items.

 

[Delldude]

So to combat that, business goes to lower cost countries to produce their items.

They do that to exploit cheap labor for higher profits.

 

[Luckyone]

Who cares what the Wall Street Journal says? We need to start manufacturing things in this country, so I say, bring on the tariffs. Short run = likely problems. Long run = this is the best way.

You really do not understand human nature and how humans think.

For example, why did every American that is using AI, RUN to buy Deepseek, who is Chinese and will spy on us through their AI. Why would Americans do that? Aren't they more interested in buying American (though more costly)?

Why did Trump buy Bibles from China? Could it be that he bought them at $3 (sold them for $60)? You think that it might be because he could not get American Bibles to sell and make the same profit?

Use your common sense!!!

 

[pknopp]

Time will tell which is my point right here and now none of us know how this will play no matter much we like to believe we do.

Trump ran on lowering prices. Trump said tariffs won't cause higher prices. Now he is saying that they will and you'll just have to live with it.

Trump Reneges on Promise That His Tariffs Won’t Raise Costs for Consumers

 

[Luckyone]

Today yes the markets go up and down tomorrow they could be up six months from now who knows where they will be. My point for the final time is it will take more than a day or two to see how this all shakes out.

Nonetheless, today Billions were LOST. That is fact.

 

[pknopp]

They do that to exploit cheap labor for higher profits.

So the question is answered. Profits are god.

 

[CrazyTrader55]

Nonetheless, today Billions were LOST. That is fact.

It's one day and if you think it's going to continue down, then do some short selling or buy puts.

 

[Delldude]

So the question is answered. Profits are god.

In business a no brainier, except they outsourced America's manufacturing might putting us on a downward spiral.

 

[pknopp]

In business a no brainier, except they outsourced America's manufacturing might putting us on a downward spiral.

Of course but that's been happening for decades.

 

[Luckyone]

It's one day and if you think it's going to continue down, then do some short selling or buy puts.

I am short 3 stocks and today alone, my account is up 1.4%

 

[otto105]

Oh I agree. My responding to the leftwing hacks here isn’t to expect any meaningful dialogue. It’s to expose their hypocrisy and stupidity.

They're eating the Pets!!!

 

[Luckyone]

Guess what? Trump just announced that tariffs on Canada are going to be put of off 30 days!

He can't seem to stay the course that he himself is choosing. I mean, he announced the tariffs yesterday and today he has edged backward?

More incompetence!!!!!

 

[Cellblock2429]

Virtually everything we buy comes from China,Mexico, or Canada stupid

/----/ You Trump haters wear your ignorance like a badge of honor.

Us Manufacturers List - Industry's trusted directories & databases profiling 400,000 U.S. manufacturers.​

Where does most U.S. food come from? - Geographic FAQ Hub ... - NCESC​

Jun 19, 2024 What percent of US food is imported? In 2016, 87.3 percent of food and beverage purchases by U.S. consumers, including both grocery store and eating out purchases, were from domestic production. The remaining 12.7 percent were imported food and beverages such as produce

 

[flack]

DOW now down 85. So much for that big sell off.

 

[Cellblock2429]

As of right now and with these tariffs, all cars will cost at least $3,000 more. That includes American made cars.

General Motors has dropped 18% in price over the past 5 days and today alone, it is down 7%

/---/ Not on foreign cars built in the USA, moron.

 

[Nostra]

Nonetheless, today Billions were LOST. That is fact.

So the question is answered. Profits are god.

 

[Cellblock2429]

So says the Wall Street Journal

“President Trump will fire his first tariff salvo on Saturday against those notorious American adversaries . . . Mexico and Canada. They’ll get hit with a 25% border tax, while China, a real adversary, will endure 10%. This reminds us of the old Bernard Lewis joke that it’s risky to be America’s enemy but it can be fatal to be its friend.

Leaving China aside, Mr. Trump’s justification for this economic assault on the neighbors makes no sense. White House press secretary Karoline Leavitt says they’ve “enabled illegal drugs to pour into America.” But drugs have flowed into the U.S. for decades, and will continue to do so as long as Americans keep using them. Neither country can stop it…

Mr. Trump sometimes sounds as if the U.S. shouldn’t import anything at all, that America can be a perfectly closed economy making everything at home. This is called autarky, and it isn’t the world we live in, or one that we should want to live in, as Mr. Trump may soon find out…

None of this is supposed to happen under the U.S.-Mexico-Canada trade agreement that Mr. Trump negotiated and signed in his first term. The U.S. willingness to ignore its treaty obligations, even with friends, won’t make other countries eager to do deals..”

Opinion | The Dumbest Trade War in History

Trump will impose 25% tariffs on Canada and Mexico for no good reason.

www.wsj.com

*************************I]

When you elect a dolt as President, expect him to make stupid decisions. This trade War with Canada and Mexico is just idiotic considering that it was Trump himself that renegotiated a new trade agreement with them only a few years ago.

Like everyone who has done business with Trump will attest: his word is garbage.

/----/ It's already working.

Survey: Nearly Half of Canadian Businesses Plan to Move Production to the U.S — 60% Are Looking for Business Acquisitions In Response to Trump Tariffs | The Gateway Pundit | by Jim Hᴏft

Nearly half of Canadian businesses are poised to relocate production to the U.S. in response to Trump tariffs, with 60% seeking acquisitions, revealing a significant shift in the North American economic landscape.

www.thegatewaypundit.com

 

[Nostra]

We could but Wall Street crushes any business that doesn't make record profits year after year. So to combat that, business goes to lower cost countries to produce their items.

So the question is answered. Profits are god.