CNN: Dow Set to Soar after Trump Team Dramatically Lowers Tariffs with China

[JohnDB]

China hasn’t lowered tariffs on US exports yet. Even if they did, how much benefit are we actually going to see and is it going to outweigh the damage done?

Deal is done....no freight is moving right now anyway beyond a few items from places other than China.

Chinese goods get 30% tarrifs and USA goods get 10% (on principle)

 

[DBA]

China hasn’t lowered tariffs on US exports yet. Even if they did, how much benefit are we actually going to see and is it going to outweigh the damage done?

They will and like I said many times, there will be a net gain for the US when this is all over, particularly when taking every country we are in negational with into account. You have been told that it won't happen and you believe it. I am telling you it will happen. Lets see who is correct.

 

[Marener]

They will and like I said many times, there will be a net gain for the US when this is all over, particularly when taking every country we are in negational with into account. You have been told that it won't happen and you believe it. I am telling you it will happen. Lets see who is correct.

And how are you going to measure the “net gain” exactly?

 

[San Souci]

The "Tariffs" were a Bargaining tool to get better Trade Deals. No Democrats knows anything about Business.

 

[OhPleaseJustQuit]

I will be making lots of money today.

.

Ditto.

.

 

[DBA]

I will be making lots of money today.

Me too. I took advantage of these lefty loonies tanking the markets and running scared. I had money on the sidelines to invest. That will be paying off big time shortly.

I guess Democrats do have some use.

 

[SassyIrishLass]

Dow up 1000+....lol

 

[OhPleaseJustQuit]

I will be making lots of money today.

.

Gold might start sliding, so this might be a good day to sell some -- enough to make the home improvements I want to do. Home will be in great shape when I get new roof and paint.


.

 

[DBA]

And how are you going to measure the “net gain” exactly?

Lower tariffs on US exports as compared to before this all started. Pretty easy.

 

[Marener]

Lower tariffs on US exports as compared to before this all started. Pretty easy.

Except that doesn’t actually tell you much about the benefit.

That is, they could lower a tariff on a product that we have nothing to compete with and we don’t actually export anything significant.

Common sense, you know.

 

[Darkwind]

Never concern yourself with the opening. It's the last 30 minutes of trade that matter.

 

[Blaster]

 

[odanny]

All these liars talking about how much money they are going to make on the market, since Trump took office my portfolio has been in the red, and Friday was the best day yet, -3.59%.

Is it possible the Trump economy gets me to 0%? Would that be considered "winning" in Trumpworld?

Full disclosure: I sold most of my holdings before the trade war, so not to be harmed much by Trump's idiocy.

 

[SassyIrishLass]

All these liars talking about how much money they are going to make on the market, since Trump took office my portfolio has been in the red, and Friday was the best day yet, -3.59%.

Is it possible the Trump economy gets me to 0%? Would that be considered "winning" in Trumpworld?

Full disclosure: I sold most of my holdings before the trade war, so not to be harmed much by Trump's idiocy.

Sounds like you're just a really bad investor

 

[LAUGHatLEFTISTS]

Except that doesn’t actually tell you much about the benefit.

That is, they could lower a tariff on a product that we have nothing to compete with and we don’t actually export anything significant.

Common sense, you know.

Common sense is the exact opposite of leftism.

 

[LAUGHatLEFTISTS]

All these liars talking about how much money they are going to make on the market, since Trump took office my portfolio has been in the red, and Friday was the best day yet, -3.59%.

Is it possible the Trump economy gets me to 0%? Would that be considered "winning" in Trumpworld?

Full disclosure: I sold most of my holdings before the trade war, so not to be harmed much by Trump's idiocy.

You can acquire holdings with EBT? Who knew?

 

[Marener]

Sounds like you're just a really bad investor

Bad investor? It’s hard to make any money when the market crashes like it did. We’ve got a ways to go to get to the peaks we had in January/February.

 

[SassyIrishLass]

Bad investor? It’s hard to make any money when the market crashes like it did. We’ve got a ways to go to get to the peaks we had in January/February.

The markets recovered

Now sit down, novice

 

[Marener]

The markets recovered

Now sit down, novice

They haven’t fully recovered. SP500 was hitting 6100 when Trump took over. Right now it’s 5800.

Do you have any idea what you’re talking about?

 

[SassyIrishLass]

They haven’t fully recovered. SP500 was hitting 6100 when Trump took over. Right now it’s 5800.

Do you have any idea what you’re talking about?

More than you.

Now stop annoying me