if tariffs are so amazing, why are the markets tanking?

[citygator]

Market loses more than $1Trillion in 4 minutes after hours when Trump announces his plans.

 

[Luckyone]

I can't be responsible for your inability to follow a conversation.

No opinion here:

View attachment 1096104

 

[Toddsterpatriot]

No opinion here:

View attachment 1096099

View attachment 1096104

Fewer imports actually increases GDP you silly twat.

 

[Luckyone]

AI Overview
Learn more

When people stop buying, the global economy shrinks, potentially leading to job losses, reduced waste, and a shift in the demand for specific skills and education.

Here's a more detailed breakdown of the potential consequences:
Economic Impact:

• Economic Slowdown:
  A lack of consumer spending directly translates to a decrease in demand for goods and services, which can cause a slowdown in economic growth.

 

[Toddsterpatriot]

AI Overview
Learn more

When people stop buying, the global economy shrinks, potentially leading to job losses, reduced waste, and a shift in the demand for specific skills and education.

Here's a more detailed breakdown of the potential consequences:
Economic Impact:

• Economic Slowdown:
  A lack of consumer spending directly translates to a decrease in demand for goods and services, which can cause a slowdown in economic growth.

Why are you assuming that US consumers will stop consuming, just because
imports get more expensive? That they won't, instead, buy something else?

Is it because you're a moron?

 

[Luckyone]

How much will Americans be willing to support the tariffs. Will the middle and poor class be willing to put this money out of their pocket to buy a new car?

AI Overview
Learn more

With the tariffs on imported cars and components now going up, the price of buying a new car could increase by thousands of dollars, potentially reaching $4,000 to $12,200 or more, especially for electric vehicles and SUVs.

Here's a more detailed breakdown:

• Tariff Impact:
  Anderson Economic Group estimates that 25% tariffs on cars and components from Canada and Mexico could lead to price increases of $4,000 to $10,000 per vehicle, with electric vehicles potentially facing even higher increases.
  
  
• Specific Models:
  North American-assembled vehicles, especially SUVs, pickup trucks, and electric crossovers, are projected to experience the biggest price hikes.
  
  
• Other Costs:
  Besides the initial purchase price, the cost of owning a car could also increase due to higher repair costs and potentially higher insurance rates.
  
  
• Industry Response:
  Automakers may choose to pass on the increased costs to consumers or potentially cut back on models that become significantly more expensive.

 

[80zephyr]

https://www.cnn.com/2024/09/13/politics/china-tariffs-biden-trump/index.html

Did you have any threads on this forum when Biden used tariffs?

 

[Luckyone]

https://www.cnn.com/2024/09/13/politics/china-tariffs-biden-trump/index.html

Did you have any threads on this forum when Biden used tariffs?

Show me where Biden's announcement caused the reaction now being seen and the market dropping 17% in value

 

[Luckyone]

DOW down 1000 points in After Hours. Bear market territory

 

[Zincwarrior]

You dumbshits. The market is down 1,000 points!

 

[petro]

Pfft.
I bet a bunch of fuckers are making a fortune betting against the market.

 

[Luckyone]

One thing that NEEDS to be mentioned is that the RUT Index is getting hurt worse than all the other market indexes. The RUT represents the small cap stocks and that means that the small companies are going to get slaughtered, likely to go out of business. This, of course, helps the rich. This is what Trump does (help the rich and ignore you and me), even when he is being incompetent.

 

[Concerned American]

Show me where Biden's announcement caused the reaction now being seen and the market dropping 17% in value

The dow closed up 235 points today, Nasdaq and S&P as closed up as well.

Home Page - MarketWatch

MarketWatch provides the latest stock market, financial and business news. Get stock market quotes, personal finance advice, company news and more.

www.marketwatch.com

 

[CrusaderFrank]

T

So, here's the deal. Today, the NASDAQ and Dow Jones had their worst quarter since 2022. That's right. things are looking pretty grim. And yet, some fellow Trump supporters are still out here singing the praises of Trump's tariffs like they're the best thing since sliced bread. But if these tariffs are so amazing, why are the markets tanking?

At the end of the day, the stock market doesn't lie. If Trump's tariffs were really the economic miracle some people claim, we wouldn't be seeing this kind of downturn. So, to all the tariff lovers out there: maybe it's time to rethink your stance. Or at least stop pretending the stock market isn't screaming at us to do better

Stocks close out their worst quarter since 2022 amid tariff uncertainty

The S&P 500 and the Nasdaq logged their worst performance since Russia’s invasion of Ukraine slammed into the global economy.

www.nbcnews.com

Trump wants investors to move to US Treasuries. Have $9 Trillion maturing that need to be refinanced

 

[toobfreak]

if tariffs are so amazing, why are the markets tanking?​

Damn all you tards are one stupid SOBs! The markets are down simply because Trump has just stuck his foot into the river of global trade as it has flowed for 30 years, put the brakes on and reversed direction, making America the recipient with the upper hand for a change instead of the brunt of abuse for everyone else.

Many countries literally RELIED on easy trade with us dumping all their goods here. Take Japan: they've dumped millions of Japanese made cars here while guess how many America cars are imported there? Go look for a Ford or Chevy in Japan and get back to me.

The market is responding naturally with jitters of uncertainty because they don't know yet what happens tomorrow. This is SOP for the market anytime anything big or new happens. Do you really think Trump can make wholesale changes to global trade overnight and the market would respond positively immediately?

Once things settle in and start working, it will all come around.

 

[Jim H - VA USA]

 

[BackAgain]

if tariffs are so amazing, why are the markets tanking?​

The markets aren’t tanking, you dipshit. The futures are.

Why? Because this is relatively unknown. And markets (and market makers) prefer the security of the old and established and known.

Plus, the anticipated benefit of tariffs are most likely to take a year or more to materialize. So, immediate gratification isn’t likely.

Although I’m not a fan of tariffs, in general, I will say that the temporary difficulties which they might cause to consumers (and to the state of our economy) may well be justified by long term benefits.

If so, then maybe it’s time to give President Trump some kudos for having big brass balls.

 

[Winco]

If so, then maybe it’s time to give President Trump some kudos for having big brass balls.

the anticipated benefit of tariffs are most likely to take a year or more to materialize. So, immediate gratification isn’t likely.

Yup, I will be here in a year, saying THANK YOU djt for your incredible "big brass balls" when the market (DOW) hits 50,000.

Will you be here when it doesn't?
Not even Doubtful.....it's a big brass balls NO.

 

[Concerned American]

if tariffs are so amazing, why are the markets tanking?​

The markets aren’t tanking, you dipshit. The futures are.

Why? Because this is relatively unknown. And markets (and market makers) prefer the security of the old and established and known.

Plus, the anticipated benefit of tariffs are most likely to take a year or more to materialize. So, immediate gratification isn’t likely.

Although I’m not a fan of tariffs, in general, I will say that the temporary difficulties which they might cause to consumers (and to the state of our economy) may well be justified by long term benefits.

If so, then maybe it’s time to give President Trump some kudos for having big brass balls.

Winnie's in the bottle again.

 

[80zephyr]

Show me where Biden's announcement caused the reaction now being seen and the market dropping 17% in value

Most of what we are seeing is hysteria induced, by the Democrats telling everyone the sky is falling.