Interesting fact!

[Luckyone]

Trump has increased the tariffs on China by 20% over the past few weeks. This was supposed to be a negative to China and a positive to us, no?

Well, reality has been just the opposite. When Trump took office on January 22nd, the Chinese stock market (HSI index) was trading at 19,688 and today it is trading at 24,100, which is an increase of over 22%. During this same period of time, the DOW has dropped 6% in value (from 45,047 to 42,347). That is 28% change in value in favor of the Chinese and against Trump.

Is this what is called success for Trump?

 

[egp320i]

Trump has increased the tariffs on China by 20% over the past few weeks. This was supposed to be a negative to China and a positive to us, no?

Well, reality has been just the opposite. When Trump took office on January 22nd, the Chinese stock market (HSI index) was trading at 19,688 and today it is trading at 24,100, which is an increase of over 22%. During this same period of time, the DOW has dropped 6% in value (from 45,047 to 42,347). That is 28% change in value in favor of the Chinese and against Trump.

Is this what is called success for Trump?

we might be their largest trade partner but by no means the only one of course
between them and vietnam is probably no tariffs, then you have the EU, Africa, middle east.....etc

 

[Cellblock2429]

Trump has increased the tariffs on China by 20% over the past few weeks. This was supposed to be a negative to China and a positive to us, no?

Well, reality has been just the opposite. When Trump took office on January 22nd, the Chinese stock market (HSI index) was trading at 19,688 and today it is trading at 24,100, which is an increase of over 22%. During this same period of time, the DOW has dropped 6% in value (from 45,047 to 42,347). That is 28% change in value in favor of the Chinese and against Trump.

Is this what is called success for Trump?

/—-/ The Chinks either have to offset the cost of the tariffs by lowering the wholesale price, or open manufacturing plants in the US to avoid the tariffs. This creates jobs for Americans and income tax revenue for the US.
They can end this all by removing tariffs on US products.
That’s the purpose of tariffs.
Sorry it’s so confusing for you.

And look what WalMArt just did.

https://finance.yahoo.com/news/walmart-asks-china-suppliers-price-101451925.html

(Reuters) - Walmart (WMT) has asked some Chinese suppliers for major price cuts, with the U.S. retail giant's efforts to shift the burden of President Donald Trump's tariffs facing strong push back from firms in the Asian nation, Bloomberg News reported on Thursday.

Certain suppliers, including makers of kitchenware and clothing, have been asked to lower their prices by as much as 10% per round of tariffs, likely shouldering the full cost of Trump's duties, the report said, citing people familiar with the matter.

 

[luiza]

Troll Bot Mucky pretending he understands the workings of the Stock Markets .

But , much worse
Overlooking that God needed six days to create Cause and Effect whereas he uses the blasphemy that his esteemed Mr Trumpfy can achieve this in a matter of hours .

More Troll Botting , methinks .
Stop it , Mucky .
Mr Trumpfy may be a great man but citing him as Godlike is indeed a mortal sin .

 

[Cellblock2429]

Troll Bot Mucky pretending he understands the workings of the Stock Markets .

But , much worse
Overlooking that God needed six days to create Cause and Effect whereas he uses the blasphemy that his esteemed Mr Trumpfy can achieve this in a matter of hours .

More Troll Botting , methinks .
Stop it , Mucky .
Mr Trumpfy may be a great man but citing him as Godlike is indeed a mortal sin .

/—-/ Please dial back your glib response. It’s difficult to understand what point you’re trying to make. TIA

 

[Luckyone]

we might be their largest trade partner but by no means the only one of course
between them and vietnam is probably no tariffs, then you have the EU, Africa, middle east.....etc

The Chinese index closed up 700 points higher last night and the DOW is trading 400 points lower today.

 

[luiza]

The Chinese index closed up 700 points higher last night and the DOW is trading 400 points lower today.

Guess it is evening out Mucky . Ups and Downs .
How was the Lesotho index ?

Psst .
The Indonesian Volatility Index reveals many secrets.
Most of the jewish big dealers are hiding there apparently and causing havoc with their sneaky algorithms .
Plus Magnetic interference from locations within the Ring of Fire .
Got any good Mumbo Jumbo from your office , Mucky ?

 

[sparky]

/—-/ The Chinks either have to offset the cost of the tariffs by lowering the wholesale price, or open manufacturing plants in the US to avoid the tariffs. This creates jobs for Americans and income tax revenue for the US.
They can end this all by removing tariffs on US products.
That’s the purpose of tariffs.
Sorry it’s so confusing for you.

It;'s not going to happen overnight Cell, which the nay sayers know, they're being disingenuous as usual

but let's look at your (simplified for the disingenuous) the other way 'round here........... 30 odd years ago NAFTA basically legislated globalization's 'giant sucking sound' via our low tariffs .

The rust belt ensued.......the disparity widened.... the 1%ers stock market presence rocketed .....while the pols (who all made $$$$'s) told us how good we had it

Lefties like Lucky were having conniptions back then , now want to target the symptom vs. the disease

~S~

 

[Luckyone]

we might be their largest trade partner but by no means the only one of course
between them and vietnam is probably no tariffs, then you have the EU, Africa, middle east.....etc

What does your post mean?

Bottom line, the Chinese are better off right now, and we are worse off right now since Trump took office. This is a failure for Trump!

 

[Tommy Tainant]

Trump has increased the tariffs on China by 20% over the past few weeks. This was supposed to be a negative to China and a positive to us, no?

Well, reality has been just the opposite. When Trump took office on January 22nd, the Chinese stock market (HSI index) was trading at 19,688 and today it is trading at 24,100, which is an increase of over 22%. During this same period of time, the DOW has dropped 6% in value (from 45,047 to 42,347). That is 28% change in value in favor of the Chinese and against Trump.

Is this what is called success for Trump?

Hes also been a boon to the pound which is peaking against the ollar. #maga

 

[sparky]

What does your post mean?

Bottom line, the Chinese are better off right now, and we are worse off right now since Trump took office. This is a failure for Trump!

China is an economic juggernaut due to their prostitution of worker ants, as well as taking advantage of consumer nations w/out VAT Lucky

~S~

 

[luiza]

Hes also been a boon to the pound which is peaking against the ollar. #maga

Wrong thread Turdy .

You are thinking of the Lesotho currency .
The thread that you thought was about the rendition of US Leszer gender people .

 

[Luckyone]

I love this! It shows exactly how Trump supporters treat facts as Fake news

sparky, luiza, and Cellblock2429 called this data (no opinion given) as Fake News. It is sad, though it is also hilarious as it is likely a parody of stupidity

 

[Cellblock2429]

Hes also been a boon to the pound which is peaking against the ollar. #maga

/----/ "which is peaking against the ollar. "
Well, I'm shorting the ollar as soon as the currency market opens.
Thanks for the tip.

 

[sparky]

I love this! It shows exactly how Trump supporters treat facts as Fake news

It's far more how the 'left' treats facts Lucky

~S~

 

[Luckyone]

China is an economic juggernaut due to their prostitution of worker ants, as well as taking advantage of consumer nations w/out VAT Lucky

~S~

Hold on a second, you mean to say that what Trump is trying to do is not about making Americans prostituted worker ants? that helping the rich and making the poor poorer is not what Trump is trying to do? Isn't Trump all about money?

You are a hypocrite by accusing China of what they are doing and then supporting what Trump is attempting to do here

 

[luiza]

/—-/ Please dial back your glib response. It’s difficult to understand what point you’re trying to make. TIA

Obvious , surely even among elderly Americans .
Mucky does not understand :-
-
Market moves
Simple maths
Correlation
Cause and effect

He is Gobbledygooking. A common practise used by Troll Botters .

 

[sparky]

Hold on a second, you mean to say that what Trump is trying to do is not about making Americans prostituted worker ants? that helping the rich and making the poor poorer is not what Trump is trying to do? Isn't Trump all about money?

You are a hypocrite by accusing China of doing and then supporting awhat Trump is attempting to do here

Let me put it this way Lucky

What made America's golden age glitter with prosperity?

Manufacturing , which China cornered the market on while we lost it to them via lopsided policy

~S~

 

[Seymour Flops]

we might be their largest trade partner but by no means the only one of course
between them and vietnam is probably no tariffs, then you have the EU, Africa, middle east.....etc

This forum has turned into a massive straw, grabbing exercise by unhappy Democrats.

 

[Cellblock2429]

Hold on a second, you mean to say that what Trump is trying to do is not about making Americans prostituted worker ants? that helping the rich and making the poor poorer is not what Trump is trying to do? Isn't Trump all about money?

You are a hypocrite by accusing China of what they are doing and then supporting what Trump is attempting to do here

/---/ Ya know, your hero Dementia Joe kept all but one of Trump's tariffs and added two more.
You didn't whine about that factoid at all.