Tariffs on China raised from 34% to 54% to now 104%

[Luckyone]

What happens when they run out of dog and cat meat?

AI Overview
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Many U.S. companies rely on Chinese goods, with China accounting for a significant portion of U.S. imports, particularly in sectors like electronics, textiles, and machinery. In 2024, China supplied 16.5% of total U.S. goods imports.

Our companies are going to go bankrupt because they will not be able to get the needed parts to build what they sell to us and even if they do, we won't buy the products because we will not be able to afford them

 

[Luckyone]

You all remember when Trump promised to bring inflation down so we can afford to buy what we need, don't you? That Biden was the one to blame. Well, this tariff war has made that now an impossibility. Will you blame Trump for that?

 

[TomParks]

AI Overview
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Many U.S. companies rely on Chinese goods, with China accounting for a significant portion of U.S. imports, particularly in sectors like electronics, textiles, and machinery. In 2024, China supplied 16.5% of total U.S. goods imports.

Our companies are going to go bankrupt because they will not be able to get the needed parts to build what they sell to us and even if they do, we won't buy the products because we will not be able to afford them

China is getting too big and needs knocked down a peg. This is long overdue.

 

[Mac1958]

China just called our bluff: Stock futures fall back towards session lows as China retaliates with 84% tariffs on U.S goods

Now we have to live through this and wait to find out (a) who blinks, (b) if other countries will follow China's lead, and (c) if countries start selling off our Treasuries, which would most likely lead to stagflation.

America alone, and we'll sure as shit deserve it.

 

[Marener]

People need to learn to get by with less "stuff".

Is that what Trump campaigned on?

Of course not. You fuckers are just gaslighting everyone because you can't ever admit you're wrong.

 

[Luckyone]

The reasons for this may be beyond your understanding but it needs to be said and if you research it you may understand it. It is not good and it is happening

AI Overview
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When bonds and the stock market both decline, it can be a challenging time for investors, as both assets are typically considered to be good investments, but their performance can be negatively impacted by the same factors, such as economic uncertainty.

• • Shared Vulnerability: Both bonds and stocks can be vulnerable during periods of economic uncertainty or recession.
    
    
  • Investor Behavior: During such times, investors may become risk-averse, leading to a sell-off in both bond and stock markets.

As far as what recession means

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For the average person, a recession means a period of economic hardship, potentially leading to job losses, reduced spending, and a decline in overall financial stability, with impacts on investments, borrowing costs, and the ability to secure loans.

 

[Luckyone]

China is getting too big and needs knocked down a peg. This is long overdue.

What happens if it us that gets "knocked down a peg"?

That is the most probable scenario.

 

[SeaMajor7]

What happens if it us that gets "knocked down a peg"?

That is the most probable scenario.

That's been the goal of the demented LEFT since 1965.....

 

[Mac1958]

The bond market is now crashing, with a Treasury auction on the way.

Great job.

 

[LordBrownTrout]

Meh

 

[CowboyTed]

Stop buying Chinese shit made with slave labor.

Why?

Wants the Slave Labour to be from America... Really misses the old days..

The had blacks at close to 100% employment. They were learning things all the time, like going too slow means the whip...
The black girls after days work would get a nice raping from their master and they were lucky to get that...
So now the Black population has 25% white blood from masters rapping those girls...
They were the good old days..

marvin martian just can't see the downside....

Just stop buying Chinese shit and MAGA times can come back...

 

[berg80]

The bond market is now crashing, with a Treasury auction on the way.

Great job.

Big spike in the 10 year's yield in response to expectations of rampant inflation driven by tariffs.

Dow futures tumble 900 points as China hits back at Trump’s tariffs​

https://www.cnbc.com/2025/04/08/stock-market-today-live-updates-.html

 

[CowboyTed]

The bond market is now crashing, with a Treasury auction on the way.

Great job.

It is looking bad today.... S&P 500 is looking real dodgy... Bad day today and it could back as far as Dec 2021....

The market is holding what it can because Trump can always change his mind....

This is basic economic suicide from a bunch of people that didn't understand the TPP was the actual fix to their problems...

 

[Mac1958]

It is looking bad today.... S&P 500 is looking real dodgy... Bad day today and it could back as far as Dec 2021....

The market is holding what it can because Trump can always change his mind....

This is basic economic suicide from a bunch of people that didn't understand the TPP was the actual fix to their problems...

The ignorant whims of one (1) guy can capsize the entire planet's economic system.

That shouldn't be possible.

 

[Lesh]

Trump has started a trade war with China that could turn into a real war. China is not going to sit still and with the being allies with Russia and having power, this could turn ugly soon.

The least problem but nonetheless a big problem for all of us, is that we will now be unable to buy anything as everything is going to be way to expensive. As of now, things have gone up already and now they are going to go through the roof

White House says 104% tariff on China will take effect Wednesday​

A shitload of what we buy is made China.

This means that prices on those things will DOUBLE

HANG ON FOLKS

 

[berg80]

It is looking bad today.... S&P 500 is looking real dodgy... Bad day today and it could back as far as Dec 2021....

The market is holding what it can because Trump can always change his mind....

This is basic economic suicide from a bunch of people that didn't understand the TPP was the actual fix to their problems...

Congress needs to take Baby Donald's tariff rattle away before it's too late.

 

[Mac1958]

A shitload of what we buy is made China.

This means that prices on those things will DOUBLE

HANG ON FOLKS

And who gets hurt the most?

Low income Americans, including the Trumpsters who had MAGA signs outside their trailer home.

 

[Lesh]

The ignorant whims of one (1) guy can capsize the entire planet's economic system.

That shouldn't be possible.

And that one guy isn’t even Trump… it’s the moron (Navarro) that he’s listening to.

Well that’s not exactly fair.. his other really stupid advisor , Steven Miller , was just on TV giggling about the harm this is causing

 

[berg80]

A shitload of what we buy is made China.

This means that prices on those things will DOUBLE

HANG ON FOLKS

Walmart has suspended guidance due to the tariffs.

https://www.cnbc.com/2025/04/09/walmart-pulls-q1-guidance-due-to-trump-tariffs.html

 

[CowboyTed]

The ignorant whims of one (1) guy can capsize the entire planet's economic system.

That shouldn't be possible.

I agree with you but to quote Obama 'Elections have consequences...'

Harris might have been a bad candidate but they gave Trump a pass on a lot of things...

The same voters that picked Trump twice are still there, listening and watching the same media...

The rest of the world just can't trust US. They have failed so many times that Trump is only the symptom.

US has to have a look at itself and ask themselves, is voting nut jobs like Trump & Co really in their interest?
He wants to wreak things and he has a devoted media and cabal of people to cheer him on...
It seems US has lost its way... Is this rock bottom? Well we said that so many times before we would be foolish to believe that... He has his hand picked Supreme Court very close to saying that ICE (his police force) can pick up anyone and send them to a prison without informing anyone... Think about that, he can disappear people...
If you were stopped in your car on the way home alone. They can handcuff you, accuse you of anything and send you to a El Salvador prison and tell no one... Your family will know nothing... No clue if you ever get back or they just keep accusing you of anything, there is no due process...

They can say it about anyone... Remeber this guy is Mexican so don't let the colour of your skin protect you.

We are not at rock bottom, the sub is still going down...