Will trump relent?

[22lcidw]

Yeah, this is pretty freakin' fascinating to watch. He's always been about ratings and the stock market numbers and the GDP numbers, and everything he is doing is flying right in the face of all that -- at least for now.

So someone has him convinced that doing all of this as quickly as possible will produce a quick enough recovery that it will all be worth it. And he's too far down this road to do a U-turn now.

But who knows. The markets are scared and all over the place, and a lot of investors are waiting until after Wednesday to act. He could blink and do an about face, and no one one would be shocked, since he's done so many.

Trump is not the same first term President that was smeared viciously even in front of him. He punches back now with purpose. Progressives have no answers. This is what they accused Republicans of for many years. Now we know why. Such a corrupted party. The most corrupted political party on earth.

 

[berg80]

Hell, Biden used tariffs. Why didn't they complain when he did it?

Because they were targeted. Not across the board like the 20% tariffs on all imports trump is reportedly going to enact tomorrow.

 

[berg80]

President Donald Trump says that tariffs will make the U.S. “rich.” But those riches will likely be far less than the White House expects, economists said.

The ultimate sum could have big ramifications for the U.S. economy, the nation’s debt and legislative negotiations over a tax-cut package, economists said.

White House trade adviser Peter Navarro on Sunday estimated tariffs would raise about $600 billion a year and $6 trillion over a decade. Auto tariffs would add another $100 billion a year, he said on “Fox News Sunday.”

Navarro made the projection as the U.S. plans to announce more tariffs against U.S. trading partners on Wednesday.

Economists expect the Trump administration’s tariff policy would generate a much lower amount of revenue than Navarro claims. Some project the total revenue would be less than half.

Roughly $600 billion to $700 billion a year “is not even in the realm of possibility,” said Mark Zandi, chief economist at Moody’s. “If you get to $100 billion to $200 billion, you’ll be pretty lucky.”

https://www.cnbc.com/2025/04/01/tariffs-may-raise-much-less-than-white-house-projects-economists-say.html

 

[BluesLegend]

Trump is not the same first term President that was smeared viciously even in front of him. He punches back now with purpose. Progressives have no answers. This is what they accused Republicans of for many years. Now we know why. Such a corrupted party. The most corrupted political party on earth.

Trump is hitting back by EXPOSING DEMOCRATS corruption, fraud and waste. Democrats are squealing like STUCK PIGS! Dems picked a fight with the wrong guy!

I'm calling it, Trump is now elevated to Hellish Warrior Trump!

 

[Nostra]

That's the frightening part.

Trump suggests 'injection' of disinfectant to beat coronavirus and 'clean' the lungs​

Trump suggests 'injection' of disinfectant to beat coronavirus and 'clean' the lungs

A Homeland Security official, under questioning from reporters, later said federal laboratories are not considering such a treatment option.

www.nbcnews.com

Lies.

 

[Lesh]

Manufacturing is a matter of national security. Do you really want to rely on the rest of the world to produce things like computer chips?

So Biden and the Dems were really smart in enacting the CHIPS Act huh ?

 

[80zephyr]

Because they were targeted. Not across the board like the 20% tariffs on all imports trump is reportedly going to enact tomorrow.

Come on. A single tariff would have the left going crazy.

 

[80zephyr]

So Biden and the Dems were really smart in enacting the CHIPS Act huh ?

Sorta. Biden had us invest in these things. Hopefully with the tariffs, the investments will be private.

 

[Lesh]

Sorta. Biden had us invest in these things. Hopefully with the tariffs, the investments will be private.

Newsflash… the government is not running these new chip factories.

And those tariffs are being paid for by US… the taxpayer

 

[80zephyr]

Newsflash… the government is not running these new chip factories.

And those tariffs are being paid for by US… the taxpayer

The US invested in them. And if we gave away the money free, thats even worse.

 

[Mac1958]

Sounds like Howie more than Pete.

And there ya go:

The one official Trump world is ready to blame if tariffs are a disaster

Meanwhile, predictably, the world begins to move on without America:

China, Japan, S. Korea Renew Free-Trade Call, Vow to Build Ties

 

[candycorn]

he's put a lot of thought into it.

funniest post ever.

 

[candycorn]

Trump will “relent” in that he will often take an absolute position and then make a minor concession later in exchange for a larger concession. That’s what a good negotiator does.

Wow...he negotatiated so well he filed bankruptcy 6 times and was convicted another 34.

 

[Mac1958]

President Donald Trump says that tariffs will make the U.S. “rich.” But those riches will likely be far less than the White House expects, economists said.

The ultimate sum could have big ramifications for the U.S. economy, the nation’s debt and legislative negotiations over a tax-cut package, economists said.

White House trade adviser Peter Navarro on Sunday estimated tariffs would raise about $600 billion a year and $6 trillion over a decade. Auto tariffs would add another $100 billion a year, he said on “Fox News Sunday.”

Navarro made the projection as the U.S. plans to announce more tariffs against U.S. trading partners on Wednesday.

Economists expect the Trump administration’s tariff policy would generate a much lower amount of revenue than Navarro claims. Some project the total revenue would be less than half.

Roughly $600 billion to $700 billion a year “is not even in the realm of possibility,” said Mark Zandi, chief economist at Moody’s. “If you get to $100 billion to $200 billion, you’ll be pretty lucky.”

https://www.cnbc.com/2025/04/01/tariffs-may-raise-much-less-than-white-house-projects-economists-say.html

On top of that, we're seeing our former friends and trading partners pull away and form new relationships.

It seems that our former friends and trading partners find Trump's "you need us more than we need you, so nyah nyah nyah" foreign policy to be a little insulting.

Trump is stuck in the 80's with his approach to tariffs, and his rubes are too ignorant to know any better.

 

[candycorn]

He only hit aluminum and steel his firm term. He also didn't commit to deficit spending thanks to the Paul Ryans of the world

The West is going to rue the day they profited off of Americas debt when they become insolvent. From Israel to Europe and Taiwan, Americas allies will be in trouble due to governments not willing to make the diffcult decisions. Most making it far worse.

I'm good at reading between the lines and Canadian state media, Canada isn't worried about Trumps tariffs which means they don't think he will go through with them. Hence, I think the same I guess since I am none the wiser.

He ran up $8T in debt the first time **** face.

 

[candycorn]

They do not like The USA -

Before it was just dislike for US exceptionalism.

Obama instruction to hate the US for the way that it was constituted.

OF COURSE what made the US exceptional wasn’t the power...it was what we did with it.

We no longer do those things. Now we align with Russia, threaten Greenland...rename parts of the world and stop rendering assistance while imperiling our own economy.

 

[Billiejeens]

OF COURSE what made the US exceptional wasn’t the power...it was what we did with it.

We no longer do those things. Now we align with Russia, threaten Greenland...rename parts of the world and stop rendering assistance while imperiling our own economy.

None of that is actually happening in the real world.
Calling the body of water that borders America, the Gulf of America seems pretty normal though.

 

[westwall]

Goldman Sachs sees Trump tariffs spiking inflation, stunting growth and raising recession risks

With decision day looming this week for President Donald Trump’s latest round of tariffs, Goldman Sachs expects aggressive duties from the White House to raise inflation and unemployment and drag economic growth to a near-standstill.

The investment bank now expects that tariff rates will jump 15 percentage points, its previous “risk-case” scenario that now appears more likely when Trump announces reciprocal tariffs on Wednesday. However, Goldman did note that product and country exclusions eventually will pull that increase down to 9 percentage points.

When the new trade moves are enacted, the Goldman economic team led by head of global investment research Jan Hatzius sees a broad, negative impact on the economy.

In a note published on Sunday, the firm said “we continue to believe the risk from April 2 tariffs is greater than many market participants have previously assumed.”
https://www.cnbc.com/2025/03/30/tar...-and-raise-recession-risks-goldman-says-.html

Which will prevail? trump's flat earth views on the efficacy of tariffs or their real world affects? The country, indeed the world, is an economic hostage to an imbecile's love affair with the kind of destructive trade policy that once lead to a depression. Our trading partners are reeling, so too is the stock market, in the face of trump's stubborn belief his ability to alter reality in the minds of his following translates to an ability to alter financial reality. He's wrong, yet no one in his inner circle has the courage to tell him.

No, he won't.

Nor should he.

 

[Mac1958]

Newsflash… the government is not running these new chip factories.

And those tariffs are being paid for by US… the taxpayer

I can see where this strategy would work. And really, all it would take is for one or two countries to blink, and the rest figuring that they'd better get in line, or else. That could easily happen. Quickly.

That's what America is now: A weird, fucked up mix of neofascism, a middle school playground, the Mafia, a Theocracy and Qanon. No trusted friends or dependable allies, just threats, intimidation and punishment.

Now the whole world sees it. I doubt they'll forget it.

 

[Lesh]

I can see where this strategy would work. And really, all it would take is for one or two countries to blink, and the rest figuring that they'd better get in line, or else. That could easily happen. Quickly.

That's what America is now: A weird, fucked up mix of neofascism, a middle school playground, the Mafia, a Theocracy and Qanon. No trusted friends or dependable allies, just threats, intimidation and punishment.

Now the whole world sees it. I doubt they'll forget it.

We had the first Trump Admin and it hurt our international relationships.

There was a return to normalcy (with some scars) during the Biden years but the world essentially moved on.

But now? Again? And worse… much worse?

Granted Trump will be gone (either because of senility, the Grim Reaper, or the rule of law) but the faith that the world had that America is a trusted ally will be damaged possibly beyond repair.

And what does that mean? It leaves China as the nation that other nations will turn to.

That’s not good