Will trump relent?

[Mac1958]

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

That’s not good

Yeah, that's the one.

But MAGA says we don't need anyone. And they say they're real smart 'n stuff on global macroeconomics, so....

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

 

[Mac-7]

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.

Trump should use tariffs against china rather than nominal “allies” such as mexico, canada and the euros

There are creative ways to hurt china without stirring up tension with everyone else at the same time

 

[Billiejeens]

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

That literally never happened.
Lush should join the real world.

 

[Billiejeens]

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

Hope they don't forget it.

 

[berg80]

The Treasury Dept. is sending out smoke signals saying the tariffs announced today will be at max levels and open to moderation lower under amorphous conditions it will not give details about. Why? Because Dotard is a fickle imbecile.

 

[berg80]

He didn't relent. The market is crashing.

 

[Lesh]

Trump should use tariffs against china rather than nominal “allies” such as mexico, canada and the euros

There are creative ways to hurt china without stirring up tension with everyone else at the same time

You’re starting to catch on… a little

 

[Mac-7]

You’re starting to catch on… a little

Its been my position from the start

Just because you are a knee-jerk trump hater dont believe the lies about a MAGA “cult”

I agree with what trump is trying to do

But taking on the entire world all at once is not wise

 

[toobfreak]

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

Odd, you had absolutely no problem when Biden spiked inflation to historic levels, stunted growth, and raised recession risks! At least now we have a person doing it for the long term health of the country and, if it happens at all, likely will last no more than weeks or a few months as things settle in, all the while lowering the cost on things elsewhere so it should all pretty much even out with improvement finally on the horizon.

 

[Mac1958]

He didn't relent. The market is crashing.

We'll see soon enough if this is Smoot Hawley II.

He just put the world economy on a tightrope.

 

[toobfreak]

He didn't relent. The market is crashing.

 

[HaShev]

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.

Alot of countries are playing ball, Canada just said no Tariffs on either side of the border is what's best for both countries. This is on the media fear mongering.

 

[berg80]

I agree with what trump is trying to do

But taking on the entire world all at once is not wise

The way he's going about it is imbecilic.

 

[berg80]

The leaders of corporate America think the tariff policies announced by President Donald Trump on Wednesday went too far and will hurt the U.S. economy, according to Altimeter Capital CEO Brad Gerstner.

The investor said Thursday on CNBC’s “Halftime Report” that the tariff plan, which includes a 10% blanket levy and higher rates on many of the U.S.′ largest trading partners, was more drastic than the Trump administration had signaled and will prove damaging if it is not scaled back.

“I talked to probably 10 CEOs who are all in the Business Roundtable — these are CEOs of the largest companies in America — overnight, and [they all] think this is a huge mistake. They think this is too much, that it will have lasting and cascading negative repercussions for the United States and the global economy,” Gerstner said.

https://www.cnbc.com/2025/04/03/ceos-think-trumps-tariff-plan-is-a-huge-mistake-says-altimeters-brad-gerstner.html

How are they going to back out of this catastrophe and save face?

 

[Billiejeens]

The way he's going about it is imbecilic.

You should cry much harder

 

[berg80]

We've had crashes like this before like after 9/11. This is this first self inflicted crash I can recall.

 

[luiza]

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

What did Jesus the Essene monk say to his Sheeple , Troll Bot Bugger ?
" No Pain , No Gain "

And , of course , It was either this Penalty Charging or Quantitative Easing -- the latter probably later .

But our Troll Bot wants America to be declared Bankrupt because he is Un-american.

Why do you hate America so much Troll Bot Bugger 86 ?

 

[berg80]

One thing is for sure. If the Felon-in-Chief doesn't relent the market isn't done going down.

 

[berg80]

All it takes to usher in a recession is for uncertainty to cause a pause in business investment, or discretionary consumer spending, at the same time. That's what the tariffs are creating........a sudden period of intense uncertainty.

 

[berg80]

Alot of countries are playing ball, Canada just said no Tariffs on either side of the border is what's best for both countries. This is on the media fear mongering.

The respective 6%, 5%, 4%, declines in the NAZ, S&P, and Dow were media fear mongering? Guess again.