Donald “Tariffs” Trump say Washington needs full control over Greenland, Canada & Panama. Trump recommends 50% tariff on the EU starting June 1st
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market manipulation
The board "done" matured......
Mfkrs having a disagreement and found a common ground that lead to a mature resolution......
Do you know how much clowing would've happened if this was back in '05/'06?!!
Hahaha
oh without a doubt it would have been on and poppn back in the day
US stocks make historic gains after Trump pauses some tariffs
9 April 2025
Getty Images
US shares have rocketed after US President Donald Trump said he would suspend steep tariffs on goods from most countries, and instead impose a 10% import tax rate.
The White House said it was backing off on higher levies for trade partners that had agreed to negotiate, although Trump said he would raise tariffs on goods from China even further, to at least 125% "effective immediately".
The S&P 500 soared 9.5% in the biggest one-day rally since 2008, following days of turmoil sparked by the tariffs.
Trump's decision came less than 24 hours after the latest round of tariffs had come into force, hitting key trade partners, such as Vietnam, which saw its imports facing a new levy of 46%.
The duties, which the president had announced last week, were higher and more far-reaching than many on Wall Street had anticipated.
In the aftermath of the announcement, the S&P plunged more than 10% and many analysts warned of the rising risk of economic recession in the US and globally.
By Wednesday, the fears had hit the bond market, where investors started dumping US government debt.
"Although President Donald Trump was able to resist the stock market sell-off, once the bond market began to weaken too, it was only a matter of time before he folded," said Paul Ashworth, chief North America economist for Capital Economics.
He said he expected Trump to return to the plan for a 10% universal tariff that he called for in his presidential campaign last year, though warned that it would take time for for the US and China to work out a deal.
"It is difficult to see either side backing down in the next few days," he said. "But we suspect that talks will eventually happen, although a full rollback of all the additional tariffs applied since Inauguration Day appear unlikely."
The Dow ended the day up more than 7.8% and the Nasdaq skyrocketed more than 12%.
Companies such as Nike, which makes roughly half its footwear in Vietnam, jumped 11%, while Apple soared roughly 15%.
Despite the gains on Wednesday, the leading indexes in the US remained lower than they were before Trump's announcement, with the S&P 500 off about 3% and down more than 8% for the year.
The levies on goods from China, America's third largest supplier of imports, remain an economic challenge.
The country sent more than $400bn in goods to the US last year and was the source of an estimated 60% of footwear imports and roughly 36% of clothing imports in January, according to the American Apparel and Footwear Association.
Before Trump's announcement, the National Retail Federation had warned that shipments handled by US ports in May were likely to be 20% lower than a year earlier due to the tariffs.
In appearances after his decision on Wednesday, Trump said that he hoped to strike a deal with China, and was also considering granting exemptions to tariffs for individual companies, a shift from earlier comments.
"I saw last night where people were getting a little queasy," he said, acknowledging the concerns, though he has signalled he remains committed to duties on key strategic sectors, such as cars, steel and aluminium, and is eyeing other industries such as pharmaceuticals and lumber.
His decision to offer a respite from the so-called reciprocal duties followed rising political pressure in Washington and from other influential figures that had backed him during last year's presidential campaign, including Tesla boss Elon Musk, billionaire Bill Ackman and Barstool Sports founder Dave Portnoy.
But the abrupt climbdown still caught many off-guard.
Almost at the same time as Trump posted his move on social media, Goldman Sachs issued a report predicting a recession in the US economy triggered by the steep duties.
Two hours later, the bank said it was reverting to its earlier forecast, which, even assuming lower tariffs than the president had announced last week, expected minimal growth this year and put the odds of a recession at 45%.
Mr Ackman, who had earlier called for a 90-day tariff pause, praised the president on social media: "Thank you on behalf of all Americans," he said.
all that winning but yet he keeps getting caught with his azz out...aint much of a deal maker when your bluff keeps getting called..
"They" wanted a business man to run the country like a business...here we are
This
Trump threatens sanctions, tariffs on Mexico in water dispute
U.S. President Donald Trump on Thursday threatened Mexico with sanctions and tariffs in a dispute over an 81-year-old water treaty that outlines water sharing between the two countries through a network of interconnected dams and reservoirs.“Mexico OWES Texas 1.3 million acre-feet of water under the 1944 Water Treaty, but Mexico is unfortunately violating their Treaty obligation,” Trump posted on Truth Social.
Under the 1944 treaty, Mexico must send 1.75 million acre-feet of water to the U.S. from the Rio Grande every five years. An acre-foot of water is enough to fill about half an Olympic swimming pool.
The current five-year cycle is up in October, but Mexico has sent less than 30% of the required water, according to data from the International Boundary and Water Commission.
Mexico contends that a historic drought fueled by climate change makes it impossible to fulfill its water commitments, a scenario for which the treaty offers leniency, allowing the water debt to be rolled over to the next five year cycle.
“My Agriculture Secretary, Brooke Rollins, is standing up for Texas Farmers, and we will keep escalating consequences, including TARIFFS and, maybe even SANCTIONS, until Mexico honors the Treaty, and GIVES TEXAS THE WATER THEY ARE OWED!,” Trump said.
Reuters, citing sources, reported on Wednesday that Mexican officials were scrambling to come up with a plan to increase the amount of water the country sends to the United States because of growing concern that Trump could drag the dispute into trade negotiations.
The office of Mexican President Claudia Sheinbaum did not immediately respond to a request for comment.
It’s a game of chicken between the US and China at this point everybody else will come to the table.
We are bringing manufacturing back to sell goods to countries we pissed off by trying to bully them with high tarrifs. These same countries we will need to buy materials from.
What about all the waste from the manufacturing?
How will the US compete with countries who have been manufacturing for decades?
With the EU and Chinese electric cars you know who’s going to win this
This is a very informative and interesting post — I appreciate it. Honestly, I thought it was just me. I had started selling on Amazon about a year and a half before the pandemic, and things were going well. Then, out of nowhere, I got a warning from Amazon saying they were going to shut my account down unless I proved I wasn’t duplicating an account that supposedly existed under my name. They claimed there was some third-party account tied to me — which I had never heard of.
I tried to explain to Amazon that I had no clue what that other account was, and I even sent in all my business records and documentation. They still didn’t believe me. In the end, they shut my first account down and kept this one active. It was a weird and frustrating experience — and from what this post is saying, it sounds like I wasn’t alone. I’m sure this has happened to plenty of other sellers too.
Imagine making $5K to $10K a month and getting shut down overnight. That’s real. I can see how this could be tied into trying to stop the “Chinese takeover,” so to speak. But even if we brought factories back to the U.S., I don’t think most people would want to do that kind of work.
Let’s be real — after the pandemic, when that easy government money was flowing, nobody wanted to work overnight shifts anymore, and a lot of folks barely wanted to return to work at all. Factory work? Ain’t too many people trying to do that.
Nah, B, EU is already talking that,”We can go to zero tariffs on x,y, & z” shit. They have shown they have a weak hand and they also don’t want Chinese electric vehicles either. In fact almost no country that manufacturers cars wants Chinese electric vehicles. Not even India which is a BRICS country. They have their own domestic car industry( Tata & Mahindra). I predict China will pull out all the stops to flood Africa with their cars and poorer developing countries around the world. Again, this is a stare down contest and will be an industrial bloodbath on both sides.
No other country in the world can survive without the US market period. We buy that much shit. But, Trump’s short term thinking ass didn’t prepare US industry CEO’s beforehand for the changes. I’ve been on record saying I’m pro tariffs on China but this fool took a solid tactic and is trying to flip the table over. I think this could’ve legit worked without the chaos if there was a uniform plan. Trump’s tariffs on China from 2018 combined Biden’s C.H.I.P.S Act is the basic framework on how to do it. It’s just needs a tweak.
1. Talk to US manufacturers first in private and let them know the window and timeframe for the coming tariffs.
2. Heavily incentivize/subsidize the building of manufacturing facilities here(tax breaks)
3. Push education/training for the skills/labor needed.
The last one hasn’t been done yet, but that would be the ideal scenario to me. There’ll still be pain in the transition but, you’ll have the average person buying in from an easy to understand perspective.
Oh well, I had hope. I’m just sticking to my side hustles and spending less where I can.
The blue signifies white power
No wonder Trump wanted Chinese companies out of the Panama Canal.
The last time Japan had a standing military, things didn’t turn out very well for the world. Man, I still can't believe this clown got re-elected.
I made this post last week. It was so obvious.