FUN FACT: If tariffs didn't work, other countries wouldn't be tariffing America.
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Apple Stock Sell-Off Continues After China Unveils Matching Tariffs
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They're also having a FIELD DAY stealing and operating off Crypto.
The current US Administration and it's policies are firmly in the interests of the worst people around the world.
It is not a good thing for anyone in todays complex world - there will only be losers - first loser: America.
You have heard about Boeing? Proudly made in America - so far so good. No tariffs.
Unfortunately iportant parts of planes are produced in different countries, exported, processed, imported as "pre worked" *tariff applying* $$ - next working step in U.S. - exported again - finished - imported *tariff applying* $$ - which could all in all end up in a 25% higher price for a 787. Welcome to America - try to export that. Airbus is cheaper - buy an Airbus then...
And: No it is not possible to do all that in America. No chance.
It was ruined indeed. I mean, really ruined. If that orange atrocity got that many votes, you know education has failed.
Educate yourself about the Smoot-Hawley Tariff Act. History is about to repeat itself.
It led directly to WW2, New Deal and Bretton Woods
Even if you were right (I wish you were, but you're not), what are these geniuses going to do? De-elect Trump? No, they can't, and they and the rest of the world get to enjoy the results of their stupidity for the next four years.
Everybody tafiffing each other isn't things "working".
It's an absolute disaster, for all parties.
This is like asserting that "if shooting someone didn't work, others wouldn't be shooting back".
It's not a good outcome to have "everybody shooting at each other"
You are absolutely spot on. USA was widely regarded as a friend and ally throughout the western civilization. Now it's perceived as an unreliable actor at best. China will seize this chance to claim the space you left, and maybe there'll be no going back even if you want to.
Donald does a great job to make "China great again" - which I really do not like, but you have to have reliable partners, which excludes the U.S. by 100%.
How about Vietnam? Significant part of war is the will. End of the day your excuses are just that excuses. Still did not win.
You act as if the market will not continue to fall, and will come up again in the near term (unless you plan to hold more than 4 years).
They're not applying them to each other. We are now left out in the global economy.
The old "catching a falling knife" routine
I'd recommend fighting that urge for awhile
Elonald Mump wants to make it worst by shutting down our libraries and museums.
I can overlook ignorance, because they can be educated. I cannot overlook uncultured. That would take a lifetime to repair, even then it might not be possible. You can't free a fish from water.
My goodness, what an idiot. Egg prices are "down" from their astronomically high price in recent weeks. Inflation is "down" (and has been around 3%, which is normal, since June of 2023) because we're heading towards a recession and the market is shrinking. Jobs and unemployment do not happen overnight - they are the result of the economy, which is currently crashing. When Biden left office, unemployment was low. We'll see where that number is a year from now...
Looks good for Donny. Everyone else gets to eat his poop. Totally dead country.
What about Vietnam? Vietnam was post-WWII and highly televised which resulted in a loss of support from the general public. I think we are on the same page here, but you still wanna fight about it? Haha
Bloody murder.
For a money guy, not getting Market psychology is pathetic, but understandable. You have to be in the market to know. He obviously doesn't have anything in it, so he doesn't get it.
Unfortuantley, the entire middle class does, and THEY get it.
God help him.
If things were terrible some of this would make sense. Wtf?
For a money guy, not getting Market psychology is pathetic, but understandable. You have to be in the market to know. He obviously doesn't have anything in it, so he doesn't get it.
Unfortuantley, the entire middle class does, and THEY get it.
God help him.
If things were terrible some of this would make sense. Wtf?
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With all due respect, and not in defense of Trump.
But the world is an entirely different place than it was 95 years ago in just about every aspect that effects international trade. The players are different. The field of play is different. The only real parallel to economics in 1930 and economics in 2025 is that nations and people are involved.
Otherwise, you may as well cite the economic policies of Mesoamerica in the year 500 AD. and say they apply to the Smoot-Hawley era.
Everything has changed that much in the past 100 years.
100 years ago (crap, 50 years ago) China made just about nothing of interest to anyone else. Mexico made VW Beetles for domestic consumption and beer. That was about it. Brazil wasn't making passenger jets. Most of the Middle East was European colonies in the 1930's. Vietnam was still a French colony.
The world is a vastly different place now. You may as well tell me you looked up Smoot-Hawley in your World Book Encyclopedia after learning how to adjust the distributor cap on your new car.