how soon will Trump back down over tariffs

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Notch7

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against Canada and Mexico he shat himself and reversed it within a matter of a day

lets see how it goes this time

Muppet Trump is so inconsistent there is no chance any American manufacturer will invest in factory or machinery to make stuff in the USA.

If the tariffs last for any length of time, USA businesses will start to look to buy from countries without tariffs, say Vietnam -even though the stuff originates from China

lets hope Trump totally forks the American economy, they harder and faster it falls the faster the MAGE base will dwindle..............heck even the silly MAGAS on here might see scales fall off their eyes eventually
 
Notch7 said:
lets hope Trump totally forks the American economy, they harder and faster it falls the faster the MAGE base will dwindle..............heck even the silly MAGAS on here might see scales fall off their eyes eventually
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Given your investments and I assume pension. You seem to be keen to become poorer?

I guess that is one way to avoid tax rises.

I think there are all sorts of deals being done behind the scenes, except the EU, which will take some months.
 
motorbiking said:
Given your investments and I assume pension. You seem to be keen to become poorer?
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the sooner the American economy tanks the sooner they will get rid of him and the sooner investments recover



motorbiking said:
I think there are all sorts of deals being done behind the scenes, except the EU, which will take some months
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I doubt it

in Trumps first term he started a trade war with China and it damaged USA farmers so much that the u/SA govt had to give them loads of grants to keep them afloat. Trump is doing the same this time across the wider economy
 
I rather thought that these tariffs would be a good thing. It does appear that they could turn out a bad move. Who knows only time will tell.
 
Notch7 said:
the sooner the American economy tanks the sooner they will get rid of him and the sooner investments recover
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It doesn't really work like that. "Tanking" the US economy would likely lead to an increase in job losses here in the UK, greater risk of wars, more invasions of neighbours from bad actors, a stronger Russia and China.

You may not like Trump and he's doing a good job to convince us not to, but we are very closely aligned to the US economy.
 
If the MAGAS are hurting he will reverse the tariffs. He is solely interested in his ratings
 
Some are saying this is straight from the Trump playbook. He wants his Liberation Day, however what will follow thereafter will be negotiations with various affected countries to agree more mutually suitable deals.
 
Its more a question of when american liquidity runs out, as tariffs take effect yep you get a tax income boost but unfortunately then money supply degrades... last week I bought coffee beans at $1000 a ton, this week its $1200, the value of the beans is still £$1000 , its been artificially increased. Hence you need to fund that difference between real and apparent value.... which after a relatively short time goes way up and affects your ability to raise funds so you have to use your own cash has to fund the difference, hence less and less real cash in the economy.

Basically tariffs are a short way to a cash economy and for an economy such as the debt hooked US the outlook is not a pretty one.

have a look at the us bond markets... its not pretty, basically flat since trump arrived, its bond markets that drive growth.
 
martygturner said:
Its more a question of when american liquidity runs out, as tariffs take effect yep you get a tax income boost but unfortunately then money supply degrades... last week I bought coffee beans at $1000 a ton, this week its $1200, the value of the beans is still £$1000 , its been artificially increased. Hence you need to fund that difference between real and apparent value.... which after a relatively short time goes way up and affects your ability to raise funds so you have to use your own cash has to fund the difference, hence less and less real cash in the economy.

Basically tariffs are a short way to a cash economy and for an economy such as the debt hooked US the outlook is not a pretty one.

have a look at the us bond markets... its not pretty, basically flat since trump arrived, its bond markets that drive growth.
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Isn’t it simply that if a range rover costs 25% more, the price will go up to cover that cost, funded by more credit and causing inflation.
 
blup said:
Isn’t it simply that if a range rover costs 25% more, the price will go up to cover that cost, funded by more credit and causing inflation.
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Don't forget American cars will be effected as well, I read some days ago that General Motors import 60% of the parts. (didn't say where from, probably down Mehico way)
 
blup said:
Isn’t it simply that if a range rover costs 25% more, the price will go up to cover that cost, funded by more credit and causing inflation.
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Or large parts of the vehicle will be classed as a subscription service and exempt.

The bigger problem is parts.
 
White House is on DefKetchup 1 warning after Canada got some retaliation in first. Tesla has been removed from access to the EV incentives programme. $43 mil per year... bye bye. The Mango Mussolini is abso furious.
 
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