Steel and aluminum tariffs...

[TSA]

The penguins might retaliate too!

Of course you're stuck on "penguins" and did zero research to see why a particular island was tariffed. It was actually a brilliant move and I hadn't even thought about transshipments until the whole penguin thing came up. I've used similar tactics in the past when shipping ocean containers out of Mexico into Korea when they had a 30% tariff on Mexican avocados. It wasn't too difficult to exploit certain loopholes and avoid tariffs. The 30% tariffs have since been removed so I'm back to straight into port of final destination.

[Blake]

https://x.com/SecScottBessent/status/190930938649471422550+ in less than a week :rollin

Now put in dollar amounts instead of number of countries.

[ChumpDumper]

Of course you're stuck on "penguins" and did zero research to see why a particular island was tariffed. It was actually a brilliant move and I hadn't even thought about transshipments until the whole penguin thing came up. I've used similar tactics in the past when shipping ocean containers out of Mexico into Korea when they had a 30% tariff on Mexican avocados. It wasn't too difficult to exploit certain loopholes and avoid tariffs. The 30% tariffs have since been removed so I'm back to straight into port of final destination.
But there are no people on the island to make a shipping agreement with anyone and penguins can't build a transshipment hub.

[ChumpDumper]

And Reunion IS France which is the EU for most trade purposes.

Why did it have a separate listing?

[TSA]

Now put in dollar amounts instead of number of countries.

huh?

[ChumpDumper]

The penguin islands are Australian territory. If the penguins are some kind of rogue outlaw traders, the Aussies need to be notified.

[ChumpDumper]

It gets better:

In a list of countries and territories published Wednesday, the Trump White House had said it would slap duties of 37 percent on imports from Indian Ocean territory La Reunion and 50 percent on those coming from tiny Saint-Pierre-et-Miquelon in the north Atlantic.

La Reunion (Reunion Island) – part of the European Union's shared customs area, but considered a separate territory for tax purposes – will instead face a 10-percent tariff, according to a version of the list made available Friday.

Saint-Pierre-et-Miquelon – technically not part of the European Union – will be hit with the same levy.

That would bring the two territories into line with other French overseas territories Guadeloupe, Martinique, French Guiana and Mayotte.

Were there already negotiations? Did they skip to the head of the line somehow?

[SnakeBoy]

1909327965475029272

[ChumpDumper]

Israel leading from its vista of moral clarity.

[ChumpDumper]

Are they going to pay us for all the military aid since 1948 or is that no countsies?

[Blake]

I think I like this over the other one --



https://www.paul.senate.gov/dr-rand-paul-reintroduces-bill-to-shield-americans-from-the-high-costs-of-tariffs/

Wow look at Rand

[Blake]

huh?

Dur?

How is going after Penguin Island a huge victory for you other than it's just part of "the 50"

[Blake]

Are they going to pay us for all the military aid since 1948 or is that no countsies?

John Hagee would throw a huge fit if we told Israel to pay up

[Blake]

Of course you're stuck on "penguins" and did zero research to see why a particular island was tariffed. It was actually a brilliant move and I hadn't even thought about transshipments until the whole penguin thing came up. I've used similar tactics in the past when shipping ocean containers out of Mexico into Korea when they had a 30% tariff on Mexican avocados. It wasn't too difficult to exploit certain loopholes and avoid tariffs. The 30% tariffs have since been removed so I'm back to straight into port of final destination.

Lol "brilliant move"

Fucking A the back flips you guys do to protect your Trump.

.... that you say you didn't even vote for :lol

[vy65]

The penguin islands are Australian territory. If the penguins are some kind of rogue outlaw traders, the Aussies need to be notified.

https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcTBFltIbSPEpgKF_0L6PIfiPumONmx3F amcIg&s

"Look at me, I'm the captain now"

[TSA]

Dur?

How is going after Penguin Island a huge victory for you other than it's just part of "the 50"

Why are you trying to conflate an island used for transshipments with my quote talking about 50 world leaders lining up to negotiate with the US? You're just flailing at this point.

[TSA]

Lol "brilliant move"

Fucking A the back flips you guys do to protect your Trump.

.... that you say you didn't even vote for :lol

It shouldn't surprise anyone that you are fine with the US getting cucked on trade.

[Blake]

Why are you trying to conflate an island used for transshipments with my quote talking about 50 world leaders lining up to negotiate with the US? You're just flailing at this point.

You're saying it's a brilliant move. Put it in real world dollars instead of just retard running around spiking footballs in the end zone

[Blake]

It shouldn't surprise anyone that you are fine with the US getting cucked on trade.

Hey dipshit have you seen the Dow lately? I'm not into imaginary scoreboard like you Trump tards. I'm into real world finance. Particularly my own.

[Thread]

Why are you trying to conflate an island used for transshipments with my quote talking about 50 world leaders lining up to negotiate with the US? You're just flailing at this point.

Precisely.

[Thread]

Hey dipshit have you seen the Dow lately? I'm not into imaginary scoreboard like you Trump tards. I'm into real world finance. Particularly my own.

Not me...F.D.I.C.

[Thread]

It shouldn't surprise anyone that you are fine with the US getting cucked on trade.

Precisely.

[ChumpDumper]

Why are you trying to conflate an island used for transshipments with my quote talking about 50 world leaders lining up to negotiate with the US? You're just flailing at this point.The island isn't used for anything. It's a volcano with 100,000 penguins. Your little avocado smuggling anecdote does not apply at all.

[Thread]

Israel leading from its vista of moral clarity.

Holocaust!!!

[Thread]

The island isn't used for anything. It's a volcano with 100,000 penguins.

And for different countries to ship shit thru to fuck the U.S..

The party is over, Dumper. over-over.

[Thread]

Of course you're stuck on "penguins" and did zero research to see why a particular island was tariffed. It was actually a brilliant move and I hadn't even thought about transshipments until the whole penguin thing came up. I've used similar tactics in the past when shipping ocean containers out of Mexico into Korea when they had a 30% tariff on Mexican avocados. It wasn't too difficult to exploit certain loopholes and avoid tariffs. The 30% tariffs have since been removed so I'm back to straight into port of final destination.

Carry-on old T S A.

[TSA]

You're saying it's a brilliant move. Put it in real world dollars instead of just retard running around spiking footballs in the end zone


https://x.com/SecScottBessent/status/190930938649471422550+ in less than a week :rollin


Now put in dollar amounts instead of number of countries.

Again, why are you trying to conflate the conversation we were having about world leaders lining up to negotiate with the US with penguins? Like I said...you're just flailing at this point.

[Thread]

Again, why are you trying to conflate the conversation we were having about world leaders lining up to negotiate with the US with penguins? Like I said...you're just flailing at this point.

...they all are flailing. We got 'em on the run, son. CHARGE!!!

[TSA]

Hey dipshit have you seen the Dow lately? I'm not into imaginary scoreboard like you Trump tards. I'm into real world finance. Particularly my own.

If you were "into real world finance" you should have seen this coming from a mile away and had cash on hand as this has been an amazing buying opportunity.

[Winehole23]

Again, why are you trying to conflate the conversation we were having about world leaders lining up to negotiate with the US with penguins? Like I said...you're just flailing at this point.yeah, well, Trump just declared economic war on the whole world except for Russia and North Korea

and nuked trillions in market capitalization

it makes sense other countries are seeking adjustments to Trump's frankly insane tariffs

[Winehole23]

our trade deficit is ~$1.2 trillion

Trump nuked trillions more than that of the value of US equities to bring people to the table

epic self-wounding for tactical advantage, millions depend on US equity markets for their retirement

[ChumpDumper]

If you were "into real world finance" you should have seen this coming from a mile away and had cash on hand as this has been an amazing buying opportunity.Did you sell before the drop you wanted?

[Winehole23]

If you were "into real world finance" you should have seen this coming from a mile away and had cash on hand as this has been an amazing buying opportunity.

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:iftpzy23ybfvx6dzrguuvjgx/bafkreie3lkdahgovu2v2oslo44buhyg3ij3ijc42rhhfu3dtb mlmdkvir4@jpeg

[Blake]

If you were "into real world finance" you should have seen this coming from a mile away and had cash on hand as this has been an amazing buying opportunity.

So what have you been buying up then? Lay it out

[Blake]

If you were "into real world finance" you should have seen this coming from a mile away and had cash on hand as this has been an amazing buying opportunity.

"Then-candidate Donald Trump, at a campaign rally last August as the 2024 race for the White House was heating up, made a promise to voters to quickly bring economic relief if elected.

"Starting on Day 1, we will end inflation and make America affordable again,"...."

https://abcnews.go.com/Politics/trump-vowed-make-economy-day-1-now-us/story?id=119674028


So you knew Trump was lying?

[Winehole23]

underrated:

DOGE's destruction of the IRS is estimated to lead to a $500 billion revenue shortfall


The paradox of jacking up tariffs to cut a trade deficit while slashing taxes to a below a bare minimum needed for state capacity is that it ends up making US government solvency dependent on import volumes (https://bsky.app/profile/aphclarkson.bsky.social/post/3lmaqoblktk2i)


If Trump and the MAGA GOP keep slashing taxes and whacking up tariffs, a government committed to eliminating the US trade deficit with the rest of the world would need to keep huge flows of imports from the rest of the world for revenue needed to keep the US from going bankrupt

[Winehole23]

chairman trump, the people yearn for a great leap forward (https://bsky.app/profile/adem.bsky.social/post/3lmaid6mqyk2a). we will revitalize american manufacturing with a fleet of garage 3d printers that stretches from sea to shining sea.

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:hscujk5a5v6bdmt4nlq2o5cu/bafkreihu5sl5hafieuqvh2cgkbhmugf4ryc3lntjyz4qxwjn4 pear5egtm@jpeg

[Winehole23]

in the interest of equality of trade, the Japanese should be forced to buy our crappy cars


https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:z6rujpf4u56jfie7aqic2nfg/bafkreigimj2alad2sgkqa567mnzzjgkllp2abu7ltgxqrhpv7 mecigbpey@jpeg

[Winehole23]

https://cdn.bsky.app/img/feed_fullsize/plain/did:plc:hbpefio3f5csc44msmbgioxz/bafkreidttup2kic2vojdgqvs2b5rydstb6ibqvcqlpgsunpl5 3la26s57a@jpeg

[Winehole23]

"pay us tribute for USD and US military dominance"

"just write a check to the US Treasury"


We are under siege by hostile adversaries trying to erode our manufacturing and defense industrial base and disrupt our financial system; we will be able to provide neither defense nor reserve assets if our manufacturing capacity is hollowed out. The President has been clear that the United States is committed to remaining the reserve provider, but that the system must be made fairer. We need to rebuild our industries to project the strength needed to protect reserve status, and we need to be able to pay our bills to do so.

What forms can that burden sharing take? There are many options, here are a few ideas:



First, other countries can accept tariffs on their exports to the United States without retaliation, providing revenue to the U.S. Treasury to finance public goods provision. Critically, retaliation will exacerbate rather than improve the distribution of burdens and make it even more difficult for us to finance global public goods.
Second, they can stop unfair and harmful trading practices by opening their markets and buying more from America;
Third, they can boost defense spending and procurement from the U.S., buying more U.S.-made goods, and taking strain off our servicemembers and creating jobs here;
Fourth, they can invest in and install factories in America. They won’t face tariffs if they make their stuff in this country;
Fifth, they could simply write checks to Treasury that help us finance global public goods.

https://www.whitehouse.gov/briefings-statements/2025/04/cea-chairman-steve-miran-hudson-institute-event-remarks/

[Winehole23]

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:7pu4j3ecvwwglj6dfcpfrmai/bafkreie54tzjdtcravsizntahod27idb2mokftmajjb52ncmy r7n4cnb6u@jpeg

[Winehole23]

if the world pays us back, do we have to surrender the goods and services we bought with the money?


"The US cumulative trade deficits in goods from 1976 to 2024 have transferred over $20tn of American wealth into foreign hands."

[Winehole23]

"the tariff's pronouns are he/him"


https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:63umjc3jjqrv77hc4eehbvw7/bafkreihlrmx5wzub7bikye66yxxqh72dr2qxcf5n3knzzl7lq 5s4ffnbym@jpeg

[TSA]

"Then-candidate Donald Trump, at a campaign rally last August as the 2024 race for the White House was heating up, made a promise to voters to quickly bring economic relief if elected.

"Starting on Day 1, we will end inflation and make America affordable again,"...."

https://abcnews.go.com/Politics/trump-vowed-make-economy-day-1-now-us/story?id=119674028


So you knew Trump was lying?

Are you retarded? When I said you should have seen this coming from a mile away since "you are into real world finance" I meant you should have seen the market crashing when the tariffs were implemented. Trump talked about them constantly and you even saw a test run the month prior. He even gave you the fucking date they'd go into place and you are telling me you didn't have cash on hand to take advantage? :rollin

Since you are retarded and randomly brought up inflation and lower costs...

Here's a nice chart since I know you hate reading so much...psst...start looking at January.

https://truflation.com/marketplace/us-inflation-rate

Gas down, your precious eggs are down over 50%. It's only been 4 months the price relief on other things isn't going to be immediate as it will take time for the agencies directed to implement.

https://www.whitehouse.gov/fact-sheets/2025/01/fact-sheet-president-donald-j-trump-delivers-emergency-price-relief-for-american-families-to-defeat-the-cost-of-living-crisis/

[Blake]

:lol anyone that says they saw this amount of wreckage coming a mile away is lying.

But since you saw it, lay out exactly how you took advantage of this. What did you invest in and when?

[Blake]

Gas down, your precious eggs are down over 50%. It's only been 4 months the price relief on other things isn't going to be immediate as it will take time for the agencies directed to implement.

https://www.whitehouse.gov/fact-sheets/2025/01/fact-sheet-president-donald-j-trump-delivers-emergency-price-relief-for-american-families-to-defeat-the-cost-of-living-crisis/

Trump said day 1.

But he appreciates you tards doing the back flips for him

[Thread]

:lol anyone that says they saw this amount of wreckage coming a mile away is lying.

But since you saw it, lay out exactly how you took advantage of this. What did you invest in and when?

Back at the '09 Crash. We made up our minds then that never again. We'd recoup the losses (took almost 3 years) and never do anything that didn't have the F.D.I.C. seal upon it, ever again. It was & remains our religion.

[Thread]

Trump said day 1.

But he appreciates you tards doing the back flips for him

You couldn't drag us away.

[Trill Clinton]

1909625617026314469

[Winehole23]

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:xbamdz56rxyf3xu2ezy7qr55/bafkreihomr43ckbn7s3efq4wgeo7bc4yn7o462ygdh72lwxpc p2kwd24p4@jpeg

[Thread]

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:xbamdz56rxyf3xu2ezy7qr55/bafkreihomr43ckbn7s3efq4wgeo7bc4yn7o462ygdh72lwxpc p2kwd24p4@jpeg

I wouldn't even deal with them here-on-out. Shut it down, kick 'em out of the U.S...no trade war. No tradePERIOD

[Winehole23]

be a shame if everyone started doing this


https://cdn.bsky.app/img/feed_fullsize/plain/did:plc:gcm2auypbf5tftordw7wzfjq/bafkreibowf4ts2qvhzfjv4k6mbbj6uywssyqmkzpog5sztifc q7cuqnuhq@jpeg

[Winehole23]

sure this sounds bad but remember this nation was founded on the principle of cheerfully tolerating large surtaxes on imported goods


https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:nzcmf4wpvos6cf4undpdoujj/bafkreidfqp5ixj6yjeqjriblcy4o32zjtt4ck7xdtdbghu2yc ipkpxjx4y@jpeg

[Winehole23]

not such a good number for the US oil patch

last year's breakeven price was estimated at ~$62/bbl for WTI


https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:43ck35s3crmdzqkghid2zsgv/bafkreib3ysbbdvx2o4274i7sxjtwvwp34bzm72wmtgfisi64p uisfgvtaq@jpeg

[Winehole23]

should be interesting just for the vote, Trump would of course veto



https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:2amnkge5a6hplfwyesmxqkfl/bafkreidswoldic4kvonl7mc5ydozl3kcnrhcdakht37styscu 35oqmmkxi@jpeg

[Winehole23]

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:n74wy26n6klbv7xgrndeog7s/bafkreifkvtibny4trq6hg5mwx2ikdufzynkqly56t3rkr5rny s5zw34jxa@jpeg

[Winehole23]

losing the US Chamber of Commerce would be a measure of how extreme and unhinged Trump's policy is


The U.S. Chamber of Commerce, which represents millions of U.S. businesses big and small but which is heavily funded by industry titans, has been weighing taking the tariff battle to the courts and is being urged to do so by some of its largest members. The move would effectively provide cover for companies distressed about the tariffs’ impact on their businesses (https://fortune.com/2025/04/07/jamie-dimon-warns-of-considerable-turbulence-and-calls-for-quick-resolution-to-tariffs-in-his-annual-jp-morgan-shareholder-letter/) but fearful of incurring the President’s wrath (https://fortune.com/2025/04/06/ceo-trump-tariffs-stock-market-crash-wall-street-tech-executives-elon-musk/) by openly criticizing his trade policy.


Chamber of Commerce spokesperson Matt Letourneau declined to comment. The White House did not immediately respond to a request for comment.
https://fortune.com/2025/04/07/chamber-of-commerce-lawsuit-trump-tariffs-liberation-day/

[Thread]

should be interesting just for the vote, Trump would of course veto

As he should.

He's all in now, finally!

[Winehole23]

large differences in tariff rates will incentivize evasion

interesting historical examples in the article


If you normally reroute through Vietnam, why not shift your operations to the Philippines where the rate is 26% lower? These are enormous differences, more than enough to justify the trouble of building new contacts and shifting your goods across the South China Sea. You are, of course, still worse off than before, as the new tariff on Philippine imports is now effectively 27% (17% + 10% baseline). If you really want to minimize your import tax exposure, you might go through, say, East Timor, which escaped Trump’s formula with no added tariffs.


Rerouting is, of course, easier said than done. There are variations in enforcement practices and new risks to consider. But if pre-revolutionary French smugglers could do it, so can the world’s modern criminal organizations. And it is worth repeating just how fat the margins are here. Evading, say, a 5% tariff might not be worth the risks of bribing Malaysian customs officers. But when we start talking about 20, 25, 30% differences, the calculation changes.

We can reasonably expect, then, that Trump’s tariffs will trigger dramatic shifts in the illicit market for tariff evasion. This is a problem for the administration, as successful evasion deprives the U.S. of customs revenue and distorts the intended impact of the tariffs (which appears to be trade rebalancing).21 (https://mileskellerman.substack.com/p/the-new-market-for-tariff-evasion?utm_source=post-email-title&publication_id=1795458&post_id=160724742&utm_campaign=email-post-title&isFreemail=true&r=byas&triedRedirect=true&utm_medium=email#footnote-21-160724742) The natural solution is enforcement. Like the French monarchy, Trump can wage war on smuggling. But does the U.S. really have the capacity to enforce these tariffs? And can they still rely on allies — many of whom have also been hit with tariffs — to help?
https://mileskellerman.substack.com/p/the-new-market-for-tariff-evasion

[Winehole23]

For smugglers, this is all very good news. By employing a crude formula to determine country-by-country tariffs, the Trump administration has created a new and exciting market for evasion arbitrage. The U.S. lacks the capacity to monitor its own imports, let alone transshipment occurring via third countries. And, even better, it has angered the very allies whose help is needed to enforce these levies.

[ChumpDumper]

large differences in tariff rates will incentivize evasion

interesting historical examples in the article

https://mileskellerman.substack.com/p/the-new-market-for-tariff-evasion

The ST avocado smuggler said this couldn't happen like when he smuggled avocados.

[velik_m]

Walmart says Trump tariffs could hit quarterly profits as it tries to keep prices low

DALLAS — Walmart

on Wednesday scrapped its outlook for operating income in the first quarter, citing uncertainty about the potential impact of sweeping tariffs on China, Vietnam and other key sources of goods across the globe.

In a news release, the discounter said it wants to “maintain flexibility to invest in price as tariffs are implemented.” It said it widened the operating guidance for the fiscal first quarter, but did not provide a new range for first-quarter operating income. It had projected an increase of 0.5% to 2.0% in adjusted operating income in the fiscal first quarter.

Walmart maintained its first-quarter sales outlook of 3% to 4% growth.

In an investor presentation on Wednesday, Chief Financial Officer John David Rainey said “operating income has been harder to predict and we’ve widened our internal range of scenarios, given the current backdrop.”

Rainey said Walmart is “still working through what this [new tariff environment] means for us.” About two-thirds of what Walmart sells in the U.S. is made, grown or assembled in the U.S., he said. The third that Walmart imports comes from across the globe, he said, but China and Mexico are the “most significant.”

...



https://www.cnbc.com/2025/04/09/walmart-pulls-q1-guidance-due-to-trump-tariffs.html

[Winehole23]

It's truly incredible that Biden actually passed a law to open the door to a new era of high tech, high margin US manufacturing, and Trump is just like, "Bring back the sweatshops"

[velik_m]

Canada hits back at US car tariffs with reciprocal measures

Canada says it has started imposing a 25% tariff on certain vehicle imports from the US, retaliating against a similar measure from its neighbour.

The tariffs - or import taxes - will be paid by Canadians who buy some automobiles or their parts from the US.

Confirming that the new taxes would apply after midnight on Wednesday, Canadian Finance Minister Francois-Philippe Champagne said his country was responding to "unwarranted and unreasonable" tariffs.

After returning to power, US President Donald Trump has unleashed a raft of these taxes - which apply globally and specifically aim at some of his top trading partners, including Canada. He claims they will address unfairness in global trade.

Canada was not directly hit by the new swathe of American tariffs - which also came into force at midnight - but Ottawa was already in a row with Washington over Trump's pre-existing policies, which tax a range of items brought across the border.

"We'll protect our workers, our businesses, and our economy," Champagne wrote on X, as he confirmed the start of the retaliatory Canadian measures.

...


https://www.bbc.com/news/articles/cedyyll7467o

[velik_m]

Trump tariffs spark US government debt sell-off

Confidence in the US economy is plummeting as investors dumped government debt amid growing concerns over the impact of Donald Trump's tariffs.

Governments sell bonds - essentially an IOU - to raise money from financial markets for public spending and in return they pay interest.

The US does not normally see high interest rates on its debt as its bonds are viewed as a safe investment, but on Wednesday rates spiked sharply to touch 4.5%.

The rise came after Trump pressed ahead with sweeping tariffs on goods being imported into the US, while Washington's trade war with China escalated further.

After the US implemented a 104% tariff on products from China at midnight on Wednesday, Beijing hit back with 84% levy on American products.

Stock markets have been falling sharply over the past few days in reaction to the escalating global trade war and fears of tariffs leading to higher prices.

However, the sale of bonds in the US poses a major problem for the world's biggest economy.
...


https://www.bbc.com/news/articles/c5yrr0e7499o

[velik_m]

Investors flee to German bonds as Trump tariffs spark Treasury sell-off

...
Germany bucked the trend as its 10-year bund, seen as a benchmark for the euro zone, traded 7 basis points lower.

Shorter-dated bonds in Europe meanwhile rose in value. The yields on 2-year government bonds in France, Italy and Britain were 9, 6, and 4 basis points lower, respectively. The yield on Germany’s 2-year bunds

“One factor people are speculating about on Treasurys is around the ongoing theme of a move away from the U.S. dollar, of it becoming less trusted,” Ken Egan, senior director for sovereigns at credit rating analysis agency KBRA, told CNBC in a call on Wednesday. “If you follow that through, one way that could manifest is structural holders of debt, reserve managers in China, could move away from Treasurys in response to policy moves from the U.S.”

Egan added that secondary investors also appeared to be taking a step back from U.S. Treasurys, typically seen as a traditional safe haven assets, given the volatile geopolitical climate.

“Various forces are at odds, because you have inflationary concerns and a rapid repricing of Treasurys on those, but on the other side you have weak demand and growth, and more rate cuts being priced in,” he told CNBC.
...



https://www.cnbc.com/2025/04/09/trump-tariffs-german-bonds-rise-as-us-treasury-yields-sell-off.html

[Blake]

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:n74wy26n6klbv7xgrndeog7s/bafkreifkvtibny4trq6hg5mwx2ikdufzynkqly56t3rkr5rny s5zw34jxa@jpeg

We voted for the biggest idiot in the room to sit down at the poker table and play with our money. And we can all see each other's hands.

[Winehole23]

"from now until October is only one day"

if this amendment is included in the big spending bill, tariffs can't be removed by Congress until the fall


https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:ihpglfqq3dapqjmwl2ntktil/bafkreibchdayj43h4lps3ssxd5xktqgejjuhbfpitmzqtpz7e rshvn5r2m@jpeg

[SnakeBoy]

1910022386654798007

[SnakeBoy]

https://i.ibb.co/v439LfDQ/d69b45037aea9c97a10c714ba244369e59c551d6-91157-u163994.jpg

[ChumpDumper]

https://i.ibb.co/v439LfDQ/d69b45037aea9c97a10c714ba244369e59c551d6-91157-u163994.jpg

Oh look, snacks jumped at the chance to be racist.

[Blake]

1910022386654798007

Could not be any more predictable :lol


let's do this again in July


He and the Trump tard nation will declare victory

[TSA]

https://x.com/zerohedge/status/1910020488744550426

[ChumpDumper]

https://x.com/zerohedge/status/1910020488744550426Why didn't he just start by asking for trade negotiations with his great friend Xi?

[Thread]

Why didn't he just start by asking for trade negotiations with his great friend Xi?

He did. That didn't work so he laid another 20% on 'em today.

[Thread]

https://x.com/zerohedge/status/1910020488744550426

He claims their kissing his ass one after another, save the slopes.

[ChumpDumper]

Always on message. Always consistent. Sticking to his guns.

1910023023387893886

https://x.com/Acyn/status/1910023023387893886

[Thread]

Always on message. Always consistent. Sticking to his guns.

1910023023387893886

https://x.com/Acyn/status/1910023023387893886

And then the line to negotiate became long & distinguished, save China who got another 20% laid on 'em, + the original 10% remains for all countries.

[ChumpDumper]

Trump admits why he caved.

1910049428616122873

https://x.com/Acyn/status/1910049428616122873

[Trill Clinton]

Trump admits why he caved.

1910049428616122873

https://x.com/Acyn/status/1910049428616122873

Next time he means it:madrun

[Thread]

Trump admits why he caved.

1910049428616122873

https://x.com/Acyn/status/1910049428616122873

The line to negotiate was & is long and distinguished, save the slopes who got an additional 20% laid on them.

The 10% across the board remains...90 days in if that line doesn't bear fruit:::"Coffee break over. Back on your heads!"

[Trill Clinton]

The line to negotiate was & is long and distinguished, save the slopes who got an additional 20% laid on them.

The 10% across the board remains...90 days in if that line doesn't bear fruit:::"Coffee break over. Back on your heads!"

Excuses excuses

[Thread]

Excuses excuses

Not excuses. He laid it out for them to play it out. Many have played it out and will negotiate. At least 1/China refuses and got another 20% added on to their punishment.

& the 10% does remain intact.

If he'd requested that everyone do the right thing, nobody would've have paid attention as they haven't for the past 80 years. He hit 'em hard & square and the result is great. He gave them an off ramp to negotiate and a time frame of 90 days to do so.

[Winehole23]

the House bends the knee to Trump

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:k7eezr2ybq7cxtptak2q4uhp/bafkreie7oqt6u5vyfioanil42uqjtdlhbwtw5zvng2irk6ni3 2ggykjhoa@jpeg

[Blake]

https://x.com/zerohedge/status/1910020488744550426

Is there ever a retard move that you guys don't brain flip yourselves into making it into a genius move?

[Thread]

the House bends the knee to Trump

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:k7eezr2ybq7cxtptak2q4uhp/bafkreie7oqt6u5vyfioanil42uqjtdlhbwtw5zvng2irk6ni3 2ggykjhoa@jpeg

What's the issue, Winester?

[Thread]

Is there ever a retard move that you guys don't brain flip yourselves into making it into a genius move?

That tact works for you guys. What's good for the goose is sauce for the gander.

[velik_m]

US LNG crippled as Australia seizes US$1.5b trade overnight

...
While Washington reels from China’s sudden LNG embargo, Beijing has already made its next move, a quiet but powerful pivot across the globe. In a shift that caught many Western observers off-guard. China has begun rerouting LNG cargoes originally meant for East Asia straight into Europe’s energy-hungry markets. The message is clear: If the US wants to weaponise trade, China will weaponise its energy strategy.

Why Europe? Because it’s vulnerable and China knows it. Since the Russian invasion of Ukraine, the European Union has been scrambling to find a replacement for Russian gas. For the past two years, the US had been the emergency supplier, shipping LNG across the Atlantic to prevent blackouts and political chaos in capitals from Berlin to Warsaw. But that relationship, built out of necessity, was never guaranteed.

And China just exposed that fragility. By stepping in with competitive LG offers at lower prices, China is capitalising on a moment of weakness. European energy firms, already strained by inflation and political pressure, are welcoming any chance to secure stable and affordable supply. For Beijing this isn’t charity, it’s cold strategy.

Every ship that docks in Rotterdam or Antwerp with Chinese gas is a direct blow to US energy influence in Europe. Let’s be clear. China doesn’t even produce most of this gas. It buys it from global markets, often from Qatar and Australia, or even resells excess volumes it bought on the cheap.

But it’s not about origin. It’s about control, timing and leverage. This rerouting has a cascading effect. As Chinese-controlled LNG floods European terminals, Beijing tightens its grip on a continent desperate for alternatives while US suppliers lose longstanding commercial ground.

In trying to avoid over-reliance on authoritarian regimes like Russia, Europe may now be drifting straight into another form of dependence. One wrapped in silk, not steel. Does this mean China is becoming the new energy kingpin of Europe? Not yet.

But the trend is undeniable. With every new shipment, China positions itself not just as a consumer, but as a strategic distributor, deciding who gets what and when. That power shift is seismic. And while Europe celebrates lower prices, diversified sources, some in Brussels, are quietly raising the alarm. If China can pivot this fast, what happens if it flips the switch again? Could Europe find itself beholden to Beijing in the next crisis?

Meanwhile, Washington watches from the sidelines. Once the dominant LNG player in Europe, the US is now being outmanoeuvred by its own geopolitical rival. American firms are losing contracts. Influence is slipping. And worst of all, this is happening without a single bullet being fired or sanction imposed. It’s not just a trade shift, it’s a strategic realignment. And it’s happening fast.
...



https://johnmenadue.com/post/2025/04/us-lng-crippled-as-australia-seizes-us1-5b-trade-overnight/

[Winehole23]

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:z6rujpf4u56jfie7aqic2nfg/bafkreigp45rhtkxpfoh764ugqimjpfnuzn6bh5ch2huuqo44r b5p75ss2q@jpeg

[Thread]

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:z6rujpf4u56jfie7aqic2nfg/bafkreigp45rhtkxpfoh764ugqimjpfnuzn6bh5ch2huuqo44r b5p75ss2q@jpeg

FOX is labeling the old man pragmatic. And why not he can't lose again.

[TSA]

Is there ever a retard move that you guys don't brain flip yourselves into making it into a genius move?

Imagine thinking that the new baseline of

- 10% universal tariffs
- 25% auto tariffs
- 25% steel tariffs
- 25% tariffs on 60% of Canadian goods (with the USMCA covering the rest)
- 25% tariffs on 50% of Mexican goods (with the USMCA covering the rest)
- 125% China tariffs

was somehow a "ReTaRd MoVe" rather than a deliberate strategy. If these had been the tariffs in place on April 2nd, people would have lost their minds!

Instead, he introduced those outrageous initial tariffs, which he pitched as leverage to achieve his desired outcome. When he later removed them, his starting point became the tariffs listed above—levels that would have caused a panic if they’d been the opening move. And yet, the market thanked him for it!

Meanwhile, during that period, the Trump administration:

- Devalued the Yuan
- Left the Chinese economy in disarray (with Chinese sellers exiting Amazon)
- Got the GOP working on a Reconciliation Bill
- Secured Japan, Vietnam, Canada, and India, along with over 70 other countries, to negotiate new deals

Yeah, a total "screwup," right?

https://x.com/SportsRollo/status/1910306084872466436

[Thread]

Imagine thinking that the new baseline of

- 10% universal tariffs
- 25% auto tariffs
- 25% steel tariffs
- 25% tariffs on 60% of Canadian goods (with the USMCA covering the rest)
- 25% tariffs on 50% of Mexican goods (with the USMCA covering the rest)
- 125% China tariffs

was somehow a "ReTaRd MoVe" rather than a deliberate strategy. If these had been the tariffs in place on April 2nd, people would have lost their minds!

Instead, he introduced those outrageous initial tariffs, which he pitched as leverage to achieve his desired outcome. When he later removed them, his starting point became the tariffs listed above—levels that would have caused a panic if they’d been the opening move. And yet, the market thanked him for it!

Meanwhile, during that period, the Trump administration:

- Devalued the Yuan
- Left the Chinese economy in disarray (with Chinese sellers exiting Amazon)
- Got the GOP working on a Reconciliation Bill
- Secured Japan, Vietnam, Canada, and India, along with over 70 other countries, to negotiate new deals

Yeah, a total "screwup," right?

https://x.com/SportsRollo/status/1910306084872466436

T S A

[Thread]

The old man hit the slopes again this morning...

[[[• US-China trade escalation: Goods coming from China to the US are subject to at least a 145% tariff, (https://www.cnn.com/2025/04/10/investing/us-stock-market-dow-tariffs/index.html) the White House clarified today.]]]

Let us proceed...

[TSA]

"Then-candidate Donald Trump, at a campaign rally last August as the 2024 race for the White House was heating up, made a promise to voters to quickly bring economic relief if elected.

"Starting on Day 1, we will end inflation and make America affordable again,"...."

https://abcnews.go.com/Politics/trump-vowed-make-economy-day-1-now-us/story?id=119674028


So you knew Trump was lying?

https://x.com/RapidResponse47/status/1910317558302941380

[TSA]

"Then-candidate Donald Trump, at a campaign rally last August as the 2024 race for the White House was heating up, made a promise to voters to quickly bring economic relief if elected.

"Starting on Day 1, we will end inflation and make America affordable again,"...."

https://abcnews.go.com/Politics/trump-vowed-make-economy-day-1-now-us/story?id=119674028


So you knew Trump was lying?

https://x.com/RapidResponse47/status/1910331885319782461

[ChumpDumper]

So prices were increasing at a lower rate before Trump jacked them up?

Hooray?

[Winehole23]

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:ryku3zw5wsf76ofvn4tjtx4s/bafkreifkfx5d5vf4xbufl7b72ewx72c6zoxnvetdd2y7ly32t 3etfpssgu@jpeg

[Thread]

https://x.com/RapidResponse47/status/1910317558302941380


https://x.com/RapidResponse47/status/1910331885319782461

TSA just built a beautiful shoe store in Blake's ass.

T S A

[SnakeBoy]

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:ryku3zw5wsf76ofvn4tjtx4s/bafkreifkfx5d5vf4xbufl7b72ewx72c6zoxnvetdd2y7ly32t 3etfpssgu@jpeg

That's the goal

[Blake]

https://x.com/RapidResponse47/status/1910317558302941380

Do you think the tariffs are tied to inflation falling this one month?

Do you own an iphone?

[Blake]

That's the goal

What a retarded goal

[ChumpDumper]

That's the goal
Why?

[TSA]

Why would anybody plan to move a manufacturing plant which will take years to become operation when tariffs policies are improvised on a day to day basis

https://x.com/baldwin_daniel_/status/1910417134389465554

[ChumpDumper]

Didn't Foxconn pledge billions?

Is that still a win?

[Thread]

https://x.com/baldwin_daniel_/status/1910417134389465554

Chaching!!!

[velik_m]

Citing market uncertainty, Utah Iron shuts down mining operations in Iron County

Officials at Utah Iron LLC announced on Wednesday that the company is suspending its mining operations at its Iron County facility, effective immediately.

According to a news release sent out by Jenn Rhodes, executive director of operations for Utah Iron, “Significant fluctuations in global markets have created an unusual and strenuous amount of uncertainty for buyers and sellers.”

Accordingly, the news release quotes company officials as saying, “We are navigating uncharted waters with unfamiliar and seemingly insurmountable risks. While it pains us to suspend our mining operations, it is a necessary step while we regroup and adjust to current market pressures."

Located approximately 15 miles west of Cedar City, Utah Iron is one of Iron County’s larger employers, the news release states, adding, “The company also supports many other small and large business(es) locally and regionally as well as major transportation providers, railway and sea shipping, that will be impacted.”

Rhodes confirmed to Cedar City News that more than 100 employees are affected but declined to elaborate in further detail.

...


https://www.cedarcityutah.com/news/citing-market-uncertainty-utah-iron-shuts-down-mining-operations-in-iron-county/article_0b87a011-073f-5b56-ae7c-e2a9b8b3152e.html

[Thread]

https://www.cedarcityutah.com/news/citing-market-uncertainty-utah-iron-shuts-down-mining-operations-in-iron-county/article_0b87a011-073f-5b56-ae7c-e2a9b8b3152e.html

You little pisser, Little v. Damn you, boy!!!

[Winehole23]

they know they fucked up


President Donald Trump this week upended not just his tariff strategy but his trade team

Former hedge fund manager and Treasury Secretary Scott Bessent — the White House’s main conduit to beleaguered financial markets — is now at the helm, with populist Peter Navarro relegated to the sidelines and Wall Street punching bag Howard Lutnick recast into the role of “bad cop,” according to three people close to the White House, granted anonymity to speak frankly about internal dynamics.

The diminished roles of Lutnick, the Commerce secretary who for weeks had been the administration’s point person for foreign leaders on tariffs, and Navarro, Trump’s trade adviser, reflect this week’s turmoil over Trump’s trade policy and a shift toward the “fair trade” policies Bessent has been advocating. One of the people, who is close to both Trump and Navarro, said the trade hawk still has the ear of the president, adding that Trump respects Navarro’s aggressive populism, but that “doesn’t mean he’s at the center of it.” A second person said the White House believes it can leverage Lutnick’s difficult personality in negotiations.
https://www.politico.com/news/2025/04/10/bessent-trade-lutnick-navarro-shakeup-00284597

[Winehole23]

https://www.cedarcityutah.com/news/citing-market-uncertainty-utah-iron-shuts-down-mining-operations-in-iron-county/article_0b87a011-073f-5b56-ae7c-e2a9b8b3152e.htmlhard to see how any business can do planning or capital expenditures for the next 90 days

[ChumpDumper]

Tell me you've never bought eggs without saying you've never bought eggs.

your precious eggs are down over 50%.
U.S. egg prices increased again last month to reach a new record-high of $6.23 per dozen despite President Donald Trump’s predictions, a drop in wholesale prices and no egg farms having bird flu outbreaks.

https://apnews.com/article/egg-prices-bird-flu-cpi-b0ded420e9f7c0a707277c9c63396a76

Maybe wait until after Easter to celebrate.

[SnakeBoy]

Tell me you've never bought eggs without saying you've never bought eggs.

U.S. egg prices increased again last month to reach a new record-high of $6.23 per dozen despite President Donald Trump’s predictions, a drop in wholesale prices and no egg farms having bird flu outbreaks.

https://apnews.com/article/egg-prices-bird-flu-cpi-b0ded420e9f7c0a707277c9c63396a76

Maybe wait until after Easter to celebrate.

https://eggprices.org/national-data

[Blake]

https://x.com/baldwin_daniel_/status/1910417134389465554

You tards will never cease to amaze with the bootlicking in the worst of times.

[ChumpDumper]

https://eggprices.org/national-data
This live egg price chart is updated monthly, reflecting how often the BLS reports new pricing data


:huh

[SnakeBoy]

This live egg price chart is updated monthly, reflecting how often the BLS reports new pricing data


:huh

new record-high of $6.23 per dozen

:huh

fwiw, no I don't buy eggs

[Blake]

But egg prices at the grocery store, prices reported in some data reports like the consumer price index and prices on the wholesale market don't always match. The rise in prices has been largely driven by the highly pathogenic avian influenza, or bird flu, outbreak...."

https://www.usatoday.com/story/money/2025/04/10/egg-prices-volatile-easter/82585328007/

[ChumpDumper]

new record-high of $6.23 per dozen

That's why I asked.

[Thread]

https://eggprices.org/national-data

Yep.

[velik_m]

‘The atmosphere in town is one of anxiety’: Palm Springs is in trouble

...
A mass exodus would spell big trouble for Palm Springs. In 2017, Canadian visitors brought in about $236 million and stayed more than twice as long than other visitors, averaging eight days.

Some Canadian visitors are saying that they’re alienated by Trump’s rhetoric toward immigrants, his initiation of a trade war and his comments referring to Canada as the “51st state.” There are reports that Immigration and Customs Enforcement agents have detained Canadian visitors for days, and in response, advance bookings for summer flights between Canada and the U.S. are down 70%.

At Palm Springs Airport, two Canadian airlines, WestJet and Flair, both cut seasonal flights earlier than expected, according to the Desert Sun.

“As much as it breaks my heart, I will not place myself & others I love in such a vulnerable position by travelling in the US, no matter how many banners are put up espousing a place’s love for Canadians,” Lisa McMillan, a Canadian user, wrote on Facebook in response to the welcome messages at the airport.




https://www.sfgate.com/travel/article/california-city-pleads-to-canadian-tourists-20267683.php

[velik_m]

American Shale Chief Tells Peers to Stop Drilling 'Right Away"

Shale boss Bryan Sheffield, the son of Pioneer Natural Resources founder Scott Sheffield, appears to have called on America's shale drillers to cut drilling immediately, as Brent crude flirts with prices below $60 and WTI falls to $57/barrel.

Sheffield, who controls Formentera Partners LP, told Bloomberg he is planning to delay drilling in some cases, shift focus to existing short-term drilling contracts, and return to expanding the company's uncompleted wells once the market stabilizes, given the chaos and oil price plunge caused in part by Trump's tariff warfare.

Sheffield reportedly told Bloomberg that the situation right now is a "blood bath".

"The industry needs to cut immediately and hunker down to let the tariff war play out," Sheffield was quoted as saying.

...



https://oilprice.com/Latest-Energy-News/World-News/American-Shale-Chief-Tells-Peers-to-Stop-Drilling-Right-Away.amp.html

[velik_m]

China strikes back with 125% tariffs on U.S. goods as trade war intensifies

China on Friday retaliated against U.S. President Donald Trump’s reciprocal tariffs by raising its levies on U.S. goods to 125% from 84%, the Chinese finance ministry said.

“Even if the U.S. continues to impose higher tariffs, it will no longer make economic sense and will become a joke in the history of world economy,” the ministry said in a statement, according to a CNBC translation.

“With tariff rates at the current level, there is no longer a market for U.S. goods imported into China,” the statement noted, adding that “if the U.S. government continues to increase tariffs on China, Beijing will ignore.”

The Trump administration confirmed to CNBC on Thursday that the U.S. tariff rate on Chinese imports now effectively totals 145%. Trump’s latest executive order boosted reciprocal tariffs on Beijing to 125%, stacked on top of a combined 20% fentanyl-related tariff imposed in February and March.

...


https://www.cnbc.com/2025/04/11/china-strikes-back-with-125percent-tariffs-on-us-goods-starting-april-12.html

[Winehole23]

very radical, extreme even


https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:bixc6lwocvgb6rh5wdrk3lym/bafkreie4f3xet4iq42aqj5mmd2sqxaeashlhqr2mq3in7osg3 gnbkt4e44@jpeg

[TSA]

You tards will never cease to amaze with the bootlicking in the worst of times.

"worst of times" :lol

CPI dropped for first time since 2020
PPI dropped for first time since 2023

And you call Trillions of dollars of investments into the US bootlicking.

You tards and your TDS will never cease to amaze me.

[ChumpDumper]

"worst of times" :lol

CPI dropped for first time since 2020
PPI dropped for first time since 2023

And you call Trillions of dollars of investments into the US bootlicking.

You tards and your TDS will never cease to amaze me.
Why did Trump ruin all that progress with stupid tariffs?

[Thread]

Why did Trump ruin all that progress with stupid tariffs?

...because ya's shot him in Pennsylvania & missed.

Now, he's blood drunk>>>lookin' for vengeance.

You know what I say, Dumper?...God's speed.

[Blake]

"worst of times" :lol

CPI dropped for first time since 2020
PPI dropped for first time since 2023

And you call Trillions of dollars of investments into the US bootlicking.

You tards and your TDS will never cease to amaze me.

Then explain in your own words why the market is dropping and the dollar is losing value. Go.

[Thread]

Then explain in your own words why the market is dropping and the dollar is losing value. Go.

Because Trump tore Harris a brand new asshole?

[velik_m]

Um, It Turns Out No One at the Ports Is Collecting Trump’s Tariffs

Thanks to a technical glitch, Donald Trump’s tariffs haven’t even been collected at U.S. ports.

On Friday, U.S. Customs and Border Protection reported that an entry code in the U.S. system for American ships to use to have their freight exempted from tariffs isn’t working, and “the issue is being reviewed.” As a result, no tariffs are being collected by the U.S. government for the time being.

U.S. shippers told the news outlet that they have not been charged higher tariff rates on their containers as recently as Thursday, despite Trump’s claims that tariffs are in effect and are being collected. This latest snafu is on top of the fact that many companies and industry groups are still unsure of when tariffs will be collected, especially since Trump keeps changing the rates erratically in social media posts and executive orders, and making new threats almost daily.

“There has been some confusion on what President Trump has said in social media posts on when the tariff starts and what is written in the executive order,” Jarred Varanelli, vice president of U.S. sales at logistics firm Savino Del Bene, told CNBC. “Social media posts are not law on the pause and increase in tariffs. With the constant changes to the regulations, all customs brokers in our industry have a difficult task ahead of them.”
...



https://newrepublic.com/post/193930/ports-not-collecting-trump-tariffs-glitch

[velik_m]

Tariffs war halts US beef exports to China as Australia fills the gap

About 300 abattoirs in the United States still have not had their export licences renewed to export beef to China — and it seems Australia is filling the gap.

Before Donald Trump's "Liberation Day" tariff hikes, American beef exporters were already facing problems with their third-largest market.

According to the US Meat Export Federation, American pork and poultry plants had their export registrations with China renewed on March 16, but China "had still not renewed the eligibility of any US beef establishments".

"The majority of US beef production is now ineligible for China," it said.

"This impasse definitely hit our March beef shipments harder and the severe impact will continue until China lives up to its commitments under the Phase One Economic and Trade Agreement."

While some US beef has trickled into China in the past few weeks, ABC Landline has been told the trade has now ground to a halt — especially after China announced retaliation tariffs.

...


https://www.abc.net.au/news/2025-04-12/us-tariffs-war-with-china-australian-beef-exports-up/105166632

[Blake]

Buffoons

[Winehole23]

being bad at government has many drawbacks

[Thread]

Buffoons

Though sharp enough to run Biden off to the porch swing then take off after Harris and whip the dog shit outta her, by God.

"Who's the wild man now!"

[Thread]

being bad at government has many drawbacks

The Magic Negro too, Winester. He was all for tariffs as well, buster.

[velik_m]

Trump exempts phones, computers, chips from new tariffs

President Donald Trump exempted smartphones, computers, and other tech devices and components from his reciprocal tariffs, new guidance from U.S. Customs and Border Protection shows.

The guidance, issued late Friday evening, comes after Trump earlier this month imposed 145% tariffs on products from China, a move that threatened to take a toll on tech giants like Apple

, which makes iPhones and most of its other products in China.

The guidance also includes exclusions for other electronic devices and components, including semiconductors, solar cells, flat panel TV displays, flash drives, and memory cards.

The White House said on Saturday the exemptions were made because Trump wants to ensure that companies have time to move production to the U.S.

White House deputy press secretary Kush Desai said in a statement that Trump “has made it clear America cannot rely on China to manufacture critical technologies such as semiconductors, chips, smartphones, and laptops.”

...



https://www.cnbc.com/2025/04/12/trump-exempts-phones-computers-chips-tariffs-apple-dell.html

[Thread]

Schumer as well. He too wanted to do in the past what Trump is actually doing in the present.

[Blake]

What a retarded pussy we have for a president.

[Thread]

What a retarded pussy we have for a president.

But normal enough to mop the floor with first Biden...then the breed.

"I'm President...and their not."

[SnakeBoy]

The Magic Negro too, Winester. He was all for tariffs as well, buster.

Whinehole used to be all in on tariffs...claimed he was a Whig

[Thread]

Whinehole used to be all in on tariffs...claimed he was a Whig

Yep.

[Winehole23]

"not for me, but highly appropriate for others"


https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:6ma4ud7ovt2cpuj6bncaf6gw/bafkreihgkynlyndptutjtmn2cjw6hyz5526yu4yv77zuhirxl unasvlkgy@jpeg

[Winehole23]

China has suspended exports of a wide range of critical minerals and magnets, threatening to choke off supplies of components central to automakers, aerospace manufacturers, semiconductor companies and military contractors around the world.

Shipments of the magnets, essential for assembling everything from cars and drones to robots and missiles, have been halted at many Chinese ports while the Chinese government drafts a new regulatory system. Once in place, the new system could permanently prevent supplies from reaching certain companies, including American military contractors.

The official crackdown is part of China’s retaliation for President Trump’s sharp increase in tariffs that started on April 2.

On April 4, the Chinese government ordered restrictions on the export of six heavy rare earth metals, which are refined entirely in China, as well as rare earth magnets, 90 percent of which are produced in China. The metals, and special magnets made with them, can now be shipped out of China only with special export licenses.

But China has barely started setting up a system for issuing the licenses. That has caused consternation among industry executives that the process could drag on and that current supplies of minerals and products outside of China could run low.

If factories in Detroit and elsewhere run out of powerful rare earth magnets, that could prevent them from assembling cars and other products with electric motors that require these magnets. Companies vary widely in the size of their emergency stockpiles for such contingencies, so the timing of production disruptions is hard to predict.https://www.nytimes.com/2025/04/13/business/china-rare-earths-exports.html?unlocked_article_code=1._U4.GEm-.S4GejgXI_D0J&smid=bs-share

[Winehole23]

Rare earth magnets make up a tiny share of China’s overall exports to the United States and elsewhere. So halting shipments causes minimal economic pain in China while holding the potential for big effects in the United States and elsewhere.

[SnakeBoy]

"not for me, but highly appropriate for others"


https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:6ma4ud7ovt2cpuj6bncaf6gw/bafkreihgkynlyndptutjtmn2cjw6hyz5526yu4yv77zuhirxl unasvlkgy@jpeg

Libertarians good again

[ChumpDumper]

Libertarians good again

Only libertarians were polled?

Link?

[Winehole23]

Tariffs are non-negotiable, negotiable, but not a negotiating tactic. They are permanent until they are paused but they will never be paused, until they are paused which means they increase. Permanent exemptions already announced are temporary, but nothing has been announced.


https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:uz5apa2z3jrxhjjzqw5qik65/bafkreifkjmkw2s7o4sonml6o6nlhkyo7vq5xwi7rol5f7fhqy mjxec5en4@jpeg

[Thread]

Libertarians good again

Yep.

[ChumpDumper]

Art of the Deal:

1) Don't negotiate.

2) Go nuclear.

3) Don't negotiate.

4) Immediately fold.

5) Beg your opponent you've been trashing from the start to ask you to negotiate.

6) Don't negotiate.

7) Threaten to maybe go kind of nuclear sometime in the future.

8) Wait for your yes men to tell you you're brilliant.

1911436819910078645

https://x.com/atrupar/status/1911436819910078645

[Thread]

Art of the Deal:

1) Don't negotiate.

2) Go nuclear.

3) Don't negotiate.

4) Immediately fold.

5) Beg your opponent you've been trashing from the start to ask you to negotiate.

6) Don't negotiate.

7) Threaten to maybe go kind of nuclear sometime in the future.

8) Wait for your yes men to tell you you're brilliant.

1911436819910078645

https://x.com/atrupar/status/1911436819910078645

9) "I'm President...and their not."

[Trill Clinton]

Bubba sounds like my maga neighbor.

1911465720908554500

[Winehole23]

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:z6rujpf4u56jfie7aqic2nfg/bafkreidrfn5kkyivyo6i2dgly4eh327ete6fosidrwdaqilpg t272ywixm@jpeg

[Thread]

F.D.I.C.

[Winehole23]

beef was becoming less unaffordable before Trump's tariff fiasco

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:z6rujpf4u56jfie7aqic2nfg/bafkreiecejnbt2zkl3vlgiwcgcafhpxeatiuut7m57kj5ubcr flpnnmczq@jpeg

[Blake]

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:z6rujpf4u56jfie7aqic2nfg/bafkreidrfn5kkyivyo6i2dgly4eh327ete6fosidrwdaqilpg t272ywixm@jpeg

Lol "master plan"

[Blake]

beef was becoming less unaffordable before Trump's tariff fiasco

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:z6rujpf4u56jfie7aqic2nfg/bafkreiecejnbt2zkl3vlgiwcgcafhpxeatiuut7m57kj5ubcr flpnnmczq@jpeg

Uh oh will Trump be able to afford a Big Mac?

[TSA]

Why would anybody plan to move a manufacturing plant which will take years to become operation when tariffs policies are improvised on a day to day basis

https://x.com/nvidianewsroom/status/1911767097262104817

[Winehole23]

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:4dtlato5slfnh3jv7muraztp/bafkreibsdyx3vpfd35vwbhmxsrf7yfhzi6b2qyizmlhp3eke5 ivp3voyba@jpeg

[Winehole23]

drove Vietnam straight into the arms of China

Trump's strategy of using huge tariffs and the threat of even bigger tariffs to force other countries to submit to US domination doesn't seem to be working as planned

https://www.reuters.com/world/asia-pacific/chinas-xi-meet-vietnam-leaders-kick-off-southeast-asia-tour-amid-us-tariffs-2025-04-14/

[TSA]

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:4dtlato5slfnh3jv7muraztp/bafkreibsdyx3vpfd35vwbhmxsrf7yfhzi6b2qyizmlhp3eke5 ivp3voyba@jpeg

Before running to ST to spam a Bluesky screenshot from two days ago you should have at least checked out where yields currently were :lol

https://x.com/DeItaone/status/1911777330424431018

[TSA]

drove Vietnam straight into the arms of China

Trump's strategy of using huge tariffs and the threat of even bigger tariffs to force other countries to submit to US domination doesn't seem to be working as planned

https://www.reuters.com/world/asia-pacific/chinas-xi-meet-vietnam-leaders-kick-off-southeast-asia-tour-amid-us-tariffs-2025-04-14/

US, Vietnam agree to start trade deal talks as tariffs paused, Hanoi says

https://www.reuters.com/world/asia-pacific/us-vietnam-agree-launch-trade-deal-talks-tariffs-paused-2025-04-10/

:lol

[Blake]

US, Vietnam agree to start trade deal talks as tariffs paused, Hanoi says

https://www.reuters.com/world/asia-pacific/us-vietnam-agree-launch-trade-deal-talks-tariffs-paused-2025-04-10/

:lol

Why did Trump pause the tariffs?

[Blake]

US, Vietnam agree to start trade deal talks as tariffs paused, Hanoi says

https://www.reuters.com/world/asia-pacific/us-vietnam-agree-launch-trade-deal-talks-tariffs-paused-2025-04-10/

:lol

You know the article you posted is from 4/10, right?

"China, Vietnam sign deals as Xi visits Hanoi amid US tariff tensions

HANOI (Reuters) -China's President Xi Jinping called on Monday for stronger ties with Vietnam on trade and supply chains amid disruptions caused by U.S. tariffs, as he attended the signing in Hanoi of dozens of cooperation agreements between the two communist-run nations....'


https://ca.news.yahoo.com/chinas-xi-meet-vietnam-leaders-000258490.html

[ChumpDumper]

Before running to ST to spam a Bluesky screenshot from two days ago you should have at least checked out where yields currently were :lol

https://x.com/DeItaone/status/1911777330424431018

:lol that looks like where the chart ends up, breh. A lot higher than before you got liberated.

[TSA]

You know the article you posted is from 4/10, right?

"China, Vietnam sign deals as Xi visits Hanoi amid US tariff tensions

HANOI (Reuters) -China's President Xi Jinping called on Monday for stronger ties with Vietnam on trade and supply chains amid disruptions caused by U.S. tariffs, as he attended the signing in Hanoi of dozens of cooperation agreements between the two communist-run nations....'


https://ca.news.yahoo.com/chinas-xi-meet-vietnam-leaders-000258490.html

Well aware of the date. Unlike you I actually read past the headline of articles I link.

China's meeting with Vietnam was planned weeks ago. Do you think Vietnam is now suddenly cancelling meetings for tariff negotiations with the US because of a pre-planned meeting with China?

I posted the link because winehole's claim "drove Vietnam straight into the arms of China" is laughable

[ChumpDumper]

Are we actually meeting with anyone?

What is the goal?

Permanent high tariffs or no tariffs?

[Blake]

Well aware of the date. Unlike you I actually read past the headline of articles I link.

China's meeting with Vietnam was planned weeks ago. Do you think Vietnam is now suddenly cancelling meetings for tariff negotiations with the US because of a pre-planned meeting with China?

I posted the link because winehole's claim "drove Vietnam straight into the arms of China" is laughable

Do you have a date in mind when the average American will start to see all the winning that Trump is doing start to add up in their bank accounts?

[Thread]

drove Vietnam straight into the arms of China

Trump's strategy of using huge tariffs and the threat of even bigger tariffs to force other countries to submit to US domination doesn't seem to be working as planned

https://www.reuters.com/world/asia-pacific/chinas-xi-meet-vietnam-leaders-kick-off-southeast-asia-tour-amid-us-tariffs-2025-04-14/

Please. Those 2 were in bed together throughout the Vietnam War.

[Thread]

Are we actually meeting with anyone?

What is the goal?

Permanent high tariffs or no tariffs?

For ya's to continue to be incapable of hitting the broad side of a President Trump.

[Thread]

Do you have a date in mind when the average American will start to see all the winning that Trump is doing start to add up in their bank accounts?

I already started back in '09.

F.D.I.C.

Everyone was duly warned over 15 years ago and ya's ignored that warning.

Your regrets are your own.
I've no sympathy for you.

[ChumpDumper]

lol you lost a senator from fucking Louisiana. Tell him the plan.

1911896353426321466

https://x.com/atrupar/status/1911896353426321466

[Thread]

Uh oh will Trump be able to afford a Big Mac?

Not at Safeway here in Sun City. $4.99 per pound of 80/20.

[Winehole23]

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:z6rujpf4u56jfie7aqic2nfg/bafkreigc4ofcftto256wy4pmpwvht4pdh23untoadeatm5p3s el6cs2wrq@jpeg

[Thread]

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:z6rujpf4u56jfie7aqic2nfg/bafkreigc4ofcftto256wy4pmpwvht4pdh23untoadeatm5p3s el6cs2wrq@jpeg

In for penny.
In for pound.

[TSA]

Why would anybody plan to move a manufacturing plant which will take years to become operation when tariffs policies are improvised on a day to day basis

TAIWAN CHIP GIANT DROPS $100B ON U.S. SEMICONDUCTORS—TOTAL INVESTMENT HITS $165B

TSMC just doubled down on America’s chip game.

The Taiwan-based giant is pumping another $100B into U.S. operations—adding three new fabs, two advanced packaging plants, and a major R&D center to its Phoenix footprint.

That brings its total U.S. investment to a staggering $165B, the largest foreign direct investment in U.S. history.

Tens of thousands of high-tech jobs, 40,000 construction gigs, and Arizona crowned as the microchip capital of the West.

https://x.com/MarioNawfal/status/1911975394896470211

[ChumpDumper]

TAIWAN CHIP GIANT DROPS $100B ON U.S. SEMICONDUCTORS—TOTAL INVESTMENT HITS $165B

TSMC just doubled down on America’s chip game.

The Taiwan-based giant is pumping another $100B into U.S. operations—adding three new fabs, two advanced packaging plants, and a major R&D center to its Phoenix footprint.

That brings its total U.S. investment to a staggering $165B, the largest foreign direct investment in U.S. history.

Tens of thousands of high-tech jobs, 40,000 construction gigs, and Arizona crowned as the microchip capital of the West.

https://x.com/MarioNawfal/status/1911975394896470211

TSA thanking Ol' Joe once again:

TSMC received $6.6 billion in direct funding and $5 billion in low-cost loans through the CHIPS Act to build a foundry in Arizona.


Are we gonna start making iPhones here or is Trump's folding on those permanent?

[spurraider21]

not to mention these foreign investments will only serve to increase our trade deficits

[ChumpDumper]

https://x.com/nvidianewsroom/status/1911767097262104817

Thanks, Joe!

[ChumpDumper]

not to mention these foreign investments will only serve to increase our trade deficits

:smchode:

[spurraider21]

:smchode:
not that trade deficits are even a bad thing, to be fair. but hilarious that this seems to be the catalyst for the tariffs :lol

[ChumpDumper]

I did another fun little experimental order from China. Returned to the vendor after about six days. The first order I made during the start of all this bullshit actually was delivered even thought the shipper said it had been returned to China. I think it may have been one of those instances where we couldn't even collect the tariffs anyway because Trump can't do anything right.

I do feel sorry for the businesses who are getting completely fucked by this stupid, stupid non-policy.

[Trill Clinton]

Trump bending the knee

1912230594429481200


1911276911084650577

[TSA]

Trump bending the knee

1912230594429481200


1911276911084650577
Reposting fake news from a literal CCP propagandist. You're better than this Trill come on :lol

[SnakeBoy]

not that trade deficits are even a bad thing, to be fair. but hilarious that this seems to be the catalyst for the tariffs :lol

muh free trade Democrats :lmao

[SnakeBoy]

TSA thanking Ol' Joe once again:

TSMC received $6.6 billion in direct funding and $5 billion in low-cost loans through the CHIPS Act to build a foundry in Arizona.



Taxpayer handouts to muh ollyagawky

Today's Democrats smh

[Blake]

Reposting fake news from a literal CCP propagandist. You're better than this Trill come on :lol

What's the real news then?

[Blake]

Taxpayer handouts to muh ollyagawky

Today's Democrats smh

Lol so it's an investment when Trump does it but a handout when the Dems do it.

[SnakeBoy]

Lol so it's an investment when Trump does it but a handout when the Dems do it.

always whatabout Trump

whatabout today's democrats?

You don't want to talk about it. You never do.

[Thread]

What's the real news then?

..."I'm President...and their not."

[Trill Clinton]

Reposting fake news from a literal CCP propagandist. You're better than this Trill come on :lol

No I'm not fam. Anything anti-trump, I post it.

[Thread]

No I'm not fam. Anything anti-trump, I post it.

I always assumed you walked tall, TC. Now? Now I see you a crawlin', belly a draggin'. I'm sick to my stomach at the sight.

[ChumpDumper]

Taxpayer handouts to muh ollyagawkyTSMC is an oligarch?

Please explain without shitting yourself.

[ChumpDumper]

always whatabout Trump

whatabout today's democrats?

You don't want to talk about it. You never do.
We were just talking about Democrats.

You've lost your fucking mind.

You sure shut the fuck up about tariffs since Trump folded again.:lol

[Trill Clinton]

I always assumed you walked tall, TC. Now? Now I see you a crawlin', belly a draggin'. I'm sick to my stomach at the sight.

Maga drew the line in the sand with the federal employee layoffs and i chose a side.Im at war.

[ChumpDumper]

:lmao there is no process. There is no plan. This is Iraq all over again.

US Treasury Secretary Scott Bessent told Yahoo Finance on Tuesday that he was optimistic about "clarity" on tariffs and progress on key trade deals over the next 90 days, as President Trump simultaneously sought to ramp up pressure on China to come to the negotiating table.

"Let's set aside China. There are 15 large trading partners. We set aside China," Bessent told Yahoo Finance Executive Editor Brian Sozzi. There are 14, and we're in rapid motion and setting up a process for the 14 largest trading partners."

He added: "I think if we follow the process, we could have substantial clarity on those 14 away from China in terms of agreements in principle. And then once we reach a level that we've agreed on and they've agreed to lower their tariffs, lower their non-tariff barriers, currency manipulation, and subsidies of industry and labor, then I think we can move forward."

https://www.yahoo.com/news/white-house-pressed-fast-negotiations-105125985.html

Fucking rubes. You will never learn.

[spurraider21]

muh free trade Democrats :lmao
yep. free trade.

then tax and redistribute domestically :tu

[Blake]

always whatabout Trump

whatabout today's democrats?

You don't want to talk about it. You never do.

If it brings positive value to the equation, I don't care who does it of how you want to label it. The point here is that Trump didn't give this "handout". Biden did.

[Winehole23]

Whinehole used to be all in on tariffs...claimed he was a WhigTariffs were just one prong of Henry Clay's American System: national works (infrastructure) and a national bank (to capitalize the frontier, to stabilize the currency and " to knit the country together") were the others. Our own history shows that if not carefully calibrated, tariffs can be ruinous.

But we've basically always had them, the US Customs House was the moneymaker in the 1900s.

[ChumpDumper]

I guess if CC Wei had a bunch of his minions invaded the federal government, wrecked all its functionality for regular citizens and stole all my information, I'd be upset about that too.

Did he do that, snacks?

Please answer yes or no like a man.

[Thread]

:lmao there is no process. There is no plan. This is Iraq all over again.

US Treasury Secretary Scott Bessent told Yahoo Finance on Tuesday that he was optimistic about "clarity" on tariffs and progress on key trade deals over the next 90 days, as President Trump simultaneously sought to ramp up pressure on China to come to the negotiating table.

"Let's set aside China. There are 15 large trading partners. We set aside China," Bessent told Yahoo Finance Executive Editor Brian Sozzi. There are 14, and we're in rapid motion and setting up a process for the 14 largest trading partners."

He added: "I think if we follow the process, we could have substantial clarity on those 14 away from China in terms of agreements in principle. And then once we reach a level that we've agreed on and they've agreed to lower their tariffs, lower their non-tariff barriers, currency manipulation, and subsidies of industry and labor, then I think we can move forward."

https://www.yahoo.com/news/white-house-pressed-fast-negotiations-105125985.html

Fucking rubes. You will never learn.

We learned...that how the breed ended up ass over teacup...with Trump President.

[SnakeBoy]

yep. free trade.

then tax and redistribute domestically :tu

lol Bill Clinton

[SnakeBoy]

If it brings positive value to the equation, I don't care who does it of how you want to label it. The point here is that Trump didn't give this "handout". Biden did.

Yep Dems did a lot of direct corporate welfare then they lost in a landslide

[sickdsm]

beef was becoming less unaffordable before Trump's tariff fiasco

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:z6rujpf4u56jfie7aqic2nfg/bafkreiecejnbt2zkl3vlgiwcgcafhpxeatiuut7m57kj5ubcr flpnnmczq@jpeg

Beef's issues go back to at least 2014. Bred cow market is collapsing, too much work for historically little payback. Herd is still shrinking and was well before Trump. Cow/calf is not something that can consolidated with confinement or cheap labor easy. History of leaving the livestock group out to dry when it comes to limiting risk/disaster aid. I know guys in their 30's that are cashing out because of the burnout. You'll have a wore out body by the time you're 50. Even with the market in all time high prices THE COW HERD IS STILL SHRINKING. Beef isn't nearly high enough to promote that YET. Guys are going to have to get used to pork and chicken and give up the steaks and burgers.

[ChumpDumper]

lol Bill Clinton


Yep Dems did a lot of direct corporate welfare then they lost in a landslide


You sure shut the fuck up about tariffs since Trump folded again.:lol
You were so confident through the first four Trump flip flops....

[SnakeBoy]

You were so confident through the first four Trump flip flops....

lol you libs are making up a W that doesn't exist

I guess that's all you can do as Trump's trade policy marches forward.

[SnakeBoy]

Beef's issues go back to at least 2014. Bred cow market is collapsing, too much work for historically little payback. Herd is still shrinking and was well before Trump. Cow/calf is not something that can consolidated with confinement or cheap labor easy. History of leaving the livestock group out to dry when it comes to limiting risk/disaster aid. I know guys in their 30's that are cashing out because of the burnout. You'll have a wore out body by the time you're 50. Even with the market in all time high prices THE COW HERD IS STILL SHRINKING. Beef isn't nearly high enough to promote that YET. Guys are going to have to get used to pork and chicken and give up the steaks and burgers.

I just heard a rancher dude talking about this today. Wasn't paying close attention but he was basically blaming it on consolidation of beef processors and imported beef.

[ChumpDumper]

lol you libs are making up a W that doesn't existNah, Trump is giving himself multiple Ls that do exist. You just don't want to talk about them. You never do.


I guess that's all you can do as Trump's trade policy marches forward.:lol There is no policy.

[Thread]

Nah, Trump is giving himself multiple Ls that do exist. You just don't want to talk about them. You never do.

:lol There is no policy.

You should take a poll, Dumper.
tee, hee.

[SnakeBoy]

:lol There is no policy.

You spend all day crying about the policy that doesn't exist...is that your story now?

[sickdsm]

I just heard a rancher dude talking about this today. Wasn't paying close attention but he was basically blaming it on consolidation of beef processors and imported beef.

Imported beef because of the processors is the band aid over the last ten years, that isn't the problem. Price should have been higher prior to keep guys in the business. Typically there are the cow/ calf guys such as myself. A heifer is about one year when she gets bred. Two years old when she has a calf. That calf takes about a year and a half rough estimate. Guys will typically breed a cow and raise the calf until 550-750 pounds or almost a year old. Then they will go to a feedlot. That's usually a different place. That's where they get pushed hard on feed. Lots of those guys around since it's more tractor work versus manual labor on calving.

Feedlots don't take up alot of real estate compared to calving. You really need pasture and space for that.

[ChumpDumper]

You spend all day crying about the policy that doesn't exist...is that your story now?
What's the policy this hour?

Are you flipping or flopping?

[Thread]

What's the policy this hour?

Are you flipping or flopping?

Just bein' President, Dumper...done a whoppin' on that breed and that old, codger Uncle Joe, he was a movin' kinda slow.

The Vengeance Tour continues...unabated.

Let us proceed...

[Winehole23]

Coal production peaked in 2008

Coal mining jobs peaked in 1923

DOGE just pink-slipped NIOSH, which monitors and studies black lung, among other things


https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:qnd2lqn52ernybdfonq4mc43/bafkreic3rsbsoq36hjud63m5tyisbahd6g3ctsvkrdd5xqjkr pe4rnbkte@jpeg

[Winehole23]

https://www.emptywheel.net/wp-content/uploads/2025/04/Screenshot-2025-04-16-at-13.18.06.png

[Blake]

Yep Dems did a lot of direct corporate welfare then they lost in a landslide

Yep, we have a lot of ignorant voters

[Blake]

Coal production peaked in 2008

Coal mining jobs peaked in 1923

DOGE just pink-slipped NIOSH, which monitors and studies black lung, among other things


https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:qnd2lqn52ernybdfonq4mc43/bafkreic3rsbsoq36hjud63m5tyisbahd6g3ctsvkrdd5xqjkr pe4rnbkte@jpeg

https://www.icegif.com/wp-content/uploads/2022/12/icegif-1636.gif

[Blake]

You spend all day crying about the policy that doesn't exist...is that your story now?

Trump's gone full retard bull in a China shop. The problem is that he has no policy. Your team is the one having to scramble for logical reasons after he smashes something.

[velik_m]

China tells US to ‘stop whining’ over tariffs as it reports GDP growth spurt

...

On Tuesday evening, China Daily, the ruling Chinese Communist party’s (CCP) English-language mouthpiece, published an editorial saying Donald Trump’s frequent claims of the US being “ripped off” were “hoodwinking the US public”.

“The US is not getting ripped off by anybody,” it said. “The problem is the US has been living beyond its means for decades. It consumes more than it produces. It has outsourced its manufacturing and borrowed money in order to have a higher standard of living than it’s entitled to based on its productivity. Rather than being ‘cheated’, the US has been taking a free ride on the globalisation train.”

It added: “The US should stop whining about itself being a victim in global trade and put an end to its capricious and destructive behaviour.”

...



https://www.theguardian.com/world/2025/apr/16/chinese-state-media-tells-trump-to-stop-whining-as-trade-war-spirals

[Thread]

Trump's gone full retard bull in a China shop. The problem is that he has no policy. Your team is the one having to scramble for logical reasons after he smashes something.

He's blood drunk,,,I told ya's that months ago.

God's speed.

[baseline bum]

https://www.emptywheel.net/wp-content/uploads/2025/04/Screenshot-2025-04-16-at-13.18.06.png

Come to sunny Hollywood, get a free all expense trip to El Salvador thrown in!

[Blake]

https://x.com/nvidianewsroom/status/1911767097262104817

2 days later.....

"Technology stocks dropped Wednesday, led by a 10% plunge in Nvidia, as the chipmaking sector signaled that President Donald Trump's sweeping tariff plans could hamper semiconductor demand.

Nvidia revealed in a filing Tuesday that it take a $5.5 billion charge in the first quarter tied to exporting its H20 graphics processing units to China and other countries.The government will also require a license to ship the chips there and other destinations, the company said...."

https://www.cnbc.com/2025/04/16/chip-stocks-fall-as-nvidia-amd-warn-of-china-export-control-costs.html

[Winehole23]

Capital controls, the heavy hand of government picking winners and losers

[Thread]

2 days later.....

"Technology stocks dropped Wednesday, led by a 10% plunge in Nvidia, as the chipmaking sector signaled that President Donald Trump's sweeping tariff plans could hamper semiconductor demand.

Nvidia revealed in a filing Tuesday that it take a $5.5 billion charge in the first quarter tied to exporting its H20 graphics processing units to China and other countries.The government will also require a license to ship the chips there and other destinations, the company said...."

https://www.cnbc.com/2025/04/16/chip-stocks-fall-as-nvidia-amd-warn-of-china-export-control-costs.html


Capital controls, the heavy hand of government picking winners and losers

F.D.I.C.

[SnakeBoy]

2 days later.....

"Technology stocks dropped Wednesday, led by a 10% plunge in Nvidia, as the chipmaking sector signaled that President Donald Trump's sweeping tariff plans could hamper semiconductor demand.

Nvidia revealed in a filing Tuesday that it take a $5.5 billion charge in the first quarter tied to exporting its H20 graphics processing units to China and other countries.The government will also require a license to ship the chips there and other destinations, the company said...."

https://www.cnbc.com/2025/04/16/chip-stocks-fall-as-nvidia-amd-warn-of-china-export-control-costs.html

The news of the new controls came after Sen. Elizabeth Warren urged Commerce Secretary Howard Lutnick to impose restrictions on exports of Nvidia's H20 and other advanced AI chips to China.

[Winehole23]

"Just following Sen. Warren's orders"

[Blake]

The news of the new controls came after Sen. Elizabeth Warren urged Commerce Secretary Howard Lutnick to impose restrictions on exports of Nvidia's H20 and other advanced AI chips to China.

So Lutnick does what Warren tells him to do? That's new.

[ChumpDumper]

The news of the new controls came after Sen. Elizabeth Warren urged Commerce Secretary Howard Lutnick to impose restrictions on exports of Nvidia's H20 and other advanced AI chips to China.

Trump wants to let China have that tech?

Yes or no, tough guy.

[SnakeBoy]

Do you?

[ChumpDumper]

I don't think it's going to matter much.

I thought that was one thing Trump cared about.

Apparently not.

snacks folds

He always does.

[Thread]

So Lutnick does what Warren tells him to do? That's new.

Pocahontas...high cheek bones & all.

Yada hey!!!

[Winehole23]

https://cdn.bsky.app/img/feed_fullsize/plain/did:plc:ny5mscvguz4r636nekozpqac/bafkreiep2y2b7eyswdbsmkhe2oqp7hew622xrme77xhwnbeha oqvxlwpw4@jpeg

[Thread]

^^^We're gonna see. Everybody thought that Trump would run & hide after Biden beat him and then they went after him with the gavel trying to beat his brains in, then went after him with guns and nary roses trying to blow his brains out. But he's learned a lot of his lessons over the past 6 years and this will be a further test...does he have the patience to stay back on his ski's?

[velik_m]

Japan and the U.S. begin tariff talks on good terms, but without breakthroughs

Tariff negotiations between Japan and the United States began in Washington on Wednesday with goodwill being expressed by both sides but little progress made, other than an agreement to meet again.

Significantly, exchange rates were not discussed, according to Ryosei Akazawa, Japan's chief tariff negotiator, although defense may have been on the agenda.

The value of the yen had become a point of contention in recent weeks, with the U.S. indicating that the Japanese currency might be too weak, while U.S. President Donald Trump has said he would like Japan to pay more for hosting American troops.

...



https://www.japantimes.co.jp/business/2025/04/17/economy/trump-akazawa-japan-trade-talks/

[Thread]

https://www.japantimes.co.jp/business/2025/04/17/economy/trump-akazawa-japan-trade-talks/

Deadbeats. We are their MIC because they bombed Pearl 85 years ago and they get to spend their MIC money on having nice things. Their kids are forbidden to fight in the battles the last 80 years while our kids go in their stead.

"good terms">>>ha!

[Winehole23]

global US tariff-induced economic contraction spells trouble for the US oil patch and Trump's plans for energy dominance


U.S. Energy Secretary Chris Wright, the former boss at fracking firm Liberty Energy, remains bullish (https://oilprice.com/Latest-Energy-News/World-News/Shales-About-to-Make-a-Comeback-for-the-Ages-Energy-Secretary.html) on U.S. oil production—and believes that the industry will not only survive but thrive even with oil at $60 or below.

Yet, the industry begs to differ—at least that’s what executives wrote anonymously in March in comments (https://www.dallasfed.org/research/surveys/des/2025/2501#tab-comments) to the quarterly Dallas Fed Energy Survey for the first quarter.

“There cannot be “U.S. energy dominance” and $50 per barrel oil; those two statements are contradictory. At $50-per-barrel oil, we will see U.S. oil production start to decline immediately and likely significantly (1 million barrels per day plus within a couple quarters),” an executive at an exploration and production firm said.

“The U.S. oil cost curve is in a different place than it was five years ago; $70 per barrel is the new $50 per barrel,” the executive noted.

Another executive put it even more bluntly, “The administration’s chaos is a disaster for the commodity markets. “Drill, baby, drill” is nothing short of a myth and populist rallying cry. Tariff policy is impossible for us to predict and doesn’t have a clear goal. We want more stability.”

Stability is the furthest from where the oil market has been in the past two weeks. Stability may be OPEC’s buzzword for ‘relatively high oil prices,’ but it is also crucial for the capital investment and drilling decisions in the U.S. shale patch.

Without any certainty about the cost of drilling wells – including the price of steel – producers face difficulty budgeting and maintaining shareholder payouts at current levels.

Drilling and ‘all-in’ corporate costs, including overhead, dividend, and servicing debt, amounts to a cash flow WTI breakeven of $62.50 per barrel for new activity in 2025, according to estimates by Rystad Energy (https://oilprice.com/Energy/Crude-Oil/Lower-Oil-Prices-Threaten-Permian-Basin-Growth.html).

Executives at U.S. firms think they need $65 per barrel, on average, to profitably drill a new well this year, per the Dallas Fed Energy Survey.
WTI Crude prices (https://oilprice.com/oil-price-charts/#WTI-Crude) have already dropped below this level and were below $62 a barrel early on Tuesday.

Prices could drop further if global oil demand growth slows with weakening economies amid the trade and tariff chaos.

Even OPEC, the most bullish on oil demand of any forecaster, has just cut its 2025 and 2026 demand growth estimate.

In the monthly report (https://www.opec.org/monthly-oil-market-report.html) on Monday, OPEC said it sees global oil demand growth at 1.3 million barrels per day (bpd) in each of 2025 and 2026, down by 150,000 bpd for each of the two years.

OPEC’s very bullish forecast (and it should be such if the OPEC+ alliance wants to continue justifying easing of the production cuts) is two to three times higher than most other growth estimates by major Wall Street banks.

After years of supporting oil prices with the production cuts, OPEC will also seek to regain market share at the expense of U.S. shale.

In this context, the U.S. Administration’s tariffs and the uncertainty they bring for American producers undermine the American energy dominance agenda.
https://oilprice.com/Energy/Crude-Oil/Trumps-Tariffs-Just-Torched-His-Own-Energy-Agenda.html

[Winehole23]

Trump is screwing over so many of his solid supporters economically

owning the libs doesn't really make up for that


Shale boss Bryan Sheffield, the son of Pioneer Natural Resources founder Scott Sheffield, appears to have called on America’s shale drillers to cut drilling immediately, as Brent crude flirts with prices below $60 and WTI falls to $57/barrel (https://oilprice.com/oil-price-charts/).

Sheffield, who controls Formentera Partners LP, told Bloomberg he is planning to delay drilling in some cases (https://x.com/chigrl/status/1909995715947884685/photo/1), shift focus to existing short-term drilling contracts, and return to expanding the company’s uncompleted wells once the market stabilizes, given the chaos and oil price plunge caused in part by Trump’s tariff warfare.

Sheffield reportedly told Bloomberg that the situation right now is a “blood bath”.

“The industry needs to cut immediately and hunker down to let the tariff war play out,” Sheffield was quoted as saying.

Earlier this week, during a Permian basin golf tournament, American shale drillers let their frustrations with the Trump administration be known, according to a Bloomberg (https://www.bloomberg.com/news/articles/2025-04-09/texas-wildcatters-grow-impatient-with-trump-as-oil-prices-tank?srnd=homepage-americas&embedded-checkout=true) report. The industry is frustrated over its high level of support for the new administration, which has since caused a severe oil price plunge despite promises of a future where shale drillers could “drill baby, drill”.

Shale drillers contributed significantly to Trump’s election campaign and were responsible essentially for “making America great again” by catapulting the country to the status of top crude producer in the world. The betrayal is now being felt as prices continue to tank.https://oilprice.com/Latest-Energy-News/World-News/American-Shale-Chief-Tells-Peers-to-Stop-Drilling-Right-Away.html

[Winehole23]

Trump is lying about the gross take, because he's a big fat liar


U.S. Customs and Border Protection appears to be contradicting President Donald Trump’s comments on the daily revenue generated by his latest slate of tariffs.


The agency said in a statement to CNBC on Monday, “Since April 5, CBP has collected over $500 million under the new reciprocal tariffs, contributing to more than $21 billion in total tariff revenue from 15 presidential trade actions implemented since Jan 20, 2025.”
https://www.cnbc.com/2025/04/16/us-customs-tariffs-revenue-generated-since-april-5.html

[spurraider21]

by the way TSA im not ducking anything. im just not interested in individual stories. for every story about "company moving to US" i can find a story saying "US company laying off workers because of tariffs" or whatever. im not interesting in just posting competing anecdotes. the data will bear things out.

lets see what the job numbers look like in 2Q, 3Q, 4Q of this year. lets see what happens with real wages. GDP. deficit figures. unemployment.

[velik_m]

Nvidia CEO stresses importance of China market in Beijing visit, Chinese state media reports

BEIJING (Reuters) - Nvidia CEO Jensen Huang said on Thursday that China was a very important market for Nvidia after the U.S. imposed a ban on sales of its H20 artificial intelligence chips to the country.

"We hope to continue to cooperate with China," Huang said in a meeting with Ren Hongbin, head of the China Council for the Promotion of International Trade, according to Chinese state broadcaster CCTV.

China welcomes more U.S. companies including Nvidia to further explore the Chinese market, vice premier He Lifeng told Huang as the two met at the Great Hall of the People in Beijing on Thursday, state news agency Xinhua reported.

China, with vast potential for investment and consumption, has always been "fertile ground" for investment and trade by foreign enterprises, He was quoted as saying by Xinhua.

Huang arrived in Beijing earlier in the day at the invitation of the trade organisation.

...



https://finance.yahoo.com/news/nvidia-ceo-jensen-huang-arrived-073924556.html

[Thread]

https://finance.yahoo.com/news/nvidia-ceo-jensen-huang-arrived-073924556.html

We'll see, Little v. Give these tariffs a lengthy try, thru the end of the year and then we'll know if the old man did right, or, if he was dead wrong.

We have to know for sure. Speculating and cutting our noses off to spite our faces is wrong and wrong-headed.

I want to see it succeed OR failPERIOD

[velik_m]

https://www.youtube.com/watch?v=2HfuzBugvUk


Moscow seems pleased. One paper today: “Soviet leaders’ dream of driving a wedge between the European part of Nato & the US has come true.” Another: “Trump is destroying the world created by US liberals…the changes in the global system serve [Russia’s] interests.”

[Thread]

^^^Me & Russia both are pleased, Little v.

[velik_m]

Trump administration announces fees on Chinese ships docking at U.S. ports

The Trump administration on Thursday announced fees on Chinese-built vessels after a United States Trade Representative investigation by the Biden-Trump administrations found China’s acts, policies and practices were unreasonable and burden or restrict U.S. commerce.

“Ships and shipping are vital to American economic security and the free flow of commerce,” said U.S. Trade Representative Jamieson Greer. “The Trump administration’s actions will begin to reverse Chinese dominance, address threats to the U.S. supply chain, and send a demand signal for U.S.-built ships.”

The USTR said China largely achieved its dominance through its increasingly aggressive and specific targeting of these sectors, severely disadvantaging U.S. companies, workers and the U.S. economy.

The fees will be charged once per voyage and not per port, as originally proposed.
...



https://www.cnbc.com/2025/04/17/trump-administration-announces-fees-on-chinese-ships-docking-at-us-ports.html


The U.S. is not prepared to win an economic war against China-built containerships, farmers, ocean carriers warn

Business interests, from U.S. farmers to global ocean carriers, are warning of severe economic damage from proposals being considered by the U.S. government to hit containerships made in China with steep fines when they call on U.S. ports. The goal of bringing more shipbuilding back to the U.S. is at odds with reality in the global ocean trade market, they say, where virtually all container traffic will soon be carried on ships built in China.

An estimated 98% of the global fleet would be subjected to fees when calling on U.S. ports because the fee applies to both existing Chinese-built vessels or future vessels in the order book of carriers, and any carrier with at least one order on the books for a vessel made in China, according to the World Shipping Council, which represents the international ocean liner shipping industry. Currently, 90% of the world’s vessels are subjected to the fee. According to Sea-Intelligence, the total number of port calls made by deep-sea container liner vessels in the United States in 2024 was 12,410.

...


https://www.cnbc.com/2025/03/24/us-not-prepared-to-win-economic-war-against-china-built-containerships.html

[Winehole23]

Trump's trade war to hit trucking hard


For those unfamiliar with the trucking industry: 80 blank sailings means, give or take, about 1,000,000 cargo containers that had been scheduled and booked for delivery which just disappeared.

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:q5wqr7zofdqyqwoki4cby36x/bafkreigvsf4hxktarasps64ny4omoka4czmllqhkday3dd547 ztxvzmfdu@jpeg

[Winehole23]

Trump tariffs hitting US exports hard

Port of LA stats:


https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:bmsmxx3373pd3d5duyosmb26/bafkreicxsjzauus62opzkxmh4vts3ioq62axbu4ypy3q2bdsw ltyuvshcm@jpeg

[Thread]

https://www.cnbc.com/2025/04/17/trump-administration-announces-fees-on-chinese-ships-docking-at-us-ports.html



https://www.cnbc.com/2025/03/24/us-not-prepared-to-win-economic-war-against-china-built-containerships.html

We are gonna see, Little v.

[Thread]

Trump tariffs hitting US exports hard

Port of LA stats:

Let us proceed...

[velik_m]

China stops buying liquefied gas from US

China’s imports of US liquefied natural gas have completely stopped for more than 10 weeks, according to shipping data showing how the Sino-American trade war has spread to energy co-operation.

Since a 69,000-tonne LNG tanker from Corpus Christi in Texas arrived in the southern province of Fujian on February 6 there have been no further shipments between the two countries.

A second tanker was redirected to Bangladesh after it failed to arrive before China imposed a 15 per cent tariff on US LNG on February 10. The tariff has since increased to 49 per cent, making US gas uneconomic for Chinese buyers for the foreseeable future.

The freeze on US LNG is a repeat of a block on imports that lasted for more than a year during President Donald Trump’s first term.

But the impact of the stand-off has potentially far-reaching implications, strengthening China’s energy relationship with Russia and raising questions over the huge expansion of multibillion-dollar LNG terminals that is under way in the US and Mexico.

“There will be long-term consequences,” said Anne-Sophie Corbeau, a gas specialist at Columbia University’s Center on Global Energy Policy. “I do not think Chinese LNG importers will ever contract any new US LNG.”
...



https://www.ft.com/content/a6ad1627-3481-455e-ade8-65c595c1d3e5

[velik_m]

Mack Trucks announces layoffs at Lehigh Valley plant, blames tariffs

Mack Trucks will lay off between 250 and 350 workers at its Lehigh Valley Operations center outside Allentown over the next three months, due to economic uncertainty caused by U.S. tariffs, a company spokesperson said Thursday.

“Heavy-duty truck orders continue to be negatively affected by market uncertainty about freight rates and demand, possible regulatory changes, and the impact of tariffs,” spokesperson Kimberly Pupillo said.

“Today we informed our employees that this unfortunately means we’ll have to lay off 250-350 people at LVO over the next 90 days,” Pupillo said. “We regret having to take this action, but we need to align production with reduced demand for our vehicles.”

Union leaders announced the company had confirmed layoffs Thursday afternoon. The plant in Macungie employs around 1,200 workers.

“Due to the market being in decline, there will be a rate and line reduction. I have heard all the same rumors you guys have heard. This is the first time I have an official word from the company that there will be a layoff,” United Auto Workers Local 677 shop chair Tim Hertzog said in a letter posted on the union’s Facebook page Thursday.

State Rep. Josh Siegel (D-Lehigh) said the layoffs are “a clear signal of the dangerous economic instability being fueled by the Trump administration’s chaotic tariff policies.”

...


https://penncapital-star.com/briefs/mack-trucks-announces-layoffs-at-lehigh-valley-plant-blames-tariffs/

[velik_m]

America's struggling wine industry is getting crushed by global tariffs and Canada's retaliation to them

...
His industry has been “caught in the crossfire” of a trade war, and even if the tariffs were reversed tomorrow, he said, “I think the psychological damage with the consumer might be really hard to come back from, even if these disputes are ironed out.”

He added that some exporting winemakers “may be able to absorb this tariff.” But losing $1 billion a year to “unsold wine that was already in Canada, it really disrupts the domestic wine market here from top to bottom.”

The White House did not respond to a request for comment on the tariffs’ effects on the wine industry. The Liquor Control Board of Ontario, which controls the sale and distribution of alcohol in Canada’s second-largest province, also did not respond.

Before Trump issued tariffs on other countries, America’s wine business had already been facing headwinds. “We are struggling,” said Christi Coors Ficeli, CEO of Goosecross Cellars in the Napa Valley of California.
...



https://www.nbcnews.com/news/us-news/american-wine-global-tariffs-canada-boycott-rcna201296

[velik_m]

China Turns to Canada for Oil as U.S. Trade Tensions Boil Over

Amid deteriorating relations with Washington and steep new U.S. tariffs, Chinese oil refiners are cutting their purchases of American oil by nearly 90%, opting instead to buy record volumes from Canada. The sudden pivot is not just a story of supply and demand—it’s a window into how geopolitics is reshaping the energy landscape.

...

While U.S. exports shrink, Canadian oil is surging into the Chinese market. In March 2025, China imported a record 7.3 million barrels of Canadian crude—most of it shipped from the expanded Trans Mountain Pipeline (TMX) terminus near Vancouver.

That figure is expected to grow even higher this month, as Chinese refiners increasingly look to Canada to fill the gap left by U.S. barrels. The TMX pipeline, which only came online last year, is proving to be a game-changer for Canada’s role in Asia’s energy supply chain.

The 1,150-kilometer expansion now carries oil from Alberta’s vast oil sands straight to the Pacific coast, opening a new export lifeline to Asia that bypasses the U.S. entirely.
...



https://atlasnews.news/p/china-turns-to-canada-for-oil-as-u-s-trade-tensions-boil-over

[Thread]

https://www.ft.com/content/a6ad1627-3481-455e-ade8-65c595c1d3e5


https://penncapital-star.com/briefs/mack-trucks-announces-layoffs-at-lehigh-valley-plant-blames-tariffs/


https://www.nbcnews.com/news/us-news/american-wine-global-tariffs-canada-boycott-rcna201296


https://atlasnews.news/p/china-turns-to-canada-for-oil-as-u-s-trade-tensions-boil-over

Let us proceed...

[Winehole23]

sounds bad


https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:gy7ykdao6qsbghhj36kh6rvr/bafkreidpnyx3jehiktfsqsr45ykn3aylrlymkfqihhzpq7lo4 rmhaaywzi@jpeg