Steel and aluminum tariffs...

[ChumpDumper]

sounds bad

It's kind of bonkers. Even the ~$50 experimental order I made on 4/2 was originally said to be returned to sender. Now all that delivery history is gone and it says it has been waiting to be picked up by the shipper all along. The real chaos is about to hit the consumer when stuff doesn't get here to replenish inventories.

[ChumpDumper]

So right after ending the war in Ukraine, Infrastructure Week and the new health care plan....

1912972431725121874

https://x.com/atrupar/status/1912972431725121874

[SnakeBoy]

It's kind of bonkers. Even the ~$50 experimental order I made on 4/2 was originally said to be returned to sender. Now all that delivery history is gone and it says it has been waiting to be picked up by the shipper all along. The real chaos is about to hit the consumer when stuff doesn't get here to replenish inventories.

Getting moar Asian masks?

[ChumpDumper]

Getting moar Asian masks?:lol you're so pissy today. #YouTried

[Winehole23]

The supply crunch is already hitting US exports

The economic pain will be widespread this time, even if Trump rescinds the tariffs

[Winehole23]

WSJ (https://bsky.app/profile/carlquintanilla.bsky.social/post/3ln4lnxqtek2j): “.. So that morning, when Navarro was .. in a different part of the White House, Bessent and Lutnick made their move ..

“.. They rushed to the Oval Office to .. propose a pause ..

“.. They stayed until Trump tapped out a Truth Social post ..” �� www.wsj.com/politics/pol... (https://www.wsj.com/politics/policy/trump-tariff-pause-navarro-bessent-lutnick-b9e864fb)

[Winehole23]

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:oqr5mp25r7z3vfr3igeerxbw/bafkreihr7ulzj3uxl27vxn2eqv6syzievr7tzaj3fhegn6ihh shlp7zxgm@jpeg

[velik_m]

The supply crunch is already hitting US exports

The economic pain will be widespread this time, even if Trump rescinds the tariffs

Production of exports doesn't matter, if you don't have the shipping to export it.

[Winehole23]

Production of exports doesn't matter, if you don't have the shipping to export it.That's sort of what I'm talking about. Blanked shipments from China leave us short of containers to ship our own products in

[velik_m]

Tariffs against China threaten the booming board game industry

Board games have been booming. But the industry is starting to collapse under the weight of hefty tariffs against China, where most board games are produced.

“People are losing their jobs, publishers are already closing,” said Sam Bryant of Runaway Parade Games. “Containers full of games that were bound for the U.S. market are now sitting in warehouses in China.”

Bryant and co-owner Gwen Ruelle paused Chinese shipments of their game “Fire Tower” as tariffs against China climbed to 145%. They also delayed crowdfunding their next game, “Punch Bowl.”

“The uncertainty is one of the worst parts,” said Ruelle. “Not being able to make a new plan because the goalpost is always shifting and production takes a long time — it takes between four and six months to make a product.”

...



https://www.wbur.org/hereandnow/2025/04/17/tariffs-board-games

[Winehole23]

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:32y3sdlj453rvknbyx4lvu3x/bafkreia3xc3fw2pef5j6ydob7ly4gdgrrq4xukvx643lyph5m xwaseba4e@jpeg

[Thread]

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:32y3sdlj453rvknbyx4lvu3x/bafkreia3xc3fw2pef5j6ydob7ly4gdgrrq4xukvx643lyph5m xwaseba4e@jpeg

The slopes are still mad at Truman..."Again!"

[velik_m]

Boeing begins flying back planes refused by Chinese airlines

The US plane manufacturer Boeing has begun flying 737 Max jets that were refused by Chinese airline customers back to the United States, as the trade war between the world’s two biggest economies escalates.

Bloomberg reported earlier this week that China had instructed airlines to stop taking delivery of Boeing jets.

The first jet, at the company’s Zhoushan completion centre in China and intended for Xiamen Air, flew from Zhoushan to Guam, the first leg across the Pacific, according to data from FlightRadar24.
...



https://www.bangkokpost.com/business/general/3006447/boeing-begins-flying-back-planes-refused-by-chinese-airlines

[ChumpDumper]

Choose your scapegoat:

Nothing has been finalized, but the working group would likely include Vice President J.D. Vance, Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, National Economic Council director Kevin Hassett, Council of Economic Advisers chairman Stephen Miran and U.S. Trade Representative Jamieson Greer, sources said.

1913351835110314045

https://x.com/CBSNews/status/1913351835110314045

[Thread]

Choose your scapegoat:

Nothing has been finalized, but the working group would likely include Vice President J.D. Vance, Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, National Economic Council director Kevin Hassett, Council of Economic Advisers chairman Stephen Miran and U.S. Trade Representative Jamieson Greer, sources said.

1913351835110314045

https://x.com/CBSNews/status/1913351835110314045

Turns out the Magic Negro swore he was going to do what Trump has done but the MN didn't.

[Winehole23]

Choose your scapegoat:

Nothing has been finalized, but the working group would likely include Vice President J.D. Vance, Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, National Economic Council director Kevin Hassett, Council of Economic Advisers chairman Stephen Miran and U.S. Trade Representative Jamieson Greer, sources said.

1913351835110314045

https://x.com/CBSNews/status/1913351835110314045Bailout committee

Could be another Trump stimmy in the making...

[Winehole23]

those aren't inflation/deficit neutral


at least they weren't when there was a (D) in charge

[Winehole23]

as a temporary saving throw for a tariff-induced supply shock

it might make sense

[Thread]

Turns out the Magic Negro swore he was going to do what Trump has done but the MN didn't.

[sickdsm]

They don't even know how insignificant they are going to be within ten years bc of the demographics. Nation builder, lol

[velik_m]

US Imposes Tariffs Up to 3,521% on Southeast Asia Solar Imports

The United States imposed substantial new tariffs reaching up to 3,521 per cent on solar imports from select Southeast Asian nations, supporting local manufacturers whilst creating additional challenges for the country's renewable energy sector.

The tariffs, announced on Monday, follow a year-long trade investigation that concluded solar producers in Cambodia, Vietnam, Malaysia and Thailand received unfair government subsidies and exported products to the US below production costs. The inquiry, initiated under former President Joe Biden, was requested by American solar manufacturers.

...


https://www.bloomberg.com/news/articles/2025-04-21/us-imposes-new-duties-on-solar-imports-from-southeast-asia?embedded-checkout=true&leadSource=reddit_wall

[Winehole23]

Short-term, Trump is bankrupting corn and soybean farmers

Medium-term, Trump will have effectively given away US market share in China to other countries.


The trade wars have cost the United States its position as China’s No. 1 soybean supplier. Brazil has taken that spot, and Nikkei reported that Chinese negotiators traveled to Brazil last week to hold bilateral discussions to further expand imports of Brazilian soybeans.

Although no longer China’s biggest soybean supplier, the United States still sends about half of its soybean exports to the world’s second most populous country. In 2024, China imported more than 27 million tonnes of soybeans from the United States, worth $12.8 billion, according to the USDA.

Soybean farmers across the United States applauded Trump’s recent announcement that most of the countries impacted by US tariffs would get a 90-day reprieve, providing an opportunity for negotiations. With the pause came a rate drop to 10% for each of the countries itemized during that announcement — except for China.
https://www.world-grain.com/articles/21302-report-china-halts-us-corn-soybean-orders

[Winehole23]

https://s.yimg.com/ny/api/res/1.2/Jmwf4ZXGH7WH43ya9DgO.Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTU0MDtjZj13ZWJw/https://media.zenfs.com/en/manufacturing_dive_692/9060d3e5eee681c91183a469e5273a78




Cleveland-Cliffs is laying off workers in Michigan and Minnesota as the steelmaker attempts to mitigate the knock-on effects of the Trump administration's tariffs on steel (https://www.manufacturingdive.com/news/trump-tariffs-steel-aluminum-reciprocal/739670/) and auto imports (https://www.manufacturingdive.com/news/trump-automotive-tariffs/743670/).

The company plans to idle some operations at its Dearborn, Michigan, plant due to falling automotive demand, leading to 600 job cuts, according to an emailed company statement. Cleveland-Cliffs will also idle operations at two iron ore mines in Minnesota, resulting in 630 layoffs.

"These actions will allow the company to operate more efficiently and in a more cost competitive way for the current market environment," the company said in its statement. "We believe that, once President Trump’s policies take full effect and automotive production is re-shored, we should be able to resume steel production at Dearborn Works."

https://finance.yahoo.com/news/cleveland-cliffs-lays-off-more-114200251.html

[velik_m]

China signs major LNG deals with UAE to replace US supply

State-owned China National Offshore Oil Corporation (CNOOC) agreed on 21 April to a term deal to buy liquefied natural gas (LNG) from Abu Dhabi National Oil Corp (ADNOC), the third supply contract the energy-rich West Asian nation has signed with Chinese buyers in recent days.

CNOOC's Gas and Power Group agreed to a five-year deal starting in 2026 to buy 500,000 metric tons of LNG annually, an industry source with knowledge of the deal told Reuters.

Private Chinese firm ENN Natural Gas and Beijing-owned Zhenhua Oil each signed a term contract over the weekend to secure liquified natural gas from ADNOC, the British news agency added.

ENN's 15-year contract is the largest and will see the firm buy one million tons of LNG from Abu Dhabi annually starting in 2028.

Chinese LNG buyers are seeking to resell US-sourced LNG cargoes to avoid the new tariff costs imposed by Beijing and to secure new deals from other nations to replace the US supply.

...



https://thecradle.co/articles/china-signs-major-lng-deals-with-uae-to-replace-us-supply

[Winehole23]

in one fell swoop, Dumb Donny turned the whole world against the USA

America alone


https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:nyeo33gobuyn6e2ts6brb64l/bafkreietve5rqs6hyj6v3hgsb4hjwbx2ckpicf7lgvhwqqvox cujxvu73u@jpeg

[Trill Clinton]

China keeps doing nothing and winning

1915037790951133441

[velik_m]

Trade war with China is unsustainable, ’de-escalation’ expected: U.S. treasury secretary

WASHINGTON — U.S. Treasury Secretary Scott Bessent said in a Tuesday speech that the ongoing tariffs showdown against China is unsustainable and he expects a “de-escalation” in the trade war between the world’s two largest economies.

But in a private speech in Washington for JPMorgan Chase, Bessent also cautioned that talks between the United States and China had yet to formally start. U.S. President Donald Trump placed import taxes of 145 per cent on China, which has countered with 125 per cent tariffs on U.S. goods. Trump has placed tariffs on several dozen countries, causing the stock market to stumble and interest rates to increase on U.S. debt as investors worry about slower economic growth and higher inflationary pressures.
...



https://nationalpost.com/news/world/trade-war-with-china-is-unsustainable-us-treasury-secretary

[Blake]

in one fell swoop, Dumb Donny turned the whole world against the USA

America alone


https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:nyeo33gobuyn6e2ts6brb64l/bafkreietve5rqs6hyj6v3hgsb4hjwbx2ckpicf7lgvhwqqvox cujxvu73u@jpeg

The Trump tards will still shriek that they don't give a fuck. America wins.

.... until their wallets get directly hit.

[Thread]

The Trump tards will still shriek that they don't give a fuck. America wins.

.... until their wallets get directly hit.

F.D.I.C.

[velik_m]

China invites European countries to form united front against Trump tariffs

In separate calls with the British and Austrian foreign ministers, China’s top diplomat has accused Washington of weaponising tariffs, and urged Europe to join hands with Beijing to defend the multilateral trading system.
Speaking to British Foreign Secretary David Lammy on Tuesday, Wang Yi said the United States had used tariffs “as a weapon to launch indiscriminate attacks on various countries”, violating World Trade Organization rules and harming the interests of other economies.

The practice “regresses state-to-state relations to the law of the jungle”, Wang said, adding that it was “a step backward in history, unpopular and unsustainable”, according to the Chinese foreign ministry.

...


https://www.scmp.com/news/china/diplomacy/article/3307568/china-invites-european-countries-form-united-front-against-trump-tariffs?module=top_story&pgtype=homepage

[Thread]

https://www.scmp.com/news/china/diplomacy/article/3307568/china-invites-european-countries-form-united-front-against-trump-tariffs?module=top_story&pgtype=homepage

They already had a united front, Little v. That's why the old man hit 'em to begin with.

[TSA]

https://nationalpost.com/news/world/trade-war-with-china-is-unsustainable-us-treasury-secretary

Clickbait headline that leaves all of the context of his quote out :lol

"China, in particular, is in need of a rebalancing. Recent data shows the Chinese economy tilting even further away from consumption toward manufacturing. China’s economic system, with growth driven by manufacturing exports, will continue to create even more serious imbalances with its trading partners if the status quo is allowed to continue.

China’s current economic model is built on exporting its way out of its economic troubles. It’s an unsustainable model that is not only harming China but the entire world.

China needs to change. The country knows it needs to change. Everyone knows it needs to change. And we want to help it change—because we need rebalancing too.

China can start by moving its economy away from export overcapacity, and toward supporting its own consumers and domestic demand. Such a shift would help with the global rebalancing that the world desperately needs."

https://home.treasury.gov/news/press-releases/sb0094

Bessent knows what he's doing
:bobo

[Blake]

Clickbait headline that leaves all of the context of his quote out :lol

"China, in particular, is in need of a rebalancing. Recent data shows the Chinese economy tilting even further away from consumption toward manufacturing. China’s economic system, with growth driven by manufacturing exports, will continue to create even more serious imbalances with its trading partners if the status quo is allowed to continue.

China’s current economic model is built on exporting its way out of its economic troubles. It’s an unsustainable model that is not only harming China but the entire world.

China needs to change. The country knows it needs to change. Everyone knows it needs to change. And we want to help it change—because we need rebalancing too.

China can start by moving its economy away from export overcapacity, and toward supporting its own consumers and domestic demand. Such a shift would help with the global rebalancing that the world desperately needs."

https://home.treasury.gov/news/press-releases/sb0094

Bessent knows what he's doing
:bobo

:lol sucker

[Winehole23]

Bessent's rebalancing trade gambit would basically impoverish Americans and is probably meant to...US labor costs and overhead are too high for reshoring to be competitive

[TSA]

Bessent's rebalancing trade gambit would basically impoverish Americans and is probably meant to...US labor costs and overhead are too high for reshoring to be competitive

https://x.com/SecScottBessent/status/1915088279545749646

[ChumpDumper]

https://x.com/SecScottBessent/status/1915088279545749646
What is the strategy to help Main Street?

The only things that have been boosting the markets are the pandering moves towards Wall Street.

[Blake]

What is the strategy to help Main Street?

The only things that have been boosting the markets are the pandering moves towards Wall Street.

.... searching for random mental back flip tweet walls to explain the 4D strategy

[Thread]

What is the strategy to help Main Street]

What I've been tellin' ya's since the '09 Crash= the F.D.I.C.

[Thread]

.... searching for random mental back flip tweet walls to explain the 4D strategy

What that back flip was about since before Pennsylvania:::

1. Get Joe into a debate. Joe quit.
2. Kick the Magic Negro's Black ass outta the Oval Office.
3. Massacre the half breed November 5th last.

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

[Thread]

US labor costs and overhead are too high for reshoring to be competitive

Amen. The bitter truth.

So, don't compete. Cut all ties with China...consider it an act of war without arms...force them from the U.S..

Let us proceed...

[SnakeBoy]

Bessent's rebalancing trade gambit would basically impoverish Americans and is probably meant to...US labor costs and overhead are too high for reshoring to be competitive

Oh cool, CATO Institute whinehole is back

Looking forward to hearing what the protectionist Bernie bro socialist whinehole thinks

libertarian socialists smh

[ChumpDumper]

Oh cool, CATO Institute whinehole is back

Looking forward to hearing what the protectionist Bernie bro socialist whinehole thinks

libertarian socialists smh

So what's the actual plan?

[Winehole23]

Oh cool, CATO Institute whinehole is back

Looking forward to hearing what the protectionist Bernie bro socialist whinehole thinks

libertarian socialists smhI don't care about your personal hangups about me. Say whatever you want, you can barely explain what you mean anyway.

Can you explain Donald Trump's tariff policy in your own words?

What it's trying to do, how its actions work or otherwise hasten the accomplishment of stated goals, etc..?

[Winehole23]

so far, it seems to be causing a global economic contraction

[ChumpDumper]

Clickbait headline that leaves all of the context of his quote out :lol

"China, in particular, is in need of a rebalancing. Recent data shows the Chinese economy tilting even further away from consumption toward manufacturing. China’s economic system, with growth driven by manufacturing exports, will continue to create even more serious imbalances with its trading partners if the status quo is allowed to continue.

China’s current economic model is built on exporting its way out of its economic troubles. It’s an unsustainable model that is not only harming China but the entire world.

China needs to change. The country knows it needs to change. Everyone knows it needs to change. And we want to help it change—because we need rebalancing too.

China can start by moving its economy away from export overcapacity, and toward supporting its own consumers and domestic demand. Such a shift would help with the global rebalancing that the world desperately needs."

https://home.treasury.gov/news/press-releases/sb0094

Bessent knows what he's doing
:bobo

1915105294935277730

https://x.com/JustinWolfers/status/1915105294935277730

:bobo

[Winehole23]

how is the current global loss of trust in the USA and its leadership beneficial to the USA?

does rebalancing with China mean, for example, that more US workers should become coolies while China gets an expanding consumer class?

[Winehole23]

when the whole world is selling US dollars, US Bonds and US equities

all at the same time

that's losing trust in a very basic way, right?

[Winehole23]

this is basically all happening because of the stupid and wanton actions of one man

and only one man

the president of the United States

[Winehole23]

Monumentally stupid. Trump is tripping off the deep end.half-credit

wrong the first time, Trump feathered that one out with subsidies to farmers

but you're right the second time, the stupidity is monumental

[Winehole23]

Oh cool, CATO Institute whinehole is back

Looking forward to hearing what the protectionist Bernie bro socialist whinehole thinks

libertarian socialists smhthe point that you missed is that Trump is making Americans poorer and unhappier, and means to

[Winehole23]

China keeps doing nothing and winning

1915037790951133441China sure as shit retaliated against Trump's insane tariffs

and embargoed importation of rare metals

but they're not playing Dumb Donny's game, either

he's playing theirs now

[Thread]

China sure as shit retaliated against Trump's insane tariffs

and embargoed importation of rare metals

but they're not playing Dumb Donny's game, either

he's playing theirs now

Please. You was pissin' & moanin' about the 10% this morning, Winester.

[Winehole23]

the PRC withstood ~2 years of zero COVID policies, they can surely withstand Donald Trump's dementia as long as necessary

but the US can't withstand empty shelves and mass unemployment

so Dumb Donny backed down

[Thread]

the PRC withstood ~2 years of zero COVID policies, they can surely withstand Donald Trump's dementia as long as necessary

but the US can't withstand empty shelves and mass unemployment

so Dumb Donny backed down

The 10% is still there. That 10% you took a fit over just this morning.

[ChumpDumper]

:lol thinking the Chinese people couldn't outlast flabby Americans like Donald.

All Donald can do is fold over more for Xi.

[Thread]

:lol thinking the Chinese people couldn't outlast flabby Americans like Donald.

All Donald can do is fold over more for Xi.

- "Promises, promises."

- Ernie "The Cat" Ladd

[Winehole23]

all over the place

seems like Trumplandia is flailing




https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:diz2xwx6kf4wbdndyz6pdskk/bafkreih5xac3zaiswxmfxfkr6zewe47upjkuqpiky5kfr77g7 e3c3ekx6a@jpeg

[Winehole23]

...there are going to be empty shelves and unemployment in the US regardless

Dumb Donny has already fucked up

[SnakeBoy]

all over the place

seems like Trumplandia is flailing

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:diz2xwx6kf4wbdndyz6pdskk/bafkreih5xac3zaiswxmfxfkr6zewe47upjkuqpiky5kfr77g7 e3c3ekx6a@jpeg


Yesterday

GENEVA (AP) — Swiss pharmaceuticals powerhouse Roche announced Tuesday it plans to invest $50 billion in the United States over the next five years, creating 12,000 jobs.

[Winehole23]

Yesterday

GENEVA (AP) — Swiss pharmaceuticals powerhouse Roche announced Tuesday it plans to invest $50 billion in the United States over the next five years, creating 12,000 jobs.cool story, bro

[Blake]

Yesterday

GENEVA (AP) — Swiss pharmaceuticals powerhouse Roche announced Tuesday it plans to invest $50 billion in the United States over the next five years, creating 12,000 jobs.

Oh boy I'll bet they just pass the tariff savings right down to the Xolair users

[SnakeBoy]

cool story, bro

Oh boy I'll bet they just pass the tariff savings right down to the Xolair users

Forward your snark to the Roche CFO

[Blake]

Forward your snark to the Roche CFO

It's your boast too.

[velik_m]

Trump ‘eroding’ US brand, has made the country 20% poorer, Citadel chief says

...
Previously, Griffin said, “no brand compared” to US Treasurys, the strength of the US dollar, or the nation’s creditworthiness. But Trump’s tactics have “eroded” that reputation.

“We put that brand at risk,” the billionaire hedge fund manager said. “It can be a lifetime to repair the damage that has been done.”

Investors have dumped US stocks and Treasurys in recent weeks in response to Trump’s on-again, off-again tariffs on imports to the US. While most countries have been granted a 90-day reprieve, Trump has increased duties on China and suggested he might fire Jerome Powell, the respected governor of the US Federal Reserve. (Trump walked back those comments, saying he has no plans to remove Powell.)

Using the euro as a reference, the US “has become 20% poorer in four weeks,” Griffin said, an environment that produces no winners or bright spots.
...



https://www.semafor.com/article/04/23/2025/citadel-ceo-ken-griffin-trump-is-eroding-us-brand-and-making-the-country-poorer?utm_campaign=semaforreddit

[velik_m]

China says it wants to partner with Canada to push back against American ‘bullying’

OTTAWA — China’s ambassador says Beijing is offering to form a partnership with Canada to push back against American “bullying,” suggesting the two countries could rally other nations to stop Washington from undermining global rules.

“We want to avoid the situation where humanity is brought back to a world of the law of the jungle again,” Chinese Ambassador Wang Di told The Canadian Press in a wide-ranging interview.

“China is Canada’s opportunity, not Canada’s threat,” he said through the embassy’s interpreter.

Wang — whose office requested the interview with The Canadian Press — said that China and Canada appear to be the only countries taking “concrete and real countermeasures against the unjustified U.S. tariffs” imposed by U.S. President Donald Trump.

“We have taken notice that, faced with the U.S.’s unilateral bullying, Canada has not backed down,” he said. “Instead, Canada is standing on the right side of the history, on the right side of international fairness and justice.”
...



https://www.ctvnews.ca/world/trumps-tariffs/article/china-says-it-wants-to-partner-with-canada-to-push-back-against-american-bullying/


Trump reinserts himself into Canadian politics, saying 'as a state, it works great'

Days before the federal election and after more than a week without commenting on Canada, U.S. President Donald Trump resurfaced his 51st state rhetoric Wednesday afternoon and suggested he could further raise auto tariffs.

The president was speaking to reporters from the Oval Office, when he repeated his false claim that the United States "subsidizes" Canada to the tune of $200 billion US a year.

"I have to be honest, as a state it works great," Trump said. "Ninety-five per cent of what they do is they buy from us and they sell to us."

The comments come as the Canadian federal election had become less focused on U.S. economic and sovereignty threats and as the Liberal lead over the Conservative Party has tightened in the past week.

...



https://www.cbc.ca/news/politics/trump-canada-politics-1.7516951

[SnakeBoy]

https://www.semafor.com/article/04/23/2025/citadel-ceo-ken-griffin-trump-is-eroding-us-brand-and-making-the-country-poorer?utm_campaign=semaforreddit

Trump stepped his 10x leveraged basis trade...he mad

[velik_m]

Southwest to cut flights this year, pulls guidance, citing ‘macroeconomic uncertainty’

Southwest Airlines said Wednesday that it will reduce its capacity in the second half of the year, as more signs point to weaker domestic bookings this year.

The airline said it expects unit revenue to be flat to down as much as 4% in the second quarter from a year earlier. Southwest said it is not reaffirming its guidance for earnings before interest and taxes for 2025 and 2026.

“Amid the current macroeconomic uncertainty, it is difficult to forecast given recent and short-lived booking trends,” Southwest said in a securities filing.

United Airlines and Delta Air Lines earlier this month announced plans to scale back their domestic capacity in the second half of the year. Delta also pulled its full-year forecast while United provided two forecasts, calling the U.S. economy “impossible” to predict.

...



https://www.cnbc.com/2025/04/23/southwest-airlines-luv-earnings-q1-2025.html

[velik_m]

US economic output hits 16-month low in April, expectations crater

...
Sentiment about the year ahead fell sharply, reaching the lowest level since July 2022 and the second-lowest since September 2020.

Meanwhile, prices charged for goods and services "rose at the sharpest rate for just over a year," S&P Global said in a release. Manufactured goods saw an "especially steep increase," associated with higher tariffs.

"The early flash PMI data for April point to a marked slowing of business activity growth at the start of the second quarter, accompanied by a slump in optimism about the outlook," said Chris Williamson, chief business economist at S&P Global Market Intelligence. "At the same time, price pressures intensified, creating a headache for a central bank which is coming under increasing pressure to shore up a weakening economy just as inflation looks set to rise."
...



https://finance.yahoo.com/news/us-economic-output-hits-16-month-low-in-april-expectations-crater-153056832.html

[Thread]

https://finance.yahoo.com/news/us-economic-output-hits-16-month-low-in-april-expectations-crater-153056832.html

Do a Poll, Little v.

[ChumpDumper]

Trump stepped his 10x leveraged basis trade...he mad

Is the plan just more expensive drugs?

Please explain.

[Thread]

Is the plan just more expensive drugs?

Please explain.

Do a Poll, Dumper. You'll feel better, dad.

[TSA]

Inside Factories in China, a Struggle to Survive Trump’s Tariffs

Small factories with tiny profit margins have played a central role in China’s international competitiveness. Many could now face disaster.

https://www.nytimes.com/2025/04/09/business/economy/guangzhou-china-exports-tariffs.html

Chinese Factories Slow Production and Send Workers Home as US Tariffs Bite

"Factories in China have begun slowing production and furloughing some workers as the trade war unleashed by Trump dries up orders for products ranging from jeans to home appliances. With most Chinese goods now facing US Duties of at least 145%, some factory owners say American customers have cancelled or suspended orders, forcing them to cut production. "

https://www.ft.com/content/d5784258-4de3-44a1-94ae-6f763857b034

[ChumpDumper]

Again, brave TSA thinks the Chinese could never stand any amount of difficulty and simultaneously celebrates Trump's folding at a rise in bond rates.

[Thread]

Again, brave TSA thinks the Chinese could never stand any amount of difficulty and simultaneously celebrates Trump's folding at a rise in bond rates.


Do a Poll, Dumper. You'll feel better, dad.

[TSA]

cool story, bro

https://x.com/RapidResponse47/status/1915434929942385100

Trump is bringing more investment into the USA in 5 months than Biden did in his entire term. So yeah, cool story bro.

[Thread]

https://x.com/RapidResponse47/status/1915434929942385100

Trump is bringing more investment into the USA in 5 months than Biden did in his entire term. So yeah, cool story bro.

T S A

[TSA]

https://x.com/FirstSquawk/status/1915429309285539951

[ChumpDumper]

Why were those exports lost?

Tariffs?

[Thread]

Why were those exports lost?

Tariffs?

Because we promised Japan that after WWII they were not allowed to have an MIC of their own and none of their men would be permitted to fight ever again upon planet earth.

Japan..."Okey dokie, Joe."

[Blake]

https://x.com/RapidResponse47/status/1915434929942385100

Trump is bringing more investment into the USA in 5 months than Biden did in his entire term. So yeah, cool story bro.


Incoming shaqdunkondudley.gif when the next big pharma or big tech company announces another plant being opened to employ a few more thousand people, still down 40 two minutes left

Called it

[ChumpDumper]

https://x.com/FirstSquawk/status/1915429309285539951

1915382499259133993

https://x.com/TheStalwart/status/1915382499259133993

[Blake]

Nah, I trust First Squawk more as a source because they used all caps in their tweet

[Thread]

1915382499259133993

https://x.com/TheStalwart/status/1915382499259133993

Is that a Poll, Dumper?

[TSA]

Nah, I trust First Squawk more as a source because they used all caps in their tweet

Is this a new schtick of yours...to make yourself look like a fucking idiot? :lol

Japan weighs buying more US soybeans as part of tariff deal

https://asia.nikkei.com/Economy/Trade/Japan-weighs-buying-more-US-soybeans-as-part-of-tariff-deal2

[TSA]

https://x.com/ernietedeschi/status/1915380042445574553

[ChumpDumper]

It's pretty clear both stories can be true -- the former being another band aid and the latter being not very good news at all for whatever Trump says he's doing this hour.

[SnakeBoy]

WTO warns Trump’s tariffs risk reshaping global trade into two rival blocs

:tu

[Trill Clinton]

Keyboard warrior is all talk. Only does the tough guy stuff to his own citizens.

1915311221483724984

[ChumpDumper]

WTO warns Trump’s tariffs risk reshaping global trade into two rival blocs

:tu

What is the goal of Trump's tariffs?

[ChumpDumper]

I mean the Chinese have ambitions beyond working in factories. Are Americans supposed to want to go back there?

1915217320084976036

https://x.com/jkbjournalist/status/1915217320084976036

[Blake]

Is this a new schtick of yours...to make yourself look like a fucking idiot? :lol

Japan weighs buying more US soybeans as part of tariff deal

https://asia.nikkei.com/Economy/Trade/Japan-weighs-buying-more-US-soybeans-as-part-of-tariff-deal2

Lol "weighs"

[Blake]

I mean the Chinese have ambitions beyond working in factories. Are Americans supposed to want to go back there?

1915217320084976036

https://x.com/jkbjournalist/status/1915217320084976036

Not even robots want to work for those wages.

[Blake]

Rofl seriously, is working in a factory really what they think the American dream of average Joe is these days? Unbelievable how out of touch these fools are.

[velik_m]

Southwest CEO Says US Airline Industry Is Already in a Recession (https://www.bloomberg.com/news/articles/2025-04-24/southwest-ceo-says-us-airline-industry-is-already-in-a-recession?leadSource=reddit_wall)

[Winehole23]

What is the goal of Trump's tariffs?Snake Boy prefers to wave at his own opinion, not to talk about it.

[Winehole23]

(If I were in a post-constitutional headspace like Snake Boy and the MAGA cohort, I might be wary to explain the policy before power is consolidated in the leader too)

[SnakeBoy]

Rofl seriously, is working in a factory really what they think the American dream of average Joe is these days? Unbelievable how out of touch these fools are.

Yeah the American dream of the average Joe is to work a part time job at an amazon fulfillment center with no benefits and another part time job at walmart with no benefits and still qualify for an ebt card

Muricans just love peddling Chinese products. You hear them say it all the time.

[ChumpDumper]

Yeah the American dream of the average Joe is to work a part time job at an amazon fulfillment center with no benefits and another part time job at walmart with no benefits and still qualify for an ebt card

Muricans just love peddling Chinese products. You hear them say it all the time.So what is the dream of the Average Joe? You're the working class whisperer here in touch with them all -- tell us.

[SnakeBoy]

So what is the dream of the Average Joe? You're the working class whisperer here in touch with them all -- tell us.

I just told you. They want multiple part time jobs peddling cheap Chinese products. They say it all the time. I'm agreeing with you Dems, that's what they want.

The more ambitious average Joe's dream of using their own vehicle to deliver cheap Chinese products right to your door for $18-25* an hour with no benefits.

*Actual earnings will depend on your location, any tips you receive, how long it takes you to complete your deliveries, and other factors.

Dems are right...No way they would work in a factory when they have it so good

[Blake]

Yeah the American dream of the average Joe is to work a part time job at an amazon fulfillment center with no benefits and another part time job at walmart with no benefits and still qualify for an ebt card

Muricans just love peddling Chinese products. You hear them say it all the time.

Why would the factories you're boasting about be any different?

[Blake]

I just told you. They want multiple part time jobs peddling cheap Chinese products. They say it all the time. I'm agreeing with you Dems, that's what they want.

The more ambitious average Joe's dream of using their own vehicle to deliver cheap Chinese products right to your door for $18-25* an hour with no benefits.

*Actual earnings will depend on your location, any tips you receive, how long it takes you to complete your deliveries, and other factors.

Dems are right...No way they would work in a factory when they have it so good

Lol Trump tards and their out of touch rambling

[ChumpDumper]

I just told you. They want multiple part time jobs peddling cheap Chinese products. They say it all the time. I'm agreeing with you Dems, that's what they want.

The more ambitious average Joe's dream of using their own vehicle to deliver cheap Chinese products right to your door for $18-25* an hour with no benefits.

*Actual earnings will depend on your location, any tips you receive, how long it takes you to complete your deliveries, and other factors.

Dems are right...No way they would work in a factory when they have it so goodNo, you obviously mean it's something else.

Why are you folding?

Just give your actual opinion for once.

[Winehole23]

Yeah the American dream of the average Joe is to work a part time job at an amazon fulfillment center with no benefits and another part time job at walmart with no benefits and still qualify for an ebt card

Muricans just love peddling Chinese products. You hear them say it all the time.OK, let's stipulate that the whole world was already a neoliberal hellhole that had already plunged the proles into a rythym of debt, misery and financial precariousness...before Trump got there the second time

How does Trump's current policy alleviate that?

[Winehole23]

"worse to get better"

?

[SnakeBoy]

OK, let's stipulate that the whole world was already a neoliberal hellhole that had already plunged the proles into a rythym of debt, misery and financial precariousness...before Trump got there the second time

How does Trump's current policy alleviate that?

Already answered and you pretended you didn't know what neoliberal meant

Is this the plan for the next four years, the 3 retarded amigos constantly asking why, how come, what for, what's that mean, why, how come, what for?

[ChumpDumper]

Already answered and you pretended you didn't know what neoliberal meant

Is this the plan for the next four years, the 3 retarded amigos constantly asking why, how come, what for, what's that mean, why, how come, what for?
:lol why are you getting so angry?

You're not making any sense, dude.

You're just being asked what all this is about and you fold every time.

You're in favor of these tariffs and everything Trump is doing with them, whether he is aggressively applying them or immediately folding on them. Just tell us what his goal is.

In your opinion.

[Winehole23]

You always say you already answered it in more words that it would have taken to answer

Blow up neoliberalism globally is not an apparent solution to most, it's the system upon which global prosperity currently depends. Dismantling it in detail, globally, might tend to degrade that prosperity.

What's on the other side, and how do current policies tend to reestablish domestic prosperity after intentionally wrecking it first?

[ChumpDumper]

https://media3.giphy.com/media/v1.Y2lkPTc5MGI3NjExaW11dzhieGJmMmo4aGNhOW85NjZodjJ ubDhuOHhvdWNsbDR4MWNrciZlcD12MV9pbnRlcm5hbF9naWZfY nlfaWQmY3Q9Zw/5qVU89WbkXiWjHXdsg/giphy.gif

[Blake]

Already answered and you pretended you didn't know what neoliberal meant

Is this the plan for the next four years, the 3 retarded amigos constantly asking why, how come, what for, what's that mean, why, how come, what for?

Plan B would be just to lol at you

[Winehole23]

https://th.bing.com/th/id/OIP.IkaDvCri-JEubT2v_8W1LAHaDY?w=305&h=160&c=7&r=0&o=5&dpr=1.5&pid=1.7

even orthodox Marxism bowed to the magnificence of the productive powers of capitalism and sought to harness them for the people

Trumplandia is wrecking them on purpose -- for the greater good, allegedly

[SnakeBoy]

Lol Trump tards and their out of touch rambling

Literally just agreeing with your assertion that Americans are happy with the jobs they have.

[SnakeBoy]

Plan B would be just to lol at you

Ya'll been trying to lol away the pain since Trump stomped you in a landslide

[Winehole23]

Literally just agreeing with your assertion that Americans are happy with the jobs they have.thanks for clarification

the American dream is $18-$25/hr with no benefits

[Winehole23]

(I can see why Blake called you out of touch)

[Blake]

Literally just agreeing with your assertion that Americans are happy with the jobs they have.

Nobody here other than you is asserting that Americans are happy with the jobs they have working for Amazon etc.

[Blake]

Ya'll been trying to lol away the pain since Trump stomped you in a landslide

Laughing at the stupidity. Angry and frustrated though at what this retard in chief is doing.

[Winehole23]

Ya'll been trying to lol away the pain since Trump stomped you in a landslideTrump is going to fuck you too

maybe he already has

[SnakeBoy]

Trump is going to fuck you too

maybe he already has

Nope

I took my own advice

https://www.spurstalk.com/forums/showthread.php?t=289825&p=10469897&viewfull=1#post10469897

[Winehole23]

Nope

I took my own advice

https://www.spurstalk.com/forums/showthread.php?t=289825&p=10469897&viewfull=1#post10469897can you give an example, or to you prefer to keep your point completely vague?

[Winehole23]

(Trump is gonna fuck you too, tbh)

[Winehole23]

(maybe he already did)

[Winehole23]

true believers most of all

he's forfeiting confidence and trust everywhere else

[Winehole23]

MAGA isn't big enough, tbh

[SnakeBoy]

can you give an example, or to you prefer to keep your point completely vague?

Dude I already did with specificity

I went to t-bills the day before the election, I was waiting for nvda in the low nineties, it got there just as I predicted, now I'm having fun

You commented on all of it but apparently you wipe your memory every day so you can repeat the same dumb shit over and over

[Thread]

Trump is going to fuck you too

maybe he already has

Yes, he already has, not once, but twice now & counting, but I will go on to the end with him, Winester.

[ChumpDumper]

Dude I already did with specificity

I went to t-bills the day before the election, I was waiting for nvda in the low nineties, it got there just as I predicted, now I'm having fun

You commented on all of it but apparently you wipe your memory every day so you can repeat the same dumb shit over and over

So what is the purpose of these tariffs?

[Winehole23]

Dude I already did with specificity

I went to t-bills the day before the election, I was waiting for nvda in the low nineties, it got there just as I predicted, now I'm having fun

You commented on all of it but apparently you wipe your memory every day so you can repeat the same dumb shit over and overoh ok, you had a specific investment strategy that's working out ok for you so far

good for you

so, how is it supposed to be good for like the working man who's gonna get squeezed by Trump's stagflationary policies?

[Winehole23]

you know, the teeming masses immiserated by neoliberalism and free trade

[ChumpDumper]

you know, the teeming masses immiserated by neoliberalism and free trade

snacks says they already have what they want, but Trump is changing everything for no reason.

[Winehole23]

snacks says they already have what they want, but Trump is changing everything for no reason.what a genius

[Thread]

what a genius

He bounced the Magic Negro out of the Oval Office January 20th, 2025, Winester.

[Winehole23]

snacks says they already have what they want, but Trump is changing everything for no reason.I don't think Snack Boy is an honest narrator of his own opinion

Trumplandia lies so easily, it's practically their first resort

[Thread]

I don't think Snack Boy is an honest narrator of his own opinion

Trumplandia lies so easily, it's practically their first resort

...we learned that tact from your side, Winester.

[SnakeBoy]

I don't think Snack Boy is an honest narrator of his own opinion

Trumplandia lies so easily, it's practically their first resort

I just repeated Chump and Blake's argument and all of you immediately argued against it :lol

[Winehole23]

how lame

deflecting and unresponsive to the last

[SnakeBoy]

I don't think Snack Boy is an honest narrator of his own opinion

Trumplandia lies so easily, it's practically their first resort

You hated Trump's tariffs
Ol Joe kept them all and added a few of his own. I gave him credit and you were saying Go Joe GO!
Now you hate tariffs again, don't even know what they're for

Whinehole the honest broker also the whig, the libertarian, the democratic socialist, and the defender of the status quo

[Winehole23]

You hated Trump's tariffs
Ol Joe kept them all and added a few of his own. I gave him credit and you were saying Go Joe GO!
Now you hate tariffs again, don't even know what they're for

Whinehole the honest broker also the whig, the libertarian, the democratic socialist, and the defender of the status quotalking about me because you can't find a handle on the topic

:lol

[SnakeBoy]

talking about me because you can't find a handle on the topic

:lol

don't talk about me after I talk about you :cry

Trump has the handles whinehole and there's not a damn thing you can do about it

[ChumpDumper]

I just repeated Chump and Blake's argument and all of you immediately argued against it :lol
:lol You misrepresented literally everything everybody said and melted down when asked what you actually think.

Why is this so hard for you?

[Winehole23]

Snake (https://www.spurstalk.com/forums/member.php?u=7993) Boy

Trump doesn't have shit in this subforum

Just you and Thread

:lol

[ChumpDumper]

Honestly I think most service economy workers would be content with universal health care.

[Thread]

Snake (https://www.spurstalk.com/forums/member.php?u=7993) Boy

Trump doesn't have shit in this subforum

Just you and Thread

:lol

He has the Presidency, and that's all he & at least I wanted, Winester. And you know it. He can do whatever the Hell he wants and whenever he wants to do it. Sure, a Judge here and there will block him, but, he's got the con for 4 years.

You don't have to hide being in denial. We're all sort of a family here. [We've] been thru the absolute wringer since 2016...and non stop since then for another 8 years with 4 more to go. The last 2 of the remaining 4 will be where we're gonna be in real danger of seeing one another in the street.

(We're) both gonna be ready and Trump will have no problem whatsoever removing the choker chain from our side. Your side will be a spittin' image, you're gonna want it and real bad.

It's been comin' since '15 and has been mandated after the Pennsylvania hit.

That thing that Jefferson stated about the tree of freedom needing occasionally the spilled blood of it's patriots to keep growing is choice.

[ChumpDumper]

I gotta say, Trumptards' capacity to live vicariously through their God is pretty impressive.

Literally nothing matters to them but Trump's perceived power.

[Thread]

I gotta say, Trumptards' capacity to live vicariously through their God is pretty impressive.

Literally nothing matters to them but Trump's perceived power.

I hear my echo. It's so accurate tears threaten.

Let us proceed...

[velik_m]

China cancels 12,000 metric tons of US pork shipments

China canceled 12,000 metric tons of United States pork shipments amid a high-stakes trade standoff between the superpowers, according to data released Thursday.

China, one of the biggest U.S. trading partners, axed 12,000 metric tons of U.S. pork orders, the data from the U.S. Department of Agriculture (USDA) shows.

The move represents the biggest cancellation of pork orders since the COVID-19 pandemic disrupted supply chains and stalled economies around the world, Bloomberg News reported.

China, behind Mexico and Japan, was the U.S.’s third-biggest market for pork in 2024, importing some 475,000 metric tons valued at more than $1.1 billion.

China is the world’s biggest producer of pork, accounting for nearly 50 percent of global supply at around 57 million metric tons, according to the USDA. The U.S. was ranked third at 11 percent with 12 million metric tons.

...



https://thehill.com/policy/international/5266321-china-cancels-us-pork-ships/

[Thread]

https://thehill.com/policy/international/5266321-china-cancels-us-pork-ships/

Sweet & Sour grapes, the slope way.

[Winehole23]

In fairness, we already have had a trade agreement with South Korea for 20 years

Most of the trade between South Korea and the US is already tariff free -- all that needs to be done here is "taping back together the deal that Trump just ripped up"


https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:z6rujpf4u56jfie7aqic2nfg/bafkreie3au3xsiidmumc6kw3dndlzbwgbtwfiaba3jxujqy73 4v2ortksq@jpeg

[Winehole23]

capex contraction


https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:z6rujpf4u56jfie7aqic2nfg/bafkreicec4ywvtvkz4jlrzjquvhc3oaenwn2qohxkqj32qynq oo2px25aq@jpeg

[Winehole23]

everybody pushing back on Trumplandia's happy talk

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:z6rujpf4u56jfie7aqic2nfg/bafkreidpaomva6mpiy4eoky77sehwwomn5hzyrkvofpxj4zqg a6zusbceu@jpeg

[TSA]

Is this a new schtick of yours...to make yourself look like a fucking idiot? :lol

Japan weighs buying more US soybeans as part of tariff deal

https://asia.nikkei.com/Economy/Trade/Japan-weighs-buying-more-US-soybeans-as-part-of-tariff-deal2

https://x.com/FirstSquawk/status/1915794549072400454



And just for Blake...

Japan weighs importing more US corn in tariff negotiations

Offsetting falling American exports to China seen as effective bargaining chip
https://asia.nikkei.com/Economy/Trade-war/Trump-tariffs/Japan-weighs-importing-more-US-corn-in-tariff-negotiations

[ChumpDumper]

How much more can the Japanese eat?

[TSA]

cool story, bro

https://x.com/RapidResponse47/status/1915799771031232896

[ChumpDumper]

So the goal is free trade after all?

1915826273068454361

https://x.com/Acyn/status/1915826273068454361

[Blake]

https://x.com/FirstSquawk/status/1915794549072400454



And just for Blake...

Japan weighs importing more US corn in tariff negotiations

Offsetting falling American exports to China seen as effective bargaining chip
https://asia.nikkei.com/Economy/Trade-war/Trump-tariffs/Japan-weighs-importing-more-US-corn-in-tariff-negotiations

Lol "weighs"

[Thread]

Lol "weighs"

Why don't you sit on a good sized corn cob.

[SnakeBoy]

So the goal is free trade after all?


Nope

Why are you so bad at this?

[ChumpDumper]

Nope

Why are you so bad at this?

What is it?

Don't fold again.

[Blake]

https://x.com/FirstSquawk/status/1915794549072400454



And just for Blake...

Japan weighs importing more US corn in tariff negotiations

Offsetting falling American exports to China seen as effective bargaining chip
https://asia.nikkei.com/Economy/Trade-war/Trump-tariffs/Japan-weighs-importing-more-US-corn-in-tariff-negotiations

"According to Shusuke Murai and Reiji Yoshida from The Japan Times, critics say the Nikkei is "depending too much on leaks — apparently provided by corporate insiders — and the paper is often seen as reluctant to bluntly criticize Japanese firms."[11] The New York Times reporter Hiroko Tabuchi said the Nikkei's purchase of the FT "Worrying", further stating that "[The] Nikkei is basically a PR machine for Japanese biz; it initially ignored the 2011 Olympus accounting scandal (which FT broke). Nikkei has also hardly covered the Takata airbag defect; almost no investigative work on that issue whatsoever. Nikkei is Japan Inc."[12]"

https://en.wikipedia.org/wiki/The_Nikkei#:~:text=According%20to%20Shusuke%20Mura i%20and,said%20the%20Nikkei%27s%20purchase%20of


No way! Not a tsa link!

[Winehole23]

Subaru, which sold 68,043 cars in Canada in 2024, is reshuffling its supply chain in response to escalating car trade scuffles.

The company sold over 17,700 American-built vehicles in Canada last year, making up 26 percent of its 2024 sales.

But the Japanese automaker’s Canadian division will slash US imports to just 10 percent by the 2026 model year, representing thousands of cars and millions of dollars lost.
The biggest impact will be on the American-built Outback. The popular car will no longer ship north after 2026.

Instead, it will feature a 'made in Japan' badge.

Subaru Canada's CEO, Tomohiro Kubota, said the move will 'minimize the impact of the counter surtax,' according to Automotive News Canada (https://www.autonews.com/subaru/anc-trump-tariffs-subaru-canada-imports-2304/).
For Subaru, it’s cheaper to build and ship cars out of Japan than deal with the political whiplash of US trade policy (https://www.dailymail.co.uk/news/article-14465709/Karoline-Leavitt-reveals-Trump-pausing-tariffs-auto-imports-one-month.html).
https://www.dailymail.co.uk/yourmoney/article-14645149/subaru-moves-manufacturing-japan-tariff-twist.html

[Winehole23]

We've seen both Trump and Xi attempt to soothe understandably jittery businessmen

Trump's tariff and the ensuing Chinese retaliation impose insanely high costs of doing business


China has exempted some U.S. imports from its 125% tariffs and is asking firms to identify critical goods they need levy-free, according to businesses that have been notified, in the clearest sign yet of Beijing's concerns about the trade war's fallout.


The dispensation, which follows de-escalatory (https://www.reuters.com/world/china/bessent-says-china-tariffs-are-not-sustainable-us-signals-willingness-de-2025-04-23/) statements from Washington, signals that the world's two largest economies were prepared to rein in their conflict, which had frozen much of the trade between them and raised fears of a global recession.


Beijing's exemptions, which business groups hope would extend to dozens of industries, pushed the U.S. dollar up slightly and lifted equity markets in Hong Kong and Japan.


"As a quid-pro-quo move, it could provide a potential way to de-escalate tensions," said Alfredo Montufar-Helu, a senior adviser to the Conference Board's China Center, a think tank.


But, he cautioned: "It's clear that neither the U.S. nor China want to be the first in reaching out for a deal."
https://www.reuters.com/world/china/china-considers-exempting-some-goods-us-tariffs-source-says-2025-04-25/

[Winehole23]

In one of China's strongest statements yet over the tariff war, Commerce Ministry spokesman He Yadong said the US should remove all "unilateral tariff measures" against China "if it truly wanted" to solve the issue.


"The person who tied the bell must untie it," he added.


Separately, Foreign Ministry spokesman Guo Jiakun said China and the US had "not conducted consultations or negotiations on tariffs, let alone reached an agreement".


He added that reports to the contrary were "false".
https://www.bbc.com/news/articles/c8dglmm5j52o

[Winehole23]

https://pbs.twimg.com/media/GozEHjXXAAA5wqh?format=png&name=900x900

[velik_m]

The Coming Economic Nightmare

...
In January, President Trump inherited an economy that was growing strongly. Unemployment was low. Inflation had been restrained below 3 percent. If the new Trump administration had just left well enough alone, his second presidency could have coasted to economic success.

Instead, Trump single-handedly plunged the economy into chaos. In the ’70s, the economy was disrupted because the price of oil surged, a result of the major oil producers’ coordinated restriction of supply. Trump’s tariffs are like a hundred self-inflicted oil shocks, all arriving at the same time. Unless Trump changes course immediately, everything will soon cost more, possibly a lot more: groceries and automobiles, industrial magnets and tableware, mobile phones and children’s shoes.

...

No American business—no business that serves the American market—will commit to any capital expenditure under these conditions. If Trump’s tariffs last for any length of time, the result will be a vast disinvestment instead. The worst of the pain may not be felt immediately. Trump advertised the tariffs many weeks in advance, opening an opportunity for businesses to stockpile inventories. Sooner or later, however, those stockpiles will dwindle. Consumers will face higher prices or outright shortages. Businesses will suffer diminished demand. Workers will be laid off.

...

The most dangerous temptation that Trump may face is to impose some form of capital controls to stop investors from dumping dollar assets. Trump’s trade war has driven a sell-off of U.S. Treasury bonds, which raised interest rates in the United States. Regimes moving toward protectionism sometimes try to block investors from rushing to the exits. The United States has more capacity than most to try such measures. Among their many costs, they dissuade investors from ever trusting your country again.
The grim fact about stagflation is that—once stumbled into—it is very hard to escape. Raise interest rates to curb the inflation, and the stagnation gets worse. Rev the economy to overcome stagnation, and the inflation gets worse. Policy makers find themselves in the predicament of a motorist trying to execute a three-point turn in a too-narrow roadway: They can never back up or advance far enough to make any progress.

...

Ultimately, the end of the crisis will depend on the actions of hundreds of millions of people across dozens of trading nations. Only if and when they recover their trust in the United States will the U.S. and world economies fully recover from the breach of trust Trump has created. How long will it take? No one knows.
As a businessman, Trump was notorious for operating in bad faith. He has been accused of deceiving customers, employees, investors, and creditors. Before he pivoted to politics, his bank of choice was one known for its relationship with Russian oligarchs and alleged money launderers. He repeatedly drove his properties into bankruptcy, leaving creditors, investors, and employees to bear the costs of his failure.

...



https://www.theatlantic.com/magazine/archive/2025/06/trump-economy-tariffs-stagflation/682572/

[velik_m]

Shein Hikes US Prices as Much as 377% Ahead of Tariff Increases

Fast-fashion giant Shein Group Ltd. raised US prices of its products from dresses to kitchenware ahead of imminent tariffs on small parcels, in an early sign of the potential effect of the trade war on American consumers.

Most of the hikes in US prices came on Friday, with markups significantly higher in some categories than others, according to data compiled by Bloomberg News. The average price for the top 100 products in the beauty and health category increased by 51% from Thursday, with several of the items more than doubling in price. For home and kitchen products and toys, the average jump was more than 30%, led by a massive 377% increase in the price of a 10-piece set of kitchen towels. For women’s clothing the rise was 8%.
...



https://www.bloomberg.com/news/articles/2025-04-27/shein-hikes-us-prices-as-much-as-377-ahead-of-tariff-increases

[Winehole23]

https://cdn.bsky.app/img/feed_fullsize/plain/did:plc:z6rujpf4u56jfie7aqic2nfg/bafkreifuuq3jokfeh4cyliduaohabvxuc6fi5n2t5yaoge6ny extkru7xm@jpeg

[velik_m]

USA Unable to Make Drones Without Components From China

...
Primarily, this concerns components, a significant portion of which are manufactured in China and supplied to the U.S. both directly and through intermediary supply chains.

China currently controls close to 90 percent of the global commercial drone market, according to market research firm Drone Industry Insights UG.

Additionally, it is in China where key drone components are produced, such as airframes, batteries, radios, cameras, and screens. Due to mass production and availability, these components are highly competitive, making it difficult to create an effective alternative at the moment.

Equally important is the cost of Chinese components, which is significantly lower than that of similar products from the U.S. or European countries.

It is driving the growth of global demand, including among the armed forces of countries that actively use products by DJI.
...



https://militarnyi.com/en/news/usa-unable-to-make-drones-without-components-from-china/

[sickdsm]

https://www.bloomberg.com/news/articles/2025-04-27/shein-hikes-us-prices-as-much-as-377-ahead-of-tariff-increases

I ordered some stuff from AliExpress last Sunday. One of the things was a smartwatch. I paid $21 with free shipping for it.

https://a.aliexpress.com/_mKalhB9

Just going to use it for sleep monitoring but I've ordered enough stuff to be able to sort through what's junk and what's worthwhile. It's now a $76 watch as of today. That's still no where near cheap enough to build them there IMO.

[Winehole23]

rare earths shortages will hit electronics and defense if stockpiles are depleted



https://cdn.bsky.app/img/feed_fullsize/plain/did:plc:qg6aj2ryckff6areegodnkws/bafkreidkqacxzmhtsli5fiyqft4srvuns66zi2qdidbqoc6kv 5r22y36oe@jpeg

[Thread]

rare earths shortages will hit electronics and defense if stockpiles are depleted



https://cdn.bsky.app/img/feed_fullsize/plain/did:plc:qg6aj2ryckff6areegodnkws/bafkreidkqacxzmhtsli5fiyqft4srvuns66zi2qdidbqoc6kv 5r22y36oe@jpeg

Then work thru it...and get the monkey offin' our back for good. Whatever it takes.

Has the old man fixed that Electrical shortage up on the Canadian border where they were selling us Electricity all these years?

I doubt it, otherwise we'd a heard about it. That's despicable of Trump not to fix that on-the-spot.

[Winehole23]

those material inputs are now ~140% cheaper

to every country in the world but the US

thanks, Trump

[sickdsm]

those material inputs are now ~140% cheaper

to every country in the world but the US

thanks, Trump

Sounds like you're very concerned with every country being on a level playing field.

[Winehole23]

Sounds like you're very concerned with every country being on a level playing field.I don't this has anything to do with that. Insisting on a 50/50 balance of trade equilibrium is absurd and arbitrary because of comparative advantage.

E.g., the US can't grow more bananas and Guatemala doesn't have enough of anything else we want to make up for the loss of highly tariffed banana imports to the US, in order to buy even more shit from us.

[Winehole23]

(I've heard constructing prisons and concentration camps for the US is a growth industry, maybe Guatemala could suck up to Trump that way)

[Thread]

those material inputs are now ~140% cheaper

to every country in the world but the US

thanks, Trump

Perot warned us repeatedly & at length about NAFTA & the great sucking sound that would follow in. Clinton whistled past that graveyard, so did Bush2 and the Magic Negro.

Only the old man has met it on the square.

[Thread]

(I've heard constructing prisons and concentration camps for the US is a growth industry, maybe Guatemala could suck up to Trump that way)

Whatever it takes.

[Winehole23]

This article suggests Trump's new import taxes would be unable to fund more than a few weeks of government, even if they successfully drive down the US trade deficit


The Trump administration wants higher import tariffs to cut the US trade deficit and to raise revenues for the federal government. As you might surmise, there is a tension between these two objectives: the more successful tariffs are at cutting total imports the fewer foreign goods there are to tax.https://cepr.org/voxeu/columns/tariffs-cannot-fund-government-evidence-tariff-laffer-curves

[Winehole23]

Japan will seek full removal of additional tariffs imposed by U.S. President Donald Trump, its top negotiator Ryosei Akazawa said on Tuesday, ahead of his scheduled three-day visit to Washington.

[Winehole23]

robbing Peter to pay Paul


https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:t6ubj2wlhc34awzcymh3qpur/bafkreiblzfzz7kq3evmsy7bubbmrxysf5456a27edlqn4536b b3sjxgixe@jpeg

[Winehole23]

“We’ve got a huge problem ahead of us going into next year,” said [the president ]of the National Fireworks Association.“This season is when Chinese manufacturers would be manufacturing our products right now for 2026, for the 250th. Very little production is happening. They have halted it.”https://www.washingtonpost.com/business/2025/04/27/trump-tariffs-us-economy/

[TSA]

cool story, bro

https://x.com/RapidResponse47/status/1916839197840679335

[ChumpDumper]

Foxconn pledged $10 billion.

Pledging is easy.

We just have to wait to see the actual effects.

[velik_m]

China rejects Trump’s claim that Xi has called him by phone

Chinese leader Xi Jinping has not spoken to US President Donald Trump on the phone recently, Beijing said Monday, reiterating that no talks are taking place between the two countries to resolve their tariff war.

The statement from a Chinese Ministry of Foreign Affairs spokesperson is an outright rejection of Trump’s claim in an interview with Time magazine last week that Xi had called him, as the world’s two largest economies remain locked in a dispute over sky-high trade levies.

“As far as I know, there has been no recent phone call between the two heads of state,” Guo Jiakun told a regular news conference. “I want to reiterate that China and the United States are not engaged in consultations or negotiations on the tariff issue.”

China has maintained its tough public stance on the trade war even as Trump softened his tone last week, saying that astronomical US tariffs on Chinese goods will “come down substantially” and promising to be “very nice” at the negotiating table as he attempts to get Xi to initiate talks.

...


https://edition.cnn.com/2025/04/28/china/china-rejects-trump-claim-xi-call-intl-hnk/index.html

[velik_m]

Agriculture isn’t nearing trade war tariffs crisis, ‘it is full blown crisis already’ farmers say

...
A wood pulp and paperboard exporter reported to the trade group the immediate cancellation or hold of 6,400 metric tons in a warehouse and a hold of 15 railcars sitting in what is known in the supply chain as “demurrage,” when fees are charged for delayed movement of goods. Meanwhile, the exporter said there are 9,000 metric tons on the water to China expected to arrive on May 13 and facing the threat of costly diversion to Chinese bonded warehouses or to other countries as Chinese buyers may refuse the cargo and abandon it at port.

One grass seed exporter told AgTC it received two weeks notice that eight loads were being canceled by Chinese customers despite vessels bookings already being in place.

At a recent stakeholder meeting at the Port of Oakland headquarters regarding tariff impacts, Port of Oakland Executive Director Kristi McKenney warned that a tariff-induced downturn in the port’s cargo volume — whether from import slowdowns or retaliatory export losses — ultimately could jeopardize job stability and the region’s economic health.
...

“What we’ve seen in the last two weeks is a continued correction in booking demand for U.S. imports, especially U.S. imports from China,” said Ben Tracy, vice president of strategic business development at Vizion. “We are now seeing this translate to a drop in departures as well,” he added.

A hay exporter in Central Washington that sends a large amount of its crop output to Hong Kong and mainland China was told to reroute most of the exports shipped in the past two weeks to Japan, Dubai, Taiwan, and a few Chinese ports. Those changes came a cost to the company, and it told the AgTC, “it’s not sustainable, no one can replace all the volume that China buys.”

The hay exporter immediately put a stop on all orders in process, and has begun layoffs.



https://www.cnbc.com/2025/04/28/trade-war-tariffs-full-blown-crisis-us-farm-exporters-say.html

[TSA]

"“I want to reiterate that China and the United States are not engaged in consultations or negotiations on the tariff issue.”https://edition.cnn.com/2025/04/28/china/china-rejects-trump-claim-xi-call-intl-hnk/index.html

https://www.joongang.co.kr/article/25331291

According to an overnight report in The JoongAng, one of the three biggest newspapers in South Korea, and the newspaper of record for South Korea, it was "confirmed that the United States and China have begun behind-the-scenes contacts in relation to the 'tariff war' waged by US President Donald Trump."

Again, as noted above, after Trump said he had been in contact with China every day, the Chinese side, through a Foreign Ministry spokesperson briefing, said that Trump was effectively lying: "we have never had any consultations or negotiations with the United States, and (the related remarks) are all fake news.” The Chinese Ministry of Commerce also denied this, saying, “Economic and trade negotiations (with the United States) are not underway.”

However, in its overnight report, JoongAng Ilbo confirmed that at around 7 am ET on the 24th, a high-ranking official from the Chinese Ministry of Finance entered the Treasury building located right next to the White House in Washington D.C. accompanied by about 10 attendants.

The 'Treasury Department Meeting' between the US and China on this day began at around 7:00 AM, about an hour before Deputy Prime Minister Choi and Minister of Trade, Industry and Energy Ahn Duck-keun began the '2+2 Trade Consultation' with US Treasury Secretary Scott Besent and US Trade Representative (USTR) Jamison Greer. As a result, the Korea-US tariff negotiations were conducted following the US-China backroom contacts.

A diplomatic source told JoongAng Ilbo, “The fact that the treasury channels of both the U.S. and China are actually operating means that both countries have reached a critical point under domestic and international pressure due to the current retaliatory tariffs,” and predicted that “the results of the backroom negotiations between the two sides could be a major turning point in the tariff war.”

As for why China has been extremely secretive about the process, the source told the South Korean outlet that “since this tariff war is unfolding as a battle of pride with the leaders of both countries directly appearing, it may not be easy to create some kind of ‘win-win structure." He added that "the fact that China visited the U.S. Treasury Department in person could be an extremely sensitive issue for China."

https://www.zerohedge.com/markets/chinese-delegation-spotted-entering-treasury-department-demands-photos-be-deleted-report


China Quietly Exempts Some U.S.-Made Products From Tariffs
Beijing has been canvassing companies and waiving duties on U.S. goods in sectors where it lacks alternatives
https://www.wsj.com/economy/trade/china-quietly-exempts-some-u-s-made-products-from-tariffs-b7bc033c

China Has Exempted Some American Imports From Levies
https://www.wsj.com/livecoverage/stock-market-today-tariffs-trade-war-04-28-2025/card/china-has-exempted-some-american-imports-from-levies-30Nb7xshpNMBLhxPOvr9

[ChumpDumper]

:lol secret negotiations

:lol anonymous sauces

[Thread]

https://www.joongang.co.kr/article/25331291

According to an overnight report in The JoongAng, one of the three biggest newspapers in South Korea, and the newspaper of record for South Korea, it was "confirmed that the United States and China have begun behind-the-scenes contacts in relation to the 'tariff war' waged by US President Donald Trump."

Again, as noted above, after Trump said he had been in contact with China every day, the Chinese side, through a Foreign Ministry spokesperson briefing, said that Trump was effectively lying: "we have never had any consultations or negotiations with the United States, and (the related remarks) are all fake news.” The Chinese Ministry of Commerce also denied this, saying, “Economic and trade negotiations (with the United States) are not underway.”

However, in its overnight report, JoongAng Ilbo confirmed that at around 7 am ET on the 24th, a high-ranking official from the Chinese Ministry of Finance entered the Treasury building located right next to the White House in Washington D.C. accompanied by about 10 attendants.

The 'Treasury Department Meeting' between the US and China on this day began at around 7:00 AM, about an hour before Deputy Prime Minister Choi and Minister of Trade, Industry and Energy Ahn Duck-keun began the '2+2 Trade Consultation' with US Treasury Secretary Scott Besent and US Trade Representative (USTR) Jamison Greer. As a result, the Korea-US tariff negotiations were conducted following the US-China backroom contacts.

A diplomatic source told JoongAng Ilbo, “The fact that the treasury channels of both the U.S. and China are actually operating means that both countries have reached a critical point under domestic and international pressure due to the current retaliatory tariffs,” and predicted that “the results of the backroom negotiations between the two sides could be a major turning point in the tariff war.”

As for why China has been extremely secretive about the process, the source told the South Korean outlet that “since this tariff war is unfolding as a battle of pride with the leaders of both countries directly appearing, it may not be easy to create some kind of ‘win-win structure." He added that "the fact that China visited the U.S. Treasury Department in person could be an extremely sensitive issue for China."

https://www.zerohedge.com/markets/chinese-delegation-spotted-entering-treasury-department-demands-photos-be-deleted-report


China Quietly Exempts Some U.S.-Made Products From Tariffs
Beijing has been canvassing companies and waiving duties on U.S. goods in sectors where it lacks alternatives
https://www.wsj.com/economy/trade/china-quietly-exempts-some-u-s-made-products-from-tariffs-b7bc033c

China Has Exempted Some American Imports From Levies
https://www.wsj.com/livecoverage/stock-market-today-tariffs-trade-war-04-28-2025/card/china-has-exempted-some-american-imports-from-levies-30Nb7xshpNMBLhxPOvr9

T S A

[Blake]

robbing Peter to pay Paul


https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:t6ubj2wlhc34awzcymh3qpur/bafkreiblzfzz7kq3evmsy7bubbmrxysf5456a27edlqn4536b b3sjxgixe@jpeg

Socialism in action

[Blake]

:lol secret negotiations

:lol anonymous sauces

:lol

[Blake]

https://x.com/RapidResponse47/status/1916839197840679335

"..."While we believe IBM will continue to invest in the emerging area of quantum technology, the bombastic figure is more likely a gesture towards the U.S. administration," said D.A. Davidson analyst Gil Luria, noting that Big Tech was using the investment pledges as a shield against trade conflicts...."

https://www.reuters.com/business/ibm-invest-150-billion-us-over-next-five-years-2025-04-28/

Sounds about right

[SnakeBoy]

We just have to wait to see the actual effects.

lol you meltdown hourly

[Thread]

lol you meltdown hourly

...The Winester as well. Even the bum called me everything but a White man over on an NBA thread last night. Called me a Nazi, and he was serious.

[TSA]

rare earths shortages will hit electronics and defense if stockpiles are depleted



https://cdn.bsky.app/img/feed_fullsize/plain/did:plc:qg6aj2ryckff6areegodnkws/bafkreidkqacxzmhtsli5fiyqft4srvuns66zi2qdidbqoc6kv 5r22y36oe@jpeg

The US oversees a peace pledge for east Congo, hoping to ease its access to critical minerals
https://apnews.com/article/rubio-congo-rwanda-conflict-minerals-trump-11f6dd0a8612734fc8e074da81e9d8cf

https://x.com/RodDMartin/status/1916915434441379893

https://x.com/RodDMartin/status/1916916355158446312



US and Ukraine Inch Closer to Signing Minerals Deal
https://www.ft.com/content/fd812d3e-4fac-486c-9bc0-a23b8a6eb8cd

[Blake]

The US oversees a peace pledge for east Congo, hoping to ease its access to critical minerals
https://apnews.com/article/rubio-congo-rwanda-conflict-minerals-trump-11f6dd0a8612734fc8e074da81e9d8cf

https://x.com/RodDMartin/status/1916915434441379893

https://x.com/RodDMartin/status/1916916355158446312



US and Ukraine Inch Closer to Signing Minerals Deal
https://www.ft.com/content/fd812d3e-4fac-486c-9bc0-a23b8a6eb8cd


"...US President Donald Trump on Friday said Ukraine has not yet signed a deal on rare earth minerals and he hopes it will be signed immediately.

“Ukraine, headed by Volodymyr Zelenskyy, has not signed the final papers on the very important rare earths deal with the United States. It is at least three weeks late. Hopefully, it will be signed IMMEDIATELY. Work on the overall peace deal between Russia and Ukraine is going smoothly,” he said in a Truth Social post....."

https://www.kitco.com/news/off-the-wire/2025-04-28/trump-says-ukraine-has-not-signed-minerals-deal

Lol Trump

[Winehole23]

(Heart of Darkness vibe)

[ChumpDumper]

lol you meltdown hourly
:lol you shut the fuck up every time I ask you a simple question

[ChumpDumper]

The US oversees a peace pledge for east Congo, hoping to ease its access to critical minerals
https://apnews.com/article/rubio-congo-rwanda-conflict-minerals-trump-11f6dd0a8612734fc8e074da81e9d8cf

https://x.com/RodDMartin/status/1916915434441379893

https://x.com/RodDMartin/status/1916916355158446312



US and Ukraine Inch Closer to Signing Minerals Deal
https://www.ft.com/content/fd812d3e-4fac-486c-9bc0-a23b8a6eb8cd

Won't that lead to a trade deficit with Congo?

[Thread]

Won't that lead to a trade deficit with Congo?

Dumper: once a shit hole...always a shit hole.

[sickdsm]

Socialism in action
You prefer higher grocery bills or do you grow your own food?


Which is it cuck?


Farmer welfare good a couple months ago?

[sickdsm]

https://www.cnbc.com/2025/04/28/trade-war-tariffs-full-blown-crisis-us-farm-exporters-say.html


You have to take it with a grain of salt what your seeing on the news about ag. Take this example. CNN had a South Dakota rancher on that was saying that Trump's tarriff's immediately are below break even though cattle are at record prices and climbing.
https://x.com/krassenstein/status/1912869339985780870

Not only if this fake but CNN doesn't bother to check it.

Hay exporters typically shoot for the middle east countries because that's where they can't grow alfalfa very well, they love horse, and money is no object.

China is the lesser of destinations.

[z0sa]

Volume =/= supply. Just because your cattle are super amazing, doesn't mean there's a market for all of them. In fact, shittier cattle might do better.

It's called a race to the bottom. Republicans who are so economically woke haven't ever heard of it.

[sickdsm]

Volume =/= supply. Just because your cattle are super amazing, doesn't mean there's a market for all of them. In fact, shittier cattle might do better.

It's called a race to the bottom. Republicans who are so economically woke haven't ever heard of it.


How do you see beef as a race to the bottom?

[z0sa]

How do you see beef as a race to the bottom?

People will buy what they can afford - either you lower your prices (relatively) for USDA prime in order to move your product (as an example), or you profit selling higher amounts but lower qualities of meat. Not sure how this is confusing, tbh. It supply and demand, a conservative stalwart.

[sickdsm]

People will buy what they can afford - either you lower your prices (relatively) for USDA prime in order to move your product (as an example), or you profit selling higher amounts but lower qualities of meat. Not sure how this is confusing, tbh. It supply and demand, a conservative stalwart.

No. Domestic supplies will continue to dwindle (Cow/calf is lots of hard work that doesn't do well in confinement)

Beef is the superior meat. Even the choice of the poor (hamburger)

As much as i love cooking with chicken no other meat comes close.

Go eat porkchops or tilapia instead. You can go from fish/goat/pork to steak but you never go back.

[z0sa]

No. Domestic supplies will continue to dwindle (Cow/calf is lots of hard work that doesn't do well in confinement)

Beef is the superior meat. Even the choice of the poor (hamburger)

As much as i love cooking with chicken no other meat comes close.

Go eat porkchops or tilapia instead. You can go from fish/goat/pork to steak but you never go back.

:lol My kids or I don't have to go without, though you should really eat pork and tilapia for your vitamins/CV health.

Problem is the rest of these people who suddenly can barely afford hamburger. They ain't gonna be buying USDA prime, dude. Doesn't matter if it's the silkiest, juiciest steak there is. Won't move in appreciable amounts to offset you butchering your cows.

[sickdsm]

:lol My kids or I don't have to go without, though you should really eat pork and tilapia for your vitamins/CV health.

Problem is the rest of these people who suddenly can barely afford hamburger. They ain't gonna be buying USDA prime, dude. Doesn't matter if it's the silkiest, juiciest steak there is. Won't move in appreciable amounts to offset you butchering your cows.

Not an issue. The trainwreck of domestic cattle numbers have been trending down for awhile. You think you're the only one that thinks they are immune to high prices, they'll eat what they want? That's why beef is high.

Butcher cows don't make steak, that's your shitty hamburger. The cattle guys don't care if the market moves higher, they are still quitting because they are wore out and the younger guys aren't stepping in even with the high prices.

[ChumpDumper]

Not an issue. The trainwreck of domestic cattle numbers have been trending down for awhile. You think you're the only one that thinks they are immune to high prices, they'll eat what they want? That's why beef is high.

Butcher cows don't make steak, that's your shitty hamburger. The cattle guys don't care if the market moves higher, they are still quitting because they are wore out and the younger guys aren't stepping in even with the high prices.

I bet immigrants would do it.

[z0sa]

Not an issue. The trainwreck of domestic cattle numbers have been trending down for awhile. You think you're the only one that thinks they are immune to high prices, they'll eat what they want? That's why beef is high.

Butcher cows don't make steak, that's your shitty hamburger. The cattle guys don't care if the market moves higher, they are still quitting because they are wore out and the younger guys aren't stepping in even with the high prices.

Did you know there's different cuts of beef? That the same cow that provides the little people with a hamburger, might also provide you a delicious high quality prime rib? You don't brain a cow and not use every single part and stay profitable. I wonder if you're aware of the cattle game as extensively as you believe you are.

[ChumpDumper]

Did you know there's different cuts of beef?
AI confirmed.

[sickdsm]

Did you know there's different cuts of beef? That the same cow that provides the little people with a hamburger, might also provide you a delicious high quality prime rib? You don't brain a cow and not use every single part and stay profitable. I wonder if you're aware of the cattle game as extensively as you believe you are.

Do you have any idea what a butcher cow is? It's referring to a cow that's sold after she's outlasted her calving career. Usually she is loosing teeth or they are gone. Lot of times when cattle weren't worth much it was run her another 5 years until she dies. You absolutely can cut her up into different cuts, only she won't make very good steak. Very tough. Certainly not a Prime grade like you some how think comes from every animal. That would come from what is referred to as a fat or fat cattle. They are only about two years old. Typically one that has been on a feedlot so as to get good fat and marbling intact.

[sickdsm]

AI confirmed.

It's funny because it's like a double dipshit with you quoting him.

[sickdsm]

I bet immigrants would do it.

Yeah they do, H2A all the time. But the land costs are huge, there is still much better return. Guys still don't find the payback worthwhile.

[ChumpDumper]

It's funny because it's like a double dipshit with you quoting him.Like your quoting AI tbh.

[velik_m]

The US oversees a peace pledge for east Congo, hoping to ease its access to critical minerals
https://apnews.com/article/rubio-congo-rwanda-conflict-minerals-trump-11f6dd0a8612734fc8e074da81e9d8cf

https://x.com/RodDMartin/status/1916915434441379893

https://x.com/RodDMartin/status/1916916355158446312



US and Ukraine Inch Closer to Signing Minerals Deal
https://www.ft.com/content/fd812d3e-4fac-486c-9bc0-a23b8a6eb8cd

So as soon as USA "secures" the region that is in conflict for the past 30 years - for a country that has currently no control over it - the USA will profit from it. Trump really outmaneuvered China on this one. Got concepts of the new source of rare earth minerals some time in the future, maybe. The art of the deal.

[ChumpDumper]

Boots on the ground for King Leopold.

[Thread]

So as soon as USA "secures" the region that is in conflict for the past 30 years - for a country that has currently no control over it - the USA will profit from it. Trump really outmaneuvered China on this one. Got concepts of the new source of rare earth minerals some time in the future, maybe. The art of the deal.

Little v? That you?

WTF!!!

[z0sa]

Do you have any idea what a butcher cow is? It's referring to a cow that's sold after she's outlasted her calving career. Usually she is loosing teeth or they are gone. Lot of times when cattle weren't worth much it was run her another 5 years until she dies. You absolutely can cut her up into different cuts, only she won't make very good steak. Very tough. Certainly not a Prime grade like you some how think comes from every animal. That would come from what is referred to as a fat or fat cattle. They are only about two years old. Typically one that has been on a feedlot so as to get good fat and marbling intact.

I said butchering your cows :lol clearly referencing high quality being butchered requiring a certain amount of revenue to break even.

Jesus christ.

[z0sa]

:lol just another fool thinking I, IIIII, can be outpriced by fucking cattle makes me laugh. I could have prime steaks every night if I felt like dying from a coronary anytime soon. It's a typical republican move - you can't understand someone with much more money and assets than you disagreeing with your incredibly inane arguments. Nah dude, I want stability. That's what any business owner, including farmers, wants. Deal with it.

[z0sa]

AI confirmed.

Ah, I wish I could AI this and not feel guilty. Can't do it. Y'all taught me too well.

No, legit. ST helped me become successful. In a big way. Not directly, but as a public unmoderated (for the most part) forum that let shit arguments be owned. I learned a lot, got a lot of yall including you to thank.

[Winehole23]

undisclosed carve outs for personal supplicants to Trump


President Donald Trump has brokered a deal to soften auto tariffs ahead of the president's visit to Michigan on Tuesday, U.S. Commerce Secretary Howard Lutnick said Monday.


“President Trump is building an important partnership with both the domestic automakers and our great American workers," Lutnick said in a statement sent by the White House. "This deal is a major victory for the president’s trade policy by rewarding companies who manufacture domestically, while providing runway to manufacturers who have expressed their commitment to invest in America and expand their domestic manufacturing.”
Details weren't disclosed
https://www.detroitnews.com/story/business/autos/2025/04/28/auto-tariffs-easing-trump/83336327007/

[Winehole23]

tariffs will inflate the cost of industrial inputs, making US exports less competitive abroad

even in the 18th century, mercantilist powers knew to tariff finished goods rather than industrial inputs


https://pbs.twimg.com/media/Gpoda3mXoAAeDwO?format=png&name=small

[Winehole23]

https://pbs.twimg.com/media/GpodCt_WYAAA5Ce?format=png&name=small

[velik_m]

UPS to cut 20,000 jobs on likely lower Amazon shipments, profit beats estimates

(Reuters) -United Parcel Service's (UPS) first-quarter profit beat market estimates and the parcel delivery giant said it will cut 20,000 jobs to lower costs in an uncertain economy and in anticipation of weak volumes from its largest customer, Amazon (AMZN).

...

Extensive tariffs by U.S. President Donald Trump have slowed down trade and led companies to reduce costs in anticipation of a demand hit. For parcel delivery firms, the slowdown is likely to reduce the need for shipping services between companies.

"The actions we are taking to reconfigure our network and reduce cost across our business could not be timelier," CEO Carol Tome said.

UPS said it was not providing any updates to its full-year outlook due to the economic uncertainty even as it lowers costs through jobs cuts, warehouse closures, increased automation and asset sales.

...


https://finance.yahoo.com/news/ups-reports-fall-first-quarter-101325659.html

[Winehole23]

Factory Trump visited in 2017 after his first hundred days is now in China

https://www.bloomberg.com/news/articles/2025-04-29/made-in-usa-wheelbarrows-promoted-by-trump-are-now-made-in-china

[Winehole23]

:lmao

tariffs are a hostile and political action too


"This is a hostile and political action by Amazon," White House press secretary Katherine Leavitt says of the e-commerce giant's plan to display how much of an item's cost is derived from Trump tariffs. She adds it's not a surprise because "Amazon has partnered with a Chinese propaganda arm."

[Winehole23]

wouldn't be at all surprised to see Trumplandia impose price controls to fade the heat at some point

[Winehole23]

"showing people how much tariffs inflate their bottom line is hostile and political"

[Blake]

Which is it cuck?


Farmer welfare good a couple months ago?

I've always been fine with it in emergency situations, genius. You guys are the ones flip flopping in the wind.

And this never had to be an emergency to begin with.

[TSA]

https://www.joongang.co.kr/article/25331291

According to an overnight report in The JoongAng, one of the three biggest newspapers in South Korea, and the newspaper of record for South Korea, it was "confirmed that the United States and China have begun behind-the-scenes contacts in relation to the 'tariff war' waged by US President Donald Trump."

Again, as noted above, after Trump said he had been in contact with China every day, the Chinese side, through a Foreign Ministry spokesperson briefing, said that Trump was effectively lying: "we have never had any consultations or negotiations with the United States, and (the related remarks) are all fake news.” The Chinese Ministry of Commerce also denied this, saying, “Economic and trade negotiations (with the United States) are not underway.”

However, in its overnight report, JoongAng Ilbo confirmed that at around 7 am ET on the 24th, a high-ranking official from the Chinese Ministry of Finance entered the Treasury building located right next to the White House in Washington D.C. accompanied by about 10 attendants.

The 'Treasury Department Meeting' between the US and China on this day began at around 7:00 AM, about an hour before Deputy Prime Minister Choi and Minister of Trade, Industry and Energy Ahn Duck-keun began the '2+2 Trade Consultation' with US Treasury Secretary Scott Besent and US Trade Representative (USTR) Jamison Greer. As a result, the Korea-US tariff negotiations were conducted following the US-China backroom contacts.

A diplomatic source told JoongAng Ilbo, “The fact that the treasury channels of both the U.S. and China are actually operating means that both countries have reached a critical point under domestic and international pressure due to the current retaliatory tariffs,” and predicted that “the results of the backroom negotiations between the two sides could be a major turning point in the tariff war.”

As for why China has been extremely secretive about the process, the source told the South Korean outlet that “since this tariff war is unfolding as a battle of pride with the leaders of both countries directly appearing, it may not be easy to create some kind of ‘win-win structure." He added that "the fact that China visited the U.S. Treasury Department in person could be an extremely sensitive issue for China."

https://www.zerohedge.com/markets/chinese-delegation-spotted-entering-treasury-department-demands-photos-be-deleted-report


China Quietly Exempts Some U.S.-Made Products From Tariffs
Beijing has been canvassing companies and waiving duties on U.S. goods in sectors where it lacks alternatives
https://www.wsj.com/economy/trade/china-quietly-exempts-some-u-s-made-products-from-tariffs-b7bc033c

China Has Exempted Some American Imports From Levies
https://www.wsj.com/livecoverage/stock-market-today-tariffs-trade-war-04-28-2025/card/china-has-exempted-some-american-imports-from-levies-30Nb7xshpNMBLhxPOvr9

SINGAPORE, April 29 (Reuters) - China has waived the 125% tariff on ethane imports from the United States imposed earlier this month, two sources with knowledge of the matter said on Tuesday, among a group of products that have been granted exemptions.
The move will ease pressure on Chinese firms that import U.S. ethane for petrochemical production as well as provide an outlet for the natural gas liquid, a byproduct of U.S. shale gas production.

https://www.reuters.com/business/energy/china-waives-tariffs-us-ethane-imports-sources-say-2025-04-29/

[ChumpDumper]

SINGAPORE, April 29 (Reuters) - China has waived the 125% tariff on ethane imports from the United States imposed earlier this month, two sources with knowledge of the matter said on Tuesday, among a group of products that have been granted exemptions.
The move will ease pressure on Chinese firms that import U.S. ethane for petrochemical production as well as provide an outlet for the natural gas liquid, a byproduct of U.S. shale gas production.

https://www.reuters.com/business/energy/china-waives-tariffs-us-ethane-imports-sources-say-2025-04-29/

What is the goal of the tariffs?

[SnakeBoy]

What is the goal of the tariffs?

You still don't know :lol

[velik_m]

Oil industry that Trump wants to ‘drill, baby, drill’ has taken a beating since he took office

President Donald Trump wants the oil and gas industry to “drill, baby, drill” in pursuit of his energy dominance agenda, but the companies involved in the actual drilling and servicing of wells have instead taken a beating during his first 100 days in office.

U.S. crude oil prices have fallen below $65 per barrel, down more than 20% since Trump’s second term began, making it unprofitable for many companies to boost production, according to a survey by the Federal Reserve Bank of Dallas.

Executives on the frontline of the U.S. shale oil boom were scathing in their criticism of Trump’s policies in anonymous responses to that same survey. They used the word “uncertainty” in their comments more than in any quarter since the start of the Covid-19 pandemic five years ago, according to Mason Hamilton, vice president of economics and research at the American Petroleum Institute.

...

The North American petroleum market faces more downside risk than the rest of the world because onshore oil production in the U.S. is more sensitive to commodity prices, the SLB CEO said.

Baker Hughes forecasts global upstream investment in exploration and production will decline by high-single digits this year compared to 2024, with spending in North America falling by low double digits, CEO Lorenzo Simonelli told investors on its earnings call, also last week.

“The prospects of an oversupplied oil market, rising tariffs, uncertainty in Mexico and activity weakness in Saudi Arabia are collectively constraining international upstream spending levels,” Simonelli said.

...



https://www.cnbc.com/2025/04/29/oil-companies-that-trump-wants-to-drill-baby-drill-take-a-beating.html

[velik_m]

"showing people how much tariffs inflate their bottom line is hostile and political"

Amazon says displaying tariff cost ‘not going to happen’ after White House blowback (https://www.cnbc.com/2025/04/29/amazon-considers-displaying-tariff-surcharge-on-low-cost-haul-products.html)

[SnakeBoy]

https://www.cnbc.com/2025/04/29/oil-companies-that-trump-wants-to-drill-baby-drill-take-a-beating.html

They're missing those Biden prices

Poor fellas

[Thread]

https://www.cnbc.com/2025/04/29/oil-companies-that-trump-wants-to-drill-baby-drill-take-a-beating.html


I'm at $2.19 here in Sun City, Arizona.

[ChumpDumper]

You still don't know :lol
You don't either :lol

[ChumpDumper]

Is this what the tariffs are for?

1917286629196136717

https://x.com/MattGertz/status/1917286629196136717

[Winehole23]

Amazon says displaying tariff cost ‘not going to happen’ after White House blowback (https://www.cnbc.com/2025/04/29/amazon-considers-displaying-tariff-surcharge-on-low-cost-haul-products.html)window dressing

everyone knows who's to blame

[Thread]

window dressing

everyone knows who's to blame

Something for you to crow about, Winester...

UPS shit canned a gaggle of loaders/drivers and shut down a number of facilities today.

[sickdsm]

I've always been fine with it in emergency situations, genius. You guys are the ones flip flopping in the wind.

And this never had to be an emergency to begin with.

Once again, who's " you guys"? Farmers? I've never flipped on farmer welfare.

[sickdsm]

I said butchering your cows :lol clearly referencing high quality being butchered requiring a certain amount of revenue to break even.

Jesus christ.

No you questioned and mocked my understanding of the beef industry while you have minimal understanding of the industry. No one that raises beef butchers a cow for their family to eat. It gets sold to people like you while they have a nice steer.

[ChumpDumper]

What are these tariffs for?

President Donald Trump is set to provide tariff relief for carmakers on Tuesday, just weeks after the onset of auto levies triggered warnings of price increases.

An administration official confirmed that the 25% tariff on finished foreign-made cars and parts will remain -- but today's announcement will prevent tariffs from stacking on top of other tariffs he's imposed, such as duties on steel and aluminum.

Trump's 25% tariff on foreign auto parts goes into effect on Saturday and automakers will also be reimbursed for those tariffs up to an amount equal to 3.75% of the value of a U.S.-made car for one year. Reimbursement would fall to 2.5% of the car's value in a second year, and then completely phased out altogether.

https://www.msn.com/en-us/news/politics/trump-to-ease-tariffs-faced-by-us-automakers/ar-AA1DQFGG

[velik_m]

Investors turn to emerging market debt after Trump tariffs hit U.S. Treasurys

Investors have been piling into emerging market bonds as Treasurys’ long-held reputation as a safe haven took a beating following U.S. President Donald Trump’s “reciprocal” tariffs.

Emerging market local currency bond yields slid by 13 basis points between April 2 — when Trump announced the tariffs — and April 25, according to the most recent data provided by JPMorgan. In contrast, the benchmark 10-year Treasury yield rose by more than 7 basis points during the same period.

“We are seeing that pickup into emerging market fixed income assets,” said Brandywine Global Investment Management’s portfolio manager Carol Lye, adding that that Mexico, Brazil and South Africa were some of the countries that could see more demand for their bonds.

As these bonds are priced in the domestic currency, overseas investors’ purchases also increases the demand for the local currency.

“The real yields are still very high. So that premium pays us to be there [emerging markets], and the currencies are also benefiting from that shift out of the dollar story,” Lye said.

...



https://www.cnbc.com/2025/04/30/us-treasurys-selloff-investors-flock-to-emerging-market-bonds.html

[velik_m]

https://x.com/atrupar/status/1917370641184969028

[Thread]

What are these tariffs for?

President Donald Trump is set to provide tariff relief for carmakers on Tuesday, just weeks after the onset of auto levies triggered warnings of price increases.

An administration official confirmed that the 25% tariff on finished foreign-made cars and parts will remain -- but today's announcement will prevent tariffs from stacking on top of other tariffs he's imposed, such as duties on steel and aluminum.

Trump's 25% tariff on foreign auto parts goes into effect on Saturday and automakers will also be reimbursed for those tariffs up to an amount equal to 3.75% of the value of a U.S.-made car for one year. Reimbursement would fall to 2.5% of the car's value in a second year, and then completely phased out altogether.

https://www.msn.com/en-us/news/politics/trump-to-ease-tariffs-faced-by-us-automakers/ar-AA1DQFGG

...revenge.

[Thread]

https://x.com/atrupar/status/1917370641184969028

Bingo! Morning after regrets are immaterial now.

You signed upPERIOD

[velik_m]

Only Teslas Exempt from New Auto Tariffs Thanks to 85% Domestic Content Rule

In a major policy shift, U.S. Commerce Secretary Howard Lutnick announced that vehicles with 85% or more domestic content will be fully exempt from new tariffs on automobiles.

That’s a steep threshold, and as of today, there’s only one automaker that qualifies for the exemption: Tesla.
...



https://fuelarc.com/cars/only-tesla-exempt-from-new-auto-tariffs-thanks-to-85-domestic-content-rule/

[velik_m]

Port of Los Angeles says shipping volume will plummet 35% next week as China tariffs start to bite

...
Shipments from China to the West Coast of the U.S. will plummet next week as the impact of President Donald Trump’s tariffs leads companies to cut their import orders.

Gene Seroka, executive director of the Port of Los Angeles, said Tuesday on CNBC’s “Squawk Box” that he expects incoming cargo volume to slide by more than a third next week compared with the same period in 2024.

“According to our own port optimizer, which measures the loadings in Asia, we’ll be down just a little bit over 35% next week compared to last year. And it’s a precipitous drop in volume with a number of major American retailers stopping all shipments from China based on the tariffs,” Seroka said.
...



https://www.cnbc.com/2025/04/29/port-of-los-angeles-sees-shipping-volume-down-35percent-next-week-as-tariffs-bite.html

[Winehole23]

https://fuelarc.com/cars/only-tesla-exempt-from-new-auto-tariffs-thanks-to-85-domestic-content-rule/wow, a bespoke carve out for Trump's biggest supporter

not even trying to hide the corruption

[velik_m]

U.S. Economy Contracts at 0.3% Rate in First Quarter

The U.S. economy contracted in the first three months of 2025, as businesses rushed to stock up on imports ahead of tariffs and consumers eased their pace of spending.

The Commerce Department said U.S. gross domestic product—the value of all goods and services produced across the economy—fell at a seasonally and inflation adjusted 0.3% annual rate in the first quarter. That was the steepest decline since the first quarter of 2022.

The reading fell short of the 0.4% growth that economists surveyed by The Wall Street Journal expected.

The decline in GDP in the first quarter reflected front-running ahead of tariffs that began to come into effect during the first three months of the year and were dramatically increased in the current, second quarter. Imports rose at a 41.3% pace. Exports rose more slowly, at a 1.8% pace in the first quarter.

Stock futures, which were negative before the report, fell further after the GDP release.
...



https://www.wsj.com/economy/us-gdp-q1-2025-1f82f689

[velik_m]

Trump blames Biden after GDP shrinks in first quarter, says growth will ‘take a while’

...
It was the first quarter of negative growth since Q1 of 2022.

A separate report earlier Wednesday morning showed that private payrolls rose by just 62,000 in April, far below the Dow Jones consensus estimate for an increase of 120,000.

The weak hiring report from ADP marked the smallest gain since July 2024. It also showed a stark drop in payroll growth from the downwardly revised gain of 147,000 in March.

Markets fell sharply at the open after the GDP report and disappointing corporate results.

...
In fact, the latest GDP report showed the personal consumption expenditures price index, the Fed’s preferred inflation measure, sharply increasing by 3.6% in Q1, up from the 2.4% rise in the prior quarter.

Meanwhile, experts have pegged the shrinking payroll numbers and cratering consumer confidence to uncertainty and fear surrounding Trump’s tariff policies.

Trump’s current attempt to shirk responsibility for the economy is a mirror image of his effort to take credit for the stock market when it was on the rise during the Biden administration.
...



https://www.cnbc.com/2025/04/30/trump-gdp-tariffs-biden-overhang.html