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Blake
04-30-2025, 11:28 AM
Once again, who's " you guys"? Farmers? I've never flipped on farmer welfare.
You Trump tards.
Blake
04-30-2025, 11:29 AM
https://x.com/atrupar/status/1917370641184969028
He's got a great point.
US and Ukraine Inch Closer to Signing Minerals Deal
https://www.ft.com/content/fd812d3e-4fac-486c-9bc0-a23b8a6eb8cd
https://x.com/Maks_NAFO_FELLA/status/1917575986469540069
cool story, bro
https://x.com/iAnonPatriot/status/1917565927643586979
https://x.com/bennyjohnson/status/1917619396261847478
Bessent
:bobo
ChumpDumper
04-30-2025, 01:09 PM
TSA is just an establishment bot now.
:bobo
Blake
04-30-2025, 01:12 PM
https://x.com/Maks_NAFO_FELLA/status/1917575986469540069
I thought your team hated Ukraine
Why would anybody plan to move a manufacturing plant which will take years to become operation when tariffs policies are improvised on a day to day basis
https://x.com/RapidResponse47/status/1917608615269261580
I thought your team hated Ukraine
"...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
Lol Blake Cramer
Winehole23
04-30-2025, 01:23 PM
Trumplandia owns the shitty status quo and will receive the backlash for wrecking the US economy with a bone-headed tariff war
Winehole23
04-30-2025, 01:34 PM
Trump wants to limit the number of dolls your kid can have, because America First
"They made a trillion dollars with Biden selling us stuff. Much of it we don't need. Somebody said, 'oh, the shelves are gonna be open.' Well, maybe the children will have two dolls instead of 30 dolls, and maybe the two dolls will cost a couple of bucks more."
Trumplandia owns the shitty status quo and will receive the backlash for wrecking the US economy with a bone-headed tariff war
https://x.com/zerohedge/status/1917613263019192411
https://x.com/zerohedge/status/1917629127206576441
:lol
Winehole23
04-30-2025, 01:36 PM
you gotta admit
Trump changing the growth trajectory of the richest country in the history of civilization in 100 days
is an impressive feat
ChumpDumper
04-30-2025, 01:41 PM
https://x.com/RapidResponse47/status/1917608615269261580
The tariffs are permanent?
ChumpDumper
04-30-2025, 01:51 PM
Have there been doll factory pledges?
1917634685745668399
https://x.com/atrupar/status/1917634685745668399
spurraider21
04-30-2025, 01:53 PM
since you tagged me recently, just going to repeat this
by the way TSA (https://www.spurstalk.com/forums/member.php?u=7640) im not ducking anything. im just not interested in individual stories. for every story about "company moving to US" i can find a story saying "US company laying off workers because of tariffs" or whatever. im not interesting in just posting competing anecdotes. the data will bear things out.
lets see what the job numbers look like in 2Q, 3Q, 4Q of this year. lets see what happens with real wages. GDP. deficit figures. unemployment.
since you tagged me recently, just going to repeat this
I don't look at notifications here so I didn't see your response above until now. Private sector #s in Q1 were great and the Atlanta Fed reversal for Q2 GDP is one of the biggest LOL's I've seen. Real wages up, inflation down, job numbers being revised up (!), unemployment down and steady. You and I both agreed the stock market =/= the economy so I'm also waiting and looking more towards what the future holds/shows. But this is ST and you know how it goes here, I'm just having fun using your quote every time another factory or plant is said to be built or another 100 billion are pledged to develop here in the USA.
Thread
04-30-2025, 02:07 PM
since you tagged me recently, just going to repeat this
Damn, you're touchy, 21.
I don't look at notifications here so I didn't see your response above until now. Private sector #s in Q1 were great and the Atlanta Fed reversal for Q2 GDP is one of the biggest LOL's I've seen. Real wages up, inflation down, job numbers being revised up (!), unemployment down and steady. You and I both agreed the stock market =/= the economy so I'm also waiting and looking more towards what the future holds/shows. But this is ST and you know how it goes here, I'm just having fun using your quote every time another factory or plant is said to be built or another 100 billion are pledged to develop here in the USA.
https://x.com/RealEJAntoni/status/1917624120017146044
ChumpDumper
04-30-2025, 02:31 PM
Time to explode the debt again, I guess.
:bobo
Thread
04-30-2025, 02:32 PM
The tariffs are permanent?
Whatever it takes.
Thread
04-30-2025, 02:33 PM
https://x.com/RealEJAntoni/status/1917624120017146044
Yep, yep!
ChumpDumper
04-30-2025, 06:56 PM
Is this what the tariffs are for?
1917721288149459375
https://x.com/atrupar/status/1917721288149459375
ChumpDumper
04-30-2025, 07:03 PM
Is this what the tariffs are for?
1917702104300257472
https://x.com/atrupar/status/1917702104300257472
Thread
04-30-2025, 07:42 PM
Is this what the tariffs are for?
1917721288149459375
https://x.com/atrupar/status/1917721288149459375
Amen! Do it, old man, DO IT! We built the Alaska Pipe Line upon demand. We built a veritable shit load of desalination plants up and down that Western Seaboard upon demand. Sure, they're sitting idle now, but we built 'em.
Base the companies in Florida, Texas, Pennsylvania, and Phoenix.
Blake
04-30-2025, 07:58 PM
https://x.com/RapidResponse47/status/1917608615269261580
Lol Lutnik
Thread
04-30-2025, 08:04 PM
Lol Lutnik
If we keep our nose to the grindstone (tightly) there is nothing we can't do.
Let us proceed...
velik_m
05-01-2025, 12:26 PM
Weekly jobless claims surge to 241,000, more than expected, in latest sign of economic trouble
Initial unemployment claims posted an unexpected increase last week in a potential trouble sign for the wobbling U.S. economy.
First-time filings for unemployment insurance totaled a seasonally adjusted 241,000 for the week ended April 26, up 18,000 from the prior period and higher than the Dow Jones estimate for 225,000, the Labor Department reported Thursday. This was the highest total since Feb. 22.
Continuing claims, which run a week behind and provide a broader view of layoff trends, rose to 1.92 million, up 83,000 to the highest level since Nov. 13, 2021.
...
https://www.cnbc.com/2025/05/01/weekly-jobless-claims-surge-to-241000.html
Thread
05-01-2025, 12:29 PM
https://www.cnbc.com/2025/05/01/weekly-jobless-claims-surge-to-241000.html
We're way overdo for a recession Little v.
"...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
U.S. and Ukraine sign long-awaited minerals deal to rebuild Kyiv and repay aid
https://www.nbcnews.com/politics/politics-news/us-ukraine-sign-economic-deal-terms-natural-resources-war-torn-country-rcna203963
:lmao Blake Cramer :lmao
Thread
05-01-2025, 12:46 PM
U.S. and Ukraine sign long-awaited minerals deal to rebuild Kyiv and repay aid
https://www.nbcnews.com/politics/politics-news/us-ukraine-sign-economic-deal-terms-natural-resources-war-torn-country-rcna203963
:lmao Blake Cramer :lmao
We should rebuild N. Carolina first.
Why would anybody plan to move a manufacturing plant which will take years to become operation when tariffs policies are improvised on a day to day basis
'Going to build NVIDIA's next gen technology here in US': CEO Jenseng Huang
NVIDIA CEO Jensen Huang on April 30 praised President Trump’s leadership, crediting his policies and support for accelerating U.S. manufacturing. Huang announces that the next generation of NVIDIA technology will be built entirely in the United States, thanks to Trump’s encouragement and pro-growth agenda. "We're going to build NVIDIA's technology, the next generation of that, all here in the United States. Without the President's leadership, his policies, his support, and very importantly his strong encouragement -- manufacturing in the United States wouldn't have accelerated to this pace," Jenseng Huang said.
https://economictimes.indiatimes.com/news/international/world-news/going-to-build-nvidias-next-gen-technology-here-in-us-ceo-jenseng-huang/videoshow/120781449.cms?from=mdr
cool story, bro
ChumpDumper
05-01-2025, 02:26 PM
Biden's CHIPS Act really worked, didn't it?
:bobo
ChumpDumper
05-01-2025, 02:59 PM
Are we going to start making consoles here? Is this what the tariffs are for?
1917944999175455045
https://x.com/PopBase/status/1917944999175455045
https://x.com/sethjlevy/status/1918021826854228050
ChumpDumper
05-01-2025, 03:54 PM
Nice and vague shit.
velik_m
05-01-2025, 03:59 PM
'We don't care': A defiant China looks beyond Trump's America
...
Mr Hu, too, is on the frontline. He sits among rows of snazzy toy jets, squeaking dogs, fluffy stuffed animals, barbies and motorcycle-riding spidermen – a sliver of the $34bn (£25bn) worth of toys China exported in 2024.
About $10bn of it went to the US. But now, these Chinese exports to America face up to 245% tariffs. And US President Donald Trump has made it clear that he blames Beijing in particular for cornering too much of the global market.
But things have changed here since Trump's first trade war against China, which kicked off in 2018. It taught Yiwu a lesson, summed up by Mr Hu: "Other countries have money too!"
That defiance has become a familiar theme in the world's second-biggest economy, which is bracing itself for another turbulent Trump presidency.
Beijing, which has been repeatedly telling the world that the US was bullying countries into trade negotiations, has not backed down yet from the trade war.
The propaganda online has ratcheted up, applauding Chinese innovation and diplomacy in contrast to the uncertainty unleashed by Trump. On the country's highly controlled social media, there are plenty of posts echoing the leadership's promise that China will keep fighting.
And in factories and markets, businessmen and exporters now say they have other alternatives, beyond Trump's America. Mr Hu, for instance, says around 20%-30% of his business came from US buyers. But not anymore.
...
https://www.bbc.com/news/articles/cwy7jdn09lxo
ChumpDumper
05-01-2025, 04:02 PM
The amazing capacity of Trumptards to think the Chinese government is as soft as that of the US....
Blake
05-01-2025, 05:52 PM
U.S. and Ukraine sign long-awaited minerals deal to rebuild Kyiv and repay aid
https://www.nbcnews.com/politics/politics-news/us-ukraine-sign-economic-deal-terms-natural-resources-war-torn-country-rcna203963
:lmao Blake Cramer :lmao
Lol Ukraine good now
Thread
05-01-2025, 07:19 PM
Lol Ukraine good now
No. Ukraine still light 25% & counting.
Thread
05-01-2025, 07:19 PM
The amazing capacity of Trumptards to think the Chinese government is as soft as that of the US....
That's what we're finding out right now, Dumper.
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
China Quietly Exempts About a Quarter of US Imports from Tariffs
https://www.bloomberg.com/news/articles/2025-05-02/china-s-stealth-exemptions-may-amount-to-a-quarter-of-us-imports
ChumpDumper
05-02-2025, 10:24 AM
What is the purpose of the tariffs?
https://x.com/financialjuice/status/1918054322669052084
https://x.com/TheInsiderPaper/status/1918057952852017399
ChumpDumper
05-02-2025, 11:02 AM
https://x.com/financialjuice/status/1918054322669052084
Is this what the tariffs are for?
China Quietly Exempts About a Quarter of US Imports from Tariffs
https://www.bloomberg.com/news/articles/2025-05-02/china-s-stealth-exemptions-may-amount-to-a-quarter-of-us-imports
Beijing Weighs Fentanyl Offer to U.S. to Start Trade Talks
"Chinese leader Xi Jinping’s security czar, Wang Xiaohong, in recent days has been inquiring about what the Trump team wants China to do when it comes to fentanyl."
https://www.wsj.com/world/china/beijing-weighs-fentanyl-offer-to-u-s-to-start-trade-talks-287cf233
WeLL AcKcHyUaLLY, cHiNa IsNt NeGoTiAtInG
Thread
05-02-2025, 12:27 PM
https://x.com/financialjuice/status/1918054322669052084
Excellent!
Blake
05-02-2025, 11:33 PM
https://x.com/financialjuice/status/1918054322669052084
MIGA?
Blake
05-02-2025, 11:36 PM
Beijing Weighs Fentanyl Offer to U.S. to Start Trade Talks
"Chinese leader Xi Jinping’s security czar, Wang Xiaohong, in recent days has been inquiring about what the Trump team wants China to do when it comes to fentanyl."
https://www.wsj.com/world/china/beijing-weighs-fentanyl-offer-to-u-s-to-start-trade-talks-287cf233
WeLL AcKcHyUaLLY, cHiNa IsNt NeGoTiAtInG
"Beijing is “evaluating” an offer from the US to engage in trade negotiations, the Chinese government has said, a week after Donald Trump claimed talks were already under way.
China’s commerce ministry said on Friday: “The US has recently taken the initiative on many occasions to convey information to China through relevant parties, saying it hopes to talk with China.”
https://www.theguardian.com/us-news/2025/may/02/china-evaluating-us-offer-to-engage-in-trade-negotiations
It's Trump with the begging. You're an idiot if you think it's the other way around.
Thread
05-03-2025, 12:09 AM
"Beijing is “evaluating” an offer from the US to engage in trade negotiations, the Chinese government has said, a week after Donald Trump claimed talks were already under way.
China’s commerce ministry said on Friday: “The US has recently taken the initiative on many occasions to convey information to China through relevant parties, saying it hopes to talk with China.”
https://www.theguardian.com/us-news/2025/may/02/china-evaluating-us-offer-to-engage-in-trade-negotiations
It's Trump with the begging. You're an idiot if you think it's the other way around.
"But I'm President...and their not."
velik_m
05-03-2025, 12:16 AM
https://x.com/financialjuice/status/1918054322669052084
That will really blow up the trade deficit with India. I guess it's their turn to "exploit" the USA by manufacturing what Americans want.
Thread
05-03-2025, 12:17 AM
That will really blow up the trade deficit with India. I guess it's their turn to "exploit" the USA by manufacturing what Americans want.
- "Promises, promises."
- Ernie "The Cat" Ladd
SnakeBoy
05-03-2025, 04:39 PM
Hong Kong CNN China appears to have quietly rolled back retaliatory tariffs of 125%, according to details provided to CNN on Friday by three import agencies in the southern technology hub of Shenzhen, as Beijing tries to soften the blow of an ongoing trade war on its all-important tech industry.
Trill Clinton
05-03-2025, 08:39 PM
1918658473807532439
ChumpDumper
05-03-2025, 08:54 PM
:lol my order made on 4/2 got sent back and sat in a warehouse for three weeks then they just said fuck it and put it on a plane.
No price increase from the time of the initial order. If I got it now it would be about 15% more, not 150000000% more like Trump claims.
ChumpDumper
05-04-2025, 07:59 PM
Is this what tariffs are for?
1919171199034171420
https://x.com/RonFilipkowski/status/1919171199034171420
BadMotorscooter
05-05-2025, 12:13 AM
:lol my order made on 4/2 got sent back and sat in a warehouse for three weeks then they just said fuck it and put it on a plane.
No price increase from the time of the initial order. If I got it now it would be about 15% more, not 150000000% more like Trump claims.
sorry this is happening to you, moron.
ChumpDumper
05-05-2025, 02:12 AM
sorry this is happening to you, moron.
No skin off my nose, fortunately. Other business actually dependent on this kind of trade could be fucked. Since you don't do anything at all, you wouldn't know.
Winehole23
05-05-2025, 07:53 AM
https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:z6rujpf4u56jfie7aqic2nfg/bafkreihccxzxq3evwrprqef6s6rkw3rw2y33g3iuiglgqk23g rnd675cuu@jpeg
Winehole23
05-05-2025, 09:37 AM
Is this what tariffs are for?
1919171199034171420
https://x.com/RonFilipkowski/status/1919171199034171420obviously, a very pressing matter of "national security"
https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:4kshoaytrzhgsziro6ywozul/bafkreicpztr3c24sgo5cy7dxxkgivekwy6x6r3uzrks3pwzl5 tmlc7dl4i@jpeg
Winehole23
05-05-2025, 09:38 AM
https://cdn.bsky.app/img/feed_fullsize/plain/did:plc:owqci255xjtol7fm4rosf22l/bafkreibudgytmlobewulwfs5jmfkwosututewugmmdnvoyzzw tmrsqwk6q@jpeg
https://x.com/Gavekal/status/1919296162965619124
ChumpDumper
05-05-2025, 09:57 AM
No shit.
You know where all that shit not being produced isn't going where it would be sold by American companies to Americans?
India offers zero-for-zero tariffs on auto parts, steel from US
https://economictimes.indiatimes.com/news/economy/foreign-trade/india-offers-zero-for-zero-tariffs-on-auto-parts-steel-from-us/articleshow/120904237.cms?from=mdr
ChumpDumper
05-05-2025, 11:08 AM
So free trade with India is the goal?
What about their movies?
velik_m
05-06-2025, 09:47 AM
Trump trade tariffs slump widens to ‘nearly all U.S. exports,’ supply chain data shows
...
The latest trade data shows that a slide in U.S. exports to the world, and China in particular, that began in January now extends to most U.S. ports, according to trade tracker Vizion, which analyzed U.S. export container bookings for the five-week period before President Donald Trump’s tariffs began and the five weeks after the tariffs took effect.
The farming sector has been warning of a “crisis” and ports data is showing more evidence of lack of ability to move product out to global markets. The Port of Portland, Oregon, tops the list with a 51% decrease in exports, while the Port of Tacoma, Washington, a large agricultural export port, has seen a 28% decrease. Tacoma’s top destinations for corn, soybeans and other ag exports include Japan, China and South Korea.
Some ports have only seen a small exports decrease to date, such as the Port of Houston and the Port of Seattle, at 3% and 3.5%, respectively. But what is clear, according to Ben Tracy, vice president of strategic business development at Vizion, “is that nearly all of U.S. exports have taken a hit.”
...
https://www.cnbc.com/2025/05/06/trump-tariffs-hit-us-exports-import-covid-level-event.html
American Manufacturers Overwhelmed With Orders After Trump’s Tariff Crackdown On China
https://dailycaller.com/2025/05/05/american-business-returns-trump-tariffs-china/
Blake
05-06-2025, 10:10 AM
American Manufacturers Overwhelmed With Orders After Trump’s Tariff Crackdown On China
https://dailycaller.com/2025/05/05/american-business-returns-trump-tariffs-china/
When do you start your new job at the factory?
American Manufacturers Overwhelmed With Orders After Trump’s Tariff Crackdown On China
https://dailycaller.com/2025/05/05/american-business-returns-trump-tariffs-china/
Yeah, because we need to center our economy on manufacturing hoist rings and quick release pins and not the service/knowledge economy. Fuck what made this country an economic mega power, right?
Blake
05-06-2025, 11:23 AM
Yeah, because we need to center our economy on manufacturing hoist rings and quick release pins and not the service/knowledge economy. Fuck what made this country an economic mega power, right?
The illegals had been taking all those primo factory jobs!
the :cry muh manufacturing :cry crew's approach to the US economy is to trade Luka for Bronny and then bring back Erick Dampier on a 5 yr/300MM deal.
velik_m
05-06-2025, 12:37 PM
UK and India strike a trade deal amid U.S.-led tariff tensions
The United Kingdom and India struck a bilateral trade agreement Tuesday, lowering tariffs on key exports such as U.K. whisky and cars, amid a global trade war initiated by the United States.
The deal will see India gradually lower taxes on imports from the U.K., with the vast majority of goods traded becoming “fully tariff-free within a decade,” according to the British government.
Exports from the U.K., such as whisky and gin, will see tariffs halved from 150% to 75%, before reducing to 40% within a decade under the agreement. Meanwhile, many automotive tariffs will be cut sharply from over 100% to 10%, the government added.
The trade agreement between India and the U.K. comes at a time of rising trade tensions globally. U.S. President Donald Trump has raised tariffs on imports worldwide, straining relations with allies and adversaries.
...
https://www.cnbc.com/2025/05/06/uk-and-india-strike-a-deal-amid-us-led-trade-tensions.html
UK and India strike a trade deal amid U.S.-led tariff tensions
The United Kingdom and India struck a bilateral trade agreement Tuesday, lowering tariffs on key exports such as U.K. whisky and cars, amid a global trade war initiated by the United States.
The deal will see India gradually lower taxes on imports from the U.K., with the vast majority of goods traded becoming “fully tariff-free within a decade,” according to the British government.
Exports from the U.K., such as whisky and gin, will see tariffs halved from 150% to 75%, before reducing to 40% within a decade under the agreement. Meanwhile, many automotive tariffs will be cut sharply from over 100% to 10%, the government added.
The trade agreement between India and the U.K. comes at a time of rising trade tensions globally. U.S. President Donald Trump has raised tariffs on imports worldwide, straining relations with allies and adversaries.
https://www.cnbc.com/2025/05/06/uk-and-india-strike-a-deal-amid-us-led-trade-tensions.html
India offers zero-for-zero tariffs on auto parts, steel from US
https://economictimes.indiatimes.com/news/economy/foreign-trade/india-offers-zero-for-zero-tariffs-on-auto-parts-steel-from-us/articleshow/120904237.cms?from=mdr
Blake
05-06-2025, 01:42 PM
Making India Great Again
Investors flee to German bonds as Trump tariffs spark Treasury sell-off
...
Germany bucked the trend as its 10-year bund, seen as a benchmark for the euro zone, traded 7 basis points lower.
Shorter-dated bonds in Europe meanwhile rose in value. The yields on 2-year government bonds in France, Italy and Britain were 9, 6, and 4 basis points lower, respectively. The yield on Germany’s 2-year bunds
“One factor people are speculating about on Treasurys is around the ongoing theme of a move away from the U.S. dollar, of it becoming less trusted,” Ken Egan, senior director for sovereigns at credit rating analysis agency KBRA, told CNBC in a call on Wednesday. “If you follow that through, one way that could manifest is structural holders of debt, reserve managers in China, could move away from Treasurys in response to policy moves from the U.S.”
Egan added that secondary investors also appeared to be taking a step back from U.S. Treasurys, typically seen as a traditional safe haven assets, given the volatile geopolitical climate.
“Various forces are at odds, because you have inflationary concerns and a rapid repricing of Treasurys on those, but on the other side you have weak demand and growth, and more rate cuts being priced in,” he told CNBC.
...https://www.cnbc.com/2025/04/09/trump-tariffs-german-bonds-rise-as-us-treasury-yields-sell-off.html
https://x.com/Schuldensuehner/status/1919754231340261448
ChumpDumper
05-06-2025, 02:56 PM
American Manufacturers Overwhelmed With Orders After Trump’s Tariff Crackdown On China
https://dailycaller.com/2025/05/05/american-business-returns-trump-tariffs-china/
“We think we can get extremely close to Asian prices”
Why didn't you do that in the first place?
velik_m
05-06-2025, 03:22 PM
https://www.youtube.com/watch?v=UGgOJ-3hCTA
https://x.com/Jkylebass/status/1920090067143381336
velik_m
05-07-2025, 09:36 AM
Pandora warns U.S. tariffs will spark sweeping jewelry price increases
...
Pandora currently employs around 8,000 people in the U.S., primarily across its network of stores. Nevertheless, Lacik dismissed the prospect of relocating manufacturing to the U.S. — a key strategic goal of the president’s tariff agenda — saying it wouldn’t make any “financial sense.”
“The U.S. labor cost would be completely uncompetitive,” he said. “So if we were to do this, the consumer pricing would have to significantly go up.”
Costs aside, the jewelry CEO said the country lacks the suitable skills base to produce Pandora’s handcrafted goods.
“I employ up to 15,000 craftspeople in Thailand,” he said. “I can’t find that amount of talent that actually has this craft experience in the U.S. So it’s actually not so much a matter of cost to begin with, it’s about having skilled people who can actually craft the jewelry.”
More than costs and labor, however, Lacik said he would be reluctant to boost U.S. investment due to uncertainty. It comes as companies across other sectors, including pharmaceuticals and autos, have been pledging billions of dollars to boost manufacturing in the country.
“The more worrying thing in all this, is that it’s not predictable,” Lacik said. “I think this plagues most people like myself that sit on the business side of things.”
https://www.cnbc.com/2025/05/07/pandora-warns-us-tariffs-will-spark-sweeping-jewelry-price-rises.html
https://x.com/Jkylebass/status/1920090067143381336
https://x.com/ChineseEmbinUS/status/1919909430939865300
ChumpDumper
05-07-2025, 09:38 AM
TSA doesn't understand the concept of planning.
velik_m
05-07-2025, 09:39 AM
Investors fled to Europe and Japan after Trump’s tariffs jolted U.S. markets, Bank of America says
...
Strategists at the Bank of America shed light on where some of the capital flowing out of the U.S. may be heading.
According to their data analysis, U.S. equities saw an $8.9 billion outflow in the week to April 30. For every $100 inflow to American stocks since the 2024 presidential election, there had been a $5 outflow over the past three weeks, the investment bank’s strategists said in a note to clients on May 1.
At the same time, European equities saw a $3.4 billion inflow, according to the Wall Street bank.
Meanwhile, Japanese equities saw a $4.4 billion inflow in the week to April 30 — its biggest week of inflows since April 2024.
...
https://www.cnbc.com/2025/05/07/investors-fled-to-europe-japan-after-trump-tariffs-left-us-markets-reeling-bank-of-america.html
https://x.com/zerohedge/status/1919942189162938381
Bending the Xi
ChumpDumper
05-07-2025, 09:43 AM
What are the tariffs for?
Blake
05-07-2025, 11:55 AM
"“My sense is that this will be about de escalation, not about the big trade deal … but we’ve got to de escalate before we can move forward,” Bessent told Fox News."
https://www.cnn.com/politics/live-news/trump-president-administration-news-05-06-25#cmad35trs000g3b6sa3clmhor
Bissent already planning to fold before even getting there.
ChumpDumper
05-07-2025, 12:09 PM
uhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh hhhh
1919764721449808358
https://x.com/atrupar/status/1919764721449808358
ChumpDumper
05-07-2025, 12:30 PM
:lmao this dipshit knows nothing
status/1919903818155725145
https://x.com/SpencerHakimian/status/1919903818155725145
"“My sense is that this will be about de escalation, not about the big trade deal … but we’ve got to de escalate before we can move forward,” Bessent told Fox News."
https://www.cnn.com/politics/live-news/trump-president-administration-news-05-06-25#cmad35trs000g3b6sa3clmhor
Bissent already planning to fold before even getting there.
Bookmarking another Blake Cramer gem.
ChumpDumper
05-07-2025, 12:52 PM
"We have shared interests. This isn't sustainable, as I said before, especially on the Chinese side — and, you know, 145%, 125% is the equivalent of an embargo. We don't want to decouple — what we want is fair trade."
-- Bessent
What are the tariffs for?
Blake
05-07-2025, 01:43 PM
Bookmarking another Blake Cramer gem.
That's a Bessent quote, not my quote. That's your guy, not mine. So yes, please this bookmark this and bring it back up again. :tu :lol
Blake
05-07-2025, 01:45 PM
"We have shared interests. This isn't sustainable, as I said before, especially on the Chinese side — and, you know, 145%, 125% is the equivalent of an embargo. We don't want to decouple — what we want is fair trade."
-- Bessent
What are the tariffs for?
To make everyone rich and bring the price of eggs down?
That's a Bessent quote, not my quote. That's your guy, not mine. So yes, please this bookmark this and bring it back up again. :tu :lol
Bissent already planning to fold before even getting there.
Bookmarking another Blake Cramer gem.
Jesus Christ you are fucking stupid :lol
Blake
05-07-2025, 08:32 PM
Jesus Christ you are fucking stupid :lol
Yeah I'm quoting Bessent and making fun of what he said. Your reading skills really blow.
Winehole23
05-07-2025, 11:23 PM
https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:22gl4rbpkgcoxytuhphhqofi/bafkreigsgjv6qipakgtzvojmb3wpuaobszklk5vipmhywglh4 tsyqfirma@jpeg
Winehole23
05-08-2025, 08:09 AM
https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:t6ubj2wlhc34awzcymh3qpur/bafkreie2hcpqschsp76ouiki44ut3wqmam6tyclypgd6bykep 7rv4iarya@jpeg
Yeah I'm quoting Bessent and making fun of what he said. Your reading skills really blow.
Yeah and I bookmarked your idiotic par Cramer take on what he said. Your reading skills really blow.
ChumpDumper
05-08-2025, 10:37 AM
What are the tariffs for?
1920469193008287935
https://x.com/Timodc/status/1920469193008287935
https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:t6ubj2wlhc34awzcymh3qpur/bafkreie2hcpqschsp76ouiki44ut3wqmam6tyclypgd6bykep 7rv4iarya@jpeg
https://x.com/SportsRollo/status/1920496356247875913
ChumpDumper
05-08-2025, 10:56 AM
Is it actually a deal?
Blake
05-08-2025, 10:56 AM
Yeah and I bookmarked your idiotic par Cramer take on what he said. Your reading skills really blow.
It wasn't a take, genius. Your reading skills are seriously awful.
It wasn't a take, genius. Your reading skills are seriously awful.
Bissent already planning to fold before even getting there.
tHiS iSnT a TaKe GeNiUs
https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:t6ubj2wlhc34awzcymh3qpur/bafkreie2hcpqschsp76ouiki44ut3wqmam6tyclypgd6bykep 7rv4iarya@jpeg
https://x.com/MargoMartin47/status/1920506671371100579
Blake
05-08-2025, 11:19 AM
tHiS iSnT a TaKe GeNiUs
Lol you still can't figure it out. You're really an idiot. No joke.
Blake
05-08-2025, 11:20 AM
https://x.com/MargoMartin47/status/1920506671371100579
Why do you follow only Trump tards? Are you really this incapable of your own free thoughts? Serious question.
Why do you follow only Trump tards? Are you really this incapable of your own free thoughts? Serious question.
I'm sorry, Morning Joe hadn't posted this video clip to his Twitter feed yet so I opted to go with the White House Communication Director's tweet instead.
Blake
05-08-2025, 11:46 AM
I'm sorry, Morning Joe hadn't posted this video clip to his Twitter feed yet so I opted to go with the White House Communication Director's tweet instead.
She's a Trump tard too. Why though?
She's a Trump tard too. Why though?
She posted it before Morning Joe posted it to his Twitter feed. I don't care who posted the clip of the video it was the first clip of the UK Ambassador I ran across. You look pretty fucking stupid trying to attack the source of a video clip of the UK Ambassador giving Trump credit, it just shows how bad your TDS is.
Blake
05-08-2025, 12:17 PM
She posted it before Morning Joe posted it to his Twitter feed. I don't care who posted the clip of the video it was the first clip of the UK Ambassador I ran across. You look pretty fucking stupid trying to attack the source of a video clip of the UK Ambassador giving Trump credit, it just shows how bad your TDS is.
I'm not attacking this clip. I'm making fun of your Trump dick suck bias.
Lol "I didn't vote for him" lol. Sure.
I'm not attacking this clip. I'm making fun of your Trump dick suck bias.
Lol "I didn't vote for him" lol. Sure.
You attempt to attack anything positive Trump does...it's classic TDS and you've got a bad case of it. Instead of just shutting the fuck up and being angry Trump closed a deal with the UK you decide to come after me and just expose how bad your TDS is. The more you post the stupider you make yourself look.
ChumpDumper
05-08-2025, 12:43 PM
Is there still a 100% tariff on British movies?
https://x.com/RapidResponse47/status/1920524926869512590
ChumpDumper
05-08-2025, 01:04 PM
So was any of this posturing and threatening really necessary to do a trade deal with a country that takes maybe 3% of our exports?
https://x.com/OpenSourceZone/status/1920522519716491376
https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:t6ubj2wlhc34awzcymh3qpur/bafkreie2hcpqschsp76ouiki44ut3wqmam6tyclypgd6bykep 7rv4iarya@jpeg
https://x.com/zerohedge/status/1920503599957721580
"reality check"
:lol Bluesky screenshot spam
ChumpDumper
05-08-2025, 01:25 PM
So it's not really a trade deal?
What are the tariffs for?
velik_m
05-08-2025, 01:28 PM
Trump unveils United Kingdom trade deal, first since ‘reciprocal’ tariff pause
...
Many specifics about the deal were not immediately clear, and nothing was signed during the Oval Office event.
“The final details are being written up,” Trump said. “In the coming weeks we’ll have it all very conclusive.”
He said that the deal includes “billions of dollars of increased market access for American exports,” and that the U.K. will “reduce or eliminate numerous nontariff barriers that unfairly discriminated against American products.”
...
https://www.cnbc.com/2025/05/08/trump-uk-trade-deal-tariffs.html
Concepts of a deal.
https://www.cnbc.com/2025/05/08/trump-uk-trade-deal-tariffs.html
Concepts of a deal.A bit past just "concepts"...from your article.
Keep in place a 10% blanket U.S. tariff on U.K. imports.
Adjust tariffs on U.K. autos so that the first 100,000 vehicles imported from U.K. car manufacturers each year are subject to a 10% rate, and any additional vehicles face 25% rates.
Create a ”$5 billion opportunity for new exports” for U.S. farmers, ranchers and producers, including more than $700 million in ethanol exports and $250 million in American beef and other agricultural products.
Commit both countries to working together to enhance industrial and agricultural market access.
Close loopholes and increase U.S. firms’ competitiveness in the U.K.’s procurement market.
Streamline customs procedures for U.S. exports.
Establish commitments on intellectual property, labor and the environment.
Secure the supply chain of U.S. aerospace manufacturers through preferential access to high-quality U.K. aerospace components.
Create a secure supply chain for pharmaceutical products.
Require the U.S. to negotiate an “alternative arrangement to the Section 232 tariffs on steel and aluminum.” That includes creating a “new trading union for steel and aluminum.”
U.K. Prime Minister Keir Starmer, who joined Trump remotely, said, “We’ve built an incredible platform for the future.”
https://www.cnbc.com/2025/05/08/trump-uk-trade-deal-tariffs.html
ChumpDumper
05-08-2025, 01:46 PM
What are the tariffs for?
ChumpDumper
05-08-2025, 02:06 PM
A bit past just "concepts"...from your article.
Keep in place a 10% blanket U.S. tariff on U.K. imports.
Adjust tariffs on U.K. autos so that the first 100,000 vehicles imported from U.K. car manufacturers each year are subject to a 10% rate, and any additional vehicles face 25% rates.
Create a ”$5 billion opportunity for new exports” for U.S. farmers, ranchers and producers, including more than $700 million in ethanol exports and $250 million in American beef and other agricultural products.
Commit both countries to working together to enhance industrial and agricultural market access.
Close loopholes and increase U.S. firms’ competitiveness in the U.K.’s procurement market.
Streamline customs procedures for U.S. exports.
Establish commitments on intellectual property, labor and the environment.
Secure the supply chain of U.S. aerospace manufacturers through preferential access to high-quality U.K. aerospace components.
Create a secure supply chain for pharmaceutical products.
Require the U.S. to negotiate an “alternative arrangement to the Section 232 tariffs on steel and aluminum.” That includes creating a “new trading union for steel and aluminum.”
U.K. Prime Minister Keir Starmer, who joined Trump remotely, said, “We’ve built an incredible platform for the future.”
https://www.cnbc.com/2025/05/08/trump-uk-trade-deal-tariffs.html
Many specifics about the agreement were not immediately clear, and nothing was signed during the Oval Office event.
:lol
velik_m
05-08-2025, 02:46 PM
What you need to know about today's UK-US agreement
Though nothing get been signed yet, the announcement of a US-UK tariff agreement marks much-needed win for Donald Trump as well as a political boost for Sir Keir Starmer.
Some clarifications:
Despite how Trump has framed it, this is not a trade deal. This is a tariff agreement that amends the levies the president placed. Only Congress has the authority to pass a true free-trade deal.
Trump's blanket 10% tariff still applies to most goods coming from the UK
Nothing is finalized. There are still months of negotiations and legal paperwork ahead.
What changed today:
Trump slashed tariffs on British cars and metals
The US had agreed to reduce the import tax on cars from 25% to 10% for 100,000 cars a year.
Some tariffs on steel an aluminium have been eliminated entirely
The UK removed tariffs on American beef and ethanol
...
https://www.bbc.com/news/live/cn91dxzv4pnt?post=asset%3Ac1d71da1-525f-43a0-957c-cd0c20fc6c9d#post
No change on digital services tax
There was no change to the UK's 2% digital services tax on US firms in this deal, despite reports there could be.
Businesses that run social media, search engines or online marketplaces pay this tax which applies to revenues derived from UK users.
...
https://www.bbc.com/news/live/cn91dxzv4pnt?post=asset%3Ad749cff5-a62a-4818-b27a-586169a2b26f#post
ChumpDumper
05-08-2025, 03:27 PM
Looks like its a pretty sweet deal for British manufacturing tbh.
Blake
05-08-2025, 03:27 PM
Is there still a 100% tariff on British movies?
Hey they can film international 007 movies in Hollywood just the same
Blake
05-08-2025, 03:27 PM
Many specifics about the agreement were not immediately clear, and nothing was signed during the Oval Office event.
:lol
:lol RIF
ChumpDumper
05-08-2025, 03:47 PM
Dolls again.
Wait. Are we going to war?
Do we not make weapons here?
What is happening?
Is the new pope safe?
1920565609294934351
https://x.com/Acyn/status/1920565609294934351
ChumpDumper
05-08-2025, 03:56 PM
Is this true, Trumptards?
The people never pay more because of tariffs?
1920508286652330384
https://x.com/Acyn/status/1920508286652330384
ChumpDumper
05-08-2025, 04:05 PM
:lol this fucking moron doesn't even know what shopping is.
1920506794352251385
https://x.com/atrupar/status/1920506794352251385
Blake
05-08-2025, 04:08 PM
Dolls again.
Wait. Are we going to war?
Do we not make weapons here?
What is happening?
Is the new pope safe?
1920565609294934351
https://x.com/Acyn/status/1920565609294934351
The fuck?
Blake
05-08-2025, 04:10 PM
:lol this fucking moron doesn't even know what shopping is.
1920506794352251385
https://x.com/atrupar/status/1920506794352251385
https://i.pinimg.com/736x/dd/4c/5b/dd4c5b752d395b6be97e3bc0f1266f10.jpg
ChumpDumper
05-08-2025, 06:15 PM
Imagine the profit they're gonna make off the new tariff price.
1919785129867698243
https://x.com/Brad_Setser/status/1919785129867698243
Is this what tariffs are for?
Imagine the profit they're gonna make off the new tariff price.
1919785129867698243
https://x.com/Brad_Setser/status/1919785129867698243
Is this what tariffs are for?
Pharma tariffs are largely about long-term reshoring of Pharma manufacturing, not just a one year thing.
If Trump hadn't negotiated the USMCA, he probably would be calling it the worst deal ever negotiated. US automakers are angry because they built their supply chains around it and foreign brands had little incentive to pick the US over Mexico (or even Canada to some extent) for big investments.
ChumpDumper
05-08-2025, 06:34 PM
Pharma tariffs are largely about long-term reshoring of Pharma manufacturing, not just a one year thing.Yes, it's about higher drug prices forever and an incredible windfall for the companies that hoard in advance of the permanent price increase.:tu
Yes, it's about higher drug prices forever and an incredible windfall for the companies that hoard in advance of the permanent price increase.:tu
Are you siding with Big Pharma? :lol
ChumpDumper
05-08-2025, 06:36 PM
Are you siding with Big Pharma? :lolIt's what's happening because of tariffs. I'm not a fan.
You certainly seem to be in favor of all of it.
Are you not?
It's what's happening because of tariffs. I'm not a fan.
You certainly seem to be in favor of all of it.
Are you not?
We are already charged the highest prices in the world for drugs.
I wouldn't mind the threat of tariffs bringing back some manufacturing. If prices really do get that much worse, then do what Europe does and look at price controls and other things to rein them in.
ChumpDumper
05-08-2025, 06:46 PM
We are already charged the highest prices in the world for drugs.So you want them even higher.:tu
So you want them even higher.:tu
If a lot more are eventually manufactured locally then there is NO tariff charged are those. None.
ChumpDumper
05-08-2025, 07:01 PM
If a lot more are eventually manufactured locally then there is NO tariff charged are those. None.But they'll be priced higher to be in line with the tariffed drugs or vice-versa. Whichever is higher, that's going to be the one price for the proprietary drugs.
Unless you think every amount of every drug is going to be produced here.:lol
Blake
05-08-2025, 07:51 PM
We are already charged the highest prices in the world for drugs.
I wouldn't mind the threat of tariffs bringing back some manufacturing. If prices really do get that much worse, then do what Europe does and look at price controls and other things to rein them in.
If we're already charged the highest prices in the world, why aren't we looking at price controls and other things to rein them in right now? Trump pulled these tariffs out of his ass. He said so. You guys thinking this is 4D strategy is insane.
But they'll be priced higher to be in line with the tariffed drugs or vice-versa. Whichever is higher, that's going to be the one price for the proprietary drugs.
Unless you think every amount of every drug is going to be produced here.:lol
If you see much higher prices, then you'll see insurance companies push back and the government will too.
USA is already the profit engine for Big Pharma, so they aren't going to just walk away from this market.
If we're already charged the highest prices in the world, why aren't we looking at price controls and other things to rein them in right now? Trump pulled these tariffs out of his ass. He said so. You guys thinking this is 4D strategy is insane.
It's not 4D chess -- It's straight forward. Apparently, we are looking at somethings. Keep an eye out in the next few weeks.
Blake
05-08-2025, 10:55 PM
It's not 4D chess -- It's straight forward. Apparently, we are looking at somethings. Keep an eye out in the next few weeks.
Huh? It's not straight forward. There's no logic behind any of it.
ChumpDumper
05-09-2025, 02:45 AM
If you see much higher prices, then you'll see insurance companies push back and the government will too. The Trump government?
:lmao what are you smoking?
ChumpDumper
05-09-2025, 02:47 AM
It's not 4D chess -- It's straight forward. Apparently, we are looking at somethings. Keep an eye out in the next few weeks.
Jesus Christ, this is unbelievably stupid.
You find a way to support Trump every single time.
Is this derp?
Winehole23
05-09-2025, 06:50 AM
If Trump hadn't negotiated the USMCA, he probably would be calling it the worst deal ever negotiated. US automakers are angry because they built their supply chains around it and foreign brands had little incentive to pick the US over Mexico (or even Canada to some extent) for big investments.
https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:6grr22xolfmyb6vzbrpic2or/bafkreihcycfkh52vmoftbm4eyk3bjjx4bjxg2wxiax37k6zci ozs2wtbcu@jpeg
Winehole23
05-09-2025, 07:08 AM
Trumplandia consists mainly of stupid bullies who make stupid, destructive decisions
Perhaps the most consequential misstep was the 90-day grace period extended to all countries except China. What might have been intended as a strategic wedge to isolate China instead reshaped the game in ways that favoured all other players and further weakened the US’s position. This decision transformed a high-pressure bargaining game into a delayed coordination game. In this case, the dominant strategy for most countries was to wait, watch, and coordinate quietly with others.
While the US continues to conduct itself as if they are engaged in a bargaining game, everyone else has hedged to frame their strategies in the context of a coordination game in which they each have agency.
In repeated game theory, delaying moves in a scenario with uncertain payoffs often becomes optimal. This is especially so when the perceived cost of waiting is lower than the cost of misplaying a premature move. In this instance Trump’s 90-day hiatus removed the immediacy of decision-making, allowing other countries to stall. It also created the temporal space in which bilateral trade partners could feign cooperation with the US while pursuing other strategies. Unsurprisingly, many re-engaged with China or joined efforts to mitigate the impact of the US’s actions.
Take for example the following. In recent days, Japan and Hungary rebuffed Washington’s attempt to force them to decouple from China. This is quite remarkable given that Japan has long been subordinated to the US in geopolitical terms. Few can forget Japan’s caving in to Washington at the Plaza Accord. As for Hungary, this too shows some interesting dimensions. Hungary’s Prime Minister Viktor Orban is politically aligned with Trump, broadly speaking at least. There are strong philosophical sympathies. Yet, Hungary was not willing to jettison its economic interests in the face of American pressure. At the same time, the EU resumed economic talks with Beijing, while holding fire on its own retaliatory tariffs aimed at American goods. The UK inked a Free Trade Agreement (FTA) with India, pointing to these nations' willingness to forge trade relations outside of America’s orbit. ASEAN initiated internal coordination and, at the same time, deepened ties with China and the Gulf States. Japan, South Korea, and China met to revive stalled trilateral FTA talks. Meanwhile, ASEAN+3 finance ministers reaffirmed commitments to open and multilateral trade, and to take coordinated actions to ward off any macro downside risks of Trump’s tariffs.
The Trump Administration’s moves did not isolate China. Rather, they inadvertently triggered a counter-coordination game, where everyone else worked to insulate themselves from US pressure and build alternatives.
https://warwickpowell.substack.com/p/oops-strategic-miscalculation-and
velik_m
05-09-2025, 07:36 AM
The aluminum sector isn’t moving to the U.S. despite tariffs — due to one key reason
Sweeping tariffs imposed by U.S. President Donald Trump on imported aluminum are reshaping global trade flows and inflating costs for American consumers. But they are falling short of their primary goal: to revive domestic aluminum production.
Instead, rising costs, particularly skyrocketing electricity prices in the U.S. relative to global competitors, are leading to smelter closures rather than restarts.
...
The downstream impact of the tariffs is already being felt by Thule Group, a Hydro customer that makes cargo boxes fitted atop cars. The company said it’ll raise prices by about 10% even though it manufactures the majority of the goods sold in the U.S locally, as prices of raw materials, such as steel and aluminum, have shot up.
But while tariffs are effectively leading to prices rise in the U.S., they haven’t spurred a revival in domestic smelting, the energy-intensive process of producing primary aluminum.
What will it take to revive smelters in the U.S.?
The primary barrier remains the lack of access to competitively priced, long-term power, according to the industry.
“Energy costs are a significant factor in the overall production cost of a smelter,” said Ami Shivkar, principal analyst of aluminum markets at analytics firm Wood Mackenzie. “High energy costs plague the US aluminium industry, forcing cutbacks and closures.”
...
“We are buying U.S. scrap [aluminium]. A local raw material. But still, the scrap prices now include, indirectly, the tariff cost,” Christophersen explained. “We pay the tariff cost in reality, because the scrap price adjusts to the Midwest premium.”
“We are paying the tariff cost, but we quickly pass it on, so it’s exactly the same [for us],” he added.
RBC Capital Markets analysts confirmed this pass-through mechanism for Hydro’s extrusions business, saying “typically higher LME prices and premiums will be passed onto the customer.”
This pass-through has occurred amid broader market headwinds, particularly downstream among Hydro’s customers.
RBC highlighted the “weak spot remains the extrusion divisions” in Hydro’s recent results and noted a guidance downgrade, reflecting sluggish demand in sectors like building and construction.
https://www.cnbc.com/2025/05/09/the-aluminum-sector-isnt-moving-to-the-us-despite-tariffs.html
Winehole23
05-09-2025, 08:06 AM
Trump backpedaling and begging the Chinese...without any concessions on their part
https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:t6ubj2wlhc34awzcymh3qpur/bafkreigzw3upnhaprjkjqm25sgjotlwbmtu4tva22pda35z7b m3gitlko4@jpeg
Winehole23
05-09-2025, 08:38 AM
blaming "the government," but not the guy who did it to him
https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:73t3muu2pudsajp7a2fj3aly/bafkreidwxeji7ogclr7azlmsle2lrlnki4rwkbd2ftgf63wgy wpa2oi4ha@jpeg
ChumpDumper
05-09-2025, 01:06 PM
A bit past just "concepts"...from your article.
Keep in place a 10% blanket U.S. tariff on U.K. imports.
Adjust tariffs on U.K. autos so that the first 100,000 vehicles imported from U.K. car manufacturers each year are subject to a 10% rate, and any additional vehicles face 25% rates.
Create a ”$5 billion opportunity for new exports” for U.S. farmers, ranchers and producers, including more than $700 million in ethanol exports and $250 million in American beef and other agricultural products.
Commit both countries to working together to enhance industrial and agricultural market access.
Close loopholes and increase U.S. firms’ competitiveness in the U.K.’s procurement market.
Streamline customs procedures for U.S. exports.
Establish commitments on intellectual property, labor and the environment.
Secure the supply chain of U.S. aerospace manufacturers through preferential access to high-quality U.K. aerospace components.
Create a secure supply chain for pharmaceutical products.
Require the U.S. to negotiate an “alternative arrangement to the Section 232 tariffs on steel and aluminum.” That includes creating a “new trading union for steel and aluminum.”
U.K. Prime Minister Keir Starmer, who joined Trump remotely, said, “We’ve built an incredible platform for the future.”
https://www.cnbc.com/2025/05/08/trump-uk-trade-deal-tariffs.html
Is this what tariffs are for?
Is this going to benefit Main Street?
1920502128507838713
https://x.com/JStein_WaPo/status/1920502128507838713
"Beijing is “evaluating” an offer from the US to engage in trade negotiations, the Chinese government has said, a week after Donald Trump claimed talks were already under way.
China’s commerce ministry said on Friday: “The US has recently taken the initiative on many occasions to convey information to China through relevant parties, saying it hopes to talk with China.”
https://www.theguardian.com/us-news/2025/may/02/china-evaluating-us-offer-to-engage-in-trade-negotiations
It's Trump with the begging. You're an idiot if you think it's the other way around.
Blake swallowing the Chinese propaganda in full like the idiot he is :lol
Inside China's decision to come to the table on Trump tariffs
"After Trump's "Liberation Day" tariffs, Chinese Commerce Minister Wang Wentao quietly reached out to his U.S. counterpart, Howard Lutnick, but was rebuffed as not senior enough, according to one official familiar with the exchanges.
Trump has been pushing for direct talks with Chinese President Xi Jinping. But China has rejected that idea as not in keeping with its traditional approach of working out the details first before the leaders sign any deal, according to public statements by both sides.
Another significant factor for China was Trump's public berating of Ukrainian President Volodymyr Zelenskiy in February, said one of the sources, adding that any unscripted hostile interaction between the U.S. and Chinese leaders would represent an unacceptable loss of face for Xi.
As messaging on both sides grew more conciliatory, China decided to put forward its vice premier and Xi confidant He Lifeng, whose direct predecessor struck the "Phase One" trade deal with the U.S. in 2019.
The move satisfied Washington's demands for substantive talks with a senior official with direct access to Xi, but avoided exposing the Chinese leader to potential embarrassment, said one of the sources."
"Among the main drivers of Beijing's climb-down were internal signals that Chinese companies were struggling to avoid bankruptcies and to replace the U.S. market, three people familiar with the Chinese government's thinking said.
Some areas feeling immediate impact were furniture and toy makers, as well as textiles, said one of the officials.
U.S. diplomats in China have also been closely monitoring factory closures, strikes, and job losses in the industrial heartland in southern China.
Many analysts have downgraded their 2025 economic growth forecasts for China, and investment bank Nomura has warned the trade war could cost it up to 16 million jobs. China's central bank this week announced fresh monetary stimulus.
One of the officials said Chinese companies were struggling to replace the U.S. market because developing nations cannot buy as many items, and that for many firms this was an existential threat that needed to be resolved in days or weeks."
https://www.reuters.com/world/inside-chinas-decision-come-table-trump-tariffs-2025-05-09/
ChumpDumper
05-09-2025, 01:57 PM
So the goal of the tariffs is to help keep Chinese factories in business?
Blake
05-09-2025, 02:19 PM
blaming "the government," but not the guy who did it to him
https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:73t3muu2pudsajp7a2fj3aly/bafkreidwxeji7ogclr7azlmsle2lrlnki4rwkbd2ftgf63wgy wpa2oi4ha@jpeg
Yeah, fuck that stupid fuck.
Blake
05-09-2025, 02:23 PM
Blake swallowing the Chinese propaganda in full like the idiot he is :lol
Inside China's decision to come to the table on Trump tariffs
"After Trump's "Liberation Day" tariffs, Chinese Commerce Minister Wang Wentao quietly reached out to his U.S. counterpart, Howard Lutnick, but was rebuffed as not senior enough, according to one official familiar with the exchanges.
Trump has been pushing for direct talks with Chinese President Xi Jinping. But China has rejected that idea as not in keeping with its traditional approach of working out the details first before the leaders sign any deal, according to public statements by both sides.
Another significant factor for China was Trump's public berating of Ukrainian President Volodymyr Zelenskiy in February, said one of the sources, adding that any unscripted hostile interaction between the U.S. and Chinese leaders would represent an unacceptable loss of face for Xi.
As messaging on both sides grew more conciliatory, China decided to put forward its vice premier and Xi confidant He Lifeng, whose direct predecessor struck the "Phase One" trade deal with the U.S. in 2019.
The move satisfied Washington's demands for substantive talks with a senior official with direct access to Xi, but avoided exposing the Chinese leader to potential embarrassment, said one of the sources."
"Among the main drivers of Beijing's climb-down were internal signals that Chinese companies were struggling to avoid bankruptcies and to replace the U.S. market, three people familiar with the Chinese government's thinking said.
Some areas feeling immediate impact were furniture and toy makers, as well as textiles, said one of the officials.
U.S. diplomats in China have also been closely monitoring factory closures, strikes, and job losses in the industrial heartland in southern China.
Many analysts have downgraded their 2025 economic growth forecasts for China, and investment bank Nomura has warned the trade war could cost it up to 16 million jobs. China's central bank this week announced fresh monetary stimulus.
One of the officials said Chinese companies were struggling to replace the U.S. market because developing nations cannot buy as many items, and that for many firms this was an existential threat that needed to be resolved in days or weeks."
https://www.reuters.com/world/inside-chinas-decision-come-table-trump-tariffs-2025-05-09/
You saw Trump dropped down to 80% now. Why did he do that if we're the ones with the upper hand?
Explain if you dare.
ChumpDumper
05-09-2025, 03:08 PM
A bit past just "concepts"...from your article.
Keep in place a 10% blanket U.S. tariff on U.K. imports.
Adjust tariffs on U.K. autos so that the first 100,000 vehicles imported from U.K. car manufacturers each year are subject to a 10% rate, and any additional vehicles face 25% rates.
Create a ”$5 billion opportunity for new exports” for U.S. farmers, ranchers and producers, including more than $700 million in ethanol exports and $250 million in American beef and other agricultural products.
Commit both countries to working together to enhance industrial and agricultural market access.
Close loopholes and increase U.S. firms’ competitiveness in the U.K.’s procurement market.
Streamline customs procedures for U.S. exports.
Establish commitments on intellectual property, labor and the environment.
Secure the supply chain of U.S. aerospace manufacturers through preferential access to high-quality U.K. aerospace components.
Create a secure supply chain for pharmaceutical products.
Require the U.S. to negotiate an “alternative arrangement to the Section 232 tariffs on steel and aluminum.” That includes creating a “new trading union for steel and aluminum.”
U.K. Prime Minister Keir Starmer, who joined Trump remotely, said, “We’ve built an incredible platform for the future.”
https://www.cnbc.com/2025/05/08/trump-uk-trade-deal-tariffs.html
All that means nothing.
1920862587488444923
https://x.com/JustinWolfers/status/1920862587488444923
You saw Trump dropped down to 80% now. Why did he do that if we're the ones with the upper hand?
Explain if you dare.
Here Blake shows he's never done a business deal and has no clue what negotiations entail. Trump said from the start he'd set tariffs high for all countries and would reduce as deals were negotiating. Do you realize how stupid you sound trying to argue the country implementing an 80% tariff would not be the one with the upper hand? :lol Why you continue to embarrass yourself? You're doing it so often now I'm starting to think it's a new troll schtick.
ChumpDumper
05-09-2025, 03:30 PM
What are the tariffs for?
Blake
05-09-2025, 04:42 PM
Is this what tariffs are for?
Is this going to benefit Main Street?
1920502128507838713
https://x.com/JStein_WaPo/status/1920502128507838713
Lol going with his gut on "special cars"
Blake
05-09-2025, 04:42 PM
Here Blake shows he's never done a business deal and has no clue what negotiations entail. Trump said from the start he'd set tariffs high for all countries and would reduce as deals were negotiating. Do you realize how stupid you sound trying to argue the country implementing an 80% tariff would not be the one with the upper hand? :lol Why you continue to embarrass yourself? You're doing it so often now I'm starting to think it's a new troll schtick.
Fold accepted.
Blake
05-09-2025, 04:43 PM
What are the tariffs for?
Never will answer
The Trump government?
:lmao what are you smoking?
Yes, the Trump government. Keep an eye out for it.:toast
ChumpDumper
05-09-2025, 06:10 PM
Yes, the Trump government. Keep an eye out for it.:toastFor what?
What does pushback mean?
Price controls?
:lol
Blake
05-09-2025, 06:18 PM
Yes, the Trump government. Keep an eye out for it.:toast
If it's straightforward then you should be able to say what it is. But you won't. Your team comes back with mental gymnastic 4D chess to try to explain "it".
sickdsm
05-09-2025, 10:33 PM
blaming "the government," but not the guy who did it to him
https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:73t3muu2pudsajp7a2fj3aly/bafkreidwxeji7ogclr7azlmsle2lrlnki4rwkbd2ftgf63wgy wpa2oi4ha@jpeg
Lol. Radio and media host posts shocking tweet. You do know need laughing about all the engagement he received on that and the new followers, right? AP sells so much trinket stuff. My son wears his call the cops IDGAF shirt to school.
Blake
05-09-2025, 10:42 PM
Lol. Radio and media host posts shocking tweet. You do know need laughing about all the engagement he received on that and the new followers, right? AP sells so much trinket stuff. My son wears his call the cops IDGAF shirt to school.
You sound cool and edgy. I bet your son is proud.
Blake
05-09-2025, 10:43 PM
Actually that sounds like a t shirt that koriwhat would wear
velik_m
05-10-2025, 01:01 AM
Tech’s strong ad sales are showing signs of cracking from Trump’s trade war
...
“The good news is, Q1 was really strong, and Q4 of last year was pretty darn good,” said Sameer Samana, head of global equities and real assets for Wells Fargo Investment Institute.
But with companies from a variety of sectors lowering or even suspending their 2025 sales guidance, as in the case of auto giants like Ford Motor and toymaker Mattel, Samana believes the good times are likely coming to an end.
“What it’s telling me is that we better enjoy this rally, we better enjoy these good numbers,” Samana said. “This is going to be about as good as it gets for the coming year.”
In an ominous sign for social media and online advertising companies, retail and consumer packaged goods businesses like Procter & Gamble have warned of weakening sales amid the turbulent economy.
Jasmine Enberg, a vice president and principal analyst at eMarketer, said companies in these sectors generate “about half of all social ads in the U.S.,” and a decrease in their advertising spend “will have a ripple effect on the social ad market.”
...
https://www.cnbc.com/2025/05/09/meta-alphabet-amazon-ads-tariffs.html
sickdsm
05-10-2025, 12:59 PM
You sound cool and edgy. I bet your son is proud.
Teenager son wearing teenager stuff rattles you? Cuck harder.
velik_m
05-10-2025, 01:08 PM
Zero ships from China are bound for California’s top ports. Officials haven’t seen that since the pandemic
On Friday morning, West Coast port officials told CNN about a startling sight: Not a single cargo vessel had left China with goods for the two major West Coast ports in the past 12 hours. That hasn’t happened since the pandemic.
Six days ago, 41 vessels were scheduled to depart China for the San Pedro Bay Complex, which encompasses both the Port of Los Angeles and Port of Long Beach in California. On Friday, it was zero.
President Donald Trump’s trade war imposed massive tariffs on most Chinese imports last month. That’s led to fewer ships at sea carrying less cargo to America’s ports. For many businesses, it is now too expensive to do business with China, one of America’s most important trading partners.
Officials are concerned not just about the lack of vessels leaving China, but the speed at which that number dropped.
“That’s cause for alarm,” said Mario Cordero, the CEO of the Port of Long Beach. “We are now seeing numbers in excess of what we witnessed in the pandemic” for cancellations and fewer vessel arrivals.
...
https://edition.cnn.com/2025/05/10/business/zero-ships-china-trade-ports-pandemic
Blake
05-10-2025, 01:14 PM
Teenager son wearing teenager stuff rattles you? Cuck harder.
It makes me lol that you have a koriwhat for a son. Maybe he'll drop out of 10th grade too
ChumpDumper
05-10-2025, 09:20 PM
Oh look, more needless inflation.
1921000739918205340
https://x.com/StephanieKelton/status/1921000739918205340
BadMotorscooter
05-10-2025, 11:14 PM
Oh look, more needless inflation.
1921000739918205340
https://x.com/StephanieKelton/status/1921000739918205340
you didnt say shit about inflation with biden in charge....you opinion means shit now.
ChumpDumper
05-10-2025, 11:15 PM
you didnt say shit about inflation with biden in charge....you opinion means shit now.I said needless inflation.
Inflation was a fait accompli after the pandemic that you don't remember.
BadMotorscooter
05-10-2025, 11:17 PM
I said needless inflation.
Inflation was a fait accompli after the pandemic that you don't remember.
Biden said he would get rid of Covid and he didnt....inflation happened and you go after republicans....you are the fool.
ChumpDumper
05-10-2025, 11:20 PM
Biden said he would get rid of Covid and he didnt....Is COVID still a huge threat to life in your opinion?
inflation happened and you go after republicans....you are the fool.
Inflation would've happened under Trump too. Why do you want more inflation?
velik_m
05-11-2025, 07:16 AM
The Farce of the Deal
...
The US-UK “deal” is the first and only one the US has negotiated since Trump paused tariffs above 10% on countries besides China for 90 days. In the short text of the agreement, the only actual tariff reduction America formally commits to is reducing the 25% car tariff to 10% for the first 100k vehicles exported from Great Britain. Washington promises to create a similar system for British steel & aluminum, but provided exactly zero details on what this actually means. In the press conference, US Commerce Secretary Howard Lutnick also promised that aircraft engines & parts would be exempted from US tariffs, but this was a lie—the official document does not even mention planes. In “exchange”, the US gets some tiny tariff-free quota for beef and ethanol exports. In practice, this means trade policy between the two countries is still several times more restrictive than before Trump took office.
To say this “deal” is tiny would be an understatement—it is microscopic. The United Kingdom is a relatively small US trading partner, only representing about 2% of American goods imports (that’s less than Vietnam, Taiwan, Ireland, India, or Italy), and this deal only reduced tariffs on about 14% of those British goods. The overall impact on US trade restrictiveness is functionally unnoticeable—the Trump administration’s quiet decision to indefinitely delay tariffs on Mexican/Canadian auto parts was roughly 5-6x more impactful. It would not be inaccurate to characterize this entire episode as basically a PR tour for slightly lower tariffs on Aston Martins & Bentleys.
...
https://www.apricitas.io/p/farce-of-the-deal
velik_m
05-11-2025, 07:18 AM
With foreign tourists boycotting the U.S., businesses brace for falling sales
...
Tourism is a big U.S. export: Foreign visitors spent more than $180 billion here in 2024, more than all agricultural exports combined, said Geoff Freeman, president and CEO of the U.S. Travel Association.
However, international visits to the U.S. fell 12% year-over-year in March, according to Oxford Economics.
It’s not just Canada: Visits from Western Europe, Asia and South America — historically the U.S.′ highest-value travel markets — are also down by double-digit percentages, according to the U.S. Travel Association.
...
Nationally, small and mid-sized business profits have already “deteriorated sharply” amid the travel slowdown, said Aaron Terrazas, an economist at Gusto, a payroll and benefits provider.
The share of “tourism” companies that are profitable fell to 32% in April 2025, down from 41% and 43% in April 2024 and 2023, respectively, according to Gusto. The category includes tour operators, condo or time-share agencies and ticket or reservation agencies.
The share of profitable “accommodation” businesses fell to 36%, down from 44% and 45%, Gusto found. The category includes small hotels and motels, guesthouses, cottages and cabins, and RV parks and campgrounds.
...
https://www.cnbc.com/2025/05/10/foreign-tourist-boycott-us-business-impact.html
velik_m
05-11-2025, 11:07 AM
Hundreds of dock workers go without work because of Trump's tariffs
It started Monday with fewer cargo ships coming from China. By the end of this week, it's meant fewer jobs.
“Just today, we had some what north of 235 members who sought work but were not able to get it,” said Sal DiContanza, port liaison for the International Longshore and Warehouse Union. “It’s beginning to manifest itself as a real loss of jobs and income from our members.”
DiContanza believes it’s impacting mostly part time workers now but fears it will impact full time workers soon.
“At this point, its looks like its going to get worse before to get better,” said DiContanza.
“These tariffs are harming our American people,” said congresswoman Nanette Barragán, who represents the Port of LA.
Officials from the busiest container port in North America said 136,000 local jobs are directly tied to the Southern California ports and 1.4 million jobs in LA and Long Beach region.
...
https://www.nbclosangeles.com/news/local/hundreds-of-dock-workers-go-without-work-because-of-trumps-tariffs/3698001/?amp=1
koriwhat
05-11-2025, 01:27 PM
I think we now have a Bouts 3.0 guys! Copy&Paste retards! :lol
sickdsm
05-11-2025, 01:41 PM
https://www.usatoday.com/story/news/politics/2025/05/11/trump-china-trade-deal-tariffs/83570296007/
ChumpDumper
05-11-2025, 01:57 PM
https://www.usatoday.com/story/news/politics/2025/05/11/trump-china-trade-deal-tariffs/83570296007/
We haven't even reached a deal with the UK tbh.
sickdsm
05-11-2025, 02:19 PM
We haven't even reached a deal with the UK tbh.
https://www.politico.com/news/2025/05/11/british-ambassador-trade-deal-finalized-00340922
ducks
05-11-2025, 03:15 PM
BREAKING: China's Vice Premier He Lifeng says both sides agreed to establish a "China-US trade consultation mechanism."
Blake
05-11-2025, 05:02 PM
BREAKING: China's Vice Premier He Lifeng says both sides agreed to establish a "China-US trade consultation mechanism."
Lol what does that even mean for these tariffs?
ChumpDumper
05-11-2025, 08:08 PM
https://www.politico.com/news/2025/05/11/british-ambassador-trade-deal-finalized-00340922
We'll see.
velik_m
05-11-2025, 11:38 PM
U.S. Announces China Trade Deal in Geneva
Secretary of the Treasury Scott Bessent: “I’m happy to report that we made substantial progress between the United States and China in the very important trade talks. First, I want to thank our Swiss host. The Swiss government has been very kind in providing us this wonderful venue, and I think that led to a great deal of productivity we’ve seen. We will be giving details tomorrow, but I can tell you that the talks were productive. We had the vice premier, two vice ministers, who were integrally involved, Ambassador Jamieson, and myself. And I spoke to President Trump, as did Ambassador Jamieson, last night, and he is fully informed of what is going on. So, there will be a complete briefing tomorrow morning.”
U.S. Trade Representative Ambassador Jamieson Greer: “This was, as the Secretary pointed out, a very constructive two days. It’s important to understand how quickly we were able to come to agreement, which reflects that perhaps the differences were not so large as maybe thought. That being said, there was a lot of groundwork that went into these two days. Just remember why we’re here in the first place — the United States has a massive $1.2 trillion trade deficit, so the President declared a national emergency and imposed tariffs, and we’re confident that the deal we struck with our Chinese partners will help us to work toward resolving that national emergency.”
https://www.whitehouse.gov/articles/2025/05/u-s-announces-china-trade-deal-in-geneva/
"Substantial progress" :lol They have no idea what a trade deal even is. :lmao
US economy is so fucked.
Winehole23
05-12-2025, 06:06 AM
10% tariffs are still dangerously high, significantly higher than Smoot-Hawley
all that's happened here is that Trump has withdrawn the 125% tariff rate and China has dropped retaliation -- for 90 days
The U.S. and China on Monday agreed to temporarily suspend most tariffs on each other’s goods in a move that shows a major thawing of trade tensions between the world’s two largest economies.
The trade agreement means that “reciprocal” tariffs between both countries will be cut from 125% to 10%. The U.S.′ 20% duties on Chinese imports relating to fentanyl (https://www.cnbc.com/2025/03/12/china-says-its-willing-to-cooperate-with-the-us-on-fentanyl.html) will remain in place, meaning total tariffs on China stand at 30%.
https://www.cnbc.com/2025/05/12/us-and-china-agree-to-slash-tariffs-for-90-days.html
Winehole23
05-12-2025, 06:17 AM
is this the reset?
or just the pause before the reset/decoupling?
Winehole23
05-12-2025, 07:17 AM
Cleveland Fed President Beth Hammack says she’s hearing from firms that aren’t sure how much tariffs will go up, so they are beginning to implement a sequence of rolling price hikes to avoid a larger, one time increase in prices. Some firms that haven’t faced tariffs are also raising prices because their competitors, who do face tariffs, have raised prices.
“That certainly would be the type of environment where the tariffs could be more inflationary rather than just a one-time increase of the price level.”
Hammack said it could be a while before the Fed has visibility on whether and how to change rates.
“I don’t want to put a time frame on it (https://x.com/NickTimiraos/status/1920984803790516660), but I think it can be a while…. We might need to wait longer than you would otherwise if you had a clearer picture of where things are.”
Winehole23
05-12-2025, 07:44 AM
another Trump flip flop
squanders leverage, introduces uncertainty, undermines US credibility
and prolongs the hazard to the US economy
Winehole23
05-12-2025, 08:00 AM
there will be small business carnage if this wasn't part of the rollback
* US-CHINA TRADE DEAL DOES NOT COVER "DE MINIMIS" EXEMPTIONS FOR E-COMMERCE FIRMS, SAYS SOURCE BRIEFED ON THE TALKS
https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:hgyzg2hn6zxpqokmp5c2xrdo/bafkreibc7l7ihf3tf7sthx7vgivwvvjcejesobhrhfhzdi42l yxkie3c6q@jpeg
velik_m
05-12-2025, 09:36 AM
Trump Tariffs Begin to Weigh on U.S. Farm Economy
...
Crop traders and processors have been among the hardest-hit. Archer-Daniels-Midland Co. and Bunge Global SA saw their combined operating profits slump by about $750 million in the first quarter, with both companies citing an impact from trade and biofuel policy uncertainty.
Importers put off purchases of U.S. grain and oilseeds as Trump threatened tariffs as well as levies on any Chinese vessels docking at American ports, reducing trade flows, according to crop merchant the Andersons.
...
Tractor makers CNH Industrial NV and AGCO Corp. also reported lower first-quarter sales, and warned of the possibility of reduced demand for farmers, potentially giving them less to spend on machines to plant, harvest and treat their fields. Both companies have raised prices to ease the impact of tariffs on costs.
“Geopolitical uncertainties and trade frictions have dampened U.S. farmer sentiment recently,” AGCO CEO Eric Hansotia said during a conference call with analysts. “As a result, demand for machinery was lower in the quarter than we had expected.”
...
Farmers are expected to pay more for pesticides as the U.S. relies on tariff-hit countries such as China and India for some of its supplies. Nutrien Ltd. said its branded products could potentially cost as much as 7.5% more, with even higher adjustments expected for generic ingredients.
“Long story short is, we’re going to see price increases,” Jeff Tarsi, Nutrien’s president of global retail, said on a Thursday call. “Our plan is to pass those price increases through to our customers.”
...
Brazil is emerging as a winner from the trade tensions. Minerva SA said tariff turmoil drove increased Chinese demand and higher export prices for South American beef in the first quarter, helping lift profits for the Brazilian supplier. Meanwhile, China has effectively shut its market for U.S. meat exporters, including Smithfield Foods.
...
https://miroww.com/trump-tariffs-begin-to-weigh-on-u-s-farm-economy/
velik_m
05-12-2025, 09:39 AM
Trump promised U.S. dominance. Instead, energy companies are faltering.
President Donald Trump promised to unleash an energy renaissance that would lock in U.S. dominance over oil and gas. But that is not how things are working out for America’s drillers, fracking firms and equipment suppliers, including the company founded by Trump’s own energy secretary.
The market value of Liberty Energy has fallen by nearly half since its former CEO, Chris Wright, joined Trump’s Cabinet. The company reports it is among many in the industry struggling with the challenges heightened by Trump’s agenda, including “tariff impacts, geopolitical tensions, and oil supply concerns.”
...
President Donald Trump promised to unleash an energy renaissance that would lock in U.S. dominance over oil and gas. But that is not how things are working out for America’s drillers, fracking firms and equipment suppliers, including the company founded by Trump’s own energy secretary.
The market value of Liberty Energy has fallen by nearly half since its former CEO, Chris Wright, joined Trump’s Cabinet. The company reports it is among many in the industry struggling with the challenges heightened by Trump’s agenda, including “tariff impacts, geopolitical tensions, and oil supply concerns.”
...
Oil is not the only corner of the energy industry struggling. The president’s policies imperil major clean power projects designed to help address the very energy shortages that moved Trump to declare a national energy emergency. Trump’s order to halt all regulatory approvals for wind farms on his first day in office is causing projects to be delayed and abandoned. Offshore wind projects were hit particularly hard because the administration controls approvals in federal coastal waters.
Trump also froze billions of dollars in grants to other clean energy projects, leading to the cancellation of planned factories in the U.S. that would manufacture solar cells and industrial-scale batteries that store solar and wind power. They are components data center builders say are crucial to providing the needed power to beat China in artificial intelligence development.
...
https://www.msn.com/en-us/money/markets/trump-promised-us-dominance-instead-energy-companies-are-faltering/ar-AA1Ew6KQ
velik_m
05-12-2025, 02:04 PM
Trump might claim China tariff victory – but this is Capitulation Day
...
If Trump is indeed ready to give in even with Beijing, it sends a signal that some of the other aggressive aspects of his trade policy may be negotiable.
What Bessent and his Chinese counterparts have not erased, however, is the corrosive uncertainty that has gripped investors across the global economy since Trump’s “Liberation Day” tariff announcement.
China tariffs have only been slashed temporarily, for now and many other countries are still awaiting negotiations on where their tariff levels will end up, after that other 90-day pause, on Trump’s “reciprocal” levies, due to end in July.
Meanwhile, companies throughout the global trading system are left wondering which particular iteration of the policy is likely to stick, and may well be tempted to continue working around the US, where possible.
And with 30% tariffs remaining on Chinese exports to the US, the bigger picture remains of two great economic powers pulling apart.
https://www.theguardian.com/us-news/2025/may/12/trump-china-tariff-victory-capitulation-day
For what?
What does pushback mean?
Price controls?
:lol
Read the news today. The ball is rolling now. :toast
Blake
05-12-2025, 02:58 PM
Read the news today. The ball is rolling now. :toast
Give the summary.
Give the summary.
The 90-Day Truce: What the U.S.-China Trade Deal Really Means
Markets cheer, critics scoff—but this deal gives America room to maneuver.
On May 12, 2025, after months of economic whiplash and geopolitical tension, Washington and Beijing declared a ceasefire in the tariff war that has defined this administration’s return to power. Announced from Geneva—neutral ground, as ever—the new U.S.-China trade deal slashes tariffs for 90 days, installs a consultation mechanism, and, in theory, hits pause on a decoupling that looked increasingly irreversible.
Wall Street rejoiced. Stocks soared. The dollar surged. Gold fell. And, predictably, market analysts dusted off their thesauruses to hail the deal as “better than expected,” “workable,” even a “dream scenario.” Behind the headlines lies a practical achievement: not a final settlement, but a meaningful shift—one that signals renewed economic engagement between the world’s two largest economies.
The Terms: A Breath, With Strategic Intent
The core of the deal is numerical: the U.S. reduces tariffs on Chinese imports from a punishing 145% to 30%, with a 20% fentanyl-related tariff remaining in place. China responds by cutting its retaliatory tariffs from 125% to 10%. A consultation platform is established—an institutional step toward more predictable, rules-based engagement.
While it’s true that thornier issues like subsidies and tech transfer remain unresolved, this agreement is no mere “pause.” It’s a tactical move that restores leverage and sets the stage for more serious negotiations. Treasury Secretary Scott Bessent made clear: this is not about capitulation, but stability.
The new framework reflects the Trump administration’s pragmatic turn—firm on principle, flexible in execution. It’s a move that reassures allies and cools inflation at home, without giving away the store.
Wall Street Cheers—and Sees a Path Forward
Markets, ever hungry for clarity, reacted with enthusiasm. The S&P 500 jumped. Maersk soared 12%. Tech stocks surged. The dollar rose. The volatility index (VIX) dropped significantly, suggesting that investors now see risk as manageable, not existential.
Jordan Rochester of Mizuho called it a reversal of the “Sell America” narrative. That sentiment matters. After years of doubts about the resilience of U.S. leadership, this deal sends a message: America remains the indispensable economy.
And for working Americans, the benefits are tangible. With tariffs cut, prices on everyday goods—from clothes to electronics—are likely to fall. That’s a direct win for families navigating a tough inflationary stretch.
A Political and Strategic Win
For President Trump, this is not just good optics—it’s good statecraft. After months of tough posturing, he secured a deal that gives both sides room to breathe. He did so without abandoning his nationalist trade instincts or caving to elite pressure. That’s not easy. And it’s not nothing.
Critics may argue that cutting tariffs first looks like a blink. But that misses the point. The U.S. retains its key fentanyl tariffs. It still holds unmatched consumer leverage. And it now has a formal mechanism to press harder on structural issues—without the chaos of brinkmanship.
This isn’t retreat. It’s repositioning. And it’s smart.
What’s Really Going On?
The deal reflects hard economic realities on both sides. The U.S. economy needed relief from inflationary pressures. China, facing a slowdown and rising global isolation, needed access to markets. This agreement is mutual self-interest, not weakness.
More importantly, it acknowledges that full-scale decoupling isn’t in either nation’s interest. Strategic competition will continue. But this deal shows that diplomacy and pressure can coexist—that the U.S. can drive a hard bargain without burning bridges.
The Clock Is Ticking
The 90-day window is short. If follow-through falters, tariffs could return. But the establishment of a standing consultation mechanism increases the odds of sustained engagement. It’s a small but significant institutional foothold.
And while the broader trend of strategic decoupling hasn’t ended, this deal carves out space to manage it—smartly, and without economic self-harm.
Final Word
The U.S.-China deal of May 2025 is a clear win—not just for markets, but for the administration’s trade strategy. It eases pressure on consumers, reassures investors, and proves that tough tactics can lead to meaningful engagement.
It’s not a final chapter. But it’s a well-played move in a long game. And for now, the United States is writing the next page on its own terms.
https://quantus.substack.com/p/the-90-day-truce-what-the-us-china?r=42r82k&utm_campaign=post&utm_medium=web&triedRedirect=true
ChumpDumper
05-12-2025, 04:46 PM
Read the news today. The ball is rolling now. :toast
Yeah, I saw that he wants to make drugs more expensive overseas to match the prices in the US. :lmao
ChumpDumper
05-12-2025, 04:47 PM
The 90-Day Truce: What the U.S.-China Trade Deal Really Means
Markets cheer, critics scoff—but this deal gives America room to maneuver.
On May 12, 2025, after months of economic whiplash and geopolitical tension, Washington and Beijing declared a ceasefire in the tariff war that has defined this administration’s return to power. Announced from Geneva—neutral ground, as ever—the new U.S.-China trade deal slashes tariffs for 90 days, installs a consultation mechanism, and, in theory, hits pause on a decoupling that looked increasingly irreversible.
Wall Street rejoiced. Stocks soared. The dollar surged. Gold fell. And, predictably, market analysts dusted off their thesauruses to hail the deal as “better than expected,” “workable,” even a “dream scenario.” Behind the headlines lies a practical achievement: not a final settlement, but a meaningful shift—one that signals renewed economic engagement between the world’s two largest economies.
The Terms: A Breath, With Strategic Intent
The core of the deal is numerical: the U.S. reduces tariffs on Chinese imports from a punishing 145% to 30%, with a 20% fentanyl-related tariff remaining in place. China responds by cutting its retaliatory tariffs from 125% to 10%. A consultation platform is established—an institutional step toward more predictable, rules-based engagement.
While it’s true that thornier issues like subsidies and tech transfer remain unresolved, this agreement is no mere “pause.” It’s a tactical move that restores leverage and sets the stage for more serious negotiations. Treasury Secretary Scott Bessent made clear: this is not about capitulation, but stability.
The new framework reflects the Trump administration’s pragmatic turn—firm on principle, flexible in execution. It’s a move that reassures allies and cools inflation at home, without giving away the store.
Wall Street Cheers—and Sees a Path Forward
Markets, ever hungry for clarity, reacted with enthusiasm. The S&P 500 jumped. Maersk soared 12%. Tech stocks surged. The dollar rose. The volatility index (VIX) dropped significantly, suggesting that investors now see risk as manageable, not existential.
Jordan Rochester of Mizuho called it a reversal of the “Sell America” narrative. That sentiment matters. After years of doubts about the resilience of U.S. leadership, this deal sends a message: America remains the indispensable economy.
And for working Americans, the benefits are tangible. With tariffs cut, prices on everyday goods—from clothes to electronics—are likely to fall. That’s a direct win for families navigating a tough inflationary stretch.
A Political and Strategic Win
For President Trump, this is not just good optics—it’s good statecraft. After months of tough posturing, he secured a deal that gives both sides room to breathe. He did so without abandoning his nationalist trade instincts or caving to elite pressure. That’s not easy. And it’s not nothing.
Critics may argue that cutting tariffs first looks like a blink. But that misses the point. The U.S. retains its key fentanyl tariffs. It still holds unmatched consumer leverage. And it now has a formal mechanism to press harder on structural issues—without the chaos of brinkmanship.
This isn’t retreat. It’s repositioning. And it’s smart.
What’s Really Going On?
The deal reflects hard economic realities on both sides. The U.S. economy needed relief from inflationary pressures. China, facing a slowdown and rising global isolation, needed access to markets. This agreement is mutual self-interest, not weakness.
More importantly, it acknowledges that full-scale decoupling isn’t in either nation’s interest. Strategic competition will continue. But this deal shows that diplomacy and pressure can coexist—that the U.S. can drive a hard bargain without burning bridges.
The Clock Is Ticking
The 90-day window is short. If follow-through falters, tariffs could return. But the establishment of a standing consultation mechanism increases the odds of sustained engagement. It’s a small but significant institutional foothold.
And while the broader trend of strategic decoupling hasn’t ended, this deal carves out space to manage it—smartly, and without economic self-harm.
Final Word
The U.S.-China deal of May 2025 is a clear win—not just for markets, but for the administration’s trade strategy. It eases pressure on consumers, reassures investors, and proves that tough tactics can lead to meaningful engagement.
It’s not a final chapter. But it’s a well-played move in a long game. And for now, the United States is writing the next page on its own terms.
https://quantus.substack.com/p/the-90-day-truce-what-the-us-china?r=42r82k&utm_campaign=post&utm_medium=web&triedRedirect=true
It's repositioning by retreating.
:bobo
Blake
05-12-2025, 05:06 PM
The 90-Day Truce: What the U.S.-China Trade Deal Really Means
Markets cheer, critics scoff—but this deal gives America room to maneuver.
On May 12, 2025, after months of economic whiplash and geopolitical tension, Washington and Beijing declared a ceasefire in the tariff war that has defined this administration’s return to power. Announced from Geneva—neutral ground, as ever—the new U.S.-China trade deal slashes tariffs for 90 days, installs a consultation mechanism, and, in theory, hits pause on a decoupling that looked increasingly irreversible.
Wall Street rejoiced. Stocks soared. The dollar surged. Gold fell. And, predictably, market analysts dusted off their thesauruses to hail the deal as “better than expected,” “workable,” even a “dream scenario.” Behind the headlines lies a practical achievement: not a final settlement, but a meaningful shift—one that signals renewed economic engagement between the world’s two largest economies.
The Terms: A Breath, With Strategic Intent
The core of the deal is numerical: the U.S. reduces tariffs on Chinese imports from a punishing 145% to 30%, with a 20% fentanyl-related tariff remaining in place. China responds by cutting its retaliatory tariffs from 125% to 10%. A consultation platform is established—an institutional step toward more predictable, rules-based engagement.
While it’s true that thornier issues like subsidies and tech transfer remain unresolved, this agreement is no mere “pause.” It’s a tactical move that restores leverage and sets the stage for more serious negotiations. Treasury Secretary Scott Bessent made clear: this is not about capitulation, but stability.
The new framework reflects the Trump administration’s pragmatic turn—firm on principle, flexible in execution. It’s a move that reassures allies and cools inflation at home, without giving away the store.
Wall Street Cheers—and Sees a Path Forward
Markets, ever hungry for clarity, reacted with enthusiasm. The S&P 500 jumped. Maersk soared 12%. Tech stocks surged. The dollar rose. The volatility index (VIX) dropped significantly, suggesting that investors now see risk as manageable, not existential.
Jordan Rochester of Mizuho called it a reversal of the “Sell America” narrative. That sentiment matters. After years of doubts about the resilience of U.S. leadership, this deal sends a message: America remains the indispensable economy.
And for working Americans, the benefits are tangible. With tariffs cut, prices on everyday goods—from clothes to electronics—are likely to fall. That’s a direct win for families navigating a tough inflationary stretch.
A Political and Strategic Win
For President Trump, this is not just good optics—it’s good statecraft. After months of tough posturing, he secured a deal that gives both sides room to breathe. He did so without abandoning his nationalist trade instincts or caving to elite pressure. That’s not easy. And it’s not nothing.
Critics may argue that cutting tariffs first looks like a blink. But that misses the point. The U.S. retains its key fentanyl tariffs. It still holds unmatched consumer leverage. And it now has a formal mechanism to press harder on structural issues—without the chaos of brinkmanship.
This isn’t retreat. It’s repositioning. And it’s smart.
What’s Really Going On?
The deal reflects hard economic realities on both sides. The U.S. economy needed relief from inflationary pressures. China, facing a slowdown and rising global isolation, needed access to markets. This agreement is mutual self-interest, not weakness.
More importantly, it acknowledges that full-scale decoupling isn’t in either nation’s interest. Strategic competition will continue. But this deal shows that diplomacy and pressure can coexist—that the U.S. can drive a hard bargain without burning bridges.
The Clock Is Ticking
The 90-day window is short. If follow-through falters, tariffs could return. But the establishment of a standing consultation mechanism increases the odds of sustained engagement. It’s a small but significant institutional foothold.
And while the broader trend of strategic decoupling hasn’t ended, this deal carves out space to manage it—smartly, and without economic self-harm.
Final Word
The U.S.-China deal of May 2025 is a clear win—not just for markets, but for the administration’s trade strategy. It eases pressure on consumers, reassures investors, and proves that tough tactics can lead to meaningful engagement.
It’s not a final chapter. But it’s a well-played move in a long game. And for now, the United States is writing the next page on its own terms.
https://quantus.substack.com/p/the-90-day-truce-what-the-us-china?r=42r82k&utm_campaign=post&utm_medium=web&triedRedirect=true
A text wall? No way, never saw that coming.
Yeah, I saw that he wants to make drugs more expensive overseas to match the prices in the US. :lmao
No, he wants to lower prices here and raise them overseas so that they are in better balance. Kinda sad that you seem to be against that.
Blake
05-12-2025, 08:47 PM
No, he wants to lower prices here and raise them overseas so that they are in better balance. Kinda sad that you seem to be against that.
You mean like he lowered them the first time he was president?
You mean like he lowered them the first time he was president?
For better or worse, he's been more aggressive with his policies on just about everything in this term. I want to see it play out. Any progress would be welcome.
Blake
05-12-2025, 09:00 PM
For better or worse, he's been more aggressive with his policies on just about everything in this term. I want to see it play out. Any progress would be welcome.
Yeah I would love to see any signs of progress too considering how much he's fucked things up so far. And we're barely more than 100 days in.
ChumpDumper
05-12-2025, 09:15 PM
No, he wants to lower prices here and raise them overseas so that they are in better balance. Kinda sad that you seem to be against that.
How is he going to do that?
He did fuck all about drug prices last time. Effectively raised them.
ChumpDumper
05-12-2025, 09:16 PM
For better or worse, he's been more aggressive with his policies on just about everything in this term. I want to see it play out. Any progress would be welcome.Great.
How?
Since you're pro-Trump, let ius all know how he's going to do it.
Price controls?
Tariffs?
velik_m
05-12-2025, 11:41 PM
Nvidia reportedly raises GPU prices by 10-15% as manufacturing costs surge — tariffs and TSMC price hikes filter down to retailers
A new report claims that Nvidia has recently raised the official prices of nearly all of its products to combat the impact of tariffs and surging manufacturing costs on its business, with gaming graphics cards receiving a 5 to 10% hike while AI GPUs see up to a 15% increase.
As reported by Digitimes Taiwan (translated), Nvidia is facing "multiple crises," including a $5.5 billion hit to its quarterly earnings over export restrictions on AI chips, including a ban on sales of its H20 chips to China.
Digitimes reports that CEO Jensen Huang has been "shuttling back and forth" between the US and China to minimize the impact of tariffs, and that "in order to maintain stable profitability," Nvidia has reportedly recently raised official prices for almost all its products, allowing its partners to increase prices accordingly.
...
https://www.tomshardware.com/pc-components/gpus/nvidia-reportedly-raises-gpu-prices-by-10-15-percent-as-manufacturing-costs-surge-tariffs-and-tsmc-price-hikes-filter-down-to-retailers
sickdsm
05-13-2025, 01:01 AM
https://miroww.com/trump-tariffs-begin-to-weigh-on-u-s-farm-economy/
Fake news. Ag salesman we're telling me early last summer that sales were struggling. The only sales were to livestock guys. Price was in the tank already.
Blake
05-13-2025, 01:41 AM
Fake news. Ag salesman we're telling me early last summer that sales were struggling. The only sales were to livestock guys. Price was in the tank already.
Muh anecdotes
Lol from maga aggie sports message boards
Winehole23
05-13-2025, 05:31 AM
For better or worse, he's been more aggressive with his policies on just about everything in this term. I want to see it play out. Any progress would be welcome.Instead of negotiating with drug companies directly to lower prices, Trump's asking the rest of the world -- in exchange for nothing -- not to negotiate drug prices.
What's the path to lower prices here?
sickdsm
05-13-2025, 06:06 AM
Muh anecdotes
Lol from maga aggie sports message boards
Do some research you fvcking tool. The AGCO CEO and the story ignore the facts that the struggle was happening last year.
(NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, reported net sales of $2.9 billion for the fourth quarter of 2024, a decrease of 24.0% compared to the fourth quarter of 2023. Reported net loss was $(3.42) per share for the quarter, which includes impairment charges and restructuring and business optimization expenses, and adjusted net income(1) was $1.97 per share. These results compare to reported net income of $4.53 per share and adjusted net income(1) of $3.78 per share, for the fourth quarter of 2023. Excluding unfavorable currency translation impacts of 1.8%, net sales in the quarter decreased 22.2% compared to the fourth quarter of 2023.
Blake
05-13-2025, 08:21 AM
Do some research you fvcking tool. The AGCO CEO and the story ignore the facts that the struggle was happening last year.
(NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, reported net sales of $2.9 billion for the fourth quarter of 2024, a decrease of 24.0% compared to the fourth quarter of 2023. Reported net loss was $(3.42) per share for the quarter, which includes impairment charges and restructuring and business optimization expenses, and adjusted net income(1) was $1.97 per share. These results compare to reported net income of $4.53 per share and adjusted net income(1) of $3.78 per share, for the fourth quarter of 2023. Excluding unfavorable currency translation impacts of 1.8%, net sales in the quarter decreased 22.2% compared to the fourth quarter of 2023.
Ok so add to that how the tariffs are hurting them even further. Is that it?
A text wall? No way, never saw that coming.
Blake asks for a summary.
Blake receives a summary.
Blake refuses to read summary.
Blake continues to argue from ignorance.
No way, never saw that coming.
Fake news. Ag salesman we're telling me early last summer that sales were struggling. The only sales were to livestock guys. Price was in the tank already.
Are you telling me you don't get your up to date and accurate Ag information from the coding enthusiasts at miroww.com?
"At Miroww.com, we specialize in untangling the complexities of syntax errors across programming languages. Our mission is to empower developers, both beginners and seasoned professionals, with the knowledge and tools needed to identify, understand, and resolve syntax errors effectively."
Blake
05-13-2025, 10:30 AM
Blake asks for a summary.
Blake receives a summary.
Blake refuses to read summary.
Blake continues to argue from ignorance.
No way, never saw that coming.
:lol ChumpDumper gave a summary. You gave a text wall. You can't do summaries. You're mentally incapable.
Blake
05-13-2025, 10:30 AM
Are you telling me you don't get your up to date and accurate Ag information from the coding enthusiasts at miroww.com?
"At Miroww.com, we specialize in untangling the complexities of syntax errors across programming languages. Our mission is to empower developers, both beginners and seasoned professionals, with the knowledge and tools needed to identify, understand, and resolve syntax errors effectively."
Where do you get your up to date information from?
"Beijing is “evaluating” an offer from the US to engage in trade negotiations, the Chinese government has said, a week after Donald Trump claimed talks were already under way.
China’s commerce ministry said on Friday: “The US has recently taken the initiative on many occasions to convey information to China through relevant parties, saying it hopes to talk with China.”
https://www.theguardian.com/us-news/2025/may/02/china-evaluating-us-offer-to-engage-in-trade-negotiations
It's Trump with the begging. You're an idiot if you think it's the other way around.
https://x.com/zerohedge/status/1922299362824110437
Blake Cramer :lol
ChumpDumper
05-13-2025, 11:20 AM
Trump only mostly surrendered!
velik_m
05-13-2025, 12:45 PM
Why aren't Americans filling the manufacturing jobs we already have?
President Trump has been upending the global economy in the name of bringing manufacturing back. President Joe Biden signed into law massive investments aimed at doing something similar. The American manufacturing sector is reviving after decades of decay.
But there's something a bit weird undercutting this movement to reshore factory jobs: American manufacturers say they are struggling to fill the jobs they already have.
According to data from the Bureau of Labor Statistics, there are nearly half a million open manufacturing jobs right now.
Last year, the Manufacturing Institute, a non-profit aimed at developing America's manufacturing workforce, and Deloitte, a consultancy firm, surveyed more than 200 manufacturing companies. More than 65% percent of the firms said recruiting and retaining workers was their number one business challenge.
...
https://www.npr.org/sections/planet-money/2025/05/13/g-s1-66112/why-arent-americans-filling-the-manufacturing-jobs-we-already-have
sickdsm
05-13-2025, 01:20 PM
Ok so add to that how the tariffs are hurting them even further. Is that it?
Ancedotes good when it's a orange man bad hack story but not good when it's straight from the trenches? You're going to lose your shit when I tell you the fear of tariffs led to a spike in ag equipment sales earlier this year. Oh wait, do you need to find a BuzzFeed like source for that? I
Blake
05-13-2025, 03:25 PM
Ancedotes good when it's a orange man bad hack story but not good when it's straight from the trenches? You're going to lose your shit when I tell you the fear of tariffs led to a spike in ag equipment sales earlier this year. Oh wait, do you need to find a BuzzFeed like source for that? I
Anecdotes are rarely ever good as evidence.
velik_m
05-14-2025, 11:07 AM
Softbank Stargate Venture With OpenAI Snags on Tariff Fears
SoftBank Group Corp.’s plans to invest $100 billion in artificial intelligence infrastructure in the US have slowed, with economic risks stemming from Washington’s tariffs holding up financing talks.
SoftBank founder Masayoshi Son and OpenAI co-founder Sam Altman unveiled the Stargate project in January with promises to begin deploying $100 billion “immediately” and raise that to around $500 billion over time. But more than three months later, SoftBank has yet to develop a project financing template or begin detailed discussions with banks, private equity investors and asset managers.
Preliminary talks with dozens of lenders and alternative asset managers — from Mizuho to JPMorgan to Apollo Global Management to Brookfield Asset Management — kicked off earlier this year. But no deals have ensued, as financiers reassess data centers in the wake of growing economic volatility and cheaper AI services, according to people familiar with the matter, who asked not to be named as the information is not public.
President Donald Trump’s aggressive trade policies have thrown a wrench into financial projections for AI. Higher capital costs — with lenders and debt investors shunning high-risk bets — and fears about how a possible global recession might sap data center demand are bogging down discussions, the people said. That’s despite resilience in AI-related demand across tech earnings in the March quarter and what some of the people described as keen interest in Stargate from investors.
Complicating matters is the emergence of a flurry of cheaper AI models — such as Chinese startup DeepSeek’s — and questions over how they might affect long-term profitability of projects linked to OpenAI.
...
https://www.bloomberg.com/news/articles/2025-05-12/softbank-stargate-venture-with-openai-hits-snags-on-tariff-fears
velik_m
05-15-2025, 01:51 PM
Walmart warns it will raise prices because of tariffs
Walmart, the world’s largest retailer, said President Donald Trump’s tariffs are “too high” and it will raise prices on some items as Trump’s global trade war increases the company’s costs.
“We will do our best to keep our prices as low as possible. But given the magnitude of the tariffs, even at the reduced levels announced this week, we aren’t able to absorb all the pressure given the reality of narrow retail margins,” Walmart CEO Doug McMillon said Thursday on an earnings call.
“The higher tariffs will result in higher prices,” he said.
Tariffs on China are raising costs on electronics and toys, McMillon said, and some food costs are going up from tariffs on Costa Rica, Peru and Colombia.
The price hikes will begin later this month.
“I’m concerned that consumer is going to start seeing higher prices. You’ll begin to see that, likely towards the tail end of this month, and then certainly much more in June,” Walmart finance chief John David Rainey said in an interview with CNBC Thursday.
...
https://edition.cnn.com/2025/05/15/business/walmart-prices-tariffs
velik_m
05-15-2025, 02:03 PM
Fed’s Powell cautions about higher long-term rates as ‘supply shocks’ provide policy challenges
Federal Reserve Chair Jerome Powell said Thursday that longer-term interest rates are likely to be higher as the economy changes and policy is in flux.
In remarks that focused on the central bank’s policy framework review, last done in the summer of 2020, Powell noted that conditions have changed significantly over the past five years.
During the period, the Fed witnessed a period of surging inflation, pushing it to historically aggressive interest rate hikes. Powell said that even with longer-term inflation expectations largely in line with the Fed’s 2% target, the era of near-zero rates is not likely to return anytime soon.
“Higher real rates may also reflect the possibility that inflation could be more volatile going forward than in the inter-crisis period of the 2010s,” Powell said in prepared remarks for the Thomas Laubach Research Conference in Washington, D.C. “We may be entering a period of more frequent, and potentially more persistent, supply shocks — a difficult challenge for the economy and for central banks.”
...
https://www.cnbc.com/2025/05/15/feds-powell-cautions-about-higher-long-term-rates-as-supply-shocks-provide-policy-challenges.html
What could be causing these supply shocks?
Blake
05-15-2025, 02:36 PM
https://edition.cnn.com/2025/05/15/business/walmart-prices-tariffs
But hey there's some pharmaceutical company promising to build a factory here which will do nothing for higher prices so at least there's that.
Why would anybody plan to move a manufacturing plant which will take years to become operation when tariffs policies are improvised on a day to day basis
https://x.com/USDOL/status/1923450660017623353
:lol
https://x.com/USDOL/status/1923450660017623353
:lol
it sounds like a lot of this was already going to happen regardless of Trump's few months in office. I'll still give him a win for some of it though.
Blake
05-16-2025, 04:03 PM
https://x.com/USDOL/status/1923450660017623353
:lol
So you want a manufacturing job.
Spurs Homer
05-16-2025, 05:00 PM
Every “W” is always…some “future announcement” worth gazillions of dollas!
until years later we find out it was propaganda…
just ask those wisconsinites…about “dat foxconn” promise….
hahahahahahaha!
tsa is the biggest sucker on the planet!
and that is saying a lot when you remember there are 77 million cultists….
Winehole23
05-16-2025, 07:35 PM
https://cdn.bsky.app/img/feed_fullsize/plain/did:plc:o635ryg5viy22e5jjk56dlfe/bafkreig573r43pu662t3ux6c73anue4nztq2djpx33qvuawwv bbn2jtxgi@jpeg
Blake
05-16-2025, 07:47 PM
https://cdn.bsky.app/img/feed_fullsize/plain/did:plc:o635ryg5viy22e5jjk56dlfe/bafkreig573r43pu662t3ux6c73anue4nztq2djpx33qvuawwv bbn2jtxgi@jpeg
And what American would even want those jobs these days? This isn't 1945.
Winehole23
05-16-2025, 07:56 PM
And what American would even want those jobs these days? This isn't 1945.Other countries buying US-based services -- our number one export, in a sense -- isn't a ripoff either
https://www.bea.gov/system/files/is-10-2024-chart.png
Blake
05-16-2025, 08:23 PM
KEEP THOSE HIGHLY COVETED CALL CENTER JOBS HERE
Winehole23
05-16-2025, 08:23 PM
Senile, or just ignorant?
https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:btj7htumgboprmobfodhw7wu/bafkreic5cq2jcoo2lret3aer3lnnqqvi7oz66mxoiouj225li 2lu3xcjtq@jpeg
Blake
05-16-2025, 08:54 PM
145% tariffs on Wakanda!
Winehole23
05-17-2025, 09:17 AM
Trump fucked up Texas businesses, who will pass the costs to us
Nearly 60% of Texas business owners say the Trump administration’s back-and-forth on tariffs, a tax on imported goods, has already harmed their business, recent survey results by the Federal Reserve Bank of Dallas show.
The constant change in policies has made it more difficult for businesses to plan ahead, forcing them to put off hiring and investing.
“Tariffs keep changing, so it's hard to make decisions right now,” one business owner told the Dallas Fed.
Once those tariffs are in full swing, a majority of business owners said they expect the new levies to bite into profits, raise costs for businesses, and harm their business in the long run. More than 75% said they would pass increased costs from tariffs on to the consumer. Most said they’d do so within three months of tariffs taking effect.
https://www.texastribune.org/2025/05/16/texas-businesses-donald-trump-tariffs/
Winehole23
05-17-2025, 09:59 AM
Trump unilaterally raised Walmart's cost of doing business, now Trump wants to bully Walmart over raising their prices and explaining why
https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:6m7rbdgaz5vyg4bnbefi7kh6/bafkreialwvcdcxm5ev2r2q5e27dnqp6anvmntbvio4r2yegu4 lbpdyxlre@jpeg
Winehole23
05-17-2025, 10:14 AM
you should make LESS profit to avoid damaging me politically and avoid being honest with your customers
Winehole23
05-17-2025, 10:22 AM
(Walmart's 2024 profit margin was ~25% -- not enough to cover the 30% tariff on Chinese goods)
https://www.wsj.com/market-data/quotes/WMT/financials/annual/income-statement
Winehole23
05-17-2025, 12:32 PM
when the political leader tells businesses what they can charge and what they can say
that's capitalism, right?
Blake
05-17-2025, 03:12 PM
when the political leader tells businesses what they can charge and what they can say
that's capitalism, right?
The quietness from Trump tards in here lately is loud.
koriwhat
05-17-2025, 07:25 PM
Trump fucked up Texas businesses, who will pass the costs to us
https://www.texastribune.org/2025/05/16/texas-businesses-donald-trump-tariffs/
Hasn't harmed mine in the least. Supplies have yet to go up so I'm still golden!
koriwhat
05-17-2025, 07:27 PM
What i don't see you crying about WH is the fact that Walmart was Made in America until billy boy and the rest of the dipshits allowed China to buttfuck everyone. You cry way too much Bouts 2.0.
Winehole23
05-17-2025, 07:28 PM
(fuck y'all, I'm good)
Winehole23
05-17-2025, 07:30 PM
What i don't see you crying about WH is the fact that Walmart was Made in America until billy boy and the rest of the dipshits allowed China to buttfuck everyone. You cry way too much Bouts 2.0.I was a libertarian shithead, I was against NAFTA
subsequent events overtook my opinion completely
koriwhat
05-17-2025, 07:32 PM
I was a libertarian shithead, I was against NAFTA
the world overran my opinion
Again, why aren't you upset walmart turned their backs on Americans? As well, libertarians are clowns just like their tranny leader. Clowns!
ChumpDumper
05-17-2025, 09:19 PM
Wait, businesses have a responsibility to Americans?
Winehole23
05-18-2025, 06:15 AM
Again, why aren't you upset walmart turned their backs on Americans? As well, libertarians are clowns just like their tranny leader. Clowns!I believe I'm the poster who most recently pointed out that China didn't steal our jobs; rich people sent them there to make a little more money.
Winehole23
05-18-2025, 06:16 AM
(lol banging on about trannies, who the hell are you talking about?)
:lol
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