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You don't understand the Chinese economy---
Trump's s worldwide tariff's strike at the core of Chinese exporters' two main strategies to blunt
the impact of trade war: moving some production abroad and increasing sales to non-U.S. markets.
The sweeping tariffs could deal a lasting blow to global demand.
China is more exposed to the risk of shrinking world commerce than any other nation,
with economic growth last year relying heavily on running a trillion-dollar trade surplus.
Kaiyuan Securities expects the new tariffs could slash Chinese exports to the United States by 30%,
cut overall exports by more than 4.5%, and drag economic growth by 1.3 percentage points.
Republican vs Democrat
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The stages in a Trump deal:
1. Lie about something being a problem
2. Do something to "fix" it, which causes an actual problem
3. Say you won't reverse what you've done
4. Reverse what you've done
5. Say "Art of the deal"Leave a comment:
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No, you don't understand my point. China is not taking Trump's bluff. Trump can't do anything to them as they have no elections so he can force a regime change. Why would China back down on tariffs as it only hurts the US? Last time Trump put tariffs on China he had to bail out the farmers with subsidies as they couldn't sell their soybeans and pork to China.Leave a comment:
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The judge wasn't following the law. He's a political activist. At least in this instance. SCOTUS did good.Leave a comment:
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Neither should matter, what the constitution says is all that SHOULD MATTER. But we all know the GOP don't care as long as they get their way. No matter what you or I think should be done. They should follow the law. Or change it thru congress.Leave a comment:
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shameful
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He should be in prison for insider trading and market manipulation. But I like that China is fighting back with more tariffs as they have nothing to lose. No 401ks in China as the party controls everything and no danger of midterms.😂 1👍 1Leave a comment:
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Rogue judges aren't happy today.
BREAKING: The U.S. House passes HR 1526, curbing the power of district court judges to issue nationwide injunctions against presidential policies—aimed at restraining judicial overreach.Leave a comment:
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anyone that knows anything about stock market has heard terms such as "Buy low sell high" or "now is great time because they are on sale". Everyone has been saying it for the last few days as well. Expect the radical Lefties who were cheering for it to keep dropping so they could continue to blame Trump.
But of course, you cult members who always accuse others of being in a cult, lost your collective minds when they market dipped, like its done for decades. Now, a few short days later, you all look foolish once again. Now comes the spin and the excuses.
If anything, y'all are consistent AF. Consistent and predictable.
Last edited by DwightShrute; 04-09-25, 07:32 PM.👍 1Leave a comment:
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Don't believe anything. When a clown moves into the palace it becomes a circus. They say Trump is "negotiating" a deal but he needs to rake 5 trillion from the people's 401k to do it. They said today Trump broke another record. He is the fastest president to take a US economy into recession. He dropped the stock market by 25% in just 3 days. What a guy! The gift that keeps on giving!
Nice spin there. This is the worst rapid freefall since the Great Depression. Worse than COVID, which at least had a reason that wasn't 100% presidentially self-induced. And the market is simply predicting the odds of future fall in economic activity due to the current policies. It will be followed by recession or depression. Unless Trump decided to reverse course. Very easy. Still has some time before he self-induced recession or depression.
But this just goes to show that you will excuse anything with Trump. Anything. He can do no wrong in the eyes of his Cultists.
On April 9, 2025, the Dow Jones Industrial Average (DJIA) experienced its largest one-day point gain ever, surging by 2,962.86 points, or 7.9%, to close at 40,608.45.
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More good news from the Communistic, Leftist fake news.
Georgia doctor's $30 million defamation suit against NBC settled in court
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Folks, this whole tariff nonsense is not at all about a genuine economic policy.
Have you seen what he's been doing to the large law firms (and universities)?
Threatening retribution unless they come to the party with loyalty pledges and significant pro-bono deals for his administration.
This tariff thing is simply just another shakedown operation.
He's looking to the major industries/firms which would be affected to come to the table and make deals to contribute to his campaign/administration in exchange for relief.
In the meantime those insiders in the know are buying up big on the stockmarket's huge falls and will book large gainswhen the deals are struck.Leave a comment:
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And 4 hours later he announces a pause in his reciprocal tariffs.
In ordinary times this would be recognised as a serious crime.😂 2Leave a comment:
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