We can move a lot of manufacturing back here, but the cost will go up. Stuff wont be cheap. In some ways we will be returning to the economy of the 1950's and 1960's
OT: Stock and Investment Thread
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well as Grasso said on a recent Fast Money, once you admit it's a negotiation, you lose leverage.
If one of these deadbeat nations said we want no tariffs on our goods so won't tax yours Trump would agree to that in a nano second. They won't do that though. Many of these nations, especially in Europe and beyond, and addicted to our money.
Manufacturing costs are going up. Once a country like like China evolves so do the costs. I know a number of people moving manufacturing to Vietnam now. That's the latest hotspot, which won't last long. Then it will be somewhere else.
America can't just be a place of ideas. We need to make things mostly because we do it better. If someone is having a hard time living without cheap **** from China, well they will be ok.
Shipping costs are a big issue and getting worse. Making goods in America will help offset the manufacturing gains which will last until being forced to take advantage of some other countries child labor laws.
They are already negotiating with multiple countries.
FYI - As of 5pm, my COIN account is still positive over the past 24 hours. My other accounts are slightly down.
So you're saying Trump never mentioned tariffs before Nov 4 2024....
You're totally clueless.European close and the last two hours or so are where you can bigger moves…either reversals or amplification of the current direction.
It's only unplanned and chaotic to the TDS imbeciles that couldn't stomach listening to his interviews and stump speeches. Not one bit of this is unplanned or chaotic. It's all been orchestrated for a long time.
Trump has recently said he wants no income tax for anyone making less than a paltry $150K. He's already been clear on no tax on tips or OT.
The only people that think he's looking to not tax billionaires are the same morons claiming these tariffs weren't planned. Useful idiots as we know.
Unions are delusional. Automation is the exact opposite of what they want.
I hear this a lot from a certain segment of society. People were actually shocked he shut down the border lolSo you're saying Trump never mentioned tariffs before Nov 4 2024....
Surprised Elon and DOGE are in auditing the government lol
Terrible take. That’s like people want to tax the rich. You won’t go broke for paying another 3-5%. Just relax.
Tomorrow? An hour after Navarro said that Trump just said that the tariffs are negotiable, which is what most assumed in the first place, but it proves my point, again, about chaos and uncertainty emanating from the administration.
To the people that got their *** kicked in November, yea. That thought terrifies them to no end. Good news is they only have 3.9 years to go!
Eggs and gases prices are way down.
Promises made, promises kept.
Promises made, promises kept.
Learn to read. I mentioned tariffs this morning and in the post you quoted, as Trump has been a tariff guy since the 80s. And I said tariffs can be effective, but what was announced last night was simply a disjointed, poorly planned mess, with ridiculously high tariffs that aren't even close to being reciprocal, as they're based largely on trade deficits not tariffs. And the fact that he's already backtracking proves my point about uncertainty and chaos, as this must be about 5th time he's changed directions on tariffs for someone we trade with.So you're saying Trump never mentioned tariffs before Nov 4 2024....
So your recent post that I quoted contradicted some earlier post this morning you wrote about Trump's tariff platform he campaigned on? Strange.
It's only poorly planned because you weren't paying attention. Nothing was unplanned or even new. Anyone paying even half attention knew this was coming.
Negotiations change outcomes. So yea, things change. And will. The only thing that matters is America is in a better position, which to the dismay of what is now the far left, it will.
Hard to follow this - a lot in one sentence.
Bringing it back to stocks. The market was certainly surprised by the announcement.
during union east coast port negotiations months back, i was told they wouldn't budge from not removing the person who was literally checking off containers off a clipboard after they were removed from dock and moved to staging area
Of course they are negotiable. You can't be serious.
Gas and eggs prices are down. Promises made, promised kept. Border, new investments, getting illegal rapists and murderers out, hostages back, all in less than 100 days. Greatest start to a Presidency in history.
Rand Paul also said Obama was a Marxist and Joe Biden is senile. Good you are listening to him now.
No contradiction in my posts - just an inability to read and comprehend on your part. As usual.
Nope, the tariff issue is the most important issue, right now, impacting the economy and investments, so discussing it here is germane.
What they want and what is coming are two different things. They are hanging on for dear life not unlike those Hollywood deadbeats that went on strike. AI is going to take all their jobs.
They should learn to code.
No your above post was political talking about what Trump was going to do on day 1
Take it to CE
You rarely if ever post in here. The only reason u are is pile on Trump. Same thing goes for the others who never add anything to this but all of a sudden are posting here.
Exactly. The uncertainty is a killer. Business and foreign leaders can’t rely on what he says because he changes course repeatedly… sometimes within the course of a day. He is unstable often acting upon his emotions. Not what you want from a leader. Furthermore, once tariffs are in place for a while, it’s often problematic to reverse them without other consequences.