#47 economic policies

darwinstheory

Being "yippy" is so much better than all the winning!

Who woulda thunk it...

mickeyrat

Trump's tariff reversal day as it happened, analysis and reactions - https://www.reuters.com/world/trump-tariffs-live-markets-selloff-us-reciprocal-tariffs-kick-2025-04-09/

mickeyrat

https://www.threads.net/@newrepublic/post/DIPjOFVIZ2Y?xmt=AQGzKZiOKGfQeuyFtHHtMJBE5FDt15KNp81SLZAvVyuiJg

After offering up a “zero-for-zero tariff” to avoid a trade war (which Trump refused), the European Commission has greenlit tariffs of up to 25% on:

Cigarettes from Florida, beef from Kansas and Nebraska, chicken from Louisiana, car parts from Michigan, and most importantly, soybeans.
https://trib.al/shcveJM

Halifax2TheMax

mickeyrat said:

https://www.threads.net/@newrepublic/post/DIPjOFVIZ2Y?xmt=AQGzKZiOKGfQeuyFtHHtMJBE5FDt15KNp81SLZAvVyuiJg

After offering up a “zero-for-zero tariff” to avoid a trade war (which Trump refused), the European Commission has greenlit tariffs of up to 25% on:

Cigarettes from Florida, beef from Kansas and Nebraska, chicken from Louisiana, car parts from Michigan, and most importantly, soybeans.
https://trib.al/shcveJM

Let’s go Brandon!

mickeyrat

Republicans are NOT getting the deficit under control. Instead, their efforts to extend Donald Trump’s 2017 tax plan are expected to tack on an extra $5.5 trillion in debt, plus $1.3 trillion in interest.

https://trib.al/C0OsgbP

BF25394

mickeyrat said:

https://www.threads.net/@24hoursofukraine/post/DIPTpPfo2nb?xmt=AQGz9Nmq-TMKQfhtCVPK9KNA5ARIahvzLgeWL5CFApVr1g

🎤Reporter: You said there would be no pause and now there’s a pause..

🇺🇸Trump: You have to have flexibility.

It's almost as if you can't believe a word the guy says...

Lerxst1992

dignin said:

jerparker20 said:

Always remember, if you throw a dead cat off a tall enough building it’ll bounce when it hits the ground…

The Dow is still down close to 5k points from its highs a couple weeks ago. 125% tariffs still in place on China, 25% tariffs on Canada and Mexico on goods not covered by USMCA and 10% tariff on all other countries.for 90 days.

Did anything really change that much, not really. Beware the dead cat bounce…

Yeah, Joe blow buying back in is gonna get fucked, again.

The only people making any money off this are the people already rich. The people in the know (fraud).

What a dumpster fire.

Tariffs are an absolute dumpster fire but when he targets big pharma, he is onto something. I get it’s a slippery slope targeting medicine.

but non Americans pay cents on the dollar when it comes to American made pharmaceuticals. He better have 0% tariffs on the other countries that produce medicine to a large extent, Switzerland, South Korea, etc.

and we see how much liberals on the far left care about people who aren’t in their tiny little clubs. Scream yell fight protest only people in their little tiny clubs get rights so why should we subsidize the worlds medical supply with 0% tariffs?

josevolution

BF25394 said:

mickeyrat said:

https://www.threads.net/@24hoursofukraine/post/DIPTpPfo2nb?xmt=AQGz9Nmq-TMKQfhtCVPK9KNA5ARIahvzLgeWL5CFApVr1g

🎤Reporter: You said there would be no pause and now there’s a pause..

🇺🇸Trump: You have to have flexibility.

It's almost as if you can't believe a word the guy says...

IF? 😂😂 c’mon 

Spiritual_Chaos

Lerxst1992 said:

dignin said:

jerparker20 said:

Always remember, if you throw a dead cat off a tall enough building it’ll bounce when it hits the ground…

The Dow is still down close to 5k points from its highs a couple weeks ago. 125% tariffs still in place on China, 25% tariffs on Canada and Mexico on goods not covered by USMCA and 10% tariff on all other countries.for 90 days.

Did anything really change that much, not really. Beware the dead cat bounce…

Yeah, Joe blow buying back in is gonna get fucked, again.

The only people making any money off this are the people already rich. The people in the know (fraud).

What a dumpster fire.

Tariffs are an absolute dumpster fire but when he targets big pharma, he is onto something. I get it’s a slippery slope targeting medicine.

but non Americans pay cents on the dollar when it comes to American made pharmaceuticals. He better have 0% tariffs on the other countries that produce medicine to a large extent, Switzerland, South Korea, etc.

and we see how much liberals on the far left care about people who aren’t in their tiny little clubs. Scream yell fight protest only people in their little tiny clubs get rights so why should we subsidize the worlds medical supply with 0% tariffs?

In what way are you subsidizing the words medical supply?

brianlux

The whole tariffs nonsense is like everything T does:  chaos to keep us guessing, confused, and anxious.  I call bullshit!

benjs

Spiritual_Chaos said:

Lerxst1992 said:

dignin said:

jerparker20 said:

Always remember, if you throw a dead cat off a tall enough building it’ll bounce when it hits the ground…

The Dow is still down close to 5k points from its highs a couple weeks ago. 125% tariffs still in place on China, 25% tariffs on Canada and Mexico on goods not covered by USMCA and 10% tariff on all other countries.for 90 days.

Did anything really change that much, not really. Beware the dead cat bounce…

Yeah, Joe blow buying back in is gonna get fucked, again.

The only people making any money off this are the people already rich. The people in the know (fraud).

What a dumpster fire.

Tariffs are an absolute dumpster fire but when he targets big pharma, he is onto something. I get it’s a slippery slope targeting medicine.

but non Americans pay cents on the dollar when it comes to American made pharmaceuticals. He better have 0% tariffs on the other countries that produce medicine to a large extent, Switzerland, South Korea, etc.

and we see how much liberals on the far left care about people who aren’t in their tiny little clubs. Scream yell fight protest only people in their little tiny clubs get rights so why should we subsidize the worlds medical supply with 0% tariffs?

In what way are you subsidizing the words medical supply?

Universities and teaching hospitals receive federal funding, much of which goes into R&D for pharmaceuticals. Those pharmaceuticals are then sold for substantially cheaper outside of the States than within the States. I guess the argument is that the cost burden is on the States whereas the rest of the world gets the benefit without that cost.

If the tariff is enacted, I'm guessing it'll be similar to what's happened with China, but this time with India - India (who manufactures plenty of generic medicine much of which is relied on by the States' market) will retaliate with hefty tariffs on their drugs. Net result: more expensive things for everybody. Again. If this isn't realistic, I'd appreciate if someone could help me understand why. 

Poncier

I see the tariff pause economic boom was long lasting.

Lerxst1992

benjs said:

Spiritual_Chaos said:

Lerxst1992 said:

dignin said:

jerparker20 said:

Always remember, if you throw a dead cat off a tall enough building it’ll bounce when it hits the ground…

The Dow is still down close to 5k points from its highs a couple weeks ago. 125% tariffs still in place on China, 25% tariffs on Canada and Mexico on goods not covered by USMCA and 10% tariff on all other countries.for 90 days.

Did anything really change that much, not really. Beware the dead cat bounce…

Yeah, Joe blow buying back in is gonna get fucked, again.

The only people making any money off this are the people already rich. The people in the know (fraud).

What a dumpster fire.

Tariffs are an absolute dumpster fire but when he targets big pharma, he is onto something. I get it’s a slippery slope targeting medicine.

but non Americans pay cents on the dollar when it comes to American made pharmaceuticals. He better have 0% tariffs on the other countries that produce medicine to a large extent, Switzerland, South Korea, etc.

and we see how much liberals on the far left care about people who aren’t in their tiny little clubs. Scream yell fight protest only people in their little tiny clubs get rights so why should we subsidize the worlds medical supply with 0% tariffs?

In what way are you subsidizing the words medical supply?

Universities and teaching hospitals receive federal funding, much of which goes into R&D for pharmaceuticals. Those pharmaceuticals are then sold for substantially cheaper outside of the States than within the States. I guess the argument is that the cost burden is on the States whereas the rest of the world gets the benefit without that cost.

If the tariff is enacted, I'm guessing it'll be similar to what's happened with China, but this time with India - India (who manufactures plenty of generic medicine much of which is relied on by the States' market) will retaliate with hefty tariffs on their drugs. Net result: more expensive things for everybody. Again. If this isn't realistic, I'd appreciate if someone could help me understand why. 

The US doesn’t pay 10% more or 20%, but about 300%.

We manufacture plenty of generic drugs here. It may cost a little more to move more  generic manufacturing here but I don’t see price tripling.

Best case scenario is they settle this with trade deals. Bidens approach to cutting what we pay for Rx was much worse, and only benefitted those on govt plans.

mickeyrat

https://www.threads.net/@onestpress/post/DIRAoNlPWnm?xmt=AQGzYlKddWlHB0kaCTEd_wMCd2jCMITh947YV8pPRL9W8w

Yesterday at the Oval Office

9:37am tweet to “buy”
1:40pm announcement on “tariff pause”
2:46pm this video “This is Charles Schwab (…), he made $2.5B, and he $900M.”

josevolution

Too bad nothing can be done

mickeyrat

https://www.threads.net/@briantylercohen/post/DIRwTC9S-Ql?xmt=AQGzBU1xL1bSCpfWnjaS-CaAhfqtnwJv3duq_seMUIEUpQ

The European Union and China are now starting negotiations to abolish EU tariffs on Chinese electric vehicles.

This is a major strategic failure for the United States.

mickeyrat

https://www.threads.net/@factpostnews/post/DIRvTqNpoHc?xmt=AQGzISEngnFUCmHKPE7c0MAARavXytjUzKJO8gLBUe_Isg

Small business owner: This additional 10% is really squeezing our access to capital. It's really created a stressful, volatile, uncertain environment for us. This is an increased cost of business, and I'm not sure to what end. My company is the one paying the tariff. We're trying to increase jobs here in Wisconsin and this is putting a terrible stress on our ability to grow

mickeyrat

https://www.threads.net/@patriottakes2.0/post/DIPl3_oS2VV?xmt=AQGz2rgcFIGRezrlytV0Rvm_bvqOSqSzgtkZNobLeX3BQw

White House “Coal Miner" Is Actually a Supervisor for a Company That Recently Laid Off 165

Zachary Erdeljac wore a red MAGA hard hat, safety gear and praised Trump's tariffs

https://meidasnews.com/news/white-house-coal-miner-is-actually-a-supervisor-for-a-company-that-recently-laid-off-165

mickeyrat

mickeyrat said:

https://www.threads.net/@briantylercohen/post/DIRwTC9S-Ql?xmt=AQGzBU1xL1bSCpfWnjaS-CaAhfqtnwJv3duq_seMUIEUpQ

The European Union and China are now starting negotiations to abolish EU tariffs on Chinese electric vehicles.

This is a major strategic failure for the United States.

https://www.threads.net/@lincolnproject.us/post/DIR73WlIfeL?xmt=AQGzbe0MsK9yXShxrVvM6OfHJOr5yfFSw4EuEDv4pnvScw

The European Union and China have started negotiations to abolish EU tariffs on Chinese electric vehicles. This is why China WANTS the trade war with the US.

The whole world is turning its back on the US thanks to Trump.
https://www.reuters.com/business/autos-transportation/eu-china-start-talks-lifting-eu-tariffs-chinese-electric-vehicles-handelsblatt-2025-04-10/

mickeyrat

nothing to see here......

https://www.threads.net/@senadamschiff/post/DIRb-hauxHn?xmt=AQGzMZkQQ5DsYfLvB6mp5POYN3HLboC_SDhFY7BTpAlSaA

The most corrupt administration in American history wants you to look the other way from this.

We can't. We need answers.