Donald Trump the Megathread part II - mod warnings in OP, Updated 06/06/25

aloyisious

https://www.boards.ie/discussion/comment/123331377#Comment_123331377

Looking at this, I'm of two-minds: I don't whether its better to have him away from signing EO's with a stickie or worse that he's away from the White House where his staff would have to be around him keeping him happy instead of being on their own doing whatever it is they [like Miller] want to do unhindered by his presence.

Jeju

Futures just opened, all down +4%, Oil down and Bitcoin plummeted. There iare alot of middle earners sitting on cash in the US, Donny probably encourage them to invest in Americas future and leech it out of them

Azza

https://www.boards.ie/discussion/comment/123333139#Comment_123333139

That would make a great quote in a movie!

Will_I_Amnt

RRemember Trump saying last week how American beef is stron and European beef is weak. Now Lutnick is at it too 😀

https://twitter.com/PawlowskiMario/status/1908528730743398554?t=72y_F3ifT5jVUMW54tOh7g&s=19

Kermit.de.frog

https://www.boards.ie/discussion/comment/123333071#Comment_123333071

Not entirely. The Trump White House has intentionally put word around today that countries are queuing up to negotiate in order to try calm things.

If they really want to arrest the fall in the market they could delay the 9th of April "reciprocal" tariffs pending negotiations.

I think that could happen.

Wolf359f

https://www.boards.ie/discussion/comment/123333262#Comment_123333262

How the **** do you negotiate with penguins?

The 10% flat rate only came into effect on Saturday, I think by Monday the markets will be feeling the impact. That 10% worldwide is enough to keep the markets dropping.

Kermit.de.frog

https://www.boards.ie/discussion/comment/123333274#Comment_123333274

Yes but the "reciprocal" tariffs are the most damaging and absurd in many cases.

Be interesting to see if the Israelis leave the White House with a deal tomorrow for two reasons. First it would show if Trump is genuine about negotiating and also we'd get to see if that 10% is a floor or not.

Tell me how

https://www.boards.ie/discussion/comment/123333262#Comment_123333262

Word on the street is closer to the EU implementing tariffs rather than countries negotiating with Trump.

How do you negotiate with someone who has proven themselves not to be trusted.

Wolf359f

https://www.boards.ie/discussion/comment/123333278#Comment_123333278

Doesn't make a difference, 10% tariff across the board is enough to keep sending markets lower.

If a US producer is paying 10% extra for raw materials/import costs and then trying to export their finished product, they become less competitive.

The way the US market is going, the rest of the world don't have to negotiate, it will be wall street and US businesses negotiating with Trump to drop the tariffs.

Kermit.de.frog

https://www.boards.ie/discussion/comment/123333287#Comment_123333287

The rationale for retaliation in trade disputes is political not economic. It's a difficult situation. I would say there should be no retaliation before negotiations. Retaliating now will only hurt European consumers and we don't know how Trump would react.

He's already said if the EU puts tariffs on Bourbon he'll put a 200% tariff on food and drink imports from Europe. I don't know if he's serious or not but imagine if that happened.

We need to stay calm and don't do anything that could make the situation worse. Trump is already under increasing pressure over the tariffs in the US from Republicans who are actually finding their voice and that could be how this gets resolved in the end.

Why interfere with that?

LambshankRedemption

DJT sh*t talking the EU right now

Wolf359f

https://www.boards.ie/discussion/comment/123333303#Comment_123333303

I guess the EU can come to an agreement before entering negotiations that they will change all their tariffs on US goods to not exceed 20%, therefore while negotiations are taking place (and can take time, especially when the US have to deal with penguins and uninhabited islands) both sides would be level, tariff wise. It wouldn't be a trade war as the EU has literally halved their US tariffs before negotiations. He can swing that as a win!

Widdensushi

https://www.boards.ie/discussion/comment/123333262#Comment_123333262

Are you saying that is good news,, people wanting to double check with trump etc if they are serious, because he backs down on everything leading to uncertainty.

Kermit.de.frog

Wow, Asian markets are opening and the Japanese stock market is down nearly 9% right now.

https://twitter.com/spectatorindex/status/1909037724826505490

briany

https://www.boards.ie/discussion/comment/123333248#Comment_123333248

More lies in the Trump cacophony of lies.

However, as Sam Harris pointed out recently, Trump's lies are not designed to convince anyone, or if anyone IS convinced of them, that's only incidental. The real point of them is to sow chaos, to produce a kind of psychological numbness, and so much noise that the actual truth starts not to matter.

I'm not saying this is something Trump is consciously doing - he's been doing this long before he got into politics - but thinkers and strategists behind MAGA would definitely recognise the power of his bullhorn and crucially that he has many followers who are eager to repeat his lies, seemingly delighting in the dismay and frustration they produce in the other side.

This is post-truth as they call it, and a necessary precursor to the implementation of authoritarianism was people look for order out of chaos, the authoritarian can then reshape the truth to their liking, and this is what we're seeing happen in the US in real time.

joseywhales

https://www.boards.ie/discussion/comment/123331509#Comment_123331509

Honestly this has been my position for years, people should be voting for the most boring mundane technocrat available. Voting for personalities always leads to disaster. I want an empty suit.

joseywhales

https://www.boards.ie/discussion/comment/123333333#Comment_123333333

I am in Japan coincidentally. I decided to buy a washlet (best toilets in the world) and anything else I could think of wanting from Japan over the next four years. I wonder would a Prius battery pack fit in checked luggage.

RickBlaine

Trump currently has a net approval rating of -12. A lot of Trump voters seem to be experiencing buyers remorse now, but they only have their own stupidity to blame.

sock.rocker*

So he's saying countries will have to pay a lot of money to have the tariffs removed. Why would any company move production back to the US when they could be removed at any time.. It's all so idiotic.

Lewis_Benson

I think the time has come for serious thought on what to do about him.

It's now clear a lot of his supporters are realising he isn't the God they thought he is.

I see a massive rebellion coming, looking at the protests in the states that took place, this is going to ramp up.

What does it take to beging impeachment proceedings? From there what does it take to remove a president from office?

Sierra Oscar

It’s beginning to look like a large sovereign is dumping US treasury bonds which has the potential to cause economic carnage. Worth noting that China owns close to 30% of US debt. We’ve never really had a situation where US bonds suffer a collapse in the midst of major economic uncertainty, they are usually a safe haven for investors. Worth keeping an eye on, the US banking system could have a liquidity crisis fairly sharpish. Particularly at a regional level.

Peregrinus

What does it take to beging impeachment proceedings? From there what does it take to remove a president from office?

It requires a Congress with a spine. I wouldn't hold my breath.

Peregrinus

https://www.boards.ie/discussion/comment/123333386#Comment_123333386

No need for scaremongering. The reality is bad enough.

China owns about 2.6% of US debt. And that's not the Chinese government; it's all holders of US debt in China, government and private.

8-10

https://www.boards.ie/discussion/comment/123333348#Comment_123333348

Rice cooker!

sock.rocker*

https://www.boards.ie/discussion/comment/123333402#Comment_123333402

Zojirushi Neuro Fuzzy. I love mine.

Glaceon

https://www.boards.ie/discussion/comment/123333391#Comment_123333391

Even then, a successful impeachment would most likely result in Vance taking over. And as we all know, he’s no better. I think nothing less than a coup or civil war can stop the madness at this stage!

Dr Robert

Don't worry. Trump will be forced to stop this madness. The stock market is bread and butter to Americans. Watching their investments go down the toilet will probably put massive pressure on.

everlast75

https://www.boards.ie/discussion/comment/123333449#Comment_123333449

How will he forced to stop it?

What can anyone possibly do to him to stop it?

circadian

https://www.boards.ie/discussion/comment/123333449#Comment_123333449

I guess that depends on how much he buys his own bullshit of a little pain before things get better.

Leroy42

https://www.boards.ie/discussion/comment/123333303#Comment_123333303

Why didn't Trump, the greatest negotiator even apparently, not negotiate before launching all his weapons?

No. Instead he took the tough man approach, punched the world in the face and expected the world to cower before him and run to him to save themselves.

So many problems with that approach but chief among them is that nobody has any trust in Trump. Even his own supporters constantly say you can't believe what he says.

On top of that, his row back on tariffs on Canada & Mexico, his failure to stand up to Putin when Putin has clearly pulled his pants down, his fawning over Netanyahu. It all shows Trump to be untrustworthy.

Finally, the farce of the calculation of tariffs shows that Trump is both lazy and stupid. This is all just a gameshow to him.