Donald Trump the Megathread part II - Mod Warning added to OP 10/1/26

Wolf359f · 06-04-2025 11:16PM

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 · 06-04-2025 11:35PM

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 · 06-04-2025 11:49PM

DJT sh*t talking the EU right now

Wolf359f · 06-04-2025 11:52PM

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 · 07-04-2025 12:04AM

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 · 07-04-2025 12:15AM

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

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

briany · 07-04-2025 12:17AM

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 · 07-04-2025 12:48AM

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 · 07-04-2025 12:59AM

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 · 07-04-2025 01:11AM

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* · 07-04-2025 02:46AM

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 · 07-04-2025 03:18AM

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 · 07-04-2025 04:50AM

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 · 07-04-2025 05:05AM

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 · 07-04-2025 05:15AM

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 · 07-04-2025 05:38AM

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

Rice cooker!

sock.rocker* · 07-04-2025 06:23AM

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

Zojirushi Neuro Fuzzy. I love mine.

Glaceon · 07-04-2025 06:23AM

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 · 07-04-2025 06:30AM

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 · 07-04-2025 06:31AM

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 · 07-04-2025 06:32AM

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 · 07-04-2025 06:35AM

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.

Akrasia · 07-04-2025 06:50AM

Trump has already been impeached twice.

US politicians are too corrupt to stop the kleptocrats. The billionaires backing Trump have likely been shorting the markets and will make a killing from the crash, just like Putins oligarchs did

machiavellianme · 07-04-2025 06:52AM

https://www.boards.ie/discussion/comment/123333454#Comment_123333454

Unless he personally feels that pain, it matters not. Sadly, I don't think he will see it the way everyone else does. He'll cut a deal with a few inconsequential minnows and maybe one or two larger players like the UK to claim victory. The rest of the world will look back in abhorrance until a new world order can be established. Hopefully one with wider trading outside of the US.