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Donald Trump the Megathread part II

1…605606608610611…1034

Comments

  • #18212
    sock.rocker*
    Registered Users, Registered Users 2, Paid Member Posts: 1,426 ✭✭✭sock.rocker*


    https://finance.yahoo.com/news/live/trump-tariffs-live-updates-stocks-jittery-amid-90-day-tariff-pause-speculation-191201910.html

    Trump also reiterated that the impetus behind the tariff policy is trade deficits: "I spoke to a lot of leaders... from all over the world. ... I said 'we're not gonna have deficits with your country' ... to me a deficit is a loss. We're gonna have surpluses or at worst we're gonna be breaking even."


    I guess the US is less a fan of free market capitalism than the likes of China. If their rich population wants to buy stuff from other countries, that is apparently a loss that must be corrected through government intervention.

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  • #18213
    8-10
    Registered Users, Registered Users 2 Posts: 15,430 ✭✭✭✭8-10


    https://www.boards.ie/discussion/comment/123334931#Comment_123334931

    Investors eagerly awaiting that news to be the first in for the rebound.

    Unless it's your pension or other long term investment, cash under the mattress sounds pretty good right now



  • #18214
    Will_I_Amnt
    Registered Users, Registered Users 2 Posts: 483 ✭✭Will_I_Amnt


    https://www.boards.ie/discussion/comment/123334808#Comment_123334808

    Only 12-14 hours ago, Trump was looking for A LOT more than VAT to be taken away before he'll even talk to the EU (6 mins 13 secs)

    https://youtu.be/_GLdSswrPGw?t=368


  • #18215
    VinLieger
    Registered Users, Registered Users 2 Posts: 19,181 ✭✭✭✭VinLieger


    https://www.boards.ie/discussion/comment/123334916#Comment_123334916

    Its absolutely a climb down if he doesn't have anything agreed with the big players prior to pausing it.

    Gains are all gone though as you point out so maybe hes being classically indecisive and trumpian by changing what hes doing minute to minute which is again something the markets hate.



  • #18216
    yagan
    Registered Users, Registered Users 2 Posts: 6,228 ✭✭✭yagan


    Even he paused the tariffs I doubt China would reciprocate as they'd saw there's no point dancing to that loons tune.

    As far as Wall st concerned Trump has crossed a red line.



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  • #18217
    poop emoji
    Registered Users, Registered Users 2 Posts: 839 ✭✭✭poop emoji


    IMG_5785.jpeg

    The beatings will continue until morale improves



  • #18218
    eightieschewbaccy
    Registered Users, Registered Users 2 Posts: 6,309 ✭✭✭eightieschewbaccy


    https://www.boards.ie/discussion/comment/123334852#Comment_123334852

    The DOW just plummeted a thousand points and Goldman Sachs used the odds of a US recession... Those are some pretty terrible signals.



  • #18219
    Penn
    Registered Users, Registered Users 2, Paid Member Posts: 36,243 ✭✭✭✭Penn


    https://www.boards.ie/discussion/comment/123334904#Comment_123334904

    So in a few months if Trump didn't get the deals he wanted we'd have "Liberation Day 2: This time it's personal"



  • #18220
    sock.rocker*
    Registered Users, Registered Users 2, Paid Member Posts: 1,426 ✭✭✭sock.rocker*


    https://www.boards.ie/discussion/comment/123334980#Comment_123334980

    There was a brief rally where the DOW went up 5% in ~20 minutes based on what seems to be fake news. The S&P 500 went up $2.5 trillion in those 20 minutes.

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  • #18221
    Strazdas
    Registered Users, Registered Users 2 Posts: 21,157 ✭✭✭✭Strazdas


    https://www.boards.ie/discussion/comment/123334995#Comment_123334995

    All the chopping and changing and U-turns are causing havoc in the markets. Trump is like a monkey with a hand grenade.



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  • #18222
    Strazdas
    Registered Users, Registered Users 2 Posts: 21,157 ✭✭✭✭Strazdas


    "A sign of the madness we are living through is the jump and then reversal in US markets this afternoon, writes Cliff Taylor.

    Markets jumped a bit after 3pm when there was speculation – reported on financial news channel CNBC and elsewhere - that President Donald Trump was considering a 90-day pause on the imposition of tariffs to allow room for negotiation.

    US markets jumped into positive territory, but subsequently reversed when a White House source responded saying no-one there had heard about it. It was then dismissed as “ fake news”." (Irish Times)

    Back to square one then…….



  • #18223
    yagan
    Registered Users, Registered Users 2 Posts: 6,228 ✭✭✭yagan


    The only circuit breaker in this crisis is a bullet, and I won't be surprised if there's a whip around happening right now on Wall Street.



  • #18224
    Kermit.de.frog
    Registered Users, Registered Users 2 Posts: 25,465 ✭✭✭✭Kermit.de.frog


    The market is recovering the losses again. I wonder is it quite the fake news they make out.



  • #18225
    VinLieger
    Registered Users, Registered Users 2 Posts: 19,181 ✭✭✭✭VinLieger


    They've jumped again there, apparently the Fed is in a closed meeting so something has obviously leaked from that



  • #18226
    breezy1985
    Registered Users, Registered Users 2 Posts: 31,171 ✭✭✭✭breezy1985


    https://www.boards.ie/discussion/comment/123335035#Comment_123335035

    All the leaders of the major global banks are meeting tonight.

    Maybe the Illuminati really is a thing.



  • #18227
    Strazdas
    Registered Users, Registered Users 2 Posts: 21,157 ✭✭✭✭Strazdas


    https://www.boards.ie/discussion/comment/123335038#Comment_123335038

    This is insane stuff : the markets going up and down like a yoyo every 30 minutes.



  • #18228
    mountain
    Registered Users, Registered Users 2 Posts: 3,300 ✭✭✭mountain


    https://www.boards.ie/discussion/comment/123335008#Comment_123335008

    is he the monkey or the hand grenade?



  • #18229
    poop emoji
    Registered Users, Registered Users 2 Posts: 839 ✭✭✭poop emoji


    https://www.boards.ie/discussion/comment/123335038#Comment_123335038

    White house says fake news

    https://www.cnbc.com/2025/04/07/trump-tariffs-live-updates-stock-market-crypto.html


  • #18230
    VinLieger
    Registered Users, Registered Users 2 Posts: 19,181 ✭✭✭✭VinLieger


    Aaaand its gone again, rights thats it i cant keep watching this yoyo nonsense



  • #18231
    DrPsychia
    Registered Users, Registered Users 2 Posts: 636 ✭✭✭DrPsychia


    Screenshot 2025-04-07 at 16.16.07.png

    https://truthsocial.com/@realDonaldTrump/posts/114297331052690348


    Another 50% tariffs on china.



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  • #18232
    fly_agaric
    Registered Users, Registered Users 2 Posts: 5,437 ✭✭✭fly_agaric


    https://www.boards.ie/discussion/comment/123334691#Comment_123334691

    Looking in from the outside, I feel it is pointless though (as regards "education" of the US public about a given topic (like EU VAT) somehow solving the problem).

    The root of the issue is the Republican politicians and the media in their "camp" in the US just lie all of the time now as it suits the moment, and it is normalised and the people who want to believe it believe and those that know it's a crock of shít will be ignored by them.

    That silly tariff % board Trump held up was a shameless lie, and these arguments trotted out about VAT being some kind of levy targetting American imports is a lie as well, but may as well howl at the moon for all the good pointing it out does.🤦‍♂️



  • #18233
    yagan
    Registered Users, Registered Users 2 Posts: 6,228 ✭✭✭yagan


    Apple are f**ked.

    Apple has around 60% of the mobile phone market in the US, 50% tariff will drive their cheapest phone well over the thousand mark.



  • #18234
    Strazdas
    Registered Users, Registered Users 2 Posts: 21,157 ✭✭✭✭Strazdas


    https://www.boards.ie/discussion/comment/123335078#Comment_123335078

    Well, that is what you call a full blown trade war with the Chinese (with bells on).



  • #18235
    HalloweenJack
    Registered Users, Registered Users 2 Posts: 7,441 ✭✭✭HalloweenJack


    This reminds me so much of Brexit.

    The US is trying to go its own and selling it as a win but it is going to do a lot of damage in the process and shatter long-term relationships with other nations.

    I'm all for it if it means the US' role is lessened on the global stage. We were able to survive just fine after Brexit. I know there will be a lot more friction in this case but the entire world needs to stand up to bullies like the US and Russia.



  • #18236
    sock.rocker*
    Registered Users, Registered Users 2, Paid Member Posts: 1,426 ✭✭✭sock.rocker*


    I guess Trump is getting what he wanted. An early retaliation from China and a massive response that will put fear into every other country.

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  • #18237
    Baba Yaga
    Registered Users, Registered Users 2 Posts: 941 ✭✭✭Baba Yaga


    maybe all this up and down with the stocks is due to the penguins driving a hard bargain with the tarrifs…?

    yo! donnie vonredactedpants,vlad putin,benji netanyahu,vic orban..you sirs are the skidmarks on the jocks of humanity!!!



  • #18238
    mayordenis
    Moderators, Education Moderators Posts: 9,741 Mod ✭✭✭✭mayordenis


    Not a hope China will turn around and capitulate to this from Trump, I think it will just underpin the unseriousness of the American position here.

    What has this government imposed on China so far a 10%, another 10%, the 34%, and now a threat of a further 50% if China doesn't just accept the first three? Living in a completely different universe.



  • #18239
    Beta Ray Bill
    Registered Users, Registered Users 2, Paid Member Posts: 3,962 ✭✭✭Beta Ray Bill


    https://www.boards.ie/discussion/comment/123335096#Comment_123335096

    I don't think so
    there is this very weird oddity in US cities: iOS have massive market share:

    1. New York – 79.74%
    2. San Jose – 69.19%
    3. Los Angeles – 65.81%
    4. Chicago – 62.29%
    5. San Diego – 60.53%
    6. San Antonio – 59.68%
    7. Houston – 59.33%
    8. Philadelphia – 58.00%
    9. Phoenix – 57.61%
    10. Dallas – 57.59%

    Mate of mine moved to NY a few years back, and he was doing the whole dating thing. He noticed that when he used his iPhone to message he had way better response rate from the wimminz (cause of the 2 blue ticks vs the 2 green ticks.. IE they knew he was or was not using iMessage)

    Android is like an Ick in the USA.

    Apple will be fine, they've been marketing slightly above average hardware as best in class for over 20 years at this stage.



  • #18240
    sock.rocker*
    Registered Users, Registered Users 2, Paid Member Posts: 1,426 ✭✭✭sock.rocker*


    104% tariffs on everything. I think China will make nuclear moves and maybe just stop selling to America completely and try to cause shortages instead of price rises for American consumers. They're already stopping some rare earth elements and I think they will just expand that.

    Trump is behaving like a macho drunk guy at a poker table just shoving all in on anyone who dares raise him.

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  • #18241
    poop emoji
    Registered Users, Registered Users 2 Posts: 839 ✭✭✭poop emoji


    https://www.boards.ie/discussion/comment/123335045#Comment_123335045

    Mostly down (except brief time) and shows that the problem lies with the monkey with grenade in the whitehouse

    IMG_5786.jpeg

    and

    IMG_5787.jpeg


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