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Donald Trump the Megathread part II - mod warnings in OP, Updated 18/03/25

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Comments

  • Registered Users, Registered Users 2 Posts: 29,689 ✭✭✭✭looksee


    A military parade was being tentatively planned for the 250th anniversary of the US army, founded on June 14th 1775. Guess what also happens on 14th June…Trump's birthday. So it looks as though, as a result of this very fortuitous coincidence he will get his birthday parade, he suggested it in his first term but they put him off.

    Looks like this one is going to happen though, and the Trump admin is apparently 'in the early stages of planning it'.

    It might not even be noticeable that there is a 250th anniversary on the day. He will have a lovely time.

    https://edition.cnn.com/2025/04/07/politics/trump-plans-military-parade-washington/index.html



  • Registered Users, Registered Users 2 Posts: 11,662 ✭✭✭✭LambshankRedemption


    June is some ways off. If things continue as they are, the Army won't be able to afford fuel for the Bradley Fighting Vehicles.



  • Registered Users, Registered Users 2 Posts: 12,848 ✭✭✭✭aloyisious


    I was thinking along the lines of the EU commission, with the agreement of the the 27 member Govts, telling the Pharma Corporations with US connections that due to the disruption caused to normal trade by Trump's tariffs increases on the EU and to ensure that trading returns to a safe level, all trading on Pharma Co's EU shares [incl IP], all movement of Pharma Co's EU pharma stock or production equipment will be stopped from midnight on whatever date AND no closure or interference with of EU Pharma production by any US authority or management will be permitted until usual sensible trading TOC's return. The EU commission should take over the production facilities of the Co's to ensure pharma needs to medics etc keeps going.

    Make it clear to those who can make Trump do a u-turn on his tariffs scheming that he must be reined in from his financial wargaming for business to return to normal.



  • Registered Users, Registered Users 2 Posts: 11,662 ✭✭✭✭LambshankRedemption


    Make it clear to those who can make Trump do a u-turn on his tariffs scheming that he must be reined in from his financial wargaming for business to return to normal.

    Except it's not been shown that anyone can make DJT do a u-turn.



  • Registered Users, Registered Users 2 Posts: 25,015 ✭✭✭✭pjohnson


    Maybe Ivanka could if she was in a saucy little number. We know he likes her at least.



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  • Registered Users, Registered Users 2 Posts: 4,327 ✭✭✭trashcan


    Gives them plenty of time to perfect the aul goose stepping though !



  • Registered Users, Registered Users 2 Posts: 25,109 ✭✭✭✭Kermit.de.frog


    Presumably the EU is near the back of the queue here.



  • Registered Users, Registered Users 2 Posts: 12,848 ✭✭✭✭aloyisious


    It's not as if anyone in authority in the US has even called him in for a formal or informal chat; "Don, about these things you've been doing, we think you've got it wrong and must stop". A little bit of encouragement "because if you don't we will remove you from office for the good of the country" from the right quarter could be all the medicine he needs. And I don't mean Vlad.



  • Registered Users, Registered Users 2 Posts: 23,031 ✭✭✭✭Tell me how


    South Korea, Japan and China announced closer economic ties to each other last week.

    I'd be surprised if Japan/South Korea are reneging on that understanding so quickly.



  • Registered Users, Registered Users 2 Posts: 23,031 ✭✭✭✭Tell me how


    Apparently Trumps admin is considering drone attacks on Mexican Drug cartels.

    Or another way to put it, invading yet another country.

    Does this support or undermine his campaign promises to be a peaceful President and to negotiate his way to deals?



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  • Registered Users, Registered Users 2 Posts: 23,031 ✭✭✭✭Tell me how


    Oh, and apparently the Dept of Defence has been green lighted to request a 1T$ budget. The first ever.

    Shame really, after all the money DOGE was saving the tax payer, to just p*ss it out the window again to the military, but I'm sure that that is what the people voted for. More people out of work, and the organisation which hasn't passed an audit in how long getting several hundred Billion more this year than last.



  • Registered Users, Registered Users 2 Posts: 25,109 ✭✭✭✭Kermit.de.frog


    South Korea announced earlier they are not standing by China and Japan facing US tariffs.

    On a separate note AI's getting creepy 🤣



  • Registered Users, Registered Users 2 Posts: 11,662 ✭✭✭✭LambshankRedemption


    Are you being serious? Or is that a joke comment?

    It's hard to know nowadays.



  • Registered Users, Registered Users 2 Posts: 18,945 ✭✭✭✭VinLieger


    Cannot believe anything they say until it actually happens.



  • Registered Users, Registered Users 2 Posts: 5,583 ✭✭✭10000maniacs




  • Registered Users, Registered Users 2 Posts: 4,807 ✭✭✭EltonJohn69


    https://www.reddit.com/r/PublicFreakout/s/BrFy0GB8nT

    Hard to disagree. Trump’s mentality that in trade there has to be a winner and a loser is wrong.



  • Registered Users, Registered Users 2 Posts: 11,662 ✭✭✭✭LambshankRedemption


    The Tainaiste is on his way to talk to their Commerce Secretary as we speak.

    As you say, you'd be as well off getting your news from Weekly World News as believing that X account.



  • Registered Users, Registered Users 2 Posts: 18,945 ✭✭✭✭VinLieger


    Im aware of that but the Tanaiste does not officially negotiate on behalf of the EU as far as i know? Also Ludnick is pretty staunchly anti Ireland therefore i dont think sending Harris will do any good either way so that means nothing in my opinion.



  • Registered Users, Registered Users 2 Posts: 11,662 ✭✭✭✭LambshankRedemption


    He was just quoted on the 10 O'clock show as saying, and i paraphrase "I have a team from the EU ready to go and talk to them".

    It sounds to me like he is. He's just back from Luxembourg for a meeting on trade.

    (yeah I know, the Journal)

    https://www.thejournal.ie/eu-trade-meeting-tariffs-luxembourg-6670676-Apr2025/



  • Registered Users, Registered Users 2 Posts: 2,457 ✭✭✭All_in_Flynn


    Has it actually been officially confirmed that they are implementing the extra tariffs on China apart from what that lunatic press sec said? I just wouldn't take her word at face value.

    Like what is his actual goal here? Is he actually looking to devalue the dollar? That's the only thing I can think of. Make the dollar weak and go down the manufacturing route and make themselves attractive that way.

    Bizarre but I can't think of anything else. He's not going to get golden deals from any major trading bloc. He'll get some of the smaller countries coming with hat in hand but it's a pittance in the grand scheme.



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  • Moderators, Category Moderators, Computer Games Moderators, Society & Culture Moderators Posts: 8,666 CMod ✭✭✭✭Sierra Oscar


    US treasury yields are steadily increasing which is one to watch in the days ahead. Is Trump about to have his Liz Truss moment? They can only go so high before there is economic carnage in the US.

    Trump officials were exclaiming that achieving a drop in yields was a core aim of their overall strategy yet the exact opposite is happening. Trump wants the Federal Reserve to cut interest rates but if treasuries keep going the way they are heading then they will have to increase rates. Terrible for Trump and terrible for the US economy!

    US commentators seem a little shocked that yields are rising in the midst of the stock market turmoil as there is usually a flight to safety in US government bonds during economic turmoil. I don't think the penny has dropped with them yet, they can't understand why international investors are not interested in buying US debt and are instead actively offloading their holdings. Who in their right minds would buy US debt when they are actively imploding their economy?



  • Moderators, Recreation & Hobbies Moderators, Science, Health & Environment Moderators, Technology & Internet Moderators Posts: 94,832 Mod ✭✭✭✭Capt'n Midnight


    Moving some oil prices to Euro would be interesting as one of the reasons people need dollars is to buy oil.

    Almost half of all physical dollars are held abroad. Something like a trillion dollars. Donald might make it harder to repatriate them, like print new notes and put a time limit on the old ones.

    There's lots of ways you can tank the dollar. The UK tried quantitive easing. It made the pound less valuable but on the other hand exports didn't increase.



  • Registered Users, Registered Users 2 Posts: 23,031 ✭✭✭✭Tell me how


    He's so bad at this.

    Today, he's denigrating phone manufacturing jobs whike blowing smoke up the ass of coal miners, tomorrow, he'll be saying his tariffs are so successful Apple phones will now be made in the US and loads of jobs will be created in them doing so.

    Screenshot_20250408_233059_X.jpg


  • Registered Users, Registered Users 2 Posts: 25,109 ✭✭✭✭Kermit.de.frog


    China could be leaking US treasury bonds is the conspiracy theory.



  • Moderators, Recreation & Hobbies Moderators, Science, Health & Environment Moderators, Technology & Internet Moderators Posts: 94,832 Mod ✭✭✭✭Capt'n Midnight


    "The children yearn for the mines."

    https://edition.cnn.com/2025/03/25/business/florida-child-labor-laws/index.html

    The gross margin on an iPhone is about 60%. So even a 104% tariff on the 40% it costs to make it would only bring the cost to 81.6% of the current retail price. It's the other brands that will suffer more.



  • Registered Users, Registered Users 2 Posts: 5,537 ✭✭✭Widdensushi


    Surely he thinks he is a dictator now, that is a shocking statement for a politician.



  • Registered Users, Registered Users 2 Posts: 2,366 ✭✭✭SaoPaulo41


    Jack Chambers came across as very glum and pessimistic on prime time. No positives at all.



  • Registered Users, Registered Users 2 Posts: 2,366 ✭✭✭SaoPaulo41


    This is what we are dealing with.

    The jaw-droppingly stupid comment by Trump's commerce chief Howard Lutnick proves tariffs are doomed https://mol.im/a/14583737 via https://dailym.ai/android



  • Registered Users, Registered Users 2 Posts: 1,664 ✭✭✭kyote00


    musk and Navarro having a spat over on X.

    From ABC news, Elon Musk took another shot at Peter Navarro on Tuesday over tariffs, calling President Donald Trump's top adviser on trade and manufacturing a "moron" and "dumber than a sack of bricks."



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  • Moderators, Category Moderators, Computer Games Moderators, Society & Culture Moderators Posts: 8,666 CMod ✭✭✭✭Sierra Oscar


    I don't see why we need any conspiracy theory really. What rational investor would buy US debt when they are imploding their economy? It's fairly obvious that confidence in the US treasury is evaporating. It'll bring them a world of pain sooner or later if it continues, including a liquidity crisis. I'm not sure if anyone is ready for US 10 year yields to be north of 6%.



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