President Trump and US politics catchall

[Sandstorm]

Start with 43% extra tariffs (on EU for example), then drop back and settle on 10% increase. This is how he’s always Made Deals.

Trump still wins.

Well he could have said, we're putting 10% on everyone because we need income to deal with the nation debt, which is fair and you're all in the same boat and if you retaliate we'll go for you and pretty much everyone would have happily toed the line. Instead we've this shitshow.

I'd be looking very carefully at Trump's inner circle's stock purchases over the last day or so.

If he claimed 10% was all he wanted, the markets would still get snippy until he dropped to 3% or something.

Start high, finish lower but still ahead.

P.S. He’s still a Cnut who doesn’t really know what he’s doing or care who gets hurt in the process.

[TB63]

Those penguins must be well chuffed..

[Flockwitt]

Not so sure. As I said to an American mate of mine, the Canadians are one thing, the penguins are another - never forget, never forgive.

[Gumboot]

[Flockwitt]

Dang uppity peasants.

[ScarfaceClaw]

Dang uppity peasants.

And their pesky bond market.

[TB63]

Yup, makes sense.....

[lemonhead]

"Mr. Gorbachev, tear down this wall. Or go under it, or around it or over it, you know, I think you gotta be flexible. The word here is flexible."

Fkin child.

[dpedin]

China dumping US debt would be akin to them exploding a bomb and staying in the same room as the bomb. It would actually harm the Chinese more than the Americans.

Us said they would do that to UK & lesser extent France in the suez crisis.

Mutual self destruction .... Trumps tariff strategy is the same mutual self destruction though! Feckin madness, still my money is on China winning. When things go tits up there will be riots in the US and not in China for obvious reasons!

Apparently it was Japan who started trend of offloading its US Treasury bonds not China?

[Slick]

90 day pause on everyone apart from China..

That'll line his buddies pockets as they bought cheap..

Oh for goodness sake, we’re not still on some billionaire conspiracy theory are we? They are fucking morons without a plan, no more, no less.

Still, 10% on tin foil hats from Penguin Island, could have been worse

[fishfoodie]

90 day pause on everyone apart from China..

That'll line his buddies pockets as they bought cheap..

Oh for goodness sake, we’re not still on some billionaire conspiracy theory are we? They are fucking morons without a plan, no more, no less.

Still, 10% on tin foil hats from Penguin Island, could have been worse

They might be morons, but they're venal enough to use their information to get richer !

https://seekingalpha.com/news/4429497-m ... zon-others

[convoluted]

Hail to The Chief !!!
So much winning.

He has brought all the global tariff cheats to heel except China ...
... who he conned into a trap which has left Beijing stranded in a dead-end.

[convoluted]

90 day pause on everyone apart from China..

That'll line his buddies pockets as they bought cheap..

Trump repeatedly warned "Don't Panic".
But many got conned by the MSM-Dems into the kind of flapping, headless hysteria evidenced in recent posts in this very thread.
So when investors ignored Trump's advice and sold, then Trump repeatedly announced to the world that it had become a great Buy Opportunity.

The chance to cash in was there for everybody, and it was all set up not by Trump but by the screeching of the Dems.
So much losing for you all, fellas.

[Guy Smiley]

Not so sure. As I said to an American mate of mine, the Canadians are one thing, the penguins are another - never forget, never forgive.

[TedMaul]

90 day pause on everyone apart from China..

That'll line his buddies pockets as they bought cheap..

Trump repeatedly warned "Don't Panic".
But many got conned by the MSM-Dems into the kind of flapping, headless hysteria evidenced in recent posts in this very thread.
So when investors ignored Trump's advice and sold, then Trump repeatedly announced to the world that it had become a great Buy Opportunity.

The chance to cash in was there for everybody, and it was all set up not by Trump but by the screeching of the Dems.
So much losing for you all, fellas.

That’s a baffling take. The only flapping, headless hysteria on display was this moron and his incoherent display. Backed down, shat himself, in a corner on China.
Let’s not forget that behind the scenes the real work did get done though. Showers.

In my case, I like to take a nice shower to take care of my beautiful hair,” Trump said as he signed the executive order, which the White House said would apply to multiple household appliances, including toilets and sinks. “I have to stand under the shower for 15 minutes until it gets wet. It comes out drip, drip, drip. It’s ridiculous.”

[TedMaul]

He folded, lost his nerve, panicked.

‘’Of course, Mr Trump will not admit he has blinked, claiming last night some investors had got "a little bit yippy, a little bit afraid".

And it is perfectly possible that markets face more volatile days ahead: the spectre of Mr Trump's tariffs being reinstated 90 days from now still looms and a full-blown trade war between the US and China is now raging.

But Mr Trump has blinked. The bond vigilantes have brought him to heel. This president, who by his aggressive use of emergency executive powers had appeared to be more powerful than any of his predecessors, will never seem quite so powerful again.’

[dpedin]

He folded, lost his nerve, panicked.

‘’Of course, Mr Trump will not admit he has blinked, claiming last night some investors had got "a little bit yippy, a little bit afraid".

And it is perfectly possible that markets face more volatile days ahead: the spectre of Mr Trump's tariffs being reinstated 90 days from now still looms and a full-blown trade war between the US and China is now raging.

But Mr Trump has blinked. The bond vigilantes have brought him to heel. This president, who by his aggressive use of emergency executive powers had appeared to be more powerful than any of his predecessors, will never seem quite so powerful again.’

This 100%! Trump had his Truss moment and found that the Lettuce, or rather the markets, rules ya bass!

Trump was essentially told he had to fold or else the US Treasury, representing the worlds biggest economy wouldn't be able, or afford to raise enough cash to cover their debts and keep the Gov running. This would have precipitated a crash, a big crash the likes of which the world has never seen before, a beautiful crash .... add your own Trumpisms. The bluffer got out bluffed, folded and lost a huge part of his pot - the US reputation, relationships with their allies and a bit hit on his economy as trade slowed down. As Ted says above the biggest loss is being seen as weaker than everyone thought!

However this was just a major skirmish, the war aint over! We still have 10% tariffs, 25% on cars etc plus 100%+ on China who will not back down! Trump will continue to fold on the tariff agenda as the reality bites in the US and China play hardball. He will gradually back down claiming some pyrrhic victory and try and shift the agenda. Mr Navarro has had his 15 mins of fame and will be shuffled out of the limelight along with his mate 'Ron Nava' and another unqualified ex car salesman/Fox TV presenter/drunk junkie/plastic blonde barbie sycophant will replace him. Worryingly he needs a distraction, something big to refocus public attention and give him a new 'enemy' to blame. What the feck he does next who the feck knows!

[robmatic]

What the feck he does next who the feck knows!

He's going to bomb Iran.

[Paddington Bear]

In the end, everyone is scared of the bond market.

Not opposed to decoupling the west from China, would prefer some basic competence in doing so

[Yeeb]

Start with 43% extra tariffs (on EU for example), then drop back and settle on 10% increase. This is how he’s always Made Deals.

Trump still wins.

Well he could have said, we're putting 10% on everyone because we need income to deal with the nation debt, which is fair and you're all in the same boat and if you retaliate we'll go for you and pretty much everyone would have happily toed the line. Instead we've this shitshow.

I'd be looking very carefully at Trump's inner circle's stock purchases over the last day or so.

Well MTG sold her stock before this shitshow; but the chances of the SEC doing anything is less than zero.

Deffo there are some Trump fans with an inside track who have made a killing in the past week thanks to some inside ‘hunch’ shall we say. Zero chance anyone will get busted for it though.

[sturginho]

[Rhubarb & Custard]

In the end, everyone is scared of the bond market.

Not opposed to decoupling the west from China, would prefer some basic competence in doing so

There were some key manufacturing operations returning to the USA post Covid and on the back of Biden's (rather protectionist) IRA. That could have been built on delivering transport, water and power infrastructure, especially green power. But no, a drug addled toddler was left to run the show, with due apologies to toddlers, even the ones on ketamine and speed

[_Os_]

My best guess at what Mad Dog Trump is up too is that he's going to say if a country tariffs China then he removes the US tariffs on that country, like a gangster he wants everyone in his protection racket not that of another crime family. I can't imagine what else some of the places he's tariffed can give him, it's not like there's anywhere holding out, they're already taking the US investment that comes their way and exporting whatever they can.

When you look at the numbers I'm not really convinced it's going to work. Lets go through some countries:

Australia is highly dependant on China, both directly and through the value chains of other Asian countries, for them a trade war with China would blow up their entire economy. NZ not as directly exposed, but again lots is indirect (including through Australia). SA is more or less split one quarter each US/Europe/SSA/China, but if the choice is dump one the obvious ones you keep are Europe and SSA. UK is mostly Europe focused, then US, then China, could dump China but it's the single biggest source of imports quite hard to replace all that immediately over night and avoid inflation.

Comes back to economic gravity, our old friend from Brexit. If he's going to try and wrestle countries into actively opposing China, the geographically closer that country is to China the more likely it is he'll have to give that country a deal that's really good, exactly the type of relationship Trump hates.

[Slick]

My best guess at what Mad Dog Trump is up too is that he's going to say if a country tariffs China then he removes the US tariffs on that country, like a gangster he wants everyone in his protection racket not that of another crime family. I can't imagine what else some of the places he's tariffed can give him, it's not like there's anywhere holding out, they're already taking the US investment that comes their way and exporting whatever they can.

When you look at the numbers I'm not really convinced it's going to work. Lets go through some countries:

Australia is highly dependant on China, both directly and through the value chains of other Asian countries, for them a trade war with China would blow up their entire economy. NZ not as directly exposed, but again lots is indirect (including through Australia). SA is more or less split one quarter each US/Europe/SSA/China, but if the choice is dump one the obvious ones you keep are Europe and SSA. UK is mostly Europe focused, then US, then China, could dump China but it's the single biggest source of imports quite hard to replace all that immediately over night and avoid inflation.

Comes back to economic gravity, our old friend from Brexit. If he's going to try and wrestle countries into actively opposing China, the geographically closer that country is to China the more likely it is he'll have to give that country a deal that's really good, exactly the type of relationship Trump hates.

I guess it raises the question of how the hell are they going to negotiate all these wonderful trade deals that countries are kicking their ass to do. There is an utter lack of intellectual capital or diplomatic experience in the first few levels of US government now

[Deepsouth]

We should ban them.? Let them enjoy the clouds...

[PCPhil]

BBC News - Trump signs order to 'make America's showers great again'
https://www.bbc.com/news/articles/cm2eeggyppzo

Is this for real? Trump wants to make golden showers great again?

[tabascoboy]

BBC News - Trump signs order to 'make America's showers great again'
https://www.bbc.com/news/articles/cm2eeggyppzo

Is this for real? Trump wants to make golden showers great again?

This served "a radical green agenda that made life worse for Americans", the White House said, as Trump criticised the "ridiculous" amount of time he says it takes to wet his hair in the shower.

[Kawazaki]

To be fair to Trump, he's asked often enough what's the point of spending $billions to conserve energy and natural resources when the Chinese just keep opening new coal power stations every week.

He's got a point of sorts here, the atmosphere doesn't distinguish where the pollutants come from, they all get distributed eventually so why should western economies throttle back if the Chinese just keep ramping it up?

[Guy Smiley]

To be fair to Trump, he's asked often enough what's the point of spending $billions to conserve energy and natural resources when the Chinese just keep opening new coal power stations every week.

He's got a point of sorts here, the atmosphere doesn't distinguish where the pollutants come from, they all get distributed eventually so why should western economies throttle back if the Chinese just keep ramping it up?

The Chinese don’t keep just ramping it up, that’s misinformation. While they have opened new fossil fuel power plants to keep pace with their demands, the rate of renewables they’re installing leads the world and as a percentage of their overall is fucking impressive.

[Gumboot]

The chance to cash in was there for everybody, and it was all set up not by Trump but by the screeching of the Dems.
So much losing for you all, fellas.

So, after the ever benevolent King wiped out north of $5 trillion from the markets, he's now ingeniously offering his loyal subjects a chance to "cash in", or rather, "win" some of their money back? Such generosity!

But wait, for some reason those same subjects are grumpy at the King again today..?

So much winning...

[Flockwitt]

To be fair to Trump, he's asked often enough what's the point of spending $billions to conserve energy and natural resources when the Chinese just keep opening new coal power stations every week.

He's got a point of sorts here, the atmosphere doesn't distinguish where the pollutants come from, they all get distributed eventually so why should western economies throttle back if the Chinese just keep ramping it up?

The Chinese don’t keep just ramping it up, that’s misinformation. While they have opened new fossil fuel power plants to keep pace with their demands, the rate of renewables they’re installing leads the world and as a percentage of their overall is fucking impressive.

Yep, good point. China's also the one pushing the boundaries with their planned enormous space solar array to beam energy back. Another is the US needs extra power in a hurry themselves because of the data center surge that's gobbling up electricity like nobody's business. Their grid is under all sorts of strain with small generators like gas fired and small nuclear getting a real boost to cope with the data center demand. All sorts of issues behind the scenes with it too, residential consumers looking to avoid being hit with the costs of the infrastructure rebuild. Bringing some coal generators back on line will help with this, Trump's just dick waving to show his support to miners when in fact the US actually needs more power immediately. China's in the same boat, the data centers have completely changed the electrical demand paradigms.

[Niegs]

BBC News - Trump signs order to 'make America's showers great again'
https://www.bbc.com/news/articles/cm2eeggyppzo

Is this for real? Trump wants to make golden showers great again?

This served "a radical green agenda that made life worse for Americans", the White House said, as Trump criticised the "ridiculous" amount of time he says it takes to wet his hair in the shower.

His low pressure thing is totally a 'him' problem right? I have had low flow shower heads for a while and they spray just fine.

[robmatic]

To be fair to Trump, he's asked often enough what's the point of spending $billions to conserve energy and natural resources when the Chinese just keep opening new coal power stations every week.

He's got a point of sorts here, the atmosphere doesn't distinguish where the pollutants come from, they all get distributed eventually so why should western economies throttle back if the Chinese just keep ramping it up?

The Chinese don’t keep just ramping it up, that’s misinformation. While they have opened new fossil fuel power plants to keep pace with their demands, the rate of renewables they’re installing leads the world and as a percentage of their overall is fucking impressive.

Yeah, my brother is an environmental scientist and for years they have been heavily funding the academic side of renewables apparently.

[Niegs]

The chance to cash in was there for everybody, and it was all set up not by Trump but by the screeching of the Dems.
So much losing for you all, fellas.

So, after the ever benevolent King wiped out north of $5 trillion from the markets, he's now ingeniously offering his loyal subjects a chance to "cash in", or rather, "win" some of their money back? Such generosity!

But wait, for some reason those same subjects are grumpy at the King again today..?

So much winning...

At this stage, I believe he would start a lotto to raise money for the rich cnut tax credit by marketing it as a chance for the poors to win back the money siphoned from their 401ks!

[convoluted]

He folded, lost his nerve, panicked.

‘’Of course, Mr Trump will not admit he has blinked, claiming last night some investors had got "a little bit yippy, a little bit afraid".

And it is perfectly possible that markets face more volatile days ahead: the spectre of Mr Trump's tariffs being reinstated 90 days from now still looms and a full-blown trade war between the US and China is now raging.

But Mr Trump has blinked. The bond vigilantes have brought him to heel. This president, who by his aggressive use of emergency executive powers had appeared to be more powerful than any of his predecessors, will never seem quite so powerful again.’

This 100% ! ... Trump was essentially told he had to fold or else the US Treasury, representing the worlds biggest economy wouldn't be able, or afford to raise enough cash to cover their debts and keep the Gov running. This would have precipitated a crash, a big crash the likes of which the world has never seen before, a beautiful crash .... add your own Trumpisms. The bluffer got out bluffed, folded and lost a huge part of his pot - the US reputation, relationships with their allies and a bit hit on his economy as trade slowed down. As Ted says above the biggest loss is being seen as weaker than everyone thought! ...

Oh, please!
This is just an attempt to deflect from the last couple of pages of flapping, headless hysteria from you lot.
The bond did not force Trump's switch as the MSM (and consequently and obediently you all) exclaim.

"You have to be flexible" is Trump's Art of the Deal mantra.
I well recall him saying one or two weeks back that it would be he who would personally negotiate final tariffs with each country.
Once he had everyone but China 'begging' for such negotiations then yesterday he reiterated his intended involvement in final tarrif negotiation with each nation. Hence the 90-day standdown to work his way through them all.
Trump didn't fold ... the world did.

And the Dem Delerium that you all bought into relates to the stark Dem terror that Trump is going to bring China to heel, because decades ago they themselves were demanding that something be done about those very same Chinese tariffs that were ripping the US off.

Chuck Schumer is on tape from many years ago venting about China's trade pilferage.
And here is Nancy Pelosi from way, way back doing her very best imitation of being the ultimate Trump prototype:
... it didn't show ... Posted instead just below.

imagine the sheer humiliation for the Dems if Trump achieves what they squawked about but then passively did nothing to alleviate when in power. And that is why they are in current uproar on this issue.

[convoluted]

[AF73]

BBC News - Trump signs order to 'make America's showers great again'
https://www.bbc.com/news/articles/cm2eeggyppzo

Is this for real? Trump wants to make golden showers great again?

This served "a radical green agenda that made life worse for Americans", the White House said, as Trump criticised the "ridiculous" amount of time he says it takes to wet his hair in the shower.

Or, more likely - The amount of time it takes (someone else) to wet his ridiculous hair?

[convoluted]

The chance to cash in was there for everybody, and it was all set up not by Trump but by the screeching of the Dems.
So much losing for you all, fellas.

So, after the ever benevolent King wiped out north of $5 trillion from the markets, he's now ingeniously offering his loyal subjects a chance to "cash in", or rather, "win" some of their money back? Such generosity!

But wait, for some reason those same subjects are grumpy at the King again today..?

So much winning...

You are simply showing your naivety gumboot.
There is never a ginormous one-day market surge such as Wednesday's which is not followed by an immediate easing the next day.
Those who jumped in on Tuesday at the bottom take their 8-10-12 percent Wednesday killing then quickly retreat that same day before the inevitable follow-up dip.
Even those who held on Wednesday's profits are still way ahead.
So much winning for all of them.

Regrettably not myself as I don't have the spare money to dabble.

[Gumboot]

flapping, headless hysteria

flapping, headless hysteria

flapping, headless hysteria

[sockwithaticket]