Trump threatens 'massive increase' on China tariffs

8,540 Views | 106 Replies | Last: 6 mo ago by aTmAg
infinity ag
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I really wish he would apply his tariffs and be done with it. Not threaten and roil the markets everyday.


https://finance.yahoo.com/news/live/stock-market-today-dow-sinks-500-points-sp-500-nasdaq-plummet-as-trump-threatens-massive-increase-on-china-tariffs-164432249.html

Quote:

US stocks turned lower Friday as President Trump and China traded blows on tariffs, with Trump threatening a "massive increase" in tariffs on Chinese goods.

The Dow Jones Industrial Average (^DJI) lost 1%, or over 500 points, while the S&P 500 (^GSPC) fell 1.5%. The tech-heavy Nasdaq Composite (^IXIC) slid over 2.2%, leading losses.


Quote:

Trump unloaded on China and its leader, Xi Jinping, in a lengthy post on Truth Social on Friday. The post came after China heated up trade tensions with the US, adding new port fees on American ships and launching an antitrust investigation into Qualcomm (QCOM). Beijing has also been in the midst of tightening export controls on rare earth minerals, and it has halted purchases of US soybeans.

"Some very strange things are happening in China!" Trump posted. In his post, he also threatened to cancel a planned meeting with Xi later this month, saying there was "no reason to do so," before threatening the tariff increase.
"Ultimately, though potentially painful, it will be a very good thing, in the end, for the U.S.A. One of the Policies that we are calculating at this moment is a massive increase of Tariffs on Chinese products coming into the United States of America," Trump wrote.

Markets have had an uncertain week, pulled in different directions by AI demand hopes and US government shutdown worries. With Friday's decline, all major indexes look set for firmly down weeks after a retreat from record highs.


Trump's post.

https://truthsocial.com/@realDonaldTrump/posts/115350455734003647
Science Denier
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AG
Buying opportunity!!!
LOL OLD
BigRobSA
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Fiscal liberalism
J. Walter Weatherman
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Gotta love entire global markets moving based on what Trump decides to tweet out from the ****ter that day.
Fishing Fools
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Why don't you wish that China would play fair?
BigRobSA
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Fishing Fools said:

Why don't you wish that China would play fair?


How is taxing US citizens more going to do that?

To bring mfg back we need to deregulate massively and cut taxes. Also, to bolster the economy, gut spending. You know, conservative ideals in lieu of liberal ones like tariffs/taxes.
Colonel Kurtz
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AG
We still doing this tariff ****
Logos Stick
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Why did Trump say this will be painful if we are not paying the tariffs?!
Jarrin Jay
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AG
China is an economic, political, theological and ideological ENEMY of the US. So we need to quit F'ing around with it, either have minimal trade barriers and tariffs on China OR go scorched earth and completely BAN products made in China being imported to the USA. Even ban the import of food from other countries where the goods were sourced in China but assembled offshore in another country.

I know there are 3rd party workarounds and the short term pain would be gigantic, but it would force US companies to source from better and friendlier countries like Mexico, Latin America and South America which can replace much of China production if given the chance.

I have spent much of my commercial finance and banking career in international trade and traveled to China for work, and I can tell you plainly they are deceptive liars and cheaters and we should not be supporting them with our trade $$$.
P.H. Dexippus
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AG

Trump- stick to gutting government waste and regulations
YouBet
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AG
Why don't we acknowledge that this is in response to China f'ing the planet in the last two days. They've put massive restrictions on rare earth elements and a bunch of other stuff.

Certainly our dumbass fault for letting us become dependent on one country for this. China owns 90% of rare earth minerals on the planet.

Got everyone over a barrel.
Ag87H2O
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AG
Evidently, Xi threatened to cut off the export of rare earth minerals to the United States. This is what prompted Trump's response.

We were crazy to ever allow China to hold that gun to our heads. Trump is trying to fix it.
infinity ag
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Fishing Fools said:

Why don't you wish that China would play fair?


China is not my President. Trump is.


No one will play fair. You have to MAKE them play to your rules.
infinity ag
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YouBet said:

Why don't we acknowledge that this is in response to China f'ing the planet in the last two days. They've put massive restrictions on rare earth elements and a bunch of other stuff.

Certainly our dumbass fault for letting us become dependent on one country for this. China owns 90% of rare earth minerals on the planet.

Got everyone over a barrel.


Our useless Presidents (across both parties) have sold us to both India and China. We are now their slaves.
We cannot even kick out H1Bs without harming ourselves. Well done dumbass CEOs and Politicians of ours.
infinity ag
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BigRobSA said:

Fishing Fools said:

Why don't you wish that China would play fair?


How is taxing US citizens more going to do that?

To bring mfg back we need to deregulate massively and cut taxes. Also, to bolster the economy, gut spending. You know, conservative ideals in lieu of liberal ones like tariffs/taxes.


"deregulate", everyone's wet dream but it won't work. It just gives more chance for crooked corp CEOs to misuse and make money.
BigRobSA
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infinity ag said:

BigRobSA said:

Fishing Fools said:

Why don't you wish that China would play fair?


How is taxing US citizens more going to do that?

To bring mfg back we need to deregulate massively and cut taxes. Also, to bolster the economy, gut spending. You know, conservative ideals in lieu of liberal ones like tariffs/taxes.


"deregulate", everyone's wet dream but it won't work. It just gives more chance for crooked corp CEOs to misuse and make money.


Bull****

The entire reason we are here is due to govt regulating away businesses of all types, not the least of which: mfg.

That and overtaxing
BadMoonRisin
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AG
Size 14 Mexihonky two thumbs down
THANK YOU FOR YOUR ATTENTION TO THIS MATTER!
No Spin Ag
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Logos Stick said:

Why did Trump say this will be painful if we are not paying the tariffs?!


From what's being reported, the price increases will start being seen and felt by American consumers beginning next month and going on until Spring.

So, from what's been reported, stay tuned, it's coming.
No Spin Ag
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infinity ag said:

YouBet said:

Why don't we acknowledge that this is in response to China f'ing the planet in the last two days. They've put massive restrictions on rare earth elements and a bunch of other stuff.

Certainly our dumbass fault for letting us become dependent on one country for this. China owns 90% of rare earth minerals on the planet.

Got everyone over a barrel.


Our useless Presidents (across both parties) have sold us to both India and China. We are now their slaves.
We cannot even kick out H1Bs without harming ourselves. Well done dumbass CEOs and Politicians of ours.


I'm the bright side... yeah, I got nothing.
CrackerJackAg
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AG
Science Denier said:

Buying opportunity!!!


2% on my portfolio today…. Give me 12-18% then I'm interested. Maybe…
BigRobSA
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BadMoonRisin said:

Size 14 Mexihonky two thumbs down


14?

What am I, a child?

Size 17s, mofo
BadMoonRisin
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AG
BigRobSA said:

BadMoonRisin said:

Size 14 Mexihonky two thumbs down


14?

What am I, a child?

Size 17s, mofo


Spreadsheet updated. Ill just put size 20 so I dont make the same mistake twice
THANK YOU FOR YOUR ATTENTION TO THIS MATTER!
infinity ag
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I had a put and many calls expiring today. I was worried about assigment for the calls but turns out was going to assign on the put.
Bought to cover so got out. Did not make as much but no assignment.
infinity ag
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BigRobSA said:

infinity ag said:

BigRobSA said:

Fishing Fools said:

Why don't you wish that China would play fair?


How is taxing US citizens more going to do that?

To bring mfg back we need to deregulate massively and cut taxes. Also, to bolster the economy, gut spending. You know, conservative ideals in lieu of liberal ones like tariffs/taxes.


"deregulate", everyone's wet dream but it won't work. It just gives more chance for crooked corp CEOs to misuse and make money.


Bull****

The entire reason we are here is due to govt regulating away businesses of all types, not the least of which: mfg.

That and overtaxing


Yeah sure, remove all regs that control these greedy selfish CEOs. What are you smoking man.
annie88
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AG
Colonel Kurtz said:

We still doing this tariff ****

You really think tariffs just go away?

You really think it's OK that the United States has been getting screwed forever?
I avoid temptation unless I can’t resist it.
pdc093
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TxAG#2011
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I love higher prices!
FobTies
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Rare earth metals arent as rare as countries willing to turn beautiful landscapes in to ugly open pit mines.
Rapier108
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So how bad will the stock market bloodbath be on Monday?

Would not be surprised to see 10-13-25 being labeled another "Black Monday".
"If you will not fight for right when you can easily win without blood shed; if you will not fight when your victory is sure and not too costly; you may come to the moment when you will have to fight with all the odds against you and only a precarious chance of survival. There may even be a worse case. You may have to fight when there is no hope of victory, because it is better to perish than to live as slaves." - Sir Winston Churchill
Logos Stick
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100% tariffs is a nuclear bomb. The only reason the market didn't drop 10% today is because no.one believes Trump will follow through.
FWTXAg
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AG
It's coming folks. Buckle up and lock the doors behind you.
The Fall Guy
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AG
Rapier108 said:

So how bad will the stock market bloodbath be on Monday?

Would not be surprised to see 10-13-25 being labeled another "Black Monday".


Federal Holiday Monday
aginlakeway
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AG
FWTXAg said:

It's coming folks. Buckle up and lock the doors behind you.
.

What is coming?
One day at a time.
Azeew
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Who cares. 10 years from now this will be nothing more than a small bump on the chart. If it drops enough then start buying and take the ride
infinity ag
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Rapier108 said:

So how bad will the stock market bloodbath be on Monday?

Would not be surprised to see 10-13-25 being labeled another "Black Monday".


hahahhahahahahh

easy my friend.
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