LITEROTICA PODCAST
LIT CAMS (200 Free Tokens)ADULT TOYSVOD MOVIES

The Economy

trump trumpeting huge deal with UK, but it's not that much of a big trading partner with the US anyway... he also says to expect 3 more deals with countries in the next few days. That'll make 4 out of 90(?)
The deal includes reduced tariffs on U.K. cars, duty-free steel imports, and increased access for U.S. beef and ethanol. While hailed as "historic" by the White House, economists were skeptical about its economic impact, noting the U.K. is not a major enough trade partner to significantly affect the U.S. economy.
Click to expand...

The deal does not include changes to the U.K.'s digital services tax or provide U.S. companies with additional access to the U.K.'s national health service, though negotiations are expected to continue in those areas.
Click to expand...
do what now? Are these the same sort of companies who vote NO for healthcare reform and for trump? *one wonders*

https://www.newsweek.com/donald-trump-administration-trade-announcement-tariffs-live-updates-2069544

 
LOLOLOLOL

In a shocking announcement that interrupted regular programming on CNN News, President Donald Trump downplayed the urgency of trade deals he had previously promised.

After boasting about imminent "deals" for weeks, the President revealed during an Oval Office meeting with Canada's Prime Minister on Tuesday that such agreements may not be as critical after all. Trump boldly claimed, "We don't have to sign deals."
Click to expand...

wait, what??? what about that (small) big beautiful board threatening tariffs on penguins and countless countries? what about all those massive deals being made with all those countries falling over themselves to deal with trump??? I am shocked, i tell ya. SHOCKED!!!

He continued, "We could sign 25 deals right now, Howard, if we wanted to. We don't have to sign deals. They have to sign deals with us. They want our market. We don't want a piece of their market. We don't care about their market."
Click to expand...

guess the art of the deal is just one of those progressive cultural classes that doge has eliminated, right?

https://www.msn.com/en-us/news/poli...p&cvid=b11143eed3f0434bb984864cefaba818&ei=48
 
butters said:
trump trumpeting huge deal with UK, but it's not that much of a big trading partner with the US anyway... he also says to expect 3 more deals with countries in the next few days. That'll make 4 out of 90(?)



do what now? Are these the same sort of companies who vote NO for healthcare reform and for trump? *one wonders*

https://www.newsweek.com/donald-trump-administration-trade-announcement-tariffs-live-updates-2069544
Click to expand...

After the first deal, it’s still not clear what the goal of Trump’s tariffs is.

  • Protectionist high tariffs to shield US manufacturing from competition
  • Negotiating away tariffs to spur international trade
Can’t have both.
 
MajorRewrite said:
After the first deal, it’s still not clear what the goal of Trump’s tariffs is.

  • Protectionist high tariffs to shield US manufacturing from competition
  • Negotiating away tariffs to spur international trade
Can’t have both.
Click to expand...

It’s ALL BULLSHIT.

It was ALWAYS ALL BULLSHIT.

We. Told. Them. So.

🌷
 
Lazaran said:
It’s ALL BULLSHIT.

It was ALWAYS ALL BULLSHIT.

We. Told. Them. So.

🌷
Click to expand...
much like trump's announcement of a national holiday today, May 8th

what's closed? nuthin', not the banks, not the stock market, not the mail delivery, not government offices, no retail or grocery stores... wow, that's some impressive flex of presidential power, isn't it? Announce a new national holiday that actually isn't a holiday for anyone. At all.

https://www.msn.com/en-us/news/us/t...p&cvid=b11143eed3f0434bb984864cefaba818&ei=57
 
butters said:
much like trump's announcement of a national holiday today, May 8th

what's closed? nuthin', not the banks, not the stock market, not the mail delivery, not government offices, no retail or grocery stores... wow, that's some impressive flex of presidential power, isn't it? Announce a new national holiday that actually isn't a holiday for anyone. At all.

https://www.msn.com/en-us/news/us/t...p&cvid=b11143eed3f0434bb984864cefaba818&ei=57
Click to expand...

Pope Felonious is such a fucking embarrassment to this nation. (and a clear & present danger).

🤬

We. Told. Them. So.

🌷
 
Trump changes his tune on the economy

President Trump is changing his tune on the economy, suggesting Americans should buy less and will probably pay more and bear the brunt of an uncertain economic landscape as his wide-ranging tariff policy takes effect.

Trump and his economic team have for weeks said the tariffs would result in only short-term pain and that the tumult in the stock market would eventually level out.

But the White House’s messaging has evolved from Trump on the campaign trail promising to lower prices and make America “wealthy” again to Trump suggesting the U.S. needs a cultural shift on consumer spending while accepting that his tariff plan will raise prices.
 
Updated Mon, May 12 20251:30 PM EDT
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email

Dow surges more than 1,000 points after China and U.S. agree to temporary tariff cuts: Live updates​

Brian Evans
Yun Li
Fred Imbert


Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell on May 12, 2025, in New York City.
Angela Weiss | Afp | Getty Images

U.S. stocks roared back on Monday after the U.S. and China agreed to temporarily slash tariffs following negotiations over the weekend in Switzerland, raising hopes a trade war won’t push the economy into a recession.

The Dow Jones Industrial Average surged 1037 points, or 2.5%, staying near its highs for most of the session with buying enthusiasm remaining strong. The S&P 500 popped nearly 3% on Monday, bringing its gain since its April intraday low at the height of tariff pessimism to more than 20%. The benchmark has cut its year-to-date losses to just 0.9%.

The Nasdaq Composite boomed by 4%, as the initial China agreement sent technology stocks tied to the country — like Tesla and Apple — flying higher.

Treasury Secretary Scott Bessent said on Monday that talks with China had been “very productive” and both countries had agreed to cut tariffs temporarily. U.S. tariffs on Chinese goods were brought down to 30, and Chinese tariffs on U.S. imports were slashed to 10%. Bessent told CNBC’s “Squawk Box” on Monday that he expects to meet once again with representatives from Beijing in the “next few weeks” to start ironing out a bigger agreement.

More here: https://www.cnbc.com/2025/05/11/stock-market-today-live-updates.html

More winning.
 
Rightguide said:
Updated Mon, May 12 20251:30 PM EDT
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email

Dow surges more than 1,000 points after China and U.S. agree to temporary tariff cuts: Live updates​

Brian Evans
Yun Li
Fred Imbert


Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell on May 12, 2025, in New York City.
Angela Weiss | Afp | Getty Images

U.S. stocks roared back on Monday after the U.S. and China agreed to temporarily slash tariffs following negotiations over the weekend in Switzerland, raising hopes a trade war won’t push the economy into a recession.

The Dow Jones Industrial Average surged 1037 points, or 2.5%, staying near its highs for most of the session with buying enthusiasm remaining strong. The S&P 500 popped nearly 3% on Monday, bringing its gain since its April intraday low at the height of tariff pessimism to more than 20%. The benchmark has cut its year-to-date losses to just 0.9%.

The Nasdaq Composite boomed by 4%, as the initial China agreement sent technology stocks tied to the country — like Tesla and Apple — flying higher.

Treasury Secretary Scott Bessent said on Monday that talks with China had been “very productive” and both countries had agreed to cut tariffs temporarily. U.S. tariffs on Chinese goods were brought down to 30, and Chinese tariffs on U.S. imports were slashed to 10%. Bessent told CNBC’s “Squawk Box” on Monday that he expects to meet once again with representatives from Beijing in the “next few weeks” to start ironing out a bigger agreement.

More here: https://www.cnbc.com/2025/05/11/stock-market-today-live-updates.html

More winning.
Click to expand...
You should just delete this. The last time you posted about the "surge", the next few days proved you to be a clown.

Still down for the year. And still open to dropping this afternoon.
 
Rightguide said:
Updated Mon, May 12 20251:30 PM EDT
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email

Dow surges more than 1,000 points after China and U.S. agree to temporary tariff cuts: Live updates​

Brian Evans
Yun Li
Fred Imbert


Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell on May 12, 2025, in New York City.
Angela Weiss | Afp | Getty Images

U.S. stocks roared back on Monday after the U.S. and China agreed to temporarily slash tariffs following negotiations over the weekend in Switzerland, raising hopes a trade war won’t push the economy into a recession.

The Dow Jones Industrial Average surged 1037 points, or 2.5%, staying near its highs for most of the session with buying enthusiasm remaining strong. The S&P 500 popped nearly 3% on Monday, bringing its gain since its April intraday low at the height of tariff pessimism to more than 20%. The benchmark has cut its year-to-date losses to just 0.9%.

The Nasdaq Composite boomed by 4%, as the initial China agreement sent technology stocks tied to the country — like Tesla and Apple — flying higher.

Treasury Secretary Scott Bessent said on Monday that talks with China had been “very productive” and both countries had agreed to cut tariffs temporarily. U.S. tariffs on Chinese goods were brought down to 30, and Chinese tariffs on U.S. imports were slashed to 10%. Bessent told CNBC’s “Squawk Box” on Monday that he expects to meet once again with representatives from Beijing in the “next few weeks” to start ironing out a bigger agreement.

More here: https://www.cnbc.com/2025/05/11/stock-market-today-live-updates.html

More winning.
Click to expand...

It’s remarkable how positively the stock markets reacted when Trump caved on some of his stupid tariffs!

A 30% tax on American consumers who buy Chinese products still remains though. More money for big government, less for the people. 👎🏻
 
Lets discuss the timeline of events:
1. The stock market was up during Biden about 5-6% every month
2. Trump enacts tariffs across the board and the market drops 10% in one day
3. Trump removes tariffs and the market still is at the level it was in November, down about 1% on the year.

Trump fucked up the market. Trump changes his mind over and over and the market continues to be volatile day to day and has not recovered since he took office from the loss he created.
 
Tariffs on, tariffs off, tariffs paused, tariff rates cut, trade agreements suspended, preliminary trade agreement announced with minimal details... until a stable, coherent trade policy is in place, the market volatility will continue.

The issue of trust between trading countries needs to be addressed to stabilize trade. And a 10% tariff doesn't help the American public nor a 30%. The only parties making out on this is the us Treasury.
 
You must log in or register to reply here.

Similar threads

B
My Own Economy Thread
2
Replies
41
Views
1K
beckiefalwell
B
RoryN
Trump and his allies hint at economic pain ahead for Americans. This WASN’T in the brochure! (Blame Deplorables for any upcoming bad economy.)
6 7 8
Replies
185
Views
6K
Politruk
P
L
Elon Admits DonOld Will Collapse The Economy.
2 3 4
Replies
80
Views
2K
DeluxAuto
DeluxAuto
Rotadom
The U.S. Economy Reaches Superstar Status
Replies
9
Views
540
Rotadom
Rotadom
RoryN
Article: The Trump Voters Who Are Losing Patience
3 4 5
Replies
116
Views
4K
JohnEngelman
JohnEngelman
Back
Top