New Tarrifs

Started by Flycut, February 02, 2025, 04:03 PM

Previous topic - Next topic

0 Members and 1 Guest are viewing this topic.

gcode

Quote from: Smit on April 04, 2025, 06:23 AMputting tariffs on those penguins is going to pay off big time! 

those penguins are commies  :rant:
Funny Funny x 1 View List

Smit

Quote from: gcode on April 04, 2025, 07:00 AMthose penguins are commies  :rant:

You might be right about that. I'm not sure what economic system penguins prefer.  :headscratch:

Smit

OMFG, who would have ever thought other countries might dare retaliate against our great orange hope!?!?!  :crazy:

Sell-off worsens worldwide and Dow drops 1,000 after China retaliates against Trump tariffs

Excerpt:
QuoteStock markets worldwide are careening even lower Friday after China matched President Donald Trump's big raise in tariffs in an escalating trade war. Not even a better-than-expected report on the U.S. job market, which is usually the economic highlight of each month, was enough to stop the slide.

The S&P 500 was down 2.9% in early trading, coming off its worst day since COVID wrecked the global economy in 2020. The Dow Jones Industrial Average was down 1,038 points, or 2.6%, as of 9:53 a.m. Eastern time, and the Nasdaq composite was 2.9% lower.

So far there are few, if any winners, in financial markets from the trade war. European stocks saw some of the day's biggest losses, with indexes sinking roughly 4%. The price of crude oil tumbled to its lowest level since 2021. Other basic building blocks for growth, such as copper, also saw prices slide sharply on worries the trade war will weaken the entire global economy.

Del.

The sky is falling!
Funny Funny x 1 View List

Elmer Fudd

Could you imagine the outrage if the dems raised taxes 25% and tanked the stock market?

Del.

Quote from: Elmer Fudd on April 04, 2025, 07:28 AMCould you imagine the outrage if the dems raised taxes 25% and tanked the stock market?

Why didn't the Dems cancel China Tariffs and sanctions on Russia then?

Elmer Fudd

Quote from: Del. on April 04, 2025, 07:31 AMWhy didn't the Dems cancel China Tariffs and sanctions on Russia then?

IDK.
Like Like x 1 View List

Bucky Cornstarch

Quote from: Smit on April 04, 2025, 07:11 AMOMFG, who would have ever thought other countries might dare retaliate against our great orange hope!?!?!  :crazy:

Sell-off worsens worldwide and Dow drops 1,000 after China retaliates against Trump tariffs

Excerpt:

The only thing that a Trumpster takes from the report:

QuoteThe price of crude oil tumbled to its lowest level since 2021.

Hey look, gas prices are down, so fuck Sleepy Joe and fuck Kamala!

 :cheer:

beej

Quote from: Smit on April 04, 2025, 07:11 AMThe price of crude oil tumbled to its lowest level since 2021. Other basic building blocks for growth, such as copper, also saw prices slide sharply on worries the trade war will weaken the entire global economy.

wait, are we complaining that the price of oil and copper are going down?
Crazy Crazy x 1 View List
Human pride weighed you down so heavily that only divine humility could raise you up again. ~Augustine of Hippo

Del.

Quote from: Bucky Cornstarch on April 04, 2025, 07:39 AMThe only thing that a Trumpster takes from the report:

Hey look, gas prices are down, so fuck Sleepy Joe and fuck Kamala!

 :cheer:


I agree with you here. Not sure why gas is still high when oil prices are down.

Elmer Fudd

Quote from: Del. on April 04, 2025, 07:41 AMI agree with you here. Not sure why gas is still high when oil prices are down.

If it's imported add 25%
Funny Funny x 1 View List


neurosis

Quote from: Del. on April 04, 2025, 07:31 AMWhy didn't the Dems cancel China Tariffs and sanctions on Russia then?

When is the last time you've seen a Dem remove a tax?  :lol:
Like Like x 1 View List
I'll go back to being a conservative, when conservatives go back to being conservative.