Trump

[Lupo]

10% for us, 20% for EU, 34% for Chiiii-na

 

[Del Woppio]

Starmer can count that as an enormous win

 

[Jack Regan]

Good to see him going after those economic powerhouses Laos, Madagascar, Myanmar, Vietnam, Cambodia and Sri Lanka...

 

[Del Woppio]

Oh wait I'm confused, is the cars still 25%?

 

[Paddingtonwolf]

Wouldn’t surprise me if the whole lot of them are ‘shorting’ the markets, will make huge amounts as it drops and then huge amounts when they go back up when tariffs are cancelled/deals are made.

Of course they are

In one day last week you could have sold 1 billion Tesla stock you don’t own at 9am and then bought the stock at 3.45pm ro pass to the morning buyers before the Market closes
At that level commission is probably 0.5 per cent so you cream off 45 million on the fall

And then move to the Nikkei and do the same with Toyota and Honda

 

[Jack Regan]

Yep 25% on all car imports.

Someone just needs to say to him that the reason we don't buy any of your cars, is because the majority of them are plastic, gas guzzling, can't get around a corner, ridiculously huge pieces of shit.

 

[Del Woppio]

One thing I will say, is that if this actually works, and it encourages investment and jobs into manufacturing in America, reinvigorates the middle class...get me a red hat

 

[Alan]

One thing I will say, is that if this actually works, and it encourages investment and jobs into manufacturing in America, reinvigorates the middle class...get me a red hat

The amount of infrastructure that would be required for this to start paying off could take a decade or more to get up and running. That's before even considering where the raw materials themselves come from. Hint: it's generally not the US.

 

[darlowolf64]

The amount of infrastructure that would be required for this to start paying off could take a decade or more to get up and running. That's before even considering where the raw materials themselves come from. Hint: it's generally not the US.

It's alright, Trump will be in his 5th term then...

 

[leedswolf]

Yep 25% on all car imports.

Someone just needs to say to him that the reason we don't buy any of your cars, is because the majority of them are plastic, gas guzzling, can't get around a corner, ridiculously huge pieces of shit.

SInce Brexit our biggest single trade partner is the US with just over 21% of our exports in 2023, the US had a $11.9bn trade surples with the UK.

 

[Alan]

It's alright, Trump will be in his 5th term then...

I almost mentioned that in a parenthetical, but I decided not to contemplate the idea and spiral into a depressive episode.

So. Thanks for the depressive episode, jerk.

 

[nimrod]

how the 'fake tariff rates' were calculated apparently ignoring 'services' which the US typically runs a surplus on as we saw with the EU.

https://twitter.com/x/status/1907559189234196942

 

[AndyWolves]

I hope anyone within 5 years of retiring has moved out of equity heavy funds

 

[Kenny]

Love a 10% tariff on the Heard Island and McDonald Islands....no one actually live there.
That said the trade the Penguins do with the USA is probably fucked.

 

[AndyWolves]

Is there a reason Russia isn't on the list?

 

[Kenny]

Is there a reason Russia isn't on the list?

Can't think of any reasons...obviously an admin error they will correct later

 

[leedswolf]

US-Russia trade has dropped considerably since Washington imposed sanctions on Moscow in 2021.

 

[nimrod]

Is there a reason Russia isn't on the list?

maybe..
lack of trade between them?
ukraine/sanctions negotiations?
orange man allegedly being compromised in various ways?

 

[Sniffer]

I’d say sanctions too. They aren’t allowed to buy products from Russia are they?
Trump was talking about higher tariffs for states still purchasing from Russia if (when) Russia doesn’t agree to the ceasefire proposals.

 

[Tredman]

This needs to be more widely known, we are dealing with utter morons

Client Challenge

www.ft.com

Edit - if you go via Bluesky it should be free to read:

https://bsky.app/profile/gilesyb.bsky.social%2Fpost%2F3llvj2rvihc2r