Posted on 04/06/2025 11:56:22 AM PDT by ChicagoConservative27
TAIPEI, April 6 (Reuters) - Taiwan's President Lai Ching-te on Sunday offered zero tariffs as the basis for talks with the U.S., pledging to remove trade barriers rather than imposing reciprocal measures and saying Taiwanese companies will raise their U.S. investments.
President Donald Trump announced across-the-board import tariffs on Wednesday, with much higher duties for dozens of trading partners, including Taiwan, which runs a large trade surplus with the U.S. and faces a 32% duty on its products.
The U.S. tariffs, however, do not apply to semiconductors, a major Taiwanese export.
(Excerpt) Read more at reuters.com ...
Ask them i f they agree that zero tariffs are a good thing. If they say yes, ask them what their plan would be to get rid of them.
I expect a big up day for the Markets on Monday.
I am unqualified to comment but I’m hopeful more countries will seek a mutual lowering of trade barriers. Some already have.
I’m hopeful this is a short term pain for long term big benefits situation.
At the same time I’m not going to demonize people who think differently on this issue. There can be reasonable differences of opinion.
I tend to agree but at the same time, we know the markets have grown from cheap money over the last 5 or 6 years. Investors know that’s over, and now they have the uncertainty of the impact of tariffs. Let’s be honest, it’ll take at least a year or 2 to see the effects of fair trade and in addition, Trump cant run again. What happens to his policies when he leaves office?
I see the markets dropping another 5/10% before they level out and start to go up. That said, they wont come back to the highs anytime soon because the money flow is over.
Yeah, because the globalists are having a tamper tantrum.
The Cramer call of black monday could be some rockets up. Usually a counter call on those.
I think you’re forgetting about all the cheap money that has driven up stock prices. Investors know that over now.
50 countries so far do, Newsmax.
Tomorrow will be buying opportunity of the decade.
More than 50 Countries Have Contacted White House to Start Trade Talks, Trump Adviser Says. Unlike other economists, Hassett said he did not expect a big hit to consumers because exporters were likely to lower prices.
I am taking the opposite position, a big, big up day (partly because of his comments), bit also because of what you said (several countries agreeing to talk or even reduce their tariffs)! I put my money where my mouth is, and bought big in after hours trading on Friday.
Hoping for at least a lower open before the move up on Monday—just to finish my shopping list.
And box China out.
Dang CD! Don’t sugar coat it! Tell us how you really feel!
:)
I sure hope building Fabs in America is part of the deal. It takes months to create a chip and twice as long to build the Fab which makes them. If China attacks Taiwan now we will face a severe shortage of semiconductors.
ya I kinda came unglued for a moment, and now I feel so much better :)
I think there should be ZERO tariffs between allies.
It has to do with the out of whack PE ratios getting cut down to size. It also has to do with the big tech companies getting beat up.
The market has been on a rocket since COVID. It’s time to come back to earth.
And, if “investors” were soooo concerned about this they should have been buying puts. It’s not like any of this was a secret.
And people who stare at their 401(k) mostly have no idea what they are invested in, in the first place. They gleefully hand 5-15% of their gross income to strangers every week. I don’t want to say they deserve what they get…but they are going to get what they get.
In six months, this will be a blip on the screen.
I believe PDJT will usher in a New Golden Age.
I am old enough to remember President Reagan’s boom years that lasted into the mid-90s.
PDJT will far surpass the Reagan boom. By a lot.
I was a 20 somthing in the Reagan years, and I agree completely.
Maket down almost down another 5%, oops is
Spx 4800, lower than 2024.
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