Posted on 04/07/2025 12:43:10 PM PDT by hardspunned
Reporter: There have been some mixed messages. You're talking about negotiations, and yet others in your administration are saying these tariffs are permanent.
Trump: Well, they can both be true. There are things we need beyond tariffs.
My prediction is that the 10% universal tariff will stay, and countries will fight it out to reduce the reciprocal tariffs.
(Excerpt) Read more at x.com ...
Not one step backwards
Trump has said before that the base 10% is non-negotiable.
My God will it.
President Trump just made it clear that the tariffs are here to stay.
_________________________________________
Good. Tariffs ensure fair and free trade between countries with no imbalances.
“...tariffs are here to stay...the base 10% is non-negotiable.”
I just got a big whiff of “The Art of the Deal” in play.
“...Tariffs ensure fair and free trade between countries with no imbalances...”
It’s not that the leftists do not see this...They just don’t want Trump to succeed...The country be damned, they just don’t want Trump to succeed....
I’m beyond sick of this public performative negotiation.
How long before price increases take effect ?
BS headline.
They are here to stay, if you don’t play ball.
From MSN:
President Trump on Monday said the U.S. will apply an additional 50% tariff on imports from China if the Asian nation doesn’t withdraw its plan to impose a retaliatory 34% import fee on American products.
In a post on his Truth Social app, Mr. Trump said that “any country that Retaliates against the U.S. by issuing additional Tariffs, above and beyond their already existing long term Tariff abuse of our Nation, will be immediately met with new and substantially higher Tariffs, over and above those initially set.”
China is the Queen on the chessboard, looking forward to seeing this play out.
Love Is Here To Stay (a hit for Frank Sinatra)
Song by Ella Fitzgerald and Louis Armstrong (updated)
It’s very clear,
tariffs are here to stay
Not for a year, but ever and a day.
The radio and the telephone
And the movies that we know
May just be passing fancies
And in time may go
But oh, my dear
Our tariffs are here to stay
Together we’re going a long, long way
In time the Rockies may crumble
Gibraltar may tumble
They’re only made of clay
But our tariffs are here to stay
Together we’re going a long, long way.
In time the Rockies may crumble
Gibraltar may tumble
They’re only made of clay
But our tariffs are here to stay.
I am going with ITT, I Trust Trump!
Not sure. From what I hear the price of commodities and oil has dropped.
I queried AI to see what it thought (Copilot) about what is affecting markets more - tariffs or overvaluation. It gave a pretty decent answer:
Both factors—tariffs and overvaluation—have played a significant role in the market’s decline, but tariffs seem to be the more immediate trigger for the recent downturn.
Tariffs: The stock market has reacted sharply to President Trump’s sweeping tariffs, with major indexes experiencing their worst declines since the pandemic. Investors are concerned that these tariffs will increase costs for businesses, reduce corporate earnings, and slow economic growth. Some analysts warn that the tariffs could lead to inflation and even a recession.
Overvaluation: The market has been overvalued for some time, with some estimates suggesting it was 63% overvalued before the recent correction. Historically, overvalued markets tend to correct themselves over time, but this process is gradual. While overvaluation contributed to the market’s vulnerability, the tariffs acted as the catalyst for the sharp drop.
In short, tariffs have been the immediate cause of the market’s decline, while overvaluation made the market more susceptible to a correction. If tariffs remain in place, they could have long-term effects on corporate earnings and economic growth, potentially prolonging the downturn.
Tariff calls are here to stay
They will never die
It was meant to be that way
Dem rats don’t know why
I don’t care what commies say
Tariff calls are here to stay
I’m beyond sick of this public performative negotiation.Because it's all over your head?
Oil is down because in a surprise move, OPEC+ raised output by 411,000 barrels a day. I don’t if Trump influenced that but he did ask them to raise production recently and the futures market was surprised by the move.
| Market Index | April 7 Performance | Year-to-Date Performance |
|---|---|---|
| S&P 500 | -12 points (-0.2%), to 5,062 | -819 points (-13.9%) |
| Dow Jones Industrial Average | -349 points (-0.9%), to 37,966 | -4,579 points (-10.8%) |
| Nasdaq Composite | +15 points (+0.1%), to 15,603 | -3,708 points (-19.2%) |
| Russell 2000 | -17 points (-0.9%), to 1,810 | -420 points (-18.8%) |
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.