Current events discussion

[ThxOne Premium Member]

How? By announcing that he is imposing massive import tariffs on gooids coming into this country.
The market maker respond to shit like that, beleive it or not. They also repsond to the news that an offshore oil rig has gone out of commission, or if the POTUS says we are going to war.
The market makers make a big move, and the smaller players see it and react, in order to protect their own money.

Not on all countries. Which countries Rob? The ones who have unfairly high tariffs on the US? Hmmm?

So now you are claiming that a Presidents words can affect things? Just not gas prices when Biden said and did things. The rumors are true I think. You are an odd duck.

121 million people in the country have money in mutual funds. Almost half of the adult population. Find me one mutual fund that was not affected by the drop in the markets.

It happens DAILY. The markets are a gamble. Why are you the only one who thinks the markets are the best, safest place to invest?

You brought up import tariffs as a solution to regain money lost in the markets. Impprt tariffs cause a direct increase in the cost of living. Ergo, you are saying an increased cost of living will balance out money lost when the markets tanked.

Ergo nothing. If I want to make that statement then I would just say it. What you are Ergoing about when you speak for me is high tariffs. I am saying these countries play fair and LOWER their tariffs then we do the same ERGO the cost of living is LOWER. Please stop speaking for me.

This is what you said, and what I was reading: "Do you know how fast that can be made back if everyone we are dealing with regarding tariffs plays FAIR?" - Thxone.

And you failed again at comprehending even the easiest concept.

Since you have clarified that you want other countries to "play fair" (though I have no idea what that means), I will ask you how does other countries "playing fair" get my money back, when import tariffs on the goods I buy are ultimately paid by ME?

Well if you wait for responses to other post you will see I have answered it. Try to condense you responses into one.

 

[ThxOne Premium Member]

The fact that you distilled what he said down to this single point is telling.

He didn't even get it right when he did it.

 

[RobGMN Premium Member]

The fact that you distilled what he said down to this single point is telling.

"distilled"? I repeated what he said, and asked how he thought it would work.

I want to know how making me pay more for the goods I buy is going to replace the money I lost when Trump tanked the markets. I guess I also want to know how it can happen "fast".

 

[ThxOne Premium Member]

"distilled"? I repeated what he said, and asked how he thought it would work.

I want to know how making me pay more for the goods I buy is going to replace the money I lost when Trump tanked the markets. I guess I also want to know how it can happen "fast".

I actually explained how. But you don't see that because you have HIGH TARIFFS stuck in your head. Probably because that is all you hear. Also, you want to be loyal to the left and their agenda. It makes sense.

 

[Jimi77 Premium Member]

"distilled"? I repeated what he said, and asked how he thought it would work.

I want to know how making me pay more for the goods I buy is going to replace the money I lost when Trump tanked the markets. I guess I also want to know how it can happen "fast".

You distilled tariffs down to how making you pay more for goods will replace the money that Trump (didn't) lose and you think you repeated what he said??? You honestly can't see what you did there? Amazing.

 

[RobGMN Premium Member]

Not on all countries. Which countries Rob? The ones who have unfairly high tariffs on the US? Hmmm?

Do you mean the tariffs they implemented in repsonse to Trump's ridiculous tariffs?
It's "unfair" for them to do that? What is the "unfair" part?

So now you are claiming that a Presidents words can affect things? Just not gas prices when Biden said and did things. The rumors are true I think. You are an odd duck.

I never said Biden could not affect gas prices. I said he did not SET gas prices. I made it very clear that him selling oild form the SPR was an attempt to calm down the surge in prices that happened when Russia declared war on Ukraine.
After claiming Biden broke the law in selling the oil, you complained that it didn't bring prices down ENOUGH.

It happens DAILY. The markets are a gamble. Why are you the only one who thinks the markets are the best, safest place to invest?

Your going off on logical fallacy arguments that have nothing to do with the reality of what happened.
It would be like me telling you that you should ride a bike if you don't like gas prices.

Ergo nothing. If I want to make that statement then I would just say it. What you are Ergoing about when you speak for me is high tariffs. I am saying these countries play fair and LOWER their tariffs then we do the same ERGO the cost of living is LOWER. Please stop speaking for me.

An import tariff raises the cost of living for us. There is no "speaking for you" when I say that. it is an economic fact. It is not a fact you created, nor one you have control over. It is just a fact.
Foreign countries imposed and increased tariffs in direct response to Trump's stupid idea that he would impose insanely high import tariffs. I'm interested in why it is "unfair" for them to do so, when it is being celebrated for Trump to do so.

Why is it "unfair" for a country to have an advantage over us, but not "unfair" if WE have the advantage? Is it "unfair" when WE have the jets that other countries need, and we seel them those jets? Is it "unfair" that WE have the crude oil that other countries don't, and export $124 Billion per year?
What makes it "unfair" that another country does things better and cheaper than us? If it was the other way around, would we simply stop doing it in order to be "fair"?

And you failed again at comprehending even the easiest concept.

Well if you wait for responses to other post you will see I have answered it. Try to condense you responses into one.

I actually explained how. But you don't see that because you have HIGH TARIFFS stuck in your head. Probably because that is all you hear. Also, you want to be loyal to the left and their agenda. It makes sense.

Trump's opening salvo on China was 104% tariffs. Do you not consider that "high"?
On a $5 item that retailed for $15, a 104% tariff moves the retail price to over $30. That's kind of a "high" increase to me.
On Canada (which we are in trade deficit to) and Mexico, it was 25%. That means a $5 item that retailed for $15 goes to $18.75. Also a "high" increase.

So Trump tries to hurt Canada, who were are already under-buying from, by trying to get us to buy even LESS from them? But we want them to buy even MORE from us?
MAGA winning?

 

[RobGMN Premium Member]

You distilled tariffs down to how making you pay more for goods will replace the money that Trump (didn't) lose and you think you repeated what he said??? You honestly can't see what you did there? Amazing.

Here is exactly what he said, no distillation: "Do you know how fast that can be made back if everyone we are dealing with regarding tariffs plays FAIR?" -Thxone

Since you are joining in, I will ask you: How does me paying more for the stuff I buy, replace the money I lost when Trump tanked the markets on April 8th?
I have very real statements from my mutual funds showing how much money was lost due to this tariff BS.
I now want to know how making me pay more for the things I buy will replace those lost funds.

And please spare me the claim that Trump had nothing to do with what happened. If you knew more than every analyst in the world who says the markets directly reacted to his announcement, you'd be living on your private island with more money than Musk and Bezos combined.

 

[Jimi77 Premium Member]

Here is exactly what he said, no distillation: "Do you know how fast that can be made back if everyone we are dealing with regarding tariffs plays FAIR?" -Thxone

Since you are joining in, I will ask you: How does me paying more for the stuff I buy, replace the money I lost when Trump tanked the markets on April 8th?
I have very real statements from my mutual funds showing how much money was lost due to this tariff BS.
I now want to know how making me pay more for the things I buy will replace those lost funds.

And please spare me the claim that Trump had nothing to do with what happened. If you knew more than every analyst in the world who says the markets directly reacted to his announcement, you'd be living on your private island with more money than Musk and Bezos combined.

Why would I answer question that doesn't even apply to what Thx said in the first place? I know you think you got some brilliant gotcha question, but really you're just making yourself look foolish.

And again, I say one thing and you turn it into something else; I never said or implied "Trump had nothing to do with what happened (the April market "crash").

You're so caught up in trying to be right you don't even stop to think about what others are saying. TDS and liberal media has scrambled the minds of modern day liberals.

 

[ThxOne Premium Member]

Do you mean the tariffs they implemented in repsonse to Trump's ridiculous tariffs?
It's "unfair" for them to do that? What is the "unfair" part?

What kind of soft world do you live in??? Do you think these other countries only just raised their tariffs when Trump raised tariffs??? No, Trump raised tariffs on these countries because they already have unfairly high tariffs on America.

I never said Biden could not affect gas prices. I said he did not SET gas prices. I made it very clear that him selling oild form the SPR was an attempt to calm down the surge in prices that happened when Russia declared war on Ukraine.
After claiming Biden broke the law in selling the oil, you complained that it didn't bring prices down ENOUGH.

Can I ask you a question? Why do you keep bringing up irrelevant shit over and over. Who cares who complained about Biden.

Your going off on logical fallacy arguments that have nothing to do with the reality of what happened.
It would be like me telling you that you should ride a bike if you don't like gas prices.

It is logical. If you are smart and want to actually make money then invest more safely.

An import tariff raises the cost of living for us. There is no "speaking for you" when I say that. it is an economic fact. It is not a fact you created, nor one you have control over. It is just a fact.
Foreign countries imposed and increased tariffs in direct response to Trump's stupid idea that he would impose insanely high import tariffs. I'm interested in why it is "unfair" for them to do so, when it is being celebrated for Trump to do so.

Right cause that is what you said when you claimed I inferred it.

Why is it "unfair" for a country to have an advantage over us, but not "unfair" if WE have the advantage? Is it "unfair" when WE have the jets that other countries need, and we seel them those jets? Is it "unfair" that WE have the crude oil that other countries don't, and export $124 Billion per year?
What makes it "unfair" that another country does things better and cheaper than us? If it was the other way around, would we simply stop doing it in order to be "fair"?

Are you simple or something???

Trump's opening salvo on China was 104% tariffs. Do you not consider that "high"?
On a $5 item that retailed for $15, a 104% tariff moves the retail price to over $30. That's kind of a "high" increase to me.
On Canada (which we are in trade deficit to) and Mexico, it was 25%. That means a $5 item that retailed for $15 goes to $18.75. Also a "high" increase.

Are you a CCP supporter? Do you think it is fair how they treat America when it comes to trade?

So Trump tries to hurt Canada, who were are already under-buying from, by trying to get us to buy even LESS from them? But we want them to buy even MORE from us?
MAGA winning?

That is NOT why he did what he did? You really live in your own little world don't you.

Unsecured borders and Fentanyl were the main issues.

 

[RobGMN Premium Member]

Why would I answer question that doesn't even apply to what Thx said in the first place? I know you think you got some brilliant gotcha question, but really you're just making yourself look foolish.

YOU claimed that I distilled Thx's words down to mean something they did not.
His statement was very clear. Since you were helping him out, i asked YOU what his statement meant, if it did no mean the very words that were in it.

If hw was not trying to say that paying import tariffs would offset the money people lost in the market dump, what DID he mean?

And again, I say one thing and you turn it into something else; I never said or implied "Trump had nothing to do with what happened (the April market "crash").

I was heading you off at the pass. It seems to be a common thing here to avoid placing blame on Trump for things he is irrefutably responsible for.

You're so caught up in trying to be right you don't even stop to think about what others are saying. TDS and liberal media has scrambled the minds of modern day liberals.

It's interesting how every time something bad is pointed out about Trump, it's "liberals and their TDS".

Trump violates the COTUS: "Liberals and their TDS"
Trump violates a court order: "Liberals and their TDS"
Trump commits 34 felonies: "Liberals and their TDS"
Trump rapes a woman: "Liberals and their TDS"
Trump admits to being a ****** predator: "Liberals and their TDS"
Trump partners with Communist Russia and tries to get Ukraine to be taken over again by Russia: "Liberals and their TDS"
Trump attempts trickle-down that has never worked before, and fails: "Liberals and their TDS"
Trump attempts ridiculous tariffs that failed the last time he tried, and he fails again: "Liberals and their TDS"
Trump's tariff announcement casue the market to drop precipitously, costing Americans TRILLIONS of dollars: "Liberals and their TDS"
Trump puts Musk in charge of DOGE, and they spend $135 billion to lose the country $300 billion over time: "Liberals and their TDS"
Trump "cuts waste and abuse" while spending multiple dozens of millions playing golf: "Liberals and their TDS"
Trump pardons every scumbag who took part in the insurrection at the Capitol, then suggests paying them all for their lost time: "Liberals and their TDS"
Trump hosts business meetings at the White House to further his personal business interests in the international golf world: "Liberals and their TDS"
Trump charges the government to house the Secret Service staff that stay at his own "house" in Florida every weekend: "Liberals and their TDS"
Trump signs an executive order violating the 14th Amendment: "Liberals and their TDS"
Trump signs executive order to violate the 5th Amendment: "Liberals and their TDS"

Man, that TDS sure causes Trump to do a LOT of fucked up shit, huh?

 

[ThxOne Premium Member]

YOU claimed that I distilled Thx's words down to mean something they did not.
His statement was very clear. Since you were helping him out, i asked YOU what his statement meant, if it did no mean the very words that were in it.

If hw was not trying to say that paying import tariffs would offset the money people lost in the market dump, what DID he mean?

You do know I explained what I meant directly to you don't you?

 

[RobGMN Premium Member]

What kind of soft world do you live in??? Do you think these other countries only just raised their tariffs when Trump raised tariffs??? No, Trump raised tariffs on these countries because they already have unfairly high tariffs on America.

In December 2024, Canada had no tariffs on US goods coming into their Country.
In 2024, the average US tariff on Chinese goods was 20%. In China, the average tariff on US goods was 20%.

Given those facts, it sure would seem that they raised their tariff rates to match the Trump tariffs.
it's almost like they did it on a point-by-point match. Crazy!

https://www.piie.com/research/piie-charts/2019/us-china-trade-war-tariffs-date-chart

Can I ask you a question? Why do you keep bringing up irrelevant shit over and over. Who cares who complained about Biden.

I guess I do. Same way you cared when I complained about Trump during the Biden administration.
Or are those rules for me, but not for thee?

It is logical. If you are smart and want to actually make money then invest more safely.

Speaking of irrelevant, what does that have to do with Trump taking an action that tanked the stock market?
You mean we should EXPECT a president to take an action that ***** half of the country over, in his attempt to play tough guy? An attempt he tried in his FIRST time in office? An attempt that failed then, too?

I shouldn't have to live my life protecting myself from a POTUS who does stupid shit that ***** the country over. This isn't Russia.

Right cause that is what you said when you claimed I inferred it.

Are you simple or something???

That's not an answer. Tell me what is ":unfair" about world trade, as you see it. Do not just reword it and say "they are ******* us over", or something similar.
Tell me the "unfair" part. Explain the "unfair" trade between us and Canada. Then, do the same for China.

Are you a CCP supporter? Do you think it is fair how they treat America when it comes to trade?

See above.

That is NOT why he did what he did? You really live in your own little world don't you.

OK then what WERE his reasons for slamming the tariffs to the ceiling, if not to hurt the countries he named, and took action regarding?
Did he enact the tariffs to make them STRONGER, or WEAKER?

Unsecured borders and Fentanyl were the main issues.

Pure eyewash, unless all the tariffs WE would be paying were going directly to the war on drugs, and securing the border.

Canada represents less than 1/10 of one percent of the Fentanyl coming into the US each year. 27 pounds.
And you think a 25% tariff on Canadian goods to cure the "trade deficit" we have with them (when WE are the ones ripping them off) is going to stop that single 27 lb package form getting here each year?

WOW

 

[ThxOne Premium Member]

In December 2024, Canada had no tariffs on US goods coming into their Country.
In 2024, the average US tariff on Chinese goods was 20%. In China, the average tariff on US goods was 20%.

Given those facts, it sure would seem that they raised their tariff rates to match the Trump tariffs.
it's almost like they did it on a point-by-point match. Crazy!
View attachment 65573

https://www.piie.com/research/piie-charts/2019/us-china-trade-war-tariffs-date-chart

Again... Drugs were coming from China and we asked it to stop OR we would raise tariffs. Seriously... did you not know this?

I guess I do. Same way you cared when I complained about Trump during the Biden administration.
Or are those rules for me, but not for thee?

Not the same way. YOU keep bringing up the past over and over as if it will affect the current conversation in some way.

Speaking of irrelevant, what does that have to do with Trump taking an action that tanked the stock market?
You mean we should EXPECT a president to take an action that ***** half of the country over, in his attempt to play tough guy? An attempt he tried in his FIRST time in office? An attempt that failed then, too?

Seems to be working actually.

I shouldn't have to live my life protecting myself from a POTUS who does stupid shit that ***** the country over. This isn't Russia.

Nobody is making you choose to be hysterical. Or to over react.

That's not an answer. Tell me what is ":unfair" about world trade, as you see it. Do not just reword it and say "they are ******* us over", or something similar.
Tell me the "unfair" part. Explain the "unfair" trade between us and Canada. Then, do the same for China.

See above.

When we have to pay more to countries that we offer lower tariffs to that is unfair. Even that shit out. There is no reason we can't all play along together.

OK then what WERE his reasons for slamming the tariffs to the ceiling, if not to hurt the countries he named, and took action regarding?
Did he enact the tariffs to make them STRONGER, or WEAKER?

Illegals crossing unsecured North and South borders, Drugs entering our country. They were told to do something about it or else. They chose the or else. So Trump said fine, have it your way.

Pure eyewash, unless all the tariffs WE would be paying were going directly to the war on drugs, and securing the border.

Canada represents less than 1/10 of one percent of the Fentanyl coming into the US each year. 27 pounds.
And you think a 25% tariff on Canadian goods to cure the "trade deficit" we have with them (when WE are the ones ripping them off) is going to stop that single 27 lb package form getting here each year?

WOW

You have been lied to.

Drug Seizure Statistics

Securing America's Borders

www.cbp.gov

 

[RobGMN Premium Member]

Again... Drugs were coming from China and we asked it to stop OR we would raise tariffs. Seriously... did you not know this?

Fentanyl is mentioned only twice in the entire fact sheet, and is barely a thought in relation to the main reason he claims for the tariffs:

• Large and persistent annual U.S. goods trade deficits have led to the hollowing out of our manufacturing base; resulted in a lack of incentive to increase advanced domestic manufacturing capacity; undermined critical supply chains; and rendered our defense-industrial base dependent on foreign adversaries.
• President Trump is invoking his authority under the International Emergency Economic Powers Act of 1977 (IEEPA) to address the national emergency posed by the large and persistent trade deficit that is driven by the absence of reciprocity in our trade relationships and other harmful policies like currency manipulation and exorbitant value-added taxes (VAT) perpetuated by other countries.
• Using his IEEPA authority, President Trump will impose a 10% tariff on all countries.
  • This will take effect April 5, 2025 at 12:01 a.m. EDT.

It says already-existing IEEPA orders will remain in effect, and that Counterfeit Drugs are connected to fentanyl. Nothing about import tariffs being imposed on US citizens in order to stop fentanyl being bought by US drug dealers.

Fact Sheet: President Donald J. Trump Declares National Emergency to Increase our Competitive Edge, Protect our Sovereignty, and Strengthen our National and Economic Security

PURSUING RECIPROCITY TO REBUILD THE ECONOMY AND RESTORE NATIONAL AND ECONOMIC SECURITY: Today, President Donald J. Trump declared that foreign trade and

www.whitehouse.gov

Not the same way. YOU keep bringing up the past over and over as if it will affect the current conversation in some way.

The things people did in the distant past create a context for the things they did in the more-recent past.
Context is very important. Even you have said as much.

Seems to be working actually.

The same thing happened last time: He played tough guy, his bluff got called, he backed down.
Winning?

Nobody is making you choose to be hysterical. Or to over react.

You pay a few cents more for gas and you want Biden jailed for it, but I lose tens of thousands due to a sweep of Trump's pen, and I'm "overreacting".
Interesting.

When we have to pay more to countries that we offer lower tariffs to that is unfair. Even that shit out. There is no reason we can't all play along together.

We had matching tariffs with China, and no tariffs with Canada. Canada outspends us by 600% on our goods than we spend on theirs.
What is "unfair" to us about us ripping Canada off like that?
What was unfair about China having the same 20% tariffs that we did?

Illegals crossing unsecured North and South borders, Drugs entering our country. They were told to do something about it or else. They chose the or else. So Trump said fine, have it your way.

He had these areas of concern that he claimed the tariffs would fix:
PURSUING RECIPROCITY TO REBUILD THE ECONOMY AND RESTORE NATIONAL AND ECONOMIC SECURITY
TAKING BACK OUR ECONOMIC SOVEREIGNTY
REPRIORITIZING U.S. MANUFACTURING
THE GOLDEN RULE FOR OUR GOLDEN AGE

Nothing mentioned about our borders or border security, nothing relevant about stopping US drug dealers from buying fentanyl.

You have been lied to.

My source is the USCBP: Source - The nationwide drug seizures dataset, updated monthly by US Customs and Border Protection, provides data on drugs intercepted while being smuggled into the US. It specifies whether the seizures occurred at official ports of entry or between them and includes details on the types and quantities of drugs seized. US Customs and Border Protection Nationwide Drug Seizures

Please tell me your "real" facts.
The page you linked to supports my numbers, so I assume that's not your source of the "real" facts.

16/3160 = .005

 

[ThxOne Premium Member]

Fentanyl is mentioned only twice in the entire fact sheet, and is barely a thought in relation to the main reason he claims for the tariffs:

• Large and persistent annual U.S. goods trade deficits have led to the hollowing out of our manufacturing base; resulted in a lack of incentive to increase advanced domestic manufacturing capacity; undermined critical supply chains; and rendered our defense-industrial base dependent on foreign adversaries.
• President Trump is invoking his authority under the International Emergency Economic Powers Act of 1977 (IEEPA) to address the national emergency posed by the large and persistent trade deficit that is driven by the absence of reciprocity in our trade relationships and other harmful policies like currency manipulation and exorbitant value-added taxes (VAT) perpetuated by other countries.
• Using his IEEPA authority, President Trump will impose a 10% tariff on all countries.
  • This will take effect April 5, 2025 at 12:01 a.m. EDT.

It says already-existing IEEPA orders will remain in effect, and that Counterfeit Drugs are connected to fentanyl. Nothing about import tariffs being imposed on US citizens in order to stop fentanyl being bought by US drug dealers.

Fact Sheet: President Donald J. Trump Declares National Emergency to Increase our Competitive Edge, Protect our Sovereignty, and Strengthen our National and Economic Security

PURSUING RECIPROCITY TO REBUILD THE ECONOMY AND RESTORE NATIONAL AND ECONOMIC SECURITY: Today, President Donald J. Trump declared that foreign trade and

www.whitehouse.gov

The things people did in the distant past create a context for the things they did in the more-recent past.
Context is very important. Even you have said as much.

The same thing happened last time: He played tough guy, his bluff got called, he backed down.
Winning?

Ok, since you have made this statement twice now I think it is safe to say continuing the conversation would be like talking to a brick wall. I will move on.

You pay a few cents more for gas and you want Biden jailed for it, but I lose tens of thousands due to a sweep of Trump's pen, and I'm "overreacting".
Interesting.

A few cents more? No, it was up to a couple dollars more. Man you really love downplaying the lefts **** ups.

We had matching tariffs with China, and no tariffs with Canada. Canada outspends us by 600% on our goods than we spend on theirs.
What is "unfair" abut us ripping Canada off like?
What was unfair about China having the same 20% tariffs that we did?

Listen, pick the needle up off the broken record. It's not just about tariffs. Drugs and open borders. Being fair meaning those countries handle their business and secure their borders.

He had these areas of concern that he claimed the tariffs would fix:
PURSUING RECIPROCITY TO REBUILD THE ECONOMY AND RESTORE NATIONAL AND ECONOMIC SECURITY
TAKING BACK OUR ECONOMIC SOVEREIGNTY
REPRIORITIZING U.S. MANUFACTURING
THE GOLDEN RULE FOR OUR GOLDEN AGE

Nothing mentioned about our borders or border security, nothing relevant about stopping US drug dealers from buying fentanyl.

Out of site out of mind huh. You lefty's just outright ignore shit huh. Chopped up and edited news videos are just fine for you aren't they.

My source is the USCBP: Source - The nationwide drug seizures dataset, updated monthly by US Customs and Border Protection, provides data on drugs intercepted while being smuggled into the US. It specifies whether the seizures occurred at official ports of entry or between them and includes details on the types and quantities of drugs seized. US Customs and Border Protection Nationwide Drug Seizures

Please tell me your "real" facts.
The page you linked to supports my numbers, so I assume that's not your source of the "real" facts.

View attachment 65579
16/3160 = .005

Over 3,000lbs total. The total is what matters.

Anything to argue.