General News Discussion

[paul1598419]

The numbers from the EU mostly. There are few if any tariffs coming from there. For instance, the EU collectively taiffs American cars at 1.7%. That's nothing.

Trump and Musk have been saying that SS is rife with fraud. Most recently J D Vance said that 40% of all calls to SS were fraudulent trying to get direct deposits changed. Turns out about 0.00625% of all fraud is associated with this kind of fraud and 0.0025%, or 40% of that number is made to the call center. This earned Vance four Pinocchios from the Washington Post.

 

[RedCowboy]

Nope that is wrong, it's 1.6% on non farm items except cars, US cars pay 10%

From the web:
The EU charges average tariffs of just 1.6 percent on U.S. non-agricultural products, on a trade-weighted basis. But it does charge a higher tariff of 10 percent on imported American cars

 

[paul1598419]

The Dow is down more than 320 points, the Nasdaq 335.35 and the S&P -79.48. What happened to your rally?! I'll tell you what happened, Trump's new tariffs happened.

 

[paul1598419]

Nope that is wrong, it's 1.6% on non farm items except cars, US cars pay 10%

From the web:
The EU charges average tariffs of just 1.6 percent on U.S. non-agricultural products, on a trade-weighted basis. But it does charge a higher tariff of 10 percent on imported American cars

What is your source? Mine is Paul Krugman.

 

[RedCowboy]

US automakers have paid a 10% tariff under the most favored nation trading status on cars imported into Europe.

Questions and Answers on the US reciprocal tariff policy

What is the current value of EU-US trade and investment? Total bilateral trade in goods reached €851 billion in 2023. The EU exported €503 billion of goods to the US market, while importing €347 bill

ec.europa.eu

 

[RedCowboy]

The Dow is down more than 320 points, the Nasdaq 335.35 and the S&P -79.48. What happened to your rally?! I'll tell you what happened, Trump's new tariffs happened.

Investors are loving the lower prices, the lower stock prices fall, the more money we make when they go back up, which happens daily.

This is not a crash, just a temporary downturn with wider swings, hell Tesla ( TSLA ) went from 214 to 249 just today, so if you bought just 100 shares @ 214 and sold @ 249 then you made a profit of 3600 dollars.

p.s. Right now TSLA is back down to 218.64, where do you think it will peak tomorrow..... it will be UP and then back down YAAAAAAAA !!!!



Same thing with PLTR

 

[paul1598419]

Arizona AG Kris Mayes has said that one in five Arizona's get Social Security and have had problems getting their checks. She has made a website for these people to get access to her office.

Investors are loving the lower prices, the lower stock prices fall, the more money we make when they go back up, which happens daily.

This is not a crash, just a temporary downturn with wider swings, hell Tesla ( TSLA ) went from 214 to 249 just today, so if you bought just 100 shares @ 214 and sold @ 249 then you made a profit of 3600 dollars.

p.s. Right now TSLA is back down to 218.64, where do you think it will peak tomorrow..... it will be UP and then back down YAAAAAAAA !!!!



Same thing with PLTR

You have a very unusual way of looking at markets. Tesla went down and that's a good thing for stockholders?

 

[paul1598419]

IRS commissioner Melanie Krause resigned today. That's the third one since Trump took office.

 

[paul1598419]

Dow futures are down again more than one percent. The NASDAQ and S & P futures are down more than one and a half percent. The S&P lost more than twelve percent in the past four days of trading. Trump's new tariffs have now kicked in. Watch the markets tomorrow.

 

[RedCowboy]

In 6 months stock prices will have fully recovered and then some, but 1st they will go up and down daily.
Investors who buy and hold ( long term ) will have to wait to profit, but day traders will profit daily, only those long term investors who panic sell at a loss will lose money, everyone has to learn sometime.

 

[Thefudger]

Y'all care a little too much about politics

 

[paul1598419]

I'd say, under the circumstances you care too little.

 

[RedCowboy]

The Fudger...... Arch nemesis of Willie Wonka ?........ Confectionist villain of Batman and toothache causer of good citizens living in Gotham city ?........ Booty bandit in a Rump Rangers video ?

 

[GSS]

Woah, hopefully dinosaurs are not far behind:

https://twitter.com/x/status/1909247817672957959

https://www.cnn.com/2025/04/07/science/dire-wolf-de-extinction-cloning-colossal/index.html

How would they know what a dire wolf sounded like 10,000 years ago to compare?
These were also pups but cute!

 

[paul1598419]

I've been saying all along that Trump could end this anytime he wanted. He has put a 90 pause on a substantial number of tariffs. He did increase the ones on China to 125 percent. But, markets so far have responded to this pause.

 

[RedCowboy]

Stock market is UP