dwy000

The word was used by JD Vance (who literally wrote a book about hillbillies). Who are we tryi g to kid? He meant it as derogatory not compassionate. The spin is dizzying.

This idea that Chinese are peasants working for $2 in factories is so dated. If you've been to Chinese factories they are some of the most modern and efficient anywhere in the world. There's a reason most of the labor intensive factory work (eg textiles, shoes, etc) have moved to Vietnam and Malaysia - because it's cheaper and because China is moving up the manufacturing curve. They've spent the last 10-15 years investing in research, technology and education. They dont need to steal IP anymore, they create it. Look at the cars they're producing today - way better and cheaper than anywhere else. And going full tariff and isolationism is never, ever going to move the world backward and make the US more competitive, just the opposite. Onshoring the manufacturing of cheap crap and cutting research spend makes China the clear winner of this fight globally. It's no wonder they're willing to play hardball. Their leaders can take lots of short term pain for the long term gains.

He's not taxing foreigners thru tariffs. He's taxing Americans.

It's not really the dollar amount per se, it's the uncertainty. The $ amounts you reference were potentially just doubled in the last 10 minutes.

If Xi doesn't back down he might not get re-elected.

It's probably an overreaction to the final result but it's the uncertainty driving the overreaction. Both the uncertainty of the final cost, the uncertainty of competitive reaction, the uncertainty of consumer reaction (yes $15 more isnt a ton but if.every other bill is rising by 10% you start to question if you need new shoes), and also the uncertainty of international reaction which could impact demand for your product globally. There's a chain reaction. The market can deal with just about anything. The one thing it truly hates is uncertainty.

Picked up some more Visa. Great company at a more reasonable price.

No way LV is going to let that mark up happen in a high tax country. They probably mark it up in Asia or a low tax region before transferring it to the US distributor at high value so the taxable profit in the US is low.

My guess is most of it goes away because he gets a reduction in the tariffs from countries that don't (and will never) buy goods from us and he will play it as a master stroke of negotiations. The market will soar.because its over and he hopes they forget the turmoil it caused for no gain.

I didnt watch all the way through but this was like having a consultant talk to you. Tons of talking with lots of buzzwords and absolutely nothing of substance. His argument for tariffs is the "reindustrialization of America" and saying that trade policy isn't fair. Nobody is investing hundreds of $bns to reindustrialize based on policy that will change in 3 years, 3 months or 3 weeks. And do we really want to manufacture shoes and t-shirts instead of putting that investment into software, AI, health and quantum computing? And he ties it to the tax cuts. So effectively we are putting a consumption tax in place to fund income tax cuts. What was that about benefitting the middle class again? Punishing American consumers for decades of other countries feeding our addiction to cheap goods is not a long term fix

While you may joke, without an actual explanation that anyone with any credibility can explain to the public, it really does just look stupid. If you want people to understand why they're being asked to suffer with higher prices and economic turmoil they need an explanation of how it benefits America. And that hasn't been done

So again, what's the end game? Because while Druckenmiller is saying this, nobody in the administration is saying this. And this supposes a policy that will survive Trump. Also it assumes no retaliation.

Ok. Opening salvo to what? Whats the end game? We literally had free trade with Canada and Mexico and nearly free trade with most of the rest of the world. What is the end game that justifies the chaos, turmoil and economic pain at home?

How do the massive tariffs help achieve this?

A negotiating tactic to get what? Canada had free trade. Mexico had free trade. EU was fairly close to free trade. China had targeted tariffs. What exactly is the end game?

Domestic investment boom? What's that based on? The idea that companies are going to spend billions to onshore manufacturing of cheap goods due to tariffs that are likely to change on a daily basis is a tough premise. If anything, I think investment will stagnate for a while until there is more stability and certainty of outlook. If you're say, a homebuilder, do you just pay up for imported goods and hope it works out or do you pause for a while to see if tariffs get changed or dropped? Of course if you're Canadian that may be more realistic as they onshore stuff purchased from the US.

Bessent looks really, really uncomfortable out there. Hes obviously been kept out of the loop on the tariffs and even more obviously doesn't like it but has to hold the party line. I'd be surprised if he lasts another 3 months.

I've gone quite long DELL over the past few days. While I agree there will be some pushback globally against MAG7, the beauty of cloud is that the infrastructure can be almost anywhere. Too expensive to build an AI site in Montana? Just put it in Alberta. Or Melbourne. It's really difficult to tariff software.

That's a very, very valid comment. And I will stop any personal commentary. Where it comes.from is that there are posters on this board i REALLY respect for their stock views and analysis. There are others I respect for their political views (whether I agree or not). And there are ones where I respect both. It's a matter of, if i don't respect the political analysis, even if I agree with it, i really want to question how.much faith i want to put in the stock analysis.

Well I do. Because i want to know if it is from a pre-Trump Hannnity point of view where i want to hear other perspectives or what I'm missing or where we might agree. But if it's from a post-Trump Hannity I can put it on ignore because I know the story without having watch it.

Hence my post! Which asked what policies of Trumps he disagrees with.

And that was the basis of my post. If you have any independent view, by all means state it! But if you just repeat the party line without analysis it's of no value.

I haven't seen anyone on here spouting every talking point of CNN or even democratic policies in general. This board is so great because almost everyone develops their own view and supports it. They don't have to agree at all but it comes from independent analysis not tv talking points. I'm old enough to remember that Sean Hannity got popular for having critical analysis and viewpoints that were based on common sense and equally eviscerated both sides - because they were independent views. Then he went down the Trump rabbit hole and lost his ability to be independent. He's no longer a commentator, he's a mouthpiece. Agreeing with most policies is fine. Agreeing with every policy means you have probably lost the ability to think independently. When's the last time Hannity said Trump was wrong?

@cubsfan can you name a single policy where you have thought for yourself and disagree with Trump? A lot of the pushback is because its like watching Fox, just a spouting of the party line even if it makes no sense.

Now that might be funniest post in a long time.