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  • Trump: Additional 25% tariff, to 50%, on all steel and aluminum coming into US from Canada

    From truthsocial.com

    Based on Ontario, Canada, placing a 25% Tariff on “Electricity” coming into the United States, I have instructed my Secretary of Commerce to add an ADDITIONAL 25% Tariff, to 50%, on all STEEL and ALUMINUM COMING INTO THE UNITED STATES FROM CANADA, ONE OF THE HIGHEST TARIFFING NATIONS ANYWHERE IN THE WORLD. This will go into effect TOMORROW MORNING, March 12th. Also, Canada must immediately drop their Anti-American Farmer Tariff of 250% to 390% on various U.S. dairy products, which has long been considered outrageous. I will shortly be declaring a National Emergency on Electricity within the threatened area. This ... (full story)

  • #1
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  • Mar 11, 2025 10:06am Mar 11, 2025 10:06am
  •  Trader#D608
  • | Status: Unregistered Trader
He has definitely decided to destroy America.
  • #2
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  • Mar 11, 2025 10:07am Mar 11, 2025 10:07am
he deleted it damn
  • #3
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  • Mar 11, 2025 10:09am Mar 11, 2025 10:09am
WHAT IS DOING GOD
  • #4
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  • Mar 11, 2025 10:10am Mar 11, 2025 10:10am
he still doesn't know what 'tariff' means.. sigh
  • #5
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  • Mar 11, 2025 10:12am Mar 11, 2025 10:12am
The U.S. economy is already struggling just from trade tensions with Canada and Mexico—imagine the fallout if Trump escalates the trade war with China and the EU.
  • #6
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  • Mar 11, 2025 10:15am Mar 11, 2025 10:15am
Quoting Guest
He has definitely decided to destroy America.
That's right. Canada has imposed high taxes on American products for years to protect its market, Trump is just leveling the playing field.
  • #7
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  • Mar 11, 2025 10:15am Mar 11, 2025 10:15am
  •  Trader#0FBC
  • | Status: Unregistered Trader
Make America poor again
  • #8
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  • Mar 11, 2025 10:21am Mar 11, 2025 10:21am
Quoting Foxikus
{quote} That's right. Canada has imposed high taxes on American products for years to protect its market, Trump is just leveling the playing field.
Do you think he is doing a good job?
  • #9
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  • Mar 11, 2025 10:22am Mar 11, 2025 10:22am
... by making his own people pay more.. winning!!

Quoting Foxikus
{quote} That's right. Canada has imposed high taxes on American products for years to protect its market, Trump is just leveling the playing field.
  • #10
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  • Mar 11, 2025 10:23am Mar 11, 2025 10:23am
China is loving this war lmao
  • #11
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  • Mar 11, 2025 10:28am Mar 11, 2025 10:28am
  •  Trader#9FC1
  • | Status: Unregistered Trader
stop barking
  • #12
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  • Mar 11, 2025 10:29am Mar 11, 2025 10:29am
He is playing risk literally, will get Canada then move on to Mexico then all the way down to south America a new imperialist
  • #13
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  • Mar 11, 2025 10:30am Mar 11, 2025 10:30am
  •  Trader#4B28
  • | Status: Unregistered Trader
He is Gandooo HAHAHAHAAH
  • #14
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  • Mar 11, 2025 10:31am Mar 11, 2025 10:31am
  •  Trader#BE05
  • | Status: Unregistered Trader
Quoting Foxikus
{quote} That's right. Canada has imposed high taxes on American products for years to protect its market, Trump is just leveling the playing field.
Trump will level US dollar and market down the toilet if he keeps doing this. But I like the fact the way he talks, I keep selling Dollar and making money.
  • #15
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  • Mar 11, 2025 10:37am Mar 11, 2025 10:37am
  •  Trader#7034
  • | Status: Unregistered Trader
Quoting Foxikus
{quote} That's right. Canada has imposed high taxes on American products for years to protect its market, Trump is just leveling the playing field.
That isn't correct, Canadian duties are/were generally lower then US duties on products. Canadians do pay a sales tax though GST and most provinces pay a PST or HST. It is possible you have confused those with the duties. NAFTA which Trump made a mess off his last term was actually more beneficial to the USA. He just doesn't understand it.
  • #16
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  • Mar 11, 2025 10:38am Mar 11, 2025 10:38am
Quoting jordanvic
China is loving this war lmao
https://www.tiktok.com/@independent/...33560643374368
  • #17
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  • Mar 11, 2025 10:45am Mar 11, 2025 10:45am
When you put high tariff on goods imported from other countries, you are invariably asking those companies to come to your country and invest.
  • #18
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  • Mar 11, 2025 10:46am Mar 11, 2025 10:46am
  •  Trader#D608
  • | Status: Unregistered Trader
Quoting Foxikus
{quote} That's right. Canada has imposed high taxes on American products for years to protect its market, Trump is just leveling the playing field.
You,Trump and Putin still live in the 18th-19th century. Since the beginning of 20th century there has been more or less free trade between USA and Canada. More than 100 years later Trump decided to see what happens if he start this bullshit again. I suggest you and Trump look first at the facts before talking and and learn from the history before do something.
  • #19
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  • Mar 11, 2025 10:49am Mar 11, 2025 10:49am
Why has Canada had tariffs on American goods for so many years? and if trump wants a level playing field is he the bad guy? people, compare it in your head
  • #20
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  • Mar 11, 2025 10:53am Mar 11, 2025 10:53am
because they want to protect their industry from being flooded with cheap dairy products from US and put locals out of business.. you know.. what tariffs are actually meant to do.. protect the local industry. Trouble is orange is putting tarrifs on industries that have no actual production in US lol


Quoting Foxikus
Why has Canada had tariffs on American goods for so many years? and if trump wants a level playing field is he the bad guy? people, compare it in your head
  • #21
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  • Mar 11, 2025 10:53am Mar 11, 2025 10:53am
im down on us30 need suggestion for that *futures) postion down like 50%
  • #22
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  • Mar 11, 2025 10:54am Mar 11, 2025 10:54am
Exactly. For years, Canada has levied high taxes on American goods to shield its market, and now Trump is merely balancing the scales.
  • #23
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  • Mar 11, 2025 10:57am Mar 11, 2025 10:57am
"Level playing fields" is a fantasy in trade. Duh. The US has hundreds of tariffs on products and hundreds of subsidies on products. Dairy products are heavily subsidized. The US government provides $billions in subsidies to US dairy and agriculture and this has been going on for most of the last century.

https://www.cato.org/sites/cato.org/...ed%20in%201937.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #24
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  • Mar 11, 2025 10:59am Mar 11, 2025 10:59am
Quoting Foxikus
{quote} That's right. Canada has imposed high taxes on American products for years to protect its market, Trump is just leveling the playing field.
And who signed the commercial treated with them in his first term?
You guessed it... Your beloved President Donald J. Trump.
By his words, a great agreement and achievement at that time.
USMCA Try to look for it!

If looks like shit and smells like shit, do you really need to taste it to recognize its shit?!!!!
Lucky millionaire trader
  • #25
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  • Mar 11, 2025 11:01am Mar 11, 2025 11:01am
Quoting benazi
Trouble is orange is putting tarrifs on industries that have no actual production in US lol {quote}
to get money to keep the lights on in the US govt because the GOP is fundamentally opposed to any kind of taxation on the wealthy.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #26
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  • Mar 11, 2025 11:02am Mar 11, 2025 11:02am
Quoting Guest
He has definitely decided to destroy America.
Friends why worry over what you can not stop or influence! ...the best I think that any PA trader is todo... take positions after this kind of CRAZY MOVES because in the next 4 years we shall see more of this so, just be ready or run out! . this is what I call "operation rule or run"
  • #27
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  • Mar 11, 2025 11:05am Mar 11, 2025 11:05am
Donald Trump is waging an economic war by fueling uncertainty and criticizing the Federal Reserve's (Fed) policies, with the aim of triggering a recession in the United States. Once the economy is weakened, he could justify a rate cut by the Fed, making borrowing cheaper. This strategy would seek to refinance U.S. debt, which is set to mature at the end of 2025, at more favorable rates. By manipulating economic expectations in this way, Trump would aim to ease the financial burden on the United States while strengthening his political power.
  • #28
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  • Mar 11, 2025 11:07am Mar 11, 2025 11:07am
Quoting Foxikus
Why has Canada had tariffs on American goods for so many years? and if trump wants a level playing field is he the bad guy? people, compare it in your head
Canada had tariffs on certain products but were in line with WTO and NAFTA agreements. Trump then scrapped the agreement and agreed on a new one. Trump then changed his mind again with his own agreement and is now back at it with a full-fledged trade war. Canada's economy is not as big as the US, which is why many countries need to protect their industries to keep their economy, through employment and domestic consumption, healthy. Trump probably does not understand nor care for any of these basic economic tenets.

Besides, the only victims of such wild behavior are the poor and the middle-class consumers who pay for these tariffs. It does not affect politicians and billionaires.
  • #29
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  • Mar 11, 2025 11:08am Mar 11, 2025 11:08am
Quoting Foxikus
Why has Canada had tariffs on American goods for so many years? and if trump wants a level playing field is he the bad guy? people, compare it in your head
He's not trustworthy.
He signed USMCA in 2018. What is he complaining about? He proclaimed it as a great achievement!!!

Do Americans know anything about their country?

So much ignorance baffles me.

Smells like shit and looks like shit. Do you need to taste it to recognize its shit?!!!!
Lucky millionaire trader
  • #30
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  • Mar 11, 2025 11:08am Mar 11, 2025 11:08am
Trump genius trade policy
Inserted Video
"If The Fool persists in his Folly he will become wise." - William Blake
  • #31
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  • Mar 11, 2025 11:09am Mar 11, 2025 11:09am
Trump's decision will just cause Canada's economy to crash for a short while, maybe a few weeks or maybe a little longer, he's not taking any risks by doing this, America's economy is much stronger than Canada's and Mexico's economies.
YusufS
  • #32
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  • Mar 11, 2025 11:11am Mar 11, 2025 11:11am
Quoting theonvs
Donald Trump is waging an economic war by fueling uncertainty and criticizing the Federal Reserve's (Fed) policies, with the aim of triggering a recession in the United States. Once the economy is weakened, he could justify a rate cut by the Fed, making borrowing cheaper. This strategy would seek to refinance U.S. debt, which is set to mature at the end of 2025, at more favorable rates. By manipulating economic expectations in this way, Trump would aim to ease the financial burden on the United States while strengthening his political power.
Could be the intent, more likely is there is little understanding of consequences. A recession s not necessarily deflationary. Look up "stagflation".
"If The Fool persists in his Folly he will become wise." - William Blake
  • #33
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  • Mar 11, 2025 11:13am Mar 11, 2025 11:13am
Quoting The Fool
"Level playing fields" is a fantasy in trade. Duh. The US has hundreds of tariffs on products and hundreds of subsidies on products. Dairy products are heavily subsidized. The US government provides $billions in subsidies to US dairy and agriculture and this has been going on for most of the last century. https://www.cato.org/sites/cato.org/...ed%20in%201937.
Finally someone who makes a very good argument understandable by even the dumb average American Joe who believe in all the crap that comes out of the orange guy
  • #34
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  • Mar 11, 2025 11:15am Mar 11, 2025 11:15am
Quoting theonvs
Donald Trump is waging an economic war by fueling uncertainty and criticizing the Federal Reserve's (Fed) policies, with the aim of triggering a recession in the United States. Once the economy is weakened, he could justify a rate cut by the Fed, making borrowing cheaper. This strategy would seek to refinance U.S. debt, which is set to mature at the end of 2025, at more favorable rates. By manipulating economic expectations in this way, Trump would aim to ease the financial burden on the United States while strengthening his political power.
Good theory but you can see by the crap he says and the explosiveness he has on his speeches he is not capable of that kind of plan
  • #35
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  • Mar 11, 2025 11:16am Mar 11, 2025 11:16am
The fascinating thing about this is they are neighbours.
  • #36
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  • Mar 11, 2025 11:18am Mar 11, 2025 11:18am
Quoting The Fool
{quote}Could be the intent, more likely is there is little understanding of consequences. A recession s not necessarily deflationary. Look up "stagflation".
He is not capable of planning anything. Doing a good job with crashing the stock markets though.
  • #37
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  • Mar 11, 2025 11:22am Mar 11, 2025 11:22am
Quoting TraderTero
{quote} He is not capable of planning anything. Doing a good job with crashing the stock markets though.
$4 trillion eased in this 10% down move. If he could refrain from speaking for a few days we could probably claw back a good btfd chunk of that.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #38
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  • Mar 11, 2025 11:27am Mar 11, 2025 11:27am
Quoting The Fool
{quote}to get money to keep the lights on in the US govt because the GOP is fundamentally opposed to any kind of taxation on the wealthy.
Wealthy people do not pay taxes anywhere in the world.
Everyone can see the chart, but only a few can actually read it.
  • #39
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  • Mar 11, 2025 11:30am Mar 11, 2025 11:30am
its season to make more money , friends1
  • #40
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  • Mar 11, 2025 11:32am Mar 11, 2025 11:32am
Quoting The Fool
{quote}$4 trillion eased in this 10% down move. If he could refrain from speaking for a few days we could probably claw back a good btfd chunk of that.
If he stops lying and bragging, he has not much to say anymore.
"It's better to be out wishing to be in... than to be in wishing to be out!
  • #41
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  • Mar 11, 2025 11:34am Mar 11, 2025 11:34am
Every time he posts I believe he is going to break something!

...maybe get a stronger dollar at the end!
Looking for profitable short term trades ...|
  • #42
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  • Mar 11, 2025 11:46am Mar 11, 2025 11:46am
Quoting AJR
{quote} He's not trustworthy. He signed USMCA in 2018. What is he complaining about? He proclaimed it as a great achievement!!! Do Americans know anything about their country? So much ignorance baffles me. Smells like shit and looks like shit. Do you need to taste it to recognize its shit?!!!!
Indeed, MAGA ignorance is baffling. Some MAGA I know think this is all mind games that Trump is playing. I do not even know how to respond to such clowns when they make such statements. It's like they love to pay more as consumers just to keep loving Trump. If this is not a cult, then I do not know what it is. This is sociopathic madness.
  • #43
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  • Mar 11, 2025 11:52am Mar 11, 2025 11:52am
Quoting Guest
He has definitely decided to destroy America.
some friend of his in the US steel industry is now opening champagne bottles and sending some cash his way. Who cares about America.
  • #44
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  • Mar 11, 2025 12:29pm Mar 11, 2025 12:29pm
When your country is being run by morons and xenophobes, they are not putting it first.

https://edition.cnn.com/2025/03/10/p...eck/index.html

Oh wait, I know what you'll say - you don't like the communist news network. Well, here's the dept of agriculture's own admission:

Quote
In November 2018, the Canadian, Mexican, and U.S. Governments signed the United States-Mexico-Canada Agreement (USMCA) to replace NAFTA. The entry-into-force date for USMCA was July 1, 2020. In general, USMCA continues NAFTA’s provisions for tariff- and quota-free trade for almost all agricultural products traded between the United States and Canada, while offering broader market opportunities for U.S. exports to Canada of dairy, poultry, and egg products.

Guess Wharton didn't teach you the concept of maximums, big Don:

Quote
Those high tariffs kick in only after the US has hit a certain Trump-negotiated quantity of tariff-free dairy sales to Canada each year – and as the US dairy industry acknowledges, the US is not hitting its allowed zero-tariff maximum in any category of dairy product.
In many categories,...

I do however see them now lowering these maximums just as an illustration of the FAFO concept but I don't think you ever took FAFO 101 at Wharton either. If the U.S. farmers weren't already getting royally screwed over by this idiotic administration, just wait until that happens - you might be surprised to see many of those formerly red states turn rather blue.
  • #45
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  • Mar 11, 2025 12:47pm Mar 11, 2025 12:47pm
Trump has dictatorial tendencies, so he does not believe in diplomacy. He is hell bent on weakening other countries to benefit the uber-rich of America while robbing the rest of the Americans and creating an even more oligopolistic society. Win-win situations do not exist in Trump's world.
  • #46
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  • Mar 11, 2025 12:54pm Mar 11, 2025 12:54pm
  •  Trader#2ADF
  • | Status: Unregistered Trader
Quoting Guest
He has definitely decided to destroy America.
you are actually wrong he doesnt destroy the economy he is actually doing a very good move but in the meanwhile the reputation of us is at stake
  • #47
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  • Mar 11, 2025 12:57pm Mar 11, 2025 12:57pm
Quoting Subdude
Oh wait, I know what you'll say - you don't like the communist news network. Well, here's the dept of agriculture's own admission: ...
Nope, can't trust woke guvmint agencies. They are all suspect. Most media, also. Really, best to just get the real Truth straight from Dear Leader. Without questioning. Asking questions is just giving in to the libs. (This is how fascism works.)
"If The Fool persists in his Folly he will become wise." - William Blake
  • #48
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  • Mar 11, 2025 1:05pm Mar 11, 2025 1:05pm
  •  Trader#7034
  • | Status: Unregistered Trader
Quoting YusufSicim
Trump's decision will just cause Canada's economy to crash for a short while, maybe a few weeks or maybe a little longer, he's not taking any risks by doing this, America's economy is much stronger than Canada's and Mexico's economies.
Is that why American stock markets are dropping so much faster than Canadian markets? I'm not seeing much weakness in the economy in Canada. Yeah a few things but overall the efforts by Canadian consumers to buy local has bolstered a lot of businesses. The hurt is felt more in the USA and for sure will be long term
  • #49
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  • Mar 11, 2025 1:27pm Mar 11, 2025 1:27pm
The condition has worsened...
Trump living rent free in their heads..
Then they paid Trump to continue living in their heads...
Now the Trump in their heads is larger than their brains.....
Best 7 weeks so far...
  • #50
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  • Mar 11, 2025 1:37pm Mar 11, 2025 1:37pm
  •  Trader#4ED2
  • | Status: Unregistered Trader
Quoting chemosi
The condition has worsened... Trump living rent free in their heads.. Then they paid Trump to continue living in their heads... Now the Trump in their heads is larger than their brains..... Best 7 weeks so far...
YEP.... Time to buy Pharma stocks For TDS.
  • #51
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  • Mar 11, 2025 1:39pm Mar 11, 2025 1:39pm
  •  Trader#D285
  • | Status: Unregistered Trader
Perhaps it is better not buy from Canada at all ? would that be a better idea ?
  • #52
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  • Mar 11, 2025 1:40pm Mar 11, 2025 1:40pm
DJT proving the butterfly effect theory - wave of a hand somewhere creating havoc elsewhere. As far as I can see slightly less than half of the USA disagree with his chaos politics, along with slightly more than 90% of the rest of "the free world". Russia must be loving it, as must be China despite the tariff threat. I'm struggling to keep up - not quite sure which tariffs are currently on & which are off - but I'm pretty sure it'll be different tomorrow.
Chaos good for an occasional shake up, but there is absolutely nothing that businesses & central banks hate more than uncertainty.
It has to be a deliberate policy, will be interesting to see what the world we live in will look like when he's done.
Personally it make for great trading possibilities, but I'm not convinced it's good for anything else!
  • #53
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  • Edited 2:41pm Mar 11, 2025 2:22pm | Edited 2:41pm
Quoting ziggy
DJT .. It has to be a deliberate policy, will be interesting to see what the world we live in will look like when he's done..
I wondered if anyone would ask that very question . While people here rant and rave, why not take some time out to read the official document.

https://www.hudsonbaycapital.com/doc...ing_System.pdf

This document was wrote in November 24 and is the script that’s being followed . Why is any of this a surprise .
  • #54
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  • Mar 11, 2025 2:37pm Mar 11, 2025 2:37pm
Quoting Guest
{quote} YEP.... Time to buy Pharma stocks For TDS.
Get an enema for brainwashed MAGA rube syndrome, too. Get the jumbo size.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #55
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  • Mar 11, 2025 2:42pm Mar 11, 2025 2:42pm
  •  Trader#4ED2
  • | Status: Unregistered Trader
Quoting The Fool
{quote}Get an enema for brainwashed MAGA rube syndrome, too. Get the jumbo size.
You must be seeing a whole team of Doctors.
  • #56
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  • Mar 11, 2025 2:49pm Mar 11, 2025 2:49pm
Expect only chaos for trusting a psycho.
  • #57
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  • Mar 11, 2025 2:52pm Mar 11, 2025 2:52pm
  •  Trader#6DBB
  • | Status: Unregistered Trader
usa has too much debt already and now trump is using tariff to take money from his own people
dollar will be very weak for god knows how long
  • #58
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  • Mar 11, 2025 3:07pm Mar 11, 2025 3:07pm
He is right to want to level the playing field and drain the swamp, but he is pushing too hard. His arrogance is going to throw the U.S. into a depression.
Learn from your mistakes and march on.
  • #59
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  • Mar 11, 2025 4:21pm Mar 11, 2025 4:21pm
Quoting here2there
He is right to want to level the playing field and drain the swamp, but he is pushing too hard. His arrogance is going to throw the U.S. into a depression.
Trump is not looking to level the playing field. He's a psychopath in constant need of attention.
  • #60
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  • Mar 11, 2025 5:12pm Mar 11, 2025 5:12pm
LOL, Ontario already caved in and gave up:

"Ontario Premier Doug Ford agreed to suspend a surcharge on electricity exports to US states a few hours after Trump threatened retaliation against Canada."
  • #61
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  • Mar 11, 2025 5:29pm Mar 11, 2025 5:29pm
Market may crash soon in history
  • #62
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  • Mar 11, 2025 6:18pm Mar 11, 2025 6:18pm
Quoting CashBox
LOL, Ontario already caved in and gave up: "Ontario Premier Doug Ford agreed to suspend a surcharge on electricity exports to US states a few hours after Trump threatened retaliation against Canada."

Please see a joint statement from United States Secretary of Commerce Howard Lutnick and myself: Today, United States Secretary of Commerce and Premier of Ontario Doug Ford had a productive conversation about the economic relationship between the United States and Canada. Secretary Lutnick agreed to officially meet with Premier Ford in Washington on Thursday, March 13 alongside the United States Trade Representative to discuss a renewed USMCA ahead of the April 2 reciprocal tariff deadline. In response, Ontario agreed to suspend its 25 per cent surcharge on exports of electricity to Michigan, New York and Minnesota.
Lucky millionaire trader
  • #63
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  • Mar 11, 2025 6:25pm Mar 11, 2025 6:25pm
Quoting CashBox
LOL, Ontario already caved in and gave up: "Ontario Premier Doug Ford agreed to suspend a surcharge on electricity exports to US states a few hours after Trump threatened retaliation against Canada."
Making a BS statement twice doesn't make it true: https://www.forexfactory.com/news/13...o#post15178474
  • #64
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  • Mar 11, 2025 8:12pm Mar 11, 2025 8:12pm
Well, now that we know Trump wants a weaker dollar, I suppose that means I should be trading against it. So much for making America Great again! Now it looks like everything will be even more expensive for the next four years.
Learn from your mistakes and march on.
  • #65
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  • Mar 11, 2025 8:27pm Mar 11, 2025 8:27pm
so, after all the fuggin drama, Trump will fall back to his 2018 deal, the USMCA, which itself was not much different than NAFTA. Trump will probably call it a great "victory", but look at all the damage done. Trump is a moron, treating sovereign nations like all the drywall (etc) contractors he stiffed over the years. Has zero understanding of the value of friendship. What an embarrassment.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #66
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  • Mar 11, 2025 8:29pm Mar 11, 2025 8:29pm
  •  Trader#599D
  • | Status: Unregistered Trader
Quoting Nick.
{quote}Trump is not looking to level the playing field. He's a psychopath in constant need of attention.
He is the swamp, following the orders of the rest of the swamp.
  • #67
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  • Mar 11, 2025 9:09pm Mar 11, 2025 9:09pm
Quoting The Fool
so, after all the fuggin drama, Trump will fall back to his 2018 deal, the USMCA, which itself was not much different than NAFTA. Trump will probably call it a great "victory", but look at all the damage done. Trump is a moron, treating sovereign nations like all the drywall (etc) contractors he stiffed over the years. Has zero understanding of the value of friendship. What an embarrassment.
Yes but not under the same name/acronym - and they'll probably extend it by 10 years, on the same exact terms as they are today. Then he'll do a press conference with Navarro, Lutnick and Bessent by his side praising his incredible dealmaking skills and thanking him for his leadership.
  • #68
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  • Mar 11, 2025 9:12pm Mar 11, 2025 9:12pm
Quoting AJR
{quote} Lutnick agreed to officially meet with Premier Ford in Washington on Thursday, March 13 alongside the United States Trade Representative to discuss a renewed USMCA ahead of the April 2 reciprocal tariff deadline...
well, anyway, this provides a target day,,,,equities are desperate for a bounce, a big announcement 3/13 could get it going into 3/14 and the following week.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #69
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  • Mar 11, 2025 9:13pm Mar 11, 2025 9:13pm
Quoting Subdude
{quote} Yes but not under the same name/acronym - and they'll probably extend it by 10 years, on the same exact terms as they are today. Then he'll do a press conference with Navarro, Lutnick and Bessent by his side praising his incredible dealmaking skills and thanking him for his leadership.
ikr? It'll be grand! Let the Golden Age begin!
"If The Fool persists in his Folly he will become wise." - William Blake
  • #70
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  • Mar 11, 2025 10:13pm Mar 11, 2025 10:13pm
  •  Trader#807C
  • | Status: Unregistered Trader
Yes.. Trump is protecting the locals... do it by ourself... create jobs.. internal self sufficient.. opp for logistics too.. send to other country and enter to US without tariff.. balance the cost of logistics vs tariff.. in the meanwhile creates biz to logistics... get tax from them... get tax from their employees... so actually its a win to many people... just making it goes a longer way but create govt revenue every stages in it... smart move for govt
  • #71
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  • Mar 12, 2025 5:02am Mar 12, 2025 5:02am
Quoting Guest
Yes.. Trump is protecting the locals... do it by ourself... create jobs.. internal self sufficient.. opp for logistics too.. send to other country and enter to US without tariff.. balance the cost of logistics vs tariff.. in the meanwhile creates biz to logistics... get tax from them... get tax from their employees... so actually its a win to many people... just making it goes a longer way but create govt revenue every stages in it... smart move for govt
That recipe (IMF) it worked like a charme before in other countries! In 10 years, all Americans will be poor and won't recognize it, because they know nothing about macroeconomics. The uneducated (vast majority) will feel the pain, but... there will be a lot of excuses and those who impoverished America will be filthy rich or dead!

America is great, but not alone in the world and the fall from dominance is easy and quicker than you think.
Lucky millionaire trader
  • #72
  • Quote
  • Mar 12, 2025 6:48am Mar 12, 2025 6:48am
Quoting Vancarbon
{quote} I wondered if anyone would ask that very question . While people here rant and rave, why not take some time out to read the official document. https://www.hudsonbaycapital.com/doc...ing_System.pdf This document was wrote in November 24 and is the script that’s being followed . Why is any of this a surprise .
Thanks for the link Vancarbon - I've skim read & will thoroughly read later. I'm not clever enough to translate that into a trading strategy so will stick to letting price tell me which way to trade I still think DJT behaves like an abusive bully but he's not a fool and must have an underlying plan
  • #73
  • Quote
  • Mar 12, 2025 7:28am Mar 12, 2025 7:28am
Quoting ziggy
{quote} Thanks for the link Vancarbon - I've skim read & will thoroughly read later. I'm not clever enough to translate that into a trading strategy so will stick to letting price tell me which way to trade I still think DJT behaves like an abusive bully but he's not a fool and must have an underlying plan
the underlying plan is pretty obvious, increase taxes on americans by putting up tarrifs and not by actually increasing regular taxes. That way the rich get to pay a very very very small part of that tax increase compared to the amount of money they would have to pay otherwise.
  • #74
  • Quote
  • Mar 12, 2025 7:49am Mar 12, 2025 7:49am
I agree at face value it seems that way, but if the $ is devalued - and it almost certainly will be over time - then the cost of imported goods to Americans will fall, the real question is where will tariffs ultimately end up & will the $ devaluation compensate enough. I can't stand the man and his bullying tactics, but he probably will succeed in some degree in "levelling the playing field".
Of course the actions of other countries trying to defend their patch means there is no straightforward formula, but you have to say he has a point regarding the extent that the "western world" has come to rely upon the USA - and he has made other countries such as mine to look again at defence spending. I'm not say it's either good or bad, just that it's a fact.
  • #75
  • Quote
  • Mar 12, 2025 7:56am Mar 12, 2025 7:56am
Quoting ziggy
I agree at face value it seems that way, but if the $ is devalued - and it almost certainly will be over time - then the cost of imported goods to Americans will fall, the real question is where will tariffs ultimately end up & will the $ devaluation compensate enough. I can't stand the man and his bullying tactics, but he probably will succeed in some degree in "levelling the playing field". Of course the actions of other countries trying to defend their patch means there is no straightforward formula, but you have to say he has a...
will the dollar be devalued over time?
this will create inflation and with time interest rates will have to go up, so does the value of the dollar
unless you create inflation and a recession at the same time (very likely), at that point nothing really matters anymore and the US is cooked and will have to do a 180º on all of this, but by then in a worst position to negotiate trade deals because no one will trust the US.
  • #76
  • Quote
  • Mar 12, 2025 9:40am Mar 12, 2025 9:40am
Quoting Vancarbon
{quote} I wondered if anyone would ask that very question . While people here rant and rave, why not take some time out to read the official document. https://www.hudsonbaycapital.com/doc...ing_System.pdf This document was wrote in November 24 and is the script that’s being followed . Why is any of this a surprise .
I would argue that the script is not being followed. Trump is not the right person to do it! Why? Because of the how...

I took this from the introduction:

"There is a path by which these policies can be implemented without material adverse consequences, but it is
narrow, and will require currency offset for tariffs and either gradualism or coordination with allies or the Federal Reserve on the dollar. Potential for unwelcome economic and market volatility is substantial, but there are steps the Administration can take to minimize it."

Note: I don't agree with this path. this is like going back +50 years.
YMHO, the problem is inequality based in wealth accumulation and no redistribution to lower classes. The rich live in the shadow of government debt.
America will never be greater with industry for internal consumption but without capital to burn in tech.
America can't compete in price with China. IP is the name of the business for developed economies and that is only achievable with hightech competition. Not heavy industry and agriculture, because those sectors are low income for workers and that means impoverishment of working classes. And this means less capital for the middle and low downstream and more for the upper upstream.
Lucky millionaire trader
  • #77
  • Quote
  • Mar 12, 2025 11:04am Mar 12, 2025 11:04am
Quoting Vancarbon
{quote} I appreciate your valid points and criticisms of the policy , we are merely pawns in a much larger game . If we choose to participate then we simply have to dance along , irrespective if we agree or disagree hence why I always use the disclaimer “ rightly or wrongly “ when addressing policy issues. Good trading

Thank for the civilized argumentation.

Effectively we don't need to agree on everything.
We only need to be civilized when expressing our opinions. That's how my parents taught me.

As simple as that...


Wish you good trading too.
Lucky millionaire trader
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