Markets sink as Trump confirms tariffs on Canada, Mexico and China

[DonniePeverley]

3 minutes ago, Chomper Higgot said:

Market manipulation would be one explanation.

 

 

And the markets fall for it hook line and sinker everytime. 

 

Just watch it will be cancelled. It's in his thick book 'art of the deal' or whatever it was called. Act the crazy man. Push it to the limit. Then compromise rite at the end. 

 

He actively watches the stock market, so he's not going to watch it sink. 

 

If he was that serious he would have just gone ahead and did it last month. He's just playing the big guy and wanting to act clever. But it's doing harm to America's repuation around the world as a competent partner. 

 

Or the markets may well just look at it as trying to get through the next 4 years. 

[Woke to Sounds]

13 minutes ago, DonniePeverley said:

Nothing is going to happen. He will cancel it at the last minute again,citing he got some concession. 

 

He does this literally all the time. 

 

Could be. Could very well be.

 

Important thing is:  don't panic and go to cash. Stay invested.

 

And for God's sake don't go all in to Shxtcoin.

[pomchop]

4 hours ago, JimHuaHin said:

Markets are going to sink as long as Trump is in power, with probably the US market hardest hit.  Massive inflation and unemployment are about to his the USA, and will only stop once Trump-Vance-Musk are removed from power, and preferably imprisoned.

 

lets see how the maga bunch likes it when their 401 k  continues to go way down along with perhaps their house value while groceries and gas and all the other things go up up and away...let's see how they like if their food stamps medicaid/medicare and social security is all screwed up...how about a nice trip to a national park where campgrounds are closed or dirty because not enough employees...lets see if they enjoy the prices of most of their prescriptions going up.....all of this while their personal info and records is opened up to a billionaire and his teen age mutuants to do with as they please...lets see how they like saluting putin and possibly watching him next move on other countries that he decides to invade...will they finally realize that they got conned yet again by the man who promised to fix everything in a matter of days?  Maybe but a lot of them will drink another gallon of kool aide and try and figure out how it is all biden's fault.

[Harrisfan]

16 minutes ago, pomchop said:

 

lets see how the maga bunch likes it when their 401 k  continues to go way down along with perhaps their house value while groceries and gas and all the other things go up up and away...let's see how they like if their food stamps medicaid/medicare and social security is all screwed up...how about a nice trip to a national park where campgrounds are closed or dirty because not enough employees...lets see if they enjoy the prices of most of their prescriptions going up.....all of this while their personal info and records is opened up to a billionaire and his teen age mutuants to do with as they please...lets see how they like saluting putin and possibly watching him next move on other countries that he decides to invade...will they finally realize that they got conned yet again by the man who promised to fix everything in a matter of days?  Maybe but a lot of them will drink another gallon of kool aide and try and figure out how it is all biden's fault.

Like gfc you mean

Thanks Clinton 

[cjinchiangrai]

1 hour ago, Harrisfan said:

I'm not. Amusing how you lefties think. Still good/evil. That's 1980 thinking.

And in the 80's Trump and Putin were very evil. Your program had not been written yet.

[Harrisfan]

21 minutes ago, cjinchiangrai said:

And in the 80's Trump and Putin were very evil. Your program had not been written yet.

One dimensional thinking. Sad.

[CapatainbeefheartB4]

What does ANY American absolutely need from Mexico or Canada that we can't get from another country or ourselves? I for one would not buy something 25 percent higher because they don't want to do their part to control our borders. If no one wants to buy another country's product, then what? Good luck to Mex/Can figuring it out.

[Tug]

13 hours ago, Harrisfan said:

Markets were always going to sink. NASDAQ rose 100% in 2 years after covid. US debt is too high. Something had to be done. Democrats just put their heads into the sand.

Let me fix that for ya nasdaq rose 100% after TRUMP ok hope that helps……now today in this space in time the Dow is down 1,400 points in the last 36 hours…..the world has seen trumps (art of the deal) in his trying to surrender Ukraine to his bestie putin…..after conceding each and every advantage to the enemy……like I said before ,a recession if we are lucky and obiously a lot of ill will directed our way thanks to the betrayer in chief.he is what he is to quote Rex tillerson an imbecile 

[Patong2021]

Trump's benefits sure have an odd way of showing;

 

London’s FTSE 100 index tumbled 112 points to finish the day at 8,759, or a 1.27% fall, its biggest since October 8 last year.

In the US, the S&P 500 plummeted more than 1.6% while the Dow Jones was 1.7% in the red as UK markets closed.

The falls meant the S&P 500 returned to levels seen before November’s US election, with the so-called Trump Bounce, as coined by some investors, wiped out entirely. 

 

The U.S. dollar index hit its lowest level since Dec. 6, 2024  Sterling was up 0.2% against the dollar at 1.2723 😃

Who knows, maybe the over values US $ is going to take a bit of a tumble. That will put some spice into the lives of the Trump collective living in Thailand. 😁

[JAG]

17 hours ago, BKKKevin said:

The WOKE Biden economy couldn’t handle tariffs….

Mexico, Canada & CHIIINA will pay for the tarriffs!

 

Umh, has Mexico paid for "the big beautiful wall" yet?

[sharot724]

Guys, I think Trump's plan is defaulting on US debt.

 

https://www.reuters.com/markets/us/trump-says-us-might-have-less-debt-than-thought-2025-02-09/

 

What happens when you default? Well, you have to balance the books. How to do it? By cutting government expenditure.

 

https://abcnews.go.com/Politics/debt-ceiling-trump-default/story?id=116955286

[JimHuaHin]

As markets sink deeper and deeper, many on this forum will probably be worried as their retirement funds are linked to stock market investments - ergo, stock markets collapse, and stay down, retirement benefits disappear.

[CallumWK]

Bully boy seems already to have another change of mind. AGAIN

 

https://finance.yahoo.com/news/wall-street-wonders-trump-steps-154944977.html

His commerce secretary, Howard Lutnick, told Fox Business Network that Trump may offer a pathway for tariff relief for Mexico and Canada on Wednesday.

[sammieuk1]

I'm the master deal maker and master strategist of my own mind 🤔

 

[Woke to Sounds]

12 hours ago, CapatainbeefheartB4 said:

What does ANY American absolutely need from Mexico or Canada that we can't get from another country or ourselves? I for one would not buy something 25 percent higher because they don't want to do their part to control our borders. If no one wants to buy another country's product, then what? Good luck to Mex/Can figuring it out.

 

You do realize this is all about setting the stage for the North American Union?

 

Oh forget it...

[Woke to Sounds]

2 hours ago, JimHuaHin said:

As markets sink deeper and deeper, many on this forum will probably be worried as their retirement funds are linked to stock market investments - ergo, stock markets collapse, and stay down, retirement benefits disappear.

Global diversity is the key.

 

Don't go all in with US investments.

 

Hold a bond ETF. It's elevator brakes when the cables on equities snap.

 

At any rate everything is out of your control when you're not in The Big Club.

[CapatainbeefheartB4]

3 hours ago, sammieuk1 said:

I'm the master deal maker and master strategist of my own mind 🤔

 

Why would it matter to someone from the UK? I could make fun of the leaders in your country, but they are absolute failures all around, so I don't obsess, and never will. Good Luck with your mental issues. 🙏

[Captain Flack]

Some off topic posts removed, discuss the topic not each other.

[sharot724]

USD to EU

[Eric Loh]

1 hour ago, CapatainbeefheartB4 said:

Oh for sure, it's already basically in place, but the devil is in the details. You'd have to be a fool not to think this would always be a possibility. 

Has to go back as far as 1812 for an attempt to invade Canada by USA. Now it’s only a wet dream for people like Trump and maybe you too. Cultural and political distinctively different, legal obstacles and the most importantly the public opinion against any form of union. Trump has made the relationship worse and the majority of Canadians detest him and America. 

[DonniePeverley]

As told, Trump saying compromise on tarrifs coming soon. 

 

All nonsense