Why Trump’s Economic Messaging Isn’t Calming Wall Street

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And let’s not forget: In terms of the trade deficit, there’s a service surplus. What is the service surplus made of? Tourism, education, medical care. We export that stuff, and they’re directly attacking that. They’re directly attacking all of the sources of our service surplus.

So, what, we’re going to give up medical research, professional consulting and financial services surplus so that we can make T-shirts in the U.S.? Is that going to be good for productivity and U.S. exceptionalism? Is that going to make people want to hold the dollar more or less?

https://www.politico.com/news/magazine/2025/03/31/wall-street-insider-explains-market-spooked-00258083

[BLMFem]

WaPo: Americans are spending less as they brace for new tariffs

 

https://archive.ph/CPPW0#selection-287.0-287.57

[John Drake]

28 minutes ago, BLMFem said:

WaPo: Americans are spending less as they brace for new tariffs

 

https://archive.ph/CPPW0#selection-287.0-287.57

 

He'll fold on the tariffs tomorrow. It'll be a squeak, not a roar.

[BLMFem]

19 minutes ago, John Drake said:

 

He'll fold on the tariffs tomorrow. It'll be a squeak, not a roar.

Who knows, he's the undisputed king of flip-flop. Exactly what the markets want and need - constant uncertainty.

[Tug]

5 hours ago, BLMFem said:

WaPo: Americans are spending less as they brace for new tariffs

 

https://archive.ph/CPPW0#selection-287.0-287.57

I’m not,I’m buying some things ( not really big) because if the tariffs do happen then everything gets expensive real quick.its the new trump tax no more no less.next time you buy something just think of it as a trump tax,kinda like a poll tax for being stupid enough to elect him ehh??

[placeholder]

6 minutes ago, Tug said:

I’m not,I’m buying some things ( not really big) because if the tariffs do happen then everything gets expensive real quick.its the new trump tax no more no less.next time you buy something just think of it as a trump tax,kinda like a poll tax for being stupid enough to elect him ehh??

There will probably be a run on autos and other expensive items that might be affected by tariffs. Ford has a lot of cars it's been unable to sell quickly. So in the short run, its sales may jump.

[Walker88]

US manufacturing shrinks in March. Job openings fall.

 

MAGAnomics at its best.'

 

FAILURE = MAGA

[John Drake]

He still doesn't know what he's going to do. Talking up 20 percent "blanket tariff" now, which would be the worst of all worlds. 

[JonnyF]

18 hours ago, placeholder said:

There will probably be a run on autos and other expensive items that might be affected by tariffs. Ford has a lot of cars it's been unable to sell quickly. So in the short run, its sales may jump.

 

Probably in the long run as well if European made cars jump 25%. Americans will start buying American made again. Great for American manufacturing/jobs. 

 

The rich will still buy their expensive imports, putting a load more money into the pockets of the US government.

 

Much like the Thailand model.  

[placeholder]

22 minutes ago, JonnyF said:

 

Probably in the long run as well if European made cars jump 25%. Americans will start buying American made again. Great for American manufacturing/jobs. 

 

The rich will still buy their expensive imports, putting a load more money into the pockets of the US government.

 

Much like the Thailand model.  

Certainly  lots people will just hold on to their cars a lot longer which translates to less new car sales and otherwise would have been the case. . Virtually all cars that cost under $30,000 in the United States are imports. They are projected to rise and cost by $6,000 on average. Not a great time to be a middle class or working class American.