OT: Tariff Economics Discussion
- Thread starter scott in nashville
- Start date
Buffet doesn’t like Tariffs. No surprise coming from the biggest benefiter of the policies.
Also, he still doesn’t like Bitcoin. Looks like he was wrong on that one.
Still the goat though
Warren Buffett knocks tariffs and protectionism: 'Trade should not be a weapon'
https://www.cnbc.com/2025/05/03/war...are|com.apple.UIKit.activity.CopyToPasteboard
Also, he still doesn’t like Bitcoin. Looks like he was wrong on that one.
Still the goat though
Warren Buffett knocks tariffs and protectionism: 'Trade should not be a weapon'
https://www.cnbc.com/2025/05/03/war...are|com.apple.UIKit.activity.CopyToPasteboard
The 3rd quarter will be the litmus test IMHO. Hope y'all are correct, but way too early see where this is going.
Ford Pulls Outlook, Sees $1.5 Billion Hit From Trump Tariffs
Ford Motor Co. suspended its full-year financial guidance and said President Donald Trump’s auto tariffs will take a toll on profit, joining rivals stung by volatile global trade policies.
www.bloomberg.com
Why China is in no rush to seek U.S. trade deal: https://on.mktw.net/4k47y19
www.bloomberg.com
One Ship, $417 Million in New Tariffs: The Cost of Trump’s Trade War
Data suggests companies importing cargo on the OOCL Violet face at least $417 million in new Trump administration tariffs.
www.bloomberg.com
Would just like to point out your article refers to the heavily biased and proven disinformation provider Brookings institute. It doesn't discredit what they say but it needs to be read knowing that slant.Why China is in no rush to seek U.S. trade deal: https://on.mktw.net/4k47y19
One Ship, $417 Million in New Tariffs: The Cost of Trump’s Trade War
Data suggests companies importing cargo on the OOCL Violet face at least $417 million in new Trump administration tariffs.
China is feeling the heat whether they want to admit it or not.
It doesn't matter who their sources are... Yours are fake. Alternate reality for MAGA land.
He also basically said the fed is clueless currently and risk is elevated
Tariffs are coming home to roost where I am as we just lost $2.5 million dollars we had on the books, specifically because of the tariffs. This shit isn't theoretical.
Yes. More reason we should dissolve them.
They are clueless? What do we need them for. Just let the market set rates.
The tariff rollout had some early turbulence, but this deal shows the strategy working—apply maximum pressure, then pivot to targeted wins. The 90-day pause allowed recalibration, focusing leverage where it counts. Markets might squirm, but realigning global trade around American interests requires shaking the table first.
China’s 125% tariff wall crumbles as partners rush to avoid being locked out. This isn’t just a deal—it’s D.C. finally learning that brute force needs finesse. The goal was never chaos for chaos’ sake. It was forcing the world to re-engage on OUR terms.
Now watch as more nations fold, realizing resistance is futile against an economy this dominant.
Different Age
Like us old farts there is a changing world that will not work using old tried and proven methods
Buffet is the GOAT BUT changes are coming
If there is a slowdown in ports and docks happening, it's not happening in S.C.
I have been on the boat everyday this past week and I can assure you the Charleston Harbor has been full of fully loaded ships.
Throughout the year i have gone by and seen empty spots, but the past couple of weeks every space has been full when i have gone by.
I doubt we see the shortage of goods democrats have been clamoring on about and it certainly wont be in the next month or two. It would take a couple weeks of no ships for the shelves to run dry and that just has not been whats happening.
With 17 of 18 trading partners negotiating and the 18th starting Saturday, I think we will be just fine.
MORE BIG NEWS... Commerce Secretary Howard Lutnick now says that Rolls Royce engines, other plane parts can come into the US TARIFF-FREE - and that the UK will be buying $10 BILLION of Boeing planes "later today."
Liberation Day looking really good right about now.
Lutnick said this kind of UK trade deal normally takes 3 years. This time it took a bit over a month.
President Trump is PITCH PERFECT on trade relations with China. Notice he is open to lowering tariffs, but only IF China opens up its markets to America:
"China has a tremendous trade surplus with us, and we just can't have that ... I would like to see China opened ... You can't compete when you're not allowed to go there. China is the number one example of that. They are very closed."
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