So is the going to just pretend this never happened? All water under the bridge?
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They shouldn't considering Trump is erratic, but like obedient pets, they most likely will pretend nothing happened.
they've had almost 10 years to learn this lesson and prepare accordingly
I have big doubts on the ability of institutions across Europe and the english speaking world to consider anything further ahead than 1 fiscal quarter
Eh I don't think so. Similar happened to Canada already. Even though the tariffs aren't technically on, the fact they're only "paused" rather than off the table still has a really bad economic outcome
Nothing ever happens stock is going UP UP UP
Hope not.
the insiders made a stupid amount of money on this, in both directions.
Deeply unserious economic system
Dow jumped over 2000 points. Just at this market manipulation
Most logical and sound system in the world
It's so fucking obvious. There's absolutely no other plausible explanation for this shit. Even if you think (correctly) that Trump is dumb as fuck and incapable of planning, people close to him are absolutely nudging him back and forth on this and cleaning up on every move. It's completely transparent.
"Thank you for your attention to this matter."
Manager Trump lmao wtf....
damn the higher the China one goes, the more fucked apple stock is, right?
among others to be sure, but my understanding is apple is the big boy at the table, losing the most by percentage and total volume.
I want to see a $10,000 iPhone and the person who buys one.
with some shenanigans of india manufacturing shipped to usa, while the rest of the world gets chinese, they could deal with it (even if we take working assumption that iphone cost 300 bucks, mix of 300 and 600 bucks (non-tariffed and tariffed respectively) iphones, apple can absorb or dump the difference on consumers with 10% price increase and keep margins)
So i should have bought the dip
the Casandra curse of Marxism evaporates upon the personal entanglement with any large financial body
The market looks predictable at a spectator's distance, like plotting the orbit of a celestial body. As soon as you actually go there, you realize there's all this weather hidden behind those clean gravitational calculations.
Puts on the US. Massive bull trap ahead 🫡
I don't think I've ever had the money to invest anything but what's a 'put' in contrast to a 'short'?
With short selling, you "borrow" a security and sell it at the current price and then buy back the security at a lower price when it's time to return the securities you borrowed. With puts you're "buying the right" to sell a security at a set price and you pay a premium to secure that right, but you don't have to actually do it. So with a short your losses or returns are essentially uncapped but with a put your returns are capped at the price you agreed to minus the premium and your losses are just the premium you paid.
A short is based on borrowed stock, basically you borrow a bunch of shares from someone for and sell them for money, with a promise to return them later. If it goes down, that means when you rebuy it to return it's much cheaper and you can pocket the difference.
A put is a contract that you make with someone that says someone will buy a stock from you at a certain price if you decide to sell. The contract comes with an expiration date and a fee for you based off of calculated likelihood. The idea is, if the stock drops below that amount and then drops enough to cover the fee (the breakeven point), you invoke the contract and make a profit.
There is a lot more to it including reselling the contract etc. but frankly it's a glorified gambling hall for the most part unless you're in the know or have enough influence to move it yourself for specific tipping points.
Short selling = Borrowing shares and selling based on expecting a price drop, you can hold these as long as you like but you're going to be paying interest on borrowing them so you NEED to sell them eventually.
Put options instead give you the right to sell at a preset price within a specific time frame, so you could buy options at X price then even if it goes down later you are still guaranteed the price of the options.
The tariff on-off back-and-forth crap is too annoying to bother following any more.
Yeah let me know when the economy implodes fully. Not interested until then
WEAK SUBMISSIVE Trump gets SLAMMED by HARD China TARIFFS
This guys are just inside trading & making trillions, why else would you re-reverse this shit so many times.
Ah my profits
r/wallstreetbets guys caught holding the bag yet again because they were all going in on puts/shorting the S&P and mistimed JDPON Don's latest flipflop
bass boosted windows xp shutdown noise plays eternally
i know a lot of people have said it, but it's still so funny that the last vestiges of american capitalist hegemony are so absorbed by the mythos that the only thing left to do is perform pump & dumps on themselves
Booooo, i wanted things to happen
It wasn't paused on China. This is just phase 2. Nothing has gone substantially wrong for the US plan.
I plead with you stop buying the circus in front of your eyes and look at the bigger, deeper picture.
IF Trump was rattled by China's retaliation he would include them in the pause and pretend it had nothing to do with them, he'd attempt to play it off as a global thing so as to not given undue impression of power on China's part. That he hasn't tells you he doesn't care.
The point of this was never hurting say India. It was always about China, other nations were included to disguise this fact and to shake them down because why not. Also to pressure them to bring them into the fold for the next phase.
But the fact that China's tariffs were increased, not removed tells you all you need to know. Namely they are absolutely dead serious about decoupling from China. I cannot crow about this enough given how many people in left online spaces have for years dismissed as impossible, absurd, ridiculous the idea of decoupling from China. I'm not happy about it but the US certainly seems to be pushing for a bifurcated world, one camp under their control, another camp for China.
India is not going to help China, they're a reactionary/fascist nation actively trying to ~~stab China in the back~~ weaken China and take their industry and courting the US for a trade deal which the US will give them in exchange for helping move important (iphone, etc) manufacturing from China to India for the US. China is courting them anyways in public but it won't work. The only real allies China has in this are likely to be Vietnam (maybe, US is trying to peel them from China and stoke division and these moves were going to badly hurt Vietnam but were pulled back), DPRK, Russia. The US likes those odds. The US feels it can deal with an isolated bloc of those countries and Trump feels he can maybe peel Russia away with time.
China made a call and Trump seized on them trying to stand fast and rally the world to them to fight the US by giving everyone else a reprieve and thus no reason to stand with China while he leaves them isolated and alone. They can't back down now so in a way I think Trump has them where he wants them. Namely standing alone, with the rest of the world negotiating with the US on terms which will doubtless include measures to pull them into the US orbit and away from China's orbit in exchange for tariff relief.
I don't disagree with China's call but they may have walked right into a trap of certain intent and design by the US. To be fair they didn't have any great choices. If they just bowed their heads and pleaded on their knees things would also be bad for them. I've heard that Trump admin has been refusing meetings with envoys and so Trump and co are lying about China not trying to negotiate, it's just a lie they're pushing while they refuse to listen or treat with China so they can justify all of this and cast China as the belligerent aggressor who doesn't want to be fair.
It's about isolating China. It's about creating economic interests and incentives that isolate China and I think its working at least at this stage. The pause will cause most countries to come and negotiate and most will be given relief for token concessions which Trump will trumpet as big deals and big wins. The US may indeed be intent on devaluing their currency to make exports competitive but as part of this they have to isolate China, they have to smash Chinese industry and competitiveness and look what we have? China standing alone against the US, calling out to other nations who even now slink away from it leaving it alone because no one else wants this fight, they all want to take the out because the US is still too strong.
China needs to use what strength it has to really hit the US.
Though I worry it doesn't matter. I worry they've built into their plans a hope that tariffs can continue to spiral out of control, that Chinese goods become unaffordable, that the economy crashes, that supply chains are forcibly rerouted and there are years of shortages but that they achieve a quick, fast, if painful decoupling from China leaving them free to isolate, sanction, blockade, and attempt to destroy China using their navy, their control of global finances to sanction and make trade with China for third party nations impossibly expensive or painful, and so on and use this to crush Chinese industry and economy, to break up the belt and road, to re-enslave the global south that China was trying to free with better loan and development terms. If that's the case and capital doesn't revolt and I think there's a very good chance it doesn't as at least tech capital seems to be standing with Trump and can always be bought off with specific exemptions for say Apple to import x amount per year not subject to tariffs then China has a hell of a fight ahead of them.
India is not going to help China, they're a reactionary/fascist nation actively trying to stab China in the back and take their industry and courting the US for a trade deal which the US will give them in exchange for helping move important (iphone, etc) manufacturing from China to India for the US.
The great India understanders on this site have logged on.
Amazing how the political knowledge about the world’s most populous nation always just boils down to some racist drivel about the place you can find on x
But I agree with the rest of your post
No doubt. Bringing back industries to USA like he keeps saying is veeery unlikely in the near future. Something you hear on the vine smaller firms in some countries with some small adjustment to WTO folding on some deal with Chinese product. Cheaper to offload. How far the US can get with this idk. How far they can decouple from China? I really dunno
Is the tariff pause applicable to China too? This pos is so incoherent.
Up to 90 more days of having an economy
EU announced counter tariffs today. I wonder if the trade war will continue there too
i was watching hasanabi and he was explain that yanis was right, that trump is following some plan of devaluing the us dollar so other nations can afford to purchase us goods
edit
this plan
fuck yeah devalue my dollar, can't wait to pay off my student loans
Oh that doesn’t mean your wages will go up, just that your quality of living will go down
Is the 10% still going to destroy the economy?
merely fucked somewhat
He didn't "blink". He did a Dump & Pump scam. He and his wealthy buddies shorted a bunch of stock, then he announced tariffs and crashed the market. Anyone with short positions in advance of the crash made serious bank. Then he and his friends bought a bunch of stock at reduced price right before Trump announced a 90 day pause which pushed the market back up. Insider trading.
Wtf does "lack of respect to world markets" even mean? They retaliated towards the US's fascist sabre rattling?
I hope the damage already done is enough to balkanize the US in the near future
President Gavin Newsom is biding his time
Bend the knee, still get tariff by 10%