Welcome to Tariff Day.

[sumdumguy]

When you see all the tariffs we have on dairy, poultry, cheeses, lots of other items, how is this free trade now?

[Tucker]

The large tariffs on dairy products only are charged when they export over quota. The US sends 4x the amount of dairy products north than we do south. Under quota products are 7.5% to 10% tariff under the current trade agreements. Try to deliver over quota as a dairy here and you might as well dump it too.

[errolanderson]

New market word circulating from U.S. spin doctors that can’t say the word ‘recession’.

DETOX

Call it what you want, but the economy is going to be on a recessionary wagon for quite sometime . . . .

[bucket]

New market word circulating from U.S. spin doctors that can’t say the word ‘recession’.

DETOX

Call it what you want, but the economy is going to be on a recessionary wagon for quite sometime . . . .

Does that mean lower interest rates? Seems that might be the only way to keep the economy going. Otherwise no one will be able to buy a house or car etc. The current rates with a million mortgages to renew is going to kick the shit out of things. Especially those that used credit lines on houses to buy toys. Banks are already tightening lending, they don't want to chase around for a quad or boat . And the real estate market down east with industry's viability on the line with the current nonsense could have a multiplying effect with layoffs?

just asking - I don't know shit.

[shtferbrains]

New market word circulating from U.S. spin doctors that can’t say the word ‘recession’.

DETOX

Call it what you want, but the economy is going to be on a recessionary wagon for quite sometime . . . .

Trump 2.0


"It shows the S&P 500 2018-19 during the first Trump Trade War in green vs. S&P 500 2025 during Trump Trade War 2.0 in red."

100 is the start of the index on right.

Déjà vu?

Hopefully by the end of March we don't have to listen to Trump all day every day.