Politics ðŸ¤¡ Donald Trump

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MrFrankWhite said:
I would expect prices to drop during any major economic restructuring and I'm not even an economist...

Wouldnt you?
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Markets don't like any uncertainty and react accordingly.

Of more interest to me is to see what happens to the markets (and Trump's approval ratings) when the impact on the US economy, especially inflation and pension funds, is felt.

Thing is, I don't see Trump taking any responsibility for the damage which may happen.... I'd bet what we'll hear is that it was the fault of the other countries, or the Democrats, or the markets not understanding what he was trying to do.... anyone or anything but not his potentially failed policy. And even then, he won't back down or remove the tariffs.
 
miket12 said:
Markets don't like any uncertainty and react accordingly.

Of more interest to me is to see what happens to the markets (and Trump's approval ratings) when the impact on the US economy, especially inflation and pension funds, is felt.

Thing is, I don't see Trump taking any responsibility for the damage which may happen.... I'd bet what we'll hear is that it was the fault of the other countries, or the Democrats, or the markets not understanding what he was trying to do.... anyone or anything but not his potentially failed policy. And even then, he won't back down or remove the tariffs.
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I would like to see the stats after a quarter
 
Inruin said:
time to buy?
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American shares?

You buy when you know there’s nothing fundamentally wrong with a stock and the markets has hammered everyone.

Buy this could impact lots of companies/ profiability in unpredictable ways.

It could even be a high point and years before it gets back to where we are now if Trump really screws things up… or not. That’s the risk of the economic reforms in the stock market.
 
Boston Boy said:
I don't think there will be an appetite for Trump. Really the democrats destroyed themselves with crazy policies. If you had a normal moderate politician in America with common sense and a bit of charisma they would win.
I am not sure whether Americans will be worse off, gas is cheaper, eggs have gone down, he is a much smarter than he gets credit for. I suspect they will become more wealthy by the end of his term, however will have to deal with a few challenges over the next year or so.
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I also think he’s smarter than lots of people think. But major economic reform needs serious genius level economists to fully comprehend the changes.

He’s logic is understandable in theory but he’s doesn’t have any idea of the long term impacts.
 
Po11um said:
The only US shares holding up are defensive ones like Coca-Cola & McDonald's maybe because they are American based
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Until they realise that a large amount of the beef in their Maccas hamburgers comes from NZ and Oz and is going to be subject to a tariff. Crops such as wheat, soy and corn used for the buns are dependent on Canadian potash for fertilizing the soil.... wait till the suppliers to Maccas increase the price of their crops to cover the 25% tariff on potash.
 

Stuff

www.stuff.co.nz www.stuff.co.nz

It strikes me that China would be able to cope better than America in regards to the tariffs imposed here. Surely something like Amazon wouldn’t be happy with the amount of products Chinese made that will cost extra to import? Perhaps cheap anyway? Still don’t see this as doing anything but weakening America
 
MrFrankWhite said:
I'm not sure anyone does. Insane complexity with millions of variables.
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Three different economists were interviewed by the NZ Herald and asked whether they thought Trump’s tariffs would lead to higher or lower interest rates…. one said higher, one said lower and one didn’t know.

www.nzherald.co.nz

What Trump’s tariffs mean for mortgage interest rates

The new US tariffs have shaken international markets, causing a global share plunge.
www.nzherald.co.nz www.nzherald.co.nz
 
miket12 said:
Three different economists were interviewed by the NZ Herald and asked whether they thought Trump’s tariffs would lead to higher or lower interest rates…. one said higher, one said lower and one didn’t know.

www.nzherald.co.nz

What Trump’s tariffs mean for mortgage interest rates

The new US tariffs have shaken international markets, causing a global share plunge.
www.nzherald.co.nz www.nzherald.co.nz
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Thats economists in a nutshell. They seem more suited to explaining what has happened rather than predicting what will.
 
Not sure
MrFrankWhite said:
Read a short post where the guy said Trump will destroy infinite abundance capitalism which will be good for people and the environment in the long term.

I guess everyone has a take :ROFLMAO:
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That's probably true for a period of time. If things cost more then people can't buy a much, that's my simple take. Then eventually it will go back to"normal" the suppliers will build up in the US or find a way to circumvent costs or trump will change his mind or disappear
 
Trump’s claim that tariffs will bring manufacturing jobs back to America is nonsense. Relocating manufacturing for people like Apple or Toyota isn’t an overnight thing, it takes massive commitment and time. Why do that when you’d bank on the ignorant bastard either being gone in 4 years time or better still having far less power after next years mid term elections. If you are making clothes in Vietnam or Bangladesh, do you think you’d find enough Americans working on extremely low wages to churn out quality items? No chance

Added to this is Trump’s record of flip flopping on policy by the day and the idea he’s using tariffs not for economic reasons but to gain control over countries who are desperate (see his cack handed attempts to broker a ‘peace deal’ in Ukraine whilst trying to get his grubby mitts into mining rights.)

All this will change when enough Americans wake up to the reality of inflation or that the things they bought previously are no longer available. All for what? So a life long bully can play his games on a bigger stage than before is why.

One last thing. Applying tariffs to African countries who have f**k all and where previous American administrations had brought in policies to help the poor bastards out of poverty through manufacturing clothing is vindictiveness that is off the scale.

The politicians who are supporting Trump and metaphorically sucking him off should be run out of town as well.

One last, last thing. The reason why American car sales are low isn’t because of the tariffs he claims, it’s because design, build quality and reliability is light years behind Japanese, Korean and European cars.
 
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