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50% tariffs on EU starting June 1
61 responses |
Started by metmike - May 23, 2025, 8:13 a
https://www.marketforum.com/forum/topic/112084/
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Tracking the Tariffs Buffoon that still hasn't made a deal with China (and most countries) with his extremely counterproductive, ILLEGAL tariff schemes.


Revealing the secret to maintaining the MAGA brainwash:


There was no mention of his failures such as Trump Airlines, Trump Taj Mahal Casino, Trump Hotels and Casinos Resorts, Trump Entertainment, Trump Vodka, Trump University, Trump Steaks, and several others. All of these businesses either failed, ended in lawsuits and closure for defrauding students or were bankrupted.
In general, the principles seem fairly obvious- most entrepreneurs think big and are ambitious in attaining their goals and it’s always advisable to know the market one is going to trade in! In light of some of his business failures and the the allegations of fraud (the case was settled without fault by Trump for USD 25 million), one wonders how sincere he was about providing value and following through on promises.
When it comes to leverage, it’s again, standard practice to know what your alternatives are in negotiation – generally referred to as a BATNA- which is much more technically expressed by the authors of Getting to Yes
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Trump's reputation as the great deal maker, as we've seen from the REAL world in 2025 was complete fiction.
It exists in his imagination and the minds of millions of the brainwashed MAGA people that want to believe in it and everything else he says.
I've studied his deal making skills closely this year. I've studied the economic principles of trading between countries and the differences between FREE trading and trading with tariffs like Trump's.
He completely lacks comprehension about the later and his deal making's biggest flaw is his extremely pathological thinking that elevates himself, because of his delusions of grandeur to an infallible person that sabotages most of the deals because his mind, greatly amplifies a super human power that he imagines himself to have over other countries and their leaders.
It's true that he is the most powerful person on the planet by virtue of being the president of the most powerful country in the world.
It's true that his enormous over reach of that power is enabling him to exploit and abuse that power here in the United States where the R Congress has ceded their power to him, instead of challenging him when he makes really bad decisions.
That doesn't work so well when he's dealing with other countries that have strong leaders.......which is what counts with foreign policies, especially tariffs.
The leader of China has made him look like a fool.
Putin has made him look like a fool.
Netanyahu is controlling him like a puppet on a string.
Trump keeps making up that he stopped 7 wars and deserves the Nobel Peace Prize. He even imposed a 50% tariff on India because their leader would not agree with Trump's bs about stopping their war.
He imposed a 50% tariff on Brazil for the sole reason that his far right pal was not being treated right in Brazil. Brazil's response? To completely ignore him while US companies are the ones that pay the Trump tariff on Brazil and pass their cost on to consumers later this year. Egads, man!! How is somebody like this our president!!!!
These war stopping fairy tales that he feeds us is imaginary. The 2 wars that the world cares about are the one in Ukraine, that he claimed he would end in 24 hours and the one in Gaza, that he's played a key role in making MUCH WORSE.
The question is no longer whether Trump will damage the economy and hurt consumers but how bad will the damage be?
Maybe his illegal tariffs can be stopped to minimize that part of the damage.
BTW, his claims that the tariffs will be bringing massive jobs back to the US is delusional. His unstable, impulsive and constantly changing rules and conditions to his tariffs and everything else, depending on how deranged he is that day would make most companies apprehensive doing business with him and no matter what he or anybody else does, all those manufacturing jobs will never be coming back. Only somebody that doesn't understand global economics would think that. Sadly, one of them is the most powerful man in the world!!!
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I would greatly prefer to focus on positive messages here but as somebody following this closely and understanding it extremely well, i feel obligated to enlighten others.
https://www.bbc.com/news/articles/cj9zedgkm21o
Last month, Trump suggested that he would keep extending the deadline until a buyer for TikTok could be found and called national security and privacy concerns related to the app and its Chinese parent company ByteDance "highly overrated".
Trump was highly critical of TikTok during his first term in the White House but softened his position after he gained popularity on the app during the 2024 presidential election.
In August, The White House launched its official TikTok account.

https://finance.yahoo.com/news/trumps-tariffs-already-hurt-economy-204313536.html
From 2010 to 2019, American gross domestic product (GDP) grew by an average of 2.4 percent per year. In 2024, it grew by 2.8 percent. Now, the OECD projects that the economy will grow by only 1.8 percent in 2025 and 1.5 percent in 2026, "owing to higher tariff rates [and] moderating net immigration," among other factors.
"This is a reminder that these tariff headlines can come out at any point in time and affect any segment of the market," Dominic Pappalardo, chief multi-asset strategist at Morningstar Wealth, told ABC News. "That's the uncertainty that markets and consumers are facing
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Any agreement with any country today can suddenly no longer be valid tomorrow.
If Trump doesn't like the way a country is behaving towards a friend(Brazil) ..........50% tariff on that country!
If Trump is mad because that country disputes his claim that he settled their war(India)....... 50% tariff on that country.
This is like a fictional movie made about a crazy dictator president who is the main character......except its the real world and the president is our leader and the most powerful man in the world!
Import duties are posing a challenge to some smaller companies, which fear that raising prices to cover higher costs will drive away customers.
https://www.nytimes.com/2025/09/29/business/trump-tariffs-small-businesses.html
Even NEWER tariffs today:
https://thehill.com/business/5526873-president-donald-trump-furniture-tariffs/
In the first few months of his second term, Trump’s tariff policy has rattled global markets, strained relationships with American allies like Canada and the European Union and increased economic anxiety.
The Supreme Court is set to consider if Trump can use emergency powers for the justification of his expansive tariffs worldwide in early November.
Trump’s announcement on imported furniture tariffs came shortly after he said he was imposing a 100 percent tariff on movies not made domestically.
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The wealthy person's Ponzi Scheme (Stock Market) making new highs and Fox news/MAGA adulation are giving Trump reinforcement for thinking his tariffs are so great.
It's mind boggling that Trump is so clueless about the damage that his tariffs are causing.
He and his tariffs are steering the US economy into a recession. And instead of being able to comprehend that, he's actually going around bragging about the great things that his tariffs are causing. At the same time, calling people that disagree with him on this and other things stupid and low intelligence.
Trump recession coming 10-4-25
By metmike - Oct. 4, 2025, 12:04 p.m.
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Many economists have evaluated the consequences of the trade war tariffs on the American economy, with results suggesting the tariffs have raised prices and lowered economic output and employment since the start of the trade war in 2018.
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These economists understand the principles of global economies. Trading between different countries and how tariffs DAMAGE free trade and almost always DAMAGE both sides. This is sooooo no brainer. Yet our president has ILLEGALLY imposed massive tariffs on many of the worlds countries despite the indisputable negative consequences of tariffs.............and gives us his own manufactured versions to justify ruinous, pathological thinking and actions.
‘Just comical’: Farmer criticizes Trump’s tariff revenue plan | Morning in America
https://www.youtube.com/watch?v=115jpYZmAbY
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Everybody should listen to this!
You know the saying: "If it ain't broke, don't fix it"
With Trump's tariffs, the motto is: "If it broken badly, keep breaking it more and tell people you're fixing it!"
The new tariffs will target medium- and heavy-duty trucks built outside the US.
https://www.autoweek.com/news/a68883944/trump-25-percent-tariff-imported-trucks/
Re: Re: Re: Re: A word of caution
By metmike - Oct. 10, 2025, 1:34 p.m.
https://tradingeconomics.com/united-states/stock-market

Global stocks pummeled on Trump China tariff threat
Reversal comes after equity indices hit a series of new records in recent weeks
https://www.ft.com/content/b9ae2417-2e89-4b0a-bad5-d94f4e980ecc
This could have been from Trump having another temper tantrum, this time over a judge blocking him from sending US troops into Chicago
By metmike - Oct. 10, 2025, 8:57 p.m.
and especially because he was mad at not getting the Nobel Peace Prize he insisted that he deserved all year. (he's levied a 50% tariff on India because they will not agree with him that he stopped a war between them and Pakistan and a 50% tariff on Brazil because he's mad about how they treated his far right friend) .
Congrats to Maria Corina Machado!
By metmike - Oct. 10, 2025, 8:36 p.m.
Our trading partners no longer trust anything coming from this administration.
"Our trading partners no longer trust anything coming from this administration."
I suspect our trading partners no longer trust Americans, since we elected him twice.
Exactly right, joj!
This survey was several months ago and it's worse now.
Blue is BAD and the incredible plunge in such a short period of time in how the world views the United States is extraordinarily unprecedented in history.
By metmike - Oct. 4, 2025, 9:30 p.m.
U.S. Image Declines in Many Nations Amid Low Confidence in Trump
June 11, 2025
Beijing says it will act if US president doesn’t stand down, while investors brace for trade war turmoil
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Trump has already lost this war with China, that has a leader that is very smart, clear thinking and powerful, who won't be bullied by an unhinged lunatic.
All the statements coming from China depict rational reasoning that stay consistent day after day and that refuse to be bullied or dragged into an embarrassing psssing match.
Most of the statements coming from this administration have an extreme range. Much of the time, featuring clueless, emotional and delusional thinking by our leader, while threatening China and displaying a complete lack of understanding of the basic principles of free trade between countries which ALWAYS benefits both countries.
If Trump was a plumber that came to fix a small leak in a water pipe, his solution might be to punch more holes in that water pipe because it means the original hole won't leak as much.
His so called 'fixing" of a problem is doing an order of magnitude more damage than the problem that he insists needs to be fixed!
Message to Donald Trump: Free trade between countries will always feature great disparities between rich and poor countries.
Poor countries can make a lot of stuff cheaply and sell it cheaply. They can't afford to buy as much stuff because they are poor.
Rich countries will never be able to make the same stuff as cheap and will have MUCH more money to buy stuff.
As a result, manufacturers will go to where their companies can make the most profit. And there WILL BE a trade imbalance in favor of the poor countries because of economics laws.
You can't make those fundamentals go away by imposing laws that create markets that trade dis-functionally! The markets will fight that and overcome those laws anyway and the result in a ton of unnecessary damage from imposing a fix(tariffs) that BACKFIRES and causes tremendous damage that makes the problem much worse to get almost nothing.
A president should understand this basic concept or at least be taking the advice from experts/economists that do.
The most powerful person in the world is not just wrecking the US economy but his tariffs are wrecking the entire global economy. Stifling free trading between countries on a large scale is incredibly damaging!
This really isn't rocket science. If you support the tariffs, it's most likely that you are an R and doing it for political reasons, because you believe Trump and because you don't understand tariffs and global free trading principles.
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Re: Re: 25th Amendment-Hate vs LOVE!
By metmike - Oct. 13, 2025, 2:57 p.m.
Trump on Friday about China:
https://www.cnn.com/2025/10/10/politics/rare-earths-china-trump-threats
“This affects ALL Countries, without exception, and was obviously a plan devised by them years ago,” he wrote. “It is absolutely unheard of in International Trade, and a moral disgrace in dealing with other Nations.”
Trump initially suggested on Truth social the meeting was now in jeopardy. “I have not spoken to President Xi because there was no reason to do so,” he wrote. “This was a real surprise, not only to me, but to all the Leaders of the Free World. I was to meet President Xi in two weeks, at APEC, in South Korea, but now there seems to be no reason to do so.”
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Just 2 days later, instead of threats to China this is what the same guy said:
'It will all be fine': Trump on trade tensions with China
The US president calls Xi’s rare earth export controls a "temporary misstep" after threatening 100 percent tariffs.
https://www.trtworld.com/article/4cf3473c88ff
US President Donald Trump said that trade tensions with China will be resolved, posting a reassuring message days after threatening 100 percent tariffs.
"Don't worry about China; it will all be fine," Trump wrote on his social media platform, Truth Social, on Sunday.
Trump characterised Chinese President Xi Jinping's rare earth export controls as a temporary misstep.
"Highly respected President Xi just had a bad moment. He doesn't want depression for his country, and neither do I," he said.
"The USA wants to help China, not hurt it," Trump added.
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More very powerful evidence of Trump's erratic, pathological thinking and dementia ON A GLOBAL SCALE!
By metmike - Sept. 16, 2025, 12:13 p.m.
https://www.visualcapitalist.com/visualizing-global-rare-earth-metals-production-1995-2023/

Scroll down in that thread above for much more!
https://fortune.com/2025/10/15/fed-powell-policy-hints-wall-street-upside-trump-china-soy/
Trump posted on Truth Social last night: “I believe that China purposefully not buying our soybeans, and causing difficulty for our soybean farmers, is an economically hostile act. We are considering terminating business with China having to do with cooking oil, and other elements of trade, as retribution.”
Talk of retribution is precisely the opposite of what markets had hoped for, and is a further about-turn from the White House on relations with Beijing. On Friday, Trump threatened 100% tariffs on its key trading partner, before issuing assurances that a deal will be reached. It comes as the latest export data for China shows Washington may not have as strong a hand as it believed in the trade war, with Chinese exporters reporting growth having focussed on trade with the rest of the world as opposed to the States.
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Another overnight flip in Trump's position with China.
Trump is getting his ars whipped badly in the tariff trade wars, especially with China(which has a MUCH better position and what does he do?
Double, triple and quadruple down to make things worse!
While the world REPLACES business with the United States with new, permanent deals with other countries, isolating us and harming our economy longer term, while at the same time punishing US consumers who end up paying the price of tariffs, after OUR companies pay the tariff and pass it on.
90 deals in 90 days was the original joke. Since then, he keeps changing it(tariffs on countries like Brazil-or the 20 billion bailout of Argentina to help his far right political friends at the expense of American consumers, producers and tax payers-for instance-to benefit Donald Trump's personal preferences of global politics and his pathological desire to maximize/abuse his position as the world's most powerful person).
Donald Trump is completely unable to comprehend the basic principles of global economics related to free trading that benefits BOTH countries.
Tariffs that curtail free trading HURT both countries. The other countries have themselves to go to in order to replace their business with the United States. The United States, with tariffs on everybody.........has caused itself to become isolated with less customers and nobody to replace the lost business with. Our consumers can't get cheap prices anymore because Trump has intentionally imposed tariffs to STOP the cheap prices.
25th Amendment
Started by metmike - Oct. 4, 2025, 8:47 p.m.
The New York TimesTrump’s New Tariff on Trucks Could Burden an Already Struggling Industry

By Peter Eavis
Companies involved in transporting goods into and around the United States are bracing for another tariff — this time on trucks.
President Trump is planning to impose a 25 percent tariff on medium- and heavy-duty trucks and truck parts on Nov. 1. The Trump administration has released almost no details, creating confusion among truck makers and truckers and prompting much lobbying to try to shape the final policy.
If few exemptions are granted, industry analysts say, the tariff could raise the cost of manufacturing trucks and repairing old ones.
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https://www.axios.com/2025/10/16/trump-tariffs-cost-china
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https://www.tradecomplianceresourcehub.com/2025/10/15/trump-2-0-tariff-tracker/
According to President Trump, “Tariff is the most beautiful word in the dictionary
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The reason that Trump feels this way is because of his pathological delusions of grandeur thinking.
As the most powerful and unstable person in the world, tariffs allow him to manifest his desire to exploit that position to the max by constantly manipulating all the worlds countries to bend, based on his daily emotional extremes.
Brazil isn't treating his far right political friend right?
50% tariff on Brazil!!
India doesn't agree that he stopped their war with Pakistan?
50% tariff on India!!
China doesn't agree with him on X, Y and Z?
50% tariff on China. Make that 150%. No make that 25%, no make that 100%............wait, make that 157%. .......No, the latest is now to tell the world that's not sustainable because the last 100% caused the stock market to drop.
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Trump calls 157% China tariffs 'not sustainable' ahead of planned Xi meeting in South Korea
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This is absolutely NOT an effective way to negotiate unless you live in the Twilight Zone. It's Trump abusing his power as president because he's mentally ill(and now suffering with dementia to go with that), while the Rs in Congress give all their power to him because they fear him and are so political, that politics trumps their ability to apply common sense, which should compel them to stop this.
Who pays the price?
Everybody in the world as free trade is beneficial to both sides based on the indisputable principles of global economics but the ones suffering the most are Americans.
This is NEVER going to bring manufacturing back into the United States. No chance. Manufacturing is based on the fundamentals of cost between poor and rich countries. Putting an artificial, big tariff on a country or penalty on a country can't change that........even for the most powerful and deranged man in the world.
Saying it will or twisting facts to make is seem that it will, won't make it happen.
https://www.bbc.com/news/articles/cn93e12rypgo
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Trump's tariffs HURT EVERYBODY and are a big part of why this is true:
By metmike - Oct. 4, 2025, 9:30 p.m.
U.S. Image Declines in Many Nations Amid Low Confidence in Trump
One of the many things Trump is unable to comprehend about his ruinous tariffs is that our trading partners are REPLACING THE UNITED STATES and making NEW DEALS with other countries to take away our business permanently(or at least while Trump is in office).
Trump is ISOLATING the United States on the global trading stage, which is the exact opposite of what he claims the tariffs will do.
Soybean farmers in the United States are a great example. Our #1 customer, China has replaced all their buying with purchases from Brazil and Argentina. Some of this business will be lost for years, even after Trump is gone.
This is not a metmike opinion or speculation its a stone cold fact based on reality and the economic principles of free trading in the world.
No free trade with the US???
Then there are other countries that get some of that business.
https://en.wikipedia.org/wiki/Tariffs_in_the_second_Trump_administration

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https://www.youtube.com/watch?v=Jo-BeEOAJ5k
Trump claims that his tariffs(all paid by American companies-that make less money now and pass it on to consumers, will reduce the National Debt.
But his big ugly bill gives it to rich people instead of reducing the debt.
His tariffs that supposedly make US products more competitive in the world does the exact opposite. It PUNISHES US COMPANIES that are the ones paying the tariff and PUNISHES US CONSUMERS that end of paying for it.
https://www.youtube.com/watch?v=sGOBFfexuk4
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https://fortune.com/2025/10/14/america-going-broke-jpmorgan-david-kelly-debt-tariffs/
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https://bipartisanpolicy.org/explainer/what-does-the-one-big-beautiful-bill-cost/
The One Big Beautiful Bill Act will cost $3.4 trillionover the next 10 years, and more than $4 trillion when accounting for additional interest owed on the national debt. Read below for a breakdown of these costs, year by year and provision by provision.
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From the White House.....NOT TRUE!
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Even Fox News knows the White House is not being honest!

https://www.newsweek.com/trump-argentina-beef-prices-nebraska-fischer-republican-10912644
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Here's the insanity of doing this.
His tariffs, by design, intentionally STIFLE demand of foreign goods by making them MORE expensive for US consumers.
Now, he has a political friend in Argentina and he is going to do the exact opposite to help his friend in order to reduce the cost of beef to US consumers.
If he REALLY cared about prices for US consumers, then he would drop all his illegal and ruinous tariffs immediately.
I don't have a problem with him doing something to lower the cost of beef in the US to help consumers as much as his hypocrisy, erratic/inconsistent/impulsive applications of policies and his crony politics that benefit him and his friends personally.
He's willing to snub the US cattle industry or snub the US soybean farmer for his personal agendas!
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Farm-state lawmakers and allies of the president are rushing to get him to reverse course.