Why everything's coming up Trump on the economy

Grokmaster

Grokmaster

Well-known member
Contributor
Let me get some popcorn to enjoy while reading the upcoming leftist whine+lie fest.


To deny that Trump is kicking ass requires the detachment from reality of the "Russian Collusion/Hunter Laptop/Covid Wet Market/Biden's Fine" crowd.



Why everything's coming up Trump on the economy​


Why is President Trump escalating a trade war that had seemed dormant, threatening high tariffs on major trading partners, imported copper, and pharmaceuticals? A better question is "why not?"

The big picture: Economic, market, and policy developments have been a wind at the president's back in the last two months. The threatened downsides of an erratic policy process have not materialized, and economic naysayers — for the moment, at least — look silly.

  • This backdrop helps explain why Trump feels empowered to follow his instincts, which have long tilted toward aggressive use of trade barriers.
Flashback: Three months ago, stock and bond markets were in freefall, forecasters issued recession predictions, retailers warned of empty store shelves, and the outlook for Republicans' signature tax legislation was decidedly choppy.

  • None of that is true today.
State of play: The unemployment rate is 4.1%, a tick below its April level. Inflation readings in April and May were lower than forecasters expected. (June inflation data starts rolling in next week.)

  • The stock market is hovering near record highs, and 10-year Treasury yields are below their levels on Inauguration Day in January.
  • While supply chains have been whipsawed by the on-and-off trade war, retailers have thus far been able to maintain steady availability of imported profits at normal prices. It reflects both pre-tariff inventory buildup and the willingness of suppliers and importers to absorb much of the cost of tariffs.
  • The One Big, Beautiful Bill Act was signed into law on July 4, a self-imposed deadline from the president that many in the D.C. smart set thought was unlikely to be met.
  • And while the Federal Reserve isn't cutting interest rates as rapidly or as much as the president would like, a September rate cut looks more likely than not.
Reality check: The U.S. economy is a big, complex beast. It will take time for companies to adapt their pricing and supply chains to the kinds of massive shifts in trade policy seen so far in 2025 — and promised in the weeks ahead.



  • The president has been quick to delay or adjust tariffs when the signs of pain become too apparent, evident in climbdowns on April 9, May 12, and this week.
  • In other words, part of the reason April's dire predictions have not materialized is that White House policies have adapted.
Of note: Just Tuesday, Trump threatened a 50% tariff on copper and up to 200% on pharmaceuticals.

  • The threats "had effectively zero impact on broader equity valuations, interest rates or the value of the dollar on Tuesday afternoon," wrote RSM chief economist Joe Brusuelas in a note.
What they're saying: "One gets the sense that although sector tariffs remain a risk to the economic outlook, corporate margins and commodity prices, investors do not believe that they are going to turn over the economy at current levels," Brusuelas wrote.

  • "Eventually," he added, "the laws of economic gravity will pull those valuations back to earth as firms' margins are compressed, inflation increases and real disposable incomes fall."
The bottom line: It's so far, so good for the Trump 2.0 economy.
















BOOM!


:grokmaster:
 
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The economy went flat first quarter. Trump has accomplished nothing except confusion. Trump's vacillation is taken into account by financiers. He says a lot, changes his alleged mind, then reverses himself, followed by delays. TACO is a joke. They have found ways,so far, to work around our floundering president.
 
Grokmaster said:
Let me get some popcorn to enjoy while reading the upcoming leftist whine+lie fest.


To deny that Trump is kicking ass requires the detachment from reality of the "Russian Collusion/Hunter Laptop/Covid Wet Market/Biden's Fine" crowd.



Why everything's coming up Trump on the economy​


Why is President Trump escalating a trade war that had seemed dormant, threatening high tariffs on major trading partners, imported copper, and pharmaceuticals? A better question is "why not?"

The big picture: Economic, market, and policy developments have been a wind at the president's back in the last two months. The threatened downsides of an erratic policy process have not materialized, and economic naysayers — for the moment, at least — look silly.

  • This backdrop helps explain why Trump feels empowered to follow his instincts, which have long tilted toward aggressive use of trade barriers.
Flashback: Three months ago, stock and bond markets were in freefall, forecasters issued recession predictions, retailers warned of empty store shelves, and the outlook for Republicans' signature tax legislation was decidedly choppy.

  • None of that is true today.
State of play: The unemployment rate is 4.1%, a tick below its April level. Inflation readings in April and May were lower than forecasters expected. (June inflation data starts rolling in next week.)

  • The stock market is hovering near record highs, and 10-year Treasury yields are below their levels on Inauguration Day in January.
  • While supply chains have been whipsawed by the on-and-off trade war, retailers have thus far been able to maintain steady availability of imported profits at normal prices. It reflects both pre-tariff inventory buildup and the willingness of suppliers and importers to absorb much of the cost of tariffs.
  • The One Big, Beautiful Bill Act was signed into law on July 4, a self-imposed deadline from the president that many in the D.C. smart set thought was unlikely to be met.
  • And while the Federal Reserve isn't cutting interest rates as rapidly or as much as the president would like, a September rate cut looks more likely than not.
Reality check: The U.S. economy is a big, complex beast. It will take time for companies to adapt their pricing and supply chains to the kinds of massive shifts in trade policy seen so far in 2025 — and promised in the weeks ahead.



  • The president has been quick to delay or adjust tariffs when the signs of pain become too apparent, evident in climbdowns on April 9, May 12, and this week.
  • In other words, part of the reason April's dire predictions have not materialized is that White House policies have adapted.
Of note: Just Tuesday, Trump threatened a 50% tariff on copper and up to 200% on pharmaceuticals.

  • The threats "had effectively zero impact on broader equity valuations, interest rates or the value of the dollar on Tuesday afternoon," wrote RSM chief economist Joe Brusuelas in a note.
What they're saying: "One gets the sense that although sector tariffs remain a risk to the economic outlook, corporate margins and commodity prices, investors do not believe that they are going to turn over the economy at current levels," Brusuelas wrote.

  • "Eventually," he added, "the laws of economic gravity will pull those valuations back to earth as firms' margins are compressed, inflation increases and real disposable incomes fall."
The bottom line: It's so far, so good for the Trump 2.0 economy.
















BOOM!


:grokmaster:
Click to expand...
Everything that Crazy Trump touches turns to shit.
 
Nordberg said:
The economy went flat first quarter. Trump has accomplished nothing except confusion. Trump's vacillation is taken into account by financiers. He says a lot, changes his alleged mind, then reverses himself, followed by delays. TACO is a joke. They have found ways,so far, to work around our floundering president.
Click to expand...
This isn't the 1st quarter, is it? He knows how to negotiate, unlike any Dunce-o-crat POTUS ever.

Shut up and watch.

Flashback: Three months ago, stock and bond markets were in freefall, forecasters issued recession predictions, retailers warned of empty store shelves, and the outlook for Republicans' signature tax legislation was decidedly choppy.

  • None of that is true today.
State of play: The unemployment rate is 4.1%, a tick below its April level. Inflation readings in April and May were lower than forecasters expected. (June inflation data starts rolling in next week.)

  • The stock market is hovering near record highs, and 10-year Treasury yields are below their levels on Inauguration Day in January.
  • While supply chains have been whipsawed by the on-and-off trade war, retailers have thus far been able to maintain steady availability of imported profits at normal prices. It reflects both pre-tariff inventory buildup and the willingness of suppliers and importers to absorb much of the cost of tariffs.
  • The One Big, Beautiful Bill Act was signed into law on July 4, a self-imposed deadline from the president that many in the D.C. smart set thought was unlikely to be met.
  • And while the Federal Reserve isn't cutting interest rates as rapidly or as much as the president would like, a September rate cut looks more likely than not.
 
Grokmaster said:
Let me get some popcorn to enjoy while reading the upcoming leftist whine+lie fest.


To deny that Trump is kicking ass requires the detachment from reality of the "Russian Collusion/Hunter Laptop/Covid Wet Market/Biden's Fine" crowd.



Why everything's coming up Trump on the economy​


Why is President Trump escalating a trade war that had seemed dormant, threatening high tariffs on major trading partners, imported copper, and pharmaceuticals? A better question is "why not?"

The big picture: Economic, market, and policy developments have been a wind at the president's back in the last two months. The threatened downsides of an erratic policy process have not materialized, and economic naysayers — for the moment, at least — look silly.

  • This backdrop helps explain why Trump feels empowered to follow his instincts, which have long tilted toward aggressive use of trade barriers.
Flashback: Three months ago, stock and bond markets were in freefall, forecasters issued recession predictions, retailers warned of empty store shelves, and the outlook for Republicans' signature tax legislation was decidedly choppy.

  • None of that is true today.
State of play: The unemployment rate is 4.1%, a tick below its April level. Inflation readings in April and May were lower than forecasters expected. (June inflation data starts rolling in next week.)

  • The stock market is hovering near record highs, and 10-year Treasury yields are below their levels on Inauguration Day in January.
  • While supply chains have been whipsawed by the on-and-off trade war, retailers have thus far been able to maintain steady availability of imported profits at normal prices. It reflects both pre-tariff inventory buildup and the willingness of suppliers and importers to absorb much of the cost of tariffs.
  • The One Big, Beautiful Bill Act was signed into law on July 4, a self-imposed deadline from the president that many in the D.C. smart set thought was unlikely to be met.
  • And while the Federal Reserve isn't cutting interest rates as rapidly or as much as the president would like, a September rate cut looks more likely than not.
Reality check: The U.S. economy is a big, complex beast. It will take time for companies to adapt their pricing and supply chains to the kinds of massive shifts in trade policy seen so far in 2025 — and promised in the weeks ahead.



  • The president has been quick to delay or adjust tariffs when the signs of pain become too apparent, evident in climbdowns on April 9, May 12, and this week.
  • In other words, part of the reason April's dire predictions have not materialized is that White House policies have adapted.
Of note: Just Tuesday, Trump threatened a 50% tariff on copper and up to 200% on pharmaceuticals.

  • The threats "had effectively zero impact on broader equity valuations, interest rates or the value of the dollar on Tuesday afternoon," wrote RSM chief economist Joe Brusuelas in a note.
What they're saying: "One gets the sense that although sector tariffs remain a risk to the economic outlook, corporate margins and commodity prices, investors do not believe that they are going to turn over the economy at current levels," Brusuelas wrote.

  • "Eventually," he added, "the laws of economic gravity will pull those valuations back to earth as firms' margins are compressed, inflation increases and real disposable incomes fall."
The bottom line: It's so far, so good for the Trump 2.0 economy.
















BOOM!


:grokmaster:
Click to expand...

Trump repeatedly keeps chickening out on implementing his tariffs and his global trade war.
 
Cypress said:
Trump repeatedly keeps chickening out on implementing his tariffs and his global trade war.
Click to expand...
And you're continually posting stupid shit because you do not grasp the art of negotiation.

Outmaneuvering =/= "chickening out".


~ Multiple White House officials identified the reason that President Donald Trump's tariffs are not showing up in the inflation data: the producers of goods in their countries of origin are eating the cost.

The Bureau of Labor Statistics reported last month that the Consumer Price Index rose just 0.1 percent in May, after rising 0.2 percent in April.

If the current inflation rate keeps up, it will only be 1.4 percent annually for Trump versus the 3.1 percent annualized rate under Biden during his last 30 months in office.


In early April, Trump announced his “Liberation Day” universal 10 percent tariff and higher reciprocal tariffs for those countries his administration identified as being particularly egregious in blocking U.S. products from their markets.

Soon thereafter, he decided to pause the higher tariff rates for 90 days until July 9, as negotiations proceeded. The president also placed a 25 percent tariff on imported cars, steel, and aluminum.

This week, Trump has been notifying several countries of what their tariff rates will be starting August 1, but added that they could be lowered if negotiators strike a deal. For example, as things stand now, he said goods imported from South Korea and Japan will be charged 25 percent.

White House senior counsel for trade and manufacturing, Peter Navarro, told Fox Business on Wednesday, "Let’s always keep the big prize in mind. We have over a trillion dollar trade deficit every year. And that costs us jobs and factories."

"And what President Trump is doing is a fundamental, structural reset of how international trade works. And it’s going to work to our advantage rather than their advantage," he added.

 
Grokmaster said:
And you're continually posting stupid shit because you do not grasp the art of negotiation.

Outmaneuvering =/= "chickening out".


~ Multiple White House officials identified the reason that President Donald Trump's tariffs are not showing up in the inflation data: the producers of goods in their countries of origin are eating the cost.

The Bureau of Labor Statistics reported last month that the Consumer Price Index rose just 0.1 percent in May, after rising 0.2 percent in April.

If the current inflation rate keeps up, it will only be 1.4 percent annually for Trump versus the 3.1 percent annualized rate under Biden during his last 30 months in office.


In early April, Trump announced his “Liberation Day” universal 10 percent tariff and higher reciprocal tariffs for those countries his administration identified as being particularly egregious in blocking U.S. products from their markets.

Soon thereafter, he decided to pause the higher tariff rates for 90 days until July 9, as negotiations proceeded. The president also placed a 25 percent tariff on imported cars, steel, and aluminum.

This week, Trump has been notifying several countries of what their tariff rates will be starting August 1, but added that they could be lowered if negotiators strike a deal. For example, as things stand now, he said goods imported from South Korea and Japan will be charged 25 percent.

White House senior counsel for trade and manufacturing, Peter Navarro, told Fox Business on Wednesday, "Let’s always keep the big prize in mind. We have over a trillion dollar trade deficit every year. And that costs us jobs and factories."

"And what President Trump is doing is a fundamental, structural reset of how international trade works. And it’s going to work to our advantage rather than their advantage," he added.

Click to expand...
We are targeting small nations with small populations. Can you understand that a smaller market will buy less than the 4th biggest population on the planet? How are you going to sell Brunei, Fiji, Cameroon and Madagascar as much as we can buy? Trump does not think very well. Apparently, neither do you.
 
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