Trump's tariffs

[RB (Andrew)]

@blindman, @sharkbite
Not going to allow the discussion to go in that direction.

RB

[lazjen (Chris)]

Some of the tariffs affects won't be just price changes. In some cases, some items/parts may no longer become available or viable in the US, which in turn my make other things no longer possible to create. At least until alternate sources can be found, which for some manufacturing could take years (or never due to the economics involved).

Because the world has become intertwined in trade, there's going to be some strange and whacky impacts to the supply chains worldwide. Of course, US is going to be the most affected.

[toc (Tim)]

Australia will definitely get hammered - our dollar is tanking badly and that will probably have as much of affect as tarifs anyway.

I suspect many Chinese manufacturers will raise prices across the board for all countries - ZWO has already done that.

Even if Trump finds a way to save face and reduces the tarifs, the prices definitely wont go back down, so we will be stuck with the new normal.

Sorry folks, but our hobby is going to be in rough shape for some time

[Rainmaker (Matt)]

Trump’s tariff policy has nothing to do with world economics, he is simply engaged in insider trading with all of his family and wealthy friends.
I would bet that Trump and his mates all sold huge stock holdings two months ago knowing he was going to crash the market, and will soon be buying again when he withdraws the tariffs, making billions in the process…..

[sharkbite]

Originally Posted by Rainmaker

Trump’s tariff policy has nothing to do with world economics, he is simply engaged in insider trading with all of his family and wealthy friends.
I would bet that Trump and his mates all sold huge stock holdings two months ago knowing he was going to crash the market, and will soon be buying again when he withdraws the tariffs, making billions in the process…..

Narry a truer word was spoken...in fact if he does it again...i'm off to buy some shares...

[lazjen (Chris)]

Originally Posted by Rainmaker

Trump’s tariff policy has nothing to do with world economics, he is simply engaged in insider trading with all of his family and wealthy friends.
I would bet that Trump and his mates all sold huge stock holdings two months ago knowing he was going to crash the market, and will soon be buying again when he withdraws the tariffs, making billions in the process…..

Yes, it's stock market manipulation, something that he can do at will now. And it does look like they swooping in to buy the lowered stock prices. What a surprise.

[sharkbite]

Originally Posted by lazjen

Yes, it's stock market manipulation, something that he can do at will now. And it does look like they swooping in to buy the lowered stock prices. What a surprise.

and here's the proof:

https://www.smh.com.au/business/mark...10-p5lqmm.html

[sharkbite]

And here's some more proof...

https://www.smh.com.au/business/mark...21-p5lt28.html