[Pugchief]

Originally Posted by rustyp

My $198 50 inch Onn tv works just fine.
My Whirlpool dishwasher broke in December.

Not at all random or anecdotal. [/eyeroll]

[jimjamuser]

Originally Posted by fdpaq0580

Tariffs on hold for 90 days? Sounds like "we (?)" blinked when they didn't.

I bet that the newspapers in Canada have NICE things to say about us.

[fdpaq0580]

Originally Posted by jimjamuser

I bet that the newspapers in Canada have NICE things to say about us.

Only if by "NICE" you mean "HUMILIATING". PS, and well deserved, imo

[Normal]

Originally Posted by jimjamuser

I am wondering how this global economic fight initiated by the US helps world economics. And then is there any :unintended consequences that get reflected back on the US. We certainly are NOT making any FRIENDS in the free world. And I wonder if we are making any friends in the non-free world?

This fight was “initiated” long before now. Tariffs are used by almost every country, they manipulate trade. We have turned the other cheek for way too long. It is correct to address deficit and debt to get our country in order. Tariffs contribute to our trade deficit.

[eyc234]

Originally Posted by GWilliams

Negotiations are ongoing.

No proof of that! That is what has been said for the last 3 months and no arrangements.

[jimjamuser]

Originally Posted by fdpaq0580

By the way, just a reminder that the trade agreements with Canada and Mexico that Mr. T railed at and implied only an idiot would have signed and were so bad for the US, were His proposal USMCA from the g20 conference, 2019.
Not taking sides, just looking at history related to the current tariff situation to try and make sense of it.

The average person does NOT like CHANGE. They don't like to gamble, especially with hard earned money in investment accounts. They prefer economic STABILITY and investments with minimum downsides and a CONSTANT, while small upside. Today we have MAXIMUM financial change. Leaving the small investors perplexed and frightened. Small investors were surprised by the SUDDEN CHANGE to Tariffs for virtually everyone. The question then is, "What class of investors would BENEFIT in this NEW and quickly changing world". I would imagine that it would be those INVESTORS that ALWAYS have benefited from rapid change. Those that probably KNOW that the change is coming. That would be the upper 1 % in the US and world. They communicate with EACH other, not the lowly bottom feeding 99%. The 1% KNEW that radical universal tariffs would start the US market DOWN. So, that was their chance to SHORT the market. It was a no-brainer for the 1% and a fantastic opportunity, with zero risk. They just have to NOT be too greedy and get out before the market comes back. They can even BUY on the way back up. Likely they benefited from some sort of insider information.

[Topspinmo]

Originally Posted by kkingston57

Islands inhabited with penguins only were 1st in line.

Maybe the penguins has high tariff on imported fish? Fish from middle of Congo want to get eaten with paying a tariff?

[Topspinmo]

Originally Posted by jimjamuser

The average person does NOT like CHANGE. They don't like to gamble, especially with hard earned money in investment accounts. They prefer economic STABILITY and investments with minimum downsides and a CONSTANT, while small upside. Today we have MAXIMUM financial change. Leaving the small investors perplexed and frightened. Small investors were surprised by the SUDDEN CHANGE to Tariffs for virtually everyone. The question then is, "What class of investors would BENEFIT in this NEW and quickly changing world". I would imagine that it would be those INVESTORS that ALWAYS have benefited from rapid change. Those that probably KNOW that the change is coming. That would be the upper 1 % in the US and world. They communicate with EACH other, not the lowly bottom feeding 99%. The 1% KNEW that radical universal tariffs would start the US market DOWN. So, that was their chance to SHORT the market. It was a no-brainer for the 1% and a fantastic opportunity, with zero risk. They just have to NOT be too greedy and get out before the market comes back. They can even BUY on the way back up. Likely they benefited from some sort of insider information.

Average persons have no investments especially in stock market.

[Topspinmo]

Originally Posted by fdpaq0580

It doesn't.
And imho, our "leadership" doesn't understand the concept of friendship, and only wants tools that can be easily manipulated. Time will tell.
Have a nice day. 🙂

A friend don’t charge you double or triple.

[Aces4]

Originally Posted by Danube

Losing in the ukraine... what is (western) Europe going to do about it? Invade?

Right now the discussion is about tariffs so I'm going to focus on the subject on hand and not bring up every other world issue of which I can think.

[Aces4]

Originally Posted by rustyp

My Toyota Camry delivers me all the quality I require.

I don't doubt that you like it, was it manufactured in their American plant?

AI Overview: Toyota Camry is assembled in the United States, specifically at Toyota Motor Manufacturing, Kentucky, Inc. (TMMK) in Georgetown, Kentucky.

[Aces4]

Originally Posted by jimjamuser

I am wondering how this global economic fight initiated by the US helps world economics. And then is there any :unintended consequences that get reflected back on the US. We certainly are NOT making any FRIENDS in the free world. And I wonder if we are making any friends in the non-free world?

Perhaps you could go back to the people who over the past thirty years have claimed that something needs to be done about the trade inequities. They are silent now but then again, I'm not surprised.

[Aces4]

Originally Posted by jimjamuser

I bet that the newspapers in Canada have NICE things to say about us.

Seriously? You aren't going to look at what has been going on in full detail so you are educated on the when, wheres and whys but you're wondering how Canada's newpapers read? Yikes!

[rustyp]

Originally Posted by Aces4

I don't doubt that you like it, was it manufactured in their American plant?

AI Overview: Toyota Camry is assembled in the United States, specifically at Toyota Motor Manufacturing, Kentucky, Inc. (TMMK) in Georgetown, Kentucky.

Japanese technology.

Independent of where a Camry is ASSEMBLED 100% of the parts are sourced from the same source - including Camrys made in Japan.

[Stu from NYC]

Originally Posted by eyc234

No proof of that! That is what has been said for the last 3 months and no arrangements.

We have no way of knowing one way or another as to whether negotiations are going on but logically believe they are.