TalkMarkets Comments | #tariffs - Page 1


Tariff Man Trump Fooled Wall Street From The Start
Gary Anderson 5/14/2019 4:15:49 PM

Update 3: Citizen boycotts are highly effective in China. A people's war against the USA is exactly that sort of boycott. It was called for by the official Chinese media in a primetime announcement last night. This will be worse than any official tariffs that China imposes. Wall Street is asleep. #CNBC #tariffs

Tariff Man Trump Fooled Wall Street From The Start
Gary Anderson 5/12/2019 3:15:57 PM

Update 1: Paul Krugman in the NYTimes says that Trump's trade war is more than just about economics. It is about destroying Pax Americana, the doctrine of peaceful international relations overseen by the USA. Trump wants to continually bully the world to submit to his vision of the world. If the world gives in, surely the resentment will build. Trump lies to his base, saying that China will pay for his tariffs. That is a boldfaced lie. You and I will pay for the #Trump #tariffs

Trump’s Trade War Raises American Costs, Reduces American Incomes
Gary Anderson 5/8/2019 9:40:25 AM

The article author is likely correct. And for me it goes beyond just the dollar amount of #tariffs. Tariffs mess with investments and that is a dangerous game. China helped pull us out of the Great Recession, too. Is that how we treat a nation that helped us? What if China decides to buy from other nations next time? #Trump and his trade buddies are radicals. The trade war could be far more harmful than actual changes in GDP. I hope it has a moderate effect, but if Trump miscalculated it could throw the world into a strong recession.

The Trump Tariff Put Will Expire Worthless
Moon Kil Woong 9/24/2018 5:06:06 AM

The market is not going up because of a #Trump put, it is going up because of the tax cut without a spending cut. This is called fiscal stimulus and it has negated the rather limited drop in monetary stimulus. If anything, the #tariffs and shenanigance in Washington over Internet regulation is holding the market back. If tariffs are cut and the trade war ends it will be a positive just like if the absurd hearings on #Twitter, #Google, and #Facebook end, that will help those stocks.

If or when this happens is debatable. Certainly if the whole market starts tanking, hopefully both of these will end and the government will focus on their job rather than creating more problems. Unfortunately, this is most likely to happen when the economy turns sour, providing limited relief, but most likely it will not turn the tide by itself.

World Trade Is Slowing, Perhaps Even Shrinking. This Is A Bad Sign
Moon Kil Woong 9/22/2018 3:57:27 PM

This is concerning despite being insulated from the effects by a stimulus package in the US with relatively no spending cuts. The main hurt is being generated in 3rd world countries that don't benefit from China outsourcing and losing manufacturing jobs to SE Asia. #TradeWars are never good and would look worse except for Europe's link up with Asian suppliers, a gradual rise in #oil prices, and the fact the US is still buying heavily from China despite the #TradeWar #tariffs.

"It's Time To Get Defensive": Morgan Stanley Downgrades Tech Stocks To Sell
Bruce Powers 7/9/2018 3:54:53 AM

Scary! You should add #Micron to the list. China just banned their chips in retaliation for #Trump's #tariffs. Half of $MU's sales are to China:

The Achilles Heel Of Trump's Tariffs
Alexis Renault 7/2/2018 1:42:26 PM

So what is the opposing argument? If #tariffs are so obviously bad, why are #Trump and his supporters pushing so hard for them?

Setting The Record Straight On Canada-U.S. Trade
Norman Mogil 6/17/2018 2:04:37 PM

If I may have the final word. All Canadian political parties are firmly behind the Prime Minister and his response to US #tariffs. It is rare that all parties agree in such a unified manner. Given the size of the US -Canada trade, the US will suffer just as Canada will suffer by putting up trade barriers. If only that concept could be understood by the Trump Administration, everyone would be better off. Lets hope saner heads prevail

Rate Hike Expected As Fed Signals It Will Allow Higher Inflation
Moon Kil Woong 5/24/2018 2:29:26 PM

Inflation is currently more about oil price increases, global trade tariffs, and potential trade wars. The only way for the Federal Reserve to fight this is to raise rates substantially enough to cool these effects which would be disastrous because the causes are globally focused. For instance oil is rising because of growing demand in Asia, India, and SE Asia.

Trade #inflation caused by #tariffs and actions overseas really can't be reversed unless monetary action substantially decreases demand which would impact the whole economy, not just the items being affected. The best way to calm this tide is to get rid of the factors causing global trade tensions, not monetary action.

There are reasons for gradual rate increases. These are to give the Federal Reserve breathing room to fight a future downturn, keep policy roughly in line with rising rates which were happening even before the Federal Reserve moved the ball, and to enable the US to sell its growing debt load and thus support the dollar. These things should be more of a concern than inflation.

What Should Trump Do With Free Trade?
Gary Anderson 1/8/2017 4:07:51 PM

#Tariffs could cause fewer people to buy durable goods. And bringing factories back only to be automated will eliminate all those customers in #China and elsewhere who make stuff and then buy American products. Automation is part of the reason that Christmas was so lame. If you eliminate customers anywhere, you eliminate sales. The world could be entirely automated and capitalism would probably fail and be overthrown.

Trump Part IV – The Causes and Uses of An Economic Crisis
Gary Anderson 12/5/2016 7:02:44 AM

I remember when my aunt owned a top of the line Buick, in the 50's. It broke down in the middle of the desert, and could have been serious. But now, thanks to the Japanese, the least expensive new car is dependable. We will not benefit by high tariffs. It will destroy tourism and jobs you don't even know exist. You want the world and their nukes to become Sparta on steroids while we are Athens? Or maybe you want us to just physically take over the world and brutalize the world like Rome? Yes we need more factories here, but we just need other countries to build them here. Implementing stiff #tariffs will halt that strategy.

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