Trump announces 25% tariff on all imported vehicles!

[Tazzieman]

I just don’t want to know how many people around DT made a lot of money by going short and long because the had a „feeling“ for the markets the last week.View attachment 7892846

"Trump posted “THIS IS A GREAT TIME IS BUY!!!” to Truth Social less than four hours before making the post about the suspension on tariffs."

 

[bemax]

"Trump posted “THIS IS A GREAT TIME IS BUY!!!” to Truth Social less than four hours before making the post about the suspension on tariffs."

What exactly is the definition of „insider knowledge“ and how is it restricted to be used in the USA?

 

[Fab]

What exactly is the definition of „insider knowledge“ and how is it restricted to be used in the USA?

Trump is the president, he is immune and can do whatever pleases him and his friends.

 

[Shopkeep]

Trump is the president, he is immune and can do whatever pleases him and his friends.

But if his “friends” act on information provided by Trump prior to the announcement of his change of mind (ie capitulation) is that a form of insider trading? Probably a waste of time thinking about it as he would just pardon them anyway….

 

[Fab]

I think america should be building cars in Europe after what Trump is trying to do to us.
Maybe he will agree on 0% tariffs then.
That would be great, even better than MAGA.
That would be MEGA.

 

[ADVAW8S]

What exactly is the definition of „insider knowledge“ and how is it restricted to be used in the USA?

Insider trading occurs when someone trades a company's securities (like stocks) based on material, non-public information about that company.
Who is an "insider"?
The SEC defines an insider as someone who has access to non-public information about a company, such as company directors, officers, or large shareholders.
Material Information:
Material information is information that, if known to the public, could significantly impact the company's stock price.
Non-Public Information:
This refers to information that the public does not yet have access to.
Why is it illegal?
The SEC prohibits insider trading to maintain a fair and transparent market where everyone has access to the same information. Insider trading gives those with access to non-public information an unfair advantage.
Examples of Insider Trading:
A company CEO uses information about an upcoming product launch to buy stock before the public announcement.
A company employee sells stock after learning about a negative development that hasn't been made public.
Legal Insider Trading:
Corporate insiders can legally buy or sell stock in their own companies, but they must follow specific timing guidelines and report the trades to the SEC.
Consequences of Insider Trading:
Violations of insider trading laws can result in significant fines, imprisonment, and other penalties.
SEC Enforcement:
The SEC actively investigates and prosecutes insider trading cases to maintain market integrity.

 

[Jeremy996]

Insider trading occurs when someone trades a company's securities (like stocks) based on material, non-public information about that company.
Who is an "insider"?
The SEC defines an insider as someone who has access to non-public information about a company, such as company directors, officers, or large shareholders.
Material Information:
Material information is information that, if known to the public, could significantly impact the company's stock price.
Non-Public Information:
This refers to information that the public does not yet have access to.
Why is it illegal?
The SEC prohibits insider trading to maintain a fair and transparent market where everyone has access to the same information. Insider trading gives those with access to non-public information an unfair advantage.
Examples of Insider Trading:
A company CEO uses information about an upcoming product launch to buy stock before the public announcement.
A company employee sells stock after learning about a negative development that hasn't been made public.
Legal Insider Trading:
Corporate insiders can legally buy or sell stock in their own companies, but they must follow specific timing guidelines and report the trades to the SEC.
Consequences of Insider Trading:
Violations of insider trading laws can result in significant fines, imprisonment, and other penalties.
SEC Enforcement:
The SEC actively investigates and prosecutes insider trading cases to maintain market integrity.

On the basis of past form, the SEC is about to get abolished! (I'm sure that Musk would be delighted, they have had a love/hate relationship for years).

 

[DaveB]

So Trump backs down because because people were "yippy" and "afraid" due to the stock market declines.

So now he is basing his economic decisions on peoples "Yippiness"!!!
I didn't even know that was a word.
What a f**kin muppet.

OK for him to say it is a good time to buy shares.
What about the general public who don't have the spare cash to spend on shares.

This is why you don't let Billionaires run a country... they have nothing to lose.

 

[Tazzieman]

This is why you don't let Billionaires run a country... they have nothing to lose.

I recall not so long ago, a few oligarchs in Russia mysteriously lost their existence on this mortal coil.

 

[DaveB]

I recall not so long ago, a few oligarchs in Russia mysteriously lost their existence on this mortal coil.

Yes I think there was a spate of window problems.

 

[MattA]

It’s going to be interesting in a years time when American citizens can’t afford the consumption they have been used to for years
China produces cheap stuff , the USA consumes the cheap stuff
How much will all the toys and electrical goods now cost?
Trump is nothing but a self indulgent, narcissistic liar who will destroy the lives of the American people, well except for the billionaires and elites

 

[DaveB]

8,9 Mio. Aufrufe · 88.000 Reaktionen | 🎵 Just a spoonful of tariffs makes the stock market go down 🎵 #FallonTonight | The Tonight Show Starring Jimmy Fallon

🎵 Just a spoonful of tariffs makes the stock market go down 🎵 #FallonTonight.

www.facebook.com

 

[255/85]

Except the point of this entire thing was to make a deal with China, and he just went to 125% on them.

I don't get this victimhood at the hands of China you seem to ascribe to when this whole trade imbalance and the loss of US manufacturing was engineered by us. We created the whole neo-liberal economic system and we did it because Americans are cheap. I'm an American so I know. We do not like paying a fair price for anything. We don't give a rat's ass about our neighbor's living wage or whether his old granny is sleeping in the poor house or on the street. We want our cheap crap and we want it now. And don't you blame me or I'm taking my ball and going home. Wah.

Back in the late 1970s I realized that shifting the low pay, low skilled, and entry level work offshore would decimate our manufacturing base and standard of living because I saw the trend in my own line of work. The lesser positions continued to move to cheaper markets right up the scale until there was very little left of the industry compared to what it once was (or could have been with the decades of expanding demand and US population). Now it takes a college degree replete with staggering scholastic debt to land a job in my former field. The same is now true of just about every other line of work in the States.

He's been talking about what he's doing now for 40 years, You shouldn't be surprised.

And they've always been seen as bad ideas. How did you miss that?

Trump is the president, he is immune and can do whatever pleases him and his friends.

Sad but true.

 

[Shopkeep]

I never thought I would say this but it appears the Don and I share a pet peeve and I wholly endorse one of his recent changes: "no longer will shower heads be weak and worthless"
Trump reverses Biden rule restricting water usage for showerheads and other home appliances

Nothing worse than a low flow shower head. Ironically the best showerhead experience I have had is at the Westin Bund Center in Shanghai, the volume of water pumping through that thing was truly staggering. He should sign off an immediate tariff exemption for Chinese made high flow showerheads!

 

[Gaffer]

I am hopeful that tariffs give rise to more US - based manufacturing, and thus to higher incomes and dignity for their employees.

If there is a better strategy, I haven't heard it. Unfortunately, comparative advantage hasn't worked for us since ours is easy-to-steal intellectual property.

 

[Tazzieman]

Chinese toasters are spying on you!

 

[DaveB]

I never thought I would say this but it appears the Don and I share a pet peeve and I wholly endorse one of his recent changes: "no longer will shower heads be weak and worthless"
Trump reverses Biden rule restricting water usage for showerheads and other home appliances

Nothing worse than a low flow shower head. Ironically the best showerhead experience I have had is at the Westin Bund Center in Shanghai, the volume of water pumping through that thing was truly staggering. He should sign off an immediate tariff exemption for Chinese made high flow showerheads!

I usually take the shower head off at hotels and remove the flow restrictor
I put it back before I leave

 

[Znarfgh]

I think america should be building cars in Europe after what Trump is trying to do to us.
Maybe he will agree on 0% tariffs then.
That would be great, even better than MAGA.
That would be MEGA.

Yes but, very few people in Europe would buy an American car unless European manufacturing drastically improved the product quality and styling.

 

[BradS1]

I don't get this victimhood at the hands of China you seem to ascribe to when this whole trade imbalance and the loss of US manufacturing was engineered by us. We created the whole neo-liberal economic system and we did it because Americans are cheap. I'm an American so I know. We do not like paying a fair price for anything. We don't give a rat's ass about our neighbor's living wage or whether his old granny is sleeping in the poor house or on the street. We want our cheap crap and we want it now. And don't you blame me or I'm taking my ball and going home. Wah.

Back in the late 1970s I realized that shifting the low pay, low skilled, and entry level work offshore would decimate our manufacturing base and standard of living because I saw the trend in my own line of work. The lesser positions continued to move to cheaper markets right up the scale until there was very little left of the industry compared to what it once was (or could have been with the decades of expanding demand and US population). Now it takes a college degree replete with staggering scholastic debt to land a job in my former field. The same is now true of just about every other line of work in the States.



And they've always been seen as bad ideas. How did you miss that?



Sad but true.

Says the guy who owns a $90,000 English car, manufactured in a German factory within France... Yeah, you're cheap alright! The victimhood component is simple. Anything designed here, offshored for fulfillment gets ripped off and undercut by China and there isn't a damn thing anyone can do about it... hence "victimhood". Trump has been talking about it about as long as its been happening and what we're seeing now is his jawboning coming to fruition. Do I see it working? Probably not. They don't have to worry about pesky things like minimum wage, regulations, patents, the EPA.... There was probably less red tape involved in their 3000 mile long aqueduct project than my zoning a damn garage on my own property. lol.

 

[Tazzieman]

I usually take the shower head off at hotels and remove the flow restrictor
I put it back before I leave

Understandable. You never can tell which ones are bugged.
As for the hotel kettles