The trade and economy mega-thread (4 Viewers)

[superchuck500]

Is there a trade deal with China? Is it really a deal or just a pull-back to status quo ante? Is Trump advancing US interests in this well-executed trade battle plan or was this poorly conceived from the start . . . and harmful?

I think the jury's still out, but I haven't seen that the Chinese are offering much in compromise - and it's not even clear if there's going to be an agreement. But it's clear they are working on something and I'm sure Trump will sell it as the greatest trade deal ever. The proof will be in the details.

 

[longtime lurker]

Mortgage rates surge over 7% as tariffs hit bond market

Mortgage rates surged over 7% to end the week, after massive volatility in bond markets surrounding President Donald Trump's tariff agenda.

www.cnbc.com

 

[superchuck500]

 

[nolaspe]

Good for them, I wouldn't want to visit this giant dumpster fire either...

 

[nolaspe]

 

[nolaspe]

 

[nolaspe]

 

[FullMonte]

I've said it over and over again...It's very clear what is happening here.

Donald Trump is playing chess while the rest of the world is dealing with geopolitical economies on a global scale.

 

[bird]

I've said it over and over again...It's very clear what is happening here.

Donald Trump is playing chess while the rest of the world is dealing with geopolitical economies on a global scale.

Yeah, and he is playing against himself.

And we’re losing.

 

[nolaspe]

 

[Optimus Prime]

Smartphones and computers are now exempt from Trump’s latest tariffs | CNN Business

Electronics imported to the United States will be exempt from President Donald Trump’s sweeping tariffs, according to a US Customs and Border Protection notice posted on Friday.

www.cnn.com

 

[fooferdoggie]

this is like the typical trump admin.

Um, It Turns Out No One at the Ports Is Collecting Trump’s Tariffs

https://www.theguardian.com/us-news...medium=website&utm_content=link&ICID=ref_fark

 

[bird]

Smartphones and computers are now exempt from Trump’s latest tariffs | CNN Business

Electronics imported to the United States will be exempt from President Donald Trump’s sweeping tariffs, according to a US Customs and Border Protection notice posted on Friday.

www.cnn.com

I am stunned, not.

 

[bird]

this is like the typical trump admin.

Um, It Turns Out No One at the Ports Is Collecting Trump’s Tariffs

https://www.theguardian.com/us-news...medium=website&utm_content=link&ICID=ref_fark

I am shocked, shocked, I tell you.

 

[UriUT]

So there it is.

 

[longtime lurker]

Trump can pull stocks back from the brink, but bond and currency markets may not be so easily impressed as they rapidly de-dollarize

"The fact that the dollar is going down at the same time, I think, lends some more credibility to the story of investor preferences shifting."

fortune.com