Re: Business/Markets/Stocks/Economics Random, Random
Posted: Tue Apr 22, 2025 1:00 am
I'm buying pesos now for a trip to Mexico in November.
We still talk about tennis. And much more.
https://www.talkabouttennis2.com/
The notion is getting traction, though. Why? And from where?
He'll be gone in a month.President Donald Trump on Tuesday said he has “no intention” of firing Federal Reserve Chair Jerome Powell before his term leading the U.S. central bank ends next year.
“None whatsoever,” Trump said in the Oval Office when asked to clarify that he did not seek Powell’s removal. “Never did.”
Oh really? And what exactly is the point of the current tariffs then?ti-amie wrote: ↑Tue Apr 22, 2025 8:19 pm Financial Times
@financialtimes.com
· 50m
Wall Street stocks have rallied and oil prices have jumped after the US Treasury secretary Scott Bessent said a trade war with China was ‘unsustainable’. Bessent also reassured investors that President Donald Trump was not trying to decouple from China. www.ft.com/content/780c...
To gain a lot of press, and strut around like a peacock. What are you expecting out of a junior-high'er?Suliso wrote: ↑Wed Apr 23, 2025 2:19 amOh really? And what exactly is the point of the current tariffs then?ti-amie wrote: ↑Tue Apr 22, 2025 8:19 pm Financial Times
@financialtimes.com
· 50m
Wall Street stocks have rallied and oil prices have jumped after the US Treasury secretary Scott Bessent said a trade war with China was ‘unsustainable’. Bessent also reassured investors that President Donald Trump was not trying to decouple from China. www.ft.com/content/780c...
I suppose I ought to give you a more reasoned answer. I remember hearing about 5 years ago, that Trump's deal bargaining plan was to start out with a truely outrageously bad offer. Then as the other party makes any concession at all, he will make a larger concession. This larger concession is supposed to make him look less outrageous. Then, as the negotiations progress, he will continue to make concessions, but still end up with a better agreement than if he did not start out with an outrageous negotiation position. Since this is what I remember from about 5 years ago, you might want to take it with several grains of salt. However, it does describe his initial tariff discussion tactics. However, it does appear that many of the other countries already know about his tactics and are not cooperating with him. We will see.Suliso wrote: ↑Wed Apr 23, 2025 2:19 amOh really? And what exactly is the point of the current tariffs then?ti-amie wrote: ↑Tue Apr 22, 2025 8:19 pm Financial Times
@financialtimes.com
· 50m
Wall Street stocks have rallied and oil prices have jumped after the US Treasury secretary Scott Bessent said a trade war with China was ‘unsustainable’. Bessent also reassured investors that President Donald Trump was not trying to decouple from China. www.ft.com/content/780c...
I posted it here somewhere. In order to understand how serious the Japanese government statement was people need to realize how the Japanese themselves make fun of their overly polite interactions even in one on one situations. Speaking bluntly is not their modus operandi.dave g wrote: ↑Thu Apr 24, 2025 11:11 pmI suppose I ought to give you a more reasoned answer. I remember hearing about 5 years ago, that Trump's deal bargaining plan was to start out with a truely outrageously bad offer. Then as the other party makes any concession at all, he will make a larger concession. This larger concession is supposed to make him look less outrageous. Then, as the negotiations progress, he will continue to make concessions, but still end up with a better agreement than if he did not start out with an outrageous negotiation position. Since this is what I remember from about 5 years ago, you might want to take it with several grains of salt. However, it does describe his initial tariff discussion tactics. However, it does appear that many of the other countries already know about his tactics and are not cooperating with him. We will see.Suliso wrote: ↑Wed Apr 23, 2025 2:19 amOh really? And what exactly is the point of the current tariffs then?ti-amie wrote: ↑Tue Apr 22, 2025 8:19 pm Financial Times
@financialtimes.com
· 50m
Wall Street stocks have rallied and oil prices have jumped after the US Treasury secretary Scott Bessent said a trade war with China was ‘unsustainable’. Bessent also reassured investors that President Donald Trump was not trying to decouple from China. www.ft.com/content/780c...
I still think his behaviour is on par with a junior high bully. Unfortunately, I did not copy the Facebook link to a post where one of the leaders of the Japanese government describe the tariff negotiations with the president as "being extorted by a deliquent".
In the afternoon of April 24th, the Ministry of Foreign Affairs held a regular press conference.
Reporter: Recently, there have been continuous reports from the U.S. side claiming that negotiations are underway between China and the U.S., and that an agreement may be reached. Can you confirm whether the two sides have started negotiations?
Ministry of Foreign Affairs spokesperson Guo Jia Kun: These are all false messages. According to my understanding, the two sides have not engaged in consultations or negotiations on tariff issues, let alone reached an agreement.
Video at the link shows he thought this was funny.Carl Quintanilla
@carlquintanilla.bsky.social
Trump, asked about China’s denial of trade talks:
“Well, they had a meeting this morning.”
Reporter: “Who's they?”
Trump: “I can't tell you. It doesn't matter who ‘they’ is.”
@calltoactivism.bsky.social
Trump says he'll start setting tariffs in a couple of weeks on nations that haven't struck deals
In a press conference on Wednesday in the Oval Office, Trump said he thought the US would get "great deals" in its trade negotiations.
"If we don't have a deal with a company or country, we're going to set the tariff," he added.
Trump said his administration had spoken with 90 countries on the tariffs thus far.
"That will happen, I'd say, over the next couple of weeks, wouldn't you say? I think so, over the next two, three weeks. We'll be setting the number," he added.
https://www.businessinsider.com/trump-w ... s-sub-post
Earlier today the Chinese minister of froeign (sic) affairs have confirmed there are no negotiations or even consultation on tariffs, confirmed by the Chinese US embassy which has reposted this.
So far, the market continues to stay stable after a rally back to pre-liberation day levels, in a non-sensical ignoring of the issue. As a result, this hasn't been priced in.
T*SLA, up 20% on bad earnings largely because of Chinese tariff "relief" talks, is still up 20%. It has not been priced in either.
Do what you want with this information.