Trump eyes massive escalation in economic war with China - 60% tariffs

+ $10 trillion in damages for the intentional China virus release.
+ 90% tax on all the billionaires that got rich from offshoring our manufacturing to China.
You know Trump is a moderate, his hands are too small for a dictator.
 
On the one hand, about 25 years too late - and say hello to inflation!

On the other, it would be nice if the coming China-USA war (which seems inevitable) didn't suddenly make 80% of all manufactured goods totally unavailable.
 
Nighthawk said:
The Washington Post's Jeff Stein reports -- citing three people familiar -- that Trump has floated 10-60% tariffs on all Chinese goods if he's elected President.

https://www.washingtonpost.com/business/2024/01/27/trump-china-trade-war/

Holy Moly. I think I have to make Tier1 options desks happy and purchase OTM S&P 500 put options! :confused::confused::confused:
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So this is an election year so markets don't go down. Everyone says spy to 5100 5200 etc and beyond so it's has to go up. This news will worry markets probably in 2025 but I highly doubt it since there is nothing that can sell these markets off. So just buy calls and make free money
 
newwurldmn said:
and domestic producers (where they exist) increase their prices by 60percent.

We’ve seen this story before.
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I asked friend who is a citrus and almond grower about this scenario, he called it a patriotic price increase as long as it did not affect him.
 
newwurldmn said:
and domestic producers (where they exist) increase their prices by 60percent.

We’ve seen this story before.
More...

no more 99 cents lays potato chips on the supermarket shell, i think you would agree on that. now it is at least $2 if not more.

domestic producers, take us postal for example, money order fee, increase 55 cents from $1.45 in 2021 to $2 in 2023. you’d think printing few number on a piece of paper got nothing to inflation.
 
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