I can't comprehend how that would even be possible. Trump has publicly totally embraced the tariff position. You can't pin problems on anyone else now.
There is no problem except in the Brainwashed minds of people who beleive the nonsense that Tariffs are bad and China is vital to the American Economy. It a big world and there are other Countries like Vietnam and India who are willing to make a Tariff deal and replace China as a source of CHEAP LABOR that enriches US Global Companies . You have to understand that the difference in production costs between an item built in Asia vs the USA is not a big component of the retail price . Take Nike shoes, for example. If the production cost in Vietnam is $8, producing them in the U.S. would cost about $14–$16. At most, that's a $10 difference. But Nike sells those shoes in the U.S. for anywhere from $70 to $300. The same goes for all major brands. So the Tarff is not passed on to the consumer dollar for dollar. The Global Corporations on wall street have to absorb some of this cost since thier Profit Margin is already INFLATED to begin with and they cannot simply raise prices and keep market share. This is why it effects thier earnings and Stock Prices. 80% of Americans dont care about stock prices. These products will be made here or outside of China where the labor cost is even LOWER or equal and there will be no overall effect. If Tariffs are bad for an economy other countries would not be imposing them against the USA. We have to adjust to the changes and not complain about them. In the long run the USA and the American people will be in a better position when our trade imbalance is equalized.
Good write up Frank, however I believe its is the media, the talking heads and finally the citizens themselves who are brainwashing each other,(rabble rousers) a conspiratorial effort to blame Trump for the collapse of the world economy.
Here it(tariffs) is in it's simplest form. The larger the exporter the larger the loser. If these tariffs were left in place in perpetuity the American standard of living would increase every year, all things being equal!
But that ain't going to happen as the monetary(sic)system we have now is approaching a mathematical, societal, and financial terminus!
my comment re noticing the vitriol surrounding tariffs...
Believe me, the small disruption from this tariff nonsense will seem inconsequential after the denouement of this tremendous asset inflation blown by our friendly Federal Reserve.
What are now our "markets" are gas bags of inflation floating on a sea of debt which just happens to be our currency!
Since no one takes accountability you can bet the Fed will muster the troops and move heaven and earth to convince you it is all Trumps fault, if they convince us they will continue on with their plan of subjugation.
Taylor Caldwell wrote, "There will be no peace in the tormented world, only a programmed and systematic series of wars and calamities, until the plotters have gained their objective: an exhausted world willing to submit to planned Marxist economy and total and meek enslavement - in the name of peace."
"Almost the whole world is Communist in its thinking, and political parties of all persuasions are Communist in their policies. What is globalization and the concept of one world government but the centralization of control by an all-powerful State. It is Communist doctrine."
Apparently Elon called Navarro "Truly a moron". It could be a sort of setup for Navarro to take the fall, but to me this is all Trump's doing no matter who they try to blame it on. Don't get duped by the Duppy!
Why don't you just support the President on what he is trying to do for the middle class? If Elon bought all the Planned Parenthood outlits you think that would end abortions?
It is NEVER trump in the trumpie trance world. TRUMP started this agenda, Trump pushed the agenda with bucks to participate whether states/governors or corps and inions via CARES act. Keep blaming everyone BUT djt. No surprise djt was brought back in the trump cult will walk off the cliff for their evil creature hero, djt.
Trump's largely a buffoon. But no other candidate had the balls that Trump had. He was the best choice available in 2016 and doing not so bad right now.
Ok.. tell me the constitutional power Trump could have used to stop the governors from doing what they did... I'll wait.
I'll agree. it was disasterous.
I was coming home from singapore after chinese new year and texted to my brothers... "It looks like this mainly affects the older peeps so hopefully they won't shut everything down".. They did and it was an economic disaster.
Again, I admit he made the wrong choice.
At least he's shutting down the DOE and much other parts of government now... What other candidate would have done better than Trump?
"After deliberations that went late into Tuesday, Trump didn’t decide on the final plan until about 1 p.m. Wednesday — less than three hours ahead of his Rose Garden announcement.”
Inside President Trump’s whirlwind decision to upend global trade
No one can. There is no real substantive difference in the two criminal parties, when in power. It's all lies and propaganda. This is another Dem set up for the maket to crash on the Repugnants. Then we go pendulum swing the other way. Almost like clockwork. We have a debt based system, so inflation and accelerating debt/credit cycle is mandatory to keep it going. Sit back and enjoy getting poorer, in fiat currency terms.
He pushed them harder to lower rates. Which is what we need. We need the fed to lower interest rates or we're going to have 2.5 trillion in interest payments per year real soon.
INTEREST PAYMENTS ARE 1 TRILLION per year already.... and growing because we've had to refinance since the Fed started raising rates. We have 9 trillion in debt that comes due this year.
If interest rates are high. We lock in those higher interest rates and have to pay more interest.
Paying more interest increases the deficit.
We're screwed either way probably.
But boosting our currency involved increasing the value of the debt. and the interest payments.
This Rabbit Hole goes so deep that One would be labeled insane for exposing the true narrative. Remember that this is the same Creature responsible for Warp Speed. This is Soloman’s Temple unfolding…
I’m with you on this. Trying hard to remain neutral… but the clear space between trump derangement hate syndrome on the left, and trump derangement Q syndrome on the right is getting squeezed… moving walls, tightening the screws on all of us, till it’s One World Order, Building Back Better, hope I’m wrong.
Taiwan has agreed to drop ALL tariffs on the United States, joining India, Israel, Vietnam, and Cambodia, who also intend to zero out their tariffs
Over 50 countries have called to negotiate with Trump so far.
--What you've seen so far is Trump laid out tariffs across EVERYONE - no stone untaxed, so to speak - and as countries come forward to negotiate better terms, those will get better treatment up to and including free trade going BOTH ways... those that don't come forward are taxed. That leaves us in a much freer trade situation for those who play, and those that don't we'll get revenue from their attempts to enter our market. It's very very simple. Win-win strategy.
Inner me says distraction (TOO IN YOUR FACE) Everything in your face, so much so fast?? Where's the f--king curtain and what's going on behind the scenes??
Bullshit, if you’re in charge it’s your responsibility
I can't comprehend how that would even be possible. Trump has publicly totally embraced the tariff position. You can't pin problems on anyone else now.
There is no problem except in the Brainwashed minds of people who beleive the nonsense that Tariffs are bad and China is vital to the American Economy. It a big world and there are other Countries like Vietnam and India who are willing to make a Tariff deal and replace China as a source of CHEAP LABOR that enriches US Global Companies . You have to understand that the difference in production costs between an item built in Asia vs the USA is not a big component of the retail price . Take Nike shoes, for example. If the production cost in Vietnam is $8, producing them in the U.S. would cost about $14–$16. At most, that's a $10 difference. But Nike sells those shoes in the U.S. for anywhere from $70 to $300. The same goes for all major brands. So the Tarff is not passed on to the consumer dollar for dollar. The Global Corporations on wall street have to absorb some of this cost since thier Profit Margin is already INFLATED to begin with and they cannot simply raise prices and keep market share. This is why it effects thier earnings and Stock Prices. 80% of Americans dont care about stock prices. These products will be made here or outside of China where the labor cost is even LOWER or equal and there will be no overall effect. If Tariffs are bad for an economy other countries would not be imposing them against the USA. We have to adjust to the changes and not complain about them. In the long run the USA and the American people will be in a better position when our trade imbalance is equalized.
Good write up Frank, however I believe its is the media, the talking heads and finally the citizens themselves who are brainwashing each other,(rabble rousers) a conspiratorial effort to blame Trump for the collapse of the world economy.
Here it(tariffs) is in it's simplest form. The larger the exporter the larger the loser. If these tariffs were left in place in perpetuity the American standard of living would increase every year, all things being equal!
But that ain't going to happen as the monetary(sic)system we have now is approaching a mathematical, societal, and financial terminus!
my comment re noticing the vitriol surrounding tariffs...
Believe me, the small disruption from this tariff nonsense will seem inconsequential after the denouement of this tremendous asset inflation blown by our friendly Federal Reserve.
What are now our "markets" are gas bags of inflation floating on a sea of debt which just happens to be our currency!
Since no one takes accountability you can bet the Fed will muster the troops and move heaven and earth to convince you it is all Trumps fault, if they convince us they will continue on with their plan of subjugation.
Taylor Caldwell wrote, "There will be no peace in the tormented world, only a programmed and systematic series of wars and calamities, until the plotters have gained their objective: an exhausted world willing to submit to planned Marxist economy and total and meek enslavement - in the name of peace."
"Almost the whole world is Communist in its thinking, and political parties of all persuasions are Communist in their policies. What is globalization and the concept of one world government but the centralization of control by an all-powerful State. It is Communist doctrine."
NATO Commander, Brigadier W.F.K. Thompson
Amen!
We're already bankrupt. further inflation is the only way to stop it.
(These products will be made here)
Wake up! You are having a bad wet dream...
No reason they can't be eventually. Robots. Ai.
Fully agree!
Any proof Trump actually did blame Navarro? Nope... this is all just silly fake news.
Apparently Elon called Navarro "Truly a moron". It could be a sort of setup for Navarro to take the fall, but to me this is all Trump's doing no matter who they try to blame it on. Don't get duped by the Duppy!
Why don't you just support the President on what he is trying to do for the middle class? If Elon bought all the Planned Parenthood outlits you think that would end abortions?
Deep state bullshit that has to blame Trump and his administration for Biden’s and The Fed’s failed policies.
So this is Bidens fault that the tariffs which Trump enforced are melting down the stock market BUT! Is really Navarro. Ok... Got it thanks.
Biden massively contributed to inflation. Paying people not to work when we needed people to work and then letting the ukraine war happen
Similar to trump paying people not to work during konvid and printing masses of bucks. Trump’s war was on the US plebs.
I don't agree with his covid response... but Biden was worse. He paid people not to work after we had a vaccine and we needed them to go to work.
In the end, Trump couldn't stop the governors from shutting down their own economies...
It is NEVER trump in the trumpie trance world. TRUMP started this agenda, Trump pushed the agenda with bucks to participate whether states/governors or corps and inions via CARES act. Keep blaming everyone BUT djt. No surprise djt was brought back in the trump cult will walk off the cliff for their evil creature hero, djt.
Did you call your representative every day telling them they shouldn't shut down the country?
NO?
Well then guess what? You were part of the problem.
Get off your silly Mannerino high horse.
Trump's largely a buffoon. But no other candidate had the balls that Trump had. He was the best choice available in 2016 and doing not so bad right now.
Ok.. tell me the constitutional power Trump could have used to stop the governors from doing what they did... I'll wait.
I'll agree. it was disasterous.
I was coming home from singapore after chinese new year and texted to my brothers... "It looks like this mainly affects the older peeps so hopefully they won't shut everything down".. They did and it was an economic disaster.
Again, I admit he made the wrong choice.
At least he's shutting down the DOE and much other parts of government now... What other candidate would have done better than Trump?
Whats the current pe ratio of the s&p500. Still overvalued.
I would say that no one person is responsible for the market CORRECTION. It’s all the people who got wet feet and pulled their money.
"After deliberations that went late into Tuesday, Trump didn’t decide on the final plan until about 1 p.m. Wednesday — less than three hours ahead of his Rose Garden announcement.”
Inside President Trump’s whirlwind decision to upend global trade
https://www.washingtonpost.com/politics/2025/04/04/trump-tariffs-reason-advisers/
Hi Greg!
I have an honest question for you and I need an honest answer from you.
Have you ever sold any of your Bitcoin?
God is watching!
Ever YES. I made public announcements on this. I am an open book.
Thanks for your honesty...
Your mistake, you think that Trump ISN'T deep state!
He's not.
How are TRUMP'S tariffs Bidens fault??
And tell us just ONE thing that Trump has done differently from Biden, regarding the FED ?
One example of something that he has done that will rein in the FED?
No one can. There is no real substantive difference in the two criminal parties, when in power. It's all lies and propaganda. This is another Dem set up for the maket to crash on the Repugnants. Then we go pendulum swing the other way. Almost like clockwork. We have a debt based system, so inflation and accelerating debt/credit cycle is mandatory to keep it going. Sit back and enjoy getting poorer, in fiat currency terms.
He pushed them harder to lower rates. Which is what we need. We need the fed to lower interest rates or we're going to have 2.5 trillion in interest payments per year real soon.
Lower/low interest rates have created the $36 trillion mess that we are IN!!!
What happened to the debt, just recently, when we were damn near zero for YEARS, O that's right, it kept EXPLODING higher!!!
So I'll ask it again, how do lower rates help?
Interest payments, that's a rounding error in the grand scheme of things!!!
INTEREST PAYMENTS ARE 1 TRILLION per year already.... and growing because we've had to refinance since the Fed started raising rates. We have 9 trillion in debt that comes due this year.
If interest rates are high. We lock in those higher interest rates and have to pay more interest.
Paying more interest increases the deficit.
We're screwed either way probably.
But boosting our currency involved increasing the value of the debt. and the interest payments.
We can't afford to do that. Keep your gold.
Inflation is the only option.
We spend trillions on wars and scamdemics
And you HONESTLY believe interest rate payments on the debt are a concern???
I have news for you, the power brokers, bankers and politicians don't give 2💩💩about that!
1 trillion a year. The scamdemic ended a couple years ago.
We have to start with where we are at now.
I'm sorry you lost a lot of money because you didn't pay attention.
When did I say that I lost money?
I didn't nor did I
It is all lies and deep state bs, as usual. You nailed it. The truth has been this simple for quite some years now.
Do you truly believe that?
Most tortured logic I've ever seen!
Oh the irony
This Rabbit Hole goes so deep that One would be labeled insane for exposing the true narrative. Remember that this is the same Creature responsible for Warp Speed. This is Soloman’s Temple unfolding…
I’m with you on this. Trying hard to remain neutral… but the clear space between trump derangement hate syndrome on the left, and trump derangement Q syndrome on the right is getting squeezed… moving walls, tightening the screws on all of us, till it’s One World Order, Building Back Better, hope I’m wrong.
you're both nuts than. You think libtards would have ever gone back to work without a vaccine.
Just more Chaos Theater. Look here, don't look there.
WE HAVE A WINNER!!!!.. don't forget your cupie doll on the way out.
You have to get through!
Taiwan has agreed to drop ALL tariffs on the United States, joining India, Israel, Vietnam, and Cambodia, who also intend to zero out their tariffs
Over 50 countries have called to negotiate with Trump so far.
--What you've seen so far is Trump laid out tariffs across EVERYONE - no stone untaxed, so to speak - and as countries come forward to negotiate better terms, those will get better treatment up to and including free trade going BOTH ways... those that don't come forward are taxed. That leaves us in a much freer trade situation for those who play, and those that don't we'll get revenue from their attempts to enter our market. It's very very simple. Win-win strategy.
https://www.facebook.com/watch?v=1905502493600481
Sounds like another Trump was tricked, last time it was Fauci, now Navarro, it is never djt.
Accountability is a thing of the past
that word is no longer in Webster's...
Lol 😂
Likely so.
Scapegoat to most likely backtrack. If Trump does backtrack, he’s a massive failure.
desperate people doing desperate things. Babylon is imploding.
Sounds like a setup / excuse / reason to turn it all back green.
uuummmmmmmmmmmmm lol
Inner me says distraction (TOO IN YOUR FACE) Everything in your face, so much so fast?? Where's the f--king curtain and what's going on behind the scenes??
...THE HORROR!
Don't believe the BS, it's all part of the plan.
Moronic viewpoint.
Peter Navarro is one of the "Good Guys!"