This Is How You Lose the Tariff War

[Seran]

Republicans deserve a big round of applause. A trade war, the biggest stock market dip since Trump's first term, and erasing $3-$4 trillion in wealth all in a single day.

Well done. :-)

[ClydeR]

The tariffs are good for BYD, China's rapidly growing electric vehicle company, and bad for U.S. auto makers. While U.S. auto makers are formulating plans to shift export production to factories outside the U.S. tariff system -- after a sufficient pause to see if Trump is serious this time -- BYD is taking this opportunity to expand its markets, as China moves to form trade alliances with alienated former U.S. allies. Inside the U.S., protectionism will raise prices, slow innovation and reduce quality.

[~Rocktar~]

And the economically ignorant weigh in with their panic as usual.

China's economy is teetering on collapse, uncounted numbers of countries are calling to negotiate where before they were telling us to piss off, dozens of companies have already committed trillions in investment.

OH, and rich people are making tons of money on your emotionally immature idiots that caused the stock market sell off. All you children selling off, stocks drop and they buy up stock at fire sale prices making a killing. Moving things around in my 401K is going to make me, and a lot of other people, a lot of cash for my retirement.

[Parkbandit]

Republicans deserve a big round of applause. A trade war, the biggest stock market dip since Trump's first term, and erasing $3-$4 trillion in wealth all in a single day.

Well done. :-)

1) Welcome back.. I thought after the election and absence you may have done something rash. Glad to see you still around.
2) Stock market is not a big deal. If you didn't see this coming, you were probably one of those that thought Biden was at the top of his game during his presidency. This is a huge buying opportunity on Monday imo.
3) Welcome back. I love that you AND Backlash are here. What a day to be alive.

[Parkbandit]

And the economically ignorant weigh in with their panic as usual.

I honestly know now that Trump did the right thing. The people against these measures are the same thing that believed the Russian collusion, Biden had all his faculties and you can't define a woman without a biology PhD.

[Methais]

Republicans deserve a big round of applause. A trade war, the biggest stock market dip since Trump's first term, and erasing $3-$4 trillion in wealth all in a single day.

Well done. :-)

God dammit Seran, you were supposed to be getting shredded in the gym and come back like this:

[Back]

Everyone who was going to draw from their 401ks this week are probably pretty sad about now.

[Methais]

Everyone who was going to draw from their 401ks this week are probably pretty sad about now.

Smart investors will see it as a buying opportunity.

[Back]

Smart investors will see it as a buying opportunity.

That's great for people who have cash laying around that they can use to buy stock with. Do you think that the average American is calling their broker to buy stocks with cash right now? We all already know the top 1% are probably buying it all up with the money they earned from short selling everything from 2 days ago.

[Suppressed Poet]

Republicans deserve a big round of applause. A trade war, the biggest stock market dip since Trump's first term, and erasing $3-$4 trillion in wealth all in a single day.

Well done. :-)

Welcome back.

We had all hoped post-election that you left to clean your room, start working out, and began listening to Jordan Peterson podcasts.