Tariff Man and his tariff plan cause market plunges

[bambino]

Originally Posted by HDGristle

Actually, HE did

No he didn’t. You made it up. But don’t worry Mr Gristle, keep your eyes open on this Friday the 13th. Tariffs will collapse the financial industry. As you said in your opening post, “buckle up”. Geez, that seems like two weeks ago!!!!!

[lustylad]

Originally Posted by HDGristle

https://www.bbc.com/news/articles/cdjmepg4pzlo

$900m. That's a not insignificant hit to a good, American company

It's not chump change, even for Ford (annual revenue - $190 bn).

But compared to Ford's humongous write-off of $19.5 billion on EV investments announced last Dec. 15, it's no biggie.

[bambino]

Originally Posted by lustylad

Two weeks? Go back and read his post #1582. He complained after I clocked it at 2 minutes. He boasted it's even less than that!!

I said I doubt it’s that long!!!!!

[lustylad]

Originally Posted by bambino

I said I doubt it’s that long!!!!!

Great! You and Gristle finally agree on something!!

[HDGristle]

Originally Posted by lustylad

It's not chump change, even for Ford (annual revenue - $190 bn).

But compared to Ford's humongous write-off of $19.5 billion on EV investments announced last Dec. 15, it's no biggie.

Another negative impact from bad Trump policy, but not one for this thread.

Thanks, though

[HDGristle]

https://www.politico.com/live-update...riffs-00775107

The procedural vote to block tariff bills in the Hoyse failed in a rebuke to Johnson and Trump, with 3 defections

[jayzee43]

Originally Posted by bambino

“ Experts and farmers alike are in agreement that tariffs can be beneficial in certain scenarios when used strategically. For example, they can be used to protect consumers (as in with meat produced by countries that have lower food safety standards), to protect domestic labor, or to protect emergent industries or industries that are important to national security.”

You can stop waiting. Run along now.

Lol. That first sentence is not at all what's happening. trump isn't using tariffs "strategically" or "in certain scenarios". Not even close.

Now, instead of some lame copypasta from who-knows-where, try asking an actual farmer how the economy's going for him/her. They aren't gonna give you some gibberish like this.

[bambino]

Job growth exceeds expectations!!! Yet again, the OP’s thesis gets blown out of the water. Even CNN has to admit it.

https://www.cnn.com/2026/02/11/econo...-january-final

Here it comes; Gristle will say, “it would’ve been higher without tarriffs “!!!! Dismissing the fact that fake Joey Bribes was far worse!!!!!!

CLUELESS

[HDGristle]

You left out the with caveats part, as well as the 17k net downward revisions for Nov and Dec. Hell, there were some very interesting revisions to other numbers as well if you bothered to look.

Here's some food for thought you'll find inconvenient

The report included major revisions that reduced the number of jobs created last year to just 181,000, weakest since the pandemic year of 2020, and less than half the previously reported 584,000.

The lionshare of the gains remain in Healthcare. There were also reasonable construction gains (mostly non-residential specialty trades).

There was also a 5k gain in manufacturing jobs.

Now, that said we'll need to see if those numbers hold or get revised. It's nice to see some progress. Would love to see more progress. Sustainable progress. And maybe you'll be able to tie them to Tariffman's dumbass tariff plan. Well, not you. Lusty might try.

Then there's that inconvenient increase in the CBO's debt projections

Thank you valued poster

[bambino]

Originally Posted by HDGristle

You left out the with caveats part, as well as the 17k net downward revisions for Nov and Dec. Hell, there were some very interesting revisions to other numbers as well if you bothered to look.

Here's some food for thought you'll find inconvenient


The lionshare of the gains remain in Healthcare. There were also reasonable construction gains (mostly non-residential specialty trades).

There was also a 5k gain in manufacturing jobs.

Now, that said we'll need to see if those numbers hold or get revised. It's nice to see some progress. Would love to see more progress. Sustainable progress. And maybe you'll be able to tie them to Tariffman's dumbass tariff plan. Well, not you. Lusty might try.

Then there's that inconvenient increase in the CBO's debt projections

Thank you valued poster

It’s CNN!!! Of course there’s “caveats”!!!!!! I’m using your own propaganda sources against you!!! You’re getting shredded with every post!!!! How delicious!!!!

[HDGristle]

Only in your fantasies, Bam.

[HDGristle]

https://www.axios.com/2026/02/11/can...-vote-overturn

6 Republicans have now voted to overturn Trump's Canadian tariffs.

He doesn't only have to worry about how the Supremes will rule. Congress is beginning to reassert itself and this will setup an interesting next few weeks

[HDGristle]

https://www.cnbc.com/amp/2026/02/12/...s-flagged.html

President Trump's tariffs have led to a surge in revenue for the government, but also a record-breaking financial shortfall among importers required to buy special bonds to guarantee payment of trade duties.

U.S. Customs tells CNBC that for fiscal 2025 it has identified 27,479 customs bond "insufficiencies" valued at nearly $3.6 billion, double the 2019 level when insufficiencies first soared due to Trump's first-term trade policies.

Importers are unable to receive their freight if their customs bonds, issued by insurers, are not sufficiently funded.

Interesting

[bambino]

CNN JUST DESTROYED THE DEMOCRATS LIVE ON AIR! Admits Rent Prices & Mortgage Rates Are PLUMMETING to RECORD LOWS Under Trump 🔥🇺🇸 Democrats in SHAMBLES as Even Fake News Can't Hide the Wins! #MAGA #Trump2026

https://x.com/wellsjorda89710/status...093072031?s=42

Yeah, tariffs are going make prices go up!!!!


SNICK

[HDGristle]

Oh I can't wait for you to explain the logic on that one, Bam. Don't let Lusty or Waco do it for you. Your own words. Chop chop

I have a nice bottle and plenty of time

Are you aware of the estimates for tariff impacts on new home construction through 2030?