Down almost 700 now ...
Dow is -563 now per CNBC ...
Nope, turns out a lot of MAGA underestimated Donny when they followed up those kinds of thoughts with "He can't be that stupid, right?"
"Prolifers" too, right?
I posted this in the wrong thread ...
What's the example Trump set? Slapping tariffs down for no obvious reason just to be jerks?
Here's what I know ... 50+ posts ago I said something wrong. I said it wouldn't hurt China "at all" instead of saying it would hurt us "far, far...
Dude, for the third time, I've admitted you are right on that point. I shouldn't have been so absolute. WTH is going on here?
Cool chart shows China trade balance long term ... It had actually been in decline a few years, until Trump's initial tariffs in 2018 ... then it...
Found this chart of Chinese Worldwide exports for the last 10 years. Can someone point to where Trump's 2018 tarrifs Hurt China? Doc already...
Doesn't that make my point, though? The US starts a trade war and it costs us more? China probably came out ahead, shifting their AG business to...
I said it would hurt them more than it hurts us. I already agreed you were right that I shouldn't have been so absolute about my statements in...
Huh? I think you got it backwards. You asked me why Canada would hurt themselves with tarriffs on IMPORTS. So in that case, they are not the...
Their tariffs probably will hurt them more than it hurts us, but they can't just smile and take it. This is just dick wagging, and retaliatory...
Trump literally stated in his tweet that this was because the US has a bad trade deal with Canada and Mexico (a deal he negotiated, BTW).
But the part you are leaving out is that the demand curve would only change in America where the tariffs are. If China loses 5% of their sales in...
That's why I laid it out that way. I said the "tarriffs themselves" don't hurt China because China or Chinese companies don't pay them. If the...
That's a fair point that I didn't consider. But this is how I see it ... if we put a 20% tarriff on something like in your chart, with low...
But how would what you highlighted there hurt the seller? If they are charging 1% more, and selling less than 1% fewer products, wouldn’t they be...
According to Google, values between 0 and 1 are considered “inelastic”.. Value range: A price elasticity of demand value between 0 and 1 is...
