The Trump stock market crash: Dow drops 1,500 points, S&P 500 loses 4% as stock market rout on Trump's tariffs worsens

Earl said:
He is concerned about the trade imbalance and is taking action to even the playing field which will help all Americans.

The turnip did nothing.

He's effectively closed the turnip's open border which will help prevent illegals from raping children, women and murdering Americans.

Of course the far left loons are opposing the deportation of these illegal barbarians.
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He's crashing the stock market and proving America is a unreliable trading partner.

Post-COVID our economy was the envy of the world, and even Europeans would tell you that.
 
Cypress said:

Dow drops 1,500 points, S&P 500 loses 4% as stock market rout on Trump's tariffs worsens: Live updates​


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It has essentially retraced 50% of the October 2022 low. Horror of of horrors. Do you think it will go back up at some point in the near future? I see this is as somewhat of a buying opportunity. This is screaming oversold right now.

Buy when others are fearful and sell when everyone is brave
 
Congress has to act now to save this economy.

That's their job. They're supposed to be a check on the executive branch - and right now, the executive branch is running wild with a reckless policy that is based on half-baked logic and exaggerations, and a complete lack of understanding about the nature of trade deficits.

We've lost $6 trillion. If this continues and Congress does nothing, voters will have an opportunity to make a change in about a year and a half.
 
Phantasmal said:
China has been preparing for this, not only preparing, but is moving in to take over a lot of what the USA is abandoning. Their economy is on the mend and they are strengthening trade agreements with our one time allies.

These tariff will really hurt us. Countries are moving to other markets. Brazil, S. Korea and other nations are stepping up. It’s where we were getting cheap eggs, till Trump put a tariff on them.
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Agreed. Trump is creating a vacuum in global trade and China is more than happy to fill in the gap.

JD spoke against global trade in his attack on China and China is laughing at his ignorance.

Vance argued the first conceit of globalization — describing the interdependence of the world’s economies and services — was the assumption the U.S. would be able to separate the manufacturing of products from their design process.
 
I do love it so when LWers cheer any bad news for America when their party is out of power while at the same time downplaying any good news . I LOVE it,...I really do. By the 4th of July they will be in total panic mode and doing their absolute best to down play what will be going on by then and literally down on their KNEES praying for bad news of any kind. Its actually fun to watch,.....really shows how absolutely correct we are about who they are as people. Pure shit,...always have been,...always will be.
 
gfm7175 said:
No, I don't agree to that. I don't know what will come next, therefore idk if Trump will be responsible for it or not.
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So trump is only responsible if it is a success?

I am a responsible adult, so I take responsibility for my actions before I know what they caused. That way, I get the full credit, or blame. It appears you only want credit, so want to wait until after you see how trump's decisions did.
 
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