This is a mobile optimized page that loads fast, if you want to load the real page, click this text.

Trump Era 2025-2029 : Stock and Economic Comment

Jump to new
Further details of the very strong rejection of the legality of Trumps Tariff decisions by the Federal International Trade Court. Who were the strongest cheerers for the outcome?

US federal court blocks Trump from imposing sweeping tariffs​

Ruling from court of international trade in New York comes after slew of lawsuits arguing president exceeded authority

....Financial markets, in contrast, cheered the ruling. The US dollar rallied following the court’s order, surging against currencies such as the euro, yen and the Swiss franc in particular. Wall Street futures rose and equities across Asia also rose.

Trump wins temporary reprieve as he fights against court block on tariffs

US president rails against judges who ruled against him as appeals court grants pause until challenge is heard
www.theguardian.com
 
I went through some youtubes of Trump being interviewed by the press, often hostile Democratic types, and I must admit while not going as far as @wayneL in labelling those who believe Trump is a moronic psychopath as suffering TDS, he did perform quite well.

His answers while at times being self serving and needlessly cruel towards the senile such as Biden were much more sensible than the latter's would have been. Trump is also a greedy rogue.

I have often wondered whether Biden did not have a brain tumour, it is now more likely with his stage 4 cancer of the prostate. Trump has a plan which requires everyone to acquiesce to his bidding and which he believes will benefit his country economically and socially. I believe should this happen that it is possible that Australia may now be able to do a deal on rare earths which will benefit us more than them.

At least the USA will be rid of those dreadful fascists in Antifa and the whinge brigade now that Trump is on their case.

gg
 
when I read the transcripts rather than hear his droning jawboning delivery, the content is more understandable, I found..
 
Finally some good news. No doubt The trumpet will come out swinging and swinging hard bad mouthing everyone who dared go against him.
Gee he might even have to re-dye his hair back to that golden glow.
 
We now await on the opening on Wally Street to see what the reaction is from today's Trade Court's findings against the Orange Haired One.
No doubt The Trumpet will be 'a huffing and 'a puffing and blowing hard with his horn.
 
Knobby22 said:
Tariffs are meant to go though Congress, Trump is exceeding his authority, we all knew that.
Interesting to see what happens next.
Click to expand...
At the moment I'm viewing this as a "technical" issue.

That is, the court hasn't said the tariffs can't be imposed, the issue is about the means of doing so which is an important distinction.

My thinking is we'll still see tariffs implemented. Probably some differences in the detail, but the ball's rolling, indeed it was starting to move even before Trump was elected the first time, so I very much doubt we've seen the end of the issue, most likely it's a pause and possible change in the detail.
 
Knobby22 said:
Heard the appeal is very unlikely to succeed.
Click to expand...
The tariff issue has a long way to play out,it wont be sorted out completely in Trump's term IMO.

But as I said earlier, the ball is rolling and it has brought the Chinese manufacturing monopoly onto the World agenda, so it will be a work in progress.

What gets put in place will be adapted as the manufacturing landscape changes, my guess is there will be a rationalisation of World manufacturing, hopefully to reduce duplication, inefficiencies and wastage.

Chance would be a fine thing. The U.S will be trying to work a scam, that leaves the U.S with the biggest piece of the pie, as usual.
 
Yea, true, which is why they can't get a deal.
 
Knobby22 said:
Yea, true, which is why they can't get a deal.
Click to expand...
It's very early days, Bessent has had only one face to face with China, my guess is it will take a lot of too and froing between the U.S and China, then if they come to an agreement, it will move on to the EU and U.K.

But the U.S / China one will be the difficult one, China doesn't want to stop eating the Wests lunch, but the U.S is their biggest customer by a long margin, so they are caught between a rock and a hard place also.

China is geared up to the max, to make and sell a lot of stuff, if the U.S and EU don't buy it, they can't just keep making it.
So it is in China's best interest to come to a compromise.

Interesting times and a sticky situation, the West elite's and multinationals have brought this on by exploiting cheap labour and now the obvious has happened, the rich have to devise plan B.
 
Yes a lot of billionaires made their money by transferring their manufacturing to China. Trouble is too many did it.
 
Knobby22 said:
Yes a lot of billionaires made their money by transferring their manufacturing to China. Trouble is too many did it.
Click to expand...
Just about every company and their directors have, add to that all the money made from outsourcing Government work eg Railways, Housing commissions, Electrical generation and distribution, education and training etc and a lot of money has been made all round.
 
Knobby22 said:
"I was disappointed to see the massive spending bill, frankly, which increases the budget deficit, not just decreases it, and undermines the work that the DOGE team is doing," Mr Musk said.


Mr Musk said.
Click to expand...
Interesting snippet today, regarding the lifting the debt ceiling.


Bessent declined to specify an “X date” — the point at which the Treasury runs out of cash and special accounting measures that allow it to stay within the debt ceiling and still make good on federal obligations on time.

“We don’t give out the ‘X date’ because we use that to move the bill forward,” Bessent said. Last month, Bessent told lawmakers that the US was likely to exhaust its borrowing authority by August if the debt ceiling isn’t raised or suspended by then.
 
If they can't do it one way they'll figure out another. They're more than determined to do it.
 
so ... back to the debt ceiling again

a perfect reason to start reducing the Federal head-count , but will they ?

Musk tried to weed out the excess ( for free ) now they can just go for political targets .. there of plenty of those AND he had already offered them buyouts
 
You must log in or register to reply here.

Similar threads

US Election 2024 : Stock and Economic Comment
7 8 9
Replies
174
Views
19K
qldfrog
April 2025 DDD
2 3
Replies
53
Views
10K
ducati916
Canada the Brave
2 3
Replies
55
Views
6K
mullokintyre
September 2025 DDD
2
Replies
30
Views
3K
ducati916
Market Crash 2025
9 10 11
Replies
200
Views
26K
mullokintyre
Menu
Log in
Register
Cookies are required to use this site. You must accept them to continue using the site. Learn more...