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  • vikas83
    vikas83

  • vikas83
    vikas83

    Some quick thoughts on "Liberation Day," also known as "Liquidation Day." Obviously, these tariffs are way beyond anything the market expected. I think very little of Trump and the administration

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7 minutes ago, lynched1 said:

You should sell off now before it crashes. 

You won't trick me into that!

So much winning 

 

 

 

 

 

12 minutes ago, DaEagles4Life said:

 

 

I wonder who owns that ****head.

Good luck with that in the house.

It’s still wild to me that for four decades Republicans pushed for free trade agreements and then Trump came along and they were like, "actually this sucks.”

:lol: 

4 minutes ago, Dave Moss said:

It’s still wild to me that for four decades Republicans pushed for free trade agreements and then Trump came along and they were like, "actually this sucks.”

:lol: 

Trump is pushing for "free trade". I'm a fan. 

What tariffs are charged on US imports? 

Broadly speaking, imports face general tariffs, while special levies are applied to certain goods like machinery and transport equipment, chemicals, and materials. 

HMRC will also collect customs duties when goods enter the UK.

For example, under the classification of meat of bovine animals, fresh or chilled, a so-called 'third-country' like the US imports face a 12 per cent plus £147 levy for every 100kg of beef sold to the UK. An average cow would yield about 225 kilograms of beef, so that would add 12 per cent to the price plus £330.75.

Denim jeans – an iconic US export – face an 8 per cent import tariff as well as 20 per cent VAT.

The UK also imposes a 10 per cent levy on importing most types of cars – well short of Trump's 25 per cent tariffs.

53 minutes ago, Paul852 said:

Things are going to turn around, I can feel it

Dow futures fall 1,500 points Sunday as Trump tariff market rout escalates

yawn

1 hour ago, Dave Moss said:

Who do you think has the upper hand?

We do.

23 minutes ago, Dave Moss said:

It’s still wild to me that for four decades Republicans pushed for free trade agreements and then Trump came along and they were like, "actually this sucks.”

:lol: 

It's almost like it was never about the national debt, or fiscal policy, or "economic anxiety", and it was always about something else. 

 

 

18 minutes ago, Diehardfan said:

yawn

"Epic market collapse"

Yawn

:roll:

2 minutes ago, Paul852 said:

"Epic market collapse"

Yawn

:roll:

buy more

1 minute ago, greenskeeper said:

buy more

Buying on the way down isn’t a great plan

2 minutes ago, greenskeeper said:

buy more

Yeah, you guys said that 3000 points ago. I'm sure this next 3000 will be the end.

Just now, Dave Moss said:

Buying on the way down isn’t a great plan

you think the market is going to zero? It will never recover to another all-time high?

1 minute ago, Paul852 said:

Yeah, you guys said that 3000 points ago. I'm sure this next 3000 will be the end.

you think the market is going to zero? It will never recover to another all-time high?

Just now, greenskeeper said:

you think the market is going to zero? It will never recover to another all-time high?

I'm going to start buying when we get into the next Depression. Godspeed.

8 minutes ago, Paul852 said:

Yeah, you guys said that 3000 points ago. I'm sure this next 3000 will be the end.

Should have gone short 

3 minutes ago, Paul852 said:

I'm going to start buying when we get into the next Depression. Godspeed.

best of luck. hope you can time it correctly for maximum return. I am considering purchasing the remaining yearly max for my roth ira this month. 401k will remain a steady contribution with employer match since I need a paycheck for monthly bills.

8 minutes ago, greenskeeper said:

you think the market is going to zero? It will never recover to another all-time high?

I wouldn’t be surprised if stocks went down a lot more

1 minute ago, Diehardfan said:

Should have gone short 

Amen! Normally a safe bet with Republican administrations. Glad you realize that.

17 minutes ago, greenskeeper said:

best of luck. hope you can time it correctly for maximum return. I am considering purchasing the remaining yearly max for my roth ira this month. 401k will remain a steady contribution with employer match since I need a paycheck for monthly bills.

Yeah, I'll keep pouring money into my 401k . Otherwise I'll sit out for just a bit here.

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