As a side note, although I'm not heavily invested in the stock market, I have the DJ ticker from markets insider on one of my computer screen. I am truly impressed at how fluid it is. Wish my mlb gameday cast refreshed this quick.
Here is what Trunk needs to do in an early deal…show in the deal that the 10% base tariff can also be removed by doing just that.
Old man with an old business plan... He thinks bringing back manufacturing is the right direction. But look at assembly lines in plants. They are mostly robots. And the number of robots doing the manual tasks will only be increasing as time goes on. Making semiconductors, robots, software, energy - that's the future. Bring the smart, high paying jobs home. Not the coal miner, auto worker, t-shirt factory sewers etc jobs. I know not everyone is college material or has the means but there are still plenty of good jobs out there. They won't pay as much but you can still make a good living as a plumber or electrician. Unions like his plan because yeah it gives them a small bump in members, but again robots will be doing the work in the future. They will/are fighting for their jobs to not be replaced by robots but winning that fight is only losing the war because not every country thinks like that. Make the best product, with the best materials the cheapest as possible. If you insist on making them by hand from Bubba in KY, then we are toast as a country. Stop looking at the past old man and start looking toward the future.
Funny coming from you. You literally have over 2 dacades of parrotting the republican party line documented on this board.
Here's the actual logic of Trump administration's tariff moves. What's your opinion on this? Chairman of the Council of Economic Advisers Stephen Miran on the Trump Administration’s Economic Agenda (Apr 7, 2025) https://www.hudson.org/events/chair...n-miran-trump-administrations-economic-agenda Snippets: First, the United States provides a security umbrella which has created the greatest era of peace mankind has ever known. Second, the US provides the dollar and Treasury securities reserve assets which make possible the global trading and financial system, which has supported the greater era of prosperity mankind has ever known. Both of these are costly to us to provide. ... In my view, to continue providing these twin global public goods, there needs to be improved burden sharing at the global level. If other nations want to benefit from the US geopolitical and financial umbrella, they need to pull their weight and pay their fair share. The costs cannot be solely borne by everyday Americans who’ve already given so much. The best outcome is one in which America continues to create global peace and prosperity and remain the reserve provider, and other countries not only participate in reaping these benefits, but they also participate in bearing the costs. By improving burden sharing, we can enhance resilience, preserve the global security and trading systems, remain the reserve provider for many decades into the future. ... What forms can that burden sharing take? There are many options. Here are a few ideas. First, other countries can accept tariffs on their exports to the United States without retaliation. Providing revenue to the US Treasury to finance global public goods provision. Critically retaliation will exacerbate rather than improve the distribution of burdens. That might make it even more difficult for us to finance global public goods. Second, they could stop unfair and harmful trading practices by opening their markets and buying more from America. Third, they could boost defense spending and procurement from the United States, buying more US-made goods, and taking the strain off our service members and creating jobs here. Fourth, they can invest in and install factories in America. They won’t face tariffs if they make their products in this country. Fifth, they could simply write checks to Treasury, that would help us finance global public goods as well. Tariffs deserve some extra attention. Most economists and some investors dismiss tariffs as counterproductive at best and devastatingly harmful at worst. They’re very wrong. ...
Putting the actual plan aside, feels like they grossly overestimated how insulting their roll out was.
Yea…the negative sentiment from all over the world really hurts in this equation and it feels like this administration not only doesn’t care but ignores it. They will feel it, though, as we all will coming up.
The level of entitlement and arrogance displayed by this administration handling the tariff issue is staggering. I don't believe that Louis XIV or Ramesses II would be this arrogant.
That's what everyone wants. If you consider Toyota, TSMC, or Iphone/Ipad production as the "right manufacturing," the US has none of that kind of capacity. BYD is making a run at dominating EVs, a tech Europe longs to adopt as the "right step" for climate change/ESG. Volkswagen moved all their factories to China. If general purpose robots are the next big thing in manufacturing, we are starting to lag behind a distant second. https://semianalysis.com/2025/03/11/america-is-missing-the-new-labor-economy-robotics-part-1/ The ai memes of maga bubba at a sweatshop are funny, but there are insanely smart people who are thinking three four steps ahead of the curve, and China has made it its existential priority to get gud at "all of them" in their 5,10,15 yr plans. From article: China Is Already Living In Another World Due to Chinese governmental investment and strategic declaration to accelerate robotics, the country has created incredible processes all while still under the usual rigid and fragile constraints of robotics systems. While still requiring perfectly structured environments and static tasks, China has implemented fully “lights-out” factories. Xiaomi’s “lights-out” factory operates round-the-clock producing one smartphone per second – with zero humans employed. This is not the only one either, China is able to achieve this level of automation without general purpose robotics, and the implications for their production capacity when general-purpose arrives cannot be understated. This is not a statement that the US is losing, this is to demonstrate an absurd difference in manufacturing proficiency. This has nothing to do with cheap Chinese labor, this is a manufacturing country with a robust industrial base that has now created one single machine that can produce goods entirely autonomously. General purpose robotics would make this indistinguishable from a living organism, with mobile robots constantly moving around and solving tasks to support and keep the organism alive and functional.
That Wall Street fellow is pretty smart. Stocks dive again as Wall Street realizes Trump has no idea what he's doing
China won’t budge in this trade war. Xi is not about to cave and he doesn’t have to worry about midterms. He rules with an iron fist and Chinese culture is far more prepared to deal with suffering than Americans (look no further than Covid). What leverage does Trump have? I can only think of Taiwan - meaning Trump could sell off US support to Taiwan in exchange economic considerations, whether it is tariff relief or for guaranteed supply of TSMC chips for decades. I can already see the social media post from trump - I just made the bestest deal in the history of deals. No more democracy for Taiwan, who cares. We save money from supporting Taiwan, get semiconductor chips and lower tariffs. If this means China grows stronger geopolitically and economically, well thats not my problem because that’s a problem for another president to deal with.
Trump is 78 and will be 82 when he runs for or engineers his third term... He's probably more worried about his legacy than immediate problems. Giving away Taiwan means we give away our eroding lead with AI and many other things. It seems like generally sensible people are feeling the hurt in their wallet and are looking for easy answers when China hasn't done anything to indicate they honor deals. Does Darrel Murray still lurk on Clutchfans?
We aren't sounding like a country ready to defend Taiwan. Hell I don't think Trump wants to defend them because he's terrified of great power conflicts between nucular states. I imagine Hegsdeth, who already sees double, would order four times the missile salvos on Signal at the first sign of trouble.
Here the thing. There was a time when a unskilled monotonous manufacturing labor job allowed you to own a home with a stay at home spouse, multiple children on one income. The problem isn't quality of jobs. Though sure, more quality jobs would be beneficial for people in my shoes with an engineering education and some experience. But in our society, people should be able to be financially secure without advanced professional skills A mundane retail or restaurant or fast food job is as unskilled as those factory labor jobs back in the 50s and 60s that allowed a financially secured life. The cost of living is the problem. Bringing back manufacturing jobs isn't going to bring back the average American with a high school education being financially stable. Until America solves the healthcare, housing and lack of labor organization crisis in America, none of this **** is going to improve quality of life of the average high school educated American laborer.
