Mr. Pathological thinker has just come out with another deranged decision:
https://www.newsweek.com/trump-will-impose-50-tariff-eu-talks-break-down-2076307he
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https://tradingeconomics.com/united-states/stock-market
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Also a 25% on Apple unless they move to the US.
https://www.cnn.com/2025/05/23/economy/trump-threatens-tariff-apple
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https://tradingeconomics.com/aapl:us
1. 1 day
2. 1 year
3. 10 year
Previous threads:
Trump tables’ “Tariffs Charged to USA” not really that
17 responses |
Started by WxFollower - April 3, 2025, 2:54 p.m.
https://www.marketforum.com/forum/topic/110890/
Trump backs down
32 responses |
Started by metmike - April 9, 2025, 2:17 p.m.
Prior to that:
This was sent by Trump at 7:19AM:
I have long ago informed Tim Cook of Apple that I expect their iPhone’s that will be sold in the United States of America will be manufactured and built in the United States, not India, or anyplace else. If that is not the case,a Tariff of at least 25% must be paid by Apple to the U.S. Thank your for your attention to this matter!
https://truthsocial.com/@realDonaldTrump/posts/114556874484491575
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Apple Stock Falls After Trump Threatens Tariffs on Foreign-Made iPhones
Wedbush analyst Daniel Ives has estimated that making an iPhone in the U.S. would probably lead to a retail price of around $3,500 compared with around $1,000 currently, and it would take years to build the necessary production capacity.
https://www.barrons.com/articles/apple-stock-price-trump-tariffs-iphones-059710eb
This is what I've been saying about trading any market right now being unusually dangerous because of President Trump.
When he comes out with impulsive decisions based on his mood that day, the markets have extreme knee jerk reactions.
MAGA thinks this is all part of his brilliant, master plan. No matter what he does and how much it violates irrefutable principles that define relationships between the US and our trading partners.
However this turns out.........Trump will be a genius.
Never mind that he's destroying his credibility and embarrassing the US.
Canada and tariffs
Started by mcfarm - May 20, 2025, 11:03 a.m.
― Robert Ingersoll
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A good portion of the earlier losses for the day has been reversed on the major indices. Also, Apple is down 5 vs being down 8 earlier.
Thanks, Larry!
The markets have accepted this as the new normal!
This is the exact point I've been making about Trumps lack of ability to understand the principles of economics between rich and poor counties in the global economy which will ALWAYS feature a massive trade imbalance.
Even if Trump knows this is impossible and this is some sort of deranged negotiating tactic, the tactic itself is COUNTER productive.
Apple can't do what Trump is demanding without massive harm to itself AND to US consumers, so this would be like a young child banging his head against the wall every night for 2 months, unless Mommy lets him have candy only for supper every night instead of what she makes for him.
1. Having candy only for supper every night will HURT Baby Donny, so the demand is to get something harmful to him that will never happen because the adult in the room follows the responsible principles of parenting.
2. Finally, Baby Donny stops banging his head against the wall after 60 days, when Mommy agrees to give Baby Donny some candy after he eats his nutritious dinner and sees banging his head against the wall as a major negotiating victory.
3. Problem is that Baby Donny could have had that deal to begin with and now, he has permanent brain damage from banging his head against the wall for 60 days demanding candy only for dinner.
1 day charts
1. Stock market-almost recovered from the Trump news
2. Apple- trading near the lows
https://tradingeconomics.com/united-states/stock-market
Watching the Trump interview right now.
WOW!
He insists that Apple can make their electronics in the United States at the same cost of production they can anywhere else.
We KNOW that isn't even close to being true.
He's going to impose the same 25% tariff on all the other companies similar to Apple unless they move their production to the United States.
On an unrelated topic, he says that a large number of students at Harvard can't even do basic math which is proof they aren't getting an education there.
HUGH???
https://www.youtube.com/watch?v=8dzxGlcErUo
On the bright side, he's pushing hard to build nuclear power plants!
EXCELLENTO!
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Trump continues to do major damage for minimal to 0 gains.
His fairy tale, delusional interpretations included promising us in early April that the world's countries would be begging for deals with the United States because of his tariffs threats.
It's now been 52 days since Trump's fake "Liberation Day" tariffs were announced.
Where are all these great deals?
When a mediocre deal is made with the UK, MAGA cheered wildly "see we told you!"
The White House
https://www.whitehouse.gov/fact-sheets/2025/05/fact-sheet-u-s-uk-reach-historic-trade-deal/
The reciprocal tariff rate of 10%, as originally announced on Liberation Day, is in effect.
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The White House makes laughable press releases about Trump backing down as victories......that have to substitute for any substantive gains in the midst of all the impending damage from a blatantly ignorant understanding of the indisputable principles that define trade imbalances and manufacturing/production 101.
As he decimates his credibility around the world and damages many long lived strong relationships based on mutual respect in favor of taking bribes from other rich nations to establish new relationships based on corruption.
Truly, his leadership as the world's most powerful man is based on being an extreme bully that is driven by his delusions of grandeur mental illness thinking.
Winning the election last November, while being legit and certainly justifies pursuing the agenda that he promised us to get elected.
It does not entitle him to the galactic abuse of his power around the world which also includes in our faces corruption.
The White House
The White House, which has always been blatantly biased under previous administrations and a very poor source for objective facts in recent years, has taken it to a new, LOW level.
It's now the "Trump Propaganda House".
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Here's a fact based summary of the current Trump tariffs:
https://www.tradecomplianceresourcehub.com/2025/05/23/trump-2-0-tariff-tracker/
According to President Trump, “Tariff is the most beautiful word in the dictionary.” Throughout his presidential campaign, Trump promised to use tariffs as a central part of his foreign policy strategy. His America First Trade Policy memorandum also directs the administration to review various tariff- and tariff-adjacent levers the United States could use to further its new trade policy.
Reed Smith’s International Trade and National Security team tracks the latest threatened and implemented U.S. tariffs, as well as counter-tariffs from other countries around the world.
Stock index futures are up rather sharply this evening. Dow is +289.
Reason:
https://www.cnbc.com/amp/2025/05/25/trump-50percent-tariffs-eu-july-9.html
Thanks, Larry!
https://tradingeconomics.com/united-states/stock-market
Pick your time frame and draw the trend to see what you want!
1. 1 day-Black dot was the open earlier this evening.
2. 1 month
3. 1 year
4. 10 years
I have no idea where we are headed next! The market won't stay down on what is potentially bad news but there could be some really bad news ahead that can't be ignored.
The stock market is a self fulfilling prophesy market. If the composite man(in Wycoff terminology-everybody in the market) believes a market is going up..........by virtue of the buying because they believe that.........it does go up.
https://www.sciencedirect.com/topics/psychology/self-fulfilling-prophecy
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1 month below. Breaking out to the upside of a bull flag? Trump could do something to alter that.
https://tradingeconomics.com/united-states/stock-market
