Will trump relent?

[berg80]

Goldman Sachs sees Trump tariffs spiking inflation, stunting growth and raising recession risks

With decision day looming this week for President Donald Trump’s latest round of tariffs, Goldman Sachs expects aggressive duties from the White House to raise inflation and unemployment and drag economic growth to a near-standstill.

The investment bank now expects that tariff rates will jump 15 percentage points, its previous “risk-case” scenario that now appears more likely when Trump announces reciprocal tariffs on Wednesday. However, Goldman did note that product and country exclusions eventually will pull that increase down to 9 percentage points.

When the new trade moves are enacted, the Goldman economic team led by head of global investment research Jan Hatzius sees a broad, negative impact on the economy.

In a note published on Sunday, the firm said “we continue to believe the risk from April 2 tariffs is greater than many market participants have previously assumed.”
https://www.cnbc.com/2025/03/30/tar...-and-raise-recession-risks-goldman-says-.html

Which will prevail? trump's flat earth views on the efficacy of tariffs or their real world affects? The country, indeed the world, is an economic hostage to an imbecile's love affair with the kind of destructive trade policy that once lead to a depression. Our trading partners are reeling, so too is the stock market, in the face of trump's stubborn belief his ability to alter reality in the minds of his following translates to an ability to alter financial reality. He's wrong, yet no one in his inner circle has the courage to tell him.

 

[Mac1958]

Goldman Sachs sees Trump tariffs spiking inflation, stunting growth and raising recession risks

With decision day looming this week for President Donald Trump’s latest round of tariffs, Goldman Sachs expects aggressive duties from the White House to raise inflation and unemployment and drag economic growth to a near-standstill.

The investment bank now expects that tariff rates will jump 15 percentage points, its previous “risk-case” scenario that now appears more likely when Trump announces reciprocal tariffs on Wednesday. However, Goldman did note that product and country exclusions eventually will pull that increase down to 9 percentage points.

When the new trade moves are enacted, the Goldman economic team led by head of global investment research Jan Hatzius sees a broad, negative impact on the economy.

In a note published on Sunday, the firm said “we continue to believe the risk from April 2 tariffs is greater than many market participants have previously assumed.”
https://www.cnbc.com/2025/03/30/tar...-and-raise-recession-risks-goldman-says-.html

Which will prevail? trump's flat earth views on the efficacy of tariffs or their real world affects? The country, indeed the world, is an economic hostage to an imbecile's love affair with the kind of destructive trade policy that once lead to a depression. Our trading partners are reeling, so too is the stock market, in the face of trump's stubborn belief his ability to alter reality in the minds of his following translates to an ability to alter financial reality. He's wrong, yet no one in his inner circle has the courage to tell him.

Yeah, this is pretty freakin' fascinating to watch. He's always been about ratings and the stock market numbers and the GDP numbers, and everything he is doing is flying right in the face of all that -- at least for now.

So someone has him convinced that doing all of this as quickly as possible will produce a quick enough recovery that it will all be worth it. And he's too far down this road to do a U-turn now.

But who knows. The markets are scared and all over the place, and a lot of investors are waiting until after Wednesday to act. He could blink and do an about face, and no one one would be shocked, since he's done so many.

 

[The Duke]

Repost

Goldman Sachs sees Trump tariffs spiking inflation, stunting growth and raising recession risks

With decision day looming this week for President Donald Trump’s latest round of tariffs, Goldman Sachs expects aggressive duties from the White House to raise inflation and unemployment and drag economic growth to a near-standstill.

The investment bank now expects that tariff rates will jump 15 percentage points, its previous “risk-case” scenario that now appears more likely when Trump announces reciprocal tariffs on Wednesday. However, Goldman did note that product and country exclusions eventually will pull that increase down to 9 percentage points.

When the new trade moves are enacted, the Goldman economic team led by head of global investment research Jan Hatzius sees a broad, negative impact on the economy.

In a note published on Sunday, the firm said “we continue to believe the risk from April 2 tariffs is greater than many market participants have previously assumed.”
https://www.cnbc.com/2025/03/30/tar...-and-raise-recession-risks-goldman-says-.html

Which will prevail? trump's flat earth views on the efficacy of tariffs or their real world affects? The country, indeed the world, is an economic hostage to an imbecile's love affair with the kind of destructive trade policy that once lead to a depression. Our trading partners are reeling, so too is the stock market, in the face of trump's stubborn belief his ability to alter reality in the minds of his following translates to an ability to alter financial reality. He's wrong, yet no one in his inner circle has the courage to tell him.

Nope! This has been in the pipe for years and he's put a lot of thought into it.

 

[berg80]

U.S. President Donald Trump said on Sunday that reciprocal tariffs he is set to announce this week will include all nations, not just a smaller group of 10 to 15 countries with the biggest trade imbalances.

Trump has promised to unveil a massive tariff plan on Wednesday, which he has dubbed “Liberation Day.” He has already imposed tariffs on aluminum, steel and autos, along with increased tariffs on all goods from China.

“You’d start with all countries,” he told reporters aboard Air Force One. “Essentially all of the countries that we’re talking about.”
https://www.cnbc.com/2025/03/31/trump-reciprocal-tariffs-will-target-all-countries.html

If you are invested in the stock market "liberation day" equates to liberating you from some of your wealth.

 

[berg80]

This has been in the pipe for years and he's put a lot of thought into it.

That's the frightening part.

Trump suggests 'injection' of disinfectant to beat coronavirus and 'clean' the lungs​

Trump suggests 'injection' of disinfectant to beat coronavirus and 'clean' the lungs

A Homeland Security official, under questioning from reporters, later said federal laboratories are not considering such a treatment option.

www.nbcnews.com

 

[shockedcanadian]

I think Canadian officials like that Lutnik is the head of this, he seems easy to persuade.

Trumps flip flopping on tariffs has probably hurt his negotiations with Russia and others. If a leader doesn't seem committed, his word not reliable, or, those inside his administration seem easy to manipulate his effectiveness will be fleeting. Notice how many times the media repeats the same questions to him "are these tariffs are for, definitely going forward April 2nd"?

They want to weaken his resolve and have his supporters lose faith in him. "He says one thing but does another" etc

Japan and Korea didn't believe he would bend so they started to invest in the U.S auto industry. I was never convinced he could stick to his guns but I've been wrong before. He sometimes seems so committed that I think "yeah he is going to stay the course".

It takes courageous leadership to try and bring back so many lost industries. It would almost certainly force the Democrats back to the middle if he did succeed also. If America doesn't succeed it is only a matter of time before China replaces America. Many are betting that China will win because politicians are bought and sold so easily. With all the excess spending and weak Western leadership, I wouldn't ever count China out.

 

[Billiejeens]

Goldman Sachs sees Trump tariffs spiking inflation, stunting growth and raising recession risks

With decision day looming this week for President Donald Trump’s latest round of tariffs, Goldman Sachs expects aggressive duties from the White House to raise inflation and unemployment and drag economic growth to a near-standstill.

The investment bank now expects that tariff rates will jump 15 percentage points, its previous “risk-case” scenario that now appears more likely when Trump announces reciprocal tariffs on Wednesday. However, Goldman did note that product and country exclusions eventually will pull that increase down to 9 percentage points.

When the new trade moves are enacted, the Goldman economic team led by head of global investment research Jan Hatzius sees a broad, negative impact on the economy.

In a note published on Sunday, the firm said “we continue to believe the risk from April 2 tariffs is greater than many market participants have previously assumed.”
https://www.cnbc.com/2025/03/30/tar...-and-raise-recession-risks-goldman-says-.html

Which will prevail? trump's flat earth views on the efficacy of tariffs or their real world affects? The country, indeed the world, is an economic hostage to an imbecile's love affair with the kind of destructive trade policy that once lead to a depression. Our trading partners are reeling, so too is the stock market, in the face of trump's stubborn belief his ability to alter reality in the minds of his following translates to an ability to alter financial reality. He's wrong, yet no one in his inner circle has the courage to tell him.

Short term pain
Long term gain.

 

[Billiejeens]

I think Canadian officials like that Lutnik is the head of this, he seems easy to persuade.

Trumps flip flopping on tariffs has probably hurt his negotiations with Russia and others. If a leader doesn't seem committed, his word not reliable, or, those inside his administration seem easy to manipulate his effectiveness will be fleeting. Notice how many times the media repeats the same questions to him "are these tariffs are for, definitely going forward April 2nd"?

They want to weaken his resolve and have his supporters lose faith in him. "He says one thing but does another" etc

Japan and Korea didn't believe he would bend so they started to invest in the U.S auto industry. I was never convinced he could stick to his guns but I've been wrong before. He sometimes seems so committed that I think "yeah he is going to stay the course".

It takes courageous leadership to try and bring back so many lost industries. If America doesn't succeed it is only a matter of time before China replaces America. Many are betting that China will win because politicians are bought and sold so easily. With all the excess spending and weak Western leadership, I wouldn't ever count China out.

He doesn't flip-flop

He negotiates.

 

[SeaMajor7]

Goldman Sachs sees Trump tariffs spiking inflation, stunting growth and raising recession risks

With decision day looming this week for President Donald Trump’s latest round of tariffs, Goldman Sachs expects aggressive duties from the White House to raise inflation and unemployment and drag economic growth to a near-standstill.

The investment bank now expects that tariff rates will jump 15 percentage points, its previous “risk-case” scenario that now appears more likely when Trump announces reciprocal tariffs on Wednesday. However, Goldman did note that product and country exclusions eventually will pull that increase down to 9 percentage points.

When the new trade moves are enacted, the Goldman economic team led by head of global investment research Jan Hatzius sees a broad, negative impact on the economy.

In a note published on Sunday, the firm said “we continue to believe the risk from April 2 tariffs is greater than many market participants have previously assumed.”
https://www.cnbc.com/2025/03/30/tar...-and-raise-recession-risks-goldman-says-.html

Which will prevail? trump's flat earth views on the efficacy of tariffs or their real world affects? The country, indeed the world, is an economic hostage to an imbecile's love affair with the kind of destructive trade policy that once lead to a depression. Our trading partners are reeling, so too is the stock market, in the face of trump's stubborn belief his ability to alter reality in the minds of his following translates to an ability to alter financial reality. He's wrong, yet no one in his inner circle has the courage to tell him.

 

[shockedcanadian]

He doesn't flip-flop

He negotiates.

His negotiation needs to bring jobs and industries back to America NOT just have easier access to foreign markets. That's the challenge.

America is living on debt alone and it will only be addressed if you have people working in larger numbers, everyone from government on down relies less on debt. Canada is already in this boat which is why they are so concerned about Trump tariffs, we are a much weaker economy thanks to the Police State.

Americas output cannot keep pace with your deficit thanks to the theft and loss of industries. Western leaders sold out their nations to reward their donors.

It took 205 years for the U.S to hit $1T in debt in 1981, now look. It's theft.

 

[Zafira Cherry]

Goldman Sachs sees Trump tariffs spiking inflation, stunting growth and raising recession risks

With decision day looming this week for President Donald Trump’s latest round of tariffs, Goldman Sachs expects aggressive duties from the White House to raise inflation and unemployment and drag economic growth to a near-standstill.

The investment bank now expects that tariff rates will jump 15 percentage points, its previous “risk-case” scenario that now appears more likely when Trump announces reciprocal tariffs on Wednesday. However, Goldman did note that product and country exclusions eventually will pull that increase down to 9 percentage points.

When the new trade moves are enacted, the Goldman economic team led by head of global investment research Jan Hatzius sees a broad, negative impact on the economy.

In a note published on Sunday, the firm said “we continue to believe the risk from April 2 tariffs is greater than many market participants have previously assumed.”
https://www.cnbc.com/2025/03/30/tar...-and-raise-recession-risks-goldman-says-.html

Which will prevail? trump's flat earth views on the efficacy of tariffs or their real world affects? The country, indeed the world, is an economic hostage to an imbecile's love affair with the kind of destructive trade policy that once lead to a depression. Our trading partners are reeling, so too is the stock market, in the face of trump's stubborn belief his ability to alter reality in the minds of his following translates to an ability to alter financial reality. He's wrong, yet no one in his inner circle has the courage to tell him.

Trump, if you read this, I say "GO FOR IT" Put the final nail in the MAGA coffin.

almost 3 months into this SHIT SHOW, the train has left the tracks.

 

[Billiejeens]

His negotiation needs to bring jobs and industries back to America NOT just have easier access to foreign markets. That's the challenge.

America is living on debt alone and it will only be addressed if you have people working in larger numbers, everyone from government on down relies less on debt. Canada is already in this boat which is why they are so concerned about Trump tariffs, we are a much weaker economy thanks to the Police State.

You have accurately described the plan.

 

[NewsVine_Mariyam]

Goldman Sachs sees Trump tariffs spiking inflation, stunting growth and raising recession risks

With decision day looming this week for President Donald Trump’s latest round of tariffs, Goldman Sachs expects aggressive duties from the White House to raise inflation and unemployment and drag economic growth to a near-standstill.

The investment bank now expects that tariff rates will jump 15 percentage points, its previous “risk-case” scenario that now appears more likely when Trump announces reciprocal tariffs on Wednesday. However, Goldman did note that product and country exclusions eventually will pull that increase down to 9 percentage points.

When the new trade moves are enacted, the Goldman economic team led by head of global investment research Jan Hatzius sees a broad, negative impact on the economy.

In a note published on Sunday, the firm said “we continue to believe the risk from April 2 tariffs is greater than many market participants have previously assumed.”
https://www.cnbc.com/2025/03/30/tar...-and-raise-recession-risks-goldman-says-.html

Which will prevail? trump's flat earth views on the efficacy of tariffs or their real world affects? The country, indeed the world, is an economic hostage to an imbecile's love affair with the kind of destructive trade policy that once lead to a depression. Our trading partners are reeling, so too is the stock market, in the face of trump's stubborn belief his ability to alter reality in the minds of his following translates to an ability to alter financial reality. He's wrong, yet no one in his inner circle has the courage to tell him.

Of course he will because "he's the RETRACTOR!" (starts at 28 secs - I swear I cannot see the words "Trump" & "tariffs" without hearing Barry Kripke's voice)

 

[berg80]

Yeah, this is pretty freakin' fascinating to watch. He's always been about ratings and the stock market numbers and the GDP numbers, and everything he is doing is flying right in the face of all that -- at least for now.

So someone has him convinced that doing all of this as quickly as possible will produce a quick enough recovery that it will all be worth it. And he's too far down this road to do a U-turn now.

But who knows. The markets are scared and all over the place, and a lot of investors are waiting until after Wednesday to act. He could blink and do an about face, and no one one would be shocked, since he's done so many.

As a market analyst I follow said on Friday, he could cause a massive stock rally with a single social media post. The demands of his insatiable ego causes him to lust after that kind of control.

Imagine, a financial moron propped up by his dad's wealth, someone who drove a casino, of all things, in to the ground, has his finger of the button of the global economy. All the while holding to the economically equivalent belief that smoking is good for you.

 

[berg80]

His negotiation needs to bring jobs and industries back to America NOT just have easier access to foreign markets. That's the challenge.

America is living on debt alone and it will only be addressed if you have people working in larger numbers, everyone from government on down relies less on debt. Canada is already in this boat which is why they are so concerned about Trump tariffs, we are a much weaker economy thanks to the Police State.

Americas output cannot keep pace with your deficit thanks to the theft and loss of industries. Western leaders sold out their nations to reward their donors.

It took 205 years for the U.S to hit $1T in debt in 1981, now look. It's theft.

https://finance.yahoo.com/quote/SPY...pZ0RldkV2ZW50cyI6W119LCJwcmVmZXJlbmNlcyI6e319

 

[shockedcanadian]

You have accurately described the plan.

His plan is not believable because he has changed course too many times. I can tell that Canadas strategy is to just hold out until Trump gives in.

I'm sure Canada isn't alone.

If U.S becomes near default your bond rates are going to skyrocket while the socialists lick their lips over the prospect of taking over and spending the U.S into hyper inflation.

U.S MUST bring back industries, jobs, revenue while protecting civil liberties. Trumps circle are probably telling him great stories to make him change back to a more "traditional" conservative economic policy (i.e allow outsourcing of jobs and big spending on military)

 

[berg80]

https://finance.yahoo.com/quote/SPY...pZ0RldkV2ZW50cyI6W119LCJwcmVmZXJlbmNlcyI6e319

Once the markets came to the realization tariffs were not a negotiating tool but rather economic policy the selling began in earnest.

 

[berg80]

The Dow futures are down 325 points after the Dow falling 720 on Friday as "liberation day" approaches.

 

[BluesLegend]

Why do Dems want to let other countries continue to steal our jobs, industries, screws us over on trade? With friends like Democrats who needs enemies.

 

[Mac1958]

As a market analyst I follow said on Friday, he could cause a massive stock rally with a single social media post. The demands of his insatiable ego causes him to lust after that kind of control.

Imagine, a financial moron propped up by his dad's wealth, someone who drove a casino, of all things, in to the ground, has his finger of the button of the global economy. All the while holding to the economically equivalent belief that smoking is good for you.

He's been fixated on tariffs since the 80's and he's essentially ignorant on macroeconomics outside of that.

I suspect he found an "advisor" who's backing him on the tariff thing, and I think it's Lutnick.