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Re: News

Posted: Wed Apr 09, 2025 9:07 pm
by Ogee
*CHINA RAISES TARIFFS ON U.S. GOODS TO 84%

Re: News

Posted: Wed Apr 09, 2025 10:07 pm
by wojtek
boytoy wrote: Wed Apr 09, 2025 7:59 pm Suddenly America has strength again
I would say that it may lose its soft power quite quickly (which is
not measurable and does not translate into cash in an obvious way),
but that what's happening is a good thing - maybe Europe
will finally wake up and start working conceptually and
respecting its resources - e.g. scientists and specialists
in various fields who are eager to emigrate to the US.

Re: News

Posted: Thu Apr 10, 2025 3:26 am
by Ogee
🚨 NEW from @POTUS;


Re: News

Posted: Thu Apr 10, 2025 4:13 am
by mrtools
Ogee wrote: Thu Apr 10, 2025 3:26 am 🚨 NEW from @POTUS;


Screenshot 2025-04-09 182545.png


Screenshot 2025-04-09 183330.png
And it starts :)

Re: News

Posted: Thu Apr 10, 2025 3:17 pm
by boytoy
mrtools wrote: Thu Apr 10, 2025 4:13 am And it starts :)
USD strength? 🤔

Re: News

Posted: Thu Apr 10, 2025 7:33 pm
by Ogee
boytoy wrote: Thu Apr 10, 2025 3:17 pm USD strength? 🤔
Stocks rebound on the news Trump looks to be consolidating the trade tariffs onto China while easing off on the rest of the world.

USD needs to wait for the whipsawing in stocks to settle and an overall direction to be established before responding to the implications of a major US stocks correction or a new boost upward.

But there is still some ways to go before everything settles down, still plenty of scope for surprises in the tariff wars and there is more to be revealed of the bigger Trump plan.

Talk now of Trump wanting to relace income taxes with the new tariffs.

"TRUMP WANTS TO REPLACE INCOME TAX WITH TARIFFS—$13K PAY BOOST OR HIGHER PRICES?" ($13K on an income of $100,000).

No matter what, volatility will be high, big money will need to respond to change quickly.

So buckle up for a wild ride ahead in both indices (stocks) and the USD, or park up in gold.














Re: News

Posted: Fri Apr 11, 2025 6:28 pm
by Ogee
JUST IN - China raises tariffs on U.S. imports to 125%.


Re: News

Posted: Fri Apr 11, 2025 7:18 pm
by wojtek
Sky is the limit! ;)

Re: News

Posted: Fri Apr 11, 2025 7:22 pm
by ChuChu Rocket
Ogee wrote: Fri Apr 11, 2025 6:28 pm JUST IN - China raises tariffs on U.S. imports to 125%.
Key points here:
  • America imported $438.9bn in Chinese goods last year (just over 3% of China’s total gross domestic product (GDP).
  • The latest Trump tariffs would cause China’s GDP to drop by as much as 2.4%.
  • In 2018, when Trump launched his first trade war against China, Beijing’s official GDP growth figure was 6.6%. It's currently 5.2%.
What I'd like to know is how China's 125% tarrif would effect USA? Does this mean Alibaba, TEMU and Amazon will be affected for American's? I can't find a straight answer so far 🤨

Re: News

Posted: Fri Apr 11, 2025 7:39 pm
by Ogee
USD breaks the high of 2024 and 2023;













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