The market is getting crushed after hours right now. Apple down over $12. My portfolio and yours is being wrecked by this wacko.
Trump Sinking the Market with Tariffs
- Thread starter cernjSHU
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This is the worst case scenario with tariffs. The market did not expect this. The instability of this combined with layoffs are going to knock the economy off its bearing for no reason at all. This is a huge self inflicted wound to the economy which was just settling back. It’s pretty ugly.
Preliminary jobs report for March is positive with more manufacturing jobs being added. Unemployment expected to hold steady low at 4.1%.
The tariff talk is creating angst as companies are trying to forecast and it’s uncertainty. I’m on the board of a company that sources product in China, Mexico and other foreign markets. Taking a lot of management time to predict where the puck is going. Interesting that one of their Chinese suppliers have agreed to eat the tariff on their end. I expect some industries will do well and some will suffer over the next few months.
I don’t get wrapped up in the daily swings in the stock market. Over time the market always adjusts and it’s done fine by me. Plus, tariffs, or something that can be reversed quickly if the strategy is not working.
The tariff talk is creating angst as companies are trying to forecast and it’s uncertainty. I’m on the board of a company that sources product in China, Mexico and other foreign markets. Taking a lot of management time to predict where the puck is going. Interesting that one of their Chinese suppliers have agreed to eat the tariff on their end. I expect some industries will do well and some will suffer over the next few months.
I don’t get wrapped up in the daily swings in the stock market. Over time the market always adjusts and it’s done fine by me. Plus, tariffs, or something that can be reversed quickly if the strategy is not working.
Tariffs will increase inflation and will cause a recession. Unemployment is a lagging indicator.
The market expected the tariffs to be much lower and not as far reaching so this level of tariffs was not priced in.
I lean conservative (a real one - not a so called Trump conservative). The Biden economy the first three years and inflation was bad. With that said last year (Bidens last year) the economy was very strong. Trump inherited a very strong economy and he's Fing it up in a huge way with his tariffs and job cuts. He has to remember why he was elected. He's not doing well so far and this could get far worse. Tariffs are just another tax that will raise prices and the problem is the government then begins to rely on the revenue tariffs produce and its hard to scale them back after time. He is trying to pay for his tax cuts and bring more manufacturing here but he's destroying a lot of relationships in the process and hurting the US and global economy. The tariffs are much more significant than what was priced into the market. Today over $2trillion in market value vanished for all the wrong reasons. Ouch!
And its not over because other countries will retaliate and then Trump will likely retaliate some more. It should have been targeted to the worst offenders like China and some other countries. And the bogus reason for adding 25% to Canada's tariffs (Fentanyl) is insanity. Its not coming from the Northern border and Canada pays higher tariffs per capita on US goods than US citizens pay on Canadian goods by about a $1200 to $400 per capita difference from some of the estimates I've seen.
When does the winning start?
This whole reciprocal tariffs is a total sham by Trump. The chart Trump put out and his statements were that the countries were imposing the percentage of tariffs on the chart. In reality,those percentages have nothing to do with the per engage of tariffs the country imposes on goods Importes from the US.. it is the percentage of the trade differential between the two countries. He then divides that figure to get the percentage of tariffs that the US will impose on goods from that country. This is not reciprocal, this is pure nonsense. He lies and his minions continue to lie on his behalf.
If it didn't expect this, then why did it sell off ~8% over the last six weeks (prior to today) since tariffs hit the news?
Reliable signals that indicate recession is coming have already been flashing for the last 6-12 months. It will happen, it's already baked in. It will reveal itself through the lagging indicators and the Fed is far too late. Should have started cutting rates far earlier and should still be cutting instead of holding steady. The tariffs are just a distraction and low hanging fruit for the politicians to blame Trump when it does happen.
There was no recession coming until this idiotic move with tariffs. How you people attempt to justify idiotic policy knows no bounds. The market anticipated tariffs but did not expect the punishing tariff rates and the broad scope of them. This is reckless but this is what you get with Trump. The loss that this caused is horrendous and we have not yet seen the retaliatory tariffs from the world. He fundamentally does not understand Trade and the economy. How many people who are retiring or near retirement are getting butchered for no reason at all? For you to say that tariffs are a distraction is incomprehensible.
You are going to blame the fed for a recession and not Trump? Just laughable.
If the Fed is looking to prevent a recession, it should have been cutting rates for far longer than it has. My personal opinion is that we need a recession.
We need a recession? That’s the craziest stance I have ever heard. Please do explain why you believe this?
I explained it a few weeks ago in response to one of your posts. We are in the biggest bubble of all time. 26% total aggregate inflation since January 2020. Over five years, that number should normally be around 10-11%, so we've more than doubled it. It is really hurting average people. Combine that with the excess greed we've seen from companies during the same time. Many have used the real excuse of inflation to tack on even more than necessary to their profit margins.
We cannot continue to rely on excessive government spending to prop up the economy, which has many negative effects long term. Here is some of what I said in that post, as just a few examples:
It's not normal to pay $50,000 for an average car. It's not normal to pay $750,000 for a home that's really worth half that. It's not normal to pay $60 for parking at a sporting event. It's not normal to pay $7 for ice cream at the grocery store. It's not normal to pay $100 for a sweater. It's not normal to pay $600 for a domestic airline ticket.
We need a hard reset to get this economy back to normal pricing, normal supply & demand, and far less reliance on government stimulus. The government has been excessive propping this up since the 2008 recession.
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This is all a scam done by Trump.
I am fully invested in the market. No cash. But this could devastate the economy for years if this lunacy continues. Also, I do t have the time to make up the massive loss that I have experienced in three months. Down 20% since Trump took office and these tariffs kill my holdings. There is no defending lying to the country that these are reciprocal tariffs. There is no way to have manufacturing to come back sooner than 3-5 years and even then, it would be factories done not with humans but AI and robots.
This is all a scam done by Trump.
Well, 30 days ago might've been the time to sell off some positions and reinvest now. It's not like everyone didn't see this dip coming. If you're broker/financial planner, didn't discuss that with you, you might think about changing up your relationships.
You're correct that these are not reciprocal tariffs, because they're only $.50 on the dollar, for the most part, on what the other country is charging us.
Pretty wild to read that a man who, I assume is somewhat or fairly close to retirement, was fully invested in a market at all-time highs just a couple months ago, with zero cash on hand. I would seriously question the financial advice I'm getting if I were in that situation. It's like begging to be whacked.
or put extra money in emergency fund.
am i mistaken or are most stocks still up from the last 12 months?
You obviously don’t know anything about the tariffs or was hoodwinked by Trump. Europe does not charge 39% tariffs. Those figures on those charts are all lies. The percentages are the trade deficit between the two countries. Has nothing to do with tariffs. So if Vietnam exports 100 billion to US and US exports only 10 billion to US that is a trade difference of 90%. Trump then half’s that amount ti get to the US tariff impose. It’s all bullshit and you buy this buffoon hook line and sinker. https://www.cnbc.com/2025/04/03/how-did-the-us-arrive-at-its-tariff-figures-.html
And isn’t just like a POS to suggest that it is the investors fault for not selling and not Trump for purposely sacking the market. I am so happy that you had the vision to sell off your stock to buy this dip. Good for you. If you did indeed do that who knows. But most Americans did not. And they are suffering for no reason whatsoever except for this idiot. Next time, perhaps have some compassion for your fellow human beings. You don’t know what position they are in in life. As I fight for my life against stage 4 pancreatic cancer, I certainly don’t need a moron telling me it’s my fault for not being Warren Buffet and timing the market perfectly.
Sorry, I expect rational behavior and policies from politicians. And when Trump promised reciprocal tariffs, that is what you expect. They charge a 5% tariff, then we charge them. But that’s not what he did. He lied once again to the American public. He is charging tariffs not based anything on what other countries charge us. Get that through your head.
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I always suspected u to be a POS but you certainly confirmed it with this post. People like you will never blame Trump for losing ,money. Oh. It’s the investor. It’s because u were reckless with your investments. I have lost money not due to markets but to Trumps idiotice policíes and lies about that policy. Perhaps you and ur UConn friend should date. The two of you seem very similar. I am sure you have a lot in common.
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Obviously. Of course, I'm not the guy calling people POS's. So, here's a tell in life. Generally, the guy having a tantrum has the losing argument. Just saying.
Have a great day though
I called you out that you don’t know anything about the tariffs, gave u proof that you were wrong and you ignored it. Now you want to be a little bitch about it because I called u exactly what you are.
I was told for 4 years I won't see the benefit of Biden for another 5 or 6 years. But we're supposed to see the benefit of Trump in 3 months? I'm going to look for the benefits of the tariffs down the road. I mean I bought Rivian at $100 and things were going to skyrocket under Biden. When he left office it was down to $15. Oh wait that was you. Funny you could handle that loss, but not a loss under Trump.
Another douchebag on this site. I have no problem when a loss comes due to the market. I am sure you would trade places with my portfolio in a minute despite my loss. Yes, I can’t pick all winners.
But as you people like to deflect from the real issue is that Trump has not imposed reciprocal tariffs it’s a lie. This is self inflicted crash. But keep fooling yourself.
Relax chief. You’ll see the benefits of Trump in 7 years. Right now everything is transitory.
You're right. I probably would trade places with your portfolio. If I had your portfolio Seton Hall would have a better team. I'd be using my portfolio to help Sha succeed instead of bragging about it on a message board.
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couldnt both people be right? perhaps a bit of cash on hand, invested more in bonds etc at the time of retirement is a more sound plan, but its very clear trump has never understood tariffs. Chaos is not a great thing.
The tariff policy is economic warfare and completely over the top. It needed to be targeted. And American companies need to produce goods that more people want. Competition helps the trade imbalance. The car companies for instance have lost the competition for years and Americans choose cars they want. This will lessen competition.
The biggest issue is the powers of the Presidency. We have now allowed Presidents way too much power. One man or woman can tank our economy because they have way too much power. There is supposed to be separation of powers and we’ve watched the last few Presidents dictate policy as the Senate and Congress sit idle.
Trumps Doge and tariff policies are incredible over reach. That is the real issue. It’s too much power and a lot of it is most likely unconstitutional. Hoping someone stands up in Congress. Senate has tried lead by folks like Rand Paul but everyone is afraid they will lose their cushy positions in Congress so Congress just hopes his crazy tariffs will work. It’s now a Constitutional issue.
The biggest issue is the powers of the Presidency. We have now allowed Presidents way too much power. One man or woman can tank our economy because they have way too much power. There is supposed to be separation of powers and we’ve watched the last few Presidents dictate policy as the Senate and Congress sit idle.
Trumps Doge and tariff policies are incredible over reach. That is the real issue. It’s too much power and a lot of it is most likely unconstitutional. Hoping someone stands up in Congress. Senate has tried lead by folks like Rand Paul but everyone is afraid they will lose their cushy positions in Congress so Congress just hopes his crazy tariffs will work. It’s now a Constitutional issue.
Classic TDS liberal, which he has been for years on here. Name calling and cursing are the hallmarks of them. It's sad that so many people like him have lost their minds just because they don't like who's president. He certainly isn't the only one.
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Yes, presidential power is too much. But that's a problem 40+ years in the making and nobody has ever done anything to stop it.
The rest of your post is a complete overreaction. The economy is not "tanking." I also did not think you'd be one to be against cutting waste and spending in government.
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