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Ben's avatar

Simplest reason greed.

How ever tariffs are used primarily to protect a countries industry from cheaper or better products by making them more expensive.

Israel has a weapons industry, chips, clothes and food.

One of the biggest mistakes in all this tariff stuff was not broadcasting loudly every country tariffs on American goods what they are and how much in dollars they are making.

Percentage points get lost in the noise.

When the details are there, the idiots can't argue how unfair it is to reciprocal tariff other countries products well some still will because they are irrational and delusional but honest people won't.

Trump did say that this was going to be initially painful.

Watching the stocks go down I have a key number of picks I want to buy when I think they hit the bottom.

I initially had both nVidia and Amd at just over three dollars and stupidly sold them when they went up to around $10.

Same with apple I bought apple when I heard Bill Gates was going to help them but chickened out and sold long before I should have.

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Lugh's avatar

Maybe he did, but who would know as his enemies control the media?

Why not let the State have one channel people can tune into and by which Trump or whoever can communicate directly with the people?

Or Trump could have made a major speech about the tariffs. They'd have to cover it, as much as they hated it. Seems like an error that he didn't do that.

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Roger Beal's avatar

Buy call options: Cheaper and, if you stay alert, they offer a better risk/reward ratio.

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JohnAZ's avatar

Ben, the stock market reaction show how much the Left empire AND foreign influence affect our economy barometers. Look around and I will bet that Soros, Rothschild, Rockefeller are all trying to exacerbate the reaction.

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Ben's avatar

I forget who I was listening to, but they said money was being pulled from the US stock market and put into the European one.

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JohnAZ's avatar

Yep, not surprised. Money does not just disappear, it is re-invested elsewhere. Gold comes to mind, or foreign resources? Eventually, when the Chicken Littles come to their senses, they will bring all their money back plus invest in the new manufacturing base of the USA.

BTW, on Netflix, check out “Founder”. The story of Ray Kroc and McDonalds.

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