badgerx16

Passion is great, but skill would be a better attribute.

We are crap.,

Trump has decided that smartphones, laptops,semi-conducters, solar panels, and other consumer electronics will be exempted from the tariffs. Chickened out.

Trump has signed an Executive Order removing a restriction on the water flow through shower heads, claiming that 2.5 gallons per minute is too slow - "It takes 15 minutes to get my hair wet when I'm in the shower". What he fails to tell is that 14 of those 15 minutes are trying to catch his 'hair' as it tries to flee the bathroom.

Somebody jailed for contempt of Court expecting another Court to reduce his sentence. Seems unlikely to happen.

In drawing up the formula for the tariffs, a random choice was made, as detailed in this from the New York Times; "The biggest is that the formula divides the result by two. Mr. Trump said this was chosen to be “kind,” essentially halving the calculated tariff rates. Of course, he could have chosen to divide by three or four to be more kind or not divide at all to be less kind. The full formula also multiplies the tariff rate by two other variables that we didn’t show above, meant to approximate the “price elasticity of import demand” and the “tariff pass-through to retail prices.” But the numbers the administration chose for those variables are 4 and 0.25, which cancel out (4 × 0.25 = 1) and have no effect on the final rate." The overall formula is lifted from a respected economics paper, but has made one significant change; in the original the values for "elasticity' and 'pass through' are, indeed, variable, but generally amount to something approaching 4 when multiplied together,meaning that the total calculation, ( tariff rate ), should come out at a quarter of what Trump's financial experts have published. They made an arbitrary decision to settle on 10%, regardless of a country's trade balance with the US, even where that balance is a surplus for the US, and manipulated the formula to lend some degree of credence to their decision.

The Supreme Court has upheld the lower Court's order for the return of the man wrongly deported, rejecting the White House's appeal 9-0.

According to Wikipedia GM have 35 factories involved in the automotive industry in the US, Ford have 28, Stellantis ( Chrysler ) have 17. Even if you added in every factory, workshop, and garden shed, involved in component manufacturing, you probably couldn't get much beyond 1000. Trump is just making up random numbers to sound informed and impress his MAGA morons, ( and GM ). The bigger the number, the more impressive Trump feels.

Proof the basis and formula for the tariffs is bollocks;

Baz ? ( Bloody well hope not, but suspect SR think so ).

More likely.

Still dropping. Which chapter of The Art of the Deal recommends crashing markets around the globe ?

John Turner signed on a short term loan by Lancashire.

That pre-supposes we get promoted before his contract expires.

Looking forward to 6 points next season, and playing a part in sending them down in 2026.

US imports from Russia last year were over $3Bn, exports were over $500M. More likely no tariffs so as not to upset Putin during the so called "peace" talks.

Dow down 750 points on early trading today, S&P down 140, NASDAQ down 450.. Care to comment GM ?

No, the penguins have to pay more.

Same as on Somalia.

Trump's main gripe seems to be that many countries are now better at protectionism than the US, which has historically been a protectionist economy. In his zeal to rebalance global trade he faces 2 major problems: (1) trade deals are complicated and take years to negotiate, and (2) such negotiations are 2-way affairs, rather than his "take my offer or fuck off" approach.

We all wish he would go away, as he has promised to do, but whenever he does still pop his head above the parapet it deserves to be walloped severely and his bullshit called out.

Threaten and posture, then back down when somebody stands up to you.

GM cuts and pastes.

So what is wrong with the last trade agreement Canada negotiated with Trump ?