Archive for the 'Economy' Category
China Escalates With 125% Tariff On U.S. Imports
April 11th, 2025I wonder if some sort of kabuki theater is about to take place, complete with fake origin labels and warehouses in lower tariff countries… Via: ZeroHedge: Around the close of Hong Kong trading hours, Beijing retaliated against President Trump’s tariffs by hiking levies on U.S. goods to 125%, up from the prior 84%. In a […]
Apple Airlifts 600 Tons of iPhones from India ‘To Beat’ Trump Tariffs
April 10th, 2025*snort* "Chinese Children" Song: Chinese Children by Devendra Banhart@realDonaldTrump @elonmusk @lexfridman @bennyjohnson @FearedBuck @wallstreetbets @jk_rowling @stillgray @jordanbpeterson @RealAlexJones @benshapiro @RealCandaceO @MattWalshBlog @MarioNawfal pic.twitter.com/Syzi1JWl1f — The Dor Brothers (@thedorbrothers) March 18, 2025 Via: Reuters: Tech giant Apple chartered cargo flights to ferry 600 tons of iPhones, or as many as 1.5 million, to the United States […]
And Now… Trump “Pauses” Reciprocal Tariffs For 90 Days (Except China)
April 9th, 2025President Pfizer Warpspeed Trickster Trump Gaza #1. I wonder if he’s front running stuff ahead of all the chaos he’s causing??? Via: ZeroHeadge: Based on the lack of respect that China has shown to the World’s Markets, I am hereby raising the Tariff charged to China by the United States of America to 125%, effective […]
China Raising Tariff on U.S. Goods to 84%
April 9th, 2025Via: Yahoo!Finance: China said it will raise its tariff on US goods to 84%, retaliating to the hefty new tariffs on its imports that kicked in on Wednesday. The move came after the Trump administration followed through on a threat to add a 50% tariff on Chinese goods, in addition to 34% reciprocal tariffs, raising […]
Hyundai to Expand Robot Fleet with Tens of Thousands Atlas Units from Boston Dynamics
April 7th, 2025About the workers in all the new factories being built in the U.S… Via: Interesting Engineering: Hyundai unveiled a $21 billion investment plan in the U.S., which includes $6 billion aimed at fostering innovation and expanding strategic partnerships. As per the agreement, Hyundai will purchase tens of thousands of robots, supporting Boston Dynamics’ growth and […]
Flashback to January: Warren Buffett’s $325 Billion Cash Pile
April 4th, 2025I don’t know how many times I’ve posted about Warren Buffett amassing hundreds of billions of dollars in cash, in anticipation of a major correction in stocks, but it’s a lot. He knew that valuations had gotten insane, which essentially rigged the market to blow. I wonder if he also knew that Trump would light […]
AI 2027
April 4th, 2025Via: AI 2027: We predict that the impact of superhuman AI over the next decade will be enormous, exceeding that of the Industrial Revolution. We wrote a scenario that represents our best guess about what that might look like. It’s informed by trend extrapolations, wargames, expert feedback, experience at OpenAI, and previous forecasting successes.
Oil Tumbles 8% as China Retaliates with Tariffs on U.S.
April 4th, 2025Via: Reuters: Oil prices plunged by 8% on Friday, heading for their lowest close since the middle of the pandemic in 2021, as China hit back in an escalating global trade war with the U.S. after President Donald Trump’s barrage of levies this week. China announced it will impose additional tariffs of 34% on all […]
Trump’s Tariff Strategy Explained in 18 Minutes
April 4th, 2025I never thought I would see the U.S. resist China’s grand strategy. It would have been nice to have done it more slowly. Factories could have been built, the expertise could have been cultivated, markets could have adjusted in an orderly manner… Nope. That’s not how it’s going to go. Trump has less than four […]
Trump Announces Sweeping Reciprocal Tariffs on Trading Partners
April 2nd, 2025I wonder if Ross Perot is smiling from the great beyond… Remember that? Because Ross Perot’s prescient warnings were not heeded decades ago, this is what a Made in USA car looks like now: President Pfizer Warpspeed Trump Gaza #1 is awful in some ways… and good in other ways. Bringing sanity to trade imbalances […]
