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Dow Dumps Massively As Trump Threatens Massive Tariffs on China!

Started by Rod Kaufman, 10/10/2025 03:58PM
Posted 10/10/2025 03:58PM Opening Post
"President Donald Trump on Friday threatened to slap a “massive increase of Tariffs” on Chinese products imported into the United States to “financially counter” new export controls that China imposed on rare earths from that country."

“One of the Policies that we are calculating at this moment is a massive increase of Tariffs on Chinese products coming into the United States of America,” Trump wrote. “There are many other countermeasures that are, likewise, under serious consideration. Thank you for your attention to this matter!”

https://www.cnbc.com/2025/10/10/trump-china-tariffs-rare-earths.html

That and the fact that China ended its purchases of soybeans from American farms due to the tariffs and, instead, buys them from Argentina who just benefited from a 20 billion bailout from Trump to boost the standing of its pro-Trump leader. Oh, and the American soybeans farmers? Trump's thinking about giving them a tariff-funded subsidy check! You can't make this stuff up!
Posted 10/10/2025 07:48PM #1
Originally Posted by Rod Kaufman
"President Donald Trump on Friday threatened to slap a “massive increase of Tariffs” on Chinese products imported into the United States to “financially counter” new export controls that China imposed on rare earths from that country."

“One of the Policies that we are calculating at this moment is a massive increase of Tariffs on Chinese products coming into the United States of America,” Trump wrote. “There are many other countermeasures that are, likewise, under serious consideration. Thank you for your attention to this matter!”

https://www.cnbc.com/2025/10/10/trump-china-tariffs-rare-earths.html

That and the fact that China ended its purchases of soybeans from American farms due to the tariffs and, instead, buys them from Argentina who just benefited from a 20 billion bailout from Trump to boost the standing of its pro-Trump leader. Oh, and the American soybeans farmers? Trump's thinking about giving them a tariff-funded subsidy check! You can't make this stuff up!
Trump explains:   ""Our relationship with China over the past six months has been a very good one, thereby making this move on Trade an even more surprising one," Trump wrote. "I have always felt that they’ve been lying in wait, and now, as usual, I have been proven right!"
Posted 10/14/2025 01:20AM #2
Like clockwork, a massive TACO rebound. Best day for the SNP 500 since May.
Posted 10/14/2025 01:25AM #3
Originally Posted by James Brown
Like clockwork, a massive TACO rebound. Best day for the SNP 500 since May.
smile