Except it’s Trump. He will never step down. He can’t admit he’s wrong on anything otherwise it’ll break his macho man persona of never being wrong and it’s not his fault.
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Cake day: June 16th, 2023
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Yes, because their current tariff plans of on and off has been working great to give businesses confidence to bring jobs back and not get rug pulled by the administration.
Yeah but the difference is Trump has the magnetism and Vance doesn’t? Usually when a cult leader dies the whole cult kinda fizzles out.
Looking like complete escalation since china won’t bend the knee to him
I’ve seen a new talking point popping up that he’s crashing the market on purpose to refi US debt and force the fed to drop interest rates…
Honestly they probably plugged it into Grok and asked it to spit out the list of countries to tariff.
It’s probably dumber than you think why they weren’t on there. The formula they used to come up with the countries tarrifs rate is based simply on trade deficit calculations. So if you aren’t exporting/importing from those countries they wouldn’t be included. It doesn’t even matter if there was a trade surplus.
For example, take the figures for China:
- Goods trade deficit: $291.9bn
- Total goods imports: $438.9bn
- 291.9/438.9 = 0.67, or 67%
- And halved = 34%
Sources:
https://www.ft.com/content/e025d7e6-512d-4e82-9c25-7900b94ac153
The board has close ties to musk. His brother is on the board. That’s why they will always pay the guy.
He did that already in 2018 and they expired in 2024.
https://www.aeaweb.org/articles?id=10.1257/aer.20190611
Tariffs resulted in a pass through cost greater than 100%.
They also find the employment effect (1800 jobs, not 2000) but the cost to the public of those jobs was $800,000+ each.
The guy blamed Bidens government and not Trump in his video so no. He’d probably vote the same.
If you think about it. Have you ever seen him actually laugh or just smirk?
They are doing a project in Vegas to do a loop, but it only holds Tesla’s… So maybe close?
My hunch is Zuck is salivating over divestment and was lobbying for this. However I think bytedance won’t divest since the US market only represents under 5% of the user base.
This is gonna bite Biden in the ass hard with the younger generations if he signs it and then they won’t vote (granted a lot don’t vote anyway). They’ll see it as an out of touch old government trying to silence our voices and give money away for war rather than help people. Will definitely be interesting to see how it unfolds.
Man a 2.5% revenue share definitely could add up especially for mobile you’d be giving close to 20% in revenue to either an app store or game engine.
100 billion puts you in the top 15 richest on the planet. You’d actually rank #11 ahead of Sergey Brin and Bloomberg.
This just proves the point there are a lot of people full of shit?
Because he’s cheap and didn’t wanna spend the money. It’s why the interior is so plain for the amount of money you spend.