Trump: Too Little, Too Late. Jerome “Too Late” Powell is a disaster. DROP THE RATE! The good news is that Tariffs are bringing Billions in | Metals Mine

  • Trump: Too Little, Too Late. Jerome “Too Late” Powell is a disaster. DROP THE RATE! The good news is that Tariffs are bringing Billions in

    From @realDonaldTrump

    [truth_social_post=114953595203270237;0]Too Little, Too Late. Jerome “Too Late” Powell is a disaster. DROP THE RATE! The good news is that Tariffs are bringing Billions of Dollars into the USA![/truth_social_post]

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Patso
Aug 1, 2025 8:01am
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Quoting Trader#40BC
Can someone please finally explain him how taffirs work?
please give a short explanation on how “tariffs” work

A tariff is just a tax slapped on stuff coming in from another country. The importer pays it at the border and either eats the cost or—more often—passes it on to you as higher prices. The idea: make foreign goods pricier so domestic producers can compete and the Treasury collects revenue.
(gab.ai)
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yieldjunkie
Aug 1, 2025 7:52am
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Right on cue
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Trader#D202
Aug 1, 2025 8:07am
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Quoting Patso
{quote} please give a short explanation on how “tariffs” work A tariff is just a tax slapped on stuff coming in from another country. The importer pays it at the border and either eats the cost or—more often—passes it on to you as higher prices. The idea: make foreign goods pricier so domestic producers can compete and the Treasury collects revenue. (gab.ai)
Yes, they are designed to try to force people to buy domestic over imported. But many things aren’t made domestically so tariffs are also a stealth vat tax because the treasury needs more money coming in. The choice was raise taxes or raise tariffs, Trump chose tariffs over taxes.
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chemosi
Aug 1, 2025 7:55am
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Schultz
Aug 1, 2025 8:06am
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Earlier today I heard him say that tariffs are bringing in trillions.

Now it's only billions. Sigh.

Bit of a difference.

But I kinda enjoy it when headlines end a sentence with a preposition in case of.
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Trader#9776
Aug 1, 2025 8:21am
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Quoting Trader#A3AF
Can I ask how You Americans choose your presidents? Maybe more old and stupid is better?
We don't. They give us the illusion that our vote matters but it doesn't they're all hand picked. Us voting just gives people the idea that we have control. When in reality these politicians don't care about us, we're just a number to them.
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axecap
Aug 1, 2025 8:03am
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Quoting Trader#40BC
Can someone please finally explain him how taffirs work?
They dont
Momofrmnyc
Aug 1, 2025 8:05am
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Once again someone want to explain to him Jerome is just one guy you need a CONSENSUS to lower rates. I thought he knew that since he knows everything.
Trivion
Aug 1, 2025 8:26am
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He posted this after the NFP release. But no mention of the weakening labor market. But obviously we need a reminder of how great his tariffs are.
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Trader#40BC
Aug 1, 2025 7:53am
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Can someone please finally explain him how taffirs work?
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Trader#B749
Aug 1, 2025 8:12am
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Quoting axecap
{quote} They dont
Then why do most countries put tariffs on US made imports.?
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FractalKing
Aug 1, 2025 8:55am
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Quoting Patso
{quote} please give a short explanation on how “tariffs” work A tariff is just a tax slapped on stuff coming in from another country. The importer pays it at the border and either eats the cost or—more often—passes it on to you as higher prices. The idea: make foreign goods pricier so domestic producers can compete and the Treasury collects revenue. (gab.ai)
Wrong! In this capitalistic market, the domestic companies would rather profit from that difference and sell their goods for higher prices. That's what happened last time they increased tarrifs.
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Betraded
Aug 1, 2025 11:53am
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Quoting Schultz
Earlier today I heard him say that tariffs are bringing in trillions. Now it's only billions. Sigh. Bit of a difference. But I kinda enjoy it when headlines end a sentence with a preposition in case of.
Just a 1,000's difference
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Trader#4FB9
Aug 1, 2025 8:03am
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Quoting Patso
{quote} please give a short explanation on how “tariffs” work A tariff is just a tax slapped on stuff coming in from another country. The importer pays it at the border and either eats the cost or—more often—passes it on to you as higher prices. The idea: make foreign goods pricier so domestic producers can compete and the Treasury collects revenue. (gab.ai)
IF there are a domestic producers. I do not think the USA produces coffee or bananas that much...
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Trader#9F26
Aug 1, 2025 8:11am
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Quoting Trader#A3AF
Can I ask how You Americans choose your presidents? Maybe more old and stupid is better?
Data today proves Trump was right on rates and Powell was wrong. Facts are inconvenient aren’t they.
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Dastan.lotfi
Aug 1, 2025 8:25am
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he is right..
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Trader#B749
Aug 1, 2025 8:27am
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Quoting Trader#A3AF
Can I ask how You Americans choose your presidents? Maybe more old and stupid is better?
Nobody voted for K. Harris. She didn't have enough support to make it to the first primary vote for the Dems. But she was appointed by the Dem. political elite when Sleepy Joe dropped out.
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Trader#B839
Aug 1, 2025 7:59am
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who has to pay for the tariffs. WE! this f.
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Trader#0CB9
Aug 1, 2025 7:59am
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YOU’RE FIRED!!!!!
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Trader#7DB0
Aug 1, 2025 7:59am
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god look at this idiot
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Trader#A3AF
Aug 1, 2025 8:06am
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Can I ask how You Americans choose your presidents? Maybe more old and stupid is better?
Reply
Trader#C94F
Aug 1, 2025 8:46am
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What happened to markets, is trump dead?
Reply

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