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Schultz commented Jul 18, 2025The overseas manufacturer or the overseas seller has nothing to do with the tariff. Once they have been paid and post off the product, that's it. If the person in the USA did not buy the overseas product because the tariff was so high then there is ...
Trump pushes for 15%-20% minimum tariff on all EU goods - FT
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Schultz commented Jul 18, 2025You have already bought it and the seller has their money. They don't need to change anything. In the meantime the importer or shipper or someone else in the USA you are forcing to pay the tariff will go broke.
Trump pushes for 15%-20% minimum tariff on all EU goods - FT
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Schultz commented Jul 16, 2025It might be just me (I'm a newbie, and so I'm manually moderated), but I've noticed that the folk who take exception to anything to do with what President Trump says are quite obnoxious. It's such a shame this otherwise tremendous site allows such ...
Trump: Would love if Powell resigns
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Schultz commented Jul 16, 2025I have been busy trading! I love volatility! Long, short, long, whatever. No gambling, no thinking.
Trump on Powell: Not planning on doing anything; change will be in the next 8 months
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Schultz commented Jul 16, 2025Why are most, if not all, of the bots losing money? It really isn't difficult to be exceptionally profitable in these circumstances if you can follow a one minute chart. Obviously bots cannot.
Lawmakers say Trump indicated he will fire Fed Chair Powell: CBS
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Schultz commented Jul 16, 2025Fire the bots. I thought this was moderated? I know I am, being a newby.
Lawmakers say Trump indicated he will fire Fed Chair Powell: CBS
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Schultz commented Jul 16, 2025Is that what they teach at business school? In the second choice, what will be foregone, profits or labour costs? If profits, what is the point of maintaining market share? Either your shareholders will flee or the bank will be calling in its debts.
US Producer Price Index - June 2025
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Schultz commented Jul 15, 2025“They are paying 19% and we are not paying anything.” Oh my giddy aunt. Why would anyone ever bother negotiating anything with such a fruit loop. So, el Presidento, you don't want our palm oil or clothes? That's OK, we sell to other countries ...
Trump Says Indonesia Will Face 19% Tariff, Buy 50 Boeing Jets
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Schultz commented Jul 14, 2025So far, I don't think much thought has been given to something called comparative advantage. Tariffs really poison comparative advantage. In economics, comp adv is when a country produces what it does best, and buys from other countries what they do ...
Trump imposes 30% tariffs on EU, Mexico
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Schultz commented Jul 14, 2025Producer/exporter nations are not necessarily worse off. The country in which I live used to sell lots of beef to the USA. Not so much now. Instead, China has picked up any slack, plus some (because China is not importing so much meat from the USA ...
Trump imposes 30% tariffs on EU, Mexico
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Schultz commented Jul 14, 2025I haven't traded silver in years. Wouldn't touch it. It is one commodity that attracts enthusiastic crowds who trade it and pump it from time to time. and the unpredictable spreads and fickle liquidity are indicative of something not quite right.
Fed's Hammack: I see an economy that's really healthy
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Schultz commented Jul 14, 2025That nearly 14,000 tons of silver was shorted in a single hour on a Saturday is quite interesting in itself. That's one massive player. The total open interest on CME Globex is about 25,000 tons.
Fed's Hammack: I see an economy that's really healthy
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Schultz commented Jul 14, 2025I happen to think that her comments convey sound economic common sense and restraint not often seen with central bankers. She had better watch out for el Presidento if he reads her words.
Fed's Hammack: I see an economy that's really healthy
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Schultz commented Jul 12, 2025All these letters he's been sending out to world leaders - a quaint touch to announce how much tax he is going to levy on his own citizens. Mate, you can do whatever you like, you're the President. We don't really care anymore.
Trump imposes 30% tariffs on EU, Mexico
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Schultz commented Jul 12, 2025I don't think that it will be so obvious, mainly for one reason, but there are others. I think that there is the possibility (and certainly some survey evidence) that US businesses (whether they be anywhere in the chain from importers to retailers) ...
New Inflation Data Next Week—This Is a Big One