The TACO trade post

[silentkisser]

https://www.politico.com/news/2025/05/28/trump-wall-street-acronym-tariffs-00372814

https://www.cbc.ca/player/play/video/9.6776937

I'm surprised that this isn't its own thread yet, but deals with Trump's disastrous tariff policies.
TACO stands for:
T - Trump
A - Always
C - Chickens
O - Out

Basically, the savvy traders have started to make moves when Trump says something stupid. So, for example, when he talks about imposing new tariffs and the market starts to tank, they buy up all that they can. Then, when he inevitably walks it back or chickens out, prices start to regulate, which gives the traders an opportunity to see at a profit....or hold and wait for his next self-inflicted market disruption to buy more at a discount.

A NBC reporter had the balls to actually tell Trump what it meant. Now, I guess the question is, will this change his pattern? Will he show more determination, even if it sends the US economy into a disastrous tailspin?

Guess we'll see the next time he does something stupid....probably in about a day (or less). And, this is probably the most ever green sentence I've ever written....

 

[Shaquille Oatmeal]

Too funny.
He is losing it.

 

[Shaquille Oatmeal]

 

[mandrill]

 

[jalimon]

Knowing how Trump loves Mexicans, he will find the whole thing amusing, right? Right?


It will become harder and harder to play tough guy... buk, buk, buk, ba-gawk

 

[onthebottom]

You can tell no reporter has ever negotiated anything. You always ask for more than you want. He’s also creating uncertainty, primarily for the business community, to Incent them to move trade.

 

[mandrill]

You can tell no reporter has ever negotiated anything. You always ask for more than you want. He’s also creating uncertainty, primarily for the business community, to Incent them to move trade.

How does uncertainty incentivize - that's the word you want there, chum - anybody to do anything?

Hey, manufacturers! You can spend 5 years and $100M building a factory in Alabama to make sneakers and....... I might change my mind about tariffs in a year's time and you just lost $100M!!!!!!

Cos I'm the Wacko Taco President!

 

[Butler1000]

You can tell no reporter has ever negotiated anything. You always ask for more than you want. He’s also creating uncertainty, primarily for the business community, to Incent them to move trade.

Except this isn't real estate is it? It's international trade. You can't microcosm things to the govt level because the government NEEDS things. They need materials for military equipment. And nations have non negotiable needs too. In your case rare earths, fertilizer, even oil and electricity. Or you pay much more.

Your farmers are also getting fucked. They set themselves up with crops that are now being denied.

 

[mandrill]

 

[wigglee]

He bypasses Congress and the courts to perpetrate his fascism. He uses the emergency clause to try and justify his dictatorship. The only emergency is the fact that an insane asshole has run amok in the oval office and he should immediately be removed and imprisoned, before he ruins the world economy and threatens to destroy the military balance of power ( being a Russian asset).

 

[Insidious Von]

The King of Kings hates the EU, those tariffs will stick. He is the greatest human being on planet Earth, he promised to his plutocrat buddies that he would make them richer. The market being even more sensitive than Shaq is his yo-yo. Will Putin show up for his glorious birthday military parade?

He wont do anything that could hurt his loved one.

 

[Anbarandy]

Gotza ta bee da twed of da year.

 

[Frankfooter]

 

[silentkisser]

You can tell no reporter has ever negotiated anything. You always ask for more than you want. He’s also creating uncertainty, primarily for the business community, to Incent them to move trade.

How does uncertainty incentivize - that's the word you want there, chum - anybody to do anything?

Hey, manufacturers! You can spend 5 years and $100M building a factory in Alabama to make sneakers and....... I might change my mind about tariffs in a year's time and you just lost $100M!!!!!!

Cos I'm the Wacko Taco President!

View attachment 444081

It is always interesting to see how those who think Trump is a genius defend his idiotic moves. @mandrill is 100% right about this. Trump has created a lot of uncertainty for the global economy while managing to sabotage his stated goal of bring jobs back to the US. And, he obviously has no clue about how international trade works....

Let's say for a second that Trump wanted to legitimately bring off-shored jobs home. What ones? Does he want to have people working in factories making iPhones or the latest Air Jordans? What would that increase cost? How much would these manufacturers pay? Are theses even jobs that people want??? But the issue here is that Trump was/is not specific about what he wants to do. It's all generalities.

But, as mentioned, if this was the stated goal of his tariff play....why the fuck would he allow countries to negotiate for a deal? I mean, for example, say he wanted all those manufacturers to return from China, Vietnam, Bangladesh, etc...why would he reduce tariffs on them before the goal was achieved.

I think the reality here is Trump doesn't understand what he's done. He sold his cult the idea that tariffs would be paid by other countries and that prices wouldn't be impacted. But the reality to that is going to rear its head for most Americans very soon. It's why Trump called on Walmart, of all retailers, to eat the price increases and not pass them on to customers. BUT...would Walmart do it? I mean, Walton's supported Trump whole-heartedly. But, the company has investors to answer too. If Walmart ate the tariffs, they would see a drop in profit...and that would likely piss off investors. Keep in mind, part of Walmart's success has been in squashing suppliers to lower prices....which forced thousands of them to move operations to cheaper countries like China....In fact, some studies have shown Walmart helped keep inflation lower in the US almost single-handedly.

So, what this all means is Trump has NO CLUE in what he's doing. Take for example, how he backed down a few weeks after "Liberation Day." The bond market was roiled, and the US faced a very real crisis over its debt. That was a self-inflicted wound, just like the likely US recession is self-inflicted. Trump has no plan beyond a few simple slogans and lies. And Wall Street has caught on, as has the rest of the world.

 

[mandrill]

It is always interesting to see how those who think Trump is a genius defend his idiotic moves. @mandrill is 100% right about this. Trump has created a lot of uncertainty for the global economy while managing to sabotage his stated goal of bring jobs back to the US. And, he obviously has no clue about how international trade works....

Let's say for a second that Trump wanted to legitimately bring off-shored jobs home. What ones? Does he want to have people working in factories making iPhones or the latest Air Jordans? What would that increase cost? How much would these manufacturers pay? Are theses even jobs that people want??? But the issue here is that Trump was/is not specific about what he wants to do. It's all generalities.

But, as mentioned, if this was the stated goal of his tariff play....why the fuck would he allow countries to negotiate for a deal? I mean, for example, say he wanted all those manufacturers to return from China, Vietnam, Bangladesh, etc...why would he reduce tariffs on them before the goal was achieved.

I think the reality here is Trump doesn't understand what he's done. He sold his cult the idea that tariffs would be paid by other countries and that prices wouldn't be impacted. But the reality to that is going to rear its head for most Americans very soon. It's why Trump called on Walmart, of all retailers, to eat the price increases and not pass them on to customers. BUT...would Walmart do it? I mean, Walton's supported Trump whole-heartedly. But, the company has investors to answer too. If Walmart ate the tariffs, they would see a drop in profit...and that would likely piss off investors. Keep in mind, part of Walmart's success has been in squashing suppliers to lower prices....which forced thousands of them to move operations to cheaper countries like China....In fact, some studies have shown Walmart helped keep inflation lower in the US almost single-handedly.

So, what this all means is Trump has NO CLUE in what he's doing. Take for example, how he backed down a few weeks after "Liberation Day." The bond market was roiled, and the US faced a very real crisis over its debt. That was a self-inflicted wound, just like the likely US recession is self-inflicted. Trump has no plan beyond a few simple slogans and lies. And Wall Street has caught on, as has the rest of the world.

It's basically government as a low quality reality TV show with dumbed down plot lines, cartoonish villains and heroes and tension being stoked for periodic cliff hanger episodes.

It's figureheaded by a senile ass who can no longer think through what he is doing and who works 45 minutes a day and spends the rest of his time photo-opping and golfing.

And it's all premised on Trump collecting bribes and payoffs worth several million $$$$ every week.

 

[silentkisser]

It's basically government as a low quality reality TV show with dumbed down plot lines, cartoonish villains and heroes and tension being stoked for periodic cliff hanger episodes.

It's figureheaded by a senile ass who can no longer think through what he is doing and who works 45 minutes a day and spends the rest of his time photo-opping and golfing.

And it's all premised on Trump collecting bribes and payoffs worth several million $$$$ every week.

View attachment 444308

In all seriousness, I wonder....is Trump really trying to destroy America? I look and see a bunch of areas that are in serious jeopardy due to his policies and the idiots he's empowered to run key cabinet positions.

Economy: Trump has destroyed international trust with the world's largest economy. Who can trust the US to be a fair trading partner now. As Canadians, we've taken a massive hit due to this, and our reliance on the US market may have helped before Trump, but we certainly need to increase our trade with other more stable partners. And, I suspect, many other nations are feeling the same. This could have a lasting impact on the global economy, and it is already destroying confidence in the American government's ability to pay its debts...How soon until another currency becomes the default one from the greenback?

Health: RFK Jr. has gutted the US medical/drug and food oversight. He's stopping vaccination research, cancer research, and the capacity to track diseases. Is the US going to become the super-spreader of the next pandemic? Will childhood diseases run rampant in the US, like a return of polio or a dozen other diseases that were thought to have been eradicated. How many children are going to die because this idiot spread his anti-vax message like it was covid at an old age home...

Military: Yes, the US is a military juggernaut. They have more jets, ships and tanks than nearly any other country. But, they've also gone out of their was to distance themselves from allies. With some even viewing the US as a potential aggressor. The US can knock out a government or conquer land...but they aren't very good at keeping the peace, and will likely be bled raw by guerrilla wars if they tried anything....

Education: The right and Trump seem obsessed with education and how intelligent people tend to be liberal. They are pushing to allow more people to be homeschooled, or making it harder for anyone who isn't upper middle class or rich get an education. They are literally making the coming generations dumber.

There is a lot more, but what is the end game here? Is it to make a caste system in the US, where the ultra rich can rule and do whatever they want, while the peons work till they die to support that system? All these things taken together raise serious questions into what the end game is here. A diminished America that is isolationist, ignorant and paranoid?

 

[mandrill]

In all seriousness, I wonder....is Trump really trying to destroy America? I look and see a bunch of areas that are in serious jeopardy due to his policies and the idiots he's empowered to run key cabinet positions.

Economy: Trump has destroyed international trust with the world's largest economy. Who can trust the US to be a fair trading partner now. As Canadians, we've taken a massive hit due to this, and our reliance on the US market may have helped before Trump, but we certainly need to increase our trade with other more stable partners. And, I suspect, many other nations are feeling the same. This could have a lasting impact on the global economy, and it is already destroying confidence in the American government's ability to pay its debts...How soon until another currency becomes the default one from the greenback?

Health: RFK Jr. has gutted the US medical/drug and food oversight. He's stopping vaccination research, cancer research, and the capacity to track diseases. Is the US going to become the super-spreader of the next pandemic? Will childhood diseases run rampant in the US, like a return of polio or a dozen other diseases that were thought to have been eradicated. How many children are going to die because this idiot spread his anti-vax message like it was covid at an old age home...

Military: Yes, the US is a military juggernaut. They have more jets, ships and tanks than nearly any other country. But, they've also gone out of their was to distance themselves from allies. With some even viewing the US as a potential aggressor. The US can knock out a government or conquer land...but they aren't very good at keeping the peace, and will likely be bled raw by guerrilla wars if they tried anything....

Education: The right and Trump seem obsessed with education and how intelligent people tend to be liberal. They are pushing to allow more people to be homeschooled, or making it harder for anyone who isn't upper middle class or rich get an education. They are literally making the coming generations dumber.

There is a lot more, but what is the end game here? Is it to make a caste system in the US, where the ultra rich can rule and do whatever they want, while the peons work till they die to support that system? All these things taken together raise serious questions into what the end game is here. A diminished America that is isolationist, ignorant and paranoid?

Significant fact: Oklahoma - the dumbest, most Jesus state of all - has now made it mandatory that schools teach that the 2020 election was stolen from Trump by the evil Dems!!!

So yes. This is the oligarchy brainwashing the peons in the Red States and making them into brainwashed mindless goons that will do what they are told.

Welcome to Red State Land - The place where the Southern Plantation Oligarchs killed 5% of their male population in the Civil War by convincing them that they were "defending" the South from the evil Yankees - rather than simply protecting the Oligarchs right to own other human beings.

 

[mandrill]

In all seriousness, I wonder....is Trump really trying to destroy America? I look and see a bunch of areas that are in serious jeopardy due to his policies and the idiots he's empowered to run key cabinet positions.

Economy: Trump has destroyed international trust with the world's largest economy. Who can trust the US to be a fair trading partner now. As Canadians, we've taken a massive hit due to this, and our reliance on the US market may have helped before Trump, but we certainly need to increase our trade with other more stable partners. And, I suspect, many other nations are feeling the same. This could have a lasting impact on the global economy, and it is already destroying confidence in the American government's ability to pay its debts...How soon until another currency becomes the default one from the greenback?

Health: RFK Jr. has gutted the US medical/drug and food oversight. He's stopping vaccination research, cancer research, and the capacity to track diseases. Is the US going to become the super-spreader of the next pandemic? Will childhood diseases run rampant in the US, like a return of polio or a dozen other diseases that were thought to have been eradicated. How many children are going to die because this idiot spread his anti-vax message like it was covid at an old age home...

If your intention with government is to make a $$$$ billion in bribes and shakedowns and not to actually govern the country, why would you want competent people as your highest level subordinates?

 

[harryass]

It was reported the he laid an egg when he responded to the TACO question from the reporter.

 

[richaceg]

Another day another thread where the liberals find safe spaces to feel better about themselves...