US removes some items from China tariff list, stock market up big today

[Bucky]

The United States Trade Representative office said Tuesday certain items were being removed from the new China tariff list because of “health, safety, national security and other factors” while tariffs on other items would be delayed until December 15.

The products in the group that will have tariffs delayed include “cell phones, laptop computers, video game consoles, certain toys, computer monitors, and certain items of footwear and clothing,” the USTR said.

Apple shares traded higher on the news.

The USTR added that it will conduct an “exclusion process for products subject to additional tariff.”

USTR removes some items from list of new China tariffs, citing '''health, safety, national security'''

The Trump put is here. And just like that, the minor stock market correction is over.

 

[Ikari]

Oh good, I was worried Trump was going to tariff his own clothing line. Looks like we got around that.

lol

 

[swing_voter]

The election is coming up, you can't have voters inconvenienced.

 

[OrphanSlug]

I am changing my opinion on this, Trump is just messing with the stock market to help supporters who are shorting positions for quick gains when reversing decisions.

 

[Ikari]

I am changing my opinion on this, Trump is just messing with the stock market to help supporters who are shorting positions for quick gains when reversing decisions.

I've actually maintained this conspiracy theory for some time now. He just says and does things that throws the stock market into disarray for awhile in order to make money for himself and his buddies. It's a good con.

 

[Mycroft]

“health, safety, national security and other factors”

A couple guesses about those other factors:

1. Giving manufacturers a chance to reposition their factory locations and supply lines.

2. Keeping China off balance. "Carrot and stick"

 

[Irwin Corey]

I've actually maintained this conspiracy theory for some time now. He just says and does things that throws the stock market into disarray for awhile in order to make money for himself and his buddies. It's a good con.

Well, I hate to disagree but that would assume he knows what he's doing; he doesn't. Watching trump manage our Countries Business is like watching a room full of dizzy children playing pin the tail on the donkey.

 

[Ikari]

“health, safety, national security and other factors”

A couple guesses about those other factors:

1. Giving manufacturers a chance to reposition their factory locations and supply lines.

2. Keeping China off balance. "Carrot and stick"

People have already been repositioning their manufacturing locations. It sucks and can be expensive, but manufacturing has been shifting to places like India for some time now. It's not keeping China "off balance", those things that are having the tariffs delay are the main things that we buy from China. It's giving into China without getting much in return. Because Trump has f'd this trade war up from the start.

So much for taking it to China

lol

 

[AliHajiSheik]

I've actually maintained this conspiracy theory for some time now. He just says and does things that throws the stock market into disarray for awhile in order to make money for himself and his buddies. It's a good con.

How does Trump make money for himself this way?
How does he communicate these decisions to his buddies in order to take advantage of this information?

Flesh out your CT, or it will eventually fall apart like most CT's.

 

[bluesmoke]

I've actually maintained this conspiracy theory for some time now. He just says and does things that throws the stock market into disarray for awhile in order to make money for himself and his buddies. It's a good con.

I don't know about the CT part, but a number of players know how to work these kinds of announcement/interventions to buy/sell then when the price plays out sell/buy. By the time the story gets out about how all this works, what stock should have been bought or sold, it's too late for most "investors" to get in on the game. But they try, much to the profit of those already in, but not to the profit of the latecomers and often at a loss.

 

[noonereal]

the minor stock market correction is over.

minor correction?

The market has been flat, completely flat since January of 18. Good grief man. Know what you post about.

 

[Bucky]

minor correction?

The market has been flat, completely flat since January of 18. Good grief man. Know what you post about.

I have been an investor in beyond meat, the market has not been flat for me!

 

[Ikari]

How does Trump make money for himself this way?
How does he communicate these decisions to his buddies in order to take advantage of this information?

Flesh out your CT, or it will eventually fall apart like most CT's.

Buying and selling stocks. And his iphone.

 

[Condor060]

Well, I hate to disagree but that would assume he knows what he's doing; he doesn't. Watching trump manage our Countries Business is like watching a room full of dizzy children playing pin the tail on the donkey.

I wish you guys would make up your minds about Trump. One day he is a genius able to outsmart the FBI, DOJ, 19 lawyers on Muellers team, Congress, all while taking out Epstein in federal custody and working with Putin behind the scenes while everyone around him is going to prison for his crimes. The next minute he's a dopey loon.

While all that is going on we have numbers never attained before in the history of this country like unemployment, stock market, and jobs. It's those see saw claims that kills the credibility of the hate Trump crowd.

 

[Grand Mal]

“health, safety, national security and other factors”

A couple guesses about those other factors:

1. Giving manufacturers a chance to reposition their factory locations and supply lines.

2. Keeping China off balance. "Carrot and stick"

Reposition factory locations and supply lines? What does that mean?

 

[AliHajiSheik]

Buying and selling stocks. And his iphone.

He owns very, very few stocks and shows no stock transactions on his latest disclosure form. Your CT isn't doing well.

 

[Condor060]

minor correction?

The market has been flat, completely flat since January of 18. Good grief man. Know what you post about.

After 146 historical highs in the stock market and a 48% increase since he took office, how high did you expect the stock market to go? Obama's 17,000 kind of pales in comparison to Trumps 27,000 don't you think.

 

[Condor060]

Buying and selling stocks. And his iphone.

So now Trump is able to control the markets? That would mean he is the reason for the 146 historical highs and a 46% increase in the stock market since he took office gong from Obama's 17,000 to Trumps 27,000. Glad you finally came around.

 

[Ikari]

He owns very, very few stocks and shows no stock transactions on his latest disclosure form. Your CT isn't doing well.

Pfft, disclosure forms. WTF would he need those for? He's rich, he's got buddies. So he gets in with some friends and let's them know when he's about to **** things up or when he's gonna band-aid things so the market can rebound. They perform all the transactions, Trump takes his cut.

It's not that hard.

We can make it bigger. He invents all this extra drama, stages Russian collusion outrage and racist rhetoric to rile people up, get us fighting each other, while he can perform his financial scams in the background without being noticed.

 

[azgreg]

Buying and selling stocks. And his iphone.

Plus he's down in Maralago almost every weekend.

 

[noonereal]

i have been an investor in beyond meat, the market has not been flat for me!

lol

............

 

[AliHajiSheik]

Pfft, disclosure forms. WTF would he need those for? He's rich, he's got buddies. So he gets in with some friends and let's them know when he's about to **** things up or when he's gonna band-aid things so the market can rebound. They perform all the transactions, Trump takes his cut.

It's not that hard.

We can make it bigger. He invents all this extra drama, stages Russian collusion outrage and racist rhetoric to rile people up, get us fighting each other, while he can perform his financial scams in the background without being noticed.

Don't forget his influence on the SEC to hide all these things you think he is doing helping friends short stocks, etc. If you are going to create a fantasy, you still need a lot to flesh it out. And you'll need to add in the people who log all Presidential calls so that the calls to friends aren't logged.

Still weak CT.

 

[noonereal]

After 146 historical highs in the stock market and a 48% increase since he took office, how high did you expect the stock market to go? Obama's 17,000 kind of pales in comparison to Trumps 27,000 don't you think.

Put this in the excuses for TRump failures thread

thanks

 

[Ikari]

Don't forget his influence on the SEC to hide all these things you think he is doing helping friends short stocks, etc. If you are going to create a fantasy, you still need a lot to flesh it out. And you'll need to add in the people who log all Presidential calls so that the calls to friends aren't logged.

Still weak CT.

The SEC doesn't matter, if he isolates himself well enough there's nothing the SEC can do. Completely irrelevant. And why do people need to "log his calls". He doesn't have to use the phone in the oval office. He can use anything from his cell, to a burner, to talking with pals while on one of his many many many many many golf trips.

You're trying to add actors in where they need not be.

 

[PirateMk1]

USTR removes some items from list of new China tariffs, citing '''health, safety, national security'''

The Trump put is here. And just like that, the minor stock market correction is over.

Hmm a trading trend.