Oh dear. In spite of Orange Julius’s economic advisers (the ones he hasn’t fired yet, anyway) telling him that this was just about as good an idea as pissing on an electric fence…
There’s a new tariff in town!
June 10th, United States will impose a 5% Tariff on all goods coming into our Country from Mexico
Real Donald Trump Twitter ^ | May 30, 2019
Posted on 5/30/2019, 6:50:28 PM by SMGFan
On June 10th, the United States will impose a 5% Tariff on all goods coming into our Country from Mexico, until such time as illegal migrants coming through Mexico, and into our Country, STOP. The Tariff will gradually increase until the Illegal Immigration problem is remedied,..
….at which time the Tariffs will be removed. Details from the White House to follow.
*************
great
1 posted on
5/30/2019, 6:50:28 PM by
SMGFan
To: SMGFan
KaBOOM
The screaming starts in…3, 2, 1…
4 posted on 5/30/2019, 6:52:27 PM by Regulator
Oh, I don’t think you’re going to have to wait that long…
To: SMGFan
market down right now on the news.
Yeah – just a tad.

I have started closing positions at the end of the day because these tweets just really roil it.
9 posted on 5/30/2019, 6:55:11 PM by RummyChick
Do they, now?
To: SMGFan
I think he is getting a little wild with tariffs. He is going to shock the economy. Too much too fast never goes well.
84 posted on 5/30/2019, 7:37:39 PM by Sequoyah101 (It feels like we have exchanged our dreams for survival. We just hava few days that don’t suck.)
(skipping about a hundred posts about how only avocados and tequila are going to get more expensive)
One Freeper points out the obvious.
To: MeganC
You do realize that Mexico actually won’t pay he tariffs, right? China doesn’t pay the tariffs either. The American businesses that import the goods actually pay the tariffs. That’s how a tariff works. It’s not like a Mexican truck full of avocados is now going to get charged a 5% tax at the border. The importer pays that when it gets delivered and hen they pass that on to the store and they pass that on to you.
92 posted on 5/30/2019, 7:44:17 PM by NELSON111 (Congress: The Ralph Wolf and Sam Sheepdog show. Theater for sheep. My politics determines my “hero”)
So – how’s ya’ll’s 401Ks doing these days?
More below….
Continue reading “Today on Tommy T’s Obsession with the Freeperati – Cheeto Bandito edition”