SMB that imports from China is facing a 54% increase in cost rn and Trump wants to take it to 104%.

They don't have the cash flow for that inventory. Either increase prices by 50-100% or go bankrupt.

It will be the summer of bankruptcy.

6 months of planning and it’ll just be blanket 20% bc Donald likes big numbers and Lutnick showed him a bar chart

Anytime this bloviating bucket shop halfwit is on TV, the mkt goes down

Every utterance is bs

These ppl don’t even know their own policies or what the legislation says

20% additional tariff on China

25% tariff on MX and CA for non-USMCA goods, which is 56% of those imports

Bessent knows that everything is lower bc of growth fears and he's actively saying they're going to cool the economy

idk if he's realized but Americans can't hit a sell button and short the US economy for a profit

this halfwit still thinks he's on the campaign trail

the snip-snap-snip-snap tariff "policy" just shows complete ineptitude; markets sold off for a reason

these guys have 0 goals. "we want it all made in the US". Even Emperor Xi has specific plans when he doles out the propaganda.

lmao

does Howard Lutnick think his base watches CNBC?

Not a single investor believes a word he's saying

Charlotte remains stuck in purgatory

Lakers are going all in on Luka.

LeBron is gonna take a paycut this summer to go after 1 more ring

Also, Lakers are good at developing late round talent, so it’s not much of an issue, esp since we’re looking for depth

Just a bunch of Lakers hater

We got Luka and have LeBron

Who cares if we gave up an extra pick for a potential starting center

LeBron will take a big pay cut, so we’ll have cap space for FAs