Trump sparks trade war with huge tariffs; 10% for Argentina

[VINO]

I thought Milei and Trump had some special relationship?? We got the same deal as Venezuela and Brazil and all the other countries in South America. So much for friendship. It just goes to show you that Trump does not really care about Milei.

Trump sparks trade war with huge tariffs; 10% for Argentina

Argentina, Brazil and most other countries in the region to face 10% reciprocal tariffs; US president’s trade tariffs likely to kick off global trade war, but Milei will seek exception.

www.batimes.com.ar

 

[Larry]

I thought Milei and Trump had some special relationship?? We got the same deal as Venezuela and Brazil and all the other countries in South America. So much for friendship. It just goes to show you that Trump does not really care about Milei.

Trump sparks trade war with huge tariffs; 10% for Argentina

Argentina, Brazil and most other countries in the region to face 10% reciprocal tariffs; US president’s trade tariffs likely to kick off global trade war, but Milei will seek exception.

www.batimes.com.ar

All those wasted trips. I guess the only thing that Milei will get for sucking up is some billions from the IMF bail out. But Milei is a moron for celebrating 10%. Colombia, Brazil, and everyone else. And those Presidents have told Trump what an imbicile he is. Let's face it. Milei is very dumb.

 

[tylerx]

Although Milei and Trump have a good relationship, this issue with tariffs shows that economic decisions are usually based more on global strategies than on personal ties. The 10% tariff imposed on Argentina, along with other countries in the region, could seriously affect exports to the U.S., especially in sectors like steel and aluminum. But Milei will probably try to use his connection with Trump to secure an exemption and minimize the impact. In the end, this shows how trade policies can affect even the closest allies, so we’ll have to wait and see what happens.

 

[FuturoBA]

Just saw this but who knows what will happen

 

[earlyretirement]

Let's see but at this rate everyone is going to hate Trump. LOL.

 

[CraigM]

 

[Betsy Ross]

View attachment 9021

🤣 I don't mind this crash. I hope it goes lower. I sold all my stocks a few months ago. I feel like a genius. Now the tough part is how long do I wait to buy again. I wonder how far things crash.

 

[Larry]

Milei is a moron. That idiot flew all the way to the USA again to accept another fake award and Trump even refused to be photographed or see him. Hilarious.

Pese a la expectativa, Javier Milei no consiguió reunirse con Donald Trump en Estados Unidos

El presidente norteamericano llegó a Mar-a-Lago anoche, pero no participó del evento en el que estaba el argentino y se fue a su residencia; “Fue una cuestión de agenda. Son cosas que pasan”, dijo una fuente oficial

www.lanacion.com.ar

 

[CraigM]

Milei is a moron. That idiot flew all the way to the USA again to accept another fake award and Trump even refused to be photographed or see him. Hilarious.

Pese a la expectativa, Javier Milei no consiguió reunirse con Donald Trump en Estados Unidos

El presidente norteamericano llegó a Mar-a-Lago anoche, pero no participó del evento en el que estaba el argentino y se fue a su residencia; “Fue una cuestión de agenda. Son cosas que pasan”, dijo una fuente oficial

www.lanacion.com.ar

Since you missed it the first time Larry 🙂

 

[Avocado]

Milei is a moron. That idiot flew all the way to the USA again to accept another fake award and Trump even refused to be photographed or see him. Hilarious.

Pese a la expectativa, Javier Milei no consiguió reunirse con Donald Trump en Estados Unidos

El presidente norteamericano llegó a Mar-a-Lago anoche, pero no participó del evento en el que estaba el argentino y se fue a su residencia; “Fue una cuestión de agenda. Son cosas que pasan”, dijo una fuente oficial

www.lanacion.com.ar

I posted since last year what a waste of money it is flying Milei and his sister around the world for fictitious awards. He never learns his lesson. How much did he spend taking that trip? I heard that he didn't go because Trump had a problem with his helicopter. Let's just hope Milei doesn't have a problem with his helicopter when he has to leave the Casa Rosada!

 

[FuturoBA]

Let's see but at this rate everyone is going to hate Trump. LOL.

I think he's posturing and using it as leverage to try to secure better terms, but also the other countries know it, so we'll see how it plays out. It's like game of chicken of who blinks first. And Trump not meeting w Milei could be so as to not tip his hand so soon. But again who knows.

 

[Betsy Ross]

I think he's posturing and using it as leverage to try to secure better terms, but also the other countries know it, so we'll see how it plays out. It's like game of chicken of who blinks first. And Trump not meeting w Milei could be so as to not tip his hand so soon. But again who knows.

Maybe but at a certain point you have to turn things around. He will have egg on his face now if he tries to turn around after China did not back down. It's too little too late. This is how trade wars start which do not benefit anyone in the short term. I see some conditions now with the IMF loan and China. The more time that passes before that IMF loan comes the worse it will be.

Really no one knows what will happen. I am just glad I cashed out. I think I will slowly start buying back into my S&P 500 index fund this week or next week.

 

[Bingo]

Saw this locally. Trump is going to blow things up for Argentina.

 

[Finance Prof]

A bit of good news. Secretary of the Treasury of the USA is coming down to Argentina.

Scott Bessent visitará Argentina para respaldar las reformas económicas de Milei

El secretario del Tesoro de los Estados Unidos, Scott K.H. Bessent, arribará a Buenos Aires el próximo 14 de abril, en una visita de alto perfi...

derechadiario.com.ar