Trump: All Tariffs Are Still In Effect! | Crypto Craft

  • Trump: All Tariffs Are Still In Effect!

    From @realDonaldTrump

    [truth_social_post=115114339832960282;0]ALL TARIFFS ARE STILL IN EFFECT! Today a Highly Partisan Appeals Court incorrectly said that our Tariffs should be removed, but they know the United States of America will win in the end. If these Tariffs ever went away, it would be a total disaster for the Country. It would make us financially weak, and we have to be strong. The U.S.A. will no longer tolerate enormous Trade Deficits and unfair Tariffs and Non Tariff Trade Barriers imposed by other Countries, friend or foe, that undermine our Manufacturers, Farmers, and everyone else. If allowed to stand, this Decision would ... (full story)

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FXWish
Aug 30, 2025 12:14am
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Time has come for the whole world to boycott all American products and lets see what happens?
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The Fool
Aug 30, 2025 9:31am
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https://www.msn.com/en-us/money/mark...l_article_link

"...Trump undermined his own legal case for emergency tariffs by insisting the economy was strong while simultaneously declaring an "economic emergency" to justify them."

Anyway, Trump has stacked the SCOTUS with monarchists who will always give King Trump whatever he wants. I'd be shocked if they don't reverse the appeals court ruling. If they don't, though, the US will have to reimburse Hundreds of $billions in taxes already collected. It'd be interesting to see the market reaction then...
The Fool
Aug 30, 2025 2:58pm
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Well, it would be better if he just strokes out suddenly, whenever that may be. If he spirals down into dementia, he will just keep babbling about rigged elections, the evil windmills, etc, and the Trumpist propaganda outlets will humor him until he's actually drooling. It'll be sad to watch.....
NotAtrader
Aug 30, 2025 2:09am
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All this is exhausting the market close to beyond recovery. Big money is to be made by the traders around the world. I guess there should be a major correction at some point...... probably soon. Be prepared for that.
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The Fool
Aug 30, 2025 9:20am
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The Fed just sets the overnight rate - this is the target rate at which commercial banks lend money to each other. The actual overnight rate changes slightly, based on actual transactions. This rate will have the most effect on short term US Treasury note/bill rates and other short term debt instruments. Rates for longer term debt, like the 20/30 yr UST bonds and mortgages, is set more by actual market supply & demand.

The Fed cut 100 bps in late 2024, but the 20/30 yr bond rate has not gone down, it's actually slightly higher now than it was when the Fed stopped cutting. There are things that Trump is doing that will spook the bond market, and that means rates would go up. His meddling with the Federal Reserve is not going to be well-received. His bullying tariff schemes could alienate most sovereign nations and they could stop buying US debt. This could happen at a time when the US is issuing more and more debt, in order to fund the government and make continuing debt interest payments. The latter is now pushing 15% of the total annual US budget. More supply and less demand means rates would have to go up.

Donald Trump has impressive powers as POTUS and he's constantly trying to expand those, but he won't be able to bully the bond market.
Dutchy Daxy
Aug 30, 2025 9:45pm
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Quoting Windstrown
{quote} He has his final card to play, as a master defaulter his all life he will default america on their debt claiming it's the best for the country and that he is smart and everyone else is stupid. I feel bad for everyone buying american bonds thinking they are worth anything
Inserted Video
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The Fool
Aug 30, 2025 10:49pm
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Quoting PabloPicass
So know what you think gold go where ?
If there's any kind of real chance most of the tariffs could be reversed, there will be some short-term volatility, but generally, risk markets would celebrate. However, I'd guess this is just so much more uncertainty, so that is positive for gold. US equities have been printing new ath's in the face of the tariffs, so it's hard to see anything that can stand in the way of the bull run. Except, some serious doubt about the AI/cloud computing dream. That is what has been floating US stocks. That is a bubble that is definitely going to deflate, imo, but calling when that is going to happen is nothing more than guesswork. I'd say goldbugs are ok, for now....
Zebi
Aug 30, 2025 6:22am
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Quoting Schultz
{quote} Technical point and I'm happy to be corrected - aren't mortgages in the USA based on long term rates? That is, traditionally banks borrow short (like your deposits at the bank which get low interest) and lend long - 20 or 30 years, at more like 10 or 30 year T-Bond rates, plus a risk premium? So I'm not sure what influence the Central Bank rate has on mortgages in the USA. (I say Central Bank because it is different in different countries). Easy, being a bank, eh?
yes youre correct ...the most popular mortgages are 15 and 30 year fixed mortgages so if some maga retard tries to refinance one of those because of a quarter point cut theyll still pay more because of refinance fees

Refinancing a mortgage typically costs 2% to 6% of the new loan amount, or approximately $4,500 to $18,000 on a $225,000 loan. These costs include various fees such as application fees, appraisal fees, title insurance, and loan origination fees, which can vary depending on the lender, loan type, and your financial situation. You may have the option to roll these costs into your loan or pay a higher interest rate to reduce upfront expenses.

the only people that may benefit are new buyers or people with adjustable mortgages but thats even doubtful since mortgage rates may go up instead of following the fed cut
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The Fool
Aug 30, 2025 2:37pm
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Actuarial Life Table

https://www.ssa.gov/oact/STATS/table4c6.html

The table captures a lot of actual demographic data. It shows that a male aged 80 actually only has a 6% chance of immediate death, and probably will live another 8 years, on average.

It's the number of years that one has lived with any comorbidities that really brings the life expectancy down. DJT probably been living with morbid obesity for 15-20 years or more, so there's that. Otoh, he's always had the best medical care that money can buy, was never a smoker or drinker, so that's on the plus side.

Death comes for all of us...

"Well I've seen battlefields white with human ivory
Noble Dukes and Princes, stripped of flesh and finery
When the crows have done their job,
They say that's the time for me.
Sam Jones deliver them bones...."

Inserted Video
Windstrown
Aug 30, 2025 4:06am
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Quoting NotAtrader
All this is exhausting the market close to beyond recovery. Big money is to be made by the traders around the world. I guess there should be a major correction at some point...... probably soon. Be prepared for that.
September probably final leg up before the storm. Data (manipulated or not) continues to present strong levels which will keep the charade going. When layoffs start hitting on the news that is when we have to worry
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Schultz
Aug 30, 2025 10:03am
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Some email commentary I receive from Dr. Komal Sri-Kumar at https://srikumarglobal.com/ It isn't anything that hasn't been written here already, really, and adds an angle.

.....longer-term yields would likely rise, not fall. Why? Because politicized easing would raise the term premium. Investors will demand compensation for an elevated inflation risk, for a heavier Treasury supply pipeline, and for the prospect that today’s “easy policy” becomes tomorrow’s credibility problem. The result would be a steeper yield curve — lower on the front end but higher on the 10s and 30s—the very configuration I have repeatedly warned about.

That steepening would create a quandary for the administration, which has indicated repeatedly that it wants lower long-term yields to make mortgages cheaper and to reduce US debt service cost. How do you force down the long end after you have spooked it? One answer already being floated in policy circles is Yield Curve Control — administratively capping specific Treasury yields with as much Fed purchases as necessary.

....and then he goes on to talk about how that would be a really bad thing to do. It has been done in the 1940s.
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ww3361
Aug 30, 2025 12:45am
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Quoting FXWish
Time has come for the whole world to boycott all American products and lets see what happens?
Too late for that. Virtually no slack in the global economy atm. Choice has become an unobtainable luxury.

The boycotter would risk their own demise.

Give Trump everything he wants, trigger a run on sovereign debt and the USD. Trigger the greatest depression we've seen. Only way out of this now, I think.
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The Fool
Aug 30, 2025 1:31am
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So, Trump is not dead?
OutThere
Aug 30, 2025 11:35pm
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The whole thing is just one colossal dumpster fire.
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sydap2017
Aug 30, 2025 3:45am
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So let's see how this plays out for US citizens.
Let's assume the tariffs will stay and the Fed cuts the rate.
So American consumers will benefit from lower mortgage repayments, but will suffer a double whammy for whatever they import - the tariff tax and then a lower USD making these imports even more expensive.
Exporters though should benefit from a lower USD making them more competitive and if imports fall because Americans and/or businesses just cannot afford the higher costs, then the trade deficit should decrease.

In the meantime I'll keep trading my counter-trend trading strategy and hope any major corrections stay manageable.
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TraderTero
Aug 30, 2025 6:36am
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Quoting Zebi
{quote} yes youre correct ...the most popular mortgages are 15 and 30 year fixed mortgages so if some maga retard tries to refinance one of those because of a quarter point cut theyll still pay more because of refinance fees Refinancing a mortgage typically costs 2% to 6% of the new loan amount, or approximately $4,500 to $18,000 on a $225,000 loan. These costs include various fees such as application fees, appraisal fees, title insurance, and loan origination fees, which can vary depending on the lender, loan type, and your financial situation....
The problem is that people who locked in their rates at 3-4% some years ago, are not willing to sell their homes with the current rates as the mortage would be so much more expensive with current rates. This has a negative affect on the housing markets.
NotAtrader
Aug 30, 2025 11:43am
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Quoting FXWish
No confirmation if Trump is alive, White House refuses to show proof of life. JD Vance wearing extra eye liner.
I think they tried a brain replacement which went wrong... So will remain Trumpty Dumpty!
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giveachance
Aug 30, 2025 10:15pm
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Quoting The Fool
Well, it would be better if he just strokes out suddenly, whenever that may be. If he spirals down into dementia, he will just keep babbling about rigged elections, the evil windmills, etc, and the Trumpist propaganda outlets will humor him until he's actually drooling. It'll be sad to watch.....
surely he is not dyeing peacefully with the sins he has done
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Polimini
Aug 30, 2025 3:28am
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Quoting NotAtrader
All this is exhausting the market close to beyond recovery. Big money is to be made by the traders around the world. I guess there should be a major correction at some point...... probably soon. Be prepared for that.
this won't matter, it won't change anything until the SC decides and we all know what they will decide. Useless noise in this case
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Polimini
Aug 30, 2025 6:01am
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Quoting Schultz
{quote} Technical point and I'm happy to be corrected - aren't mortgages in the USA based on long term rates? That is, traditionally banks borrow short (like your deposits at the bank which get low interest) and lend long - 20 or 30 years, at more like 10 or 30 year T-Bond rates, plus a risk premium? So I'm not sure what influence the Central Bank rate has on mortgages in the USA. (I say Central Bank because it is different in different countries). Easy, being a bank, eh?
You'll never pay less for your mortgage than the 10 year bonds, it wouldn't make sense otherwise. And FED's decision on rates influence those obviously.
Although it could happen that banks don't lower it when rates go down, it wouldn't make sense either unless they would all agree on it, and that would be illegal.
Reply
Schultz
Aug 30, 2025 4:35am
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Quoting FXWish
Time has come for the whole world to boycott all American products and lets see what happens?
It would only enhance Trump's objective to turn the USA into a closed, hermit economy.

On an individual level, there is not much choice. Leading export industries include petroleum products (Exxon), aircraft (Boeing), electronics (Apple, Intel, Qualcomm), machinery, chemicals, and pharmaceuticals (Pfizer).

Within that, in electronics is Apple or Intel. So that's something, but remember that Apple is mostly manufactured in Asia, with profits being taxed in Ireland.
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Schultz
Aug 30, 2025 4:46am — Edited
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Quoting sydap2017
Let's assume the tariffs will stay and the Fed cuts the rate. So American consumers will benefit from lower mortgage repayments, but will suffer a double whammy for whatever they import - the tariff tax and then a lower USD making these imports even more expensive. .
Technical point and I'm happy to be corrected - aren't mortgages in the USA based on long term rates? That is, traditionally banks borrow short (like your deposits at the bank which get low interest) and lend long - 20 or 30 years, at more like 10 or 30 year T-Bond rates, plus a risk premium?

So I'm not sure what influence the Central Bank rate has on mortgages in the USA. (I say Central Bank because it is different in different countries).

Easy, being a bank, eh?
Reply
Schultz
Aug 30, 2025 7:33am
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Quoting Zebi
{quote} yes youre correct ...the most popular mortgages are 15 and 30 year fixed mortgages so if some maga retard tries to refinance one of those because of a quarter point cut theyll still pay more because of refinance fees Refinancing a mortgage typically costs 2% to 6% of the new loan amount, or approximately $4,500 to $18,000 on a $225,000 loan. These costs include various fees such as application fees, appraisal fees, title insurance, and loan origination fees, which can vary depending on the lender, loan type, and your financial situation....
Thanks. In Australia all mortgage rates change when the central bank changes -> banks change their rate.

That is, variable. So, any change in central rates has more bite than in the USA. If you compare central banks rates, Australia went up slower and less than the USA, for that reason.

I have no idea how our banks work. True. I can only guess why all rates change - I think fixed are available, but at a big premium to variable, so everyone chooses variable..

Anyway, this gets back to the original post by Sydap2017 who would be correct if it was Australia, but not USA. All clear now. I think.

For the avoidance of doubt (Polimini) the long bond rates are market driven - they may go either up or down with a reduction in the central banks rate.

The number $225K is mentioned. That's pretty sweet. In Australia, the median house is about AUD$912,563. Give or take a whisker. Huge supply problems, very political.
Latest House & Unit Prices Across Australia: August 2025

Back to normal programming.
Reply
Windstrown
Aug 30, 2025 9:38am
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Quoting The Fool
https://www.msn.com/en-us/money/mark...l_article_link "...Trump undermined his own legal case for emergency tariffs by insisting the economy was strong while simultaneously declaring an "economic emergency" to justify them." Anyway, Trump has stacked the SCOTUS with monarchists who will always give King Trump whatever he wants. I'd be shocked if they don't reverse the appeals court ruling. If they don't, though, the US will have...
He has his final card to play, as a master defaulter his all life he will default america on their debt claiming it's the best for the country and that he is smart and everyone else is stupid. I feel bad for everyone buying american bonds thinking they are worth anything
Reply
Trader#436F
Aug 30, 2025 6:37am
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Quoting Zebi
{quote} yes youre correct ...the most popular mortgages are 15 and 30 year fixed mortgages so if some maga retard tries to refinance one of those because of a quarter point cut theyll still pay more because of refinance fees Refinancing a mortgage typically costs 2% to 6% of the new loan amount, or approximately $4,500 to $18,000 on a $225,000 loan. These costs include various fees such as application fees, appraisal fees, title insurance, and loan origination fees, which can vary depending on the lender, loan type, and your financial situation....
I'm a smart MAGA. I got my interest rate refinanced (2.36%) when they were at an all time low before Biden screwed up the housing market with his inflation and mass illegal immigration policies. It's nice to know rates will slowly come back down again so other new homeowners aren't paying banks more interest on the home of their dreams.
Reply
FXWish
Aug 30, 2025 10:09am
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Indian news papers posted this ....
Attached Image (click to enlarge)
Click to Enlarge Name: 20250830_190905.jpg Size: 741 KB
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FXWish
Aug 30, 2025 10:25am
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No confirmation if Trump is alive, White House refuses to show proof of life. JD Vance wearing extra eye liner.
Reply
giveachance
Aug 30, 2025 10:12pm
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Quoting FXWish
Time has come for the whole world to boycott all American products and lets see what happens?
why dont we boycott shitty dollar as well
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giveachance
Aug 30, 2025 10:14pm
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Quoting TraderTero
{quote} He is alive. Just went to play golf.
lol from tariffman to golfman
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Schultz
Aug 30, 2025 9:49am
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Why he didn't go through Congress in the first place is interesting.

Is he someone who is afraid to ask in case they say no?
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Trader#05D7
Aug 30, 2025 7:16am
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Quoting The Fool
So, Trump is not dead?
NO! Because Trump is NOT The Fool!
Reply
TraderTero
Aug 30, 2025 2:48pm
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Quoting The Fool
Actuarial Life Table https://www.ssa.gov/oact/STATS/table4c6.html The table captures a lot of actual demographic data. It shows that a male aged 80 actually only has a 6% chance of immediate death, and probably will live another 8 years, on average. It's the number of years that one has lived with any comorbidities that really brings the life expectancy down. DJT probably been living with morbid obesity for 15-20 years or more, so there's that. Otoh, he's always had the best medical care that money can buy, was never a smoker or drinker,...
80 years old have usually been retired for many years instead of working on a very hectic and demanding job. He doesn't look like being very well. They are probably pumping him fulll of steroids and that's why he has those black marks on his hands.
Trader#D190
Aug 30, 2025 3:15am
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It's always about partisan ship with Americans these days, you have to wonder if they love their country or are willingly trying to make it burn. Especially the politicians, they're overtly corrupt and nobody cares.
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TraderTero
Aug 30, 2025 11:10am
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Quoting FXWish
No confirmation if Trump is alive, White House refuses to show proof of life. JD Vance wearing extra eye liner.
He is alive. Just went to play golf.
FXWish
Aug 30, 2025 11:54am
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Quoting NotAtrader
{quote} I think they tried a brain replacement which went wrong... So will remain Trumpty Dumpty!
Hahaha yes
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Trader#3E0B
Aug 30, 2025 2:30pm
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Hopefully everyone understands that this has no effect on markets. Will go to Supreme Court and and the tariffs will be upheld. News broke on Friday while stocks were still trading, nothing moved movement from this.
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PabloPicass
Aug 30, 2025 3:07pm
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So know what you think gold go where ?
Reply
Trader#3FAA
Aug 30, 2025 12:42am
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Hey Kim Jong Don, more propaganda for your xenophobic disciples to froth on.. And you DO have a small penis, regardless of what the sycophants tell you....
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Trader#A306
Aug 30, 2025 12:55am
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Got blezz tarips!
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Trader#E14A
Aug 30, 2025 1:41am
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major dollar selloff is about to happen on Sunday
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Trader#4E39
Aug 30, 2025 4:08am
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hold Gold
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Trader#8B7B
Aug 30, 2025 4:15am
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2 scenarios for those massive tariffs, 1.they negatively effect us economy and cause a recession. 2. the tarriffs get absorbed and us courts deflected those gov rulings.
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Trader#6165
Aug 30, 2025 5:26am
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Is Trump alive?
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Trader#80F7
Aug 30, 2025 8:01am
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Hahaha no rate cut till 2027 kekekeke someone is going to be so mad ….. ;p
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