Trump signs executive order imposing additional 25% tariff on India | Crypto Craft
Added at 6:59am
Added at 7:05am

  • Addressing Threats to the United States by the Government of the Russian Federation

    From whitehouse.gov

    By the authority vested in me as President by the Constitution and the laws of the United States of America, including the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) (IEEPA), the National Emergencies Act (50 U.S.C. 1601 et seq.), section 604 of the Trade Act of 1974, as amended (19 U.S.C. 2483), and section 301 of title 3, United States Code, I hereby determine and order: Section 1. Background. Executive Order 14066 of March 8, 2022 (Prohibiting Certain Imports and New Investments With Respect to Continued Russian Federation Efforts To Undermine the Sovereignty and Territorial Integrity of ... (full story)

Added at 7:09am
Added at 7:09am
Comment Options
Vancarbon
Aug 6, 2025 11:07am
Permalink
Quoting Trader#E254
{quote} Sorry, why exactly do you , or anyone here, think you can speak for the “world”? Obviously everyone is entitled to their own opinion, however the actual facts do not reflect the overwhelming sentiment posted every single day here. The US is doing very well, investors worldwide are desperately buying US stocks and US bonds. Look back at comments here from the last three months. 99% of posters here were completely, utterly, and provably wrong. Stock and bond prices are where they are, fact. It’s also a fact almost everyone here said current...
You’re letting sentiment cloud your judgement . It’s fine being patriotic , however sometimes you have to listen and acknowledge the reverberations in the room . I’m not here to speak for anyone , hopefully they have the linguistic skills and knowledge to speak for themselves .

“ Trade what you see “ , not what you think . Trade risk/reward ratios . I’m not buying anything at these levels , if you are that’s fine .
Reply
noza
Aug 6, 2025 5:32pm
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India dont care and now many countries dont care anymore, Trump can play his tariff game himself and ruin US economy
Reply
Js3mwtRc
Aug 6, 2025 7:21am
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Seems he's holding the bigger (100%) one for later! No taco here!
Reply
The Fool
Aug 6, 2025 11:54am
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LOL
Inserted Video
Trader#2479
Aug 6, 2025 7:13am
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This idiot does not know what he is doing to the US economy, He will regret later
Reply
The Fool
Aug 6, 2025 12:17pm
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It's silly to talk about "the average American" in the context of financial markets. Because they don't matter. The US could go into a recession (probably will) and the stock markets would still rally. The markets are dominated by a few large companies that mostly trade with each other. They are riding the AI/cloud computing wave. Nobody on Main Street is buying NVDA's Blackwell chips. Unemployment can continue to rise and stocks will go up. Ever notice how, when somebody like META lays off 25,000 workers, META stock goes up? OK, basic idea about efficiency, META makes the same or more profits with less expense for labor. The "average American" family does not own stocks, does not trade forex or crypto, and does no matter in the markets. When AI has displaced a few million jobs a year, and people start bombing the AI robots that took their jobs, then check back.
The Fool
Aug 6, 2025 6:15pm
Permalink
AI Overview
A significant majority of publicly traded US stocks are held by a relatively small percentage of the population, with the wealthiest households owning a disproportionately large share. Specifically, the richest 10% of households own roughly $42.7 trillion in stock market wealth, while the bottom half of households own less than half a trillion, according to Inequality.org.
Here's a more detailed breakdown:
Concentration of Ownership:
.
A large portion of stock market wealth is concentrated in the hands of a few. The Federal Reserve data shows that the richest 10% of households own a vast majority of the stock, while the bottom half owns very little.
Top 10%:
.
The wealthiest 10% of U.S. households own the vast majority of the stock market wealth, with the richest 1% alone holding a substantial portion, according to Inequality.org.
Bottom 50%:
.
In contrast, the bottom half of U.S. households own a relatively small amount of stock market wealth, according to Inequality.org.
Income Correlation:
.
Stock ownership is strongly correlated with income. Higher income households tend to own more stock, and the wealthiest households own the vast majority of the stock, according to Gallup News.
Indirect Ownership:
.
A substantial portion of stock ownership is indirect, through retirement accounts like 401(k)s and mutual funds.
Overall Ownership:
.
While stock ownership is not limited to the wealthy, a significant portion of Americans, particularly those with lower incomes, do not own stocks.
Dutchy Daxy
Aug 6, 2025 7:10pm
Permalink
Quoting The Fool
AI Overview A significant majority of publicly traded US stocks are held by a relatively small percentage of the population, with the wealthiest households owning a disproportionately large share. Specifically, the richest 10% of households own roughly $42.7 trillion in stock market wealth, while the bottom half of households own less than half a trillion, according to Inequality.org. Here's a more detailed breakdown: Concentration of Ownership: . A large portion of stock market wealth is concentrated in the hands of a few. The Federal Reserve data...
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Reply
Vancarbon
Aug 6, 2025 11:25am
Permalink
Quoting Trader#A2D5
{quote} You are confused, you have been to the US enough to speak on the issue. The majority of Americans don’t care what people in other countries think. You can be offended and disagree with their view, but the fact remains that posting everyday that America’s standing in other countries has some effect on Americans lives or financial markets is incorrect. Prices would not be where they are if people cared.
Maybe that’s the issue .

If they don’t care , and the government doesn’t care that leaves a lot to be desired . Likewise, you also don’t speak for the majority of Americans , it’s your opinion, you’re stating.

I’ve never seen America so divided, in all honesty . We all inhabit this cylindrical piece of stardust, for a finite amount of time . We haven’t really evolved much considering the 0.00001 seconds we’ve been on this planet .
Reply
Schultz
Aug 6, 2025 7:39am
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I recently bought a box of products from India on eBay. Seller was very polite in communications and advised that should I want more I'd better hurry before the door slams shut.

I said I'm not from the US.

So, they know.
Reply
Schultz
Aug 6, 2025 9:55am
Permalink
Quoting Trader#BD20
{quote} And if that ends up hurting India in any significant way? That’s a huge win for Trump, proves that anyone who fights back gets crushed. They are playing with their future. The US as a whole will not suffer any great consequences from reduced trade with India. Watch what happens to the Indian government if the US says they will cancel current and future hb1 for Indians, they are desperately flocking to the US if you bother to look at the numbers.
Hello anonymous MAGA trader with no name probably a bot

Make up your own mind. This is below in italics is a quote. They don't care. Trump is poison. Huge win for Trump? Perhaps in his own messed up head he can crush India, or China for that matter. Pfft.

The US accounts for just 14% of Chinas exports. pfft. Trump does not understand what a percentage means. I don't know what the figure is for India. No, I can't be bothered - if they were significant you would have said.

India’s former finance secretary, Subash Garg, told CNBC’s “Inside India” that he doesn’t see a trade deal happening with the U.S. “Our positions are so different that there is very little possibility of a reconciliation.”

Garg said that India should let the threatened 25% tariff take effect. “If there is an American demand, they will buy and let American consumers and the importers pay the tariff. Let them bear that.” Any loss of exports can be made up by domestic consumption, or by finding other export markets, he added.
Reply
Schultz
Aug 6, 2025 10:08am
Permalink
Quoting clockwork71
{quote} There goes tech support? I also wonder how this influences Toronto? lol
See my response immediately above this.

People in the rest of the world are getting really really tired of America's abundant superiority complex. I think it is known as exceptionalism.

Goes down like a lead balloon.

It is the US and her people who will pay the most, like Nth Korea or Cuba. The rest of the world will keep on turning and happily trading with each other.

Just wait and see if the US doesn't rely on other countries, even "small" ones. Let's see how the US goes without Australian beef. But that won't happen - prices are too high.
Reply
Schultz
Aug 6, 2025 7:36pm
Permalink
Quoting Dutchy Daxy
Even if India and U.S. eventually reach a tariff deal, the trust is most likely gone:
There are a couple hundred other countries in the world, too.

But as a MAGA bot so kindly pointed out in post #32,

The majority of Americans don’t care what people in other countries think.
Reply
thesaint9
Aug 6, 2025 1:21pm
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Besides oil, India is very self-reliant. Their goods exports to the US, excluding services, are modest. But oil is a very important component for Indian consumers. So it seems to be an easy decision for India to eat up the tariffs. Eventually, American companies will have to transfer the cost to consumers, so it makes sense for other countries not to react in the short term.
Reply
PatienceFx
Aug 6, 2025 8:58pm
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Truth with facts

Inserted Video
Reply
clockwork71
Aug 6, 2025 9:39am
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Quoting Schultz
{quote} And this is something noticed by India in what I read yesterdays and posted elsewhere - India is pretty annoyed on this point and says that it is no longer willing to negotiate. Gives the US the bird.
There goes tech support? I also wonder how this influences Toronto? lol
Reply
Dutchy Daxy
Aug 6, 2025 7:27pm
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Even if India and U.S. eventually reach a tariff deal, the trust is most likely gone:

Evan Feigenbaum from Carnegie Endowment for International Peace says what President Trump has done to India in terms of tariff threats and blaming it for assisting Russia in its war with Ukraine by purchasing its oil are seen hypocritical in India and risks hurting the bilateral relations in a profound way.

EU & China can/do buy oil from Russia but India not?
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Reply
Vancarbon
Aug 6, 2025 10:37am
Permalink
Quoting Trader#E5AA
{quote} Maybe cover your horrible losing trades shorting the US. You have been completely wrong, so admit it before you go bankrupt shorting stocks. You won’t have to come here everyday spouting nonstop nonsense.
I wish people would stop saying this . As a trader I’m sure he’s more than capable of distinguishing between a personal opinion and a trading strategy .

His final two paragraphs in his last comment are a true reflection on the current sentiment outside of the US . I’ll praise Trump when he makes wise decisions and the opposite when he doesn’t .

It’s that simple .
Reply
Vancarbon
Aug 6, 2025 11:55am
Permalink
Quoting Trader#F78C
{quote} I said the majority, not all. I’ve been here my whole life, worked many places, talked to countless people. Never in my life have I ever seen Americans fretting over how the world views them. IMO humans have regressed, actually devolving, mostly due to broken education, outsourcing the middle class, and social media. Musk would have a hard time proving the human race should survive by establishing colonies on Mars. Just to point out, you have never once said you were long stocks since April, but you mentioned a few times you were short....
Good for you 35T ( I know that style of prose anywhere) . I got stopped over the 6000 levels and have been playing the range ever since. Some nice daily ranges and monthly targets also effective.

Have a good evening now . Time for a beer
Reply
Vancarbon
Aug 6, 2025 11:58am
Permalink
Quoting The Fool
LOL https://www.youtube.com/watch?v=kRh1zXFKC_o
I was going to comment during my tête-à-tête with 35T on that video TF , it somehow felt derogatory in the moment.
Reply
Schultz
Aug 6, 2025 9:03am
Permalink
Quoting Trader#BF75
Trump and Europe can do business with Russia. But not China and India.
And this is something noticed by India in what I read yesterdays and posted elsewhere - India is pretty annoyed on this point and says that it is no longer willing to negotiate. Gives the US the bird.
Reply
Schultz
Aug 6, 2025 6:38pm
Permalink
I'm always something of a fan of pro-rata (?) statistics. Break them down to relative levels rather than absolute.

What % of individual wealth do each quartile have invested in equites, kinda thing.

I also have reason to believe that large portfiolios would be hedged appropriately. Not so for relatively small holdings.
Reply
Schultz
Aug 6, 2025 7:23pm
Permalink
Quoting Trader#2E8C
{quote} How many of the world’s top companies are from the inbred criminal country, also known as Australia?
Nothing really. Belly button lint compared to the almighty powerful United States of America!

One Australian born and bred man has tended to evoke much trepidation and fear amongst many world leaders, though. His sister used to live 15 minutes from where I now live.

Rupert Murdoch.
Reply
Trader#BF75
Aug 6, 2025 7:03am
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Trump and Europe can do business with Russia. But not China and India.
Reply
ZakTheMak
Aug 6, 2025 7:43am
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Trump loves to be in the news, not a day goes by where he isn't attacking someone or something.
Reply
DonFF
Aug 6, 2025 8:55am
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Quoting Trader#BF75
Trump and Europe can do business with Russia. But not China and India.
LOL

American diplomacy is like child's play pen stuff!
Reply
LightchaserG
Aug 6, 2025 7:09am
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Inventory is higher, so price should go down, i reckon. Let's see 20min. till numbers
Everyone do not give a Hoot about TACO comments no more.
Reply
Mafia
Aug 6, 2025 11:47am
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great move. this will hurt india badly
Reply
magicgate
Aug 6, 2025 1:32pm
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Wolf: you are guilty only because I want to eat. He grabbed the lamb and dragged it into the dark forest.
Reply
Trader#6EFF
Aug 6, 2025 8:15am
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Monkey
Reply
Trader#D584
Aug 6, 2025 8:28am
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Lower interest rates higher stocks low unemployment, King Trump just keeps winning and making everyone here angry. Excellent.
Reply
clockwork71
Aug 6, 2025 9:42am
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Quoting DonFF
{quote} LOL American diplomacy is like child's play pen stuff!
The biggest economy and the WRC makes this statement irrelevant. For example, the Canadian economy is roughly 7% of the US' economy. They don't really matter. India is a partner that the US doesn't really rely on either.
Reply
SoftPorridge
Aug 6, 2025 7:03am
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To the moon
Reply
Trader#EC87
Aug 6, 2025 7:01am
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Bloody f*ucker is screwing all. Finally his a** will burst
Reply
Trader#676C
Aug 6, 2025 7:03am
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for real . india say " i dont give the f*ck. shit head "
Reply
Umarch10
Aug 6, 2025 8:50am
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No more DOUBLE games for India now
Reply
Trader#BD20
Aug 6, 2025 9:19am
Permalink
Quoting Schultz
{quote} And this is something noticed by India in what I read yesterdays and posted elsewhere - India is pretty annoyed on this point and says that it is no longer willing to negotiate. Gives the US the bird.
And if that ends up hurting India in any significant way?
That’s a huge win for Trump, proves that anyone who fights back gets crushed. They are playing with their future. The US as a whole will not suffer any great consequences from reduced trade with India. Watch what happens to the Indian government if the US says they will cancel current and future hb1 for Indians, they are desperately flocking to the US if you bother to look at the numbers.
Reply
clockwork71
Aug 6, 2025 9:38am
Permalink
Quoting Trader#EC87
Bloody f*ucker is screwing all. Finally his a** will burst
Hahaha. Not likely.
Reply
Trader#E5AA
Aug 6, 2025 10:17am
Permalink
Quoting Schultz
{quote} See my response immediately above this. People in the rest of the world are getting really really tired of America's abundant superiority complex. I think it is known as exceptionalism. Goes down like a lead balloon. It is the US and her people who will pay the most, like Nth Korea or Cuba. The rest of the world will keep on turning and happily trading with each other. Just wait and see if the US doesn't rely on other countries, even "small" ones. Let's see how the US goes without Australian beef. But that won't happen - prices...
Maybe cover your horrible losing trades shorting the US. You have been completely wrong, so admit it before you go bankrupt shorting stocks. You won’t have to come here everyday spouting nonstop nonsense.
Reply
Trader#E254
Aug 6, 2025 10:51am
Permalink
Quoting Vancarbon
{quote} I wish people would stop saying this . As a trader I’m sure he’s more than capable of distinguishing between a personal opinion and a trading strategy . His final two paragraphs in his last comment are a true reflection on the current sentiment outside of the US . I’ll praise Trump when he makes wise decisions and the opposite when he doesn’t . It’s that simple .
Sorry, why exactly do you , or anyone here, think you can speak for the “world”? Obviously everyone is entitled to their own opinion, however the actual facts do not reflect the overwhelming sentiment posted every single day here. The US is doing very well, investors worldwide are desperately buying US stocks and US bonds. Look back at comments here from the last three months. 99% of posters here were completely, utterly, and provably wrong. Stock and bond prices are where they are, fact. It’s also a fact almost everyone here said current prices were impossible. I don’t see anyone admitting they were wrong. Just doubling down every day hoping and praying for a crash that never happened. How is that conducive to trading?
Reply
Trader#A2D5
Aug 6, 2025 11:13am
Permalink
Quoting Vancarbon
{quote} You’re letting sentiment cloud your judgement . It’s fine being patriotic , however sometimes you have to listen and acknowledge the reverberations in the room . I’m not here to speak for anyone , hopefully they have the linguistic skills and knowledge to speak for themselves . “ Trade what you see “ , not what you think . Trade risk/reward ratios . I’m not buying anything at these levels , if you are that’s fine .
You are confused, you have been to the US enough to speak on the issue. The majority of Americans don’t care what people in other countries think. You can be offended and disagree with their view, but the fact remains that posting everyday that America’s standing in other countries has some effect on Americans lives or financial markets is incorrect. Prices would not be where they are if people cared.
Reply
Trader#F78C
Aug 6, 2025 11:32am
Permalink
Quoting Vancarbon
{quote} Maybe that’s the issue . If they don’t care , and the government doesn’t care that leaves a lot to be desired . Likewise, you also don’t speak for the majority of Americans , it’s your opinion, you’re stating. I’ve never seen America so divided, in all honesty . We all inhabit this cylindrical piece of stardust, for a finite amount of time . We haven’t really evolved much considering the 0.00001 seconds we’ve been on this planet .
I said the majority, not all. I’ve been here my whole life, worked many places, talked to countless people. Never in my life have I ever seen Americans fretting over how the world views them.

IMO humans have regressed, actually devolving, mostly due to broken education, outsourcing the middle class, and social media. Musk would have a hard time proving the human race should survive by establishing colonies on Mars.

Just to point out, you have never once said you were long stocks since April, but you mentioned a few times you were short. I’m doing the same as I said a month ago. Buy dips with a stop, 100% success rate so far. There has not been a pullback followed by another big leg down to cause a stop out. Trading is a lot easier when you trade in the direction of the trend. Who knows, maybe someday we will get a sell off. But calling one everyday for many months seems pointless.
Reply
Trader#BE38
Aug 6, 2025 12:03pm
Permalink
Quoting Vancarbon
{quote} Good for you 35T ( I know that style of prose anywhere) . I got stopped over the 6000 levels and have been playing the range ever since. Some nice daily ranges and monthly targets also effective. Have a good evening now . Time for a beer
As long as it’s not room temperature beer
Reply
Trader#88CC
Aug 6, 2025 12:25pm
Permalink
More stupidity and lies from communists.

“Sixty-two percent of Americans in 2025 report owning stock”
“According to Gallup, 87 percent of U.S. adults with a household income of $100,000 or higher own stocks”
Reply
Trader#8057
Aug 6, 2025 5:48pm
Permalink
All his tariff's on India is exempted for Pharma, Semiconductor & Electronics. So it will not impact India much but it spoils the relation between two countries. Russian oil helps Indian economy. Instead of dealing with this egomaniac its better to be friend with Russia and find some other partners to do trade deal. In future BRICS will float own reserve currency. Then you cant sanction anyone.
Reply
Trader#F4CD
Aug 6, 2025 7:08am
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now india need to treat usa GOODS same tarrifs
Reply
Trader#799F
Aug 6, 2025 7:20am
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IS it now 50% total or just ratifying the previous announcement?
Reply
Trader#0DBB
Aug 6, 2025 7:30am
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no peace for Russian Oil. Not buying the Russian oil will stop the war.
Reply
Trader#6537
Aug 6, 2025 8:01am
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Great news for the best and most powerful country in the world, stocks up again new all time highs any day now.
Reply
Trader#A306
Aug 6, 2025 8:55am
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Modi overplayed his cards. He is fired!
Reply
Trader#E700
Aug 6, 2025 10:45am
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gas will be $1 soon bois
Reply
Trader#5EF9
Aug 6, 2025 11:28am
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Good
Reply
Trader#2E8C
Aug 6, 2025 12:07pm
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Quoting The Fool
LOL https://www.youtube.com/watch?v=kRh1zXFKC_o
How many of the world’s top companies are from the inbred criminal country, also known as Australia?
Reply
Trader#8057
Aug 6, 2025 5:21pm
Permalink
Modi is like - its not my circus and not my monkey.
Reply
Trader#F76B
Aug 6, 2025 8:18pm
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U.S. Paying Billions of Dollars to Russia's Nuclear Agency
Reply
Trader#F4CD
Aug 6, 2025 7:01am
Permalink
good move
Reply

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