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  • Trump: Any country trying to replace USD will face tariffs

Added at 8:30pm

Added at 8:31pm

  • #1
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  • Jan 30, 2025 8:45pm Jan 30, 2025 8:45pm
Today"s afternoon tariff threat (25%) netted a 130 pt loss in the /nq in a couple of minutes. Tonight's (100% threat) only resulted Ina 60pt loss. Maybe the next (400%? tariff) will only be 30 pts down?

I guess the market kind of laughs at BRICS anyway, so maybe that is why there was so little reaction to such commentary...who knows.
  • #2
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  • Jan 30, 2025 9:03pm Jan 30, 2025 9:03pm
Corner a dog in a dead-end street and it will turn and bite.

Restrictions were put on China on AI, DeepSeek evolved. It's a matter of time.

A child needs to learn or a grown up becomes a child.
  • #3
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  • Jan 30, 2025 9:17pm Jan 30, 2025 9:17pm
BRICS MEANS NOTHING
  • #4
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  • Jan 30, 2025 9:18pm Jan 30, 2025 9:18pm
  •  Trader#9C58
  • | Status: Unregistered Trader
the world is more advanced today tariffs and sanctions breeds innovation, this is a long term loss for the US but they are in a hole they cant get out of and by squeezing every other country everyone collapses not just the US. bad times ahead.
  • #5
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  • Jan 30, 2025 9:43pm Jan 30, 2025 9:43pm
Quoting Guest
the world is more advanced today tariffs and sanctions breeds innovation, this is a long term loss for the US but they are in a hole they cant get out of and by squeezing every other country everyone collapses not just the US. bad times ahead.
I guess a few things are important: 1) no new tariffs are actually in place yet (threatening is "free"....though it may shake markets. 2) Trump is only in office 4 years....the world won't collapse THAT quicky...riiiight?? 3) initially, it the world innovates, that may be a good thing for humanity (albeit perhaps more painful for equity markets).

I am sure the sme thing was said about every 'empire' and strong nation of the past, but I really don't see the US losing the 'top spit' in global power during my lifetime. This is still a young nation and the sheer amount of money flowing through it is staggering (compared to the rest of the world). China COULD surpass the US, but has many obstacles to overcome first (and those are highly unlikely with the government system in place). No other country is even close. So, where does that leave all of us as traders? I think you know the answer, like it or not....

Ignore the noise and chest thumping. Look to history. Trump's first term was pretty uneventful for markets. Until COVID, the markets were fairly unidirectional ("typical" pullback, and the Sep-Dec 2018 drawdown aside). It wasn't quite the 2009-2015 "only goes up" market, but perhaps this term will offer more of the same upward momentum? Time will tell.
  • #6
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  • Jan 30, 2025 9:47pm Jan 30, 2025 9:47pm
Quoting BillyIdol
BRICS MEANS NOTHING
Not true: it is an acronym for the early member countries of "Brazil, Russia, India, China, and South Africa".

Just playing. I think the market (having done nothing on the Trump comments) just told us all we need to know about A) BRICS legitimacy and B) the likelihood that the dollar loses ground as the world's currency.
  • #7
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  • Jan 30, 2025 9:48pm Jan 30, 2025 9:48pm
LOL
Trading since 2008 - Quality, Integrity, and Verified Results
  • #8
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  • Jan 30, 2025 11:45pm Jan 30, 2025 11:45pm
Quoting BillyIdol
BRICS MEANS NOTHING
"Billyleftish" maybe we should send all the immigrants with tariffs into Poland aswell
  • #9
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  • Jan 30, 2025 11:50pm Jan 30, 2025 11:50pm
SAD! The orange impact color code is already in use on FF, would be so perfect for Trump quotes. Maybe use this one instead as an emoji?
Attached Image (click to enlarge)
Click to Enlarge Name: b5bff0b3f3def034.png Size: 2 KB
  • #10
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  • Edited 1:04am Jan 31, 2025 12:53am | Edited 1:04am
Trump did not realize yet that tariffs are paid by the consumer, not by the exporter.
Trying to impose tariffs in order to move consumers away from imports is no solution because, in most cases, there are currently no adequate substitutes in the US. The consumers will end paying more for the same imported goods.
  • #11
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  • Jan 31, 2025 12:59am Jan 31, 2025 12:59am
Quoting billyidol
brics means nothing
BRICS GDP (PPP) is above G7 GDP (PPP), LOL
  • #12
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  • Jan 31, 2025 2:08am Jan 31, 2025 2:08am
It’s a matter of time. The more he tries to use force on countries the further away they will get from US. Nations want partners and what Trump does is anything but partnership.
  • #13
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  • Jan 31, 2025 2:14am Jan 31, 2025 2:14am
Trump-et
  • #14
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  • Jan 31, 2025 3:00am Jan 31, 2025 3:00am
America's old-fashioned bullying and sabotaging techniques are obsolete. As of today, I'm pro-China and anti-US. China promotes growth, cooperation, and open trade with everybody and everyone. The US is imposing tariffs and sanctions, destabilizing countries and regions, overthrowing governments, suppressing other countries' potential, taking part in genocide, threatening to invade other countries etc.
For the benefit of the world, we need to shift to China which by the way is unstoppable. China will become the biggest economy and the US as always will try to start a war with them.
  • #15
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  • Jan 31, 2025 5:21am Jan 31, 2025 5:21am
Quoting Nick.
America's old-fashioned bullying and sabotaging techniques are obsolete. As of today, I'm pro-China and anti-US. China promotes growth, cooperation, and open trade with everybody and everyone. The US is imposing tariffs and sanctions, destabilizing countries and regions, overthrowing governments, suppressing other countries' potential, taking part in genocide, threatening to invade other countries etc. For the benefit of the world, we need to shift to China which by the way is unstoppable. China will become the biggest economy and the US as always...
very well said my guy
  • #16
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  • Jan 31, 2025 5:36am Jan 31, 2025 5:36am
Yes , he hasn’t quite mastered the art of diplomacy.
  • #17
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  • Edited 7:35am Jan 31, 2025 6:05am | Edited 7:35am
Quoting Nick.
America's old-fashioned bullying and sabotaging techniques are obsolete. As of today, I'm pro-China and anti-US. China promotes growth, cooperation, and open trade with everybody and everyone. The US is imposing tariffs and sanctions, destabilizing countries and regions, overthrowing governments, suppressing other countries' potential, taking part in genocide, threatening to invade other countries etc. For the benefit of the world, we need to shift to China which by the way is unstoppable. China will become the biggest economy and the US as always...
Not sure where you get the idea that China promotes open growth/trade. They have one of the most restrictive markets in the world - basically a closed shop. In addition, they have funded/subsidised several industries (one namely steel) to undercut the rest of the global market such that they have a near monopoly. This in addition to bribing and infiltrating a number of countries esp. in Africa. Whilst the USA is no angel, a world with an omnipotent China could look a lot more sinister.
  • #18
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  • Jan 31, 2025 6:32am Jan 31, 2025 6:32am
He needs exit liquidity, to switch to btc as reserve currency ;-)
Salmei, Dalmei, Adomei!
  • #19
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  • Jan 31, 2025 6:56am Jan 31, 2025 6:56am
power of god
  • #20
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  • Jan 31, 2025 7:11am Jan 31, 2025 7:11am
I wonder if he actually understands anything about international trade.
Contracts can be written with any currency or multiple currencies as a basis of valuation and settlement. For simplicity, often contracts are written in US$ but unlike in the past where banks had to hold boat loads of US$ to settle these contracts, this isn't the case. BRIC banks have been reducing their holdings of US$ as a reserve currency and adding gold!

https://www.gold.org/goldhub/data/go...MaAmu-EALw_wcB

https://en.wikipedia.org/wiki/List_o...hange_reserves
  • #21
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  • Jan 31, 2025 8:01am Jan 31, 2025 8:01am
  •  Trader#5E4A
  • | Status: Unregistered Trader
Trump starts negotiations with a hand grenade. Its a tactic to put opponents off their game. The elites don't know what they are dealing when Trump does this, which is a tactical advantage for America. When Trump makes public statements that seem outrageous, its intentional.

Trumps voters like him because he isn't like the elite or the privileged class. The more he upsets the NWO - the more his voters like him.
  • #22
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  • Jan 31, 2025 8:05am Jan 31, 2025 8:05am
Trump is just a bully who can't do anything for the good of the US. A genuine businessman only relies on power to make a profit. But the world has changed, China can beat the US in economic and technological growth so Trump's tricks will not bring good to the US.
Follow price direction
  • #23
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  • Jan 31, 2025 8:19am Jan 31, 2025 8:19am
US GDP reported yesterday 2.2%
Russia GDP 3.6%
China GDP 4.6%
BRIC GDP 4%
The race was won, the US simply doesn't realize it yet.
  • #24
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  • Jan 31, 2025 8:37am Jan 31, 2025 8:37am
Quoting Guest
Trump starts negotiations with a hand grenade. Its a tactic to put opponents off their game. The elites don't know what they are dealing when Trump does this, which is a tactical advantage for America. When Trump makes public statements that seem outrageous, its intentional. Trumps voters like him because he isn't like the elite or the privileged class. The more he upsets the NWO - the more his voters like him.
This is not even about Trump anymore. Every administration with a few exceptions adopted detrimental foreign policies. Detrimental to the other nations involved that is.
There needs to be a balance cause at the moment US is a monopoly. Just look how much resistance it's applied to every country that tries do do a project with China.
All you hear from the US is; you can't make business with China, you can't cross our borders you can't have our technology, you can't trade in other currencies, you can't have nukes. Just constant suppression.
I think the global south has had enough and they are shifting their policies. Europe wake up!!!
  • #25
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  • Jan 31, 2025 8:58am Jan 31, 2025 8:58am
Quoting dantpm
US GDP reported yesterday 2.2% Russia GDP 3.6% China GDP 4.6% BRIC GDP 4% The race was won, the US simply doesn't realize it yet.
the wild card is accurate data, there is very little reason to believe any of the information that countries are willing to share with each other, not unlike a game of global poker but it is a legitimate observation for retail traders. i personally do not aspire to threats, but this is what i call, "the onion strategy" we are going to have 4 years of sabre rattling, real objectives are rarely going to be on the surface.
"The Rich Never Pay Retail"
  • #26
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  • Jan 31, 2025 9:00am Jan 31, 2025 9:00am
Quoting dantpm
US GDP reported yesterday 2.2% Russia GDP 3.6% China GDP 4.6% BRIC GDP 4% The race was won, the US simply doesn't realize it yet.
"My account was up by 5000% today!!!!, I made $100 on my $2 starting investment!!!" Percentages sometimes don't tell the whole story
  • #27
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  • Jan 31, 2025 9:08am Jan 31, 2025 9:08am
Quoting Nick.
{quote}This is not even about Trump anymore. Every administration with a few exceptions adopted detrimental foreign policies. Detrimental to the other nations involved that is. There needs to be a balance cause at the moment US is a monopoly. Just look how much resistance it's applied to every country that tries do do a project with China. All you hear from the US is; you can't make business with China, you can't cross our borders you can't have our technology, you can't trade in other currencies, you can't have nukes. Just constant suppression....
Even if that were to occur, it would take decades (if not hundreds of years) for the shift to fully occur. I think you are safe in keeping the US and China at the top of the table for a while.

As for your comments, remove the "nukes" bit and it might be a bit more sound. No country (let alone all) should feel the need to possess world-ending power. Putting the toothpaste back into the tube is darn near impossible, but at the very least, I'd rather see a weapon if mass destruction behind a military paywall that dwarfs the next 70 countries combined vs. in the hands of a region changing leadership every few weeks.

The US policy has been similar to all past global leaders in business or politics). Once at the top, you do you can to stay there for as long as possible. Eventually, if you don't innovate, you lose the top spot. Since there are no 'trust busters' in global politics, then war usually is required to break the monopoly. The problem is that no countries can AFFORD the kind of war it would take (militarily), so the future will likely see cyber wars breaking out. I am just hoping I am long gone before that begins
  • #28
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  • Jan 31, 2025 9:20am Jan 31, 2025 9:20am
Quoting Vancarbon
Yes , he hasn’t quite mastered the art of diplomacy.
"the onion strategy", the objective is rarely on the surface.
"The Rich Never Pay Retail"
  • #29
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  • Jan 31, 2025 12:44pm Jan 31, 2025 12:44pm
Must read....
https://www.amazon.com/Boy-Who-Cried-Wolf/dp/0689874332

Eventually, a bully's bluster is seen through, and he looks weak and frightened. In the markets, I think this is already happening. We'll see, though - I had thought risk markets would pull back when the actual tariffs are imposed, and the counter-measures are seen, etc. Not so sure now.

Trump's bellowing about BRICs (apropos of what, specifically?) makes him look weak, makes the USA look desperate.
"If The Fool persists in his Folly he will become wise." - William Blake
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  • Posted: Jan 30, 2025 8:30pm
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 29  /  Views: 10,884

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