Hey what do you want to know about tariffs, this economy rn, and...everything? hmu and we'll see if we can answer it on the air. - ThreadSky

kairyssdal.bsky.social • 72 days ago

Hey what do you want to know about tariffs, this economy rn, and...everything?

hmu and we'll see if we can answer it on the air.

Comments

chemmefatale.bsky.social•72 days ago

Are there any "too big to fail" entities that are affected by this either tangentially or directly?

marker-maker.bsky.social•72 days ago

Are there any regulations, regulatory agencies and staff left to prosecute abusers of the recent market conditions? Is impeachment applicable to Trump for crashing the market intentionally and benefitting from it?

nllaeder.bsky.social•72 days ago

Let’a assume Canada and Mexico/South America can hold out long enough to make it hurt bad.

How long will it take for our “market” to reset to a more American-centered model?

Will this happen in time for American farmers to stay solvent?

dapokerninja.bsky.social•72 days ago

How do you pronoun PANICAN? pani-KAHN or PANI-can?

esquandolas.bsky.social•72 days ago

Realistically how long can we expect the US dollar to remain the world’s currency when it appears that we are ceding that to the EU. And the more complicated question for those of us here in the US - what then?

ebethkay.bsky.social•72 days ago

Is there a primer on how a tariff goes from prop at a speech to someone getting a receipt? Like is there a memo sent to import locations or …? And do the tariffs apply to things that were already shipped but not yet through customs?

off2cdwzrd.bsky.social•72 days ago

Kai has covered this already. Yes, tariffs apply to things ordered but not yet through customs. They are taxed upon arrival. And he often has a guest on who is a person who monitors tariff policy and advises her client companies how and when to comply. I recommend listening to Marketplace every day.

ebethkay.bsky.social•72 days ago

Thank you! I can’t listen every day but this is the place to find out.

off2cdwzrd.bsky.social•51 days ago

Did you hear Marketplace yesterday where Kai covered FTZs? Fascinating...

funmandave.bsky.social•72 days ago

What’s the timeframe for various industries to onshore manufacturing if they started this month?

Implied question: how likely are they to do so given the uncertainty inherent in Trump’s whims?

jendarra.bsky.social•72 days ago

Can I impose tariffs on the paramedics? I mean, they never purchase emergency medical rescue services from me, so that’s unfair, right?

helenasea.bsky.social•72 days ago

If nothing changes (i.e. he keeps all the tariffs and possibly even adds more) won't the market just keep tanking?

finn-cak.bsky.social•72 days ago

When will unemployment numbers and other indicators catch up and show the carnage?

scrappyaf.bsky.social•72 days ago

Yes, this. I’m self employed and am taking a big hit - how is someone like me counted?

freedomfarter.bsky.social•72 days ago

Are there any existing laws that can rein this in? What about the existing trade agreements that this is flying in the face of?

alexfalcone.bsky.social•72 days ago

The one thing I know about tariffs is that in Ferris Bueller's Day Off the teacher says that the Smoot–Hawley Tariff Act didn't work. But that word "act" suggests it was an actual law. How come it used to be congress's domain and now one guy can just flip the economy-ruiner switch on his own?

mudsludge.bsky.social•72 days ago

How about the best way to invest our money to stabilize it against the incoming inflation

fiorinics.bsky.social•72 days ago

And recession

seewithtwoeyes.bsky.social•72 days ago

I doubt you'll get financial advice from Kai, they've said on the show before to "consult a financial advisor" because giving financial advice can create liability.

forbenjamin.bsky.social•72 days ago

What’s this rumor about the Trump administration trying to refinance our national debt? How would that even work?

adams-hurta.bsky.social•72 days ago

What's the safest investment asset in this new economic-political era? Is there one? (Really seems that all the Bogelhead style "just put it in a general index fund" theories might not hold anymore!)

courtesytone.bsky.social•72 days ago

For the time being, might we replace the wah wah trombones with…..the sound of explosive diarrhea?

juliannc.bsky.social•72 days ago

question: will the tariffs only hurt the people who are in the stock market because I keep hearing that only 50% of Americans own stocks so that means that everybody else will be OK, right? 🤦‍♀️🤦‍♀️🤦‍♀️🤦‍♀️🤦‍♀️

skipdesjardin.bsky.social•72 days ago

Trump says billions have already come in. Will the public ever see a real accounting? How soon? How often? Which department would report that revenue?

tommirga.bsky.social•72 days ago

Did Liberation Day damage US trade relations irreparably, no matter which party holds power in the future?

salome7veils.bsky.social•72 days ago

What happens if china starts dumping us debt? How likely are they to do that, even as retaliation?

splendidbauble.bsky.social•72 days ago

Inflation is caused by too many dollars chasing too few goods, but sometimes things just get more expensive. Tariffs will make things more expensive and have an inflationary impact. Does any set of numbers tell us what is actually inflation versus things actually just getting more expensive?

jakeofnotrades.bsky.social•72 days ago

Investors pulled money out of stocks in the past week. Where did it go?

ferrarajc.bsky.social•72 days ago

Does Congress have the ability to repeal the tariffs that Trump has put in place or are they powerless to intervene?

diogenetics.bsky.social•72 days ago

How could anyone involved, knowing what they know, have let this happen?

boonrs.bsky.social•72 days ago

I was going to put an offer in on a house last week, but held off. Any tradeoffs to consider as we decide whether to wait and see, or move forward?

boonrs.bsky.social•72 days ago

In wondering about how impacts mortgage rates, housing stock, and taking on a large house payment when all of our everyday expenses are about to increase.

parrfamily.org•72 days ago

My question is why does our glorious president and great leader say that VAT in other countries is unfair but sales tax here is fine?

petco130.bsky.social•72 days ago

What is/was the point of tariffs, esp. done the way they have been? Theoretically and then practically, what gains are there, if any?

And then, is there anything we can do as regular civilians to combat the fiscal nonsense? Or are we just here to lament without control?

senatornyxen.bsky.social•72 days ago

Do higher tariffs promote smuggling of consumer goods? And does higher smuggling of consumer goods promote drug smuggling?

nyssilaia.bsky.social•72 days ago

"help"

perspectivem.bsky.social•72 days ago

What are the forces disincentivizing foreign nations from organizing and implementing policies that isolate the U.S. as retaliation/punishment for the tariffs?

saraivry.bsky.social•72 days ago

I'm a Gen-X'er, single parent, with some savings but not a lot. Will I ever be able to retire and collect social security?

rachyrachface.bsky.social•72 days ago

My 81 year old grandma just inherited a small IRA from my late papa— is it better to withdraw and place in a MMA/CD or reinvest?

Like, I’m scared to check my retirement accounts and I’m like 40 years from that point.

zanot1mj.bsky.social•72 days ago

When will tariffs start being felt in our day to day purchases?

princejvstin.com•72 days ago

Do the "DOGE Cuts" (sic) affect the government's ability to actually collect tariff revenue?

danang.bsky.social•72 days ago

kbremote.bsky.social•72 days ago

What does a factory worker in China make?
You know, one of those human beings turning the tiny screws. The jobs that we're bringing back to America!
Does any American actually want those jobs?
If these factory jobs actually paid good wages...what are we going to be paying for phones and clothes?

kbremote.bsky.social•72 days ago

What are the times, since McKinley, that the US has instituted major tariffs? And...for each of those instances, how did the economy respond?
Is there any basis in real life for Trump's claims?

sillin.bsky.social•72 days ago

do interest rates have to go up because tariffs are inflationary or down because of the looming recession

lurkermcgoo.bsky.social•72 days ago

Stagflation trap says… yes hello

kelp767.bsky.social•72 days ago

I think the consensus after the 70's is that you have to deal with inflation first so...up.

abellia.bsky.social•72 days ago

If the reason for the increase is a tax (tariff), no rate increase will help the situation. The (weak) logic of increased rates is to reduce demand. The tax increase should do that all on its own.

kelp767.bsky.social•72 days ago

The issue is that there is a risk of inflation becoming imbedded and continuing to go up after the initial increase (similar to the what oil prices led to in the 70's).

abellia.bsky.social•72 days ago

Hard to say that interest rates are really what dampens inflation. Inflation dampens inflation if you're not pouring money in the other end.

Why people are so convinced that rates drive inflation I don't think I'll ever understand.

kelp767.bsky.social•72 days ago

Also if the tariffs remain in place there will be a lot of economic restructuring which would likely meant the structural unemployment rate would go up. An interest rate that would push it below structural rate would lead to inflation. The fed will probably need to raise to avoid that.

lurkermcgoo.bsky.social•72 days ago

Yep.

parasocialista.bsky.social•72 days ago

Please explain WHY A TRADE IS NOT THE SAME THING AS A BUDGET DEFICIT

parasocialista.bsky.social•72 days ago

I'M SO MAD I FORGOT TO TYPE DEFICIT AFTER TRADE

I FEEL LIKE I'M TAKING CRAZY PILLS

landisweaver.bsky.social•72 days ago

They've put the crazy pills in the water.

pmurray63.bsky.social•72 days ago

It replaced the fluoride.

gosiac.bsky.social•72 days ago

What should I tell my 70 yo mom, who is worried about her IRA, and wants to withdraw her money before the value of it drops even more… wait it out? Or?

spmaginnis.bsky.social•72 days ago

What are the odds congress actually gets enough votes to undo the tariffs?

dkboyd.bsky.social•72 days ago

I saw a report that the Senate already has, but MAGA Mike Johnson the Performative Christian diddled the house rules to the point where they can pretend they aren't obligated to vote on what the Senate sent them.

spmaginnis.bsky.social•72 days ago

Well that stinks

dkboyd.bsky.social•72 days ago

AFAIK the resolution the Senate passed was specific to Canada and Mexico, but the basis of it was denying Frump's power to unilaterally set tariffs because it's not relevant to any real emergency.
https://www.congress.gov/bill/119th-congress/senate-joint-resolution/37/all-actions

sholahoon.bsky.social•72 days ago

What’s the logic of raising tariffs and then raising hell about lowering interest rates?

jswhite13.bsky.social•72 days ago

How long are we supposed to wait for the “benefits” of tariffs to show up? Or maybe a better question, what do you think the line is that will make Congress start doing their part?

markusjonasrieder.bsky.social•72 days ago

I understand the psychology of retaliatory tariffs by other countries but doesn’t that just hurt there consumers also with higher prices?

kenwhite.bsky.social•72 days ago

WTF

david-castaneda.bsky.social•72 days ago

This was my question as well

cursed.monster•72 days ago

Ken that will take too long to cover

tripsnek.com•72 days ago

also curious about this

sararar.bsky.social•72 days ago

grantc3.bsky.social•72 days ago

You're going to need to phrase that in the form of a question.

shenloop.bsky.social•72 days ago

American news media "coins new phrase"

belligan.bsky.social•72 days ago

Seconding this

lurkermcgoo.bsky.social•72 days ago

That’s a good question for him to answer actually

dribrats.bsky.social•72 days ago

"A listener who goes by the name of 'Panican Hat' writes in with a question..."

nategrier.bsky.social•72 days ago

Sir, you forgot your question mark.

mlyon3.bsky.social•72 days ago

You've been pretty straightforward with why this is all a very bad idea...
but could be a great moment for a VAT explainer refresh, since that's getting thrown around a bit.

sanjayg.bsky.social•72 days ago

When Trump says he doesn’t want a trade deficit with any country, is he essentially saying he wants to go back to the barter system?

donneyp.bsky.social•72 days ago

What is the theoretical basis behind this kind of aggressive tariff structure? And where do we go to understand the thinking? Keynes, Lock, Friedman, Marx…. Who proposed this? Is it Just Ron Varo or are there others?

sourboysam.bsky.social•72 days ago

Has there been a time in American history (or even world history, since the industrial revolution) when tariffs were objectively successful?

goodfaitharguments.bsky.social•72 days ago

Planet Money just did an interesting episode on this

https://podcasts.apple.com/us/podcast/planet-money/id290783428?i=1000701962367

goodfaitharguments.bsky.social•72 days ago

Protecting nascent industries as they build up for national security reasons (like boosting the domestic chip manufacturing the Biden admin was doing) make a certain amount of sense. This is obviously not that.

abbykoch.bsky.social•72 days ago

In the last week, I’ve read and listened to a bunch of articles about tariffs and the only example of success that’s been offered is that S Korea imposed tariffs on imported cars in order to give Hyundai a chance to get on its feet. Once it did, tariffs ended. Nothing like this bullshit.

landisweaver.bsky.social•72 days ago

So you are saying a limited thoughtful tarriff might be useful? We are clearly going to for the opposite of that.

seewithtwoeyes.bsky.social•72 days ago

Let's say that a precisely targeted tariff can benefit specific stakeholders - sometimes enough to offset the pushback from consumers and trade partners?

ac74394.bsky.social•72 days ago

Plenty of individual examples of where tariffs have worked to protect a strategic industry/business.

But for the largest economy in the world, ie., the printer of the global reserve currency to take a full protectionist stance -- will never work out well.

joseph-schafer.bsky.social•72 days ago

Hypothetically, how low do our wages need to go to be competitive with Vietnam in shoe manufacturing and Lesotho in manufacturing denim in order to be competitive centers of manufacturing?

And how many persons will die from starvation, exposure, and depressive behavior until we get there?

Thx Kai

nostepfordwife.bsky.social•72 days ago

My burning question is if they are drastically cutting services that my tax dollars fund, where’s my refund and when will my tax rate drop accordingly? Because I’m pretty sure my state taxes are going to skyrocket as a result.

physicsanddata.bsky.social•72 days ago

"where's your refund?"

that is going into the tax cuts for Corps and the other hyper wealthy.

nostepfordwife.bsky.social•72 days ago

Pretty sure it’s going to the new Sovereign Wealth Fund, aka Trump’s Petty Cash.

redmanprime.bsky.social•72 days ago

Why is it so dumb, all the time

nerdy70.bsky.social•72 days ago

What is the prediction on when Republican leadership in congress will start to try to undo some of the tariffs?

ajcaz.bsky.social•72 days ago

What is the path from putting a tariff into place, who or how is the tariff collected, when does it end up in government funds as revenue for the American people, how will consumers know if they are paying the tariff in part or entirely?

emmyinballard.bsky.social•72 days ago

Is the US economy about to freeze up? People stop investing in stock market. Stop buying things. Tariffs freeze the supply chain. Countries stop doing business with the US because they can’t trust what Trump will do next.

emmyinballard.bsky.social•72 days ago

Did this happen: Trump’s chart used bogus numbers. He said Cambodia charges 35% tariffs on US imports. They called Trump and acquiesced to set it at 5%. But in reality it was just 5% all along. He got a “win.”

wernherneumann.bsky.social•72 days ago

If any trade is an exchange of equal value, and one side ends up with more "cash" while the other ends up with an equivalent value of "goods", is there legitimately a problem? Why does the admin think there is?

coffmanesq.bsky.social•72 days ago

I know you like to say that the stock market is not the economy, but that it is economy-adjacent (I said the same to my econ students).

Under present conditions, do you think it is slightly more adjacent than in other cases of market crashes?

mamacancancan.bsky.social•72 days ago

Isn’t it just blatant market manipulation to spread rumors about “pausing” the tariffs (to spike it after buying the low and then resell on the rebound)?

ablativmeatshld.bsky.social•72 days ago

What - and I cannot stress this enough - the actual fuck, Kai?

matty-lynn.bsky.social•71 days ago

Did he put tariffs on Belarus or Russia? Any other country he did NOT put tariffs on? How did he come up with the calculations/what is the math of these tariffs? And does that math make sense?

protanope.bsky.social•72 days ago

yo any thoughts on how the global oligarchic class have bought every viable means (legal, judicial, congressional, media) of actual democracy working in the USA and more generally across the Western world in the past decades while almost no one in mass media seems to want to raise any alarms?

siliconchef.bsky.social•72 days ago

embiggendata.bsky.social•72 days ago

What types of economic models are being used to better understand/predict potential outcomes given current levels of instability? Are they having any success? Agent-based models seem like a good candidate: https://www.inet.ox.ac.uk/news/agent-based-modelling-comes-of-age. Have you seen any tariff models that use them?

corgisandcoffee.bsky.social•72 days ago

How will the tariffs affect the cost of pharmaceuticals, both prescription and OTC?

kelp767.bsky.social•72 days ago

I second this question.

clintofallen.bsky.social•72 days ago

Stagflation and how tariffs impact the feds ability to deal with it.

clintofallen.bsky.social•72 days ago

Sabri answered this quite well.

danie913.bsky.social•72 days ago

What’s in it for them? WHY purposely crash the economy?

elove.bsky.social•72 days ago

what does it look like inside a company right now? how do you quickly make adjustments to your supply chain? is it even possible? how do you react in a strategic way when you never know what tomorrow brings?

painttherosesred.bsky.social•72 days ago

What foods are most likely to see large price increases and does that vary by region of the country?

klausgriz.bsky.social•72 days ago

Can you try and explain Trump's unique math on how tariffs will bring in enough money to allow us to stop paying taxes (as Trump said during the election). Because to me, it would appear it's all just fuzzy math and none of this pencils out.

wmreddy.bsky.social•72 days ago

Which countries are responding, which are not, when does the hammer come down on payments and how are those tariff payments recorded...is any of this believable, or is it all just made-up numbers?

butistherecoffee.bsky.social•72 days ago

How much would a company need to lose in tariffs for it to be more cost-effective to relocate its factory and workforce back to the U.S.? I realize it depends, but generally speaking…

Missed your voice last week.

norcalgardenofeden.bsky.social•72 days ago

Did Trump really just pull a King George on everybody’s working capital in the import/export trade?

Please confirm why I feel like a Bostonian itching for his tea?

etwilkin.bsky.social•72 days ago

Why isn't the void answering my screams?

nmkerr.bsky.social•72 days ago

if the tariffs were to get halted again/reversed by, say, the end of the week, what do you think the long term effects would be? do you think the markets would recover, or has too much faith been broken?

mcsquared20.bsky.social•72 days ago

Are there any backstops for cities if the economy continues to crater and sales tax revenue declines hitting local/state budgets?

19thgrade.bsky.social•72 days ago

Good one

philologon.bsky.social•72 days ago

What do models shows about tariffs? Do any respected models of the US economy show what Trump and Navarro are promising?

philologon.bsky.social•72 days ago

Also ...

Smoot-Hawley tariffs were started at the beginning of the Depression. We are (or were) in a growing economy as of January 2025. Is this difference enough to make the Trump tariffs work where S-H didn't?

julian-amber.bsky.social•72 days ago

Is there any logical path, even vaguely, where Trump's strategy ends up being a good thing?

johnpile.com•72 days ago

Yes, this.

PLEASE ask a bunch of experts to play out the best case scenario. What's the end game?

"Manufacturing returns to US because prices are high enough to pay US workers?" ... doesn't this only work if tariffs are permanent? But even so, high prices would require even higher wages.

johnpile.com•72 days ago

Alternatively, if the goal is to reduce all tariffs and barriers on US exports (as an example, say EU VAT is eliminated and China eliminates all government subsidies) .. can US manufacturing ever be competitive if the playing fields really are totally level?

Best case scenario.

glennh55.bsky.social•72 days ago

My only question is why?

bluethru.bsky.social•72 days ago

A failure and felon who’s every endeavor has been a very stupid get rich quick scheme, all having astoundingly failed, and who is a known liar and grifter and is in debt to the moon and back is going to make a great economy?

How do so many keep falling for his bullshit???

blueneck216.bsky.social•72 days ago

As someone just barely above the bottom of the income scale. What can I do to best insulate myself from everything Trump is doing?

stlgorman.bsky.social•72 days ago

If only you had covered this previously

Jk, you’ve said it until you’re blue in the face and you have the patience of a saint to try to describe it again.

johnmone.bsky.social•72 days ago

If we all learn how bad Smoot Hawley is, why are they doing this through executive fiat, with a formula apparently workshopped with Chat GPT? Is it too simplistic to wonder that there truly is NO endgame?

saneenglish.bsky.social•72 days ago

How 2025 would have looked if we just stayed the course with Biden's industrial policy

beaudaggett.bsky.social•72 days ago

My biggest suspicion is that if we return manufacturing to the US we will need to import low wage workers and foreign experts to run them. Would love to see a number cruncher tell us how many immigrants we would need to feed our consumption.

rmaz.bsky.social•72 days ago

Can states/Gavin Newsome do anything to mitigate the impacts?

ana505.bsky.social•72 days ago

What is the combined Federal, State, and Tariff Tax now?

Choose any of these for a consideration:

Food
Clothing
Medicine
Auto

19thgrade.bsky.social•72 days ago

Why would anyone ever listen to Jamie Dimon ever again?

19thgrade.bsky.social•72 days ago

My husband and I are 3-5 years from retiring with 1 more kid to put thru college. how are we supposed to plan: social security? Medicare? we have (less than last week) retirement savings, some in cash/equivalents, but timing to come back (ever? 5-7 years?) is the worst. Should we try to move 🇩🇰

hopeful695.bsky.social•72 days ago

Don’t pick Denmark it’s got some of the strictest and f’ed up immigration policies. I’m Danish and hoping the Danish government offices will let me bring my American husband with me in a few years (or before if necessary).

US have been good to me for 15 years, then 10 years of questionable times..

hopeful695.bsky.social•72 days ago

These days it’s surrealistic. So many parallels, none of them good.

Starting to consider how much of the constitution can you break and still expect the union to stand? At this point we’re at least at a dozen. Can we “save” by moving power to individual states and minimize federal power.

hopeful695.bsky.social•72 days ago

So many questions! There are days I regret studying for a citizenship test, was planning to, but I’m not even sure they are doing them right now?

Glad I renewed my GC early while Biden was at the helm, even if it was way ahead of time. This was not even a plausible scenario when I landed in 2001

chicken-squawk.bsky.social•72 days ago

Why does the president have the authority to declare a state of emergency on trade when there is no actual emergency (except the one he's creating)?

chicken-squawk.bsky.social•72 days ago

Like, what historical carelessness/sloppiness led to giving the president this unnecessary power

judylalingoptgs.bsky.social•72 days ago

Especially when it appears that he can just make stuff up.

spcareyishere.bsky.social•72 days ago

Are you going to bring back the Stormy Weather intro music?

chipuni.bsky.social•72 days ago

Everyone knows about Smoot-Hawley.

Have there been times when large tariffs have helped the economy of a *developed* country? (I understand if developing countries want to protect domestic industries.)

big-naldo.bsky.social•72 days ago

Why can’t I stop watching the stock market and why do I have an impending sense of doom about a crash? Is that reasonable? What’s the admins end goal, after we cut through their bluster and lies?

gigibff.bsky.social•72 days ago

What do you think the Fed will do? What steps can regular folks take to survive? Especially low income seniors?

richardlooker.bsky.social•72 days ago

Do the math on the utter impossibility of USA running trade surpluses with every friggin country. Also, discuss why onshoring will not likely happen in chaotic, uncertain investment conditions

ctrapper.bsky.social•72 days ago

One thing Kai that I keep asking myself: What would John C. Bogle think about all this. The "set it and forget it" is the prevailing investment strategy for those with 401(k). How much of this is normalcy bias? Does the Trump presidency pose LONG term risks to portfolios?

scotchnwaffles.bsky.social•72 days ago

What happens when tariffs change like they do? Is it chaos at the point of import, are companies having to hire more staff to deal with the fees thus they are more expensive. Basically the bigger picture past the 20% here or 30% there.

miss0line.bsky.social•72 days ago

What kind of power is congress supposed to have to stop them? A bill to repeal them at 60 days if congress doesn’t like them seems toothless and way too slow based on how much damage has been done in the past 2 months.

quacks-anonymous.bsky.social•72 days ago

Let’s say Trump is trying to crash the economy to cause a recession to force Jerome Powell to lower interest rates, allowing the government to pay off debt at a lower interest rate. What does the fed do to prevent stagflation/recession? Should the fed try and protect the world from this insanity?

lilyrm.bsky.social•72 days ago

Why are the markets going back up?

bskew.bsky.social•72 days ago

Is there a crazy outside chance that Trump's plan can actually work? Can anyone illustrate that without make-believe numbers?

lopezspr.bsky.social•72 days ago

Is there any Tariff structure where the unions get what they want? Or is this a fantasy?

jmsantiago.bsky.social•72 days ago

What happens to the funds generated by US tariffs? Is there a law specifying how those funds be spent? Directed by Congress? Or can Trump spend it however he likes? (Like a $92M military parade to celebrate his birthday.)

Who tracks the funds coming in?

kevinbuist.com•72 days ago

Do some deep dive stories about small industries that are essentially destroyed by these tariffs. One that I saw was board games. Basically all of them are made in China. This will kill small firms and drastically raise prices of whatever remains.

atomicanalyst.bsky.social•72 days ago

Is there _any_ historical analogue to what Trump, Lutnick, Bessent, and Hassett are doing to the US and global economy? If so, how did that work out, short-term and long-term?

celticfoxkit.bsky.social•72 days ago

William McKinley BABBBYYYY!!!

And I second this. Please. Begging. 🙏

jaredmpugh.bsky.social•72 days ago

Trump references a time period of 1870-1913 as a benchmark for when our country was great. Could you thoroughly dismantle that stupid notion?

johnpile.com•72 days ago

Talk of trade deficit is focused on goods (manufacturing), but what is the trade situation with services, especially in relation to tech & entertainment? Surely we 'export' more movies, video games, operating systems, software, podcasts, etc, than we 'import'. How do those dollar values compare?

johnpile.com•72 days ago

I understand gov. layoffs represent a fraction of US jobs, & thus shouldn't affect the macro economy, but what are the expected downstream results from the scale of canceled gov. grants & contracts? Also, not enough to matter to the macro? Is it wrong to assume grants primarily pay salaries?

rollingstop.bsky.social•72 days ago

So, if the stock market is declining globally, where does the money go? I assume when people sell they have to do something with the money. But it doesn't seem that any assets are rising. Does that imply that people are just sitting on cash?

seewithtwoeyes.bsky.social•72 days ago

This one's tricky to picture - but stock is priced at whatever the last trade executed at, with a few guardrails to prevent cheating. If my billion dollar company's shares were $1000 each but the last few days had them trading at a dollar, I have a million dollar company today

seewithtwoeyes.bsky.social•72 days ago

That change in valuation holds true even if only a small number of shares changed hands. The company never had a billion dollars cash, just an estimated value based on the sale price of a little slice of it...

So to answer your question, the value was an article of faith, and people lost faith.

cvillecitizen.bsky.social•72 days ago

In relation to tariffs, is it possible for other countries to impose tariffs on US services?

cvillecitizen.bsky.social•72 days ago

How are services “exported”? I would think they would be paid for in country where provided? Does surplus for services ameliorate impact of deficit for goods? (Never took macro economics)

sararar.bsky.social•72 days ago

Has DOGE kneecapped the FDIC yet?

cuberoot1973.bsky.social•72 days ago

The prospects for the legal challenges to the tariffs from corporations, etc. Is Trump’s "national emergency" assertion a legal vulnerability?

asymlog.bsky.social•72 days ago

What does an economy look like where tariffs are determined on your allegiance to a person in power vs market forces? Recommend using a case study of India as a basis for the corrupting effect it has.

Wikipedia has a good once over the world on "Corruption in India."

rorshock.bsky.social•71 days ago

I’ve heard many explanations about why Trump’s plan won’t bring back domestic manufacturing, but almost always from believers in, and beneficiaries of, global free trade. Can you find heterodox or anti-globalization economists to also explain why Trump’s plan is wrong? Thank you

umbrarchist.bsky.social•54 days ago

How long would gearing up to do the manufacturing take?

How long 'til Trump is out of office, one way or another?

theonetruekat.bsky.social•72 days ago

Has imposing large tariffs ever historically increased the long term financial well-being of the country doing the imposing?

cowanon.bsky.social•72 days ago

Even if this were reversed tomorrow, other countries no longer trust the US to lead the global economy. How does that play out?

simonehochgreb.bsky.social•72 days ago

Please compare tariffs, sales taxes and VAT.

vangeloni.bsky.social•72 days ago

Yes, Navarro mentioned VAT this morning and he wants it gone for American goods. What’s the angle there?

simonehochgreb.bsky.social•72 days ago

It is as if China demanded no sales tax for Chinese goods only…sigh.

hopeful695.bsky.social•72 days ago

Wait a minute! Is someone confusing games again. VAT is in the other nations deck so that’s not a card Trump can play!?! He can mess with our own sales tax, other countries can mess with their VAT.

It appears someone thought he got elected to be king of the universe in an absolute monarchy.

anneiled.bsky.social•72 days ago

I would also like to know this

jasecarter.bsky.social•72 days ago

Costs/benefits of the US dollar being the world's reserve currency, and what happens if that changes.

quitebrief.bsky.social•72 days ago

Thanks Kai!
Q:
How does Trump's history of randomly throwing tariffs around and breaking deals allow for the possibility of any resolution?
Or what strategies would other countries use when dealing with a guy that can change his mind at any time, suffering no consequences?

amazingprizzini.bsky.social•72 days ago

how nuts is the CEA's statement on what other country's should do about the tarri's?

https://www.whitehouse.gov/briefings-statements/2025/04/statement-by-cea-chairman-stephen-miran/

seewithtwoeyes.bsky.social•72 days ago

Thanks for sharing - this is thoroughly unhinged

amazingprizzini.bsky.social•72 days ago

Utterly!

moseisleybartender.bsky.social•72 days ago

Is repaying bonds in the hands of the treasury/Trump or in the Federal Reserve/non-Trump. So could Trump, “King of Debt,” stop paying on bonds held by PRC and/or issued during Biden term until bond holders agree to renegotiate the payment?

seewithtwoeyes.bsky.social•72 days ago

Interesting - the idea of the US defaulting on its debts would be a massive shock even by 2025 standards.

davidjorgonson.bsky.social•72 days ago

What's the original source of "Walter Bloomberg"s false information that sent the market upwards? Did Reuters falsely report that, as claimed?

milkipedia.bsky.social•72 days ago

is Goldman Sachs right when they project that the tariffs won't actually happen? What kind of game of chicken are investment banks playing, and how are they hedging?

bogeymachine.bsky.social•72 days ago

Why are bond yields skyrocketing today and isn’t that exactly the opposite of what was expected to happen?

whatapayne.bsky.social•72 days ago

Even if Congress unwinds everything, what does the reputational hit to the US as a predictable place for the world to park its capital do to our economy in the medium to long term? Put another way: when a Dem President has to clean up this latest R economic disaster, what headwinds will they face?

tomdog.bsky.social•72 days ago

Trade deficits. The word “deficit” seems to be Trump’s sticking point. Can they be described in a way that doesn’t make the net-importer sound like they are on the losing end? That might help Econ novices not fear them so much!

mkaprelian.bsky.social•72 days ago

Identify the various policy rationales behind the tariffs and the sources advancing those rationales. I count at least 3: a) as negotiating leverage to achieve freer, fairer trade; b) to replace the income tax; and c) to restore domestic manufacturing and manufacturing jobs. Any likely to succeed?

physicsanddata.bsky.social•72 days ago

They covered most of that last week.

The various goals that have been stated are mostly self-limiting and contradictory. achieving one inhibits achieving the others

rembrandt77.bsky.social•72 days ago

What is the cost of collecting tariffs and how much will it affect the supply chain efficiency? Will it further bottleneck the ports?

ttremb.bsky.social•72 days ago

How can the tariff avalanche stimulate onshoring if prices would inevitably rise from higher US labor and other commodities costs?

justnormalphil.bsky.social•72 days ago

The World over is reassessing their dependence on US military contractors. What do you think the total effect on US military contractors will be due to the orange idiots choices? Example. Canada going with Gripen instead of F35.

naturenick17.bsky.social•72 days ago

What’s going to happen with ag products that we can’t/don’t grow in US? Coffee, bananas, etc.

half-bear-half-man.bsky.social•72 days ago

Get APM’s billionaire CEO on air to defend it

batted1000.bsky.social•72 days ago

Who are the potential winners from tanking the stock market. Following the money/power will help it make sense.

physicsanddata.bsky.social•72 days ago

Probably the Trumpist insiders trading

physicsanddata.bsky.social•72 days ago

this:
https://bsky.app/profile/muellershewrote.com/post/3lmaa6g6ypc2a

physicsanddata.bsky.social•72 days ago

Alternatively:
https://bsky.app/profile/physicsanddata.bsky.social/post/3lmaqeu3aqk2v

johnblaska.com•72 days ago

Genuinely, it would be great to hear about the cryptoesque fluff in the system. 2020 inflation, you kept talking about how it was principled inflation, there was never any talk of OPEC 2020 manipulation. Just today, fake tweet shifts market. We can't only tout principles, ignoring the manipulation.

rwentworth1.bsky.social•72 days ago

US debt coming due ? and how that is factoring in to all this?? Ty

sgittard.bsky.social•72 days ago

How do currency values and exchange rates relate to tariffs? In essence, would these tariffs result in devaluing the dollar?

johndeu.bsky.social•72 days ago

If Steven Miran’s “toolbox” is used and they devalue the dollar, lower interest rates, raise inflation, etc. where will any of us invest our constrained 401ks? Not many 401ks have access to commodities, REITs, foreign currency ETFs.
Compare to ‘70s and ‘80s stagflation portfolio performance.

anibundel.bsky.social•72 days ago

WHY.
That’s my question

6veronicadr.bsky.social•72 days ago

How do we get off this merry go round? What are the pathways to change the trajectory-legislation, taking the admin to court, etc

bernielanger.bsky.social•72 days ago

Could disrupting the economy and starting a global recession be a more effective tactic to cut carbon emissions than any climate-specific regulation?

physicsanddata.bsky.social•72 days ago

The last time we did tariffs and exploded the global economy, the depression in Germany enabled Hitler to rise from his defeat, take control and start WWII.

So maybe the climate effects of (oh, let's say Russia) doing something similar could offset any otherwise positive effects on global warming.

east-bay-teacher.bsky.social•72 days ago

What orifice specifically is Donald Trump’s brains leaking out of, and has footage yet been found of Lutnick scooping them up off the ground and trying to force them back into his skull?

crystaldl.bsky.social•72 days ago

WTF (2)

Seriously 👇 that's the propaganda (cuz no plan)?

https://bsky.app/profile/unusualwhales.bsky.social/post/3lmalb545pk2e

dandwig.bsky.social•72 days ago

I recently did an estimate on setting up a new manufacturing line. $35 million, and 4 years to put in production. When, exactly, are those jobs going to happen?

crystaldl.bsky.social•72 days ago

Follow up question:

Mao 2.0?

https://bsky.app/profile/pmeyers7.bsky.social/post/3lmaenijol22d

benawil.bsky.social•72 days ago

There’s a narrative that the stock market decline only affects wealthy people. What are the downstream effects of a stock market decline on business investment, employment, and consumer spending?

vetbodgaming.bsky.social•72 days ago

Can we start calling the tariffs what they truly are? A workaround to apply sanctions on countries.

theharlequin.bsky.social•72 days ago

How many retirees will need to come out of retirement in 2025?

Has this admin. overplayed its hand - can the rest of the world cut the US out & revive their economies & leave us isolated?

Who is winning with the Trump tariffs?

Does the US have the infrastructure & talent to onshore manufacturing?

kevincreamer.net•72 days ago

Will economies of other countries be less impacted than the US economy?

Would it be safer to move investments to some of those countries?

pplonsker.bsky.social•72 days ago

What percentage of US publicly traded equities are owned by non-US investors?

What percentage of US Treasury securities are owned by non-US investors?

dhsnwnkl.bsky.social•72 days ago

Does The little card shop lawsuit against the tarrifs sighting major issue doctrine have a chance in a reasonable amount of time?

locoyokel.bsky.social•72 days ago

Will it take David Blane style or Harry Potter style magic to reshore manufacturing jobs overnight?

stephanieok.bsky.social•72 days ago

https://bsky.app/profile/stephanieok.bsky.social/post/3lmakml5pjk2u

rareearthvitamins.bsky.social•72 days ago

How long do you think Trump will wait before declaring war on a friendly country due to retaliatory tariffs?

rareearthvitamins.bsky.social•71 days ago

https://bsky.app/profile/rudepundit.bsky.social/post/3lmew2maytk24

stkeppler.bsky.social•72 days ago

Why, Kai? Why are we dealing with this nonsense?

I know that's the answer you can't give.. But it's the one i need.

thewinewitch.bsky.social•72 days ago

How long to hold onto flexible (low penalty or no penalty) market investments to see if they rebound when the plan was to liquidate and buy a house before *waves hand in air* all this happened last week

thewinewitch.bsky.social•72 days ago

Hard mode: DC housing market @kairyssdal.bsky.social

rachelbraunigan.bsky.social•72 days ago

On a scale of 1-10, how bad are things?

swannsongblues.bsky.social•72 days ago

Can the so called ‘economists’ that came up with the completely fictitious tariff rates equation be charged with fraud? And how many laws have been violated ‘in theory’?

2judgie.bsky.social•72 days ago

When the markets are going down but inflation is up where is the best place to put your money? Under the mattress? It seems appropriate since I’m hiding under the covers anyway.

phil-indablank.bsky.social•72 days ago

Long-time listener, first-time caller.

Kai, is it true that the term FFS originated from the last three letters in the word tariffs?

I’ll hang up and take your answer off the air.

jhnrbk.bsky.social•72 days ago

At what point does a tariff produce the opposite of its intent? Is there a number or a term?

fuzzwamper.bsky.social•72 days ago

How much would Americans, screwing in little screws on IPHONEs here, be paid an hour if Apple kept current retail prices?

ghostagnessampson.bsky.social•72 days ago

Why are we still going to work and doing things?

adamchappelle.bsky.social•72 days ago

Hey Kai… long time listener, first time caller. I’ll ask my question, then hang up and listen. I guess my only question is “WHAT THE HELL, MAN?!?”

esouthard.bsky.social•72 days ago

How soon will we know what the implications to the real economy are?

mxhrad.bsky.social•72 days ago

Do you think countries will give in to Trump and negotiate something worse for themselves to get rid of the tariffs? Has blackmailing like this happened before in recent history?

the-barely-jew.bsky.social•72 days ago

Mine's less a question and more of a comment: Aaaaaaaaaaaaaaaaaaaaaah!

stephaniezvan.bsky.social•72 days ago

Retirees face a double whammy with Social Security uncertainty and steep savings declines. In addition to very real problems for individuals, what add-on economic effects will this likely have? How big an economic engine is this demographic we seem to be trying to wipe out?

dare2bking.bsky.social•72 days ago

I would like to know when tariffs have ever worked, have ever led to more money and a country truly getting richer

vivekr.bsky.social•72 days ago

When was a historical situation where tariffs were a highly effective method to achieve their intended goals?

stevensokol.com•72 days ago

More legal than economic, but does the President actually have legal authority to do this unilaterally without some kind of declared emergency situation? I ask because technically, tariffs are an Article I power (legislative branch) -see Art. 1, Sec. 8.

paccomando.bsky.social•72 days ago

What’s an example product that the US mostly imports from one country? What was the tariff before, what is it now, and when does the tariff get paid? Who literally pays the tariff? What do econs think are the downstream consequences (pricing, second sourcing, seller finding alternate buyers, etc.)

dand-ri.bsky.social•72 days ago

What happens if China retaliates by refusing to buy US Treasuries?

anwvelasquez.bsky.social•72 days ago

This one, please.

seewithtwoeyes.bsky.social•72 days ago

I've been wondering about this myself. They could even start dumping what they have - a fire sale could drive up t-bill yields, which would push stocks down even further - right? Economic carpet bomb.

unpeeledhuman.bsky.social•72 days ago

how could anyone ever possibly have thought this was a good idea. the writing wasnt just on the wall- it was made into a neon sign and made to flash next to a scantily clad lady

lurkermcgoo.bsky.social•72 days ago

What do you think is the reason for the relative lull in domestic market movement today, despite the huge intraday volatility and trading volume?

billcoolidge.bsky.social•72 days ago

Why is Trump so obsessed with Tariffs? Where did this drive come from? What it some “widsom” passed down from his father or grandfather?

comehereaminute.bsky.social•72 days ago

Can you spell tariffs without FFS?

vivaviv.bsky.social•71 days ago

What happens if no one receives the goods once they arrive because they are 2x the price? Can or would that happen?

nategrier.bsky.social•72 days ago

Is there research that shows time to impact for consumers once the tariffs are announced?

monarchdiaries.bsky.social•72 days ago

To what extent can specific businesses be exempted from tariffs if they make (arguably corrupt) deals with the Administration?

My understanding is that this was a big problem in Gilded Age tariffs.

sickntired2024.bsky.social•72 days ago

“What fools these mortals be”—from the Puck image

lurkermcgoo.bsky.social•72 days ago

This is Trump’s favorite era! 1870-1905/ pre anti trust era. It was also the period of the longest depression in the country’s history…

pmurray63.bsky.social•72 days ago

Your "big problem" is a feature, not a bug, for this administration.

monarchdiaries.bsky.social•72 days ago

For Trump, corruption is the only virtue.

toowoke2joke.on.computer•72 days ago

What should I be hoarding?

Newspapers and cardboard boxes don't seem to be a good long-term investment anymore.

mt-dangler.bsky.social•72 days ago

Why is our economy built on bullshit?

jorahs.bsky.social•72 days ago

why are all the supposedly business-minded republicans letting this happen when they can end it in seconds?

chicken-squawk.bsky.social•72 days ago

They're still subject to whatever happens at the ballot box. When it looks like they're going to lose to Democrats or be primaried successfully by anti-Trump Republicans, they may start to give

jorahs.bsky.social•72 days ago

it sure looks that way now

chicken-squawk.bsky.social•72 days ago

It's about a year until the next primaries. A lot can happen in that time. Many Republican politicians will be afraid to abandon Trump unless it's clear he has become completely radioactive and will remain so until Election Day 2026

jorahs.bsky.social•72 days ago

we’re there already. guy was already toxic, these dummies thought he’d be restrained but it’s now clear he won’t ever be

crumbudgeon.bsky.social•72 days ago

Does the president only have emergency power to enact tariffs without Congress?

hobodemon.bsky.social•72 days ago

So, one of the overseas businesses that this strategy is supposed to domesticize is the Martin-Baker ejection seat company, out of the UK. If you were still in naval aviation, how high of a serial number do you want on your domestically manufactured ejection seat before you can trust it?

tinman1954.bsky.social•71 days ago

Where does the actual "cash" go when a tariff is collected? To the treasury? Or to Trump's "sovereign wealth fund?"
And what the heck is a sovereign wealth fund?

rproctor721.bsky.social•72 days ago

Alright, @kairyssdal.bsky.social. I want to know why APM neuters what you say on @marketplace.org vs what you say on bsky. Will you say, 'there is no plan" on air? Doubtful. My second question is, how do you sleep knowing that you enabled this nightmare by sane washing trump?

mutant.pizza•72 days ago

Can we impose tariffs on the moon?

meatspaceengineer.bsky.social•72 days ago

Why was everything on big sale at the grocery store this weekend of all weekends? I’ve never seen so many sale tags

slowrobot.bsky.social•72 days ago

what do we do now?

wish I could say I was being a smartass with that question, but… 🥲

stevezorowitz.bsky.social•72 days ago

The answer to who's going to win the trade war is "when's the next election in China?"

willamettefred.bsky.social•72 days ago

How long until we’re all eating dirt and sticks?

mbellermann.bsky.social•71 days ago

Do people view these tariffs as a backdoor way to implement a regressive consumption tax without going thru Congress?
And while spinning mightily about how they actually work?

kyrouz.bsky.social•72 days ago

Is there anything even *close* to historical precedent for this chaos?
Also - proposed music for the numbers: I Wanna Be Sedated by The Ramones.

exploramental.bsky.social•72 days ago

An infuriating talking point I heard yesterday is that “there are equal numbers of experts on both sides of the debate on the value of tariffs. Are there any surveys of economists that debunks the view that this is a 50/50 split of opinions?

thespoileralert.bsky.social•72 days ago

Can Newsom really broker his own deals with countries?

kcldavison.bsky.social•72 days ago

Now that they closed the de minimis loophole, how will purchase work that ship directly from other countries? Will I just get charged more by the company?

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