TRUMP SNEEZED ☙ Monday, April 7, 2025
https://www.coffeeandcovid.com/ ^ | Apr 07, 2025 | Jeff Childers
Posted on 04/07/2025 9:02:03 AM PDT by bitt
Global crash, Trump tariffs bite; 25% of Earth seeks deals; China reels, EU buckles; UK flips; inflation, oil down; Main Street cheers; was a market reset the plan all along? And much more.
Good morning, C&C, it’s Monday! The news continues to be dominated by Trump’s tariffs and the world’s market response. So let’s dig in. In today’s roundup: global markets plunge as Trump tariffs take hold, but what’s the upside?; a quarter of the entire Earth lines up to do deals; China reels under tariff chaos; Europe in focus as Trump vows the EU will have to pay “a lot” in restitutionary back-invoices; British pivot to Trump agenda in astonishing reversal as tariffs begin to grip; Brussels Tower of Babel leans over; US inflation at rock bottom; oil prices plummet; Main Street celebrates; and the astonishing possibility that a stock market reset might have been the plan all along.
When America sneezes, the world goes on the ventilator. The Wall Street Journal ran the tariff-fallout story this morning, dramatically headlined, “Stock Market Today: Dow Futures, Asian Stocks Plunge as Trump Tariff Turmoil Deepens.” Our stock market is down, a good bit, but the foreign markets are crashing.
Mangling three different metaphors, the Journal reported that “turmoil in global markets snowballed into one of the worst routs in recent memory after President Trump said he will stay the course with aggressive, economically disruptive tariffs.” Indeed he did. However, the President stuck with a single, consistent metaphor, saying last night that “I don’t want anything to go down, but sometimes you have to take medicine to fix something.”
(It might have been rhetorically stronger to say sometimes you have to take medicine to cure cancer, or mental illness, but I can overlook it. Unlike the Journal’s overpaid writers, the President spoke off the cuff to hostile reporters. And there might be a very good reason he picked the word “something.” We’ll get to that.)
He continued, “China right now is taking a big hit. They have to pay tariffs.” Trump told reporters he spent the weekend speaking to tech executives, including “four or five that are considered the biggest” as well as other global leaders. “I spoke to a lot of Europeans, Asians, all over the world. They’re dying to make a deal,” he said.
...MORE
TOPICS: Business/Economy; Society
KEYWORDS: belongsinbloggers; ccp; china; jeffchilders; stockmarket; tariffs; trump

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1 posted on 04/07/2025 9:02:03 AM PDT by bitt
To: null and void; aragorn; EnigmaticAnomaly; kalee; Kale; AZ .44 MAG; Baynative; bgill; bitt; ...
2 posted on 04/07/2025 9:02:22 AM PDT by bitt (<img src=' 'width=30%>)
To: All
Trump Job Approval Rises a whopping 4 Points to 53%
Breitbart ^ | 04/06/2025 | JOHN NOLTE
Posted on 4/6/2025, 2:57:57 PM by SmokingJoe
During the week of the overwhelmingly approval poll:
<><>Trump was crucified nightly by the Legacy Media for even considering reciprocal tariffs.
<><>doomsday-speak was everywhere but had only one effect
<><>to surge Trump’s approval numbers.
<><>Trump’s job approval rose four points during Tariff Week, 49 to 53%.
<><>over 1000 voters polled between March 31 and April 3.
<><>Since March 7, young voters 18 and 29 approval jumped 13 points.
<><>Among Independents and Democrats, Trump enjoyed a six-point increase.
<><>Most telling, black voters approval jumped 17 points in a single week.
<><>most support Trump’s tariffs——39% support, 37% oppose, 24% were unsure.
<><>and “significantly approve reducing” illegals coming in, 69% yes, only 26% no.
All of it is after the Regime Media coordinated a regime-wide tantrum over DOGE, the ridiculous SignalGate nothingburger, and the hoax about a gang member deported to El Salvador in error. Normal People see right through it.
3 posted on 04/07/2025 9:05:58 AM PDT by Liz (This then is how we should pray...."Our Father, who art in heaven......")
To: All
FR thread——Tariffs Also Counter VAT Taxes, Currency
Manipulation, Dumping, Export Subsidies, Fake Standards
On FNC’s “Sunday Morning Futures,” White House senior economic counselor Peter Navarro explained the long-term implications for the Trump administration’s tariffs and how they will function to ensure fair trade for the United States.
“Let’s not forget, every economic report that’s been coming out in the last month has been pushing us towards expansion and strength,” Navarro said. “And we just had a blowout jobs number on Friday, 228,000 jobs. That was 50 percent higher than was predicted.”
“There’s cognitive dissonance between what the media is saying, that Pres Trump wants to push us into recession, and what’s actually happening. The tariff and trade policy is just one chapter in a book that contains all these other beautiful things that we’re going to do. If you just take, for example, the oil prices, oil prices were a dollar higher during the Biden years. For a commuting, working family, that’s about $1,000 worth of gas prices they had to pay. We’re going to get that back for them.”
“Tariff revenues, $600 billion, $700 billion annually, are going to raise $6 trillion to $7 trillion over the 10-year period. They’re going to help pay for the tax cuts. I will tell you this, Jackie. Every single dollar that comes in, in tariff revenues that we take from the foreigners who have been cheating us are going to go right to the American public in terms of tax cuts and debt reduction.”
4 posted on 04/07/2025 9:06:49 AM PDT by Liz (This then is how we should pray...."Our Father, who art in heaven......")
To: bitt
Salient point:
And the President can offer them better individual deals. You might call it a “tariff scalpel” strategy— slicing not just into trade surpluses, but also slicing apart alliances.
This is how you dismantle globalism; like cops with criminals, Homer breaks first gets a deal, the hard-bitten get bit. Or more softly, enlightened self-interest.
5 posted on 04/07/2025 9:10:05 AM PDT by No.6
To: No.6
I hate autocorrect. “Whomever” not “Homer.”
6 posted on 04/07/2025 9:11:45 AM PDT by No.6
To: Liz
Since January: horrible cabinet picking, to DOGE firing, to Elon oligarching, to Judges TROing, to Tesla’s burning, to Hands offing, to markets tanking...
7 posted on 04/07/2025 9:15:08 AM PDT by Alas Babylon! (Repeal the Patriot Act; Abolish the DHS; reform FBI top to bottom!)
To: No.6
What's wrong with Homer?
8 posted on 04/07/2025 9:16:43 AM PDT by Alas Babylon! (Repeal the Patriot Act; Abolish the DHS; reform FBI top to bottom!)
To: bitt
Just checked, I’m down 3% since this started. Being 75% in T-Bills helps.
9 posted on 04/07/2025 9:17:02 AM PDT by SaxxonWoods (The road is a dangerous place man, you can die out here...or worse. -Johnny Paycheck, 1980, Reno, NV)
To: bitt
10 posted on 04/07/2025 9:22:57 AM PDT by LS ("Castles made of sand, fall in the sea . . . eventually." Jimi Hendrix)
To: SaxxonWoods
Just checked, I’m down 3% since this started.
You're bragging. I bought some Tesla just before the Big Kaboom! Ouch!
11 posted on 04/07/2025 9:24:35 AM PDT by Blennos ( Byaasearepeat itnbelow. SAMARIA )
To: SaxxonWoods
I’m down 3%...I me mine, I me mine, I me mine!
Watching all these people scream and cry about losing some money is amazing...They don't give two shits about what kind of America will be left when they're gone.
12 posted on 04/07/2025 9:47:00 AM PDT by dragnet2 (Diversion and evasion are tools of deceit)
To: Liz; bitt
Be not deceived!
Most countries are wisely choosing to renegotiate with the U.S. over tariffs. So why is the market going super nova?
The key is CHINA! ! ! China maintains high tariffs against us PLUS they do currency manipulation, devaluing the yuan against the dollar. China brags about its status as a world power... but China depends heavily on plundering our country. During the Clinton Admin our deficit was a little less than $50 billion a year. Now it is about $1/2 trillion a year.
Add to that the theft of intellectual property, capturing U.S. patents, pirating U.S. business secrets; some estimate that our current trade deficit is probably about $1 trillion a year.
They have the world's largest navy; they have perhaps 1/4 - 1/2 million troops. Those troops have to be fed and supplied. Those ships need fuel, parts and regular maintenance. Ammunition and rockets and missiles are regular ongoing expenses.
China is still heavily dependent on collecting dollars to maintain its world power status. They are putting undue pressure on all their 'allies' in this country to make Trump look like he is in a losing position. China raised its tariffs and fees on U.S. property. It is all out: defeat Trump's tariffs! China has undue influence on the U.S. Senate - who has just tried to pass a bill to override Trump's tariff agenda. They have avenues to attempt at least some stock market manipulation.
It is all out for China for one simple reason: THEY MUST PLUNDER THE U.S. ECONOMY in order to maintain their elevated world status. On the present path China would become the ONLY world power and the U.S. would be economically reduced to Guatemala, etc. - a banana republic.
Will President Trump blink, falter? China is taking that gamble! Stand fast!
13 posted on 04/07/2025 9:47:40 AM PDT by Bob Ireland (The Democrap Party is the enemy of freedom.They use all the seductions and deceits of the Bolshevics)
To: LS
I love Jeff's writing:
"Originally meant to accelerate freedom, the EU instead metastasized into a kind of marxist Babel, where its 27 nations whisper away their sovereignty into a miasmic muddle of policy fog drafted by unelected clerks fluent in cloistered crypto-languages of arcane acronyms and elliptical euphemisms."
That is one heck of an epic sentence - and a very keen insight - right there!
14 posted on 04/07/2025 9:51:00 AM PDT by Redplum
To: Redplum
Or his line about the “world leaders aren’t calling Trump’s economic haggling team. They’re calling his hostage negotiating hotline.”
15 posted on 04/07/2025 9:54:48 AM PDT by LS ("Castles made of sand, fall in the sea . . . eventually." Jimi Hendrix)
To: dragnet2
Money “made” in 8 months.
Anyone calculating gains and losses daily or weekly or monthly aren’t serious investors.
The DOW is where it was less than a year ago.
Short term panickers . Where was the DOW in 2017? About 20,000.
16 posted on 04/07/2025 9:55:48 AM PDT by Fledermaus ("It turns out all we really needed was a new President!")
To: LS
I’ve been reading C&C a lot lately. I very much enjoy Jeff’s writing.
17 posted on 04/07/2025 10:04:53 AM PDT by FamiliarFace (I got my own way of livin' But everything gets done With a southern accent Where I come from. TPetty)
To: Blennos
You’ll be fine, been there, done that!
18 posted on 04/07/2025 10:17:35 AM PDT by SaxxonWoods (The road is a dangerous place man, you can die out here...or worse. -Johnny Paycheck, 1980, Reno, NV)
To: dragnet2
I blew it by sitting tight in 2022 but just waited it out and it came back just like it will this time. I’ve done some very minor nibbling already and will nibble harder starting Thursday when some T-Bills mature.
19 posted on 04/07/2025 10:24:30 AM PDT by SaxxonWoods (The road is a dangerous place man, you can die out here...or worse. -Johnny Paycheck, 1980, Reno, NV)
To: Fledermaus
Yeah, I blew it in 2022 but it all came back anyway. Hope to do it better this time, we’ll see.
20 posted on 04/07/2025 10:26:16 AM PDT by SaxxonWoods (The road is a dangerous place man, you can die out here...or worse. -Johnny Paycheck, 1980, Reno, NV)
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