US record high trade deficit. Thanks Trump!

[Veer2Eternity]

The trade gap surged 34.0% to an all-time high of $131.4 billion, the Commerce Department's Bureau of Economic Analysis (BEA) said. The percentage change was the largest since March 2015. Trump this week slapped a new 25% tariff on imports from Mexico and Canada and doubled duties on Chinese goods to 20%, triggering a trade war.

 

[bullitpdq68]

The trade gap surged 34.0% to an all-time high of $131.4 billion, the Commerce Department's Bureau of Economic Analysis (BEA) said. The percentage change was the largest since March 2015. Trump this week slapped a new 25% tariff on imports from Mexico and Canada and doubled duties on Chinese goods to 20%, triggering a trade war.

The Dems may find themselves on the wrong side of this battle too. The UAW president Shawn Fain showed support for president Donald Trump's Tariffs. Most blue collar workers are fine with them in polls if it means forcing companies to bring back middle income jobs. And remember Biden left all of Trumps old tariffs never removing them.

https://www.cnbc.com/2025/03/10/trump-uaw-auto-union-shawn-fain-tariffs.html

 

[HomeyR]

The Dems may find themselves on the wrong side of this battle too. The UAW president Shawn Fain showed support for president Donald Trump's Tariffs. Most blue collar workers are fine with them in polls if it means forcing companies to bring back middle income jobs. And remember Biden left all of Trumps old tariffs never removing them.

https://www.cnbc.com/2025/03/10/trump-uaw-auto-union-shawn-fain-tariffs.html

How are your stocks doing lately ? 🤫

 

[bullitpdq68]

How are your stocks doing lately ? 🤫

Actually not bad. One is up $27.57 check it out ORLY.

 

[hoopsrus6]

Actually not bad. One is up $27.57 check it out ORLY.

ORLY is the best stock I ever got into bullit!

My great uncle was a counter guy for almost forty years and got stock as an employee profit-sharing perk, left some serious f-u money to his family when he passed.

He gave me 10 shares (it was around 10 bucks/share then) as a graduation gift when I graduated HS and told me to buy all I could, when I could. I did.

GSBC is another local holding I have done very well with.

 

[bullitpdq68]

ORLY is the best stock I ever got into bullit!

My great uncle was a counter guy for almost forty years and got stock as an employee profit-sharing perk, left some serious f-u money to his family when he passed.

He gave me 10 shares (it was around 10 bucks/share then) as a graduation gift when I graduated HS and told me to buy all I could, when I could. I did.

GSBC is another local holding I have done very well with.

Fintech I have done very well in those stocks

 

[hoopsrus6]

Fintech I have done very well in those stocks

JKHY?

 

[bullitpdq68]

JKHY?

yeah

 

[kaskaskiakid]

Most blue collar workers are fine with them in polls if it means forcing companies to bring back middle income jobs. And remember Biden left all of Trumps old tariffs never removing them

Wait until inflation hits the shelves and the pocketbooks and see who the blue collars like it!!

 

[Veer2Eternity]

Wait until inflation hits the shelves and the pocketbooks and see who the blue collars like it!!

They'll believe it's bidens fault

 

[bullitpdq68]

Wait until inflation hits the shelves and the pocketbooks and see who the blue collars like it!!

Did you see the latest polls out 27% approval rating for the Dems. Trump is enjoying his highest ratings. Many people I worked in factories with are cheering on these government firings, as one put it , we see congress taking all these firings to court calling this terrible as all their buddies are being put out of work after years of loyal service, yet as companies closed down factories and moved jobs overseas they just told us that is the future and never shed a tear just sit by and signed more legislation to move jobs overseas.
The dems are still bickering in the rank and file and cannot figure out what direction they need to go.
I just heard a Dem say this in an interview this morning. How can you fight for your policies when the Pubs are using our blue controlled states and what life is like in them against us. We need to be able to point to the states we control and show progress not homelessness taking over the streets.

 

[kaskaskiakid]

Did you see the latest polls out 27% approval rating for the Dems. Trump is enjoying his highest ratings. Many people I worked in factories with are cheering on these government firings, as one put it , we see congress taking all these firings to court calling this terrible as all their buddies are being put out of work after years of loyal service, yet as companies closed down factories and moved jobs overseas they just told us that is the future and never shed a tear just sit by and signed more legislation to move jobs overseas.
The dems are still bickering in the rank and file and cannot figure out what direction they need to go.
I just heard a Dem say this in an interview this morning. How can you fight for your policies when the Pubs are using our blue controlled states and what life is like in them against us. We need to be able to point to the states we control and show progress not homelessness taking over t

Wait for the inflation to hit.......

 

[bullitpdq68]

Wait for the inflation to hit.......

Yes I agree, however I took my dad to an old retire UAW meeting this weekend and many of those members are willing to feel some pain now if it means bringing back manufacturing jobs.
I think if the Dems would have done more for the Blue collar workers this would not be an issue but at least those in the UAW feel like the Dems have abandoned the working man and instead have taken up more causes for the trans man to play woman's sports. I think if the Dems would just dumped that message and get back to fighting for the working man it would mean more. Sure Biden stood on the picket line. But John Deere and Case got new contracts with then union and then announced they are closing those factories to move production to Mexico, no Dems protested on the door steps of John Deere or Case.

 

[blindedbythelight]

Did you see the latest polls out 27% approval rating for the Dems. Trump is enjoying his highest ratings. Many people I worked in factories with are cheering on these government firings, as one put it , we see congress taking all these firings to court calling this terrible as all their buddies are being put out of work after years of loyal service, yet as companies closed down factories and moved jobs overseas they just told us that is the future and never shed a tear just sit by and signed more legislation to move jobs overseas.
The dems are still bickering in the rank and file and cannot figure out what direction they need to go.
I just heard a Dem say this in an interview this morning. How can you fight for your policies when the Pubs are using our blue controlled states and what life is like in them against us. We need to be able to point to the states we control and show progress not homelessness taking over the streets.

Yep it’s going to hurt but must be fixed. The interest on our national debt is larger than the entire Defense Budget.

I would be good with cutting all funding back to 2019 levels and abolishing every non critical Dept. That would get us to a surplus next year and we could actually write a check to start paying down our debt