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JohnSJ

(98,408 posts)

7. and according to Bloomberg,. They will immediately restrict exports of seven type of rare earth elements.

Reply to BumRushDaShow (Original post)

Fri Apr 4, 2025, 07:07 AM

Apr 4

"Chinese authorities also said they will immediately restrict exports of seven types of rare earths, start an anti-dumping probe into medical CT X-ray tubes from the US and India, and halt imports of poultry products from two American companies. Additionally, it’s adding 11 American defense companies to an unreliable entity list, and imposing export controls on 16 US firms."

https://www.bloomberg.com/news/articles/2025-04-04/china-imposes-34-tariffs-on-all-us-imports-as-retaliation

We are really f**ked economically because of these jackasses.

I guess the mishandling of the pandemic wasn't enough for the idiots in this country who either voted trump, or refused to vote for VP Harris.

THERE WAS NO LESSER OF TWO EVILS EITHER. and anyone who present that as an argument is full of it.

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Highlight:

China to impose 34% retaliatory tariff on all goods imported from the U.S. [View all] BumRushDaShow Apr 4 OP

So I guess if that includes wheat and ag products moniss Apr 4 #1

John Deere $447.45. Down $30.14 - $6.31% in the last 5 days underpants Apr 4 #3

The biggest (at least based on the last go-around) was the soybeans BumRushDaShow Apr 4 #4

Buicks are big in China. underpants Apr 4 #2

... speak easy Apr 4 #5

Futures are diving fast, S&P 500 and Dow futures both down 3.0% at 700 AM ET progree Apr 4 #6

But lookee here BumRushDaShow Apr 4 #8

Yup, a correction is almost a certainty today in the DOW. I'm more focussed on bear market. Won't happen today progree Apr 4 #12

I'm not expecting the Dow to hit 20% too soon BumRushDaShow Apr 4 #15

"the 10-year Treasuries have been dipping below 4% this morning" progree Apr 4 #18

Yeah I think people are going to start fleeing the stocks BumRushDaShow Apr 4 #20

I don't expect it to be long before the S&P 500 reaches a bear market -- after dropping 6.0% Friday, its down 17.4% progree Apr 4 #25

NASDAQ hit bear today BumRushDaShow Apr 4 #26

r u watching the vix? mopinko Apr 4 #16

Watching it? not really , I just haven't learned what good and bad VIX numbers are, but anyway its at 40.6 right now, progree Apr 4 #19

and according to Bloomberg,. They will immediately restrict exports of seven type of rare earth elements. JohnSJ Apr 4 #7

Will have to see if 45 has enough of a temper tantrum to completely revoke BumRushDaShow Apr 4 #10

no one can predict what the sociopath will do. He is saying he "might reduce the tariffs on China if they put tiktok JohnSJ Apr 4 #11

He can try to "deal" (and steal) all he wants BumRushDaShow Apr 4 #13

Another thousand loss for the DOW. Futures are in the terlet. twodogsbarking Apr 4 #9

Dow is an adding machine era index, so 1896. SP500 is market capitalization weighted. Ditch the Dow. . . .nt Bernardo de La Paz Apr 4 #14

Although the other indices give a truer perspective about the broader market BumRushDaShow Apr 4 #22

Excellent precis of why it is still listed & followed. But I think it should be noted as an afterthought after SP500. nt Bernardo de La Paz Apr 4 #23

But then this is why the Russell 2000 going "bear" has been concerning BumRushDaShow Apr 4 #24

The retaliation begins LetMyPeopleVote Apr 4 #17

Payroll jobs up 228,000. Unemployment rate up a notch, from 4.1% to 4.2% (was 4.0% in January) progree Apr 4 #21

They will cave. they need us worst than we need them. Groundhawg Apr 4 #27