Trump’s tariffs. Now it’s the Republic of Ireland’s turn. ☘️

Barleyfields

Went down significantly when tariffs were announced. I looked at share prices several times a day when I was trading post-retirement, have now extricated myself completely and glad to have done so,

I’m sure you are well out of it, we’re you really a market trader.

As you know the ftse was languishing around 8000 or so, for many months so no sign of worse conditions than we had before Trump. I’ve no idea which way it’s going to go, nor does anyone else, it’s all dependant on Trump/Putin, next week will be important

Went down significantly when tariffs were announced. I looked at share prices several times a day when I was trading post-retirement, have now extricated myself completely and glad to have done so,

Barleyfields

David49

Has anyone noticed Trumps turmoil is helping us, sterling exchange rate is stronger you get £1.32 on Visa a bit less for cash.
I guess trump haters are selling dollars, every little helps making our imports cheaper, petrol prices 6p cheaper very welcome.

It’s an ill wind!.

He’s doing no good for the price of UK stocks so if you are invested in them the value of your investment has been hit. And please don’t tell me it makes no difference until you sell.

Barleyfields
I’m not mansplaing but look at the FTSE 100
When Trump took office it was around 8200, today it is 8600.
Its gone up and down but that’s what stocks do.

PS I don’t hold shares or pensions just deposit accounts & ISAs that I can control. I have learned not to trust the traders. I don’t like Trump but I’m content that Starmer is handling the situation properly.

www.theguardian.com/world/2025/mar/14/jd-vance-booed-national-symphony-orchestra-concert-washington-kennedy-center

watch the short video.

"‘Ruined this place’: chorus of boos against JD Vance at Washington concert"
Attendance of vice-president – who once disbelieved that people listened to classical music for pleasure – strikes sour note at Kennedy Center in light of Maga takeover"

Its hardly surprising:

"In February, Donald Trump sacked the chairman of the Kennedy Center board along with 13 of its trustees, appointing himself the new chair, bringing in foreign policy adviser and close ally Richard Grenell as interim leader, and naming new board members – among them, Usha Vance. She was on the board of the Cincinnati Symphony Orchestra from 2020 to 2022.

“So we took over the Kennedy Center,” the president said at the time. “We didn’t like what they were showing and various other things. We’re going to make sure that it’s good and it’s not going to be woke. There’s no more woke in this country.”

The "woke"programme on offer was
"Shostakovich’s second violin concerto, with Leonidas Kavakos the soloist, followed by Stravinsky’s Petrushka"

“The current situation with the UK economy benefitting from Trump’s actions? He is so volatile that it can all change in the blink of an eye.

I’m happy that Starmer is handling the situation calmly, that will ultimately get a stable result. Trump wants access to UK for food, (beef, dairy, GM etc) currently there are health restrictions, we are removing restrictions from other countries. Starmer will relax those to please Trump.
The EU are involved in a big row over tarrifs and I’m pretty sure they won’t relax health restrictions.

Feel free to disagree but that’s the way I see the progression on trade. Of course the US could take off and there will be a continued boom time but I’d take odds against that.”

David49

Has anyone noticed Trumps turmoil is helping us, sterling exchange rate is stronger you get £1.32 on Visa a bit less for cash.
I guess trump haters are selling dollars, every little helps making our imports cheaper, petrol prices 6p cheaper very welcome.

It’s an ill wind!.

He’s doing no good for the price of UK stocks so if you are invested in them the value of your investment has been hit. And please don’t tell me it makes no difference until you sell.

David49

Casdon

David49 I really don’t believe you're so naive that you think the current situation will continue. In the unlikely event that it does, I’m sure you’ll be congratulating Starmer and Reeves with due respect for their thoughtful handling of Trump’s random acts.

What current situation

I do congratulate Starmer and Reeves for most of their work since the election, too timid maybe but a good start

The current situation with the UK economy benefitting from Trump’s actions? He is so volatile that it can all change in the blink of an eye.

Trump seems to change his mind like the wind. I read the news every day to see the daily Tarrif rate. Is it 25%, 50% 200% or has he suspended it until tomorrow? He doesn't seem able to make his mind up lol He's a joke.

Claremont

FriedGreenTomatoes2

The sainted EU eh?

“The Telegraph revealed this week that EU governments were considering plans to go even further and “weaponise” life-saving medicines.

Antibiotics, radiation therapies and pacemakers are among over 200 products identified because the US is dependent on EU supplies to meet domestic demand.”

Well, the UK has suffered badly of medicine supplies since Brexit- and it could get much worse. Not because the EU 'weaponised' life-saving medicines, but because the UK chose to isolate itself from suppliers with Brexit.

There has been a world shortage of pharmaceuticals, in the main due to Covid, shortages of raw materials and because pharmaceutical companies are becoming extremely competitive causing shortages of some generic drugs.

Casdon

David49 I really don’t believe you're so naive that you think the current situation will continue. In the unlikely event that it does, I’m sure you’ll be congratulating Starmer and Reeves with due respect for their thoughtful handling of Trump’s random acts.

What current situation

I do congratulate Starmer and Reeves for most of their work since the election, too timid maybe but a good start

David49 I really don’t believe you're so naive that you think the current situation will continue. In the unlikely event that it does, I’m sure you’ll be congratulating Starmer and Reeves with due respect for their thoughtful handling of Trump’s random acts.

Syracute

Maremia

Also Syracute, when he has bankrupted so many companies, who has bailed him out? Whose debt is he in?

His father at the beginning of his career and the Russians later .

I believe six business bankruptcies, walk away from the debt.

Has anyone noticed Trumps turmoil is helping us, sterling exchange rate is stronger you get £1.32 on Visa a bit less for cash.
I guess trump haters are selling dollars, every little helps making our imports cheaper, petrol prices 6p cheaper very welcome.

It’s an ill wind!.

FriedGreenTomatoes2

The sainted EU eh?

“The Telegraph revealed this week that EU governments were considering plans to go even further and “weaponise” life-saving medicines.

Antibiotics, radiation therapies and pacemakers are among over 200 products identified because the US is dependent on EU supplies to meet domestic demand.”

Well, the UK has suffered badly of medicine supplies since Brexit- and it could get much worse. Not because the EU 'weaponised' life-saving medicines, but because the UK chose to isolate itself from suppliers with Brexit.

RoseandLilac You won't get banned from MN for what you say on GN.

My opinion of Trump would get me banned from MN but let’s say I wouldn’t trust him an inch. He’s sly, Machiavellian and capable of doing anything that feathers his nest, including cosying up with Putin and Netanyahu.
The mere fact that he halted intelligence sources for Ukraine, meaning many more totally innocent people died and were mailed, to bully Zelenskyy into doing what he wanted is utterly sickening and shows how little conscience he has.

Syracute thank you for the post about the way Trump deals. It explains Trump's way of working. He likes the I win you lose situation and by not negotiating in an intelligent way he has lost the trust of many countries.

Syracute

Maremia

Also Syracute, when he has bankrupted so many companies, who has bailed him out? Whose debt is he in?

His father at the beginning of his career and the Russians later .

He also walked away without paying his creditors or at least only paying them a small percentage of what he owed.

Many businesses suffered or failed whilst Trump just walked away only to do the same again and again. He has no moral compass.

At the risk of referring to other threads, here goes. FriedGreenToms has changed her views on Farage and Reform because of their actions. She’s also been open in posting about that. It’s possible that as Trump - Vance continue their approach to world domination, her support for the Donald may also diminish.

Syracute, thanks for your post about The Deal.

I don’t see Trump as a disrupter whose behaviour is aimed at achieving positive results. I see him as an abusive, narcissistic bully.

I’m with Rosie in fearing Vance. Trump is old and anything could happen. Vance as Potus ??? Please no

Syracute I found your post yesterday on Trump and his relationship with "The Deal" very enlightening. It makes sense of much of Mr Trump's behaviours: thank you.

imaround

There is a reason, in my experience, why groups of people still admire Trump, even after seeing everything he has done to hurt people. It usually has nothing to do with the cost of groceries.

Absolutely.

Maremia

Also Syracute, when he has bankrupted so many companies, who has bailed him out? Whose debt is he in?

His father at the beginning of his career and the Russians later .

FriedGreenTomatoes2

Oh I suppose time will tell.
America elected him to do this. Put America first. He’s looking after their interests.
Judge him after his tenure.
It’s going to be a bumpy ride.

Some by a slim majority did . Many of the jobs that are now being cut are former veterans . There is a very poignant video about how they are now appealing to a former vet now senator as they never believed their jobs would be at stake .
You can smugly say it will be a bumpy ride but it will affect employment here as well . It will not just be the US economy that will tank but the rest of the world as well . We are here together and all our economies are intertwined . Trump won’t be affected as he will be cosseted by the billionaires he will make more powerful and wealthy .

Part of a general attack on the EU?

I still feel very angry about tariffs on meds and drugs (in any direction)

Wyllow3

I found that article about distributive bargaining and how negative it is very interesting, Syracute.

Perhaps it would help to get back on topic.

I know ! What happened . I am glad you found the article worthy of reading . I know it’s a long one but well worth it .