The market is down 4 percent and people are crying . Unbelievable.
Drew
We face a Sophie’s choice
I guess we can look on the bright side. Anyone who has high interest rate mortgages can refinance soon at a much lower rate. It looks like the 10-year Treasury has breached the 4.0% level. Let’s see.
The sad part is that we’ve had globalist presidents going back to Nixon and Carter who allowed all of the domestic industries to be offshored. This should never have happened, but then again all of the president’s back to Nixon and before were all globalists. The drop dead time to implement a tariff regime was back 30 years ago.
The time of widening trade and fiscal deficits is coming to an end
The United States cannot continue running these massive deficits anymore, whether it be trade or fiscal. And the reasons for this are straightforward;
•The shelf life of quantitative easing QE has reached its expiration date, since the Federal Reserve can no longer continue purchasing Treasuries nor mortgages, lest it further ignites inflation.
•Moreover, the United States government can no longer afford to use its military to enforce the dollar hegemony. It’s all become much too expensive.
This current trade deficit with CCP China is running at about $300 billion per year in the red, and growing. So what’s the answer?
CCP China has a lot more to lose
A pyrrhic victory
If this continues, I envision a scenario where Chinese nationals will be stripped of real estate ownership here in the states. All the farmland that the CCP Chinese have been quietly accumulating will be stripped from them and sold at auction. I envision a scenario where all Chinese visas will be revoked. I see a scenario where the military ships will sail into the Panama Canal and take possession.
We have to understand that CCP China and Chinese nationals own so much more real estate and farmland domestically than Americans do in China. There are millions more Chinese nationals in the states stealing technology and ideas than there are Americans in China.
Unless the Panamanian president intervenes and forces some sort of transaction, I envision a scenario in which Trump will engage the military to take over the Panama Canal. But we have to understand one thing, Chinese CCP should never have been able to exert control over the canal in the first place. We must thank our globalist presidents going back to Carter and Clinton for this unfortunate set of geopolitical circumstances.
QE has reached its expiration date
QE is now inflationary
If the fiscal and monetary trajectories established during Obama and QE, and carried out with Trump and accelerated with Biden, continue on their present course, the United States will definitely be submerged into the New World Order.
From its inception in late 2008 until late 2019, the mechanisms of quantitative easing were not inflationary. We could make a case that under the circumstances at the time, QE was actually deflationary as a greater percentage of the economic output was devoted to servicing debt.
I have been stating since my early blogging days 12 to 13 years ago, that as long as the federal government feigned fiscal prudence, QE could be carried on indefinitely. I mean, it could have been essentially carried on forever. Unfortunately, the covid crisis came along and upended all of this. United States government can no longer control itself nor its spending habits.
Thus, we are now confronted with a “Sophie’s choice” scenario. There is no decision that is preferable to any other and each one comes with terrible consequences.
Any solution is better than dealing with CCP China
Although it may seem like a pyrrhic victory if the United States prevails in some sort of trade standoff with CCP China, the US would be much better off in the long run if it rids itself of having to deal with the lying and propagandizing CCP China. Unfortunately, in the short and intermediate term, the results could be devastating.
Without the United States and its willingness to offshore its economy to Asia, the CCP would be ruling over a third world backwater. CCP China is still vitally dependent on running its trade surpluses, and without these trade surpluses, the Chinese economy would be an utter shambles.
CCP China is also the primary existential enemy of the United States and that’s why Kissinger back in 1971 and ’72 was under orders to open up China’s economy. This was all in prelude to establishing the tableau for World War III.
Unfortunately, I don’t see any quick fix. CCP China’s massive trade advantage will continue and prevail. United States built its own future global conflict enemy. It’s taken over 50 years to do so, so any solution to undo the damage won’t come overnight. But it starts with the first step.
Personally, my optimal world would include a domestic economy that does not have much to do with China anymore. If the market’s crater, I won’t stand in the way. Let the inflation take foot. Let the chickens come home to roost.
But China will never be friends with the United States. The fact that CCP China will continue to match president Trump’s proposed tariff rates indicates a recalcitrant trading partner. It clearly demonstrates the greediness and willful ignorance of the CCP. There is never any bargaining in good faith with CCP China. CCP China is as truthful and honest as the propaganda videos they put out on YouTube so that the vloggers can get paid to promote China.
In the long run, the United States is much better off without dealing with Russia and CCP China.
That’s my normative judgment. That’s where I stand. I’m not saying what Trump is doing is correct. I am saying that the United States needs to figure out how to extract itself from the clutches of CCP China.
If anyone here reading this has a solution, please comment.
Vietnam Offers to Remove All Tariffs on US After Trump Action
Nguyen Dieu Tu Uyen
(Bloomberg) — Vietnam has offered to remove all tariffs on US imports after Donald Trump announced a 46% levy on the Southeast Asian nation, according to an April 5 letter from Vietnam’s communist party.
The offer was made by party chief To Lam to the US president in a letter that was seen by Bloomberg. In the letter, Lam requested that the US not apply any additional tariffs or fees on Vietnamese goods and asked to postpone the implementation of the tariff announced by Trump last week by at least 45 days after April 9.
The letter confirms comments made by Trump on Friday on his Truth Social network, following a call between the two leaders. Vietnam, which has increasingly become a key manufacturing and export alternative to China, was slapped with one of the highest tariff rates worldwide last Wednesday.
And now Taiwan!
They are lining up to negotiate. I would really prefer to see domestic investment. Taiwanese corporations really stand to benefit, since the CCP wants to eradicate any Western influence around its borders.
The futures look ugly! Not good.
The synagogue is calling in their loans. Margin calls. BTC looking brutal. Gold only thing not taking a huge dump.
Stone, what is your take on this? Any predictions?
Since I honestly don’t see why there is this over reaction, I see more downside. I think we’ll see more margin calls and more downside. It could get more brutal. Gold is holding up as expected. Gold is good. We see silver getting beat up. Silver is nice, but it’s an industrial metal at the end of the day. I’m still waiting to see lower gasoline prices at the pump given that oil is so low. Now’s the Time for Trump to announce a refilling of the SPR. His regime would look like an expert trader.
It appears that former US trade rep and author Lighthizer and Trump would also want domestic investment / production. Good synopsis on context for tariffs
https://x.com/TuckerCarlson/status/1902468999511994461
Market Would Drop By 8,000 In A “Black Monday” Sell Off
Douglas A. McIntyre Wall St 24/7
On October 19, 1987, the Dow Jones Industrial Average fell 22.6%, a record based on a percentage sell-off in the market’s history. It plunged 508 points to 1,738. A similar drop today would shave 8,000 points off the DJIA.
The early market carnage in 1987 looked something like this last Thursday and Friday. The Dow sold off 2.4% on the Thursday before Black Monday and 4.6% on Friday. (The drop began Wednesday, as the Dow fell 3.8% that day.)
The effort to sell stocks on Monday, October 19, was so extreme that 11 stocks in the DJIA opened late, and 95 stocks in the S&P 500 did the same.
A Federal Reserve history of the event said, “At the time of the crisis, stock, options, and futures markets used different timelines for the clearing and settlements of trades, creating the potential for negative trading account balances and, by extension, forced liquidations.” It added that there were no mechanisms in place to slow the sell-offs.
Jim Cramer observed that another Black Monday could be tomorrow because of the economic destruction that new tariffs will trigger. He added that the market is being propped up by good employment numbers last week. He commented, “If the president doesn’t try to reach out and reward these countries and companies that play by the rules, then the 1987 scenario… the one where we went down three days and then down 22% on Monday, has the most cogency.” The market did recover after about two years, and the drop did not cause a disaster across the rest of the economy. There was not a significant recession until 1990.
A large block of tariffs completely differs from the factors that caused the 1987 crash. They are a tax on consumer and business spending, which immediately affects consumer sentiment. Consumer spending is two-thirds of GDP. Consumer spending plunges lead to layoffs, which trigger profit challenges for businesses. Tariffs also cause inflation. The reasons for the markets to stay down this time multiply
There will be future selloffs in the market, which could be violent
I would say, even if the tariffs stay at 10%, the damage is done. Most will not comprehend what is about to happen. Of course, predicting what will happen is a fools game. Lets see what the futures do tonight.
Come on, 2027….
Pope Francis makes surprise public appearance after leaving hospital two weeks ago
Sunday, April 6, 2025., CNN News
Pope Francis made a surprise public appearance on Sunday, the first time the leader of the Catholic Church has been seen in public since leaving hospital two week ago.
Francis greeted crowds at the Vatican and seemed to be in good spirits. He was seated in a wheelchair and wearing what appeared to be a nasal canula aiding his breathing.
The 88-year-old pontiff spent five weeks in hospital with pneumonia in February and March. According to his medical team, the pope came close to death during the illness.
Francis appeared to look in better health than when he was last seen in public, which was two weeks shortly before he was released from Rome’s Gemelli Hospital. At that time, he struggled to speak and raise his arms, but managed to wave to people and gave a thumbs up from a balcony.
On Sunday, the pope appeared to move his arms around with more ease. His voice was still weak, but stronger than two weeks ago.
The pope’s appearance had not been previously announced.
Crowds of worshippers gathered at Vatican’s St. Peter’s Square on Sunday to celebrate a regular Lenten mass, with no-one there expecting the pope to make an appearance.
When the smiling pontiff was wheeled in, those there cheered wildly.
This is a developing story and will be updated.
He’s the energizer bunny!
This is actually great news that the Pope is recovering. I don’t like Pope Francis personally as I disagree with his anti-Christian pro leftist viewpoints. But his recovery means that Malachy’s prediction will hold and the events spoken of in Revelations will continue to unfold according to the Holy Bible.
Rejoice, Jesus Christ is on his way as we speak but it will get real rough before then.
Yep. So far, so bad.
And as I predicted damage control is coming out. The Tariffs, are not being implemented, it’s simply trade imbalance adjustments now, and those needed to be addressed. However, businesses feel the public has bought the lies and they can raise prices, and close stores anyways, tariffs or not. Manufacturing is not come back to the USA in mass. All the Federeal layoffs, were employees being offered early retirement and severances, or supplemental and temporary workers that were going to be let go anyways. Nobody is being kicked to the curb with nothing.
Once again we are being lied to. Yet oddly the lies have an effect on the markets just like the truth would have.
Hard to disagree with anything you say. We keep hearing about “reshoring”, yet the trade imbalances continue to grow. Foreign nations continue making money off of America.
Eventually, the US will just walk away from its dollar and federal debt “obligations” and start again.
Who’s going to do anything anyway? Own the hard assets.
Elon Musk is parting ways with the Trump regime. He’s now talking about how America and Europe should have a free trade agreement and that he disagrees with the tariffs.
The problem with Musk’s hopes is that it will never happen. The EU and European nations have too many restrictions, requirements, and tariffs to make that a reality.
Musk is losing a lot of money right now and while he hates the concept of tariffs, what he really means is that he hates that the United States would implement them. He just wants the status quo, so he can go back to making money and selling Tesla’s in China.
Trump Promised a Manufacturing Boom. Industries Are Not So Sure
Catherine Lucey
Donald Trump holds a reciprocal tariffs chart in the Rose Garden on April 2.
(Bloomberg) — President Donald Trump has vowed his historic tariff blitz would revive domestic manufacturing, but industry worries about his approach are raising fresh doubts about whether he can deliver on his promise of an economic boom.
In the Rose Garden on Wednesday, Trump declared “jobs and factories will come roaring back into our country” and predicted new “golden age” in America. Since then, he has stood by his decision to hike US tariffs to their highest levels in more than a century, even as the move sparked a global market meltdown.
Some manufacturing advocates and economists questioned Trump’s underlying logic, saying supply chain issues, high costs, workforce needs and the laborious process of moving production to the US stand in the way. Continued uncertainty about Trump’s long-term policy could also have a chilling effect, they said.
If the tariffs aren’t enough to convince companies to move operations to the US, it could mean Americans bear the heavy burden of the economic havoc Trump’s announcement unleashed without the promise of future benefits. That could heighten political risks for Trump and his fellow Republicans.
“While we certainly agree we should aggressively pursue any policy that helps us make things in America, the idea that you can move every part of the manufacturing process back to the US does not align with reality,” said Kip Eideberg, senior vice president for the Association of Equipment Manufacturers.
Eideberg, whose group represents makers of equipment used in construction, agriculture, mining, utilities and forestry, added that with businesses relying on components and labor from around the world, “you can’t just pick all that up and just move it over the US.”
Economists say companies are not going to commit to the time and investment required to reshore production to the US if they don’t think the tariffs are permanent, and Trump has vacillated between saying his policies will never change and he’s open to negotiations.
Economic gambles
“We remain very skeptical that tariffs will trigger a large wave of reshoring, given the huge labor cost savings available by producing goods overseas, as well as uncertainty about how long protectionist policies will last,” Samuel Tombs, chief US economist at Pantheon Macroeconomics, said in a note.
The White House pushed back on criticism Friday. Top Trump policy adviser Stephen Miller declared on Fox News that “changes in advanced manufacturing technology, 3-D printing, robotics, artificial intelligence” make it “more and more affordable to manufacture, produce and build at scale in the United States.”
With his tariff strategy, Trump is betting both economically and politically that any short-term pain over tariffs is worth it for a restructured US economy. Early in his presidency, President Joe Biden made a similar gamble, passing a series of infrastructure and pandemic relief bills that he said would eventually boost the economy even as Americans grappled with inflation.
In Biden’s case, voters did not see impacts quickly enough to inspire them to hand control of Washington to Democrats in 2024. Trump is constitutionally prohibited from serving a third term. But if voters sour on his policies, that could spell trouble for his party in the 2026 midterm elections or the 2028 presidential race.
How long?
“It makes people nervous,” said Dennis Darnoi, a Republican strategist in Michigan, where there will be a race for an open Senate seat and governor in 2026. He said the question is where political moderates land on Trump’s policies. “How long are they going to give him before things start to sour?”
A CBS poll released before the tariff announcement showed that 55% of Americans though that the Trump administration was focused too much on tariffs and 64% thought they were not focused enough on lowering prices. That poll also showed that just 23% thought that Trump’s financial policies are making them financially better off.
Aftershocks were evident immediately for manufacturers after Trump rolled out his plan. Levies rose to 46% on Vietnam, a vital location for Apple Inc. and Nike Inc. Cambodia, where Abercrombie & Fitch Co. gets about one-fifth of its merchandise, faces a 49% rate. Indonesia, where Japan’s Panasonic Holdings Corp. operates, was hit with a 32% charge.
Jay Timmons, president of the National Association of Manufacturers said in a statement that the tariffs “threaten investment, jobs, supply chains and, in turn, America’s ability to outcompete other nations.”
Scott Paul, who heads the Alliance for American Manufacturing, a partnership of the steelworkers union and manufacturers, was more bullish.
“There will be adjustment. This will take more than hours or days. It will take more than weeks months or longer,” he said. “I actually think moving forward that things are going to get better, not worse.”
Exemptions sought
Before the tariff announcement, some companies sought to boost investments in the US. Hyundai Motor Co. announced plans to build a new steel plant in Louisiana last month and did an event with Trump at the White House.
White House spokesman Kush Desai cited investments from companies like Apple and Hyundai as “indicative of how this administration is working with the private sector while implementing President Trump’s pro-growth, pro-worker America First agenda of tariffs, deregulation, tax cuts, and the unleashing of American energy.”
Still, one emerging challenge to bringing manufacturing back is Trump’s own tariffs, companies say.
In recent months, businesses have filed hundreds of requests to the US Trade Representative for exemptions on China tariffs for machinery needed to set up US production lines and that they say cannot be sourced domestically.
Among them is Tesla Inc., led by Trump adviser Elon Musk. Tesla filed a series of requests for exclusions just two days before Trump announced his latest duties, arguing that exemptions would help them boost manufacturing in the US.
Another issue is whether the US has the workers to staff more manufacturing facilities. There were 482,000 open manufacturing jobs in February, according to the Bureau of Labor Statistics. In a survey of manufacturers conducted by NAM in the first quarter of 2025, 48.4% cited attracting and retaining a quality workforce as a challenge. And Trump’s crackdown on immigration could also slow labor force growth.
Looking ahead, Trump is hoping to further juice economic growth with an upcoming tax bill. But economists at the non-partisan Congressional Budget Office have cautioned that an extension of Trump’s 2017 tax cuts won’t yield much economic growth because it mainly lowers individual taxes, rather than business levies.
Republicans are still debating what will be included in the bill, but the legislation will likely heavily tilt toward rate cuts and deductions for households, rather than big reductions for corporations.
I think we realize this has very little to do with a manufacturing boom, and more to with with a system wide bust!
And setting the table for the upcoming global conflict as the global economic landscape goes up in flames.
Triffin dilemma: In October 1959, a Yale professor sat in front of Congress’ Joint Economic Committee and calmly announced that the Bretton Woods system was doomed.1 The dollar could not survive as the world’s reserve currency without requiring the United States to run ever-growing deficits. This dismal scientist was Belgium-born Robert Triffin, and he was right. The Bretton Woods system collapsed in 1971, and today the dollar’s role as the reserve currency has the United States running the largest current account deficit in the world.
Stone may have referenced this recently, but just in case. Since when don’t deficits matter!?
One more point. This scheme is called Trumps Liberation. Its really the exact opposite. Enslavement and bondage!
What cracks me up is how almost every nation thinks tariffa are terrible and Trump is so stupid. Skousen is out pounding that Trump is doing Smoot-Hawley again.
What a bunch of misguided fools are in way over their heads. ALL ALL ALL Nations around the world employ a large infrastructure of tariffs. Canadians are a bunch of hypocrites as their markets are very well protected with tariffs. They run about $65 billion dollars a year in a trade surpluses with the United States. Same thing with the Mexico. All of the Asian Nations and the South American nations and europe, are all complaining about tariffs and the great depression. But these nations think tariffs are fantastic for their own countries. They just think it’s terrible that the United States is thinking of employing them.
The Smoot-Hawley Act was enacted when the United States was running large trade surpluses. This is apples and oranges. Joel Skousen was a fighter pilot and is certainly not an economist and every time he opens his mouth regarding this stuff his foolishness just keeps oozing out. That’s why I stopped subscribing to him years ago.
Everyone laughs at the United States and thinks it is populated by a bunch of idiots, but when it comes to tariffs, they still think the United States should be some sort of paternal figure that builds up all other nations at its own expense.
Suicide and drug use rates are through the roof in my old country. My country! Families are broken and people are bankrupt in my own country. That’s because the industries are all gone.
I’m America first. I’m not saying I agree with whatever Trump is doing, but I’m sick and tired of listening to a bunch of economic armchair quarterbacks. This is especially true of the Canadians and Europeans. A bunch of know-it-alls who are full of opinions but couldn’t even tell me the time.
I hope China burns in hell. How dare they think that they can build up their own nation at the expense of my own and then try to make Americans feel guilty for wanting to change it. The alt media are bunch of fools.
This is fantastic. Have to know where we came from to understand were we are. So the Soviet Union is no more but the powers that financed it still are. Why do they want to destroy America so bad? We know. I fear that’s it though.
://youtu.be/mZuHcPnni14?si=j1bktheQIR4blc59
It’s funny even the free AI chatbot on Facebook/messager can tell you who financed the bolsheviks. It’s quiried infrequently enough that it doesn’t need to be suppressed. Lol…
Interesting. I’m not on Facebook, so I miss out on a lot of stuff. The powers don’t even care anymore what we think.
I started being America First in the early 90s during that recession from 1990 to 1992. I supported Pat Buchanan in 92 and 96 because he discussed a lot of things that should have been talked about. He talked about imposing tariffs on countries that restricted our exports to them. Of course he was demonized by both the mainstream republicans and all democrats. Such hypocrisy we have in our government at the time. Trump is doing right with these tariffs but it is a day late and a dollar short.
The last time I voted was in 1992 when I voted for Ross Perot for president. I recalled the great big sucking sound he referred to of jobs and the economy going overseas.
That’s already 33 years ago. That’s when these tariffs should have been implemented. We’ve had nothing but evil globalists in the White House ever since. Daddy Bush is burning in hell for what he did to the nation founded by Manasseh.
Daddy Bush should burn in hell. I just graduated college in 1989 and went to grad school for two years and finished that in 1992. Both graduations I could not find a decent job as the jobs all dried up by 1989 and didn’t come back until the mid 90s. Mean while Daddy Bush turned his back on the USA economy and let it flounder.
That’s when I did a lot
Of research into the global cabal running the whole
show from behind the scenes.
Pat Buchanan also pointed that out and really struck a chord with me and still does.
I felt Daddy Bush and the people working with him were a bunch of stuck up self righteous condescending assholes who were no different than the democrats.
The early 90 s really sucked for college graduates as many of them could not find jobs unless they had family members in high places to help them get a job. That’s when I realized that this whole idea that you should go to college in order to get a high paying job
Is a big lie and still is today. It was a time when I started waking up. In 1994 I woke up to the light of Jesus Christ after reading Betty Eadie’s book “ Embraced by the Light “ . The world is a very depressing place without believing the hope that Jesus Christ showed us. Those who realize the world is an ugly place are the intelligent ones .
It was right around the time of Clinton’s second regime that I figured out the asset owners were going to be the winners.
After a short-term hiccup with the 2008 collapses, I realized that the implementation of QE was primarily designed to allow the global new world order to flourish and allow the asset owners to consolidate their wealth and power. I stated so on Henry Makow’s website in 2012-13. I warned the readers to get out of gold and silver at the time and into assets like houses and stocks. That was because global investors approved of QE. QE was an entirely new monetary system.
I recall the six condos I bought in 2014-16 that were going for $50 to $60,000 a piece. The condo associations were busted out and the condos didn’t qualify for federal financing.
As of 2 years ago when I started selling them, they were going for at least $250k. But I dumped them in tax-free exchanges, so I didn’t have to pay six figures in taxes.
I hate Maryland’s government so much that I avoided having to pay at least $50,000 in state income taxes to Maryland. What’s even worse is that I transferred that accumulated wealth out of Maryland and into Virginia. That’s how I stick it to the multicultural man.
Hi everyone! I am a European prime minister with my libtard ass supporters. The reason why we have so many barriers to trades on imports is because our nation has a lot of important environmental requirements that the US suppliers can’t fulfill. We EU people must uphold our rigorous requirements.
Fiat currency and the FED already did that. Fait currency can only have value with Enforced taxation. The founding fathers knew this. That’s why gold and silver were written into the constitution. I think it was Thomas Jefferson that said central banks are more dangerous than standing armys.
Indeed. That’s why Hamilton is also burning in hell.
Andrew Jackson is one of my top three favorite Presidents. He kicked out the Rothschild bankers and paid off the national debt.
Thomas Jefferson was the only true Democrat.
But I heard he was banging his slaves! That means he’s evil and a hypocrite.
I’ve written about this at least a couple dozen times.
Except from Daily Mail. Hedge funds hit by Lehman-style MARGIN CALLS sparking doom loop fears
Hedge funds are facing Lehman-style margin calls as a market crash triggered by President Donald Trump’s tariffs raises fears of a looming ‘Black Monday.’
The market’s sharp downturn has forced hedge funds to sell off assets, with major Wall Street banks demanding collateral after the value of holdings sharply declined, according to sources familiar with the situation.
Many now fear a repeat of the devastating ‘Black Monday’ from October 19, 1987, when the Dow Jones Industrial Average plummeted by 22.6 percent, the largest one-day percentage drop in history.
It comes as a 10 percent global ‘baseline’ tariff came into place late last night, hitting all US imports except goods from Mexico and Canada. Come April 9, around 60 trading partners – including the European Union, Japan and China – are set to face even higher rates tailored to each economy.
Following Trump’s tariff chaos, several major banks issued the largest margin calls to their clients since the onset of the COVID-19 pandemic in early 2020.
The scale of the calls – across multiple sectors including tech and consumer stocks – has sparked concern that the steep sell-off will continue into Monday.
When margin calls are issued, they can create a vicious feedback loop as selling stocks to meet the call can push prices down more.
Gold fell more than 3 percent Friday, erasing gains from earlier in the week, as investors were forced to shed bullion to cover their losses.
Yes. The Jew Banks are cutting off credit. The Jews don’t want the serpent to perish. They do not want the United States implementing any tariffs and will destroy all the asset markets to prove a point.
As always, it starts with the banks.
I bet that the Jew synagogue banks would engineer the same set of margin calls if the export driven economies encouraged American imports. It’s all about having America spread its dollar.
Nothing can stand in the way of the dollar the Jew Banks will destroy the entire world’s economy in order to keep the dollar front and center and America as the host of the parasite Jew.
But wait, I was told that the organized churches said the Jews were God’s chosen. I’m so confused
I agree with this 100%. The SoS will take everything down to stop the USA from asserting its sovereignty. The USA must support the world while it goes broke and bankrupt.
Right! They will ride the dollar system right into the ground! Can’t have a new system without killing the old.
oy vey!
Company declares force majeure
(Reuters) – Howmet Aerospace, which supplies parts for planes built by Airbus and Boeing, may halt some shipments if they are impacted by tariffs announced by U.S. President Donald Trump, according to a letter seen by Reuters.
Pittsburgh-based Howmet said in the letter to customers that it has declared a force majeure event, a legal practice that allows parties to a contract to avoid their obligations if hit by unavoidable and unpredictable external circumstances.
“Howmet will be excused from supplying any products or services that are impacted by this declared national emergency and/or the tariff executive order,” Howmet wrote in the letter.
Howmet declined to comment.
Howmet is a supplier of critical metal components used across the $150 billion jetliner industry.
Boeing and Airbus did not immediately reply to requests for comment on the letter, which three industry sources said went to multiple firms across the aerospace sector.
It appeared to be the first such maneuver by a major aerospace company since the tariff announcement, one of the sources said.
Howmet’s rare legal declaration does not mean that supplies will automatically be halted or disrupted but opens the door to the supplier potentially claiming it cannot meet its contracts if impacted by the emergency order.
The letter left room for negotiations over sharing the cost of tariffs, saying Howmet would work with customers “including discussing your interest in alleviating the impact of the Tariff Executive Order on Howmet.”
The three industry sources said any successful declaration of force majeure could ripple through the supply chain as companies attempt to pass on the burden.
The move is the latest wrinkle in a hard-hit aerospace supply chain where some companies now face higher costs due to U.S. tariffs on imported aluminum and steel along with fresh duties expected to hit imports from other countries.
On Wednesday, Trump cited trade deficits as a national emergency when he announced tariffs with rates ranging from 10% to around 50%, escalating a dispute that has rattled investors and fed fears of a coming recession.
Aerospace companies typically contest such maneuvers, two of the sources said, adding that the success of Howmet’s move would hinge on the degree to which the tariffs were unpredictable, given that Trump had referred to them in his election campaign last year.
A Jew controlled media outlet reporting on a Jew controlled firm.
The current world order must continue until the bombs start dropping on America in World War 3. That will be the real force majeure.
I am sending out a big warning to those loving Bitcoin. I guarantee we’re going to see some runs on bitcoin.
Bitcon.
Bitcoin and other cryptocurrencies are just a blip on a computer screen with nothing backing it up but investors willing to pay so much for it. There is no tangible proof you own bitcoins. If everyone sells bitcoin it will go back to being worth less than a cent.
If people deem it to have worth, then it has worth. I’m not here to question it as an asset per se, but if there are runs on assets, because the Jew bankers wanted that way, imagine if MSTR has to sell to meet some sort of margin call and the Street picks up on it.
Maybe this is why the market is down . Distraction is the name of the game.
https://www.19fortyfive.com/2025/04/china-will-launch-an-invasion-of-taiwan-in-next-few-months-intel-sources/
NG. The 10-year treasury yield closes at 3.99%, which is much higher from today’s low yield. I was hoping for more sustained drop.
The synagogue is driving the market down, so we never implement tariffs. The exporting nations can run the surpluses forever.
Dow Chemical is trading at $28 now… Dizzying. Its like covid XOM all over again.
My guess is Trump may make minor adjustments with certain countries that capitulate, but over all the tariffs are going to stay till the system breaks. This is it!
Except from Market Watch: We will see.
The selloff that followed President Donald Trump’s “Liberation Day” tariff announcement was large by any measure, a Black Thursday and a Black Friday. If they are followed by a Black Monday and Tuesday, then everyone is in trouble.
Back in October 1929, after suffering their own Black Thursday, traders also had a weekend to ponder what the new week would bring. It brought disaster.
The market went into free-fall from Monday’s opening bell. The selling only stopped, briefly, late Tuesday, from exhaustion as much as anything. Black Monday and Black Tuesday erased around a quarter of the market’s value in two days.
No doubt the Synagogue is crashing the stock market. It is their way of making Trump look bad.
Trump is their fall guy! Trump hears and obeys! The second coning of Hoover.
No tariffs have been implemented yet, it’s still all talk at this point. Shorts are having a good couple of weeks, I saw that coming but it’s too much of a hassle for me to short stocks. Many are oversold so there should be upticks next week as some did that today.
Also pay attention to your local towns. Many Asian companies like Singapore are opening businesses in my area, they are doing the same in your towns. The speed the city council approved all of it is shocking, within a couple of months. They are using those fiat dollars they were given to buy all things American and turn it into China from within.
I’ve said before just from my observations that there won’t be a military invasion, they are moving here, and they are already here and they are breeding out and replacing natural born citizens.
REPLACEMENT is the keyword for the force majure. REPLACEMENT
You cannot defend your Country if the enemy uses legal means to take it over. Buying all the elected officials, who give law enforcement employees and national guard members orders and the means to prevent defence from civilians.
BOOM!
Looks like customs are now collecting the tariffs. Put your seat belts on!
Everytime I hear China worldwide continuously lie through its teeth about how they want a multipolar world and criticize the USA on wars, invasions, etc. I realized what a snake that country is.
Furthermore, I read comments from stupid imbecile praising China as the agent of reason and even saying better to be under a Chinese structure. How stupid can you be to support the full core manifestation of communism?
I recently visited Taiwan and it is everything opposite to China. America is praised everywhere in Taiwan.
It is what China was supposed to be before the communists kick Chiang Kai Shek out of China funded by Jewish bankers to Mao Zedong.
You got that right. I see the Taiwanese corporations and government working with the United States about bringing factories here to our shores. I see TSM and other Taiwanese corporations, who were made rich off the backs of the American consumers, willing to spend up to a trillion dollars and invest in the United States.
Something has to change. The only thing CCP China is doing here in the states is buying up farmland in shell corporations.
I was watching something interesting saying that there is good evidence that Ghina has been drastically overstating there population and that it may have been half of its stated level before the scamdemic. Adding to that the sinovac was maybe much more lethal than the other jabs and took out 100m plus of them? Food for though Who knows, it tough sifting through the liers clubs layers of bullshit.
Make that 400M…
And that’s just one of the compelling reasons the CCP will attack the land of unwalled villages!
The planets are aligning. It seems that Americans will still have their second amendment and will completely annihilate any of the troops that make it to shore. That’s what it says in Ezekiel 38 and 39. Americans will be working full-time for 7 months to bury the Chicomm dead.
It is my understanding they will be piled up in the grand canyon.
Sounds good to me. When the Grand canyon is filled up, we can light ’em all on fire. The orientals are non-Adamic man anyway, and I don’t really care what happens to them. Why? Not only do they not care about me, but they hate and exploit my people.
I have been studying Chinese history some extent and there were never any historical timeline discontinuations because of any flood that supposedly washed across the entire planet. The orientals were here a lot longer before Adamic man came along in Genesis 2.
I just prefer we turn our backs on these Oriental nations and bring jobs back home. I’m tired of seeing my people struggle.
As Moses once famously said, let my people go! Perhaps we’ll see a second Exodus soon.
Yes, there will definitely be a Second Exodus. More spectacular than the first one!
Maybe Trump should start filling the SPR back up….
Given the current set of circumstances, I was hoping Treasury bond yields would fall even further. Currently the 10-year yield sits right below 4%. Let’s see if it can fall any more. Energy commodities are really getting hit hard this morning and continue the trend of the past few days.
Although the situation may look dire, I am encouraged to see deflationary forces prevailing here, rather than seeing inflationary forces rise.
I am encouraged to see Treasury bond yields fall rather than rise. I just hope to see them fall further.
On paper, what Trump is saying seems compelling enough. He’s promising to slash trillions in personal and corporate income taxes as a trade-off for tariffs.
I suspect the ultimate goal will be a North American Union mechanism with nearshoring deals with Mexico and Latin America. There may be an expanded Oceania-type of setup as well. I suspect the ultimate goal will be getting rid of China as a supply chain source.
I know this much, China has much more to lose here than the United States. The United States will be fine through all this, regardless of what the alt-media say. Foreigners hold a lot less of US Treasuries than before.