J.J.

Free Trade Advocate - Bourbon Guy - Horse Racing

[J.J. @J_2Tha_J]

Praying for the people of Venezuela today as they protest for freedom and to end the reign of Dictator Nicolas Maduro. #VenezuelaGritaLibertad

[Newt Gingrich @newtgingrich]

With President Trump there is always a plan B. When I heard Secretary Bessent say a few weeks ago they had already thought through contingencies for the potential Supreme Court decision I quit worrying. I knew that the President had already anticipated losing his first round on tariffs to the Supreme Court and was preparing to move forward not backward, on offense not defense, if that is what happened. The details will be important to countries and businesses but the general pattern will be the same as it was pre-Court. Always look for the Plan B when you are trying to understand President Trump.

[J.J. @J_2Tha_J]

A renewal attempt without congress would be litigated immediatly.

[Ryan Petersen @typesfast]

The new global 10% tariff that Trump just imposed is done under the authority of Section 122 of Trade Act of 1974. This gives the President the authority to impose global tariffs of up to 15% for a maximum of 150 days.

Two predictions:

1) Trump will at some point soon find a reason to boost the tariffs from 10% days to 15%—don't make him mad, Canada!

2) On July 20, 2026, exactly 150 days from now, the Section 122 tariffs will be paused for 15 minutes and then immediately reinstated for another 150 days.

[J.J. @J_2Tha_J]

This is my quant.

[Geiger Capital @Geiger_Capital]

I don’t want to be dramatic but…

If $NVDA misses earnings today the market is literally going to zero.

[Fox News @FoxNews]

WALLET RELIEF: President Donald Trump announced Friday that he was lifting tariffs on goods including coffee, bananas and beef, among others.

[J.J. @J_2Tha_J]

If Howard Lutnick was so confident in the supreme court upholding the tariffs one would assume the company Cantor Fitzgerald that he owns 60% of would not be offering to buy companies claims to the refunds at 30 cents on the dollar.

[MJTruthUltra @MJTruthUltra]

Howard Lutnick: KABOOM 💥

President Trump will WIN the SCOTUS Tariff Case and the economy will go 🆙🆙🆙!

If by chance SCOUTS rules against him, “there’s something called section 232 which is also about tariffs, so there are plenty of tariff rules that the President has no matter what. The answer is, these judges are going to side with Donald Trump.”

https://t.co/F4nNnd3wtF

[J.J. @J_2Tha_J]

Price increases incoming.

[Peter Navarro @RealPNavarro]

Furniture and kitchen cabinets were once proud American industries, gutted by China with help from Vietnam, Malaysia, Indonesia, and others.

President Trump’s tariffs are critical to protect our craftsmen. 🇺🇸

[J.J. @J_2Tha_J]

@scottlincicome Headboards are now a national security threat.

[J.J. @J_2Tha_J]

If someone wants to pay more for everything they buy, this is a good chart.

[The White House @WhiteHouse]

The numbers speak for themselves: OVER $150 billion in tariff revenue.

[J.J. @J_2Tha_J]

I have a trade deficit with Costco every week.

[United States Trade Representative @USTradeRep]

President Trump is using tariffs as a powerful tool to reduce our trade deficit and put America First after decades of unsustainable trade deficits that threaten our economic sovereignty and national security.

The Trump administration continues to engage with our trading partners to achieve fair, balanced, and reciprocal trade.

[J.J. @J_2Tha_J]

Weak jobs numbers for industries all hit by tariffs. The only success, if you can call it that is the massively subsidized health services industry.

[J.J. @J_2Tha_J]

Inflation incoming

[The White House @WhiteHouse]

WELCOME TO THE GOLDEN AGE ✨

Thanks to the leadership of @POTUS, the U.S. has generated over $150B in tariff revenues within the past 6 months. 💸

[J.J. @J_2Tha_J]

Even if Powell gets fired, the Board of Governors are going to set policy according to how they see economic conditions. It gets Trump nowhere.

[MacroEdge @MacroEdgeRes]

Trump reportedly asks Republican lawmakers if he should fire the Fed chair and lower rates

#MacroEdge

[J.J. @J_2Tha_J]

Tariffs are excluded from PPI

[JD Vance @JDVance]

It's almost like the economics profession doesn't fully understand tariffs

[J.J. @J_2Tha_J]

@APompliano @sandislonjsak you don't think companies have inventories to work their way through at old costs before passing along a price increase? Just wait.

[J.J. @J_2Tha_J]

@Acyn Sure we keep implementing inflationary policies but it’s the feds fault.

[J.J. @J_2Tha_J]

@scottlincicome For a “deal expert” he sure had a lot of countries not pick up the phones and call.

[J.J. @J_2Tha_J]

Letting the letter run into page two isn’t classy.

[Acyn @Acyn]

Trump posts letters addressed to the leaders of South Korea and Japan announcing 25% tariffs

[J.J. @J_2Tha_J]

We import 130B worth of goods from Vietnam every year. Now U.S. importers are going to pay a 20% tax for doing so. In turn Vietnam imports 12 billion of goods from the U.S. Ford will never be able to compete on price with Vinfast, BYD, Xiaomi etc.

[Howard Lutnick @howardlutnick]

Our trade deal with Vietnam is a massive win for America's businesses, manufacturers, and farmers!

For the FIRST TIME EVER, Vietnam will open its market to the United States. They will pay 20% to sell their products here, and 40% on transshipping - meaning if another country sells their content through products exported by Vietnam to us - they'll get hit with a 40% tariff.

This is HUGE for our farmers.

[J.J. @J_2Tha_J]

In future studies I think we see the effect of No Tax On Tips is a reduction in the total tipped amount, unless you gave the the person tipping a tax deduction as well.

[unusual_whales @unusual_whales]

BREAKING: U.S. Senate unanimously passes the No Tax on Tips Act.

It will eliminate the application of the income tax on qualified tips.

[J.J. @J_2Tha_J]

Use the tariff revenue to automate the ports. Get rid of the Mob. This is blackmail putting a gun to the head of the American consumer. Send bootleg Dave Ramsey home.

[Indy @indygerl]

“I will cripple you.” —Harold Daggett, leader of ILA. #PortStrike #ILA