If he weren't just doing this to profit off of market manipulation at all of our expenses I'd be adding this to the very short list of good things he did, including declassifying US endorsement of Syrian rebels and protecting rights to unionize (in Mexico...)
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I understand balancing trade deficit is improtant, but the way to fix a mole on your feet is not by shooting it.
Idgaf about trade deficits, we're a trade surplus with SAE by 270%.
I just want to reduce imports from China. They've fucked around and now they need to find out.
You know the first time I responded to the article, my brain rejected the title so I made a fun dumb meme.
Now my brain understands the title is real, and it doesn't understand that reality is bullshit
Well, that puts them off until after the Switch 2 launch, so good for Americans who are able to get one at launch, I guess.
Damn he really just be doin shit
Wtf is going on
HEYYEYAAEYAAAEYAEYAA
They are literally pumping and dumping the stock market as a whole. It's market manipulation by tariff as they make bank on peoples fear.
announce tariffs > market uncertainty > sell off stocks > value goes down > buy the dip > pause tariffs > markets recover > laugh all the way to the bank
or something like that
Simply buying VIX will work too.
At this point, I am convinced it's a pump and dump scheme, still ongoing, too. It only takes a few people in the know of when and where the news break about the tariff supsension, to seriously make a killing on the market, on the backs of others. Trumpists can now also (for a while) feel like their God has saved them again and never steered them wrong, or curse their momemts of doubt, when they did not buy yesterday, as their prophet called for.
It is a mixture of incompetence, impulsivity, but I am certain at this point, a huge chunk of it is outright corruption and cult tactics.
I honestly believe it is intentional as well. The 90 pause that went around social media the other day wasn't a mistake it was a leak.
They'd be stupid to not be financially gaining from their intentional manipulation. We hired an entire administration of grifters, what else should we expect?
This just proves that US tariff policies are unstable.
Why would any company move production to US based on tariff then? Imagine spending money to move a factory from China to America, and the next month tariffs flip flop and your competitor laughs at you all the way to the back counting earnings from their Chinese imports.
This is so stupid. He announce tariffs, markets tank. He pauses, markets rebound. He then imposes tariffs, markets tank. He pauses.... oh he's jerking off everyone. got it.
I'll give you one guess when he and his cronies are buying and selling stocks.
Pure fucking market manipulation.
At this point I kind of hope China goes nuclear and implements a complete import and export ban with the United States. China has the social infrastructure inplace and debt head room to borrow their way out of any kind of financial crisis. The United States does not.
So if the other day was liberation day, then today is…?
Capitulation Day
Decapitation Day.