I think it’s mainly about one thing: the US president is using his power to manipulate the stock market to enrich himself and his partners.
How did I come to this conclusion? Because he has done this repeatedly over the past six months.
This is organized crime, not politics.
This is exactly what the mob was doing with the unions and all sorts of businesses back in the day. Trump knew a lot of those guys through Roy Cohn. The mob never really went under, just the stupid ones like Gotti that did their business in the open. The smart ones met guys like Cohn who could wash their money and put it to work to legitimize them. They formed a little chrysalis, an organized crime/politics incubation chamber, and what emerged was Donald Trump.
He also bragged about them doing it on camera. So there is that.
“I mean, we’ve set the deal. It’s at 50 percent,” he said at the White House.
Just not now. But we totally have a deal. 50% or we walk. In a month or two. Maybe longer. 50%, folks.
In Two Weeks™
In five and a half weeks™
What’s crazy is that he was just bragging about having a deal with them. He’s so stuck on his tariffs that he’s forgetting about “winning” or the appearance of winning. It he just finds an excuse to claim victory and end the tariffs, the average low-information American would believe him.
So he went back on having a deal. But now they have a deal again.
Now he looks like a weak loser.
It was never about the tariffs. It’s about market manipulation.
Just like his buddy
Orange Chicken?
Don’t insult food like that
Benito Cheetolini
One good explanation is that Trump is using the tariffs to profit.
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Step 1: Announce a massive tariff, causing the markets to plummet.
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Step 2: With stock prices down, Trump and his minions scoop up cheap stocks.
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Step 3: Announce a temporary roll-back of the tariffs, causing the markets to rally.
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Step 4: Trump and his minions sell stocks and take their profits.
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Step 5: Rinse, repeat.
An alternative explanation is that Trump has poor impulse control and has a deep-seated need for attention, so he throws out massive numbers for tariffs. Then, stocks plummet and bond yields rise, raising grave concerns about the financial stability of the U.S… Anyone in his administration with any inkling about economics panic, warn him of the potential for financial collapse and the end of his regime. Fearing for his own future, he then walks back the tariffs in an effort to attempt to mitigate the harm he has caused.
Honestly, I don’t know which it is, but what I do know is that this tariff merry-go-round is not sustainable, and eventually the U.S. will lose all credibility and the money pulsing through our markets will seek saner grounds elsewhere.
Trump is dead serious about the tariffs. He’s been dead serious about tariffs for pretty much his entire adult life. This obsession goes back decades. Yes, people are opportunisticly using the chaos to profit, but the chaos is not the plan, just a side effect of Trump’s total inability to plan.
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Not quite chickens out. He postponed it with 9 days (edit: 5 weeks - 9th of july). It does sound like he does not mean anything of what he says though. At this point I believe it’s more of a market manipulation method to pump value into stocks before they get sold .
He can keep this up forever though as long as it makes him and his friends money
He postponed it five and a half weeks. The new date is 9th of July.
The Commission President said that talks will begin rapidly. Thank you for your attention to this matter!”
He’s like a child that just learned a new phrase with the ‘attention to this matter’ thing lol
He couldn’t deal his way out of a soap bubble with a sword in his hand. But he can spin defeat better than anyone.
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lol he is selling this as “they begged me to delay it”
what a fucking pile of melting pudding
Shocked, yes shocked I am that a demented rapist who slathers his face with orange paint and is incapable of completing a single thought has been ineffective at leading the worlds largest economy.
We NEED Tariffs! We DONT need Tariffs! This is 7D CHEESE!
What are tariffs? Are they fit to eat?
