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Trump temporarily drops tariffs to 10% for most countries

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Re: Trump temporarily drops tariffs to 10% for most countries

#171
So if you cozy up to the mad king, he'll tell you what he plans to do with appropriate notice. This is the least American tyrannical bullshit I've ever seen in this country, and nobody should be condoning it.

The most important thing that can be done for the prosperity of America right now is to put an end to the senseless fraud and nonsensical policy promoted by the snake oil salesman of the MAGA movement.

Re: Trump temporarily drops tariffs to 10% for most countries

#174

So we're all in for another ride like this in 3 months? How are businesses supposed to plan anything in this environment? As nice as this surge is, I'm more focused on upping my cash reserves and bracing myself for a recession.

The administration has signaled that they expect to negotiate acceptable balance-of-trade deals with the US's Asian allies over the next few weeks. If that happens, I can see businesses being certain enough to make investments. Until then I'm bracing for a recession too.

Re: Trump temporarily drops tariffs to 10% for most countries

#175

Earlier quoted context omitted.

It's almost like the whole point is just to enable insider trading on a scale we've never seen before.

Is there any reliable instrument to find out? This seems so obvious, given the only alternative option seems to be believing they are completely insane.

The independent IGs installed after all Nixon's criming might be in a good position to check up on that.

But he illegally (without required notice period and specific reason provided to Congress) fired them right at the beginning of his term.

Re: Trump temporarily drops tariffs to 10% for most countries

#176

Too late for everyone who spent massively on flying in stock ahead of the tariff deadline. Too late for those forced to sell financial assets in order to pay margin calls. Too late for those working on projects involving foreign manufacturers which have now been cancelled due to tariff uncertainty. Too late for those who lost sales while they figured out pricing. Too early for the people fundraising to build US manuf…

It's almost like the whole point is just to enable insider trading on a scale we've never seen before.

Doesn't make much sense, if you're insider trading you profit more if you move one stock a lotlotlot vs all the stocks merely a lot.

Re: Trump temporarily drops tariffs to 10% for most countries

#177

So, it was all a bluff? (As many people suspected it would be.)

It brought a large number of countries to the negotiating table, and shows he’s willing to execute on threats of keeping tariffs high for an individual country.

Now is the ripe time, 90 days, to make a deal with the US and offer the best terms.

The whole point of Trump is to leverage uncertainty, make an unrealistically high water mark, then go down from there (to a point thats still very favorable)

This rationale can explain many actions he’s taken. Is it reckless? Risky? For sure. Does it work? It has in the past, let’s hope it does for the global financial system, for everyone’s sake.

Re: Trump temporarily drops tariffs to 10% for most countries

#178

Earlier quoted context omitted.

It's almost like the whole point is just to enable insider trading on a scale we've never seen before.

Is there any reliable instrument to find out? This seems so obvious, given the only alternative option seems to be believing they are completely insane.

I mean it's all right there out in the open. He fired anyone who could hold him accountable and now he is openly manipulating the markets.

Re: Trump temporarily drops tariffs to 10% for most countries

#179
post #83

Earlier quoted context omitted.

https://truthsocial.com/@realDonaldTrump/posts/1143082727259... > THIS IS A GREAT TIME TO BUY!!! - @realDonaldTrump today at 6:37 AM PST

How is this legal??

Doesn't matter if it is, he would just pardon himself.

Edit: On second thought, he wouldn't even have to, since he already has immunity anyways.

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