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.
Trump temporarily drops tariffs to 10% for most countries
171–180 of 1001 posts
Re: Trump temporarily drops tariffs to 10% for most countries
#172[flagged]
If about 30 million people count as a fringe number, yes.
Re: Trump temporarily drops tariffs to 10% for most countries
#173Re: Trump temporarily drops tariffs to 10% for most countries
#174So 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.
Re: Trump temporarily drops tariffs to 10% for most countries
#175Earlier 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.
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
#176Too 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.
Re: Trump temporarily drops tariffs to 10% for most countries
#177So, it was all a bluff? (As many people suspected it would be.)
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
#178Earlier 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.
Re: Trump temporarily drops tariffs to 10% for most countries
#179Earlier 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??
Edit: On second thought, he wouldn't even have to, since he already has immunity anyways.
Re: Trump temporarily drops tariffs to 10% for most countries
#180[flagged]