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Trump's Second Term

CNBC is saying that the meltdown of the bond market last night probably sent Schitler's people into a panic. Somehow, somebody finally got it through his thick ◊◊◊◊◊◊◊ skull, but I severely doubt tariffs are dead and buried. They'll rear their ugly heads again.
 
JayUtah said:
They won't, of course. As near as I can tell, the plan (if you can call it that) is to create chaos and then fix the chaos by going back to the status quo and then demanding everyone declare Donald Trump a genius.
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Well, look at the boom in stock prices, up 2000 in just 10 minutes, they will be up millions by tomorrow!
 
And the tariffs aren't really gone, they're down to 10% for everyone except China.


Trump tariffs drop to 10% universal rate for countries except China for 90 days: Live updates​

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And here comes the predictable spin:

‘This was his strategy all along,’ Bessent claims​

Bessent says that Trump was always planning to pull back his sweeping tariff plans for dozens of countries just days after announcing it.

“This was his strategy all along,” Bessent tells reporters at the White House.

“You might even say he goaded China into a bad position,” Bessent says, referring to the fact that China, which imposed retaliatory tariffs, now faces higher U.S. duties while others get a reprieve.
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Bull ◊◊◊◊◊◊◊ ◊◊◊◊!
 
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Rep. Steven Horsford to Greer: "So the trade representative hasn't spoken to the POTUS about a global reordering of trade, but yet he announced it on a tweet? WTF! Who is in charge? It looks like your boss just pulled the rug out from under you. There is no strategy ... this is amateur hour! ... is this market manipulation? ... what billionaire just got richer?"
 
JayUtah said:
Pres. Trump: "Tariffs will bring in billions of dollars and will offset the tax cuts I'm giving to the wealthy."
Also Pres. Trump: "Tariffs will force manufacturing to return to the United States, where everyone will have high- low-paying jobs sewing women's underwear."
[Economist whispers in Trump's ear]
Also also Pres. Trump: "No tariffs except for China."


They won't, of course. As near as I can tell, the plan (if you can call it that) is to create chaos and then fix the chaos by going back to the status quo and then demanding everyone declare Donald Trump a genius.
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There is no plan. Trump is just an idiot.
 
Posted by Donald this morning minutes after the market opens, then announces he is pausing tariffs 4 hours later.

Donald J. Trump
@realDonald Trump
THIS IS A GREAT TIME TO BUY!!! DJT

4.19k ReTruths 20k Likes 4/9/25, 9:37 AM
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Andy_Ross said:
Trump pauses higher tariffs for dozens of countries, but hikes China rate to 125%!!
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Good thing nothing made in the USA includes parts manufactured in China.

And good thing everything made in China has a counterpart made in the USA of the exact same quality.


;)
 
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