Trump’s tariff reversal came after he watched an interview on Fox Business with JP Morgan Chase CEO Jamie Dimon, during which the bank boss said that a recession was a “likely outcome” of the new trade policies, according to the Washington Post.
Trump was asked by a reporter on Wednesday when he decided to put a pause on the tariffs.
“I would say this morning. Over the last few days, I’ve been thinking about it. Fairly early this morning,” he said.
It’s important to the world to drop the “quietly” bit.
The US administration is behaving erratically and irrationally. This isn’t a punchline to some smug joke, it has important repercussions for world trade and defence needs.
Let’s cut the conspiracy theories about how they are doing this for graft, and the unfounded “4d chess” approaches. Some people in the administration may be trying to steer the government in these ways, but the captain of the ship is an unleashed chaos monkey surrounded by sycophantic yes-men.
The tariffs could double tomorrow or be gone tomorrow. The US could invade Greenland with a military force tomorrow or drop it completely move onto some shiny new idiocy.
We in the rest of the world need to move with urgency in order to be prepared for the worst. This is a tall task, so the longer we keep these admissions quiet the longer we are vulnerable
Let’s cut the conspiracy theories about how they are doing this for graft, and the unfounded “4d chess” approaches.
He is doing it for a grift, it’s pretty out in the open. You’re right about the 4d chess though. That’s his thing, think like a stupid mob boss that only does it for the grift. He thinks they owe him a favor now.
Link to video: https://nitter.net/MorePerfectUS/status/1910340290260463771#m
Video of Trump Bragging About Enriching His Billionaire Pals Draws Outrage
The video doesn’t show evidence of this being a planned out endeavour.
For it to be grift, those people would have had to benefitted from the dip in some way. But that’s not what this shows, it’s just billionaires having their shares go down in value because of trumps idiocy and then back up from the whiplash when he erratically reversed course.
Spraytan is trying to ingratiate himself to these rich assholes by taking credit for their gains by wilfully ignoring their losses were inflicted by him.
This is not to say that no one in the administration is using this for their own gains. It’s entirely likely that some are.
I’m just super sick of this narrative that Trump secretly has some master plan when we have 40+ years of well documented evidence about how stupid this man is.
I don’t think Trump is an idiot anymore. I think he’s playing a persona just like Borris Johnson. It’s a cover for him. It’s not his stupidity that’s harming us, it’s his self-centered, ego and greed driven maliciousness thats destroying our futures.
He’s not a stupid person. He’s an evil person.
Oh my gourd please stop
He is a failed nepo baby whose only successes in life were being a hired hand on a reality tv show and accidentally stumbling into politics via undisguised racism.
He
Is
A
Fucking
Moron
The difficulty in convincing fellow Americans of this simple and obvious fact is the truly damning bit.
Intelligence is more complicated than binary. He can be a moron in most ways and a successful grifter in others.
Never underestimate the enemy.
He could be insane and doing it for graft. He obviously sees himself like a mobster and tries to operate like one. My theory is he wants to individually negotiate tariffs to solicit bribes from businesses and foreign countries. It’s not exactly 4d chess. He just knows he has the power to pressure the richest and most powerful people on the planet, so he’s going to use that power to enrich himself and family. I don’t think he actually understands much about tariffs or much of anything though.
Also, the evidence of insider trading and market manipulation is pretty convincing to me. I don’t think that was the original intention, but Trump, or those around him saw the opportunity and took it.
!lemmysilver
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“Quietly fear”
motherfuckers, we’ve been saying this for 10 years…
Really? What was their first clue?
A few hints here and there for sure.
The we’re only a few possible hint against him being a senile old moron. And they were probably when he was cranked on amphetamines.
If only we had 4 years of this exact behavior to judge him by to predict he may act like this…
8 years. He didn’t stop misbehaving after he was out of office.
Somewhere a New Yorker is saying 70 years because this shitwad has been the same since he was in diapers.
He only got more insane during the stretch from 2020-2024. The insanity was on full display during the 2024 race. I don’t understand what’s wrong with our electorate.
I think he became even more unhinged during the trials. Probably thought he could go to prison for a long time.
I mean, by that metric, we’ve got decades of evidence
What do they mean by might be
seriously.
Did no one pay attention to his first term?
Hes an emotional, hyper-reactionary infant throwing levers to provoke reactions and to punish those who dare do anything but praise the glorious kissableness of his orange painted ass.
Theres no deep thought to it.
There is no 4d interdimentional chess moves.
There is no thinking.
There is just a monkey throwing shit for his own amusement.
He has that extremely annoying teenage boy need to pretend to be a badass, due to a massive insecurity complex and constant fear.
The problem is he’s an extremely entitled, privileged, and spoiled manchild whose daddy made him feel like he was worthless, and weak his entire childhood if he didn’t act as if he wasn’t a “Real Man,” and a “Killer” in business. He’s never matured emotionally beyond that. He has the mind of a frightened child.
And here we are, with him as the most powerful individual in the world. Fat Baby Jeebus help us.
Just look at how he posed with that bullshit “hard” face for both his mug shot and for his stupid photo that we now have to see hanging everywhere in official buildings.
For that mug shot they should have mussed up his hair and otherwise thrown him off and then snap the photo and capture the true essence of the man-baby.
Ironically, he is the poster child for why we need widespread, free mental health care. He is, loathsome as it is to say, a victim of his childhood trauma. Now we all have to be too.
explains why he gets on so well with Elon.
another emotionally stunted perpetually edgy wannabe teenager.
That honeymoon is about to over, ending in divorce.
There’s no way that 2 manchildren that narcisssitic can share the spotlight. Musk will be evicted soon.
especially since everyone else in the whitehouse is long, long over dealing with Musk.
Yeah, that’s what I’ve read.
Like the attention seeking narcissist he is, he tries to funny for attention. But because he’s a psychopath who doesn’t truly understand human behavior, he doesn’t understand what is “funny,” and he’s insufferable.
I know some people like that.
and because they are an insufferable asshole with no understanding of human emotions, often times their idea of funny is just being an asshole to others.
Childhood Trauma and possibly a broken dick due to a botched penis implant if Azealia Banks is to be believed.
No shit, Sherlock.
Let me guess?
…but supported him because they wanted the tax cuts and any side effects of having monsters like the qons in charge they thought would pass them by…
An insane man surrounded by amoral, self-serving handlers and white supremacists.
A callback to his healthcare reform- the man has the concepts of a plan. Somehow that doesn’t deter his voters
Any day now…
Why are they feeling this way quietly?
Because if they’re too loud Trump will hear and drag them to El Salvador.
Sounds about right.
deleted by creator
Let me tell you, it’s really god damn annoying seeing people just now have “epiphanies” about shit a lot of us have known for decades now.
I know it’s fun to circle-jerk around these headlines, but it’s a misdirection to give lay-people something titter about because it’s too difficult to explain what’s really happening. His behaviour actually is rational, he’s just an idiot.
For Trump’s entire life, the US stocks/bonds markets have mapped closely to market greed/fear respectively. When the market gets spooked, they turn to more conservative investments, and US bonds have historically been that. (Government bonds are typically seen as the least risky investment, because it’s unlikely that a country falls apart and fails to pay its debts).
Fast forward to today, the US has a bunch of debt that needs refinancing this year, and lately, we haven’t been getting good interest rates on our bond sales (which indicates people are seeing US bonds as more risky than usual). So Trump said, “no problem, we just need to instill a bit of fear in the market to drive investors to bonds, which will cause the interest rate to drop, so we can refinance our debt at a better rate.” So he announces a bunch of nonsensical tariffs, which tanks the stock market, and just like he expected the bond market saw a dip in interest rates…for about a day, followed by a sharp increase! That sharp increase is why Trump agreed to pause the tariffs. Not only did it not work how he thought, it would seem he exposed a pronounced decline in trust for the US’ ability to pay its debts. Instead of running to US bonds, investors ran everywhere else (gold, the Swiss Franc, the Euro, etc.)
I don’t know what his next move is, but I have to think he’s feeling a bit desperate. He’s going to probably try to up his “blame the Democrats for their spending” game, of course without acknowledging that he has also only increased spending (even with all of DOGE’s hard fought, and definitely not half-baked, budget cuts).
But all his strategies seem to be overt market manipulation, and nothing else. I feel like it really highlights the difference between someone who can create actual value using intelligent planning and innovation, and someone who is a capitalist leech who has fooled themselves into thinking that buying low and selling high does something useful for someone.
I can guarantee you have put way more thought into this than he ever has, or will.
There is nothing to be gained from assuming your opponent is not acting rationally.
Oh, he’s acting rationally from the perspective of someone who thinks he has all the answers and wants to throw his weight around. He’s trying to be a tough business guy to China and is only backing off when someone finally manages to explain to him that it’s a bad idea in terms simple enough that he can sit through them.
His true masters have put more thought than that into it. They just can’t control him to the extent they thought. But it’s mostly working out for them.
You can’t guarantee that at all. You want it to be true because it serves your own ideas and rhetoric but in reality, you have no idea what he has, hasn’t or will think about it.
That still feels like too much thought/reasoning for him. I could see some other idiot connecting those dots and convincing Trump it was his idea. Or just Putin trying to crash the economy.
Wait, is this the Onion… Oh, nope. This is a real life one, got it…
Lmfao I’m truly baffled that they thought he had a plan beyond “grab as much money as possible for myself”
C’mon, thats not fair! He also wanted to stay out of prison. He’s a multiple objective kind of guy.
