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.

  • pelespirit@sh.itjust.works
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    6 days ago

    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

    • ninthant@lemmy.ca
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      6 days ago

      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.

    • CalipherJones@lemmy.world
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      6 days ago

      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.

      • ninthant@lemmy.ca
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        6 days ago

        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