Summary
Donald Trump abruptly reversed his tariff policy Wednesday, announcing a return to a 10% baseline tariff on most countries and a steep 125% rate on China.
His administration appeared blindsided, with Treasury Secretary Scott Bessent unable to explain the move and press secretary Karoline Leavitt resorting to combative rhetoric.
The shift likely responds to mounting criticism from conservative allies and market instability marked by a debt sell-off.
Despite confusion and lack of clarity, officials tried to play up Trump’s unpredictability as strategic leverage rather than a sign of disarray.
Calling it now, insider trading (If that wasnt obvious already, look at the market 30 min. before the announcment)
Someone else in my life mentioned this! I’ll need to take a look.
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Ladies, gentlemen, and others, this is what we call a “pump and dump”. Anyone that understands the markets at even a high level could see this coming from a mile away. A bunch of rich people just made a fuck load of money today.
Reverse pump and dump is a dip and rip.
Shoot and scoot
Nah that’s just what I do when your mom wants to have pillow talk
Dad?
I believe this… however, in true Trump fashion, he is going about the stupidest possible way.
Maybe I am underestimating global greed but trump has made clear the USA is 100000% unreliable; what is the longer term outlook now for defense contractors internationally? Do they think they will continue to sell critical weapons, infrastructure, tech, pretty much anything with strategic value in the international market?
Make no mistake, he wasnt making this up as he went along, he knew exactly what he was doing the entire time. The basic outline was in place - announce tariffs, make them really big, get everybody crazy, crash the market, buy options on the decrease, buy stocks at the bottom, and ride them up on the delirious news that the tariffs have been suspended.
He may have improvised the real-time details like a jazz player, but the basic chord progression was always chugging along in the background.
This is his 3rd round of this, with each increasingly larger. This one threatened to boil over, so he kicked it down the road 90 days, but he is pathologically incapable of resisting his greed, so he probably won’t wait that long.
If he does a bigger rug-pull, his hair will come off.
Calling that shit “hair” is generous of you
I’m actually extremely happy that he changed from 104 to 125. Ending on a 4 is such a big no no. We gotta end our tariff values on 0s or 5s so this change has been tremendous. The greatest tariff ever made… Believe me.
At least it still ends in a 5?
They aren’t really “struggling to explain it”, so much as “struggling to explain it, in a way that doesn’t imply market manipulation and insider trading”. Because that IS the only rational explanation for what he’s doing.
hes getting his advice from his billionaire donors, and putin, instead of his own administration.
I’m a Free Thinking Republican who just yesterday was Touting how GREAT these Tariffs were for our Economy and how GREAT a Stock Market Crash was for our Economy and I just want to say HAHA SUCK IT LIBARDS THIS was the Plan the Entire TIME! LOOK at that Stock Market SOAR Today thanks to this 5D Chess played by Trump! Even though Yesterday I was saying the Stock Market should be Crashing and Tariffs were GREAT! I THINK for Myself!
D E M E N T I A
He shit his diaper and scared himself. He reversed what was supposed to be billion dollar tariffs. What happened to all the calls and people kissing his ass like he said? Did the bonds spook him?
I guess the part that is even more impressive is that his people try their best to vomit up some excuse to cover tangerine man. Deep down, without a doubt, you know his crew is like, this dumb mother fucker. There is no way they aren’t.
I do “China Won!”
China called him out stared him in the eye and he RAN. They showed EVERYONE how weak Trump is when facing them.
Then they released an AI video to rub it in.
Time for him to deport more immigrants to distract the base
Wait, can you link that AI video here or is that illegal?
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BoYs WiLL be bOyS. Har har
Well I certainly can.
You’re a bunch of weak-assed, scared PANICANS.
