Good news if you’re rich as shit and knew this was coming! The rest of us, as usual, can go fuck ourselves.
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The prohibitively high tariffs are going down. But there’s still a 30% tariff tax on U.S. consumers for Chinese goods, up from 19% (Trump 1.0/Biden) and 8% (pre-Trump)
Give him about 37 seconds and the 30% tariff will suddenly be 8000%.
Just 2000 more points to go to get back to February before he fucked it all up.
Like, I know it’s all a scheme to make rich people richer, but we could have just ridden the Biden wave and stayed stable and had the world mostly continue to value the United States the same way, but instead we threw out all the goodwill built up over decades so some rich fucks can play the market.
I have sold all of my S&P 500 shares and will not return until the Orange Turd stops shitting on the markets.
You sold while it was down?
I sold on the last up.
Yay, we’re saved! Praise the line! Line must go up!