An anonymous Trump insider who spoke to Politico said the entire tariff conversation was a farce and that Trump would push back the deadline as many times as he needed to to save face.
“Trump knows the most interesting part of his presidency is the tariff conversation,” they shared. “I find it hard to believe he’s going to surrender it that easily. It’s all fake. There’s no deadline. It’s a self-imposed landmark in this theatrical show, and that’s where we are.”
“Insiders hope” might be better phrasing than “insiders admit”. Tariffs at this level weren’t being recommended by anyone besides Trump, because they’re stupid as hell. The right-libertarian wing of the party doesn’t want any kind of tariffs what so ever. The protectionist wing wants some tariffs, but not strong, across the board tariffs like this.
Nobody wants this except Trump. Almost literally nobody. His supporters back it because that’s how cults work. Nobody thinks this is a good idea of their own accord.
These “insiders” . . . are they doing any trading?
So King Trump is just fucking up the world economy because it’s fun to him? Right that tracks.
Taco tuesday 🌮🌮
No, it’s so that he and his insiders can profit whenever they move the market
The market is starting to catch on to his bullshit and doesn’t move nearly as much as it did in response to every little announcement.
Sure. After they’ve made their trillions off the working class 401ks
90 deals in 90 days. I’d be shocked if he managed to score 9. And he keeps extending the deadline because he’s so shit at negoting.
A very profitable “show” that lets them sell and buy at the right moment, only because they define that moment
Is there any evidence of him selling and buying at the right moment? Cos it’s always seemed like such an intellect free strategy to me. It’s like he’s saying “Ooh you other countries, if you don’t do what I say I’ll make Americans pay YOU a lot more for your goods!”. No wonder so many financial experts around the world seem utterly befuddled by this.
No direct evidence for him no, but there is direct evidence that the market shifts slightly before his announcements, suggesting that somebody is getting advanced knowledge.
Trump just got attached to the idea that once upon a time the federal government didn’t charge any income or corporate tax, and made all its money from tariffs. But at that time, they had barely any spending, almost no public services and absolutely no welfare. And the US doesn’t really produce much anymore.
But it also works out for his friends, cause announcements of tariffs or pauses in tariffs make big moves in the markets. And if you know in advance, you can make big trades and make big money. Which they have been doing nonstop.
It is not the actual tariffs, but the market reacting to the thread of them, and acting on that.
I bet he used to hold his breath as a kid to try to get his way.
Doubt it. His Dad would have just back-handed him.
Cornelius Hawthorne knew how to raise kids right! 🤣
but had to start over when he reached to 10
🤣
TACO, eh?
