- cross-posted to:
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- cross-posted to:
- [email protected]
Trump in a Truth Social post says he is “immediately” raising U.S. tariffs on Chinese imports to 125% “based on the lack of respect that China has shown to the World’s Markets.”
But Trump in the same post says he has “authorized a 90 day PAUSE” for other countries, pointing to what he says are more than 75 nations who have reached out to negotiate.
That pause, and “a substantially lowered Reciprocal Tariff during this period, of 10%,” are both “effective immediately,” Trump writes.
And now the stock market is through the roof. What is he going to do next to crash a bunch of shit so the rich can buy it all up?
That’s 100% the thing that would make the most sense. That he and his friends exploited this to make their fortunes even bigger.