*More breaking, China tariffs are now upped to 125%
so uh does that mean that something has indeed happened?
now america and china run around to their biggest trading partners and try to secure deals where they are the primary partner while cutting out the other. china has a big edge here
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And not on pause, either.
The whole point of these tariffs is supposedly to spur a massive reinvestment in American manufacturing. How the hell is any business or bank supposed to do any investing in an environment where they don’t know from one day to the next how much anything will cost?
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Well, it’s not that, for one. Neither in intent nor practice.
That’s what they keep saying their intent is, and IMO it’s logical to assume that at least some people believe it. It’s safe to assume that Trump believes it, because it’s something he’s been saying consistently since the 1980s.
Maybe some other people in his administration are huffing hardcore Moldbugian ideology like paint thinner, but those ideas don’t make any sense on their face either. There’s probably people who believe different things in the administration.
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“There are decades where nothing happens; and there are weeks where nothing happens.”
there are days that last 24 hours, and there are weeks that last 7 times that
this shit is such a joke
It’s not about the money, it’s about sending a message: nothing ever happens.All that was written and discussed over the past week, all over the world, the moron talking heads on television and the distinguished economists analyzing the math Trump used and then he’s just like “let’s pause all of this”. I think I need to tune out and practice more guitar scales or something.
Yes. Or tune in and just laugh
Trump posted that it was a “great time to buy” a few hours before he reversed. Transparent market manipulation, for which there will surely be consequences.
https://hexbear.net/comment/6039986
nvm the bears got liquidated again. stonks now reversed after the pause. i love the US market you should’ve bought the dip.
That’s my secret: I never sell
bogleheads
God, the Nothing Ever Happens camp is so obnoxiously consistently right.
Although, the tariffs are still applied to China, even increased.
i prefer 90 day fiance
