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Which is why the market was absolutely melting down. We were actually seeing some positive movement as investors got acclimated to the idea of 10% tariffs, but then he put 25%-45% tariffs on key trading partners and caused a complete panic.
The only one that matters is China. That’s what this entire thing is about.
The media won’t tell you, and woke liberals are clueless: Trump’s roaring comeback is driven by everyday Americans fed up with soaring bills, not obsessed about a dozen genders or the right to a transgender bathroom. #AbookThatChangesEverything #TrumpWon
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Not really. It’s about what I expected but it took much longer to get here.
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The tariff rollout aimed to rebalance trade and pressure China—strategically sound goals. But applying them to 50+ countries at once with flawed math? That’s not strength, it’s sloppy execution.
Critics are right to highlight the formula errors and overreach. The intent was
To be fair to Trump, once he saw the foreign tariff rates his staffers made up, he had no choice but to impose 50% of those made-up rates to protect America.
Even reporting right before April 2nd you could read 10% as the baseline. true, there was also reports he was going Leeroy Jenkins. But…
Quote
James Moody
@GodlessLib_CB
Replying to @JHWeissmann
There was reporting it could be 10% flat, and he even said he was cutting it in half. Half of 20%, there ya go.
A guy known for his temperament and rational, no doubt. Who could have predicted this.
For me it's the how more than the what. The what is bad and a policy mistake. The how makes him look like an idiot and gives no one enough time to adjust or negotiate, and makes him look so random and reasonable no one wants to.
I never brought he was Russian Manchurian Candidate that had been groomed decades ago but man if you had to pick what Putin would ask for in an Inside job man, Trump is doing it.
His campaign tariff policy changed from speech to speech, but he mentioned 20% global tariffs (plus 60% on China) a few times.
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