Considering how open they've been about their clear conflicts of interest (Trump launching a cryptocurrency on day 1 of his presidency, being in charge of a publicly traded company that he's made no effort to remove himself from, and the Diablo cheater being in charge of a department that gets to determine "efficiency" while also bidding on government contracts), I think we should really consider the possibility that Trump and Musk shorted or bought Puts on companies that would be hit especially hard by tariffs.
I debated doing that. I wish I had, I would have made a bit of money in the last few days.
calls for 3 months out only make sense once the stock price is decimated, and there's no certainty that prices will recover given the bumbling antics of this administration.
It's designed to destroy America's position in the world and is almost certainly a dictate from Russia. I mean they didn't even put tariffs on our most antagonistic supposed adversary, and why would they do that other than he has Trump by the short hairs? for god sakes they put tariffs on penguins on a virtually unknown island nation.
I think that Russia was omitted to give something to use in the peace talks alongside the secondary sanctions that have been threatened. Regardless there should be zero trade happening with Russia because of the sanctions so why would tarriffs make sense.
I also feel that this is a ripping the band aid off approach to destroying globalism. The Biden administration was already toning down the globalism of Peter Ziehan was correct, as we saw with their tepid responses to the red sea fiasco but now Trump has upped the attacks on the houthis too so I'm not quite sure what to think.