Trump’s tariff reversal came after he watched an interview on Fox Business with JP Morgan Chase CEO Jamie Dimon, during which the bank boss said that a recession was a “likely outcome” of the new trade policies, according to the Washington Post.

Trump was asked by a reporter on Wednesday when he decided to put a pause on the tariffs.

“I would say this morning. Over the last few days, I’ve been thinking about it. Fairly early this morning,” he said.

  • @[email protected]
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    15418 days ago

    It’s important to the world to drop the “quietly” bit.

    The US administration is behaving erratically and irrationally. This isn’t a punchline to some smug joke, it has important repercussions for world trade and defence needs.

    Let’s cut the conspiracy theories about how they are doing this for graft, and the unfounded “4d chess” approaches. Some people in the administration may be trying to steer the government in these ways, but the captain of the ship is an unleashed chaos monkey surrounded by sycophantic yes-men.

    The tariffs could double tomorrow or be gone tomorrow. The US could invade Greenland with a military force tomorrow or drop it completely move onto some shiny new idiocy.

    We in the rest of the world need to move with urgency in order to be prepared for the worst. This is a tall task, so the longer we keep these admissions quiet the longer we are vulnerable

    • @[email protected]
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      3818 days ago

      Let’s cut the conspiracy theories about how they are doing this for graft, and the unfounded “4d chess” approaches.

      He is doing it for a grift, it’s pretty out in the open. You’re right about the 4d chess though. That’s his thing, think like a stupid mob boss that only does it for the grift. He thinks they owe him a favor now.

      Link to video: https://nitter.net/MorePerfectUS/status/1910340290260463771#m

      Video of Trump Bragging About Enriching His Billionaire Pals Draws Outrage

      • @[email protected]
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        18 days ago

        The video doesn’t show evidence of this being a planned out endeavour.

        For it to be grift, those people would have had to benefitted from the dip in some way. But that’s not what this shows, it’s just billionaires having their shares go down in value because of trumps idiocy and then back up from the whiplash when he erratically reversed course.

        Spraytan is trying to ingratiate himself to these rich assholes by taking credit for their gains by wilfully ignoring their losses were inflicted by him.

        This is not to say that no one in the administration is using this for their own gains. It’s entirely likely that some are.

        I’m just super sick of this narrative that Trump secretly has some master plan when we have 40+ years of well documented evidence about how stupid this man is.

        • @[email protected]
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          718 days ago

          I agree that the grift most likely came after the actions were decided. The guy in charge is absolutely a moron that acts solely on whims. It’s confusing because there are at least a couple people around with the grift agenda or their own plans that are feeding him ideas. So sometimes he uses a smart idea or he mixes what would have been a smart plan with something idiotic and/or some grift.

          It’s why so many people are willing to kiss his ass. Because if you do it at the right time and you’re lucky, you get temporary control of the US government.

        • @[email protected]
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          117 days ago

          Not just likely. Demonstrably true. You can see the trading increase significantly before he made each announcement/tweet.

      • @[email protected]
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        18 days ago

        I don’t think Trump is an idiot anymore. I think he’s playing a persona just like Borris Johnson. It’s a cover for him. It’s not his stupidity that’s harming us, it’s his self-centered, ego and greed driven maliciousness thats destroying our futures.

        He’s not a stupid person. He’s an evil person.

        • @[email protected]
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          18 days ago

          Oh my gourd please stop

          He is a failed nepo baby whose only successes in life were being a hired hand on a reality tv show and accidentally stumbling into politics via undisguised racism.

          He

          Is

          A

          Fucking

          Moron

          • andyburke
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            2318 days ago

            The difficulty in convincing fellow Americans of this simple and obvious fact is the truly damning bit.

            • @[email protected]
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              18 days ago

              We’ve all been conditioned to not accuse our political opponents of being stupid.

              For one, it can cause you to underestimate your opponents — you don’t want to be caught unawares of some secret plan.

              Second, there’s an aspect of pettiness to just labeling your opponents dumb. Most often people attribute “stupid” to “I don’t understand this”. For example, the idea of it being stupid for poor people in Kentucky or whatever to vote against their interests and aid billionaires and oppose their own healthcare — when it’s not stupid, it’s a misunderstanding of how important identity politics are to these groups.

              Third, there’s a pushback to the “Jon Stewart effect”, where we sit back and laugh about how our opponents are dumb and we smugly know we are smarter. This is an excuse to do nothing, and it’s an ugly impulse and we must fight it.

              But all this conditioning — and more — has led us to a point where we can’t actually recognize stupid when it’s staring us in the face.

            • @[email protected]
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              818 days ago

              Over-estimating is just as dangerous. People – and our governments – keep getting surprised by this pattern of behaviour because we pig-headedly refuse to admit the truth.

              In order for our countries to plan economic matters, and defense and intelligence and more – we need to expect the same patterns of stupidity and irrationality as we’ve seen demonstrated time and time again. This doesn’t mean all the actions will be stupid – folks like Putin other intelligent evildoers are in the mix of those who are manipulating the president. But they have shown a lack of ability to fully control the irrational behaviour from surfacing in policy whims.

              Fool me once, shame on you. Fool me thousands of times… c’mon at some point we have to learn.

              • @[email protected]
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                117 days ago

                Yeah, honestly I used to view the likes of Putin as a rational chessmaster. Life is teaching me a great deal, especially that leaders are not powered by raw intellect. Rather, it is the willingness to be assertive that separates the ordinary person from a leader, be they good or foul.

          • @[email protected]
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            418 days ago

            Intelligence is more complicated than binary. He can be a moron in most ways and a successful grifter in others.

    • @[email protected]
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      118 days ago

      He could be insane and doing it for graft. He obviously sees himself like a mobster and tries to operate like one. My theory is he wants to individually negotiate tariffs to solicit bribes from businesses and foreign countries. It’s not exactly 4d chess. He just knows he has the power to pressure the richest and most powerful people on the planet, so he’s going to use that power to enrich himself and family. I don’t think he actually understands much about tariffs or much of anything though.

      Also, the evidence of insider trading and market manipulation is pretty convincing to me. I don’t think that was the original intention, but Trump, or those around him saw the opportunity and took it.

  • @[email protected]
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    1318 days ago

    Let me guess?

    …but supported him because they wanted the tax cuts and any side effects of having monsters like the qons in charge they thought would pass them by…

  • @[email protected]
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    818 days ago

    Lmfao I’m truly baffled that they thought he had a plan beyond “grab as much money as possible for myself”

    • @[email protected]
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      118 days ago

      C’mon, thats not fair! He also wanted to stay out of prison. He’s a multiple objective kind of guy.

  • @[email protected]
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    1118 days ago

    Trump does in fact have a tariff plan and has had it for years. He uses tariffs to crash and recover the market for insider trading. These fuckers need to all be in jail. Since the justice system in non functional then US citizens should probably defend themselves from this economic terrorism in … other ways.

    • @[email protected]
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      818 days ago

      Fox news: But but but Biden knows a guy who has a dog walker who has a cousin that once babysat for a family that is corrupt so Biden was worse!!

    • @[email protected]
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      1318 days ago

      It’s warranted. He might be insane or he might be insider trading and enriching himself and friends with his actions.

      My non-existent money is on the latter.

      • @[email protected]
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        418 days ago

        Two things can be true at once. These animals don’t realize they’re pushing the rest of us into the arms of China. Going to war with them is suicidal, but America seems intent on swallowing her own lead.

        • @[email protected]
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          418 days ago

          Nah, these guys want a war. War is incredibly profitable, can last forever especially against a near-peer, and wartime presidents tend to get power expansions. They’re hoping this is the push they need to go full Palpatine and say “well we’re in a war, no elections until the war is done, also we’re taking a page from Lincoln and suspending habeas.”

      • Lady Butterfly
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        218 days ago

        Yep. I wish he was insane, that would be less damaging than it being his fucking personality

  • @[email protected]
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    8018 days ago

    If only we had 4 years of this exact behavior to judge him by to predict he may act like this…

      • @[email protected]
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        1218 days ago

        He only got more insane during the stretch from 2020-2024. The insanity was on full display during the 2024 race. I don’t understand what’s wrong with our electorate.

        • @[email protected]
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          418 days ago

          I think he became even more unhinged during the trials. Probably thought he could go to prison for a long time.

      • @[email protected]
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        1018 days ago

        Somewhere a New Yorker is saying 70 years because this shitwad has been the same since he was in diapers.

    • @[email protected]
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      618 days ago

      Well that and if only he had been honest about what his intentions were when he was running…

  • Chaotic Entropy
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    1118 days ago

    An insane man surrounded by amoral, self-serving handlers and white supremacists.

    • @[email protected]
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      418 days ago

      Exactly. He’s in his second term. The man has literally nothing to lose. Who’s tried to stop him successfully so far? And don’t tell me a judge, because they haven’t — they’ve put up annoying speed bumps which are getting flatter by the day.

  • Skvlp
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    1118 days ago

    I quietly fear that fish doesn’t have a tariff plan and that they might be swimming.

  • @[email protected]
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    2718 days ago

    Let me tell you, it’s really god damn annoying seeing people just now have “epiphanies” about shit a lot of us have known for decades now.

    • Optional
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      418 days ago

      Cue the corporate news headlines for 20 years: “studies show trump was ‘bugfuck insane’ for much of his political life”