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u/AlexStar6 1d ago
Not so simple…
Trump lifting tariffs is not good enough…
Congress needs to do it to show the world that trade agreements with the U.S. can’t actually just be upended by a single psychopath….
Anything less will not restore global confidence
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u/contradictionsbegin 1d ago
Even this won't be enough. The damage done will be dealt with by our grandchildren, and even then, it will persist. We have moved to a fully globalized economy, and the gop are still thinking it's 1860 and they are robber barons.
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u/Just_Lirkin 23h ago
I don't think confidence will be restored until we prove that MAGA is completely destroyed.
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u/Predditor_drone 21h ago
That won't be nearly good enough, the GOP was in lockstep supporting Trump and his bullshit, so global confidence won't be restored until that party gets their shit together and ousts Trump and his supporters in government. GOP overturning the tariffs just looks like buyer's remorse, and they'll support further unstable bullshit so long as it doesn't immediately tank the market.
The US looks unstable, schizophrenic because one party wants the world to bow to them while the other party is business as usual and good allies / trade partners. With the GOP being on this shit, the rest of the world can only expect them to find Trump 2.0 if the party isn't disbanded or otherwise unable to win elections.
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u/remember_myname 12h ago
Yes, that’s the point, everyone in the world would understand that many didn’t directly vote Trump, but the fact that your country is happily allowing the government become an Authoritarian Autocracy, with a lame Congress, and senate, is enough to show the lack of awareness in the population as a whole, to suggest the country is cooked
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u/WheatForWood 1d ago edited 1d ago
Lifting the tariffs alone won’t make the market magically go back up. The market has been significantly overvalued for quite some time. I believe it’s simply been “waiting for an excuse” to correct. Even if that view turns out to be wrong, their are broader issues. For decades, the U.S. has exerted global influence through fiscal policy and by positioning the dollar as both a reserve currency and the de facto global medium of exchange. But we’ve now demonstrated to the world that we can’t be trusted with that responsibility. Over time, markets and nations will begin to shift away from reliance on the US. Not overnight, but inevitably. And even if we put that aside, we’ve just imposed tariffs on every other country besides Russia. There’s no reason to believe they’ll all simply drop their retaliatory measures just because we choose to reverse ours.
And let’s say I’m wrong about AAAALLLLLLLL of that. Markets don’t like uncertainty. This happened in the space of a week! People are going to be skittish for a good long while.
EDIT: Since this comment seems to be getting some traction, don’t forget about SignalGate! Pretty’s sure that’s one of the major reasons this was done. FML crashing the global economy so you don’t have to hold 1/2 dozen people accountable. Disgusting
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u/TheIntrepid1 1d ago
We’re only like 3 months into a 4 year term. Ugh
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u/ri4162 1d ago
I'm really hoping he does most of his crap in the beginning then the next 3.5 years he is just a terrible out of touch president.
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u/Bornandraisedbama 1d ago
This is Charlie Brown thinking Lucy will finally let him kick the football.
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u/TheSuggestionMark 23h ago
We already know this isn't how it goes down. We've seen this nightmare show before, and for some reason, the nation decided it wanted a second season. Last time it ended with a fucking pandemic. It's going to be four more years of increasingly catastrophic bullshit.
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u/islandsimian 1d ago
Not to mention we've just created several new alliances that won't ever include us again for a very long time
All these actions make us much weaker globally just like Putin wants
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u/daner92 1d ago
What is your source that the market is "significantly overvalued." The PE of most of the magnificent 7 (which everyone has in their holdings) are in line with what they should be and companies have record profits quarter after quarter.
Seems you're pulling it from your ass.
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u/WheatForWood 23h ago
https://www.trefis.com/wealth/articles/561957/3-key-metrics-to-evaluate-market-valuation/2025-01-31
https://www.axios.com/2025/02/18/stocks-overvalued-research
Just like to start? I mean as I said even if I’m totally wrong about that, there’s a shit ton of other issues. The market won’t suddenly pop back up. You saying it will?
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u/daner92 22h ago
Nvidia's PE is 32. Is that ridiculous to you?
Amazon's is 35. How about that?
Meta's is 29.
I could go on.
We both know that you *feel* these stocks are overvalued and post hoc googled some shit to agree with your position. I could do the same. But don't need to because I actually know shit.
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u/smells_serious 16h ago
You bored, bb? Trolling the Internet from your toilet seat? I get it, mang. I'm more of a meme consumer myself.
How's about you finish up what you're doing and go outside to touch some grass, hmm? Don't forget to wipe front to back, m'kay?
XoXo
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u/whatshamilton 1d ago
Yes this is his plan. He said China panicked and made the wrong move with their own tariffs, because in his mind the right move was to come groveling and he’d lift the tariffs and claim the success. But instead the world is calling his bluff and is going to realize they don’t need us and the market will rise but not at the rate or levels it once was. America has forever lost its place in the global standings of commerce, politics, and respect
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u/Beast6213 22h ago
Except other countries are over this bullshit. I don’t think they will lift their tariffs, and we will still suffer. Trump globally fucked us.
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u/whatshamilton 21h ago
That’s what I said. They’re calling his bluff and not participating with him anymore and forging relationships that don’t involve us, forever compromising our position in the world
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u/swami78 16h ago
I'm an Aussie - Australia is probably America's most reliable ally. We also host the most important US base outside the US (Pine Gap) which supplies the data for a large part of the world and can reportedly launch a second strike if US bases are taken out. We also host the ELF base allowing communication with US submarines and host B52s and Marines. We were also planning a massive purchase of American submarines to go with our F35s etc. Trump has hit us with tariffs despite the massive trade deficit in favour of the US but what is more stupid is that he has hit one of our inhabited islands with a much larger tariff and 2 of our uninhabited islands near the Antarctic with big tariffs. I guess Trump doesn't realise those islands are part of Australia and also doesn't want the penguins trading with him. (They're the only things living on those islands.)
It's only a matter of time before our government comes to the realisation that the US is both unreliable as an ally and a failing democracy heading into authoritarianism. We've seen what he's doing to Canada and NATO. That's when we'll have to pull the plug on the relationship and close those bases. The 5 Eyes (Echelon) relationship has been the greatest intelligence network in history but why would we keep it going if Trump sends the product to his mentor Putin?
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u/Rbt1994 20h ago
I've said this a couple of times. If Americans wanted to elect a clown, we have to be ready for the whole circus. If we want to hurt the rest of the world, make us feel the fucking hurt as well. Even as an American, I'm fully screaming with the MAGAts "Bring it on!!" Make it hurt. Cancel app trade. Isolate us as we've chosen to isolate ourselves. The densest and dumbest conservatives aren't going to feel any buyers remorse until it TRULY fucking stings them in the ass. I say bring it on strong and make it quick and brutal for us!! The harsher and quicker were smacked in the face, the quicker and easier it will be to snap some of the "moderates" out of things or fully wake up enough Americans or Congress to actually fucking do something, even if it's already months too late.
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u/Adaml6257 1d ago
When tariffs get lifted, prices will remain the same
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u/Wootai 1d ago
...which will increase profits, which will increase company value, which will increase stock prices.
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u/Adaml6257 1d ago
It's time to go drink from the punch bowl
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u/Wootai 1d ago
I'm not saying its smart or good, but there is a knock-on effect of prices remaining the same.
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u/roflmao567 23h ago
So where's that trickle down economics you guys are always talking about? Are you saying it's all a lie?
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u/Wootai 22h ago
yes its a lie, of course its a lie. I'm not agreeing that the economy being a dumpster fire is good. Im expanding on the idea of *why* the MAGA will believe the bullshit.
They'll forget all about this drop in 2-3 months. Once the prices stay the same, and the profits roll in and the stocks go back up that's all they'll think about, not that it dropped.
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u/spottydodgy 1d ago
Trump is the kind of guy to hold a pillow over your face so you can't breathe and then, just before you pass out, take the pillow away and get mad that you didn't thank him for saving your life.
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u/sendgoodmemes 22h ago
Farmer here. Orange man cost is a fortune in loss of value of our product then sent farms some bailout money and my father was ecstatic. “Wow look how he supports us” “at least we have someone who care about farmers”
He will light their houses on fire and then piss on the flames and people will worship him for it.
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u/toasterbot 22h ago
Agreed. I have no idea how farmers could be expected to plan their crops/livestock when the whole tariff situation was changing on a daily basis. I would imagine (not a farmer here) that you'd need a season's heads up, bare minimum.
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u/sendgoodmemes 19h ago
It’s a rough time planning for the coming year. Will it be a drought? A wet year? A shot growing season? Do you plant corn? Beans? Straw?
Having cattle is a bit easier, I need x tons for the year of corn, beans, hay so take an average year and then some buffer, but if your wrong it’s easier to buy corn and beans so you plan for heavy hay crops.
That’s just the crop side now include the money aspect of it, what’s corn going to do? It’s cheap now so it’s easy to buy if needed, but I have seen the crop report and beans are way down so if beans get sparse then it’s Canada or Russia and good luck getting that cheap with the orange dolt. So do we cut our corn acreage and plant beans, but it’s best to contract, but that’s useless when you have Trump adding 20%+ to the price and every contract has that lil extra put in to protect themselves.
Now you have to guess at cattle prices and milk price, up? Down? Side trade? Futures are garbage atm so looks like cheap milk sales, but also cheaper grain so that’s not the death wobble of cheap milk and expensive grain, but with the last five years you can’t make money with cheap milk like we used to. Interest rates and labor cost are too high for that. Hell last month our electric bill doubled, why? Oh…the Canada trade war.
Now labor can you even get it? Will the putz just send ice in and load up everyone who isn’t white which seems to be his current plan given that there isn’t much checking to see who’s on the up and up and they just want to hit trumps numbers.
So yeah, I love what I do. Truly, but being closely connected to all ends of this trade war is not fun.
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u/flamewave000 1d ago
He will absolutely claim that the stock fall was a delayed result of Biden's policies, and that the tarrifs were his way of "preventing" further damage, and then claim the rise in stocks after he finally drops the tarrifs as him "saving" the economy.
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u/sikes6105 1d ago
The market not come back up for a long time. It seems the rest of the world, with real leaders, are making plans to move on without the USA. China, Japan and South Korea are aligning. Canada is stepping up as trade partners with other nations. Other countries who did not elect this orange idiot aren't going to let him dictate their lives or economy. Smart countries are getting away from the USA and the constant tariffs on, tariffs off instability in their markets. Allies are wising up and getting away from the rug pull Trump his GOP idiots are trying to do.
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u/TwistedPepperCan 22h ago
I don’t think many Americans understand it yet. The rest of the world just started the process of “de-americanizing” their economies.
We can’t let predicate our lives on the whims of a country driven to self destruction by nonsense conspiracy theories.
Even when trump lifts the tariffs or you vote some milquetoast democrat into office. We know you’re one election cycle away from extremism and can’t be relied on as a stable partner.
Basically there’s no going back and things will never be the way they were before.
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u/Drummcycle 22h ago
They did ? Can you share your source ?
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u/graceofspadeso 10h ago
Hi from the UK, we will do all we can to rely less in the Americans now, i think the eu is doing the same, why would you need a source? Shorly this is pretty obvious
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u/MornGreycastle 23h ago
Dictatorship 101: 1) Create a problem; 2) "Solve" the problem (usually by granting yourself more power); 3) Take credit and gain the adulation of the people.
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u/ojhatsman 1d ago
Tariff revenue goes to the government not the constituents. I worry why they’re trying to amass wealth right now.
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u/Templar388z 23h ago
Trump expects there still to be faith in the dollar. He’s crashing this shit with the expectation of the world still bowing to the US. it’s not working. Everyone is already moving away from the US.
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u/tophatpainter 23h ago
I think its worse than that. I think he saw that the great depression made rich people richer and saw that a war brought the economy back. I think the grand orange idiot is destabalizing us and creating economic desperation so that war seems reasonable. Doge hasn't touched the military. We are making all but Russia an enemy. He is using EOs for everything and expects them to stick around. I think he is fully prepared to move is to war.
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u/pixel_of_moral_decay 22h ago
Been saying for a while:
Anyone who passes reciprocating tariffs should make it expire no earlier than Jan 2029.
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u/LF_JOB_IN_MA 1d ago
If MAGA were good at math or finance, they wouldn't be MAGA.
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u/Adaml6257 1d ago
If the traitors knew any of the things they claim to be experts on then they wouldn't support diaper don
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u/joseph4th 22h ago
Except lifting the tariffs won’t instantly boost the stock market. The stock market reacts more to what people think is about to happen than things happening. Even when something bad happens, the stock market falls because of what people think is going to happen as a result of that bad thing.
The problem with lifting the tariffs is it still leaves the uncertainty. He’s be flipping about with them and even if he lifts them tomorrow who’s to say he won’t put them back on next Tuesday? Or do some other crazy shit? The uncertainty of his presidency will keep hurting the stock market.
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u/xMASSIVKILLx 22h ago
Basic hero complex. Without giving up anything he creates a problem that needed no fixing, fucks it up, fixes it and asks for thanks.
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u/Papichuloft 21h ago
The POS causes the problems and then magically they're fixed and he gets to be called a hero. And when shit normalizes, it's never the same as it was.
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u/chitterychimcharu 19h ago
Strong probability the US stock market never rebounds from this. The more global nature of the 2008 crisis and more competent response by gov. will not be mirrored
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u/czarofangola 19h ago
The market may not go back up to previous valuations if he takes too long. He may do permanent damage that can't be undone.
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u/shanedalton 17h ago
“It appeared that there had even been demonstrations to thank Big Brother for raising the chocolate ration to twenty grams a week.”
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u/swami78 16h ago
Trump's ego won't let him back down just like the emperor with no clothes. As America's economy tanks and the lower paid people fund his tax cuts for the rich he will keep hanging in there with his "short term pain" shtick and "it'll be worth it in the end". Eventually he'll be like "Make America Small Again" as if it was always his aim 'cause that's where it's heading.
While we're at it, can everyone migrate off X to some other platform so we can "Make Elon Cry Again"? You can't show weakness to Nazis.
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u/bomber991 1d ago
So the stock market tanked 10% already. Now I get more shares with my 401k purchases. When the market goes back up my 401k value goes up and I’ve made money.
Like… that’s sound logic isn’t it? I mean as long as I don’t become unemployed and have to sell off my 401k to buy $20 eggs.
The ultimate problem with the tariffs besides the uncertainty in the White House sticking with them, the rest of the world will still be a global market, they’ll just transition out of trading with the USA. So long term, maybe we’re more independent and source, manufacture, and consume “made in USA” goods, but the rest of the world won’t be buying it.
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u/DJayLeno 23h ago
No that's not sound logic. Have you ever used a retirement calculator for your 401k? Those rely on receiving an average 5 or 7 percent or whatever you put in to give you the final amount you'll get out in 30 years. Compounding interest is great because it builds on itself, but throwing negative years in there is incredibly damaging to the end number.
Donald is sentencing millions of people to extra years in the workplace to fund these tariffs. Most people go into retirement with tight finances. People who were planning to retire this year are probably reconsidering right now.
Keep in mind inflation is not magically paused while your accounts are down, in fact it might be increasing. So we have less people who can afford to retire, which means less jobs opening for young people. Plus some companies will fold or contract because they used to rely on cheap imports which are now tariffed. I could keep going on, but you get the idea. Bad stuff is happening beyond a stock market dip.
I guess kudos for you if you have guaranteed long term employment and you don't need to cash out your 401k until a recovery, but there's going to be lots of suffering for your fellow countrymen in the meantime. But just remember that your 401k is still smaller than it could have been if the market had maintained consistent 5-7% growth as we all calculated when planning our retirements
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u/tifauk 1d ago
Can we all stop kidding ourselves that this isn't a forced crash of the stock market so he and and his rich buddies can buy stocks when it's low, so that when he lifts the tariffs they're gonna make millions... Please
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u/karate_kenken 1d ago
A little too late. Even if the tariffs are lifted, the US is no longer a a reliable or trusted trading partner. The world has realized this since the orange idiot took over with his circus clowns. They’re already forging new relationships less reliant on America and will continue to do so. The enemy of my enemy is my friend, or 2 unlikely friendships forged through and common enemy is the scenario here.
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u/Schoseff 23h ago
Simple, all other countries shall keep their tariffs intact. Fuck his on and off bullshit
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u/MatterFickle3184 22h ago
And the prices won't go down. Tariff prices will be locked in, giving companies massive profit margins.
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u/csvega84 12h ago
The world hates America more than ever. Trump has destroyed ally relationships. We are fucked
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u/Feisty-Barracuda5452 2h ago
Of course. All the sycophants will be out here applauding the “Bold leadership” of this lackwit.
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u/PsychicWarElephant 2h ago
He said it himself a decade ago, he does better in a poor economy. He’s tanking the country to line his pockets. And these morons will let him reach up their ass to check for loose change.
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u/love_glow 22h ago
Global corporations are not going to just jump back into the American economy when the “all clear” is given on the tariffs. This damage will take a long time to undo, if the it isn’t permanent for the next generation. Money likes stability, and America has shown it’s a house of cards.
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u/Beelzabubba 21h ago
Sold all my puts and closed all my covered calls on Friday. I assume he’s just manipulating stock prices.
Might regret it but I can’t risk it with that lunatic in the White House.
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u/Relative_Bathroom824 7h ago
You can't just take away tariffs once they're in place. That's a recipe for economic catastrophe. There's a reason Biden kept Trump's trade wars going during his term.
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u/shingonzo 4h ago
no, i think the rest of the world will just boycot us, hes fucked us and we will not recover.
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u/misjudgedinall 3h ago
That’s not how this will work. He literally can’t lift tariffs because other countries won’t lower their tariffs on US in kind. If he lifts them stocks will go down further because our prices will not go down and our trade deficit will rise significantly. We’re in a game of chicken now and no one can win until someone loses. Lifting tariffs is losing.
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u/firelock_ny 18h ago
It would be hard to find a President who didn't try to take credit for a rise in the stock market and deflect blame for a drop in it, no matter what the cause or the party.
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u/Gwarshow 16h ago
What's this got to do with animals? This should be posted in a political group. We come here to get away from the bs.
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u/RuneRavenXZ 19h ago
When the stock bounces back while still under the tariffs, I’m gonna come on here and laugh
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u/iamactuallyalurker 1d ago
As an American who benefits from America being strong and influential, I don’t hate the idea of the rest of the world becoming self sufficient. Please do not take me for a brainless MAGA cult member, just looking for a silver lining.
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u/Taurpion 1d ago edited 1d ago
The world isn’t self sufficient and that includes the us…which is why they will just carry on without the US trade, if need be. The US cutting themselves from the head of world stage is only hurting them, not the “world”.
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u/Duccix 1d ago
I mean if countries agree to adjust tariffs and in return Trump lifts them... I'm not sure what type of gotchu you think you have here?
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u/DJayLeno 23h ago
Many people are saying that's the plan, the same thing that happened during COVID https://www.reuters.com/business/pandemic-boosts-super-rich-share-global-wealth-2021-12-07/
Huge rapid fluctuations in the market allow those who have insider knowledge to make a killing. OP is saying you are gonna celebrate because the number came back up, but you are ignoring the fact that the billionaires just stole billions more without doing any work to earn it.
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u/everything_is_bad 1d ago
It’ll be interesting to see global sanctions persist after Trump thinks he’s done tanking the market