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Trump raises tariffs on China to 125% but announces 90-day pause for other countries – business live
(www.theguardian.com)
this post was submitted on 09 Apr 2025
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At this point, I am convinced it's a pump and dump scheme, still ongoing, too. It only takes a few people in the know of when and where the news break about the tariff supsension, to seriously make a killing on the market, on the backs of others. Trumpists can now also (for a while) feel like their God has saved them again and never steered them wrong, or curse their momemts of doubt, when they did not buy yesterday, as their prophet called for.
It is a mixture of incompetence, impulsivity, but I am certain at this point, a huge chunk of it is outright corruption and cult tactics.
I honestly believe it is intentional as well. The 90 pause that went around social media the other day wasn't a mistake it was a leak.
They'd be stupid to not be financially gaining from their intentional manipulation. We hired an entire administration of grifters, what else should we expect?
He literally announced on Truth Social now is time to buy right before he announced the change.
There’s no arguing about it. The intent is to manipulate the market to make his friends rich.
Any bets that it will take less than 90 days before we get the next tariff circus?
I feel like it's just going to be round 1 of Canada and Mexico all over again. The pause for them didn't make a difference. He said "let's make a deal", Canada and Mexico made a deal, and then 30 days later the tariffs began regardless.
No one is making deals this time because everyone knows they won't affect the outcome. What is affecting the outcome is making threats. So either he just stubbornly waits it out, getting nothing in return before they happen anyways, or he chickens out and walks it all back.
You say that like the first one isn't still happening.
2+ million shares of SPY were traded in 3-4 minutes an hour before it broke. Had been pretty much flat since opening for the day. It's fucking blatant.
And there's only a neutered SEC left to investigate.