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.

  • ninthant@lemmy.ca
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    12 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

    • pelespirit@sh.itjust.works
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      12 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

      • CalipherJones@lemmy.world
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        12 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.

        • ninthant@lemmy.ca
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          12 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

    • Frozengyro@lemmy.world
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      12 days ago

      So if you’re fooled into thinking onion article is real, you’ve ‘ate the onion’.

      What do we call it when you think a real article is clearly an Onion article?

  • NeonNight@lemm.ee
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    12 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@lemmy.world
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      12 days ago

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