

Update he indeed doesn’t know
Update he indeed doesn’t know
It’s all ragebaiting and clicks now.
Looking like complete escalation since china won’t bend the knee to him
Nah trump will claim everyone was there for him and there wasn’t a protest.
The base is fully bought in on the crazy idea Trump tanks the market so he can refi the debt and save billions in interest and also the fed will be forced to drop interest rates. It’s crazy though bc the impact of that will be catastrophic. The reason the US is so strong economically is because the dollar is the reserve currency of the world. You lose that power then it’s harder to bounce back if at all.
I’ve seen a new talking point popping up that he’s crashing the market on purpose to refi US debt and force the fed to drop interest rates…
Honestly they probably plugged it into Grok and asked it to spit out the list of countries to tariff.
It’s probably dumber than you think why they weren’t on there. The formula they used to come up with the countries tarrifs rate is based simply on trade deficit calculations. So if you aren’t exporting/importing from those countries they wouldn’t be included. It doesn’t even matter if there was a trade surplus.
Sources:
https://www.ft.com/content/e025d7e6-512d-4e82-9c25-7900b94ac153
Tesla has been losing ground for a while. They were one of the first mass produced EVs with charging infrastructure, but now what makes them special? They have positioned themselves as a software/ai company but it was just a way to boost stock price. They don’t have full self driving (fsd) that’s been promised as next year for the past 10 years. On top of it they only rely on cameras for fsd and no lidar systems so I don’t think they’ll ever get full clearance outside the US.
So even if they ditch Elon I’m not sure if the sentiment can be brought back. Sure they may not go bankrupt but the stock should fall in line with other auto manufacturing companies.
You are in luck! Kevin O’Leary is in his ear about going to 400%…
https://www.marketwatch.com/story/heres-how-high-mr-wonderful-wants-u-s-tariffs-on-china-to-be-af9cf27b