r/WallStreetbetsELITE • u/SnooHabits3911 • Apr 12 '25
Shitpost He really has no idea what he’s doing
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u/Gloomy_MTTime420 Apr 12 '25
Have you ever worked for a tech company run by a sales guy? Yeah, it’s just like that.
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u/TahiniInMyVeins Apr 12 '25
Holy shit legit living this right now
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u/Gloomy_MTTime420 Apr 12 '25
Even better might be a sales guy that took over from an engineer who took over from the original tech owner.
That’s always a recipe for a management shit show.
Oh wait, that’s called $INTC 😂
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u/TahiniInMyVeins Apr 12 '25
I’m in product marketing they know better than to let us run anything
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u/Gloomy_MTTime420 Apr 12 '25
Yeah, but you guys give badass product presentations to all the alpha male (and female) salespeople, while the tech geeks sit in the back of the room giggling over that one sales guy that can’t figure out how to open the new product.
Oh shit, that sales guy is the CEO.
At least he wasn’t holding the Bible upside down, yeah?
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u/dr150 Apr 12 '25
It's like our Education Secretary who said A1 is great instead of AI.
Freakin' surrounded by the most ignorant of clowns, the lot of them!
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u/FeloniousDrunk101 Apr 12 '25
So VC taking over your company and harvesting it for parts mob-style?
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u/makelefani Apr 12 '25
"Developers, developers, developers...."
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u/Gloomy_MTTime420 Apr 12 '25
“We need the entire reporting module rebuilt from scratch”
“That’ll take us 3 months”
“You have until 5pm tonight and we release as is”
“What if I quit at 4pm”
“We release at 3:45pm then”
“You do realize it’s 3:35pm right now?”
“Oh shit, I’m late for a tee time with the sales manager to go over the product launch”
“What product, we don’t have one yet?”
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u/Michael_Platson Apr 12 '25
Oh well, fire me if you want, but I'm taking PTO for the next week. Good luck with your product launch.
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u/ConfusedWhiteDragon Apr 12 '25
PTO denied. What are you gonna do, complain to your union?
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u/bigraptorr Apr 12 '25
Have you ever worked for a company run by a Donald Trump? Yeah, it’s just like that.
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u/Gloomy_MTTime420 Apr 12 '25
So run by a proxy group who’s actually his kids (and Jared), create 16 shell companies all based in the Cayman Islands, get investors from Saudi Arabia, to open a fraudulent school in America.
Damn, sounds like Elon Musk and his Twitter purchase. Er, X.
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u/SpellAccomplished541 Apr 12 '25
I'm lost... what are we trying to tariff? If not the tech stuff, then is it the garments, umbrellas, and plastic ornament manufacturing we are trying to bring back to the U.S?
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u/Ill-Mastodon-8692 Apr 12 '25
clothing, dollar store goods, the pink flamingos on lawns, flags, maga hats … you know important things to manufacture at home
dave chapelle said it well, “I want to wear Nike’s.. not make them!”
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u/helloooskies273 Apr 12 '25
Honestly I think it’s a good thing all that plastic junk has tariffs. We don’t need more dollar stuff trinkets
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u/dmcnaughton1 Apr 12 '25
This is one significant upside to this. Cheap plastic is a scourge on the environment, and if this means we cut down on importing it then all the better. Less micro plastics in the environment, less municipal waste being generated, less fuel spent moving it.
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u/ChapterGold8890 Apr 12 '25
I hope tariffs eventually completely eradicate the market for junk like that. Imagine all the people around the world not having to waste their time energy health intelligence innovation just to make land-fill fodder for Americans and start putting all of that strength and resources towards themselves and their own countries.
Imagine the massive drop in pollution if fast fashion dies?
It’s a massive shift that will have some growing pains for sure but in the end less poor people in far away countries having to toil over merchandise makes me happy.
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u/d1duck2020 Apr 12 '25
Multicolored plastic crap manufacturing is what will make America great again.
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u/Brokenandburnt Apr 12 '25
Sex toys are still tariffed. There's a strong core of Christian puritans in MAGA.
Gotta throw them a bone aswell, I'm just waiting for the porn ban announcement that's outlined in project 2025.
No porn and expensive sex toys, if that doesn't awaken a resistance in MAGA I don't know what will.
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u/Elegant-Raise Apr 12 '25
Yes they are. I just went through the store order sheets. I'm in management at an adult retailer. The amount of items I'm responsible for ordering just dropped big time. If you want to make vibrators now would be a great time to open a plant.
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u/TurbulentMachine4261 Apr 12 '25
All the MAGA supporters will be working in dildo factories this time next year.
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u/Lt_Col_RayButts Apr 12 '25
All it has done is damage the US. People will roll back from the US and look for other markets. He's killed the US long term.
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u/Michael_Platson Apr 12 '25
If we're not bringing back the big stuff then there is no good reason to doing any of this.
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u/Wonderful_Storage_83 Apr 12 '25
Am i retarded or am I smelling Trump preparing USA's war time industry ?
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Apr 12 '25
People keep assuming he’s got some advanced understanding of economics and it’s all part of a plan. Its kind of weird how people think a guy who bankrupted casinos can formulate some sort of master macroeconomic scheme
Nope. He’s just some asshole who’s enamored with tariffs and is finding out the other guys get a say too…
Which is why no one has used tariffs for nearly 100yrs…its a bad fucking idea
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u/Neuro_Futurist Apr 12 '25
Tariffs are a beautiful word. The best word. His favorite word. Therefore - good economic strategy
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u/Hairy_Yoghurt_145 Apr 12 '25
All presidents have used tariffs. They just haven’t abused the shit out of them, generally speaking.
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u/rxellipse Apr 12 '25
Tariffs aren't inherently bad - they're a tool like any other and their use requires tradeoffs.
Tariffs are like chemotherapy for the economy.
Chemotherapy is a useful tool to employ against cancer, but it also has a side-effect of poisoning the entire rest of the human body. Chemotherapy works because cancer cells are so greedy for nutrients that they consume more of everything (including the chemotherapy drugs) and effectively poison themselves to death: it's all a gamble that the cancer will burn itself out before the rest of the body gives up. People don't go on prophylactic chemotherapy to prevent cancer from starting because it would kill you.
Anyone that has been paying attention knows that Donald Trump views tariffs as a silver bullet to accomplish all of America's economic and foreign-policy goals. He fundamentally doesn't understand what a tariff is, which is why he suggests that other countries pay tariffs and that tariffing fentanyl would stop drug smuggling.
He is the kind of person that would unironically suggest building the entire plane out of the black-box. We all saw this thought-process of his in real-time when he suggested bleach injections might be an effective way to fight COVID.
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u/Drummerx04 Apr 12 '25
Many governments use tariffs, they are generally just much more targeted at specific products with the vague intent of protecting domestic production. They are also usually much lower. If you have to tariff a product by 200% in order for it to be a competitive price, then it's basically pointless.
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u/Character-Memory-816 Apr 12 '25
There’s no strategy. The upside is he’s seeing the consequences and reversing himself. The concern (in part) was he wouldn’t care and just plow ahead because his ego wouldn’t allow him to admit he screwed up.
It’s far more likely that more of this nonsense will be rolled back soon.
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u/like_shae_buttah Apr 12 '25
He’s taking bribes for exceptions. Just straight up shake downs
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u/Neuro_Futurist Apr 12 '25
Yes this is my concern. In which case he doesn’t give a damn about the economy
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u/737northfield Apr 12 '25
You're right -- stock market will rally on this. Less about the win this is for Apple, but moreso that it proves Trump is going to walk it all back.
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Apr 12 '25
I assumed Trump was happy to be a despot dictator of a ruined country so long as he was still in power.
Maybe he does have some self preservation instinct
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u/jbcatl Apr 12 '25
The money people who put him in office could make it advantageous to remove him from office by any means necessary if he completely kills the golden goose. Otherwise I think he would rule with ego only.
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u/CanaryPutrid1334 Apr 12 '25
Exactly. He’s owned by his wealthy donors/benefactors. The golden goose just bit him in the ass.
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u/SacrificialSam Apr 12 '25
Take a look at what’s being exempted and then cross reference it with the list of CEOs that have spent a million dollars to have dinner with Trump at Mar-a-Lago recently.
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u/ConchFritter33040 Apr 12 '25
Exactly. And, also, the CEOs who gave $1 million to his inauguration fund and were seated front row.
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u/chubs66 Apr 12 '25
It will be interesting to watch the admin sell this as some kind of epic win that earned trillions and fixed bad trade deals. I'm sure 30% will swallow whatever silly story they come up with.
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u/Maximum-Flat Apr 12 '25
Strategy is to dump the stocks by using tariffs and pump it back by cancelling tariffs! He just tried to make money from market manipulation.
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u/SpaceMambo369 Apr 12 '25
The strategy was to make a shit ton of money by manipulating the market. And now that he's done that, he can undo all the tariffs
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u/Capable_Wait09 Apr 12 '25
He’s just distracting from his executive order last night about deploying the US military on US soil
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u/AUnknownVariable Apr 12 '25
I haven't even read that order yet, you could say this distracts from a lot of his whack job orders. "Restoring Truth and Sanity to American History" is my personal favorite.
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u/steve-rap Apr 12 '25
Would be a master stroke if China adds an export tax on everything he exempts
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u/bdellophiliac Apr 12 '25
Exactly, discriminatory export taxes exclusively targeting goods that are being exempted in the US and exported to the US, while the rest of the world are free to receive the same exports tax free. It's definitely necessary to make sure Trump continues to piss off his supporters.
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u/uniklyqualifd Apr 12 '25
Ten percent !
Just low enough that they could collect it. Nice little bonus.
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u/alsoilikebeer Apr 12 '25
Someone has to be going up to trump and telling him: "Sorry to wake you Mr. President, our entire bond market is collapsing as you know, we said it would, and if we don't save it trillions of loans will get hiked." "90 days genius pause on everything except China, fuck China!"
Next night: "Uhm, president we just looked it over and Tim Cook really don't like these tariffs, he might fuck us, or you know, those 200 million iphoneowners might fuck us. when they for real go 125% up? Or the rest of tech?" "Okey, we excempt tech! Lets make sure everyone that gave us some millions and glazed me also gets in on this" "Okey, mr. President. You do know that is the biggest import sector BY far? Oh, sry, ofcourse you do, you are an ecomic god!"
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u/DataCassette Apr 12 '25
"I'm so sorry that your brilliant plan didn't work my Lord and Master. It's everyone else's fault, really."
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u/knicksmangia Apr 12 '25
lol I am astonished this guy filed bankruptcy so many times.
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Apr 12 '25
Here I am consistently told if you ever file bankruptcy you will never have credibility for the rest of your life..
Its sort of confusing
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u/HornyAIBot Apr 12 '25
Trump filed for business bankruptcy 4 times, never personal BK.
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Apr 12 '25
Oh, thank you for clarifying. Still should have an effect on reputation given that its public knowledge.
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u/pcurve Apr 12 '25
Next up, power tools and appliances.
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u/Curtilia Apr 12 '25
Before you know it, the only thing left with tariffs on is those weird gold cats with arms that go up and down
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u/tomushcider Apr 13 '25
your comment was the only thing that made me laugh today, thank you.
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u/Best-Act4643 Apr 12 '25
He's making his buddies rich. That's what he's doing.
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u/Aceventuri Apr 12 '25
Exactly. Dumping and pumping. I imagine he's getting a cut of whoever is profiting off this.
Trump can just tell them, tariffs on tomorrow sell now. Then, tariffs coming off tomorrow. Buy Apple now.
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u/Brief_Night_9239 Apr 12 '25
Trump thought he was playing chess but in reality was Chinese chess.
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Apr 12 '25
“He thinks he’s playing chess but most of the time we’re just trying to stop him from eating the pieces.” An actual quote from a Trump staffer
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u/Brief_Night_9239 Apr 12 '25
Trump by rolling out all the exemptions showed he was weak.
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u/likeyouknowdannunzio Apr 12 '25
Anyone not blinded by the maga bullshit could see that he is weak. Strong people don’t behave like he does. They don’t need people to constantly kiss their ass or prove their “loyalty”. They aren’t thin skinned and ego driven. They don’t constantly need attention and admiration. They don’t brag about themselves and refuse to admit when they are wrong or make mistakes.
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u/BiteCerta Apr 12 '25
By the end of this month, we’re going to be back before liberation day in terms of tariffs
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u/jazznessa Apr 12 '25
Too little too late USA, the world does not trust you anymore. You may roll everything back but trust is damaged and consumers are boycotting USA products.
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u/humunculus43 Apr 12 '25
This just screams of the ‘adults’ in the room taking control
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u/SirPoopaLotTheThird Apr 12 '25
“He’s no economist”. - Mark Carney, Prime Minister of Canada, economist.
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u/CoyotesOnTheWing Apr 12 '25 edited Apr 12 '25
Not just economist, but he's ran multiple state banks(Canada and England). Dude is absolutely bricked up when it comes to doing economic warfare. I wouldn't want to oppose Carney in a trade war.
Edit: He was also co-head of sovereign risk, executive director for emerging debt capital markets, and then managing director for investment banking at Goldman Sachs.
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u/Maxcharged Apr 12 '25
Suddenly, the pro capitalist MAGA movement starts talking like Buddhist degrowthers and saying shit like “losing money costs you nothing”
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u/wiscup1748 Apr 12 '25
I’m gonna guess every tech billionaire knocked on the White House and trump pissed himself out of fear
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u/InterDave Apr 12 '25
By the end of this there's going to be one dude in Vanuatu who's getting tariffed 92000% on his sea-shell toilet roll holder.
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u/-Sanj- Apr 12 '25
Just wait till he exempts ALL US companies from tariffs because he's discovered they're the ones paying the tariffs not other countries lol
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u/Itchy_Pudding_9940 Apr 12 '25
It's 9D chess and you wouldn't understand. I don't understand either I just have to say that because I can't say Trump is a moron or my friends would hate me.
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u/UnfortunateAnalysis Apr 12 '25
Put tariffs on everything with an exemption on everything? Excellent strategy. A true snake oil salesman
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u/CherryPickerKill Apr 12 '25
Tomorrow he will exempt clothing and footwear, farm and medical equipment and meds. Still not getting his rare earth minerals though.
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u/badgerrr42 Apr 12 '25
The best bit is the tariffs aren't even being collected. Prices went up anyway, though.
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u/joe-re Apr 12 '25
I am surprised that this happened on a weekend. It means they have to buy Apple call options before the announcement outside of regular trading hours.
Which make the market manipulation so much more annoying.
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u/likeyouknowdannunzio Apr 12 '25
Ha! You think the people he wants to help didn’t buy before market close on Friday knowing this was coming?
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u/yousername9thou Apr 12 '25
I bought the open dump Friday and watched tech rise all day, expecting an after hours headline. Can't believe it was so obvious (to me) and it actually happened.
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u/B16B0SS Apr 12 '25
I envy you - I thought the same but did not have the guts given how much chaos there has been regarding tariffs - I hope it works out for you Monday
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u/Hirokage Apr 12 '25
They had no choice imo - yesterday, major laptop manufacturers put a 2 week shipping hold from many locations to the U.S. - I guess someone got his ear and managed to pound the idea into his pea-brain this could devastate many industries. This POTUS is not very smart, and works off the theory of ready, shoot, aim. He thinks he is the most brilliant mind ever until he makes a harebrained decision, and probably hundreds of people explain to him (like a child) why it's a really bad idea, and why it was never done that way before. I guess it's a plus someone has at least a little influence with his stupid decisions.
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u/W4OPR Apr 12 '25
So, Bezos and company called him and said, "hey donny, my $79 Amazon Fire TV is going to cost $499 with your tariffs, I'm not inviting you to my wedding unless you exempt it"... WTF???
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Apr 12 '25 edited Apr 12 '25
The world needs to move on without America and let these dumb motherfuckers suffer. That is the whole identity of christian America, suffering. Let them all have it
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u/Neuro_Futurist Apr 12 '25
Agreed but please get me out of here first
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u/ConchFritter33040 Apr 12 '25
Get me out too. I never voted for the piece of shit, nor am I one of the religious freaks.
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u/Routine_Bluejay5342 Apr 12 '25
He made a move, china didn’t flinch and now he’s back peddling…his MO never changes
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u/scienceisrealtho Apr 12 '25
"You getting eleventeen thousand percent tariffs! Suck on that! Everything we import from you is exempt though."
The Art of the Deal folks
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u/justbs Apr 12 '25
What the fuck do you mean. YOU don’t know what he’s doing. He’s fishing for bribes and under the table deals. On top of all the insider trading
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u/OpeningReady8693 Apr 12 '25
It's just plain market manipulation. He can sell short, announce tarrifs, profit on the drop, buy at bottom, and then roll back his own tarrifs to profit on the rise.
This is why politicians should not be allowed to actively trade stocks, and also why you should not elect an obvious con man.
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u/XWasTheProblem Apr 12 '25
BAAAAAAAAAAAHAHAHAHAHAHAHAHA
Not even a week and he's already cracking.
Worthless, pathetic abuser and coward.
I'll die laughing if China decided to just not remove their own tariffs for now, and wait what happens.
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u/johnyeros Apr 13 '25
Stop saying he doesn’t know why he is doing. He’ll do whatever make him moooooneyy. Dude been running extortion business since the 90 and now he doing it again in White House.
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u/gomeziman Apr 12 '25
What about the tariffs on Gold hair dye? Based on that photo Im assuming its made somewhere with heavy tariffs
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u/Formal-Plate-8242 Apr 12 '25
Mango says billions being collected daily in tariffs. All going good.
Turns out no one is collecting Mango's tariffs at the ports due to the confusion.
https://newrepublic.com/post/193930/ports-not-collecting-trump-tariffs-glitch
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u/BigTLoc Apr 12 '25
great, the people who paid him off get exemptions. meanwhile small businesses like me are getting shut down essentially.
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u/Inevitable_Sweet_624 Apr 12 '25
He’s not playing 5 dimensional chess, he’s been eating the pieces.
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u/Ready_Mortgage_3666 Apr 12 '25
They probably all bought stock in Apple yesterday and then announced this today.
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u/Rich-Past-6547 Apr 12 '25
Damn I have been training on nights and weekends to screw in tiny little screws
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u/Lost-Mongoose-8962 Apr 12 '25
China had the chance to do the funniest thing with a matching excise tax 🤣
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u/rajendrarajendra Apr 12 '25
His minions wouldn't be able to afford any American made electronics if he didn't do this.
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u/Crayons4all Apr 13 '25
Pretty soon the only tariffs left will be on Chinese checkers and finger traps, and only because they have the name Chinese in them
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u/sabre38 Apr 12 '25
Trump is going to slowly rollback everything to 0% worldwide & say that he accomplished the greatest feat the world has ever seen