Summary
Senators Chuck Grassley and Maria Cantwell introduced the bipartisan Trade Review Act of 2025 to reassert Congress’s authority over tariffs, following Donald Trump’s sweeping tariff announcements.
The bill would require the president to justify new tariffs and submit an economic impact analysis. Congress must approve tariffs within 60 days or they expire; it could also revoke them anytime.
Grassley’s support signals growing Republican concern over Trump’s trade policies.
The bill echoes the War Powers Act (1973), underscoring fears that unchecked trade actions harm U.S. allies, exports, and consumers.
Now’s the time to buy. The wealthy know this, that’s why HitlerPig is doing it. He’s done the same thing each month since his inauguration. It’s deliberate market manipulation.
I dunno if right this second is the time to buy. The market has some settling to do over the coming months.
Wealthy investors know to buy on the dip.
Of course that’s assumming that there will be a quick recovery. If this bullshit sends us into a depression, they may have outsmarted themselves.
Buying the dip does not mean to purchase stock anytime number goes down. It means buy when you think something other than market forces are affecting a stock that you believe will make a quick recovery.
We are not in dip territory, we are in recession territory. An old saying is don’t try and catch a falling knife. It’s better to let it hit the floor before picking it back up, and we’re still a ways from hitting the floor.
Valid.
The S&P 500 is still up year-over-year. There’s a lot of pain on the way as responses and consequences roll out; this isn’t bottoming out in a week.
This is the part of the rollercoaster where the ascent finishes and gravity takes over. Of course the long term metrics don’t reflect what’s happening yet.