Summary
Donald Trump abruptly reversed his tariff policy Wednesday, announcing a return to a 10% baseline tariff on most countries and a steep 125% rate on China.
His administration appeared blindsided, with Treasury Secretary Scott Bessent unable to explain the move and press secretary Karoline Leavitt resorting to combative rhetoric.
The shift likely responds to mounting criticism from conservative allies and market instability marked by a debt sell-off.
Despite confusion and lack of clarity, officials tried to play up Trump’s unpredictability as strategic leverage rather than a sign of disarray.
100%. It’s been obvious from the start. This is probably the top secret part of project 2025 that is alluded to exist, but hasn’t been documented anywhere.
4 years of these pump and dumps will kill off most small businesses, while enabling the nazi party and preferred oligarchs (including Putin) to consolidate and own the lions share of the market; stealing trillions from global investors and retirement funds, and attaining voting rights to control most corporations. DOGE’s purpose was to eliminate and disrupt every institutions ability to document and enforce these crimes.
Agreed that it’s insider trading.
But how will this contribute to monopolization of the corporate sector and harm small/medium businesses? Why would all of this increase their corporate control of other large corporations?
I’m not saying that isn’t their goal, because it clearly is. But I don’t see how pump and dumps necessarily help them achieve that. Especially now that everyone with a brain knows this is what they’re going to keep doing