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And boom, Trump caves on tariffs

I stepped out and got a sandwich. Came back to the office and saw the market is up like 6%. I was like what in the hell happened? Then I saw this news. Market wanted so badly to rebound. We'll see if it sticks. That would be great if it does. We will see.
It’s going to depend on when the price spikes start happening. We are still going into a recession. Just now instead of no certainty. We have a little bit.
 
As usual all the tough guy B.S. goes by the wayside.
That's not caving. That's profit-taking - for all those who got the news ahead of time on when the tariffs were going on and coming off.

He'll do this again. Guaranteed.

Did the House and Senate agree on the giant tax cuts for the rich bill? I was thinking he'd wait until then to rope-a-dope the tariffs. Maybe he's counting on people being too giddy from his 90-day pause to notice when they pass this giveaway bill.

Meanwhile, a 90-day pause won't fix everything Trump broke.

The question is whether the rest of the world will take smart steps to protect themselves from the next round of Trump madness.
 
That's not caving. That's profit-taking - for all those who got the news ahead of time on when the tariffs were going on and coming off.

He'll do this again. Guaranteed.

Did the House and Senate agree on the giant tax cuts for the rich bill? I was thinking he'd wait until then to rope-a-dope the tariffs. Maybe he's counting on people being too giddy from his 90-day pause to notice when they pass this giveaway bill.

Meanwhile, a 90-day pause won't fix everything Trump broke.

The question is whether the rest of the world will take smart steps to protect themselves from the next round of Trump madness.
I’m going to continue to sell out of the market. Regardless of tax consequences. Try to time it as best as I can.
 
I keep wondering if this is some sort of weird game to him... Announcing tariffs and then delaying them a few days later.
 
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Just upped the amount on China to 125%. 10% on everyone else during the pause.

Before the announcement on April 2nd, none of this was in effect.

How is this backing down?
Let me put this into terms HBOTers of all political persuasions can understand.

At one point in her life, your mom was a virgin. Then eight or nine guys ran train on her. After they were done sometime the next day, she wasn't a virgin again.
 
Yeah, I’m going to wait to wave the victory flag. If he was smart he’d put a coalition together of the rest of the world vs China. But we know he isn’t.
He shit that opportunity away within a week of taking the Presidency. Only a complete moron would even meet with him to discuss something at this point.
 
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He shit that opportunity away within a week of taking the Presidency. Only a complete moron would even meet with him to discuss something at this point.
Cue him refocusing on Ukraine to make himself feel better. Or is it bomb Iran time? Coin flip
 
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