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#tarrifs
Insider Trading President? Think about it. A set of wealthy men know when the US president will be pausing or applying tariffs that will upset the markets. Those in the know (e.g. insiders) can short the market or time buy. Where's the SEC when you need it? Oh, wait, that's controlled by executive branch, too?
The biggest grift the world has ever seen 8f this is true.
#uspol #USPolitics #trump #tarrifs
US Stocks Surge As Trump Suspends Tariffs On Countries Except China - Barron's
All this #Tarrifs stuff is really just Trump gaming the markets so that him and his buddies can make money.
You know he's texting them before he makes these announcements so they know when to buy and sell.
DMCA - Digital Millennium Copyright Act
Imagine it becoming completely nullified.
If Donald Trump does not yield, and stop his tariffs, that is what is about to happen.
#AntifaAF Music
More topical 
from #JesseWelles
Tariffic
https://www.youtube.com/watch?v=ps38NEQ-MW4
Are you #Tarrified yet?
#uspol #tarrifs #auspol
Despite it being so serious the escalating Trump trade war with China is entertaining.
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The whole conceit that China needs the USA more than the USA needs China is almost farcical.
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The truth is in this modern world, everyone needs everyone else. So this trade war is damaging everyone.
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But yeah, Donald go for it, tax the fuck out of the USA with your insane tariffs, make your imports so expensive that they are unobtainable while simultaneously failing to ensure supply chains and domestic capacity.
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Just wait and see what effect a 25% tariff on aluminium has on airplane production.
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Where are you going to get rare earths from in the short term ?
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What about the many other things that the USA must import because there are no domestic resources?
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Diamonds, coffee, chocolate and a score of others?
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But the really, really bizarre thing is the thinking behind the trade war.
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Trade is not the reason the USA has a debt. Overspending is the reason you are in the deep doo-doo, your country's inability to live within its means.
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You (sovereign) spend more than you earn. So either spend less or earn more...
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Here is a tip, spend less on your military, 4% of GDP is clearly unsustainable...
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Either that or implement an effective tax scheme...
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Get big business and the rich to pay their fair share...
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Bankruptcy will not solve your country's problems, even if it makes you, personally, and your mates richer.
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But people are watching, and they are not amused. Pitchforks and torches...
Cath 
Three months in to a four year administration in the US and there are hundreds of thousands of people on streets across the world. Just take a second to think about that - it's such a bad three months that even other countries are having to deal with mass demonstrations. What will it be like twelve months in?
#Trump #Tarrifs #USPolitics #recession
In an example that may demonstrate how Trump's tariff policy is about amassing influence and not economic policy, a fossil fuel industry that donated to Trump in record amounts and remains closely tied to the regime through the numerous folks with industry ties appointed to the US administration, received an exemption from the tariffs.
https://www.theguardian.com/us-news/2025/apr/04/trump-exempts-big-oil-donors-from-tariffs
‘Oligarchy’: Trump exempts big oil donors from tariffs package
"The exemption came after the fossil fuel industry poured $96m into Trump’s re-election campaign and affiliated political action committees, as he pledged to deregulate the sector and roll back environmental regulations. This was less than the $1bn Trump requested from the sector in an infamous meeting at his Mar-a-Lago club, but still constituted record levels of spending.
“Oil and gas billionaires just bought themselves an exemption from Trump’s tariffs,” Stevie O’Hanlon, spokesperson for youth-led environmental justice group the Sunrise Movement, said on Thursday. “While the rest of us have to deal with skyrocketing prices and rising temperatures, they’re sitting on their thrones and raking in billions. We need an end to this oligarchy now.”
In the first three months of his second term, Trump has made good on his promises to attack green policies. He has also maintained a cozy relationship with the industry, appointing an array of industry interests to his administration.
Last month, the president held a meeting with more than a dozen oil executives at the White House, where he floated an energy exemption from his tariff package, according to the Washington Post, with one source telling the outlet that it was unclear if Trump was making a joke or a serious policy pledge."
Because Trump's tariffs are effectively a regressive, compounding tax that therefore harms labor class people way more than it harms the wealthy, there's a valid argument that exempting fossil fuel products from the tariffs represents an effort to mitigate the increased costs of Trump's mafia-style shakedown on regular people. The problem with that idea of course, is that Trump himself is *directly* responsible for those increased costs due to these tariffs (again, which function as a regressive compounding tax on labor class people) as part of his destructive global trade war, and thus clearly does not give a fuck about consumers. What he does care about however, is an oil and gas industry that happily turned over vast sums of money to fuel his political career; who will now be exempt from the tariffs threatening to bankrupt other American businesses and millions of average people who don't benefit at all from fossil fuel lobby donations.
I should mention that they're worse than a sales tax, because in a sales tax, all the money goes to the government.
In the case of a tariff, some of the money goes to the government, and some gets pocketed by local producers, as well as a smaller amount by importers.
It's a sales tax with a bonus given to large domestic producers, or in other words, to the wealthy.
I find it interesting how few news outlets are reporting on the tariffs as what they effectively are: a tax on consumers.
An importer or producer will pass on the cost of the tariff down the line. An importer will pass the cost down to the consumer and a producer will pass it down their chain as well. It's short term pain but the market adjusts to these new prices.
This also drives up the cost of locally produced goods since the market price is now effectively higher. The local producer can now charge more and pocket the difference, even if they're less expensive than the foreign produced good.
This makes tariffs effectively a sales tax. It's frustrating and harms the importers and product producers in the short term, but in the medium and long term they act as an effective disproportionate tax on the poor and middle class.