Apr. 9th, 2025

thewayne: (Default)
I am shocked, shocked I say, to find that the tariffs have been altered so soon.

China is at 125%, and they've responded in kind.

Democrats had several Republicans signed on to a bill to claw back the POTUS's ability to unilaterally enact tariffs, a power normally reserved to Congress. The only reason he's been able to is he invoked an 'emergency', granting him extraordinary powers. Pretty transparent power grab is what it is.

Now, how much money did the top 0.1% make, shorting the stock market? My investment fund is down 7% since this fiasco started, 9% since he was elected to office, though it's up a tic today.

https://www.huffpost.com/entry/donald-trump-pauses-tariffs_n_67f3ecfbe4b0afc2a9d7c2a7

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