The Daily Trump

Yeah, but 90% pause on rest of world.
NASDAQ skyrocketing; will FTSE make up ground tomorrow?

Interesting he announced it at close of European trading.

The cun7

 

I think he genuinely doesn't understand that the term "asylum seeker" doesn't refer to someone from a mental asylum. That's why he talks about Hannibal Lecter and other weird stuff.

 

Trump main advisor saying it’s the greatest day in American financial history that the world as settled for paying 10 percent extra to USA and China economy will suffer because it tried to kick back,watch this space ,crazy few days

 

So basically he tried bullying the rest of the world with his tariffs, but that totally backfired because the majority stood their ground, the stock market tanked so now he's trying to spin it that this was his cunning plan all along because it’s forced 175 countries to negotiate,

 

The problem is markets work on confidence. You can’t have any confidence in this lunatic. He’s done untold damage already.

 

Can you imagine trying to run a business in the US when he changes tariffs ‘effectively immediately’ via a tweet? How could you possibly plan anything?

 

Exactly it must be a nightmare. Now imagine deciding where your next car plant is to be built.

 

And by pausing/suspending them, the turmoil in the markets remain. The guy’s an absolute bell end

 

Trumps backed down so quickly even his hair has done a u-turn

 

Andy int it a 90-day pause and not a 90%

 

Trump is a god awful communicator and a moron, so i don't think it's exactly clear what he means.

He said there's a 90 day pause and also said there's a reduction to 10% in that period, which don't really work together do they.

 

I’ve just watched his press conference , he appears to be crowing about the ‘record’ increase in the stock market.

It’s pretty concerning that someone so stupid can have so much power , and what is your f greater concern is that he’s more reckless than he is stupid.

I’m assuming that he’s been strong armed into this U-turn by the ‘powers that be’ because he was about to plunge the world into recession.

 

Indeed, sorry.

Fat fingers

 

I also watched him and the more i listen to him,the more I believe he’s insane

 

What’s more concerning is that the MAGA morons believe his bull$hit.

 

just shows how stupid his supporters are

 

There’s 2 methods. The 25th amendment allows the vice president and majority of the cabinet to remove him, or a majority of the house can impeach and then 2/3 of the senate is needed to remove from office.

The cabinet are all trump sycophants so that seems unlikely. The house and senate are both republican controlled. The house will almost certainly impeach him at some point during his term (as they did twice last time…) but getting 67/100 senators to convict will be a challenge.

 

Forced by the bond markets. The cost of servicing their national debt was rising so fast there were genuine fears they would not be able to borrow money and service the debt.

However he tries to spin it, it's a humiliating climb down. Those tariff levels haven't been paused - they have been killed stone dead by the bond market and they won't be coming back. And the whole world knows it.

He has been publicy humiliated. To watch him try and spin the rise in the markets as being his doing was frankly cringe. I was embarrassed for him.

 

same and agreed. Will be interesting at 8am today. Some bargains to be had for the brave.