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#trumptariffs

75 posts53 participants4 posts today

Remember when the stock market was nearly 6000 points higher under Joe Biden and Kamala Harris and your 401Ks were rosy with cash again after Trump left office?

And how the incompetence of Donald Trump after his return to office flipped the markets and your 401Ks back into losers in only 3 short months?

Good times; good times.

#scottbessent #howardlutnick #peternavarro #peternavarroabsent #tariffs #TrumpTariffs

But Bessent and Lutnick defends the tariffs on Fox ; hypocrites ;

“Two of President Donald Trump’s cabinet officials conspired to confront him on scaling back tariffs while trade adviser Peter Navarro was away from the Oval Office, according to The Wall Street Journal.

The paper reported Friday that on the morning of April 9, amid market turmoil, Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick saw a small window to convince Trump to scale back his tariff plan and took it.

The two reportedly acted quickly while Navarro, one of Trump’s most vocal advocates for tariffs, was occupied in a separate meeting with economic adviser Kevin Hassett.”

mediaite.com/trump/trump-cabin

Mediaite · Trump Cabinet Officials ‘Rushed’ to Oval Office To Convince Trump To Scale Back Tariffs While ...By Kipp Jones

Strange sell-off in the dollar raises the specter of investors losing trust in the US under Trump

“Global trust and reliance on the dollar was built up over a half century or more,” says University of California, Berkeley, economist Barry Eichengreen. “But it can be lost in the blink of an eye.”

sentinelcolorado.com/nation-wo

Sentinel Colorado · Strange sell-off in the dollar raises the specter of investors losing trust in the US under TrumpBy BERNARD CONDON AP Business Writer