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Trump raises tariffs on China to 125% but announces 90-day pause for other countries – business live
(www.theguardian.com)
this post was submitted on 09 Apr 2025
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Wtf is going on
They are literally pumping and dumping the stock market as a whole. It's market manipulation by tariff as they make bank on peoples fear.
https://en.wikipedia.org/wiki/Pump_and_dump
This isn't really Pump and Dump though, it's more like "Dip and Rip"
Began it has, the war on greed.
Two rules. Only buy. No sell.
That's what I did. I rebalanced my stock allocation from 50% to 80% and put a few thousand more in the market.
General known info would be that lump sum beats DCA 2 out of 3 times. Well, we're after a crash. So I just am pumping everything into it.
Into European stock tho, not touching crazy.
But for anyone reading this: keep an emergency buffer of 6 months on your savings account. Your choice if that's 6 months expenses or 6 months income.
If you get fired, you have unemployment benefits, if you get sick you get sick pay.
We have the ability to seek a bit more risk in our private lives.
I hedge my bets and do both. I deposit a regular amount regardless of what happens but will throw in a bit extra when it's clear there is a dip. I prefer the international ETFs also. Can't go wrong being more diversified.
Double recommend the emergency fund. I have 6 months income but with the current volatility and that fact that I live in this American shit hole, I may want to start contributing more to it to get 9 months at least. But since I have 6 months already I'm fine with not missing this opportunity to buy the dip.
I only wish I had waited a week to make my yearly IRA contribution. I generally do a lump sum for that since I just max out the contribution for the year with my bonus mainly because it's easier to keep track of. This event makes me want to rethink that strategy since I missed the dip on that by a week. It probably doesn't matter that much though since I can't touch my IRAs for around 30 years anywho.
The DCA method. They say time in the market beats trying to time to market.
But in these times, it's obviously those with money outside of the market that have the biggest gains.
COVID had a one month crash. Then here in Europe we had the energy crisis bear phase.
But between the financial crisis and COVID it went relatively smoothly.
Future can't be predicted. DCA or building up a lump sum for a bear phase. No idea which of the two is the best option.
The latter is probably the safest one.
Diamond hands 💎💎💎💎
Wԋαƚ'ɾҽ ყα Ⴆυყιɳɠ
Bought lu908500753 at 221 each for 84 pieces.
Let's see what happens today
These swings are good opportunities to harvest losses if they cause any and you can move into something else that's similar.
Like from a Blackrock 80/20 fund to a fidelity 80/20 fund or whatever it would be.
Minimal risk but you can still realize a loss.
I was going to do that until he of course undid it today. My timing was off unfortunately.
Chaos. And it's intentional. It makes the US vulnerable.
I disagree. While many of his sicko fans may be pushing towards this goal, Trump, himself, is far too incompetent, stupid, and demented to understand the point of what ever he is, he does. He reacts at a pure emotion, and this play will obviously end him And all of us in a much worse position. He’ll still convince him, Self he’s winning, though, and every sycophant around him will vociferously agree.
The only way to stop any of this is if Trump, and his entire cabinet, are dead. I’ll leave it up to you to figure out how that should happen.
Oh stop that. He knows exactly what he's doing. It's a reverse pump and dump to make insiders more money, while also destabilizing the global economy to help Russia.
I wonder if all this is just a distraction for something else... no idea what though.
After 2016, you should no longer wonder. It abs-o-fucking-loutley is a distraction for something (everything) else. And if you wanna know what it’s a distraction for, pay closer attention.
Currently, there are several terrifying crises that Trump has created: an immigration crisis, an import/export crisis, an economic crisis surrounding taxation, and an impending climate crisis. Everything he does is to distract from one thing or another, because he’s trying to ram through Project 2025, which is basically trying to re-legislate everything that the entire world is progressed away from over the last 150 years. Why, because the insane capitalist who want these regressive policies are the ones who also kisses ass to the point that he will do whatever they want.
How do you fight against any of this? Fight against all of them. But don’t expect that the judiciary or the legislative branch will accomplish that goal.
Trump has to be eliminated from any position of power. Forever. That’s the only way to begin any hope of reformation. And even if not reformation, just stopping it from becoming worse. Same goes for any ally of his, no matter how temporary, and including anyone who ever voted for him, or thinks that he is capable of anything other than a catastrophically destructive and fascistic authoritarian control of this country that will nearly immediately lead to its destruction
Thanks for the explanation.
It doesn't much matter whether he has a plan to destroy the USA or whether he is a dumbass being manipulated by others with a plan to destroy the USA, or whether the manipulation is mainly based in blackmail or narcissistic pride. The overall result is the same.
The fourth possibility you failed to consider, or at least did not include in that list, is that he has such a demented, egotistical, dumb fuck, that he is doing what he’s doing for those reasons.
But you’re correct: the result is mostly, if not completely, the same.
It's not intentional...
His first term had people managing him and stopping him from doing this shit.
This term is all people egging him on
He thought countries would rush to negotiate, instead they called his bluff. So now he's vaugely saying "everyone" has been negotiating so he's pausing everyone but China.
He wants every country to think they're the only one not negotiating, when really no one is.
trump isn't that hard to predict. 80s sleazy business practices are way more likely than some convoluted scheme to crash everything.
Putin wants him to, and trump is gonna do it. But at no point will trump be crashing the US economy intentionally, he's genuinely doing his best right now.
And that's way fucking scarier
Quick edit:
Even this 90 day pause, it's almost certainly just because they saw the bounce from that fake tweet, and knew it would at least cause another bump if they really did it
They're fucking idiots with no clue what they're doing.
At this point, I am convinced it's a pump and dump scheme, still ongoing, too. It only takes a few people in the know of when and where the news break about the tariff supsension, to seriously make a killing on the market, on the backs of others. Trumpists can now also (for a while) feel like their God has saved them again and never steered them wrong, or curse their momemts of doubt, when they did not buy yesterday, as their prophet called for.
It is a mixture of incompetence, impulsivity, but I am certain at this point, a huge chunk of it is outright corruption and cult tactics.
I honestly believe it is intentional as well. The 90 pause that went around social media the other day wasn't a mistake it was a leak.
They'd be stupid to not be financially gaining from their intentional manipulation. We hired an entire administration of grifters, what else should we expect?
He literally announced on Truth Social now is time to buy right before he announced the change.
There’s no arguing about it. The intent is to manipulate the market to make his friends rich.
Any bets that it will take less than 90 days before we get the next tariff circus?
I feel like it's just going to be round 1 of Canada and Mexico all over again. The pause for them didn't make a difference. He said "let's make a deal", Canada and Mexico made a deal, and then 30 days later the tariffs began regardless.
No one is making deals this time because everyone knows they won't affect the outcome. What is affecting the outcome is making threats. So either he just stubbornly waits it out, getting nothing in return before they happen anyways, or he chickens out and walks it all back.
You say that like the first one isn't still happening.
2+ million shares of SPY were traded in 3-4 minutes an hour before it broke. Had been pretty much flat since opening for the day. It's fucking blatant.
And there's only a neutered SEC left to investigate.
A psychopathic criminal regime has taken over the US.
And by and large the electorate is fine with it
They're openly doing insider trading
Ineptitude.
Government by a delusional malignant idiot clown.
An entire administration of delusional malignant idiot clowns in fact...
The US is a clown country, no more pretending otherwise.
End stage capitalism
He's a demented rapist who should be nowhere near government.
Trump is a dumb fuck who got called on a shit by someone he couldn’t force into doing what he wanted. So, like any bully, he’s “changing the agreement” to appear that he is still in power. Which, obviously, he never was.
Trump told his friends to short their stocks, announced tarifs to crash the economy, they all made tons of money.
Had everyone buy low, announced pause on tarifs, made tons of money again.
I really hope its that way, and not just trump being batshit crazy and having no idea or plan what to do.
HEYYEYAAEYAAAEYAEYAA
They wanted to extort other countries but they are too stupid to execute something like this. They used ChatGPT and fake experts to come up with this 'plan' and it failed. Now they are bailing. In couple of days they will start droning Mexico or Israel will start another ground invasion somewhere to cover this fuckup with another one.
I guess the strategy of USA is based on D20 dices. That would be my best guess.
I think we all know Trump can’t use a dice any larger than a D6 without severe confusion. Hell, might have to scale that back to a coin flip.
South Park already explained how the US government determines economic policy...
https://youtu.be/dvYvQeNeq3A
Update: It was all a market manipulation scam, to make his pals richer.
Pure idiotic fuckery is what's going on and the idea of a market rebound is hilarious to me because even without global tariffs there are plenty of other things he can do and IS doing to create instability in the USA. He's gotta go, the sooner the better.