LOL just more proof that tariffs are stupid

Trump just announced a pause in reciprocal tarrifs except for 125% against China and the markets are cheeriously green.

Maybe just maybe markets are saying don't tariff cause that will have horrible effects on people and trade and pausing tariffs is a good idea.

But Marty is right in that tariffs and trade balances are top of mind for any conversation with the US right now where the topic is foreign trade.

I expect saner minds will come up with solutions where everybody loses something but everybody is better off than before.

Now at some point Mike Johnson and Congress and the Senate are going to have to speak with their responsibilities in directing what Trump is doing by presidential decree right now

If writing ever becomes work I think I'm going to have to stop