Originally Posted by VNORTH2
I think I called this one, folks

Good call Steve.

Trump doubling down on China was probably an attempt to save face as he reversed his previous policy, but it will sharpen fears that trade between the world’s two largest economies will grind to a halt, severely hurting both sides and sending negative reverberations across the globe. The question is which of the two countries will back down first because both sides are bluffing and really don't want a trade war. The Trump administration tried to spin an embarrassing retreat into a great victory, explaining that the reciprocal tariffs were paused because of a rush of countries wanting to do deals with Washington. The sad thing is ... it's not over. In 90 days it starts all over again. Who is going to stop this nonsense?
The DOW (stock traders) is the loser because Trump can manipulate the stock market and that will scare investors away.

Last edited by Rob B.; 04/09/25 04:01 PM.