Want to understand what Trump is doing? Part 2

The world has gone mad. Not sure I can be bothered with it any more.

Norah

This woman well explains Trump tariffs. Quite interesting.

www.youtube.com/watch?v=MJbZCbBLqkk

*Ridiculous fat/water adverts to click beyond at beginning.

Don't ever worry about the adverts Norah, we all get our own, usually relevant to what we have chosen to watch (although not always!)

PoliticsNerd

Norah

This woman well explains Trump tariffs. Quite interesting.

www.youtube.com/watch?v=MJbZCbBLqkk

*Ridiculous fat/water adverts to click beyond at beginning.

Don't ever worry about the adverts Norah, we all get our own, usually relevant to what we have chosen to watch (although not always!)

Thank you.

I thought that daft nonsense was part to the recordings!

Check out 'Saturday Night Live' (last night). Quite funny.

The SNL cold open was hilarious. They even managed to make fun of last weeks musical guest, Morgan Wallen. Wallen left the set quickly without speaking to anyone amd then posted on his social media an image of his plane and a quote "get me back to God's country".

You can search for Wallen's past behavior. It is not nice.

They got Trump, Musk, Steven Lutnik and Wallen in there.

youtu.be/VEle3pZRqmI?si=wMegMkBrPd6EezyE

Oh my, Norah , thank you- that was both illuminating and terrifying in equal measure.

Chocolatelovinggran

Oh my, Norah , thank you- that was both illuminating and terrifying in equal measure.

You're welcome. We've daughters who love to watch SNL for the first minutes, typically hilarious. They bring bits round on their devices.

Now on tv acting like a stand up comedian. Everyone around him laughing and cheering. This after causing chaos throughout the world. Sickening.

I’ve just seen that Canada, Australia, EU, and UK and others are considering setting up a new trade bloc between themselves, because the US tariffs, even if negotiated down, are still punitive. I think this is what Ursula Von der Leyen was referring to when she said today that the EU will "protect ourselves against indirect effects through trade diversion".

We in the US are in big trouble if he is allowed to continue this tariff baloney Casdon. Hopefully Republicans in Congress will reign him in, though I have my doubts.

I wonder if he might listen to the billionaires imaround? A number of them are coming out publicly to say they disagree with his tariffs. They probably speak a language he understands, rather than world leaders, other politicians or the electorate. Something is going to give soon, one way or another.

The big players are shorting the markets. It’s a sell off orchestrated by Blackrock and the big boys. They are the investors who don’t like the globalist agenda to be disrupted - cheap labour making goods and then be sold to the West for massive profits.

I don’t buy that.
www.newstatesman.com/business/2024/07/why-the-internet-blames-blackrock

Some people are going to make a killing over all this.

Of course, and some are going to lose huge amounts of money too. I just don’t think it’s as simple as an organised takedown of the markets.

Imaround put this on the "Strewth" thread, but it also belongs here, as its massive and yet another outrageous Trump move.

Trump, who has frequently criticised transatlantic trade imbalances and NATO burden-sharing, stated that no talks would take place unless the European Union committed to making annual payments to the United States, both retroactively and going forward

I'm with Casdon, except to add that tariffs won't get negotiated down after this annoucnent

"I’ve just seen that Canada, Australia, EU, and UK and others are considering setting up a new trade bloc between themselves, because the US tariffs, even if negotiated down, are still punitive.

I think this is what Ursula Von der Leyen was referring to when she said today that the EU will "protect ourselves against indirect effects through trade diversion".

Time to set up this alternative trading bloc or at least start talks

FriedGreenTomatoes2

The big players are shorting the markets. It’s a sell off orchestrated by Blackrock and the big boys. They are the investors who don’t like the globalist agenda to be disrupted - cheap labour making goods and then be sold to the West for massive profits.

FGT, the globalist nature of international finance is not going to stop - just shift. We will remain a globalist world, the rich getting richer, and all we can do is try and join together in trading groups that have a measure of power.

Cant turn the clock back to nation states controlling markets. Won't happen.

Years ago the entrepreneurs, wealthy business owners, were also philanthropists.

Only Bill Gates seems to come near that aspiration now.

I think Trump is fundamentally an honest person - otherwise the witch hunt of the last four years would have found something. His reset of the American, and indeed Western economies was well signposted. We're going to have to get used to it and change our modus operandi.

I believe from what I’ve read Wyllow that the talks about setting up a new trading bloc have already started. It really does have the potential to backfire for Trump, given everything that can be provided by the USA to the rest of the world can also be sourced from elsewhere. Starmer is right when he mentions the new world order, USA could find itself out in the cold if the Asian countries are part of this, or another new bloc - there’s nothing stopping countries working together if they choose to.

Here is a report you can download, FGT, that shows how often Trump lies and what he lies about. Trump is not now, nor has even been, an honest person.

reutersinstitute.politics.ox.ac.uk/our-research/all-presidents-lies-media-coverage-lies-us-and-france

Vietnam offered 0 tariffs and Trumps team turned them down.

People who know more than me are saying that Peter Navarro is likely behind the tariffs. And not in a good way.

Is that who Musk just had drama with? I can't remember now.

www.cnbc.com/2025/04/07/peter-navarro-says-vietnams-0percent-tariff-offer-is-not-enough-its-the-non-tariff-cheating-that-matters.html

I don't think you have been following any of the past GN threads about Trump, FGT, let alone clicked on the many links that have been posted to reputable authors who have commented on Trump's economic use of the truth.

FriedGreenTomatoes2

I think Trump is fundamentally an honest person - otherwise the witch hunt of the last four years would have found something. His reset of the American, and indeed Western economies was well signposted. We're going to have to get used to it and change our modus operandi.

Really?

I think he hired solicitors, delayed until he was POTUS.

Perhaps you're misjudging here, though not at all on the market drop

Its 1984 Newspeak, isnt it, Trump "truth social" stuff.

"It’s the "nontariff" cheating that matters". Continual invention of new grudges. Trump has something seriously wrong, constantly inventing grudges.

I dont know anything about Navarro

Is it true that he’s organising a military parade to celebrate his birthday?