Elect a clown, expect a circus

1. Announce a bombshell of tariffs on Wednesday 2 April 2025 to multiple countries (except, suspiciously, to Russia, Belarus, North Korea, and Cuba). Using amateurish calculations that include charging two inhabited islands filled with Pinguin, even charging Australia whom the US actually has a trade surplus against.
2. Within the duration of one week, markets crashed whiping more than $6 trillion, China retaliated, hedge funds’ “Basis Trade” exposed, Treasury yield spiked to 4.5% on Wednesday 9 April and was this close to needing a Fed bailout.
3. Giving a face-saving speech filled with ego, saying “these countries are calling us up, kissing my ass. They are dying to make a deal, please, please sir make a deal. I’ll do anything, I’ll do anything sir.”
4. And then back off from the move, pausing the new tariffs for 90 days. Markets rebound, and Peter Navarro somehow taking claim: “This is one of the greatest days in American economic history.”
5. Except for Chi-na. Their new tariff is now 125% (so 20% + 125% = the total tariff against China is 145%) and the trade war is ON full blast. But of course. this is a big problem for another day.

Elect a clown, expect a circus.