this post was submitted on 09 Apr 2025
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[–] wise_pancake@lemmy.ca 14 points 3 days ago (3 children)

I think this applies to us except the 10% he added

[–] Rhaedas@fedia.io 11 points 3 days ago (1 children)

"Things are still going to be expensive for the commons."

Stock goes up

Like I said elsewhere, I don't think this is a total manipulation to increase wealth, but damn if it does show the market is a huge smoke and mirrors and not anything of substance.

[–] Subscript5676@lemmy.ca 2 points 3 days ago (1 children)

It might not be manipulation, but from the “buy now” messaging that they said, it effectively is.

[–] humanspiral@lemmy.ca 3 points 2 days ago

It's a little more complex. It's market manipulation to control chaos. They are admitting that they intentionally did maximum evil, so that they could bring allies/world to its knees begging for relief, but then still put unjustified 10% tariffs on them. Through the chaos, investors and businesses most desperate to survive may have made decisions that permanently impoverished them. Don Jr. is likely to have portfolio trading gains that put Nancy Pelosi to shame.

It's not really market manipulation to publicly say "buy now" (it would be if privately told to a few friends with notice of chaos reversal). But an issue is that those who think Trump is a lying idiot, won't buy now, while those who think he's orange jebus, would.

[–] SamuelRJankis@sh.itjust.works 5 points 3 days ago (1 children)

The White House initially said the flip-flop would leave Canada with another 10 per cent baseline tariff, but later reversed course. Ultimately, there are no new changes to tariffs on Canadian goods today.

I think we should stay the course with our reciprocal tariffs especially if we can get EU to do the same.

Trump might not always be dumb enough to pick a fight with someone his own size so we should take advantage of the situation.

[–] Ledericas@lemm.ee 3 points 3 days ago (1 children)

trump is likely being pressure from the investors that are shorting the stocks from the manipulation right now.

[–] SamuelRJankis@sh.itjust.works 1 points 3 days ago

All the more reason to take the opportunity to get what we want. He essentially getting spit roasted on both sides of you want to imagine that

[–] Reannlegge@lemmy.ca 1 points 3 days ago

From what I understand everyone is still getting the 10% except China, who is getting hosed.