Dow jumped over 2000 points. Just at this market manipulation

So is the going to just pretend this never happened? All water under the bridge?

the insiders made a stupid amount of money on this, in both directions.

Deeply unserious economic system

"Thank you for your attention to this matter."

Manager Trump lmao wtf....

r/wallstreetbets guys caught holding the bag yet again because they were all going in on puts/shorting the S&P and mistimed JDPON Don's latest flipflop

bass boosted windows xp shutdown noise plays eternally

damn the higher the China one goes, the more fucked apple stock is, right?

among others to be sure, but my understanding is apple is the big boy at the table, losing the most by percentage and total volume.

I want to see a $10,000 iPhone and the person who buys one.

He didn't "blink". He did a Dump & Pump scam. He and his wealthy buddies shorted a bunch of stock, then he announced tariffs and crashed the market. Anyone with short positions in advance of the crash made serious bank. Then he and his friends bought a bunch of stock at reduced price right before Trump announced a 90 day pause which pushed the market back up. Insider trading.

He’s keeping the tariffs on China though

So i should have bought the dip

This guys are just inside trading & making trillions, why else would you re-reverse this shit so many times.

The tariff on-off back-and-forth crap is too annoying to bother following any more.

WEAK SUBMISSIVE Trump gets SLAMMED by HARD China TARIFFS

It wasn't paused on China. This is just phase 2. Nothing has gone substantially wrong for the US plan.

I plead with you stop buying the circus in front of your eyes and look at the bigger, deeper picture.

IF Trump was rattled by China's retaliation he would include them in the pause and pretend it had nothing to do with them, he'd attempt to play it off as a global thing so as to not given undue impression of power on China's part. That he hasn't tells you he doesn't care.

The point of this was never hurting say India. It was always about China, other nations were included to disguise this fact and to shake them down because why not. Also to pressure them to bring them into the fold for the next phase.

But the fact that China's tariffs were increased, not removed tells you all you need to know. Namely they are absolutely dead serious about decoupling from China. I cannot crow about this enough given how many people in left online spaces have for years dismissed as impossible, absurd, ridiculous the idea of decoupling from China. I'm not happy about it but the US certainly seems to be pushing for a bifurcated world, one camp under their control, another camp for China.

India is not going to help China, they're a reactionary/fascist nation actively trying to ~~stab China in the back~~ weaken China and take their industry and courting the US for a trade deal which the US will give them in exchange for helping move important (iphone, etc) manufacturing from China to India for the US. China is courting them anyways in public but it won't work. The only real allies China has in this are likely to be Vietnam (maybe, US is trying to peel them from China and stoke division and these moves were going to badly hurt Vietnam but were pulled back), DPRK, Russia. The US likes those odds. The US feels it can deal with an isolated bloc of those countries and Trump feels he can maybe peel Russia away with time.

China made a call and Trump seized on them trying to stand fast and rally the world to them to fight the US by giving everyone else a reprieve and thus no reason to stand with China while he leaves them isolated and alone. They can't back down now so in a way I think Trump has them where he wants them. Namely standing alone, with the rest of the world negotiating with the US on terms which will doubtless include measures to pull them into the US orbit and away from China's orbit in exchange for tariff relief.

I don't disagree with China's call but they may have walked right into a trap of certain intent and design by the US. To be fair they didn't have any great choices. If they just bowed their heads and pleaded on their knees things would also be bad for them. I've heard that Trump admin has been refusing meetings with envoys and so Trump and co are lying about China not trying to negotiate, it's just a lie they're pushing while they refuse to listen or treat with China so they can justify all of this and cast China as the belligerent aggressor who doesn't want to be fair.

It's about isolating China. It's about creating economic interests and incentives that isolate China and I think its working at least at this stage. The pause will cause most countries to come and negotiate and most will be given relief for token concessions which Trump will trumpet as big deals and big wins. The US may indeed be intent on devaluing their currency to make exports competitive but as part of this they have to isolate China, they have to smash Chinese industry and competitiveness and look what we have? China standing alone against the US, calling out to other nations who even now slink away from it leaving it alone because no one else wants this fight, they all want to take the out because the US is still too strong.

China needs to use what strength it has to really hit the US.

Though I worry it doesn't matter. I worry they've built into their plans a hope that tariffs can continue to spiral out of control, that Chinese goods become unaffordable, that the economy crashes, that supply chains are forcibly rerouted and there are years of shortages but that they achieve a quick, fast, if painful decoupling from China leaving them free to isolate, sanction, blockade, and attempt to destroy China using their navy, their control of global finances to sanction and make trade with China for third party nations impossibly expensive or painful, and so on and use this to crush Chinese industry and economy, to break up the belt and road, to re-enslave the global south that China was trying to free with better loan and development terms. If that's the case and capital doesn't revolt and I think there's a very good chance it doesn't as at least tech capital seems to be standing with Trump and can always be bought off with specific exemptions for say Apple to import x amount per year not subject to tariffs then China has a hell of a fight ahead of them.

Ah my profits

Wtf does "lack of respect to world markets" even mean? They retaliated towards the US's fascist sabre rattling?

Booooo, i wanted things to happen

Up to 90 more days of having an economy

EU announced counter tariffs today. I wonder if the trade war will continue there too

Is the tariff pause applicable to China too? This pos is so incoherent.

i was watching hasanabi and he was explain that yanis was right, that trump is following some plan of devaluing the us dollar so other nations can afford to purchase us goods

edit this plan

Is the 10% still going to destroy the economy?

I hope the damage already done is enough to balkanize the US in the near future

Bend the knee, still get tariff by 10%

In this brouhaha everyone forgot that Trump successfully established 10% tariffs for most countries, and everyone seems to be happy bcs “is not 25-30-42% we were originally threatened with”

Really burying the lede on the point of this post Donny boy