the Dow turns positive as CNBC talks about reporting that Kevin Hassett is saying Trump is considering a 90 day pause on tariffs for all countries other than China
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Then, a bit later, Karoline "Take it or" Leavitt told CNBC it was fake news. In the interim, the Dow jumped almost 2,000 points. Guessing that somebody in Trump's inner circle made a few bucks off that bump.
So, he’s basically making the economy an open ended TikTok deal?
Because you know this 90 day window will not be met.
This is exactly why we will not see domestic large scale production return. Who wants to make the massive investment when this guy is the worst combination of stupid and mercurial?
Whiplash is an accident , but this is planned. Get your friends to buy low, tank economy get interest rates lower so friends benefit and everyone else is just f**ked
yeah if a bunch of fake reports can sway the market this much, then it’s all fake. This cannot be worth trillions of dollars. It’s a bubble that needs to burst.
He was is whimsical, he is weak, he will drag this on and the uncertainty will weigh on prices and stocks. This is not a serious plan. CNBC is coaxing him to do what Ackman wants.
Pretty sad when the DOW reacts to and pins its future on a liar who swings like a weathervane. America deserves stability, honesty and someone leading the country who actually works for us, not against us.
Because he didn’t say that. He said Trump is going to do what he is going to do and somehow that turned into a 90 day pause being reported. Trump fans have such a hard on for his “success” they are just making things up at this point.
I don't know I saw a report that Reuters reported that and that's why the market spiked. But yeah until someone actually comes out with an official statement I would assume there's no pause.
Yea it’s not just Trump fans. Investors regardless of political affinity are wanting good news and will leap at it. This is that Trump derangement shit. Like yea sure he’s fucked but like come on you can be more grounded in reality about this
I think you’re focusing on the wrong part of my post. The little green that everyone got today was based on a Twitter post by a pro-Trump person who literally made up what was said.
If Americans just buy less stuff from elsewhere and start making better stuff themselves, it will also be in balance. They don't have to bother the rest of the world with their own problems.
This administration has to stop playing games with our lives. They change their minds every hour. They haven't a clue what they are doing. So many people suffering in so many ways. Many of them being children. Trump deserves Karma for so much suffering of people in our World. Pure evil.
Their stated objective (BS) is the long term goal of companies relocating to the US, but how they plan to achieve that swings wildly, on a whim, from one Fox interview to the next.
No one is making any business decision in this climate.
Because they’ve all
placed their trades for the day! Again, every single member of his cabinet and ever member of Congress should be required to make their financial transactions public.
What happens after 90 days? Does he pretend he never authorized the tariffs in the first place and it goes away, or does he reinforce them, and the market once again crashes? I'm so sick of his evil ass.
We are all pawns in his psycho retribution theater! The more harm, chaos, and destruction as he lays the groundwork for the billionaire takeover the better!
Since the syphilitic sociopath Trump began his second term, the U.S. stock market has hemorrhaged nearly $11 trillion — with an astonishing $5 trillion evaporating in just two days. The U.S. is burning, the world is spiraling, and the sociopath couldn’t care less. https://www.economist.com/finance-and-economics/2025/04/07/market-carnage-goes-global
100% pure market manipulation! You know he/his fake friends bought at the low … orange lunatic, trying to become the wealthiest person hahahaha — karma! Born a loser, always a loser 🙄
FACT: the president can ONLY enact tariffs under an emergency, then congress votes on it after 150 days.
Otherwise, congress OWNS tariffs.
Congress and @GOP - take back Tariff authority NOW or prepare for a bloodbath in the midterms. @GOP - Man up and oppose Trump for once in your cowardly lives!
And just like that it’s back in the red. Incompetence. This man’s word means nothing. NOTHING!! Why would anyone want to put money in the US economy right now? Why?
This is not a game mother fucker you are playing with peoples lives here I hope other countries say fuck you we are keeping our tariffs on and make you come begging
It all doesn’t make any sense. If he wants production back in the US, the tariffs would have to stand.
lol… I just realised I was trying to look for some sense in this clown show.
Trump is willing to crash the economy to make himself dictator for life. As the only story that matters. If CNBC isn't talking about this then who cares.
Trump is going to cancel the tariffs and make up a lie that other countries agreed to reduce their tariffs or send money or whatever just to say that his plan worked. He is incapable of admitting any mistakes.
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The government should investi----
Oh, wait.
Because you know this 90 day window will not be met.
This is exactly why we will not see domestic large scale production return. Who wants to make the massive investment when this guy is the worst combination of stupid and mercurial?
The market is the dumbest thing we've ever done
Why do people believe anything he says ?
It's a game, a sham, a special from the ultimate FLIM-FLAM man.
see? i can punish the world if i want to. now fall in line or i'll do it again.
*(Hasset said nothing of a 90 day pause)
Nothing to see here
Much needed levity
https://techcrunch.com/2025/04/07/how-one-tweet-wreaked-havoc-on-the-stock-market/
Because it sounds like that is just wishful thinking and cope.
https://bsky.app/profile/nycsouthpaw.bsky.social/post/3lma654mi6s2u
How much credibility you can give to anything from Trump's White House however, might well be debatable?
https://www.cnbc.com/2025/04/07/trump-tariffs-live-updates-stock-market-crypto.html
But you know.. Congress 🫣
Don isn't going to back down. If there is a pause, it is to give insiders time to position themselves.
Surely Trump can't be this stupid?
No one is making any business decision in this climate.
placed their trades for the day! Again, every single member of his cabinet and ever member of Congress should be required to make their financial transactions public.
A little gift to the insiders to recoup some losses???
Crook doing crook things
No more data-based methodology,
Now it’s based on Trump’s ideology.
The new way to write Tariff policy,
Is having Big Balls hack ChatGPT.
https://www.wsj.com/politics/policy/wall-street-starts-to-speak-out-against-trumps-tariffs-c747f806
Otherwise, congress OWNS tariffs.
Congress and @GOP - take back Tariff authority NOW or prepare for a bloodbath in the midterms. @GOP - Man up and oppose Trump for once in your cowardly lives!
At the very least Trump with his tariff on/off/on/off again bullshit is teetering on market manipulation.
Hassett and Bessent are both going to be "RINOs" soon enough, at least to MAGA.
Lutnick has gone full nutbar and is saying the craziest shit, so he'll endure.
lol… I just realised I was trying to look for some sense in this clown show.
MARKET MANIPULATION