To anyone who thought Donald Trump was gonna reverse his stance on this pointless trade war, Howard Lutnick says otherwise:
"I don't think there's any chance that President Trump is gonna back off his tariffs."
"I don't think there's any chance that President Trump is gonna back off his tariffs."
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Lutnick is just trying to get more out of shorting the market.
Meanwhile, short term pain means our 401 tanks and literally everything costs more for the working class.
I used to be such an Americaphile—loved my five eyes brothers and sisters—and it pained me to accept what's happened. But I can say now, without feeling bad: America can't be trusted. The damage is done.