So this wasn't an insider trading deal, right? Announce tariffs, buy the dip, back off tariffs? I mean, that would be both the best-case, and an indication of how mad this is bsky.app/profile/chad... - ThreadSky

brucearthur.bsky.social • 4 days ago

So this wasn't an insider trading deal, right? Announce tariffs, buy the dip, back off tariffs? I mean, that would be both the best-case, and an indication of how mad this is https://bsky.app/profile/chadbourn.bsky.social/post/3ljlfx3o3sk2g

Reposted from Mark Chadbourn

US Commerce Secretary Howard Lutnick says Trump may roll back the Canadian and Mexican tariffs tomorrow.

The chaos is the point.

Comments

tkb24.bsky.social•4 days ago

Haha, totally a cash grab.

jtp2106.me•4 days ago

What I think really happened was they watched the markets tank all day after their stupid comments in the morning and got on FBN to try to blunt the damage. Happened all the time before

johnnyehm.bsky.social•4 days ago

Just the uncertainty is already hurting us badly.

jasonvantaco.bsky.social•4 days ago

The only other thing I can think of is his rich donors were turning on him.

In any case, trust is irrevocably destroyed.

wieble.bsky.social•4 days ago

Chaos, cruelty and grift is always the point.

iananana.bsky.social•4 days ago

travisfigures.bsky.social•4 days ago

He is chaos.

Market manipulation is virtually the only rational explanation.
Otherwise it's pure madness for no purpose... dementia.

timabray.bsky.social•4 days ago

100%. This is shaking the machine until ALL the quarters fall out. Someone call security.

chrishill.bsky.social•4 days ago

Security is in on the grift

garandall.bsky.social•4 days ago

It's either that, or they didn't actually realize the legal recourse the USMCA gives Can/Mex, or Trump is doing that thing he does where he just throws whatever idea pops into his head out into the world and sees how it plays out.

bluecabazon.bsky.social•3 days ago

Somehow I doubt Canada or Mexico will fall for this bullshit and keep their tariffs on and add more and more and more!

beerforbreakfast.bsky.social•4 days ago

We should keep up the tariffs and boycotts, and increase export prices by 5% yearly (the frog thing).
Pummel the arrogant dumbass Yanks into submission.

natnewscot.bsky.social•3 days ago

That's what it's beginning to look like. If so, it may have made some quick cash for some folks but the U.S. and Canada relationship will NEVER be the same. That ship has sailed.

permosia.bsky.social•4 days ago

Yes, chaos, drama, emotional upset. It's oxygen.

cpi.bsky.social•4 days ago

I love the idea of burning the entire nations' international good will for the sake of a day stock market fraud.
Commemorate it with a line of NFTs!

orange-arid.bsky.social•4 days ago

This is what I said to my dentist today. Market manipulation.
His dumbass son literally posted “buy the dips” on Twitter last week.

wallykibler.bsky.social•4 days ago

PNG the American ambassador

citytechie.bsky.social•4 days ago

The federal government needs to make it clear that our retaliation will last a minimum of a month. And each time afterwards it will last twice as long.

noelblampied.bsky.social•4 days ago

Exactly, unfortunately I doubt we will.

randchange.bsky.social•4 days ago

The SEC could investigate but I think all they have left is cleaning staff and a pocket calculator.

broccoli2000.bsky.social•4 days ago

Fun fact - insider trading is legal for elected officials in the US fed.

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