Justin Wolfers explains the REAL reason why Trump & Bessent said today that their first deal will likely be with South Korea - because that country has had zero tariffs on virtually everything from the US for 20 years already.
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So Trump won’t be able to get a concessions from South Korea. A perfect scenario for him - like what he’s trying to pull off in Ukraine. Just surrender, get nothing in return, declare victory and start working on your acceptance speech for the Nobel Peace Prize.
In other news Donald Trump has invented a round, rubber, air-filled device which could be used under metallic cabins to propel them forward or backward. He is planning to call them "WHEELS". This could be the most significant discovery since Trump discovered groceries.
Do you suppose that's why he put tariffs on Heard Island? So that he could try to make it look like he scored a great deal with them; but, didn't expect that anyone would point out that no humans live there?
Thank God. Please let me be selfish for a minute. I’m an old lady and I do love the cosmetic products coming out of South Korea. I mean, I can’t afford Botox, but I can afford that shit out of South Korea. Give me a little break.🤪🤪
So what's the problem? Yup, 🍊💩 is a fking moron. I just wish the rest of the country isn't as stupid as 🍊💩 is! He's the man made chaos full of facade & bluster! 🤬
In other words, trump is finding out how competent the government has bn on trade all along. This wasn’t built in 100 days, we’ve bn working on it for 250 years and he’s destroying it in 100 days. Reality bout to meet him. We all will pay in the meantime for this experiment with no plan.
Zero tariffs means that the shithead fraud can use South Korea as the mark for his next market manipulation, claim he's going to hit them with tariffs, wait for the market to respond, and then reverse the b.s. and then benefit from it! 👀
And I bet a million dollars SK *still* won't sign any deal in Trump's 90 days just to deny him and show they can't be bullied. Doesn't matter if it's exactly what was in place 4 months ago. He will get zero deals from significant trade nations in 90 days.
89 to go. I am not mad at S Korea, but dang. If it took this long with S Korea, fuggeddahboutit with many of the others. Unless they get better deals than they would have if DonOld had just kept his yapper shut.
This is the real issue. I think Republican voters are stupid, but nobody believes Republican voters are as stupid as the politicians seeking their votes believe them to be.
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Imagine inheriting $400 million in 1980s USD and going bankrupt multiple times
Crackheads with a gambling habit probably would have done better
Non-Brain Damaged People: "Like what?"
Trump: "You know... like... barrier stuff"
#TrumpsTariffs
It seems really odd to me that there has been zero evidence of his deals for a month yet somehow hedge fund managers know right when to buy.
And the more you learn about them, the less sense they make.
It's the same here.
Like I really fucking hate them😂
Now tell us how you really feel. 🤣
Please? That's a serious question. 😕
He’s so f🤬king stupid.