Summary
Donald Trump abruptly reversed his tariff policy Wednesday, announcing a return to a 10% baseline tariff on most countries and a steep 125% rate on China.
His administration appeared blindsided, with Treasury Secretary Scott Bessent unable to explain the move and press secretary Karoline Leavitt resorting to combative rhetoric.
The shift likely responds to mounting criticism from conservative allies and market instability marked by a debt sell-off.
Despite confusion and lack of clarity, officials tried to play up Trump’s unpredictability as strategic leverage rather than a sign of disarray.
That’s literally all Trump’s teams ever do and have ever done.
Its a sign for all possible investors to flee the US. You’ll never get your money back when its eaten on the whims of an octagarian pants-shitter.
I just heard NPR, a more consistent and reliable source, state that the US would be one of the worst off GDP wise if the tariffs were to stick. Volatility is the goal right now. They’re pumping and dumping and also trying to distract from all the civil and human rights violations.