Did Trump ‘Blink’, Like Schumer Says? Funny Memes Put Tariffs In Perspective
There's another explanation. And this one probably makes more sense.
Schumer thinks Dems have got Trump on the ropes over the tariffs question… do you buy it?
Not long after they first took their full effect, Trump has announced a 90 day pause on the tariffs.
Schumer thinks it’s because Trump is in over his head and that he caved to pressure from the markets and the dems.
SENATOR CHUCK SCHUMER: “Trump is now in retreat because Democrats in the Senate and the House and the American people have said STOP playing games with these tariffs. You think it’s a game! You think it’s like red light, green light! It’s not. It’s chaos! And the damage you have done already, despite today’s announcement, is permanent and real and deep.”
“You’re throwing our whole economy out of kilter. You’re telling business people and consumers to not spend because they don’t know what the heck is coming out next. What you’re doing, Donald Trump, is hurting the American people as you play games.”
“Whatever pops into your head the next hour, the next day, the next week, is what you say we’re doing with tariffs. And they constantly contradict each other, make no sense, harm the American economy, and worst of all, American families.”
Of course that’s how the party that has been spinning its wheels looking for something — anything — they can grab for traction as a political cause. They’ve already had several failed attempts. Maybe this tariffs question is the kryptonite they can finally use to take him down.
That will have to depend on what you think REALLY motivated both the tariffs, and the pause.
Love them or hate them, what cannot be ignored about Trump’s tariffs question is the fact that the entire world suddenly cares an awful lot about trade barriers between their country and the United States.
Nobody had given a sweet damn about that question for years. But suddenly, other countries are tripping over themselves to reimagine their trade relationship with Americans?
Why do they all suddenly care?
In the words of Teddy Roosevelt, Trump spoke softly, but carried a big stick. He slapped those tariffs on everyone and everything.
Now there are upward of seventy countries lined up to discuss the nature of trade with the United States.
He announced a ’90-day pause’. That gives time for the crapload of negotiation it will take to iron things out with those 70+ countries.
Everything they said about the market collapse being the worst since 2008 has been reversed. We’ve now seen the biggest rebound since 2008? Maybe even WWII? It’s a big one. If the same people who breathlessly announced the collapse aren’t saying the same thing about the rebound, that says a lot about the story they want their audience to come away with… and it isn’t the truth.
Meanhwile, China is doubling down. That triggered another slap-back from Trump.
Here’s Kevin O’Leary (“Mr. Wonderful”) explaining his reasons for thinking Trump hasn’t yet become aggressive enough with hitting China in the wallet.
And he’s saying it as someone who has business interests there that will pay a price.
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