Summary
Donald Trump defended his sweeping new tariffs—including a 104% levy on Chinese goods—despite market turmoil and a historic sell-off in U.S. Treasuries.
Speaking to Republicans, he claimed manufacturing is returning to the U.S., repeating, “I know what the hell I’m doing.”
China responded with an 84% tariff on U.S. goods, intensifying a trade war that tanked global markets.
The S&P 500 nears bear territory, and JPMorgan raised global recession odds to 60%. Critics warn of inflation, declining investor confidence, and deepening economic instability.
The trump regime was designed to TANK the US economy so that stocks, businesses, and industries can be bought by billionaires at rock bottom prices.
All is going according to plan.
Don’t forget that when it crashes, they’ll get to try to rebuild the system so that it’s more stable for the capitalist class and workers have fewer rights and options.