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Trump is losing his foolish trade war. This will cost ordinary Americans greatly
(www.theguardian.com)
this post was submitted on 17 Aug 2025
272 points (98.9% liked)
politics
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Trump isn't engaging in a trade war, he's shaking the market so he and his goons can buy low and sell high predictably and frequently, at the cost of our savings being made increasingly worthless.
The only 'trade' happening is insider trading.
I really hate how we still give him the village idiot pass every single time he damages our country. He isn't trying to do good and blundering his way into failure, he's trying to do harm to us while enriching himself.
You are so right. My most downvoted comment on Piefed ever was about how Trump might be doing something out of pure greed instead of just stupidity, and I was called a "moron" for thinking that Trump was capable of something other than imbecility.
He is the very personification of greed. And tariffs give him a perfect vehicle to screw everyone over so he can make money whenever he wants. We say, TACO, he chickened out. He still makes money on the announcement of a change in tariffs. In fact he makes money when he announces AND when he withdraws the change.
Sounds like they are the morons. Trump is perfectly capable of being led around by the nose. In fact, I suspect that is the only thing he's capable of now.
How many times has he tanked some part of the marked and then chickened out and let the market rebound? I cannot believe this has been just his toddler-like thrashing around. There is just no way that some people aren't making enormous profits on this.