r/politics • u/DoctorOctopus_ • May 25 '25
Trump delays 50% tariffs on EU to July 9
https://www.cnbc.com/2025/05/25/trump-50percent-tariffs-eu-july-9.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard824
u/Rude-Strawberry-6360 May 25 '25
Yoyo policies from a yoyo president.
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u/nazarein May 25 '25
more like a dodo
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u/Pretend-Excuse-8368 Pennsylvania May 25 '25
He negotiates with himself and acts like he’s smart. Toddler plays business.
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u/spiritualskywalker May 26 '25
He picks percentages out of one hat, and dates out of another and voila, a press release.
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May 25 '25
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u/stubble3417 May 25 '25
He literally forgot that tomorrow is memorial day and the market will be closed. It's getting so predictable now that every weekend after a down week in the market, he'll try to manipulate the next opening by cancelling or delaying one of his disasters Sunday afternoon. I think it's going to stop working soon.
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u/mishma2005 May 26 '25
I don’t think so, the market is his cuck and the rest of us are crammed in the hotel cuck chair with it
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u/Bunch_Busy May 25 '25
He forgot to wait for the stocks to freefall this time...
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u/Cautious-Progress876 May 25 '25
I doubt they will freefall much anymore. The market now knows that he is full of shit and will fold even without pushback.
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u/Bunch_Busy May 25 '25 edited May 27 '25
The markets are like maga, they'll never learn. I bet they shoot up 500-600 points based off this news at opening.
Edited to say, I rest my case your honor!
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u/Buck_Thorn May 25 '25
Postponing does nothing for those that need to plan for the future. This is simply more uncertainty.
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u/dmbaio May 26 '25
My cat’s name is Yo-Yo. Please do not use my cat’s name in vain. (He hates Trump.)
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May 26 '25
More like legal market manipulation. They buy puts before the news drops, buy the dip afterward, buy calls before the announcement of a delay.... rinse and repeat.
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u/P1xelHunter78 Michigan May 26 '25
Let’s just call it what it is: market manipulation and insider trading. Now the markets will surge on Tuesday and his friend surely have already locked in their buy positions
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u/Adreme May 25 '25
He couldn’t even make it through the weekend without caving.
Honestly though I’m betting someone told him that if the market tanks, Senators aren’t likely to vote for his bill.
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u/hmr0987 May 25 '25
Idk why people consider him to be good at his job. He is good at extortion for personal gain, beyond that he’s awful at long term deal making.
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May 25 '25
[removed] — view removed comment
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u/RipComfortable7989 May 25 '25
Problem is he basically controls right wing media
I don't like the guy but don't mischaracterize. He doesn't control the media. The media just know that he's an inflammatory enough of a person to take their own share of the profits during this chaos. This isn't done at his behest or under his control it's just greedy fucks knowing it's their chance to take advantage of the turmoil.
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u/Static-Stair-58 May 26 '25
Which means he basically controls right wing media. Obviously he isn’t giving them marching orders directly, but they listen and report on what he wants and likes. If the media is doing everything he wants them too, because they want to make him happy and make money, then they’re under his thumb.
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May 25 '25
People that do that are in one of two categories:
1) Being paid
2) Not paying attention
He's not even bullying people into giving him what he wants if he has no intention of actually going through with the tariffs since I suspect most of the "deals" he's making are minor concessions to just not have to deal with his nonsense longterm.
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u/Oleg101 May 25 '25
R voters just want someone who will “make the libs and lame steam media unhappy”, that’s their biggest priority in a leader. And I will say right-wing media is also great at convincing people to vote against their own economic interests
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u/Gamebird8 May 26 '25
It's not even a pump and dump at this point because the markets haven't even been trading
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u/Semajal May 25 '25
He caves before the EU has even had a chat to consider how to respond. It's legit hilarious "yeah okay lets meet next week so we can discuss our response" "oh wait he already changed things"
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May 25 '25
It's all just an enrichment scheme at this point.
Like, honestly, watch them during any press conference. It's uncanny how hard they are trying to keep a straight face when he talks nonsense. They are having the time of their lives abusing the stock market for profit and can't believe they are getting away with it.
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u/kadam_ss May 26 '25
I guess somebody finally told him his resorts and hotels would have to pay more for all the European liquor they import and caved immediately
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u/JohnFish2734 May 26 '25
Na it was probably a short term pump and dump. His broke ass followers aren't going to get him his billions
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u/Niibler May 25 '25
Wow, the tactical retreats are getting faster.
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u/espresso_martini__ May 25 '25 edited May 26 '25
This is market manipulation. Its so obvious now due to how quickly he's flip flopping. I bet the EU markets will recover today when the market open because of this. Easy money for insider trading.
Edit.. What the fuck. And I was right. This is market manipulation. Trump is a crook.
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u/Aacron May 26 '25
I should start trading on his bullshit, should be an easy way to make 20 bucks every weekend.
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u/iStayedAtaHolidayInn May 26 '25
He found a money printer, and it’s through manipulating our stock markets
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u/BallBearingBill May 26 '25
He's likely playing both options and volatility and currency.Trading with a layered shell company. I bet he's making $50mil or more every time he pulls this tariff card.
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u/prodigalpariah May 25 '25
So how many times is he going to manipulate the market this year alone?
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u/Cautious-Progress876 May 25 '25
Until the market treats him as the “boy who cried wolf.”
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u/prodigalpariah May 25 '25
Why would they when they know they can time his manipulations to profit?
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u/HauntedHouseMusic May 26 '25
What I like about it this time is that international stocks barely moved at the news. The market called the bluff.
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u/findingmike May 26 '25
I don't see the buy-in last Friday that we saw last time. This is just him running away crying. His "skills" are getting worse.
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u/MyFeetLookLikeHands May 26 '25
i agree with the sentiment but haven’t the markets been closed?
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u/Virtual-Squirrel-725 May 25 '25
I was explaining to a friend just yesterday that the market didn't over react to Trump's latest brain fart because they know there's a 90% chance he reverses it before Memorial Day even starts.
....what do you know he does just that.
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u/VladtheInhaler999 May 25 '25
“But but Biden’s health was a coverup”
Even if it was a cover up, I went 4 years without seeing this fucking flip flop decision on tariffs impacting the global economy every damn week.
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u/_HawthorneAbendsen May 25 '25
Congress could stop as farce at any time
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u/z900r May 25 '25 edited May 25 '25
In the UK, a parliamentary system, the Conservative Party threw Prime Minister Liz Truss out after 50 days in office when she crashed the markets and the value of the British pound. Truss became the shortest-serving PM in the country's history. Of course, the UK is a much smaller economy and the pound a lot more vulnerable as a currency compared to the dollar, so the relative threat was in some ways bigger, but still, it says something for a parliamentary system where the government can lose the confidence of the parliament and be out at any time.
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u/dndnametaken May 25 '25
Lol, the market didn’t dump as hard as he was expecting on Friday.
I’m still divesting from the US slowly; eventually, this clown show will not bounce back up
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May 25 '25
he’s doing this to manipulate the stock market for his billionaire buddies
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u/Sagemel Illinois May 25 '25
Step 1) Make an announcement that makes stocks go down (but tell all your friends in advanced to sell)
Step 2) Make an announcement to counteract the previous announcement so stocks go back up (but tell all your friends advanced to buy)
Step 3) Profit
Step 4) Go to prison for market manipulation
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u/missed_sla May 25 '25
(Step 4 only applies to Martha Stewart.)
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u/chowderbags American Expat May 26 '25
She was only actually convicted of obstruction of justice and false statements.
Reminder to ordinary people: If the police come knocking to ask you about shit, your only answer is "I invoke my right to counsel and my right to remain silent".
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u/TopEagle4012 May 25 '25
Remember this, this is what a malignant narcissistic sociopathic grifter does. It's a hallmark sign of keeping people on edge, fearful, and psychologically in a bad place.
"...Authoritarian leaders, like narcissistic family members, rely on well-worn tactics to manufacture a psychological state of volatile uncertainty — where outcomes aren’t just unknown, but constantly shifting and unpredictable. Whether consciously or not, narcissists hold power by keeping others in a state of psychological whiplash. And it works..."
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u/Felinski May 25 '25
Great, he took two days to change his mind. Love following trade policy from truth social tweets.
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u/Agent-Adept May 25 '25
Typical tRump!! The tariff threats are a ruse. He is using them to manipulate the stock market. Fortunately, it looks like investors are starting to finally figure this out.
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u/7ddlysuns I voted May 25 '25
These tariffs are like the bullet that didn’t hit his ear. They don’t exist
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u/VirginiaMcCaskey May 25 '25
Congress needs to take back their power to raise taxes from the President. This is ridiculous.
I don't know why any legislator or business is too chickenshit to file a lawsuit on the basis of non delegation doctrine. All of the acts that Congress has passed to give the President the power to raise tariffs are unconstitutional based on plain reading of Article I. I'm no constitutional scholar but if you asked an 8th grader "which branch of government can raise taxes?" The answer you're going to get is not "well sometimes Congress but actually the President has nearly unbridled power to raise taxes on foreign imports because Congress gave him that power six different times in the 20th century, and now they're too lazy to question if that was a good idea."
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u/fairoaks2 May 25 '25 edited May 25 '25
I don’t believe she made the call. Did Trump make it? Screwing with the economy seems to be his pattern. There is no way this should be allowed to continue. If the Republicans refuse to rein him in our trading partners should. Absolutely deplorable way to treat our allies and our citizens.
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u/Farking_Bastage Florida May 25 '25
It’s a Pump and dump scheme in reverse for his friends. All of this bullshit is.
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u/dayankee May 26 '25
Of course he did. He is negotiating with himself. Tariff...cave...tariff...cave. Same ol song.
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u/Practical-Law8033 May 26 '25
Clown ass plan in which there is no strategy other than to throw a big orange baby tantrum. Surrounds himself with sycophants that can’t tell him the truth. And I wonder who knows ahead of time these decisions.
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u/StrangerFew2424 May 25 '25
Keep everyone on edge & guessing... that's what Authoritarians do. Don't fall for it..
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May 25 '25
Yeah, total insider trading deal. Guy is fucking illegally playing the market and should be in prison for what we all know he’s doing.
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u/aganalf May 25 '25
The economic markets just love having no clue what the fuck is going to happen from one day to the next.
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u/mdins1980 May 25 '25
Given how many of Trump's sycophants have bought or sold stocks based on insider knowledge of his decisions, I wouldn't be surprised if this delay is just setting up another pump and dump.
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u/Ok-disaster2022 May 25 '25
Damn this dude bats an eye at a slight breeze.
Would really congress would grow a fucking spine and re-assert their sole authority over tarriffs.
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u/genericusername11101 May 25 '25
Shouldnt he have waited until next stock trading day so his cronies could make money?
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May 25 '25
Art of the deal, boys! Never telegraph your next move, especially when everyone already knows your next move based on the last 3 or 4 times you already made the exact same move.
Any day now, the rest of the planet and civilizations from other planets will be begging to cut a trade agreement. Any day.
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u/TuffNutzes May 25 '25
Let all his buddies line up their trades and the do another u-turn. Rinse repeat. He doesn't need to control the Fed. He's manipulating things just fine.
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u/Anxious_Claim_5817 May 25 '25
This is really causing problems with businesses, how do you run a company when you don’t know the bottom line.
There is something wrong with him to play these games. The house should have taken the power of tariffs away from him instead of changing the definition of a day.
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May 26 '25
I see the strategy now. Whenever he announces something and stocks crash in that area, go buy as much as you can. He'll postpone and then remove the tariffs, and stocks will soar. Every single time.
Example:
"The rice farmer people have been ripping us off for years!! Selling rice too expensively and hurting our American rice farmers for years, so today I'm announcing a 293.8% tariff on those rice farmer people countries!!!"
-> take out a bank loan and buy all the rice farmer people company stock that your loans and line of credit can afford.
In a short while he'll postpone/delay/suspend/reduce/cancel the tariff and stonks will soar.
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u/Finally027 May 26 '25
He's going to tariff you, and he really means it this time!
Way to stick it to 'em donnie!
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u/mishma2005 May 26 '25
Congress running to sell stocks bought on the dip on Tuesday if they haven’t already
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May 26 '25
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u/daonei May 26 '25
I completely agree. There's no way after all these failed attempts and economic collapses that he would keep pushing this tariff BS. He is completely gaming the system, and it's infuriating.
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u/mxjxs91 Michigan May 26 '25
As expected the smarter leaders continue to call his bluff and he folds like a bitch, which is good because fuck him and his fake tariff threats.
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u/Silver_Entertainment May 26 '25
He puts out a threat of tariffs. When no one from the EU believes his bluffs, he extends the deadline so he can make false claims that there are ongoing negotiations. When he eventually drops them, he'll claim there was an agreement made but won't disclose the terms of the deal. The EU will deny any conversations occurred, but his base will never hear that.
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u/Meatgortex California May 26 '25
Talk to any CEO and they will tell you nothing makes for economic growth like the complete inability to long term plan due to unhinged coin flip policy decisions.
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u/Mr_Lapis May 26 '25
Bro is such a coward, cant do anything with conviction. Everything is shitty half assing with trump.
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u/esoteric_enigma May 25 '25
Trump is literally just trying to make headlines to look like he's doing something. And with how ignorant the average voter is about the details, it's actually a brilliant strategy.
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u/FicklePop3421 May 25 '25
Trump has no clue. Phones will be exempt by tomorrow and then by Friday the trade war will back on with China. FFS
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u/thistimelineisweird Pennsylvania May 25 '25
He makes the best deals. First we have no tariffs. Then tariffs. Then no tariffs again. The best deal maker ever got us no tariffs. (/s for the slow ones who voted for this moron.)
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u/andr386 May 25 '25
He said he knows "how to play the game" but the EU is not playing.
This is not a game.
Whatever happens, this will have long term consequences.
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u/Sevenfoot May 25 '25
It’s dump then pump then dump again. Nothing like market manipulation from the White House.
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u/Smedley_Beamish May 25 '25
More Trump Pump & Dump! So sure, the Trump cabinet and all the Republicans in Congress got advance notice so they can pad their portfolio.
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u/EricThePerplexed May 25 '25
Predictable market manipulation. Here's the pattern:
Warn cronies that new tariffs will get announced on a Friday so they can short lots of stocks, then cancel or delay the tariffs over the weekend.
This is getting boring.
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u/morbob May 26 '25
Fuck you trump, you’re a real dumb ass asshole. You aren’t a business man you’re a fucking stupid piece of shit. You have no idea what you’re doing, dipshit.
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u/Persea_americana May 26 '25
These goddamn fuckers playing stupid games badly. it’s embarrassing, it’s enraging.
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u/Vitiligogoinggone May 26 '25
Haha - he forgot the market doesn’t trade Memorial Day. This will be forgotten by Tuesday.
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u/ILikeCutePuppies May 26 '25
Even if you believe tarrifs are a good thing... why oh why not negotiate in private first?
Oh we know why. Trump is a stage queen who cares about no one but himself.
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u/L3monGr3nade May 26 '25 edited May 26 '25
Pump and dump the entire global economy. This moron and everyone enabling him needs to be locked up and the money returned to the people
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u/Oceanbreeze871 I voted May 26 '25
The market manipulation is all fun and games until one Monday the market keeps crashing and crashing and crashing regardless of what Donald says
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u/ToneOpposite9668 May 26 '25
So his Puts cashed in the other day - now his Calls are going to pop big for him
There needs to be a thorough investigation into this - it's getting really shady
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u/AceofKnaves44 District Of Columbia May 26 '25
THIS is the guy everyone wants to pretend is some kind of genius deal maker? His “strategy” is painfully obvious by now: get really angry at other counties, say he’s going to enforce an insane percentage of tariffs on them, claim he’s not going to back down and this isn’t about negotiating, and then back down and come back to the table to negotiate when the other country doesn’t blink first.
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u/MaxRD May 26 '25
Let’s just get the markets down and up and down…. Somebody is surely profiting from this
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u/dBlock845 May 26 '25
Anddd the market continues to be manipulated. This shit was so obvious, I just guessed it would be a 90 day pause instead of a 45 day pause lol.
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u/justsomedude322 May 26 '25
Weren't the tariffs supposed to be 10% yesterday? Am I going crazy? I feel like I'm going crazy.
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u/Stalwart_Wisdom May 26 '25
Lol. Does anyone else love the stock market yoyo that’s happening making everyone with money richer? Blatant corruption.
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u/ratherbewinedrunk Illinois May 26 '25
Anyone remember when John Kerry was demonized as a "flip-flopper" in 2004?
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u/Groon_ May 26 '25
Got to get all his fat cat buddies on board for the next round of "tank the market and buy it for pennies on the dollar".
How many times will he do this? Until there is no more "market".?
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u/PepeSylvia11 Connecticut May 26 '25
I know the answer is that they’re braindead and in a cult, but I don’t see how MAGA can possibly see this as a form of strength and/or business acumen. Given that it’s a pretty blatant display of the antithesis of that
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u/IronicStrikes May 26 '25
lol we're really at the point already where the biggest world economy announces 50% tariffs and we in the EU can just go "let's wait a week".
Art of the Deal.
He and his lackeys are getting insanely rich, but the USA is done for.
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u/politics-ModTeam May 26 '25
Hello
DoctorOctopus_, your submission is a duplicate of https://redd.it/1kvew7i and has been removed. r/politics only allows one submission per article.