Loading ...I wish I knew the answers to some of those questions. It sounds to me like the 10% tariff hikes across the board are locked in. Now that 75 countries (so they say) have decided to come to the table, they will negotiate tariffs with them on an individual basis.
I think the idea was to isolate China and get them to come to the table. Which they have to do. They depend on exports, without them, they’re in deep economic trouble, the bulk of those exports come to us. I have no idea what happens if they dig in, but they are in a serious deflation right now, and XI is not as strong as he was even a few years ago. Divide and conquer?
Here’s what I found interesting. Adam Schiff, the Senator from CA. immediately came out after the SM rally today and demanded an investigation into the White House having leaked the 90 day pause to market participants, causing such a monster rally. I believe Schiff is from the Schiff banking family of old. Being part of the Globalist banking cabal, I believe he and his cronies have been responsible for trying to take markets down. It was a given the Globalists would do this to Trump. I’m wondering if Schiff, Soros, & Co. got caught tits short and took a monster beating today. Something they are not used to doing. Schiff, like all Democrats are famous for accusing others of what they themselves are doing.
They may have been lured into a bear trap.
This is a war that’s being fought on many different fronts. Markets are surely part of the game. Bessent is an old Soros hedge fund guy. Luttnick was CEO of Cantor-Fitzgerald, whose company just happened to lose the bulk of his people on 9/11. Apparently, Cantor employees weren’t given the memo like some others were about the timing of 9/11.
There’s a lot we don’t know.