There is plenty of retarded stuff Trump does to shit on him over (the stuff in the OP included), but this is just leftoid-tier criticism. Tariffs have already been raised across the board. Just because he is repeatedly using threats of even higher tariffs as a negotiating tactic, doesn't mean it's for insider trading. Anyone who believes tariffs are good should appreciate the net positve of all the trade commotion this year. And if you don't believe in tariffs and think there should be zero barrier to goods made by slaves in the third world, that's a different conversation entirely. The more understandable criticism would be he should go harder and raise them even more on certain countries, but the counterpoint to that would be that gradual bumps are less of a shock.
I made out like a bandit earlier this year because I saw through his negotiating tactics and all the media panic over tariffs and invested accordingly. I can attest to you that I am not in Trump's inner circle, but I've certainly been accused of being weirder things on this board...
Tariffs are only beneficial if they're in place long enough and stable enough to build up industry, otherwise the consumer is just getting indirectly taxed for things that have no domestic alternative
For certain things, absolutely. But for most products, it isn't like there are absolutely no American options, they are just being undercut by cheap foreign shit. But I definitely agree that the lion's share of benefit from tariffs are mid to long term, and I think it is unlikely much of that benefit would be realized before someone comes along and undoes them.
He’s not beating the allegations.
They are a cancer on our nation.
At least he's putting tariffs on countries so his inner circle can make a lot of profit on insider trading before he withdraws them again.
There is plenty of retarded stuff Trump does to shit on him over (the stuff in the OP included), but this is just leftoid-tier criticism. Tariffs have already been raised across the board. Just because he is repeatedly using threats of even higher tariffs as a negotiating tactic, doesn't mean it's for insider trading. Anyone who believes tariffs are good should appreciate the net positve of all the trade commotion this year. And if you don't believe in tariffs and think there should be zero barrier to goods made by slaves in the third world, that's a different conversation entirely. The more understandable criticism would be he should go harder and raise them even more on certain countries, but the counterpoint to that would be that gradual bumps are less of a shock.
I made out like a bandit earlier this year because I saw through his negotiating tactics and all the media panic over tariffs and invested accordingly. I can attest to you that I am not in Trump's inner circle, but I've certainly been accused of being weirder things on this board...
Tariffs are only beneficial if they're in place long enough and stable enough to build up industry, otherwise the consumer is just getting indirectly taxed for things that have no domestic alternative
For certain things, absolutely. But for most products, it isn't like there are absolutely no American options, they are just being undercut by cheap foreign shit. But I definitely agree that the lion's share of benefit from tariffs are mid to long term, and I think it is unlikely much of that benefit would be realized before someone comes along and undoes them.