TL;DR
Trump claims he’s reluctant to increase already crippling tariffs while simultaneously alleging China is desperately seeking a deal. Believe none of what you hear and half of what you see.
Story
Trump’s Tariff Tango: A Cynic’s Guide
Trump claims reluctance to raise tariffs further than 245% because it might “stall trade.” This is like saying you’re reluctant to punch yourself in the face again because it might hurt. The damage is already done.
He also insists China is begging for a deal, a story contradicted by…well, everyone else. It’s like the Nigerian prince scam, but on a global scale. ‣ Nigerian prince scam: A type of advance-fee fraud where the scammer promises a large sum of money in exchange for a small upfront payment. Is anyone really falling for this?
This isn’t new. Trump has flip-flopped on trade wars more times than a politician on election day. Friday’s peace offering? Gone by Sunday. ‣ Flip-flop: Changing one’s opinion or position, often suddenly. Remember the 2018 trade war? ‣ 2018 trade war: A period of escalating tariffs and trade restrictions between the U.S. and China. Same song and dance. The market reacts, people lose money, and the rich get richer.
Is it a lie? Is it delusion? Or is it a calculated distraction from something worse brewing beneath the surface? Like Enron hiding its debt, maybe this trade war is a smokescreen. ‣ Enron: An energy company that collapsed in 2001 due to widespread accounting fraud.
History doesn’t repeat, but it often rhymes. We’ve seen this greed-fueled chaos before. From the Dutch tulip mania to the dot-com bubble, it always ends the same way: with a crash.
Don’t get caught holding the bag.
Advice
Ignore the political theatre and focus on your own financial security. Diversify, invest wisely, and don’t trust anyone who promises easy money—especially politicians.
Source
https://www.reddit.com/r/stocks/comments/1k1pan2/us_says_they_are_reluctant_to_raise_chinese/