How do the tariffs benefit Trump?

[SARose]

I’ve been thinking about this since last night. Trump never does anything that doesn’t benefit him.

Bitcoin

Weak dollar

Coffee commodities 😂

What do you think?

[Klarkashton]

1. It's justification for the tax cuts.

Vance was boasting about this.

[sop]

6. Exactly

"Trump—largely supported by Republican lawmakers who control the U.S. Senate and House of Representatives—wants to use increased tariff revenue to finance tax cuts that analysts say would disproportionately benefit the wealthy. Specifically, they want to extend tax cuts passed in Trump’s first term and largely set to expire at the end of 2025. The Tax Foundation, a nonpartisan think tank in Washington, has found that extending Trump’s tax cuts would reduce federal revenue by $4.5 trillion from 2025 to 2034. Trump wants higher tariffs to help offset the lower tax collections."

[SARose]

12. I think you are on to part of it.

I think you are correct. The tax cuts are for the next 10 years, right?

Are the tariffs in place for the next 10 years?

So basically, he doesn’t give a rats a$$ about our economy once he leaves office. That I understand.

[BigmanPigman]

2. Putin

tRump is his puppet.

[Irish_Dem]

3. Putin loves the destruction of the US.

Trump is also shorting the market with all the announcements.
He and his family get very rich.

[SARose]

13. I wondered about someone shorting

I watched the opening bell and you could see the algorithms working about the first 5-10 minutes. One step forward and two steps backwards.

Jared - was that you?

[The Roux Comes First]

4. A Very Appropriate Lens

None of this shit is lacking in self-interest. Or "anti-empathy," to coin a term.

[Emile]

5. All Trump has ever known is bankruptcy. He

is destroying the United States for Putin.

[SARose]

14. Right

Who else couldn’t make money with a casino? Probably money laundered a little too much?

I think you have part of the answer - Putin. I believe ole pootie has something much worse than the pee tape on Trump.

[Justice matters.]

37. What he has is probably related to a ton load of money he "borrowed"

and didn't "report" on any tax declaration, and the promise is he can keep it if he does what he is told...

[FalloutShelter]

7. He and his orcs have shorted the market.

They will clean up on the way down and then buy the bottom.

Pump and dump. If the market recovers they make money again. If not… they are already rich and now we are all serfs.

JMHO

[SARose]

15. And if the market goes way up

ole Trumpy goes on TV bragging about the greatest, mostest beautifulest turnaround in history! Never before seen by anyone. Sir, I think you are a genius!


It will be hugggeeee! Plus so many countries and companies will bend the knee and kiss the ring.

🤢

[brush]

8. He thinks they benefit him, but how many times do we have to be reminded...

he's a poor businessman who doesn't know what the fuck he's doing. He went bankrupt several time runing casinos.

See the stock market tanking. Watch the rest of the world set retaliatory tarrifs.

Watch inflation go up as prices soar.

Wacth consumers learn tariffs are a tax on them/us.

Layoffs have already started on top of Musk's firings, and a recession will follow.

He and Monk have dismantled FEMA even though recent hurricane damage in several states hasn't been repaired, and yesterday's tornado storms has created even more damage...no FEMA.


Again, he's a poor businessman, has always been, and doesn't know what the fuck he's doing.

And btw, Russia wasn't hit whi his tariffs. The fucker is a Russian asset who does things that help Russia.

[SARose]

16. Your thoughts are all true

Adding to your list he responds emotionally to adversity. He doesn’t consider the consequences of his actions because

I didn’t sign that

No one told me

I never met her

I truly believe the man is one of the Pan man’s Lost Boys.

[brush]

23. Yes, there is the lying, the anti-Dei and white supremacy...

Familiarize me with the pan man's lost boys?

I know of that phrase from wars on the African continent where teen age soldiers were weaponized and loosed on opposing forces...armed teenage boys who of course know nothing of consequences and responsibility for mass murder.

[SARose]

24. Peter Pan

Is the Pan Man! That phrase comes from the movie Hook with Robin Williams.

The lost boys

The Lost Boys are characters from J. M. Barrie's 1904 play Peter Pan, or The Boy Who Wouldn't Grow Up and later adaptations and extensions to the story.[1] They are boys "who fall out of their prams when the nurse is looking the other way and if they are not claimed in seven days, they are sent far away to Neverland," where Peter Pan is their captain.[2]

From Wikipedia.

[brush]

27. Thanks. Of course, Peter Pan the boy who refused to grow up.

For some reason I thought you were referring to a more recent phenomenon.

[Ocelot II]

9. Trump is short-sighted, stupid, and frequently irrational and prone to magical thinking.

Of course he and his family and his minions can benefit financially in the short term by shorting the market, but that won't hold up in the long term if there's a global recession. Trump probably really thinks tariffs are a money-maker that will offset huge tax cuts and everything will be peachy and he will be admired by everyone. And it really, really tickles his willie that he's able to inflict economic pain on other countries that have refused to knuckle under to his demands. Denmark won't sell Greenland? OK, I'll screw the entire EU with crushing tariffs. Canada doesn't want to become the 51st state? OK, big tariffs for you! Fuck all you little countries, I win!

[SARose]

18. Magical thinking

I like that!

He did it to Maine recently-no newborn enrollment in SS for you! Gotta drive 50 miles to the last SS office open. Yeah, had to back down there didn’t he?

[ProfessorGAC]

30. Agreed

I posted similarly in a different thread.
The belief in this magical approach is his ticket to Rushmore, in his head.
And, his simpleton advisors who wouldn't be powerful if they hadn't rolled dice & gotten lucky are insistent are imposing their 2 dimensional view of economics on the world.

[Johonny]

10. His cult loves authoritarianism

And Tariffs sound tough. The idea that any grand scheme is behind this, is super optimistic. This is a madman with no long term plans just riffing on the idea somehow his cult will love it and his propaganda media will cover his ass.

[SARose]

19. My husband said this morning

He doubts half or more of America doesn’t know the stock market is tanking.

They also forget about their 401ks.

[Johonny]

22. Probably true

38 % of Americans own no stocks. My wife has no idea what the market is doing day to day.

[Sanity Claws]

11. Protection racket like the mob

He will agree to lift the onerous tariffs if you pay him in some way to be negotiated.

[SARose]

20. Kiss the ring

Kiss my @#$!

😜

[thomski64]

29. ..also, he knows when he will..

...."pause" his bullshit tariffs, then buy back low when the markets rebound..

[Mordred]

17. Ego another large factor

Besides the reasons mentioned above, do not underestimate the ego factor at play here.

Trump pathologically craves attention and loves to disrupt conditions to achieve it. Upsetting international trade across the globe will realize in the ultimate ego-stroke for Trump with most countries tripping over themselves to appease and assuage him. Nothing satisfies Trump more than media spotlight accompanied by brazen supplication and worship.

The aftermath of his "Liberation Day" could be the greatest time of his life.

[SARose]

21. I agree

He reminds me of a two year old. He doesn’t care if the attention is good or bad as long as he is the center of attention.

So mature!

[JCMach1]

25. Autarky aligns with technofascism, Xtian Dominionism

And the AlT-Right that controls this regime.

[Scrivener7]

26. He thinks breaking things proves that he's powerful. The bigger the thing, the more powerful he thinks he is.

[Faux pas]

28. He gets

to enjoy seeing everyone SUFFERING

[Amaryllis]

31. Mark Elias was on MSNBC this AM and said it was just all about power. People are beholden to him to get out from under

the tarrifs.

[CharleyDog]

32. The malicious empty shell person in the White House

has such great, unimpeded enthusiasm for the tariffs, it can only mean he gets a personal reward. My theory is
he will extract money and other extortions from EACH business in the world.

Extreme power and a lot of money!

The only explanation.

(Putin taught him to do this)

[stillcool]

33. divide and conquer...break it you bought it

[Hekate]

34. The feeling of wielding sadistic power on that scale must be ... sexual, for sadists like him.

[Blue Full Moon]

35. Bitcoin

[Jit423]

36. I said early on, HE PLAYING THE MARKETS!!!

And so are everyone of his administration. They know full well what the tariffs would do to the markets. And they all will be billionaires when it's over and they will be paying much less taxes on their wealth than they should be. It is just so simple and clear, why don't people understand this? It's like 1+1=2.