Donald Trump the Megathread part II - mod warnings in OP, Updated 18/03/25

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Ha...his latest social media post. Trump causes chaos with the world's stock markets to then announce a 90 day pause.

It does look like 10% is immediate though.

Already he has postponed the tariffs on every country apart from China .

I read that, I wonder if it's real this time or just another hoax!

CNBC is reporting that Trump has posted on his site "Truth Social" that he has authorised a ninety [90] day stay on the tariffs he put on all countries bar China. RTE has spoken of the same on it's news headlines.

Is this Trump blinking first in a fight between equals?

This is madness who one man can rant and cause markets to dip or rise by 10 percent in minutes of his stupidity on social media .

when is the stop button going to be pressed on this ugly man.

Can I ask a question to anyone who is from economics background. If china keep dumping bonds and the us bonds rise high enough . Could it be possible America defaults on its loans and what would happen to the rest of the world if the dollar and US are no longer a pillar of world trade .

It can cause difficulties but I doubt enough to bring down the dollar

They have aboutish 750 out of 4200bn in securities

Depends if it starts a stampede (possible) Ireland has 336bn in comparison

sick of this f**king eejit now.

The disciples will claim this is a master stroke - he could tell them literally anything and they will think it is a great idea.

In another problem [probably just a blip for him] on the federal management level, Trump's 3rd temporary head [Melanie Krause] of IRS has resigned after she reportedly had only heard on Fox News that the administration had struck up a deal for the agency - via Treasury Secretary Scott Bessent - to share undocumented immigrants’ taxpayer data with the Department of Homeland Security.

This is mad stuff. You have to imagine, at some point, an adult enters the room and we get some form of normality albeit God knows what damage will be done in the meantime. I've never seen the like of it and never thought I would. Intrigued to see where it goes. To be fair, I can see why Trump wanted to address some of the trade deficits but the way he's done it is bonkers.

Time it right and there is a fantastic buying opportunity here on stocks. No way that billionaires will continue to stand by while they lose billions.

Art of the Deal:

1) Impose massive tariffs on nearly every country that crash the markets and create the conditions for global economic collapse

2) Make zero deals with zero countries

3) Pause tariffs

4) VICTORY!!

Wow. What a climbdown.

This is honestly an insane way to run a country.