Started By
Message

Trump on tariff:People were jumping a bit out of line.They were getting a little bit yipee

Posted on 4/9/25 at 2:13 pm
Posted by Barbenheimer
Member since Jul 2023
61 posts
Posted on 4/9/25 at 2:13 pm
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
29864 posts
Posted on 4/9/25 at 2:16 pm to
"People were saying mean things about me, so I pivoted to another position in the hope that people start saying nice things about me again."

Yay
Posted by LSURussian
Member since Feb 2005
130747 posts
Posted on 4/9/25 at 2:16 pm to
His explanation is dangerously close to admitting he manipulated the stock market. He needs to tread lightly on saying "I did it to calm the markets."
Posted by saint tiger225
San Diego
Member since Jan 2011
40569 posts
Posted on 4/9/25 at 2:21 pm to
You mean the guy that pumped and dumped two official meme coins would manipulate the markets? Say it ain't so!
This post was edited on 4/9/25 at 2:22 pm
Posted by mule74
Watersound Beach
Member since Nov 2004
11778 posts
Posted on 4/9/25 at 2:23 pm to
You guys think it was the bond market that finally broke him?
Posted by LSURussian
Member since Feb 2005
130747 posts
Posted on 4/9/25 at 2:24 pm to
I don't.
Posted by Barbenheimer
Member since Jul 2023
61 posts
Posted on 4/9/25 at 3:10 pm to
What then you think made him change his mind?
Posted by slackster
Houston
Member since Mar 2009
89380 posts
Posted on 4/9/25 at 3:14 pm to
quote:

His explanation is dangerously close to admitting he manipulated the stock market. He needs to tread lightly on saying "I did it to calm the markets."


He’s the president of the most powerful nation in the world. Whatever he says/tweets in general is “market manipulation” if we’re going with a broad definition.

As far as labeling it illegal, good luck.
Posted by bigjoe1
Member since Jan 2024
795 posts
Posted on 4/9/25 at 3:38 pm to
I think it was the bond market. Bessent was on CNBC this a.m. and used the term deleverage twice talking about the 10 year. That term scares the shite out of bond traders. That was the buzzword in the 2008 financial crises. Really think he told Trump lending could damn well lock up and the Fed couldn't help.
Posted by AirbusDawg
Milton, Ga
Member since Jan 2018
2751 posts
Posted on 4/9/25 at 4:01 pm to
They all called his Bluff and he caved big time.
Posted by notiger1997
Metairie
Member since May 2009
60604 posts
Posted on 4/9/25 at 4:13 pm to
quote:

They all called his Bluff

Who are “they all”?
This post was edited on 4/9/25 at 5:08 pm
Posted by dgnx6
Member since Feb 2006
78809 posts
Posted on 4/9/25 at 4:39 pm to
quote:

His explanation is dangerously close to admitting he manipulated the stock market. He needs to tread lightly on saying "I did it to calm the markets."


But not everyone screaming great depression and black monday.


Got it.


Dow jones is 40, at the end of 2016 it was 19.


Posted by BabyTac
Austin, TX
Member since Jun 2008
14262 posts
Posted on 4/9/25 at 4:44 pm to
I love that man. lol.

He’s going to kill this country.
This post was edited on 4/9/25 at 4:59 pm
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
87010 posts
Posted on 4/9/25 at 5:22 pm to
quote:

They all called his Bluff and he caved big time.


How did he cave when 10% for the real big guy is staying
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
29864 posts
Posted on 4/9/25 at 5:36 pm to
quote:

How did he cave when 10% for the real big guy is staying

Because he could have just done that on the front end. It's not like he needs to "negotiate" for the 10%; it's a purely unilateral decision. Instead of behaving like a jackass for several weeks, he could have simply announced that a worldwide 10% tariff was launching in 30 days and significantly higher, targeted tariffs would roll out in 90 days unless the countries in question negotiate for better.

And we'd find ourselves in basically the exact same position we're in now without sending the world economy into chaos and without the world now believing we're led by a petulant toddler.
Posted by TheWalrus
Land of the Hogs
Member since Dec 2012
44346 posts
Posted on 4/9/25 at 5:36 pm to
Because he made a big spectacle of the reciprocal tariffs, called it one of the greatest days in American history, and pulled out the boards with their brilliantly calculated tariff rates that was a simple trade deficit ratio. Then he caves a week later and acts like that was the plan all along. If you think this wasn’t a panic move, you’re delusional.
Posted by LSURussian
Member since Feb 2005
130747 posts
Posted on 4/9/25 at 5:40 pm to
quote:

What then you think made him change his mind?
I don't know if he changed his mind.

My best guess is today's pivot was him simply following his negotiating tactics he described in his book.

He showed them a stick and then he offered them a carrot they could take to avoid the stick.
This post was edited on 4/9/25 at 6:00 pm
Posted by LNCHBOX
70448
Member since Jun 2009
86782 posts
Posted on 4/9/25 at 5:43 pm to
quote:

He’s the president of the most powerful nation in the world. Whatever he says/tweets in general is “market manipulation” if we’re going with a broad definition.

As far as labeling it illegal, good luck.


Hilarious that this is getting so downvoted DU apparently sent some people to the money board. The ratios lately are very out of character for this place.
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
29864 posts
Posted on 4/9/25 at 5:49 pm to
quote:

Hilarious that this is getting so downvoted DU apparently sent some people to the money board. The ratios lately are very out of character for this place.

This reminds me a bit of the PT "What happened to Rand Paul" thread, in which is somehow doesn't occur to the bulk of them that Rand has basically been what he is for two decades; they are the one's who have changed.

Is it possible that "the ratio" shifted because of a mass influx of outsiders? Sure. Is it also possible that Trump's actions are outside of the norm, even for Trump, which is causing a shift in said "ratio"? Absolutely.

Just my opinion, but I view the latter to be far more likely than the former.

ETA: For the record, I don't actually agree with the "illegal market manipulation" post. Simply addressing the larger issue you brought up.
This post was edited on 4/9/25 at 5:50 pm
Posted by LSURussian
Member since Feb 2005
130747 posts
Posted on 4/9/25 at 5:50 pm to
quote:

Whatever he says/tweets in general is “market manipulation” if we’re going with a broad definition.
But he shouldn't come out and publicly announce that's why he did it.

See the difference?
first pageprev pagePage 1 of 2Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram