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BumRushDaShow

(164,777 posts)
Fri May 23, 2025, 06:50 AM May 2025

Trump recommends 50% tariff on European Union starting June 1

Source: CNBC

Published Fri, May 23 2025 7:47 AM EDT | Updated 15 Min Ago


President Donald Trump on Friday said he is “recommending a straight 50% Tariff on the European Union” after complaining that trade negotiations have stalled.

The steep new import duties would start on June 1, Trump wrote on Truth Social. The EU “has been very difficult to deal with,” Trump wrote. “Our discussions with them are going nowhere!”

Trump’s announcement came less than 30 minutes after he threatened to impose a tariff of at least 25% on Apple if the company does not start manufacturing iPhones in the United States.

Stock futures sank immediately following Trump’s posts, which showed the president once again wielding the threat of massive import taxes in response to economic activity he disfavors.

Read more: https://www.cnbc.com/2025/05/23/trump-recommends-50percent-tariff-on-european-union-starting-june-1.html



I suppose the tariff announcements were his "big news" hinted at for today.

Article updated.

Previous article -

Published Fri, May 23 2025 7:47 AM EDT | Updated 3 Min Ago


President Donald Trump on Friday said he is "recommending a straight 50% Tariff on the European Union" after complaining that trade negotiations have stalled.

The steep new import duties would start on June 1, Trump wrote on Truth Social. The EU "has been very difficult to deal with," Trump wrote. "Our discussions with them are going nowhere!"

Read Trump's full post:

The European Union, which was formed for the primary purpose of taking advantage of the United States on TRADE, has been very difficult to deal with. Their powerful Trade Barriers, Vat Taxes, ridiculous Corporate Penalties, Non-Monetary Trade Barriers, Monetary Manipulations, unfair and unjustified lawsuits against Americans Companies, and more, have led to a Trade Deficit with the U.S. of more than $250,000,000 a year, a number which is totally unacceptable. Our discussions with them are going nowhere! Therefore, I am recommending a straight 50% Tariff on the European Union, starting on June 1, 2025. There is no Tariff if the product is built or manufactured in the United States. Thank you for your attention to this matter!


This is breaking news. Please refresh for updates.



Original article -

Published Fri, May 23 2025 7:47 AM EDT


This is breaking news. Please refresh for updates.


85 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Trump recommends 50% tariff on European Union starting June 1 (Original Post) BumRushDaShow May 2025 OP
Sounds like he's having trouble bullying them into deals Renew Deal May 2025 #1
Trump is only the master of deal making DENVERPOPS May 2025 #77
Let me see gab13by13 May 2025 #2
The EU signed mineral/raw materials deals with Greenland and Rwanda BumRushDaShow May 2025 #5
What, did they NEGOTIATE that deal? 🤔 underpants May 2025 #20
Buried under all the other news yesterday BumRushDaShow May 2025 #24
I didn't know that about Apple underpants May 2025 #37
I have a 12 Pro and it's not on the phone itself BumRushDaShow May 2025 #40
For my Macbook Pro and daughter's Macbook Air - "Designed in California", ""Assembled in China". n/t iluvtennis May 2025 #42
Maybe you were joking, but you may be correct. Shipwack May 2025 #44
I think the idea of making them here is a joke underpants May 2025 #49
I would guess that the likely answer will be found here ...below. usaf-vet May 2025 #57
He doesn't negotiate anything Yo_Mama_Been_Loggin May 2025 #63
Yep: "after complaining that trade negotiations have stalled." forgotmylogin May 2025 #69
Exactly right - this was the purpose of Putin's call, period Prairie Gates May 2025 #52
Drump won't be done until he soaks up all liquidity from every citizen bucolic_frolic May 2025 #3
His friends have taken their stock market gains and bought the shorts. Time to bring the market down again. Scrivener7 May 2025 #4
It's definitely working BumRushDaShow May 2025 #7
So far since Trump's elections, the better stock bets have been in foreign markets. One wonders why? dutch777 May 2025 #8
Yep, didn't he meet with them last night on he "personal time"? 33taw May 2025 #32
Wonder what the EU's response will be? No mention of EU comment in the article. Would not want to be... dutch777 May 2025 #6
They're not going to take any more orange crap Martin Eden May 2025 #41
Ooo, I hope it's before the market closes.. ms liberty May 2025 #9
The futures have been down since all the tariff news on EU and Apple have been reported. It is pretty JohnSJ May 2025 #11
My response was deliberately sarcastic and lighthearted, not focused on the horrifying facts ms liberty May 2025 #17
I got a laugh out of it NJCher May 2025 #21
He's the ultimate snowflake. The Snowflake in Chief. He's the SIC POTUS. ms liberty May 2025 #50
From CNBC live updates nitpicked May 2025 #18
Anyone who believed that this trump created issue would disappear with the "magic" 90 day moratorium JohnSJ May 2025 #10
Joke: If Russia invades the Baltic states, Krasnov will honor Article 5. speak easy May 2025 #12
The only thing that is included in that bill that needs to happen by July 4 BumRushDaShow May 2025 #14
Krasnov's goal is a weak dollar gab13by13 May 2025 #16
Ding, ding, ding. We got a winner. Buddyzbuddy May 2025 #65
More stock manipulation Miguelito Loveless May 2025 #13
That was my first thought. KewlKat May 2025 #33
Trump threatens tariffs on EU goods and Apple iPhones nitpicked May 2025 #15
I think it was Tim Cook who got ridiculed a few weeks ago underpants May 2025 #25
Here is a label on an iPhone, clearly stating it is made in China: riversedge May 2025 #31
That Xitter post apparently got deleted BumRushDaShow May 2025 #35
The clown is insane.. Playingmantis May 2025 #19
He's nuts. The shakers and movers are going to need to take him down soon. travelingthrulife May 2025 #22
Good! Alliepoo May 2025 #43
The mad King speaks Pototan May 2025 #23
Yep. Alliepoo May 2025 #45
'He's now attacking our biggest allies, and one of America's most successful companies, as the stock market tanks on the riversedge May 2025 #26
Wait lonely bird May 2025 #27
Attn Krasnov the European Union has already moved on without you. Botany May 2025 #28
Get out of your set and forget 60/40 (Securities and bonds) Aviation Pro May 2025 #29
EU to Trump orangecrush May 2025 #30
It's an act of total desperation. Tarzanrock May 2025 #34
Art of the Deal SNAFU SomedayKindaLove May 2025 #80
Exactly RedArkGuy May 2025 #85
Waited for a good market recovery to go cuckoo bananas again Lucky Luciano May 2025 #36
Is he still telling his dumb magats the other country pays for his tariffs? Emile May 2025 #38
Yes. Alliepoo May 2025 #46
Will they still believe trump when Xmas rolls around, or will it all be a mystery? Hekate May 2025 #73
More insider market gaming for the corrupt regime Mysterian May 2025 #39
AGAIN Iamscrewed May 2025 #47
the world should moon Trump stillcool May 2025 #48
This is a directive straight from Putin - you can tell because Trump is still on about abolishing the EU, period Prairie Gates May 2025 #51
This is what happens when you have a president with the mental age of a five year old. If there is any evidence that Doodley May 2025 #53
Another Dump and Pump so they can sell high, buy again low and "save the market" again. kysrsoze May 2025 #54
I would guess that the likely answer will be found here ...below. usaf-vet May 2025 #55
Futurama had the right idea! Initech May 2025 #56
I thought countries were lining up to make deals with him? Owens May 2025 #58
The WWII and post-War Alliance suffers another Golden Raisin May 2025 #59
"Difficult to deal with" , meaning they won't do what he says. louis-t May 2025 #60
Comrade Chaos having more fun. Who can I piss on this hour?? Evolve Dammit May 2025 #61
Big baby Donny has another tantrum Yo_Mama_Been_Loggin May 2025 #62
I recommend throwing this grossly incompetent buffoon and his ass kissing goons out of office now. Initech May 2025 #64
He really is a mad king. Killing the country for Putin, Money, Insanity, all that. OverBurn May 2025 #66
Seems to me he wants to punish Europe for helping Ukraine. SunSeeker May 2025 #67
Trump got pissed that Greenland signed a lucrative mineral deal with Greenland LetMyPeopleVote May 2025 #68
Thursday, Friday Doubleheader DallasNE May 2025 #70
when your only tool is a hammer, everything looks like a nail Javaman May 2025 #71
Sorry, Old Yellow Pisswig, no "deals" for you! Tarzanrock May 2025 #72
Putin is cheering sakabatou May 2025 #74
What fucking century is this? This childlike obsession with tariffs he has is beyond embarrassing. Karasu May 2025 #75
Which stocks will tank? They will short them. kerouac2 May 2025 #76
What's this, the Tariff Du Jour? Wingus Dingus May 2025 #78
I'll bet money that Europe doesn't care because... ananda May 2025 #79
This makes no sense at all, unless he's trying to get back at the EU for their Fil1957 May 2025 #81
An own the libs, own the normies distraction. hay rick May 2025 #82
You get a tariff and you get a tariff! Jacson6 May 2025 #83
Off with their heads, says the Orange Queen! delisen May 2025 #84

DENVERPOPS

(13,003 posts)
77. Trump is only the master of deal making
Fri May 23, 2025, 03:57 PM
May 2025

if he get's 100% his way and they get zero.......

If you don't deal, he switches to extortion..........

He is like an angry three year old throwing a tantrum if he doesn't get his way....s

gab13by13

(30,959 posts)
2. Let me see
Fri May 23, 2025, 06:55 AM
May 2025

Krasnov just spoke with Putin for 2 hours. The EU has taken over the brunt of helping Ukraine in its war with Putin.

Hmm. I think that Krasnov got some orders in that 2 hour phone call.

BumRushDaShow

(164,777 posts)
5. The EU signed mineral/raw materials deals with Greenland and Rwanda
Fri May 23, 2025, 07:13 AM
May 2025

so someone is probably pissed off.

underpants

(194,407 posts)
20. What, did they NEGOTIATE that deal? 🤔
Fri May 23, 2025, 08:03 AM
May 2025

I think what you posted was a big part of this.
He hasn’t really negotiated anything yet and the EU jumped the gun on him while he was busy on his trip.

iPhones made HERE? Where? Unless they make them in prisons the cost is estimated at at least $3,000 from what I’ve seen. Some estimates are higher.

BumRushDaShow

(164,777 posts)
24. Buried under all the other news yesterday
Fri May 23, 2025, 08:16 AM
May 2025
Greenland Signs Lucrative Minerals Deal with Europe in Blow to Trump (Published May 22, 2025 at 7:17 AM EDT)

45 "wanted" Greenland for their mineral resources.

There have never been any iPhones made here and the issue has come up multiple times over the years and is waved away because most U.S. corporations have been fed on "cheap labor". The "shaming" got so bad that Apple started putting the "Designed in California" on their iProduct labels to try to create some kind of "U.S." involvement.

underpants

(194,407 posts)
37. I didn't know that about Apple
Fri May 23, 2025, 09:14 AM
May 2025

I just checked mine but it doesn’t say that. It’s pretty old though - 12 mini.

I’m sure it was on the box.

They could just change the determination of the “Made in the US” as is done for several industries.

BumRushDaShow

(164,777 posts)
40. I have a 12 Pro and it's not on the phone itself
Fri May 23, 2025, 09:28 AM
May 2025

but was on the box. But I did recently get a newer iPad (10th Generation) when it went on sale (my current, still chugging one is an old iPad Air2), and that newer iPad DOES have the "Designed in California" but also an "Assembled in Vietnam" on the back of it.

iluvtennis

(21,441 posts)
42. For my Macbook Pro and daughter's Macbook Air - "Designed in California", ""Assembled in China". n/t
Fri May 23, 2025, 09:34 AM
May 2025

Shipwack

(2,962 posts)
44. Maybe you were joking, but you may be correct.
Fri May 23, 2025, 09:36 AM
May 2025
iPhones made HERE? Where? Unless they make them in prisons the cost is estimated at at least $3,000 from what I’ve seen. Some estimates are higher.

Prison labor is already slavery in all but name. I can easily see an attempt to switch prisoners from making furniture to something else.

Or maybe Donny is going to have his own Cultural Revolution. He’ll forcibly switch people from “useless” or “degenerate” jobs such as university professors or DEI advisors to working jobs making iPhones, or picking crops.

underpants

(194,407 posts)
49. I think the idea of making them here is a joke
Fri May 23, 2025, 10:02 AM
May 2025

You are right though. Re-educating people to fill positions currently filled by “others” isn’t unseeable.

iPhones are very well made and reasonably priced considering all they can do and how reliant we are on them. I hate it for people making it but Apple isn’t going to change that in any meaningful way.

usaf-vet

(7,740 posts)
57. I would guess that the likely answer will be found here ...below.
Fri May 23, 2025, 10:45 AM
May 2025

First, watch

The Daily Show with Jon Stewart and his interview with Patrick McGee author of "Apple In China".

Yo_Mama_Been_Loggin

(132,069 posts)
63. He doesn't negotiate anything
Fri May 23, 2025, 12:10 PM
May 2025

He tries to intimidate then gets pissed off when things don't go his way.

forgotmylogin

(7,939 posts)
69. Yep: "after complaining that trade negotiations have stalled."
Fri May 23, 2025, 01:43 PM
May 2025

"Stalled" means other countries holding their ground while Trump screams at the door that they need to grovel before him and plead to make a deal. Many countries have explained that Trump the "dealmaker" isn't making an offer they can consider. They increasingly don't need the US as a customer, and don't feel they need to do the work since Don gets his jollies from people approaching him like a mafia don to ask favors.

Scrivener7

(58,042 posts)
4. His friends have taken their stock market gains and bought the shorts. Time to bring the market down again.
Fri May 23, 2025, 07:11 AM
May 2025

BumRushDaShow

(164,777 posts)
7. It's definitely working
Fri May 23, 2025, 07:14 AM
May 2025

The Dow futures dropped 500 points with the news (and Apple stock was of course down).

ETA - latest blip that just came in less than a minute ago - Dow futures down 650.

dutch777

(4,808 posts)
8. So far since Trump's elections, the better stock bets have been in foreign markets. One wonders why?
Fri May 23, 2025, 07:15 AM
May 2025

dutch777

(4,808 posts)
6. Wonder what the EU's response will be? No mention of EU comment in the article. Would not want to be...
Fri May 23, 2025, 07:14 AM
May 2025

...any US business that relies significantly on EU travelers. Pretty certain they won't be coming.

Martin Eden

(15,273 posts)
41. They're not going to take any more orange crap
Fri May 23, 2025, 09:32 AM
May 2025

The Felon is overplaying his hand.

Which is what Putin wants him to do.

ms liberty

(10,902 posts)
9. Ooo, I hope it's before the market closes..
Fri May 23, 2025, 07:15 AM
May 2025

Because the market can react for a bit and then close. After that, the pundits and spokesmodels will chew on it, and people will be ever so slightly stressed out about it, for all the 3 day weekend start of summer.
Oh boy. That should be really fun.

 

JohnSJ

(98,883 posts)
11. The futures have been down since all the tariff news on EU and Apple have been reported. It is pretty
Fri May 23, 2025, 07:26 AM
May 2025

clear that wall street has been making excuses for this administration since they announced a "temporary" 90 day hold on tariffs, is coming back to haunt them by "assuming" the 90 day pause meant that the tariff issue was all over.

ms liberty

(10,902 posts)
17. My response was deliberately sarcastic and lighthearted, not focused on the horrifying facts
Fri May 23, 2025, 07:48 AM
May 2025

Because well, the facts are horrifying and despair is not an option.
Humor fulfills my need to get over rough ground as lightly as possible.

NJCher

(42,254 posts)
21. I got a laugh out of it
Fri May 23, 2025, 08:12 AM
May 2025

When I first heard the news this morning I had a vision of President Babyman in his high chair, throwing his cereal on the floor because Europeans were “difficult.”

Poor President Babyman. Life is supposed to be easy.

nitpicked

(1,569 posts)
18. From CNBC live updates
Fri May 23, 2025, 07:49 AM
May 2025
https://www.cnbc.com/2025/05/22/stock-market-today-live-updates.html

Stock futures declined early Friday after President Donald Trump ramped up his trade fight again, slapping a tariff on Apple
for foreign-made iPhones and recommending new stiffer duties on the European Union.

Futures tied to the Dow Jones Industrial Average dropped by 538 points, or 1.3%. Nasdaq 100 futures lost 1.9%, and S&P 500 futures
fell 1.5%.

Apple shares shed 3% in premarket trading after Trump posted on Truth Social that iPhones sold in the U.S. must be made in the U.S. and if they are not “a tariff of at least 25% must be paid by Apple.” The move against Apple by Trump is the first against a specific company in his tariff rollout this year.

Separately, the president said trade discussions with the EU “are going nowhere” and so he’s “recommending a straight 50% tariff on the European Union, starting on June 1, 2025.”
(snip)

((Let's see if the dipbuyers run in again to rescue stocks.))
 

JohnSJ

(98,883 posts)
10. Anyone who believed that this trump created issue would disappear with the "magic" 90 day moratorium
Fri May 23, 2025, 07:19 AM
May 2025

on tariffs was suddenly over, was gullible at best.

Rubber is now hitting the road, and it should be clear that uncertainty and chaos has always been the hallmark of trump and his thugs.

Per Bloomberg:

"US bond yields have surged this week as President Donald Trump's tax cut plan has ignited concerns that it would add trillons of dollars in comning years to already bulging budget deficvits, at a time when investor appetit is waning for US assets across the globe."

What this means is that interest rates on everything are going to go up, assuming his "big beautiful bill" passes the Senate, and if the past in any prediction of future events, regardless of the tough talk by a few of the rethugs in congress, in the end they will do whatever the sociopath wants.


BumRushDaShow

(164,777 posts)
14. The only thing that is included in that bill that needs to happen by July 4
Fri May 23, 2025, 07:41 AM
May 2025

is the debt ceiling increase and that can actually be pulled out as a standalone reconciliation bill (as one of the reconciliation types). If that is done, it can't be raised again using reconciliation until next FY (which could be after Oct. 1, 2025). That gives the GOP Senate more time, but also revives the "blame game" on raising the debt limit and causing a default (which is why the House wanted to go all or nothing).

gab13by13

(30,959 posts)
16. Krasnov's goal is a weak dollar
Fri May 23, 2025, 07:46 AM
May 2025

His tariffs, the increased deficit, all weaken the dollar. His push to get Powell to lower interest rates also would weaken the dollar.

Yeah baby, look what that has done for Crypto. 16 Democratic senators just voted to boost Crypto. Krasnov has made 3 billion dollars from crypto since becoming president, not counting yesterday's Bribery meet and Greet dinner at Mar-el-Loco.

Things couldn't be going better for Krasnov.

nitpicked

(1,569 posts)
15. Trump threatens tariffs on EU goods and Apple iPhones
Fri May 23, 2025, 07:45 AM
May 2025
https://www.bbc.com/news/articles/cgr5xrygzk5o

US President Donald Trump has said he is "recommending" a 50% tariff on all goods from the European Union being imported to the United States.

"Our discussions with them are going nowhere!", he said in a post on social media on Friday. He said the new tariffs kick in on 1 June.

The announcement marks an escalation of Trump's trade war with the EU. He initially proposed a 20% tariff on most EU goods, but halved it to 10% until 8 July to allow time for talks.

The president also threatened to impose a 25% import tax on iPhones not manufactured in America.
(snip)

underpants

(194,407 posts)
25. I think it was Tim Cook who got ridiculed a few weeks ago
Fri May 23, 2025, 08:22 AM
May 2025

at some sort of a Q&A Saying that the reason they make iPhones in China is because of the dedicated experienced workforce making them. People scoffed saying it was because of low wages. Set aside building and workplace safety requirements here, it’s not just about wages. Granted they do have horrible workplaces (from what we’ve seen) but I think he’s right. I can’t imagine Americans doing that meticulous precise work every day for a series of years. They can walk out and work at Burger King or a gig job at probably the same wage at any time.

Unless Apple can actually make these things IN prisons*, the price is going to be much more and will the work be if the same quality?

*or localities where we tend to put prisons that become reliant on them.

riversedge

(79,073 posts)
31. Here is a label on an iPhone, clearly stating it is made in China:
Fri May 23, 2025, 08:46 AM
May 2025

Verdict: Are Apple Products Made in the USA?

No, Apple products are not made in the USA. Their products are made worldwide, mostly in China.

Here is a label on an iPhone, clearly stating it is made in China:






https://allamerican.org/investigation/apple/


BumRushDaShow

(164,777 posts)
35. That Xitter post apparently got deleted
Fri May 23, 2025, 09:06 AM
May 2025

but the image from the site (I had actually been looking for a postable, more recent one earlier this morning when I saw the Apple tariff story) -

Playingmantis

(516 posts)
19. The clown is insane..
Fri May 23, 2025, 08:03 AM
May 2025

He is really losing it.. crazy as a bat and soon Americans will realize what a stupid mistake it was to reelect a first class jackass! MAGA my ass!!

travelingthrulife

(4,174 posts)
22. He's nuts. The shakers and movers are going to need to take him down soon.
Fri May 23, 2025, 08:15 AM
May 2025

He is destroying all their businesses.

riversedge

(79,073 posts)
26. 'He's now attacking our biggest allies, and one of America's most successful companies, as the stock market tanks on the
Fri May 23, 2025, 08:25 AM
May 2025

LOTS of Red



Ed Krassenstein
@EdKrassen
·
1h
BREAKING: President Trump just called for a 50% "straight tariff" on all of the EU, and a 25% tariff on iPhones that are not manufactured in the United States.

He's now attacking our biggest allies, and one of America's most successful companies, as the stock market tanks on the news.


Botany

(76,159 posts)
28. Attn Krasnov the European Union has already moved on without you.
Fri May 23, 2025, 08:34 AM
May 2025

This will hurt America and Americans not Europe.

&t=35s

Aviation Pro

(15,170 posts)
29. Get out of your set and forget 60/40 (Securities and bonds)
Fri May 23, 2025, 08:44 AM
May 2025

And find a safe harbor instrument. I did in February while maintaining my 401K at a low risk.

This is not meant to be financial advice.

 

Tarzanrock

(1,250 posts)
34. It's an act of total desperation.
Fri May 23, 2025, 09:03 AM
May 2025

The Turd is desperate. The Turd's already failed presidency is now sinking like a large rock thrown into a lake. The Turd's insane economics policies will, in the end, doom both him and his presidency.

If you read the Turd's "tweet" this morning -- you immediately realize that the "fucking moron" has zero understanding of international trade,
international economics; taxation; and, international law for remedies for corporate manipulation of things like violations of trademarks,
copyrights, patents, intellectual property rights and the like which leads to the "lawsuits" this idiot is falsely bitching about.

What a fucking doofus moron! The E.U. has the Turd over a barrel -- they are not going to respond favorably to the Turd's bullshit "threats."

You can take it to the bank that the E.U. has an entirely different perspective on these insane tariffs than that of the "fucking mornon" who is advocating them. Tough days ahead for you, Turd, as your already failed Presidency continues to sink in the toilet you created!

By the way, Turd, Xi Jinping is watching and laughing -- and so is everyone else in the world.

SomedayKindaLove

(1,172 posts)
80. Art of the Deal SNAFU
Fri May 23, 2025, 04:13 PM
May 2025

Make it so each of your “opponents” has to negotiate a tariff deal while you have to negotiate 200.

And be po sure to put a deadline on it! That way everyone can wait you out to the end.



RedArkGuy

(864 posts)
85. Exactly
Sat May 24, 2025, 12:08 AM
May 2025

He's already shown multiple times that he will wilt and take down the tariffs if the pressure gets too high. This week we're going to see the US bond market plummet even further and we'll see the stock market do the same. All the EU needs to do is wait it out and mouth a few phrases about turning toward India, China and the Pacific rim to take up the slack in buying EU goods.

Trump is a weak weak negotiator. In the end he'll be lucky to get trade deals that are the same as what we had before he came into office.

Mysterian

(6,126 posts)
39. More insider market gaming for the corrupt regime
Fri May 23, 2025, 09:21 AM
May 2025

There will be no future for the USA until all perpetrators of crimes under cloak of the Trump regime are prosecuted and jailed.

stillcool

(34,407 posts)
48. the world should moon Trump
Fri May 23, 2025, 09:52 AM
May 2025

requiring Trump kiss every single one. What a wonderful world that would be.

Prairie Gates

(7,047 posts)
51. This is a directive straight from Putin - you can tell because Trump is still on about abolishing the EU, period
Fri May 23, 2025, 10:19 AM
May 2025

Doodley

(11,547 posts)
53. This is what happens when you have a president with the mental age of a five year old. If there is any evidence that
Fri May 23, 2025, 10:29 AM
May 2025

Trump is smarter than a typical five year old, both intellectually and emotionally, I'm yet to see it.

kysrsoze

(6,401 posts)
54. Another Dump and Pump so they can sell high, buy again low and "save the market" again.
Fri May 23, 2025, 10:33 AM
May 2025

This will be the third time they've pulled this crap. I'm sure Rump tipped off all his buddies on what he was going to do so they had time to dump their stocks.

usaf-vet

(7,740 posts)
55. I would guess that the likely answer will be found here ...below.
Fri May 23, 2025, 10:42 AM
May 2025

First, watch
The Daily Show with Jon Stewart and his interview with Patrick McGee, author of "Apple In China".
A very informative interview and book.

It boils down to the 3 million people Apple has paid to train (over the last 20+ years) to build their products.

Owens

(583 posts)
58. I thought countries were lining up to make deals with him?
Fri May 23, 2025, 10:46 AM
May 2025

This sounds like they don't, and now adding 50% is gonna make them come crawling? Worst deal maker ever

Initech

(107,163 posts)
64. I recommend throwing this grossly incompetent buffoon and his ass kissing goons out of office now.
Fri May 23, 2025, 12:38 PM
May 2025

And putting the adults back in charge. If MAGA wants to go blab on the Fox gossip channel, they can do so without ruining the country.

LetMyPeopleVote

(173,933 posts)
68. Trump got pissed that Greenland signed a lucrative mineral deal with Greenland
Fri May 23, 2025, 01:29 PM
May 2025

Trump got pissed that Greenland signed a lucrative mineral deal with the European Union, so now he’s proposing a 50% tariff on all imports from the EU. 😡

AnnieForTruth (@anniefortruth1.bsky.social) 2025-05-23T16:29:10.232Z

DallasNE

(7,944 posts)
70. Thursday, Friday Doubleheader
Fri May 23, 2025, 01:48 PM
May 2025

One of the jobs a President does is to try and reassure jittery morkets. So what does Trump Do?

On Thursday the bond market jitters was over the Moody's downgrade of American debt and that bleed over into the stock market, which fell 800 points.

On Friday the markets seemed calm after Thursdays news until Trump announced 50% tariffs on Europe, effective June 1st. That sent the stock market into another 500 point drop, cutting short the 90-day tariff postponement announced in around April 2nd.

What ignorant fool acts in such a reckless manner? Was this just to set up another insider trading opportunity? Regardless, it is stupid on steroids.

Javaman

(65,002 posts)
71. when your only tool is a hammer, everything looks like a nail
Fri May 23, 2025, 01:58 PM
May 2025

the orange ignoramus can't think out side of smashing things

 

Tarzanrock

(1,250 posts)
72. Sorry, Old Yellow Pisswig, no "deals" for you!
Fri May 23, 2025, 02:03 PM
May 2025

I was told that more than 90 countries were "lining up," one right after the other, to make "deals" with the old "Dealmaker" himself. I now think that all those 90 countries told Old Yellow Pisswig to go fuck his fist. Yep, the E.U. can be "difficult" when you are an asshole, right, lying Dipshit Donnie?

Karasu

(2,003 posts)
75. What fucking century is this? This childlike obsession with tariffs he has is beyond embarrassing.
Fri May 23, 2025, 02:44 PM
May 2025

kerouac2

(1,387 posts)
76. Which stocks will tank? They will short them.
Fri May 23, 2025, 03:34 PM
May 2025

Then he will change his mind... And billions will be made.

Rinse and repeat

ananda

(34,244 posts)
79. I'll bet money that Europe doesn't care because...
Fri May 23, 2025, 04:10 PM
May 2025

they have formed their own trade partnerships.

IOW, they said: fuck the USA!

Fil1957

(473 posts)
81. This makes no sense at all, unless he's trying to get back at the EU for their
Fri May 23, 2025, 05:12 PM
May 2025

agreement with Greenland, and to manipulate the stock market. If he keeps doing stuff like this, we could end up in a full scale depression in about 6 months. How bad does it have to get before it's 25th amendment time?

hay rick

(9,286 posts)
82. An own the libs, own the normies distraction.
Fri May 23, 2025, 06:44 PM
May 2025

Wouldn't want all the outrage focused on the budget bill or dismemberment of the rule of law...

Jacson6

(1,717 posts)
83. You get a tariff and you get a tariff!
Fri May 23, 2025, 07:02 PM
May 2025

Tariffs are good for President Chaos and his ego.

SHEESH!

delisen

(7,188 posts)
84. Off with their heads, says the Orange Queen!
Fri May 23, 2025, 08:33 PM
May 2025

We just signed a mineral deal with Greenland, smirked the Europeans.

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