this post was submitted on 08 Jul 2025
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An anonymous Trump insider who spoke to Politico said the entire tariff conversation was a farce and that Trump would push back the deadline as many times as he needed to to save face.

“Trump knows the most interesting part of his presidency is the tariff conversation,” they shared. “I find it hard to believe he’s going to surrender it that easily. It’s all fake. There’s no deadline. It’s a self-imposed landmark in this theatrical show, and that’s where we are.”

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[–] ACbHrhMJ@lemmy.world 61 points 3 days ago (1 children)

No, it's so that he and his insiders can profit whenever they move the market

[–] BrianTheeBiscuiteer@lemmy.world 10 points 2 days ago (1 children)

The market is starting to catch on to his bullshit and doesn't move nearly as much as it did in response to every little announcement.

Sure. After they've made their trillions off the working class 401ks

[–] cosmicrookie@lemmy.world 37 points 3 days ago (1 children)

A very profitable "show" that lets them sell and buy at the right moment, only because they define that moment

[–] Novamdomum@fedia.io 5 points 3 days ago (2 children)

Is there any evidence of him selling and buying at the right moment? Cos it's always seemed like such an intellect free strategy to me. It's like he's saying "Ooh you other countries, if you don't do what I say I'll make Americans pay YOU a lot more for your goods!". No wonder so many financial experts around the world seem utterly befuddled by this.

[–] Dran_Arcana@lemmy.world 10 points 2 days ago

No direct evidence for him no, but there is direct evidence that the market shifts slightly before his announcements, suggesting that somebody is getting advanced knowledge.

[–] cosmicrookie@lemmy.world 5 points 2 days ago

It is not the actual tariffs, but the market reacting to the thread of them, and acting on that.

[–] frezik@lemmy.blahaj.zone 20 points 2 days ago

"Insiders hope" might be better phrasing than "insiders admit". Tariffs at this level weren't being recommended by anyone besides Trump, because they're stupid as hell. The right-libertarian wing of the party doesn't want any kind of tariffs what so ever. The protectionist wing wants some tariffs, but not strong, across the board tariffs like this.

Nobody wants this except Trump. Almost literally nobody. His supporters back it because that's how cults work. Nobody thinks this is a good idea of their own accord.

[–] homesweethomeMrL@lemmy.world 11 points 2 days ago

These "insiders" . . . are they doing any trading?

[–] FelixCress@lemmy.world 10 points 3 days ago
[–] Thorry84@feddit.nl 9 points 2 days ago

So King Trump is just fucking up the world economy because it's fun to him? Right that tracks.

[–] Novamdomum@fedia.io 7 points 3 days ago (2 children)

I bet he used to hold his breath as a kid to try to get his way.

[–] cosmicrookie@lemmy.world 4 points 3 days ago (1 children)

but had to start over when he reached to 10

[–] ShadowRam@fedia.io 2 points 2 days ago (1 children)

Doubt it. His Dad would have just back-handed him.

[–] Novamdomum@fedia.io 2 points 2 days ago

Cornelius Hawthorne knew how to raise kids right! 🤣

Taco tuesday 🌮🌮