Tariff Man and his tariff plan cause market plunges

It's not a binary choice

Soft confirmation by Bessent of an extension to Aug 1

https://www.cnbc.com/2025/07/06/bess...mp-august.html

Oh, Bambino.

I shared your post Salty just mentioned on another forum, verbatim, with no commentary except stating it wasn't mine.

I would credit, but, who are any of us.

Just saying I thought it was good enough to share. Originally Posted by Devo

... The last post from the FIRST page.

... From WAAAAAAY back in April. ... It's been 90 days!

... WHERE is all the market disruption and the tanked economy??

... Must o' been just another liberal fallacy...

#### Salty

Trump chickened out on his big board of Tantrum Day tariffs. If those hadn't been paused you'd be praying to St. Paul and St. Steve for an end to the pain.

https://newrepublic.com/post/197624/...ffs-start-date

Tariffman doesn't seem to have been aware of the Aug 1 extension. Either way, 90 deals in 90 days is dead.

https://newrepublic.com/post/197624/...ffs-start-date

Tariffman doesn't seem to have been aware of the Aug 1 extension. Either way, 90 deals in 90 days is dead. Originally Posted by HDGristle

Forget TACO Tuesday. It's TACO every-fucking-day.

https://newrepublic.com/post/197624/...ffs-start-date

Tariffman doesn't seem to have been aware of the Aug 1 extension. Either way, 90 deals in 90 days is dead. Originally Posted by HDGristle

As if that was ever a possibility to begin with. Only the densest of MAGA cultists ever believed the "90 deals in 90 days" fever dream.

So, 1.65 deals in 90 days. A true masterclass in The Art of No Deal.

Wall Street seems content to mostly ignore Trump at this point and his threats as bluffs. From Copper to his tariff letters and latest statements about no extensions beyond Aug 1.

His BRICS tariff threat would basically kill anything productive he wants with India.

5D chess my ass

... WINNING! ... ...

#### Salty

Great article

https://www.bbc.com/news/articles/c628nk51364o

We are close to several deals as always,” Bessent said on CNN’s “State of the Union” Sunday. “There’s a lot of foot-dragging on the other side, and so I would expect to see announcements over the next couple of days.”

He continued: “When we send out the 100 letters to these countries, that will set their tariff rate. So we’re going to have 100 done in the next few days.”

As of Thursday, no new deals have been announced, while Trump has published just 22 letters, many to minor trading partners like Brunei, Moldova and Sri Lanka.

https://www.nbcnews.com/business/bus...now-rcna218042

Interesting. Send out 100 letters and pretend that's 100 deals.

While it seems that the temp pause in Tariffs allowed the recovery of the market, I'm more concerned with market instability as in the knee jerk response to places like Canada and retaliation etc. Every MAGA insider is shorting the marketplace pre announcements, and then going long on the TACO step back. It's a conniving method of manipulation and it's terrible for ppl who don't know in advance. Essentially Trump's turning Wall Street into his own little playground and doesn't give a fuck about the avg Joe who , could be Democrat or Republican, getting fleeced and concerned over these market generations - selling and buying on the ups and downs. It's just one more example of how this guy is incapable of having any ethics, scruples or understanding of what it's like to be a law-abiding citizen.

https://www.cnbc.com/2025/07/15/cpi-...june-2025.html

GM, that inflation you were looking for has started to pop up. Which makes sense given when the data is collected vs whe. The tariffs went into effect and at what levels

Now... will it continue to heat up? We shall see