Tuesday, May 27, 2025

Trump's Tariff Gambit

I know some of the tariff threats are part of the "art of the deal". Trump is using "huge" tariffs as a ploy to soften the position of the other side. Forty-seven also must be aware that the prospect of a trade war is sinking US stocks. I wonder if anyone in the President's inner circle is shorting the market. I would not have thought anything so untoward and ethically wrong could happen, if Trump had not hosted a fete for the largest buyers of his meme crypto-coin. Trump's actions also make me question if he has a vested interest more broadly in pushing cryptocurrency. There may not be a trade war, but in any event, I think Trump's close circle will end up richer. 

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