this post was submitted on 12 May 2025
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[–] Roof_Roach@lemmygrad.ml 18 points 11 months ago* (last edited 11 months ago) (3 children)

So what’s the current understanding of Trump’s tariffs? Was it simple market manipulation and they never intended to keep tariffs on long term? Or did the Trump govt really think this was a good idea to bring back manufacturing without understanding how this would impact the US economy and are now running from the consequences?

[–] yogthos@lemmygrad.ml 18 points 11 months ago (1 children)

Market manipulation was definitely a goal, but I do think that the admin genuinely did not understand the balance of power.

[–] 201dberg@lemmygrad.ml 5 points 11 months ago

"He's a dumb jackass doing dumb jackass shit."

[–] cucumovirus@lemmygrad.ml 2 points 11 months ago

This blog has some very good analysis of the tariffs: article 1, article 2, and article 3.

[–] opus86@lemmy.today 8 points 11 months ago

I get the impression that Trump somehow thinks he's king of the world now and everyone needs to do what he says. He's acting like he's deluded himself into some kind of king like status.

[–] RedColossus@lemmygrad.ml 8 points 11 months ago* (last edited 11 months ago)

I’ve heard the theory that Trump 45 was mostly Ivanka and Jared Kushner while Mitch McConnell playing as the attempted puppet master (and in many cases succeeding). But now (for various reasons) they’re out of the picture, I think Trump 47, literally has no true plan nor ideology, he just wants to do whatever allows him to score victories.

He’s a “conservative” only by virtue of being both a billionaire and a sexist bigot, but he isn’t ideologically invested. He just wants to feed his legendary ego, that’s it.