On April 5,2025 10% Tariff took effect. Dow fell from 42000 on April 5th to 38000. On April 9th, Mr. Trump backed away from parts of his plan, announcing a 90 day pause on the reciprocal tariffs, and lowering the tariff rate to 10% for almost all nations. Stocks rose 8.4% on the S&P 500 and 7% on the Dow Jones Industrial. By May 5th the Dow rose to 41249. Later Europe was going to retaliate by imposing a tariff on the U.S on Monday April 14th. But Trump announced on Friday the 11th of April a 90 day pause, consequently the Eu back off for more negotiations.
Now what is this about? —money. Especially our investment accounts, which have taken a hit. I tried to take advantage of the European April 14th , imposition of the tariffs’ effect on the stock market and sold some stock to buy them back when the market drops on that day, as it did on April 5th but the illustrious one, decided to implement a 90 day pause, thus the market remained steady and even went up and caused a loss on my part and I presume on many others. This led me to think how many people in his entourage knew before April the 5th that he was later going to implement a 90 day pause and thereby cashed in by selling their stocks before or on April 4th and then buying them back at a great savings after the announcement. The DOW remained low until May 8th when it jumped up to 3249 points in one day. Some people made a lot of money. I would suggest the Justice Department investigate this because if people in-the-know took advantage of the situation and made money they may have committed a crime (securities fraud). This is called front running, having insider knowledge of what is going to take place and taking advantage of it. I feel confident in saying that many knew what he was going to do, simply because he doesn’t act alone, and it is unlikely he has that much knowledge of the complex situation tariffs involve. The fact sheet presented by the White House gives a detailed argument of and why Trump declares a national emergency. It concludes that tariffs work. I agree they do, but more importantly it is how you manipulate them to the advantage of all parties involved. The strategies used to get it done are wanting, as we can see from the chaos and suspensions of decisions made. I mentioned in an earlier article that 2025 members are so enthusiastic in their newly acquired powers that they are fumbling over each other to get things done and later realize they are doing a poor job. The administration’s actions, clearly, by the results of those actions, demonstrate a significant lack of insight and foresight as well as self-discipline in the affairs of state. What the hell, let’s just do what we want.
Eclecticwriter 