So a pump and dump is where you artificially inflate the value of a company’s shares and then sell it when the value is high. Did Trump do the opposite, sometimes called a poop and scoop?A poop and scoop is where you purposely devalue shares in order to quickly buy them out at a low price, knowing the market will rebound relatively quickly. Did Trump use tariffs to crash the market so his friends could make a big profit?https://www.reddit.com/r/stocks/comments/1k1u1jp/did_the_trump_administration_do_a_poop_and_scoop/Posted by wish-i-had-pizza
Trump brags he ‘rewarded’ farmers with $28bn in taxpayer aid after his first damaging tariffs. He’s set to do it againhttps://www.independent.co.uk/news/world/americas/us-politics/trump-tariffs-farmer-billions-taxpayer-funds-b2734026.htmlPosted by Majano57
'Booking volumes from the last week of March to first week of April across global and U.S. trade lanes plummeted. There were sharp decreases in bookings across several categories, including apparel & accessories; and wool, fabrics & textiles, both down over 50%. Major product categories from China that are moved in containers include apparel, toys, furniture, and sports equipment, all of which are subject to steep tariffs. As a result of the decrease in containers, ocean carriers will not only cancel vessels, but also adjust or cancel vessel routes commonly called “vessel strings,” such as the ONE service from China
https://michiganlawreview.org/journal/yoshida-international-inc-v-united-states-was-the-1971-import-surcharge-legally-imposed/ On August 15, 1971, President Nixon announced the imposition of a ten per cent ad valorem surcharge on all dutiable imports. According to the President, the surcharge was necessary because an overvaluation of United States currency had created a situation in which United States imports were increasing faster than exports, contributing to a balance of payments deficit. Sound familiar? The president complains about a trade deficit, and other countries weak currencies, and declares a 10% surcharge on all imports, to balance the trade deficit. This was later struck down by courts: https://www.nytimes.com/1974/07/09/archives/court-says-nixon-exceeded-power-on-import-surtax-ruling-could-bring.html In a decision that could lead to
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I almost want to put a trigger warning here because I’m going to ask what it will practically look like when our economy collapses. Once America’s dollar ceases to be strong because of the coordinated bond sell off by Canada, the EU, and other nations, the overall low confidence, and an authoritarian regime, how soon will that loss of buying power reflect on prices and infrastructure? I don’t think Congress is going to save us. So in the worst case scenario, what will that look like for the poor and middle class? In my mind, it could be immediate, but
'President Donald Trump said he was reluctant to continue ratcheting up tariffs on China because it could stall trade between the two countries, and insisted Beijing had repeatedly reached out in a bid to broker a deal. Trump, speaking to reporters in the Oval Office on Thursday, said officials he believed represented the Chinese leader Xi Jinping had sought to start talks.'https://www.bloomberg.com/news/articles/2025-04-17/trump-says-he-is-reluctant-to-keep-raising-tariffs-on-chinahttps://www.reddit.com/r/stocks/comments/1k1pan2/us_says_they_are_reluctant_to_raise_chinese/Posted by Ok_Travel_6226
Nearly $1 billion of Musk-DOGE ‘savings’ simply vanish overnight: More than $900 million in claimed ‘savings’ were quietly removed from DOGE’s ‘wall of receipts.' Ariana Baiohttps://www.the-independent.com/news/world/americas/us-politics/doge-savings-website-millions-vanish-b2735173.htmlPosted by RichKatz
#tesla #exodus #elonmusk #stocks
“Tesla is in the midst of a customer exodus. According to new data from Edmunds, folks are leaving the fleet faster than ever, with trade-ins up 250% year-over-year in Q1 2025. Yes, that's not a typo. Two-hundred and fifty percent.”
https://insideevs.com/news/756848/tesla-trade-in-250-percent/