Sunday, April 06, 2025

Balancing The Books

We had to lose that $6 trillion in order to…get it back again? AI didn’t do it. Trump did it. He announced a week before that he was going to put tariffs on the whole world. He even put them on a joint U.S./U.K. military base. So the U.K. couldn’t…? I can’t even….
Lemme get this straight...

Howard Lutnick says that they put tariffs on the "Penguin Islands" (which isn't even a country) because Trump is worried about countries circumventing his tariffs by going through other countries.

But he didn't place any symbolic tariffs on Russia and only levied the minimal baseline 10% tariffs on countries like Turkey, the United Arab Emirates, Armenia, and Georgia that Russia uses to circumvent sanctions.

Got it.
Lutnick is channeling Trump. Trump’s genius is far beyond mortal understanding. Ummm... not lately.

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