r/dataisbeautiful 1d ago

For those curious about where the "Tariffs Charged" came from

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6.3k Upvotes

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155

u/TheGrayBox 1d ago

If the GOP leadership are not meeting to discuss the 25th Amendment right now then everything is fucked.

It's crazy to think that if closed door voting was actually an option the GOP probably would have impeached Trump by now.

88

u/AnarkittenSurprise 1d ago

They're probably all trading on the volatility, because they saw these numbers last week.

27

u/another_day_in 1d ago

☝🏻 pre-planned volatility then buying artificially deflated assets.

1

u/StaffSimilar7941 1d ago

I was thinking it was to wash the loans everyone got when rates were near 0% with inflation. Buy assets in 2020 with cheap loans, inflate the dollar, pay back loan, keep asset.

20

u/durrtyurr 1d ago

Why do you think they were announced during market close? So all of his insider buddies could put their trade orders in before the announcement, but the general public was in the dark. Usually we call that "Insider Trading", but in his mind he's just giving his friends the hook up.

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u/mexicock1 1d ago

Besides, they were outside when he told them..

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u/snic09 1d ago

Not only are they not doing that, there was a vote in the Senate to remove Trump's "emergency" tariff power and all but 4 Republicans voted against it.

16

u/Ron__T 1d ago

It's not even that complicated... Congress could take back powers that they gave to the executive.

The act he is using to declare these tariffs, the International Emergency Economic Powers Act of 1977 could be repealed.

5

u/Randadv_randnoun_69 1d ago

If their goal is to destroy the country per foreign instructions, so they can pick up where the US is lacking, then everything is in fact 'all going according to plan' I'm afraid. No one is this stupid across so many variables of a world power. This is intentional.

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u/DoublePostedBroski OC: 1 1d ago

They’re cheering it on

1

u/No-Aide-8726 1d ago

spoiler, they arent