Tariff Man and his tariff plan cause market plunges

[eyecu2]

All the dumbass Red hats, and people who don't think that Trump and his family are grifting, should realize that as soon as he mentioned he was going to change tariffs from 10% to 15% (AGAIN), that markets would shit the bed. They did. Imagine the planning that was done to ensure that leverage against increases/ aka shorting the overall makt or even things like crypto were taking place.


How the fuck can anyone not look at this a ruse to affect markets and force fluctuating? You know that asshole Lutnick likely not only bet on the drops but on alternative sites like Kalshe?

Every fucking one of these cock suckers needs to have a proctologist looking at their accts and any increases on or off shore for big increases. Apparently Lutnicks kids did a gamble on those and Kantor Fitzgerald did leverage bets against those trades


How is this remotely legal??

WTF?

Anyone in a trusted position within this Administration should be thoroughly reviewed for violations and insider trading.

It's insane to be able to sit and just ask if this actually happened...but it did.

[eyecu2]

Originally Posted by The_Waco_Kid

did this happen?


https://www.cbsnews.com/news/tariffs...CNM-00-10aab4i


Dow closes down more than 800 points as AI and tariff risks rattle investors

By Mary Cunningham

Updated on: February 23, 2026 / 5:05 PM EST / CBS News <= after market close


"Stocks slumped on Monday as jittery investors digested President Trump's plan to raise global tariffs to 15% and amid renewed concerns about the impact of artificial intelligence apps on the technology industry."


"The Dow Jones slid 822 points, or 1.7%, to close at 48,804, while the S&P 500 fell 72 points, or 1%. The tech-heavy Nasdaq Composite dropped 1.1%."


fearing the worst TWK rushed to the interwebs and checked two of my investment accounts (wealth account, IRA) and was shocked! SHOCKED to find i'm UP 22k since last week.


the market is already closed for the day. i checked and i'm up 22k.





buckle up for what? more lawfare over tariff powers Congress delegated to the president? sounds exciting

Sure you are.....sure. I cashed out on Friday but even leveraging 80k I was up only 3% for some medical companies.

Name your big increases ...most places were negative for the day yet you're up 22k. Baloney. You would have to have moved 300k plus into a small handful of stocks, so do tell what you magically did. Even Eli Lilly was only up 3.%. that would cover 1/2 your nut increase....what was the rest?

I'm sure that they weren't shorts etc, but tell us all so we know how bad ass a trader you are

[bambino]

Chuck Schumer absolutely LOSING IT on the Senate floor after SCOTUS green-lights President Trump’s new tariffs!

The brief Democrat “victory lap” just imploded spectacularly. ��

“For a BRIEF moment, we were relieved!” — Schumer, right before realizing the backfire is GLORIOUS.

Trump’s trade leverage is stronger than ever.
Cry more, Chuck! ������

LMFAO — this is peak backfire!

https://x.com/teamtrump47/status/202...265096113?s=42

[HDGristle]

Senator Kennedy has an interesting take. Wants Dems to be careful what they wish for on refunds because the economy would roar if the government returned 150 billion to 400 billion amd that would benefit the GOP in his mind.

That's one interesting attempt to play checkers and pretend it's 4d chess.

The IEEPA tariffs were illegal. They did not pull on $150 billion to $400 billion. He's inflating the top end via a conflation over total tariff revenue. The refunds would go to importers not the majority of voters. Very little expectation of lowered cost for the avg American.

At least he's low-key admitting that the tariffs constrain growth. The rest is kinda iffy.

[HDGristle]

Bessent was squinting quite hard as he blasted Maya MacGineas and the Committee for a Responsible Federal Budget for their math not matching up with his math on tariff impacts to the budget. He's in a damn tough position to sell the sack of shit he's been tasked to sell

https://fortune.com/2026/02/23/scott...ld-be-ashamed/

[lustylad]

Originally Posted by HDGristle

Senator Kennedy has an interesting take. Wants Dems to be careful what they wish for on refunds because the economy would roar if the government returned 150 billion to 400 billion and that would benefit the GOP in his mind.

That's one interesting attempt to play checkers and pretend it's 4d chess.

We both know Sen. Kennedy (R-LA) would demolish you at both checkers and 4d chess. And he would make us laugh while doing it.

Originally Posted by HDGristle

The refunds would go to importers not the majority of voters. Very little expectation of lowered cost for the avg American.

OMG! Wouldn't that be terrible if the refunds were paid out to average Americans, eh Gristle? It would be like a tax cut or a stimulus check, right before the mid-terms. Trump might even put his picture on the checks. Can't allow that to happen.

Question - how do you justify letting importers pocket 100% of any refunds? Jayzee keeps telling us tariff costs are borne 100% by US consumers, 0% by US importers and 0% by foreign exporters. Something ain't right here, Gristle.

[jayzee43]

It's not me saying that, it's the data. The economic experts who warned that this would happen are telling us. I know facts are a little hard to come by in the MAGAverse, but thems the facts.

The prices of everything keep going up, thanks to trump's idiotic and wholly unnecessary tariffs. Fact.

By the way, it's not 100%, it's between 90-95%.

[lustylad]

Originally Posted by jayzee43

It's not me saying that, it's the data... them's the facts.

By the way, it's not 100%, it's between 90-95%.

Huh? First you insist the data says "them's the facts" to 100%. Now you say it's only 90-95%? Make up your mind.

The question of who is bearing the incidence of the tariffs was examined by lots of economists. You cherry-picked one study out of many. Other studies found a significant portion was absorbed by exporters (who lowered prices) and importers (who didn't fully pass along tariff costs).

Btw - Economists don't usually claim their conclusions to be "facts". They try to measure strength of correlations. Think degrees of confidence, not absolute truth.

But of course, I understand your need to mischaracterize tentative, non-peer-tested, cherry-picked findings as "facts". Otherwise you wouldn't be able to say silly things like this, would you?

Originally Posted by jayzee43

I know facts are a little hard to come by in the MAGAverse...

[HDGristle]

https://finance.yahoo.com/news/live/...184403527.html

The new 10% 122's are going into effect. Will be interesting to see if Tariffman gets in the other 5% before a new lawsuit gets filed.

[jayzee43]

Originally Posted by lustylad

Huh? First you insist the data says "them's the facts" to 100%. Now you say it's only 90-95%? Make up your mind.

The question of who is bearing the incidence of the tariffs was examined by lots of economists. You cherry-picked one study out of many. Other studies found a significant portion was absorbed by exporters (who lowered prices) and importers (who didn't fully pass along tariff costs).

Btw - Economists don't usually claim their conclusions to be "facts". They try to measure strength of correlations. Think degrees of confidence, not absolute truth.

But of course, I understand your need to mischaracterize tentative, non-peer-tested, cherry-picked findings as "facts". Otherwise you wouldn't be able to say silly things like this, would you?

Bullshit. I never said 100%. I have posted studies like this, though.

Originally Posted by jayzee43

Americans Have Paid For 96% of Tariff Costs, Study Finds

https://www.investopedia.com/america...finds-11888852

People who know far more about this than you or I (and sure as shit know more than trump) are conducting studies that find we are paying anywhere between 90-96% of trump's dumbass tariffs.

But, do go on insisting that trump knows more than the experts. It's adorable. By the way, 96% is damn near all of it. Not sure why you'd quibble about 4%. That's like Maggie dumb.