GeneralLee

So tech bros get their products excluded while small mom and pop businesses still get hit for the non tech goods? Not a good look for Trump.

We're saying drop the whole itinerary and do smaller towns instead.

Unless his wife loves big cities and hates the countryside, a much more slower paced trip to Tuscany/Umbria is the way to go.

Rushing through Italy, wasting 1/3rd to 1/2 your time in transit, is a very American thing to do. Italy demands that you slow down.

Those cities will be swamped with tourists that time of year. You should go off the beaten path a bit and see small to mid sized towns in Tuscany and Umbria provinces, seeing Volterra, Siena, Cortona, Assisi, Gubbio, Todi, Orvieto, Montepulciano, Pienza, and Pitigliano, Civita de Bagnoregio, Castiglioncello del Trinoro, and Monticchiello.

This is the way... free trade with the rest of the world and box out China.

Spend 1-2 nights in Florence and then spent the rest of the trip in: Volterra, Siena, Orvieto, and Todi. Way less tourists and a lot more authentic.

Nope. I have my kids 529 plans all in money markets , my parents investments are >80% money markets, and my investments are >80% money markets as well. Personally I hope the S&P drops 90%+ so I can reinvest and obtain generational wealth once the market recovers, but no way Trump survives with political capital if that happens so this is bigger than me.

It's going to collapse in the coming months until the tariffs are restructured significantly.

this is not gonna age well lol

What a ****show. I voted for Trump 3 times and this is still better than Harris would have been, but he is going to force America into a recession in Q2/Q3 of this year. He will get slaughtered in the midterms and we will lose the Senate at this rate.

Instead of some B.S. formula applied across every country, a much more strategic approach should have been taken. Tell a country that if they go to 0% tariffs, U.S. matches with 0% tariffs. Instead, the "50% discount" on excess tariffs other countries place on us actually incentivizes other countries to just ramp their tariffs higher on U.S. goods. And there is absolutely no penalty under this formula for a country to go from 10% tariffs on U.S. goods to 19.99% tariffs, as the U.S. counter tariff stays flat at 10% in that scenario. There's also no incentive for a country to go from 10% tariffs on U.S. goods to 0% as our counter tariff stays at 10% regardless.

Finally, he should have gone lighter on the tariffs on Taiwan/Malaysia/Vietnam as those are key countries to diversify away from China for our supply chain.

This is entirely unpredictable. Once the pump and dump stops, this will be sub $10 in no time. The fact an insane run happened in a macro this bloody is quite fascinating.