There is an embedded assumption in the question that he does profit in some way from it, but based on his past behavior it’s a pretty safe guess.

Most of the reporting I have seen on this talks about the impact of the different tariffs, but not the “why” behind it (beyond parroting what Trump says, which is never true). I’m particularly interested in the tariffs on Canadian goods and energy. The justification about stopping fentanyl smuggling is an obvious lie. (It isn’t a real problem, and tariffs have nothing to do with drug smuggling. All but the mentally handicapped can figure that out for themselves.)

  • humanspiral@lemmy.ca
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    5 days ago

    NATO/Asian allies of the US increased their sycophancy level to 11 under Biden. The most absolute evil neocon Republican the DNC could unleash on the US. Biden launched a war and propaganda campaign against Russia that made Russia stronger instead of weaker. US economy still did very well compared to its sycophantic colonies who sacrificed themselves for this evil.

    Instead of continuing a losing war, beating up the pathethic subserviant slaves seems like easy wars/domination in his mind. It is mostly an ego play, where pie in the sky manufacturing investments don’t need to materialize as long as there are press releases supporting him, or announced investments. US can go in a depression, but he will say US is doing amazing thanks to him because of those press releases, and UAW support even as he removes auto tariffs the next day.

    Europe is just cowering. Canada shamefully echoed the (state sponsored) terrorist designation of Mexican cartels which enables US war on Mexico, which is one big real win from the chaos. Where win = privilege of a war on Mexico. If he does cause an economic depression, surely that is Biden’s fault, and a war on Mexico will make it all better soon enough after the elections.

    It was a miscalculation to say that Canada will gladly become 51st state under governor Wayne Gretsky. The backtracking on tariffs the last 2 days will probably backtrack on energy tomorrow. Canadian hatred towards US is the miscalculation and permanent chaos.

    Causing shocks to the stock market and profiting from them sounds plausible.

    Currency markets offer 99% leverage, and being an insider to chaos direction is massive profit certainty. Grifters get to grift harder.

    Russian influence farms didn’t shut down after the election

    Pure loser disinformation. Trump hating you needs you to gaslight yourself/others into hating Russia instead. Need to combat Russophobia for your own sanity.