I think it's possible that given the fact that he has turned down mutual 0% deals from several countries, Trump statement that "these new tariffs will force 'foreign countries to pay for the privilege of access to our market'" may not indicate just a lack of understanding but may actually be the admission of what is either an entirely insane plan to actually insist that countries not only allow free trade but actually do pay the US, with cash or other commodities, to offset any trade imbalance (never happening), OR more likely, it's and admission that the tariffs are actually a gigantic grift where he hopes to make either individual businesses or even entire countries pay HIM (if not with cash then with investments or business advantages for his or his cronies' companies) for exemptions. I figured his stupid meme coin was just another scam to fleece his unwary supporters but it's looking more like it might have been set up as a method of laundering outright bribes.
That’s my thought, too. At least one individual and one company have already used his memecoin to bribe him into forcing the SEC to drop fraud cases against them. It’s the perfect vehicle for corporations and countries alike to bribe him for carveouts from these tariffs. 😔
I think it's possible that given the fact that he has turned down mutual 0% deals from several countries, Trump statement that "these new tariffs will force 'foreign countries to pay for the privilege of access to our market'" may not indicate just a lack of understanding but may actually be the admission of what is either an entirely insane plan to actually insist that countries not only allow free trade but actually do pay the US, with cash or other commodities, to offset any trade imbalance (never happening), OR more likely, it's and admission that the tariffs are actually a gigantic grift where he hopes to make either individual businesses or even entire countries pay HIM (if not with cash then with investments or business advantages for his or his cronies' companies) for exemptions. I figured his stupid meme coin was just another scam to fleece his unwary supporters but it's looking more like it might have been set up as a method of laundering outright bribes.
That’s my thought, too. At least one individual and one company have already used his memecoin to bribe him into forcing the SEC to drop fraud cases against them. It’s the perfect vehicle for corporations and countries alike to bribe him for carveouts from these tariffs. 😔
Great article, Breah! Clear-eyed, well researched and delivered with the perfect mix of wit and outrage. Keep ‘em coming!
Thank you, Chris!!