I’m amazed by the number of “very serious people” I’ve met in the corporate finance world who think this man is not an idiot. It’s like a movie where aliens take over people’s bodies and I’m starting to identify them one by one. I’m talking about well educated people. It has really taken me aback.

The rest of the world has all the cards... Shit, they got the whole deck at this point.

At this point the Trump admin is just trying to find the best way to back down without looking weak. They don't really have a plan to do so, they're just hoping some other shit storm takes center stage.

In the case of Australia, our government decided that it's not worth trying to secure a deal for a number of reasons:

• the whole world is in the same situation, and our tariffs are less than others, so others can do the heavy lifting
• we're not really adversely effected. We don't sell heaps of things to the US and they need to keep buying the stuff that we do sell.
• you can't really make a deal with someone who will discard the deal as soon as it becomes beneficial to do so.
• whatever concessions we might offer are better used in other negotiations.
• China is presently wooing us and we're more desirable since we've curtailed our long standing romance with the US.

The rubric is going to be similar for other countries.

If nobody bends over for Trump he will end up fucking himself.

That's how the world should be treating us. Fuck us.

I bet the 9 countries that have made a deal, wish they hadn't.

It's TACO Tuesday every day.

The world has moved on .... and they're all just letting the Taco Tot to play by himself in his play pen and let America deal with him.

Hey America! ... have fun baby sitting

More Taco stuff, then.

Trump posted on Truth Social, "As per letters sent to various countries yesterday, in addition to letters that will be sent today, tomorrow, and for the next short period of time, TARIFFS WILL START BEING PAID ON AUGUST 1, 2025. There has been no change to this date, and there will be no change. In other words, all money will be due and payable starting AUGUST 1, 2025 - No extensions will be granted. Thank you for your attention to this matter!"

TACO Grande!

It was Taco Wednesday after all.

Art of the deal! 🫲🍊🫱

Cue trump threatening the rest of the world with nukes because his feelings are hurt

Art of the deal is actually making the deal, not sealing the deal. And he's made a lot of deals! None of them good, most of them never sealed!

Do it, drive that damn dollar down. I've got almost all of my holdings offshore by now.

You know if they had just focused on problem countries with unfair labour laws I bet they could have achieved something

But when they go after everyone at the same time it becomes obvious that all you have to do is say no and wait for the American corporate machine to eat this administration alive.

Trump is a pedo

Aside from all of them being aggravating, the ones that truly infuriate me are the ones like he's using against Brazil... Mother fucker already corrupted the "justice" system in the US, now he's using economic terrorism to corrupt the justice systems of other fucking countries.

I can't wait to be able to piss on his grave.

Good ol TACO

TACOs for dinner again! 🌮🌮🍚🫘

On the plus side his English is great. I wonder where he learned to speak it.

Just watch him turn the screws on the first country that capitulates.

This dude can't even stand up to other country's saying no and he's supposed to be the grand fascist leader??

This really is a pathetic ideology.

lol king taco

🎼🎶TACO, TACO Don! I don't wanna be a TACO Don!🎹🎵

it's almost as if trump is an idiot

The market reaction is calm for now. It might not stay that way.

I am fairly certain that if Taco Don does or does not do anything by the 1st it is going to hurt the markets.

Taco Tuesday