#TradeWar
The Art of the Trade War
#TradeWar
The Art of the Trade War
Trade wars are like awkward family feuds, but instead of yelling at Thanksgiving dinner, politicians slap each other with tariffs like they're in a passive-aggressive game of economic dodgeball. One country raises steel tariffs, another retaliates with a cheese embargo, and suddenly world leaders are arguing over dairy like it's a geopolitical episode of MasterChef. Meanwhile, politicians give dramatic speeches about "protecting national interests," which loosely translates to, "We have no idea what we’re doing, but it sounds patriotic." In the end, nobody wins—except maybe smugglers and black market avocado dealers.
Stocks Soar: Trump Tariff U-Turn Sends Markets into Orbit
- Wednesday, 09 April 2025
US stocks surged after President Trump announced a 90-day delay in tariffs for countries that hadn't imposed reciprocal tariffs, while raising tariffs on Chinese imports to 125 percent. The Nasdaq jumped over 12%, S&P 500 by 10%, and Dow by 7.9% - the biggest jumps since October 2008 during the Great Recession. Shares of companies like Nvidia, Apple, Microsoft, Walmart, Tesla, United Airlines, Delta Air Lines, and clothing retailers like Nike surged, with some stocks rising over 15%. The initial surge added trillions to the value of US stocks in just five minutes, providing a boost to Americans with investments in 401(k)s and indices.
