Wednesday, April 9, 2025

Trump & the "Organized Chaos" of the Recent Tariffs Row

This past week has been an ulcer-creating week for poli-sci junkies like myself.... For weeks, Trump stood firm on his tariffs and levies, which he characterizes as “a beautiful thing to behold.” He declared: “We have massive Financial Deficits with China, the European Union, and many others. The only way this problem can be cured is with TARIFFS, which are now bringing Tens of Billions of Dollars into the U.S.A. They are already in effect, and a beautiful thing to behold. The Surplus with these Countries has grown during the ‘Presidency’ of Sleepy Joe Biden. We are going to reverse it, and reverse it QUICKLY. Some day people will realize that Tariffs, for the United States of America, are a very beautiful thing!”

Trump’s biggest tariff target is, of course, Red China, our largest trading partner after Mexico and Canada. China’s communist leaders, who promised to “fight to the end” against the tariffs, slapped an additional 34% tax on all U.S. imports last Friday. In turn, Trump implemented 100%-plus tariffs on China, and the ChiComs then matched that tariff increase. Don’t underestimate China’s reckless economic resolve – remember that five years ago, China dropped the most devastating economic bomb ever detonated on the planet — the ChiCom Virus pandemic.

The China tit for tat notwithstanding, the National Economic Council director and Treasury secretary both report in the last 48 hours, that more than 50 nations have reached out to the White House to negotiate — and I suspect the number is substantially higher.

In other words, Trump’s tariffs are having the desired effect, except with China, though I think the administration has fully anticipated the ChiCom response. (Patriot Post, 9 April 2025)

I'm of two minds here....on the one hand, the "organized chaos" of the past week or so proved necessary; given America's position as the world's largest economy/consumer base, no country can long stand against us economically. (This was proven by the over-50 countries that've come crawling back to the U.S. for tariffs' relief.)

On the other hand, anyone who owned either stocks, bonds and/or crypto I guarantee either exacerbated or go an ulcer from this week's "organized chaos"...

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