Trump FREAKS OUT Markets with LATE NIGHT NEWS
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What did Donald Trump announce on social media that sent markets into panic?
Donald Trump is sending the markets into an absolute panic after announcing via social media that he will be imposing massive tariffs against our top trading partners, Mexico and Canada, and that he will also be imposing massive tariffs on China. After Donald Trump made these social media posts, the Dow futures went down significantly. Secondly, just take a look at what he posted. Let's take a look at the impact of these posts. Trump says he will implement a 25% tariff on Canada and Mexico on all products coming into the United States on his first day taking office. When you take a look at what he says, he goes, as everyone is aware, thousands of people are pouring through Mexico and Canada, bringing crime and drugs.
Levels never seen before. Right now, a caravan coming from Mexico composed of thousands of people seems to be unstoppable. Pause there for a second because I thought it was stoppable. Wasn't the media reporting that all of these caravans turned around and went the other way when they found out Donald Trump won the election? Oh, I just guess that's another lie right there. It goes on to say on January twentieth, as one of my many first executive orders, I will sign all necessary documents to charge Mexico and Canada a 25% tariff on all products coming into the United States. Again, that's not how tariffs work. You're not charging them. You are imposing the tax on American companies that pass this on to consumers.
That's not what a tariff is not imposed on them. It goes on to say this tariff will remain in effect until such time as drugs, in particular fentanyl and all illegal aliens, stop this invasion. of our country. I think about eighty-eight to ninety percent of the fentanyl coming into this country comes from Americans. More on that in a little bit. Then Trump followed up with that post attacking Canada and Mexico, our top allies, by then attacking China via social media, saying that the U.S. will be charging China an additional 10% tariff above any additional tariffs on all of their many products coming into the United States. Again, you're not charging them. You're quite literally charging American corporations.
So just take a look at these back-to-back posts by CNBC. So first CNBC said stock futures inch higher on Monday after Dow closes at another record. And they were crediting in the article Donald Trump's Treasury Secretary pick.
How did the Dow futures react immediately after Trump’s tariff announcement?
who was a George Soros protege, turned hedge fund manager, But then after Donald Trump via social media posted about tariffing Mexico, Canada, and China, now the stock future slipped. Um it goes after Dow closes at another record. Like all you had to do was Is do literally nothing and let Biden's economy roll? But no, he's incapable of doing that. So then Bill Ackman, a billionaire who's perpetually on Twitter whining and complaining, he posts the following: To be clear: according to Trump, the 25% tariffs will not be implemented, or if implemented, will be removed once Mexico. Mexico and Canada stopped the flow of illegal immigrants and fentanyl into the US. In other words, at real Donald Trump is going to use tariffs as a weapon to achieve economic and political outcomes which are in the best interest of America, fulfilling his America first policy.
As our editor-in-chief Ron Philipkowski writes, here is Bill Ackman, a billionaire friend of Donald Trump, trying to talk his other billionaire rich friends off the ledge before markets open tomorrow. After Trump announces tonight, it's when that happened last night, that he intends to impose massive tariffs on Canada, Mexico, and China. They'll have to make excuses for him. He really didn't mean this. What he was trying to actually say was this: if you are the president of the United States and you're making a responsible post via social media that people have to interpret. And by the way, I read what Donald Trump posted. I see how dangerous it is. You see how dangerous it is. And it's based on a false premise to begin with, because most fentanyl that comes into the United States is coming from.
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Chapters
7 chapters
1
What did Donald Trump announce on social media that sent markets into panic?
0:00–2:44
2
How did the Dow futures react immediately after Trump’s tariff announcement?
2:44–6:29
3
What are the details of the 25% tariff Trump proposes for Canada and Mexico?
6:29–8:50
4
Why does the host say Trump’s tariff plan is a tax on American consumers?
8:50–11:33
5
How could retaliatory tariffs hurt U.S. farmers and exporters?
11:33–14:12
6
What are billionaire Bill Ackman’s and Elon Musk’s reactions to the tariff threat?
14:12–15:04
7
What are the projected long‑term economic consequences of a new trade war?
15:04–15:12
Speakers
4 identifiedMore from The MeidasTouch Podcast
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