The FOSS Bangs a Uey

For days, Donald Trump and his White House team had insisted they were fully committed to their decision to impose sweeping "reciprocal" tariffs on dozens of countries. They even derided a report on Tuesday that said the president was considering a 90-day pause – news that triggered a brief stock market surge.

But now that pause on higher tariff rates, with a few notable exceptions, is a reality. The reordering of the global economic order is on hold, and Trump's promise of a golden age of American manufacturing will have to wait.

The White House has said that going big on tariffs and then hitting the pause button, before entering negotiations with individual countries, was the plan all along.

"The best thing that the Trump has done for Ameria is undo the incredibly stupid thing that he did." -- Jimmy Kimmel

Riiight. "I meant to do that" is a classic excuse to cover up an epic fuckup. Which is a description of Trump's trade war.

It's pretty clear what happened: Trump tanked not only the stock market, but also the bond market, as I pointed out before. He almost drove the global economy off a cliff and, thankfully, some people managed to convince his awfulness to turn the wheel and stomp the brakes.

But nobody knows what'll happen, which isn't good for the economy, as nobody with a grain of sanity is going to plan a large project, knowing that the FOSS might have some weird-ass whim and completely fuck things up again.
_____________________
FOSS = Felonious Old Syphilitic Sociopath