There is an embedded assumption in the question that he does profit in some way from it, but based on his past behavior it’s a pretty safe guess.

Most of the reporting I have seen on this talks about the impact of the different tariffs, but not the “why” behind it (beyond parroting what Trump says, which is never true). I’m particularly interested in the tariffs on Canadian goods and energy. The justification about stopping fentanyl smuggling is an obvious lie. (It isn’t a real problem, and tariffs have nothing to do with drug smuggling. All but the mentally handicapped can figure that out for themselves.)

Edit: Thanks for the ideas. Causing shocks to the stock market and profiting from them sounds plausible. Using tariffs directly to extort business interests sounds even more likely.

BTW, I noticed that one of the commenters somehow changed their username after posting from “ComradeShark” (or something like that) to “Sharkfucker420” after I called him “Comrade” in my reply. I suspect that Russian influence farms didn’t shut down after the election. They’re still sowing discord on even niche social media platforms like Lemmy. (Also, rookie mistake on the username, brosky.)

  • @stoly
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    212 hours ago

    Presuming that the effect is as you say–that it could encourage domestic production, the real issue is how quickly it can take a supply chain to spin up. Remember that it really did take about 2 years for things to start up fully after lockdown, and that was when factories and such were already in existence. To do that here would easily take a decade presuming that there was sufficient investment.

    • Rhynoplaz
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      310 hours ago

      You’re completely right. I’m just telling you the pitch, I’m not telling you to buy it.