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.)
So tariffs go on consumer goods, so it’s like a consumer goods tax.
He has said before that he likes the idea of pre income tax America where tariffs paid for a small government.
Well, when you decrease income tax in favor of consumption tax, lower income folks tend to contribute more in that situation than rich people given how they spend most of their money on shit they need.
So it’s a wealth transfer, kind of boring once you realize their plan comes down to: more money for the rich, like, every single time…