Summary
Commerce Secretary Howard Lutnick, a leading advocate for “Liberation Day” tariffs scheduled for April 2, faces growing criticism within Trump’s administration.
Sources indicate Lutnick will likely be blamed if the tariffs backfire economically, with insiders describing him as giving Trump “bad advice” and pushing “crazy” aggressive tariff policies, unlike Treasury Secretary Bessent’s more measured approach.
While White House spokesperson Desai maintains the administration is unified, corporate America fears significant economic damage.
Trump reportedly enjoys the uncertainty, expecting nations to “grovel” for deals to avoid punitive tariffs.
Corporate America:
“Oh no, we’ll only be able to buy up everything from the poor suckers at a bargain price!”
Companies don’t like uncertainty.
Capitalists and shareholders fucking love it though, that’s why there’s a Volatility Index fund you can invest in.
Every one of these little mini-craahes is like a fire sale for the rich. Watch it drop all day again today and then rally fifteen minutes before close.
Unless it falls all the way to floor.