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Donald Trump's Strategy #money #viral #election


less than 1m read
·Nov 7, 2024

Now you got to tell me about Taiwan Semiconductor. They are sharply lower this morning, and I think I know why. It's got something to do with Donald Trump, hasn't it?

Uh, it all started in the NATO discussions in the first mandate Trump had when he asked for everybody to pay their tithe of 2%. Of course, a lot started to comply because they realized he was serious. The same thing's happening here in foreign policy.

But I would caution everybody to understand Trump's strategy is to use tariffs and these kinds of decisions as weapons to negotiate better deals, and I like that a lot, particularly with China, because we need a reciprocal relationship with them.

He will squeeze them now that their economy is starting to slow and suffer with tariffs, but that is not the long-term objective. It's to get a reciprocal arrangement.

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