Donald Trump’s tariff disaster spirals out of control

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“President Donald Trump” is becoming the King of Tariffs and also the King of Fake Tariffs. As Palmer Report wrote, the new Trump deal with Mexico is a fraud, even amid reports that Trump recently contemplated tariffs on Australia. Not to be deterred by real news of what a fraud his Mexican “last minute” deal was, Trump took to Twitter on Sunday with a long, rambling series of tweets about Mexico, tweeting:

“Another false report in the Failing @nytimes. We have been trying to get some of these Border Actions for a long time, as have other administrations, but were not able to get them, or get them in full, until our signed agreement with Mexico. Additionally, and for many years, Mexico was not being cooperative on the Border in things we had, or didn’t have, and now I have full confidence, especially after speaking to their President yesterday, that they will be very cooperative and want to get the job properly done. Importantly, some things not mentioned in yesterday press release, one in particular, were agreed upon. That will be announced at the appropriate time. There is now going to be great cooperation between Mexico & the USA, something that didn’t exist for decades. However, if for some unknown reason there is not, we can always go back to our previous, very profitable, position of Tariffs – But I don’t believe that will be necessary. The Failing @nytimes, & ratings challenged @CNN, will do anything possible to see our Country fail! They are truly The Enemy of the People!”

In that ramble, Donald Trump speaks of “things not mentioned” that were “agreed upon” and “will be announced at the appropriate time.” Most were skeptical that there is anything undisclosed about the deal, as Trump repeatedly lies about everything, leading some to wonder if intentional market manipulation is taking place. One thing is for certain – Trump is imposing a tariff on our sanity as a nation.