Mark down March 3, 2025. That was the day Wall Street finally realized that US President Donald Trump was serious about tariffs. On Monday, the S&P 500 fell nearly 2 percent as Trump confirmed what we at the Atlantic Council predicted in February—that the tariffs on Canada and Mexico were not mere threats, but actually likely to be implemented. The stock markets continued to fall on Tuesday as investors processed the news.

    • JcbAzPx@lemmy.world
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      19 hours ago

      They somehow still thought there was an adult in the room that would stop the worst if it for them. The plight of the peasants is beneath them; which puppet is presiding over which plot of land is unimportant; but if you threaten their high score (net worth), then they start paying attention.