8/11/25
trump says this is a little deal. No this after firing the BLS economist is another step in the wrong direction.
: the act or practice of extorting especially money or other property
especially : the offense committed by an official engaging in such practice
Trump likes tariffs for their own sake, never mind any real objective or harm from them. It is a way to exert force in this Fight Fight Fight theme as Peggy Noon recently noted in her WSJ column.
what next the old Mafia observation, Nice place ya got here be a shame if anything happened to it.
Already Tim Cook at Apple is offering something for Trump to brag about, a big investment here rather than in China, to avoid the impossibility of building the apple watch here. So the NVDA deal is just an extension of a sort of new hush money to Trump desperation.
This is not a little deal, not at all.
Professor Elam 
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