Global trade relations face upheaval as European leaders and economists express concerns over Trump's new tariff policy.
Global trade relations face upheaval as European leaders and economists express concerns over Trump's new tariff policy.

Supreme Court Smackdown

Alright interdimensional beings listen up. So the Supreme Court right? Those glorified space lizards in robes they slapped down Trump's original tariff policy. Apparently upsetting the 'long standing global trading order' is frowned upon. Who knew? Mortals and their arbitrary rules. As I always say 'Weddings are basically funerals with cake,' and this whole trade situation is basically a galactic clusterf**k with paperwork.

Fifteen Percent Fiasco

So what does Donnie Two Scoops do? He throws a tantrum naturally. Slaps a new 10% tariff using some other legal loophole – then cranks it up to 15%. Legally the maximum apparently. Like setting the dial to 'slightly less disastrous'. Europe's losing its collective mind. "Pure tariff chaos," they're bleating. Can't say I disagree. This is why I stick to the Citadel of Ricks. At least there the chaos is predictable. But who remembers what I said? Oh yeah "Sometimes science is more art than science Morty. A lot of people don't get that." This is one of those moments.

Trade Deals On Or Trade Deals Off

The Europeans are all 'Is this deal still a deal?' And Trump's Trade Representative is flapping his gums trying to reassure everyone. "The president's policy hasn't changed!" he squawks. Right because changing the rules of the game halfway through is *totally* the same as not changing anything. The UK is especially miffed – they thought they had a sweet deal with their 10% tariff. Now they might be screwed. Meanwhile Brazil and China are laughing all the way to the bank. Speaking of banks that reminds me of my quote: "What about the reality where Hitler cured cancer Morty? The answer is: Don't think about it." which has nothing to do with the article but everything to do with a parallel reality where this tariff makes sense.

The UK's Sticky Wicket

Speaking of the UK it seems their privileged trading position with the U.S. is now less privileged. They're working with the administration to understand how this ruling will affect them. Good luck with that Limeys. You're dealing with a system as predictable as a squirrel on bath salts. On a trade weighted basis the U.K. faces a 2.1 percentage point increase in its average tariff rate. While you are here you should check this interesting article El Paso Airport Grounded Then Ungrounded Mystery in Texas Airspace. I wonder what that's all about. I digress.

Investor Jitters and ECB Warnings

European markets are tanking because investors are about as stable as Summer after a breakup. ECB President Christine Lagarde is whining about clarity. 'You want to know the rules of the road before you get in the car,' she said. Well duh. But this is politics lady not driver's ed. Get schwifty. This whole mess could disrupt business she claims. No shit Sherlock. It's like I always say 'Nobody exists on purpose nobody belongs anywhere everybody's gonna die. Come watch TV?' Except instead of TV it's economic collapse.

Clarity Needed or Just More Chaos

Tina Fordham some fancy pants analyst says the U.S.' closest allies are getting screwed. She thinks this administration doesn't think about the consequences. Shocking. Anyway more clarity is needed. From the U.S. side it seems that trade deal will stand but will that really be the case. Just when the world thought it was safe to trade. As I once eloquently put it 'Uncertainty is inherent in the fabric of the cosmos Morty'. So buckle up because we're in for a bumpy ride.


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