Australia’s chances of escaping America’s global steel and aluminium tariffs appear all but extinguished, with the US president reconfirming his commitment to a comprehensive tariff regime he argues will be “the greatest thing we’ve ever done as a country”.
“We’re going to take in hundreds of billions of dollars in tariffs, and we’re going to become so rich, you’re not going to know where to spend all that money,” Donald Trump told reporters on board Air Force One flying from Florida to Washington DC.
“We’re basically going to take back the money – a lot of the money that we’ve given away over many decades.”
I actually think I know how he plans on “legally” stealing the money for himself too.
Remember that sovereign wealth fund? I would bet dollars to donuts that he is going to funnel the tariff money into that. Then he uses that money to buy crypto, which pumps up the whole market including his coin. Then they sell off some of there crypto assets, rinse and repeat.