Re: Sell off: Seven Steps of Trump's Tariff Playbook

[Bernardo de La Paz]

Marko Papic has nailed it. Papic's analysis tells him tRump and Xi are at stage 5.

Background: China imposed strict export restrictions on rare earth content of products, Wed China time. No reaction by tRump regime Thursday. At 11:00 am today Friday, tRump threatened new tariff taxes and measures. Market fell off cliff. SP500 down 2.71%. tRump has not announced any new tariffs, only wrote "calculating". He also said he now saw no reason to meet Xi as scheduled two weeks from now in SKorea. Nothing has been set as meeting or no meeting. Hence maybe stage 5.

1. “Ask for the moon” and open with “maximalist goals that are bordering on fantasy”.
2. Follow up with “madman” behaviour and overwhelming threats.
3. “Punch someone in the mouth” to back up your maximalist threats.
4. Break bread, make friends, start negotiations.
5. Leave the bride at the altar, causing negotiators to scramble to accommodate you.
6. Kiss and make up.
7. Make a deal, and proclaim it to be the greatest deal ever.

https://www.irishtimes.com/business/2025/04/05/the-seven-steps-of-trumps-tariff-playbook/

[Bernardo de La Paz]

1. Update: tRump posted new 100% tariff on China about 5 pm EDT , more threats. Maybe cycled back to stage 2. . . nt