even the WSJ is mocking this latest TACO, lambasting Trump over his decision to allow tech giant Nvidia to sell its H200 chips, a powerful AI processor, to China in return for 25 percent of the sales. Why is Trump giving an adversary access to advanced AI semiconductors—and for what in return?
Trump Loses It After Murdoch's WSJ Calls Him a Sell-Out Trump blew his fuse on Thursday after the Rupert Murdoch-owned Wall Street Journal highlighted U.S. weaknesses in the race for AI dominance against China.
Trump 2.0's ill-conceived tariffs have ushered in ever-mounting public outcry of rising cost of living, beef/oil/groceries, etc, leading to constant TACOing. Monthly tariff revenue falls for the first time since Trump 2.0's April 2025 roll-out Over the last few months, the monthly increase in tariff money collected by customs has slowed, but November’s total marked the first month with collections lower than the previous month. Cost-of-living crisis has helped the Dems to impressive wins in the 2025 mid-terms elections; it has pushed the administration to announce more roll backs of a number of food-related tariffs in mid-November. Those included tariffs on coffee and bananas, which the U.S. does not readily produce. The reversal also included tariffs on beef, a household staple whose cost has soared this year. And while consumers may not yet be seeing a drop in retail prices for these items, it appears that Trump’s tariff reversals have already started to impact the government's bottom line. Through late September, the most recently available data shows that about $90 billion of the $174 billion in tariff money collected up to that point was done via presidential authority granted under a law called the International Emergency Economic Powers Act, or IEEPA. The future of a large swath of Trump’s tariffs also hangs in the balance at the Supreme Court. If the Supreme Court finds that IEEPA did not, in fact, grant Trump the power to impose those unilateral tariffs, and the court strikes them down, it’s possible that most or all of the import taxes collected under the IEEPA law would need to be refunded to the importers who paid them. This would wipe out a significant amount of the tariff revenue that has been collected this year.
stupidity to doing the same thing and expecting a different outcome; the most vivid egs have been Trump's ill-conceived tariffs wars against China. one would have thought that he had learned from his trade war scars from Trump 1.0. he didn't. the 78-yr old dotard started another trade war without addressing the thorny issue of rare earth minerals. some 9 months after his so-called liberation day, Trump 2.0 is desperately trying to break China’s monopoly on rare earths, but can’t cut deals fast enough to catch up
