It's stunning that Trump has left the 145% tariffs on China after all the pressure from Walmart, Home Depot etc.

[Quixote1818]

I keep thinking he can't be this stupid and not realize he is going to cause a major recession and see he is making it worse with each passing day as these insane tariffs, or more like an embargo, continue. I expected him to cave last week. I know he is afraid of looking week but this is so destructive to the American economy and so absurd it's mind blowing even for Trump who often caves to pressure and the pressure must be red hot from so many powerful people. Is his plan to just blame the recession on Powell being too slow to lower interest rates and on Biden and think people are going to buy that? On a scale from 1 to 100 of how crazy this is, I give it a 100. This may go down as the dumbest decision ever by a US President. Can anyone think of something more obviously worse as far as obvious broad damage to the US economy? Meanwhile the stock market thinks some obscure statement about China "possibly" being ready to do some talking, means the risk is gone so everything back to normal with 8 straight days of green on the markets. It's like the entire world has gone crazy in not understanding the gravity of what is going on.

I am interested in how long people think Trump might drag this one because I don't think China is going to blink. Is Trump willing to put us in another Great Depression? How do you all see this playing out? I'm seriously getting a bit freaked out that there is no way to stop this madman from driving us off a cliff.