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Drudge Retort: The Other Side of the News
Monday, January 20, 2025

President-elect Trump won't impose broad tariffs on Day 1 of his presidency, and instead will order reviews of trade and currency imbalances, the Wall Street Journal reported Monday.

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Global markets feared Trump would immediately make good on his campaign promise to place sweeping tariffs on U.S. imports, which could have sparked both inflation and a trade war.

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"The Journal got an exclusive look at Trump's memo, which orders federal investigations of trade deficits, alleged unfair trade practices and purported currency manipulation by other countries.

The memo directs specific attention to trade deals with China, Canada and Mexico and whether their terms are being honored.

"The memo could signal an overall more moderate approach, even as Trump continues to call tariffs "the greatest thing ever invented" and among "the most beautiful words" in the language."

'

People would be better off assuming that whenever his lips are moving, he's lying.

#1 | Posted by Corky at 2025-01-20 02:26 PM | Reply

So, keeping score:

- Grocery prices are not going to come down
- Not balancing the budget
- Border is not going to be sealed
- The Columbia River (giant faucet) is not going to be diverted to Los Angeles
- Ukraine war is not going to end
- No tarrrifs on Day One

#2 | Posted by REDIAL at 2025-01-20 02:28 PM | Reply | Newsworthy 3

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