Trump’s post immediately pushed down U.S. stock futures and European markets, with indexes in Germany and France plunging 2%.

Donald Trump threatened imports from the European Union with a sweeping 50% tariff Friday, posting online that trade talks with the bloc are "going nowhere."

In a post on his Truth Social platform, Trump wrote that he was "recommending a straight 50% Tariff on the European Union, starting on June 1, 2025."

Just minutes earlier, Trump had also threatened Apple with a 25% tariff if it does not start producing iPhones in the United States — an outcome industry experts broadly see as a nonstarter.

"The concept of Apple producing iPhones in the U.S. is a fairy tale," prominent tech analyst Dan Ives said in response to Trump's threat Friday.

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[–] 15 points 1 year ago* (1 child)

Makes sense, considering Taoism comes from China. The philosophy is "wu wei", which essentially means, "Action without Action."

https://en.wikipedia.org/wiki/Wu_wei

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  • [–] 19 points 1 year ago (1 child)

    I think here we call it. "Don't interrupt your enemy when he is busy destroying himself."

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  • [–] 11 points 1 year ago (1 child)

    Pretty sure that's a French thing (Napoleon), but maybe you're French and that's what you mean by "here."

    Sun Tzu also said something similar before Napoleon (Art of War, Ch 4-2):

    To secure ourselves against defeat lies in our own hands, but the opportunity of defeating the enemy is provided by the enemy himself.

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