Republican Megadonor Rips 'Bullsh*t' Trump Tariffs: 'I Don't Understand the Godd*mn Formula'
Source: MEDIAite
Apr 7th, 2025, 8:36 pm
Home Depot founder Ken Langone said he does not see the logic of the tariffs implemented by President Donald Trump last week.
In an interview with The Financial Times published on Monday, Langone let fly on the measures, which impose a minimum 10% tariff on virtually all imports. However, the president singled out dozens of countries for much higher tariffs, which are paid by companies that import the goods. Those higher costs are subsequently passed on to consumers. Markets have reacted bearishly over the last three trading sessions and have lost trillions in value as concerns about a recession are rampant.
Langone told the Times that Trump is being poorly advised and homed in on the 46% tariff Trump placed on Vietnamese products, calling them bullshit. The billionaire said the president did not seem to give serious negotiations a chance to work.
Forty-six per cent on Vietnam? Come on! said the 89-year-old. You might as well tell them, Dont even bother calling.
Read more: https://www.mediaite.com/trump/republican-megadonor-rips-bullsht-trump-tariffs-i-dont-understand-the-goddmn-formula/

chicoescuela
(1,959 posts)Easterncedar
(4,245 posts)The formula is intended to break the world economy and American influence to the benefit of Putin. If the orange goon skims some power and profit in passing, ok, but there is no actual nondestructive rationale to be found. FFS
Scrivener7
(55,329 posts)Trade deficits are called tariffs now.
Granted, that one was inadvertent. Ken's boy and his staff simply don't understand the difference.
3Hotdogs
(14,074 posts)Tough shit, Kenny.
IronLionZion
(48,481 posts)they go with their gut.
Wealthy understand when it hurts their businesses
k_buddy762
(41 posts)run this nation straight into the ground.
Marthe48
(20,443 posts)Can you see the 'f**k" in logic?
(There is no f**k in logic)
Say it with me: There is no f**kin' logic.
Never was, never will be.
What you have is stupid people acting on their lowest instincts, which is basically killer bees defending their nest.
Lonestarblue
(12,548 posts)Trump is a delusional old man who thinks the Gilded Age of robber barons controlling the economy and the government were the epitome of US greatness. He ignores the history following the Gilded Age because he is ignorant and refuses to learn anything at all, including that the Smoot-Hawley protectionist tariffs passed by Republicans in 1930 and not repealed until FDR became president made the Great Depression worse and last longer. Our history is rife with examples of how Republican policies make the economy worse, and indeed have caused most of the recessions in this country. Why cant we get that point across to voters? So frustrating.
mwb970
(11,824 posts)And he singled out ONE country for NO tariffs.
Guess which one!
Bengus81
(8,686 posts)started trying to kill off SS? How about when Medicaid has massive cuts to it in the budget? Did any of that bother you Ken??
FUCK YOU and Home Despot.
Hotler
(12,984 posts)Ray Bruns
(5,136 posts)Thats because Pete Navarros expert Ron Varo made it up moron
Blues Heron
(6,755 posts)Greybnk48
(10,517 posts)and duct tape (Duck Tape) or Saddam may kill us all with poison gas? That's what this asshole was hoping for. That Trump would cook up a stupid lie to cause everyone to panic shop...at HIS store...again.
Fuck you, Ken.
JT45242
(3,249 posts)Facsists eventually turn on the oligarchs who funded them and eat their faces too.
Often they steal the oligarch money as well.
It will be interesting to see how long before the oligarchs start losing real stuff or if they will try to launch a counter offensive.
No sympathy for this waste of human flesh.
RainCaster
(12,637 posts)And you can fight against the Village Idiot and his kabal.
ToxMarz
(2,353 posts)about anything trump does isn't paying attention and doesn't know him at all.
Yet they still voted for him.
Hmmmmmmm.
Might as well just stay home, you're too dumb to vote!
Mr.Bee
(616 posts)Billionaires become 'Not Sees'.
Miguelito Loveless
(4,904 posts)This is how you get a serf working class.
Grins
(8,231 posts)No one is advising him! Once he was inaugurated he - unlike his first shitty term - those around him became apparatchiks who were told want he wanted, their advise be damned. He PURPOSELY picked those around him for their willingness to do his bidding.
BumRushDaShow
(150,794 posts)Navarro and Bissent "advising" him on economic policies. It was to the point where even Muskrat said "whoa!".
bmichaelh
(774 posts)Incompetence is not just limited to Signal Chat.
Incompetence will continue.
This is made worse by his enablers in business, media, Congress and Supreme Court.
The tariffs are not being implemented strategically.
Also, DOGE cuts were not implemented strategically.
The tariffs are being enacted against countries that export products that the US will never produce like diamonds, coffee, and bananas.
Some feel this is about revenge and grievance.
NNadir
(35,573 posts)Karasu
(937 posts)Rebl2
(16,146 posts)It. There is zero logic. The only logic I can see is trump wants these countries to come to him and give him money personally to reverse the tariffs.
viva la
(4,052 posts)when I voted for the Face-eating Leopard Party, I assumed I'd be excepted!
Basso8vb
(850 posts)EthanBlue
(55 posts)You mean after the first 4 year crap show you didnt know who he was? Go fuck yourself. Youre only pissed because its finally affecting you.
JPK
(768 posts)Is made in China. FAFO, LOL.
pat_k
(11,142 posts)mdbl
(6,176 posts)ever since that moron started supporting the moron-in-chief.
EndlessWire
(7,712 posts)I'm not against people with money. All over the world, everybody needs money. We all pursue it, because we all need it. We are not on a barter system. We have symbols. It's been that way for a long, long time. But, what I'm against is people who would take food out of a kid's mouth. Someone who effs with someone else's money. That's not right. Etc.
At least he SAID something. He's scratching his head the same as we are. He's starting to get it. He could go bankrupt, ya know? But, this is a guy with enough money to make a difference. What if he decided to block rumpy? How far would he get? Farther than you or me.
I'm not saying he's a clean guy. Who knows what he did. But, anybody can wise up. I think it's positive that he's asking questions. Trump is destroying our economy. He's literally pulling our infrastructure down, and nobody knows why. Neither does this guy. You don't have to like this guy. I get it. But, we need at least a few really rich guys to complain loudly.
And, they will. I'll be spending my money on food and utilities. And, you? We won't be in the store to buy anything extra. And, soon they'll know it.
Cry me a river, indeed. There won't be any public parks to visit, so no one will need a canoe or camping gear. See how that works? We can beat this, but we have to dump the rump.
travelingthrulife
(2,060 posts)Rich people don't seem to lose anything when they go bankrupt. They just set up shop again and keep on going.
Canada Kid
(82 posts)You are a complete MORON...I don't care how much money you've managed to amass. 70% of the crap sold in your renovation centers are made in China. How could you not know this tariff garbage would not affect your bottom line. What assholes do you employ as your accountants and financial advisors that they did not warn and advise you of where this was all going. It's too late stupid! Bleed money and cry you idiot!