'Breathtakingly moronic': Trump relative slams the president's economic 'scheme'
A Trump family member has accused the president of trying to save face by playing financial Russian roulette with the American people through his "breathtakingly moronic tariff war."
In an article on her website, Mary Trump — psychologist and niece of President Donald Trump — claimed that Wednesday's stock market whiplash "capped a two-month streak of the most disastrous, ignorant, and quite frankly idiotic game of brinksmanship in American history."
She continued, "The man is a menace because he is at the end of the day so profoundly stupid, weak, and degraded. He knows it, too, in the terrifying depths of his unconscious, because, in order to save face and trick people into thinking he’s a tough guy, he worsened an already very bad situation by allowing the 125% tariff against Chinese goods to stand. This is yet more ostensibly inexplicable economic suicide."
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On Wednesday, after bond markets began to tank, President Trump reversed course on his tariff threats and announced a 90-day pause for America's trading partners. The resulting stock market surge proved to be "the biggest gain since 2008."
"I don’t think Donald crashed the market on purpose, but given his history of corruption and market manipulation, it shouldn’t surprise us that he was willing to go along with this scheme," Mary Trump wrote.
The president and his MAGA zealots took a victory lap for the market rebound, and Donald Trump bragged that his billionaire friends got "even richer" thanks to his actions. Some congressional Democrats, as well as Mary Trump, have accused Trump of "market manipulation."
"Just because the stock market erased a significant percentage of its losses yesterday, everything is not ok," Mary Trump wrote. "People have been suffering. Our trade alliances have frayed perhaps the point of repair. Global trade has been rocked in ways that will reverberate for a very long time. Essential products are more expensive. Inflation is on the rise. America’s reputation has been set on fire. Due to the almost unthinkable amount of chaos and uncertainty Donald has injected into the system, people panicked into making financial decisions that will likely harm, at least in the short-term. The harm has been done."