A panelist on MSNBC's "Morning Joe" called out the possibility that President Donald Trump and his high-ranking officials were engaged in "market manipulation" with his trade war.
The president has rattled global markets with his on-again, off-again tariffs against numerous U.S. trading partners. Sportswriter Pablo Torre told fellow panelists that Trump's comments about children making do with fewer toys were unintentionally revealing.
"The doll thing feels instructive because this is the language of toys," Torre said. "All of this feels like a toy to Donald Trump and his Cabinet, his 'Dr. Strangelove'-esque Cabinet of advisors. Market manipulation is what I think about when I hear them talk about you don't have to worry about this because they will know sooner than the rest of us what's going to happen, and we've seen what happens when they have a little bit of advance knowledge."
"There are moves to make, there are ways to profit off of the dip," Torre added. "There are ways to strategize ahead of the actual American people who did not vote for this as much as the tariffs, absolutely correct, Donald Trump has been saying that so clearly, this thing, the dolls thing, the, 'Hey, you might need to scale back.' It's just so obviously not what his voters chose."
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Trump did promise tariffs during his campaign, and his billionaire adviser Elon Musk promised sweeping cuts to federal spending, but Torre said they had found ways to benefit personally from the pain they were inflicting on others.
"The people who know what's coming won't have to [endure pain] in the same way, and that market manipulation, this whole, like, crypto casino-feeling economy, is where there's just an unmistakable vibe of corruption," Torre said. "Self protection as chaos is going to loom, and that's where Main Street certainly feels like an underrepresentation of how vast that damage and that anxiety is going to be."
Watch the video below or at this link.