Donald Trump has been a basket case this entire week, and it’s only getting worse. For anyone who thought Trump might actually give the country a short break from his insanity, Trump made sure to thoroughly obliterate all hope.
Just a few days ago, Trump single-handedly crashed the economy and made the Dow plummet hundreds of points — twice — when he announced his proposal to impose tariffs on steel aluminum despite all warnings from officials not to. Now that he’s been thoroughly blasted by both Democratic and Republicans for this horrific decision, Trump is lashing out and raging on Twitter to make the problem even worse.
Ignoring all advice from world leaders, trade groups, economists, and his own team, Trump went on Twitter today to have one of his infantile meltdowns — and did so by threatening an auto industry trade war with the European Union, causing yet another crash in the stock market.
If the E.U. wants to further increase their already massive tariffs and barriers on U.S. companies doing business there, we will simply apply a Tax on their Cars which freely pour into the U.S. They make it impossible for our cars (and more) to sell there. Big trade imbalance!”
Let’s not forget how hard former President Barack Obama worked to save the economy from collapsing. Here Trump is, hell-bent on destroying it. If Trump follows through with this, the entire auto industry in America will collapse.
Cody Lusk, president of the American International Automobile Dealers Association, said:
These proposed tariffs on steel and aluminum imports couldn’t come at a worse time. Auto sales have flattened in recent months, and manufacturers are not prepared to absorb a sharp increase in the cost to build cars and trucks in America.”
Obviously, this will have devastating consequences. Jean-Claude Juncker, president of the European Commission, has already stated that the E.U. would retaliate by imposing tariffs on products made in the U.S.A such as Harley-Davidson motorcycles, Kentucky bourbon whiskey, and jeans. And still, Trump doesn’t give a damn.
If this is Trump’s own sick way of making sure that he ruins the legacy that Obama left behind, his jealousy has just reached an entirely new pathological level.
Featured image via Ralph Freso/Getty Images