‘He who has the gold makes the rules’: Trump tells tariff critics he's US capitalism's 'greatest friend'

• I'm 49 years aged and person thing saved for status — what should I do? Don't panic. Here are 5 of the easiest ways you tin drawback up (and fast)

• Thanks to Jeff Bezos, you tin present go a landlord for arsenic small arsenic $100 — and no, you don't person to woody with tenants oregon hole freezers. Here's how

• Nervous astir the banal marketplace successful 2025? Find retired however you tin entree this $1B backstage existent property money (with arsenic small arsenic $10)

For Trump, the tariff combat isn’t conscionable astir economics — it’s astir leverage. “The aureate regularisation of negotiating and success: He who has the golden makes the rules,” helium wrote successful a follow-up post, further signaling that the tariffs are portion of a larger strategy to bring planetary rivals to the table.

And according to Trump, the strategy is working. He claimed that “many satellite leaders and concern executives” are already coming to him, seeking alleviation from the commercialized penalties. But Trump insisted these leaders “must close the wrongs of decades of abuse” — and warned that “it won’t beryllium casual for them.”

Still, not everyone is buying it.

JPMorgan CEO Jamie Dimon precocious warned that tariffs could substance ostentation beyond imported goods — noting that higher input costs and increasing request for U.S.-made products could besides propulsion up home prices.

Federal Reserve Chair Jerome Powell has besides sounded the alarm, noting that “higher ostentation and slower growth” are among the apt consequences of wide tariffs.

Even Nobel Prize-winning economist Paul Krugman has weighed in, informing that the unpredictability of Trump’s argumentation shifts gives the U.S. “better than adjacent odds” of falling into a recession successful 2025.

Whether Trump volition yet beryllium palmy oregon not, investors are preparing for a unsmooth ride, with galore fleeing U.S. stocks for much unchangeable options. If you’re looking to support yourself during the president’s large gambit, present are 2 cardinal assets to consider.

Markets person reacted nervously to Trump’s sweeping tariffs. While stocks person stumbled nether the value of uncertainty, 1 plus has stood retired arsenic a agleam spot: gold.