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Jon Markman 🛸 Profile picture
@jdmarkman
Apr 9 • 15 tweets • 5 min read • Read on X
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Donald Trump thought he was smarter than his Harvard advisor.

So he ignored his advisor's warning & raised China’s tariff from 2% to 54%.

Now Americans have to pay $3,800 per year–just to cover Trump’s mess.

Here's how Trump's arrogant error is DESTROYING America's economy:🧵 Image
It started with a brilliant plan:
Harvard economist Stephen Miran designed Trump’s trade policy.

His idea? Use tariffs to:
• Bring in money for the U.S..
• Keep prices stable for Americans.
• Push other countries to trade fairly.

But something went terribly wrong...
Stephen Miran’s plan followed 3 simple rules:

1. Make the dollar stronger to cancel out tariff costs
2. Raise tariffs slowly—2% at a time, up to 20% (no shocks)
3. Make it easier for U.S. companies to sell abroad

Wall Street loved this plan. But then came the shock... Image
Trump completely ignored the rules:

Instead of gradual 2% increases, he dropped a bomb:
• 54% on China
• 25% on South Korea
• 24% on Japan, & 20% on EU
• 10% minimum on everyone else

All at once. No warning. Markets panicked.
Why? Because instant massive tariffs break the entire model.

The plan only worked if other countries had time to adjust their currencies and absorb the costs.

But with no time to adjust, guess who pays the price?

You.
The Yale Budget Lab estimates:

The avg American household will lose $3,800 per year from Trump's tariffs.

And prices are expected to rise 2.3% across the board.

Wall Street is already preparing for a global trade collapse.

But there's one thing no one's talking about: Image
Trump needs a win - and fast.

He’s got thin control of Congress until 2026.

2025 is his one shot to reset global trade.

But crashing the global economy isn’t the legacy he should leave.

So what's next? 3 things can happen:
1. More Retaliation
China just replied with a 34% tariff on U.S. goods.

They’re also limiting exports of rare earth minerals needed for:
• Defense
• Aerospace
• Medical technology

U.S. companies get hit the hardest since they rely on global demand.
2. Global Rebalancing

Trump wants to bring manufacturing back to the US.
But trading partners are forming alliances:

• China, Korea, and Japan are talking
• Europe-China trade discussions

This makes it harder for the U.S. to call the shots. Image
3. Trade Negotiations

Vietnam is already talking about cutting tariffs to zero.

They're now Asia's favorite trading partner after Trump’s 2018 China tariffs.

If Trump makes a deal with Vietnam (who has close ties to China), markets could stabilize. Image
But no one is talking about one thing:

This isn’t like 2008 or 2020.
It’s not a crisis that happened—it’s a choice.
Trump’s choice.

But people forget his real superpower:
He knows how to declare victory—even when nothing’s won. Image
Trump needs economic growth for his legacy.

He can't run again in 2028.

He’s likely to pivot (he’s done it before).

And right now?

The market's giving you a discount on the world's best businesses. Image
So if you wanna know about which businesses to focus on...

Or if you're confused about what to do next...

I analyzed Trump's Tariff policies & made a FREE PDF Guide with advice for what to do next.

You can get it here (+ FREE bonus weekly insights):
landing.markmancapital.net/trump-tariffs
Credits (YT):
• Trump's Chief Economic Adviser on Tariffs, Trade, Economy
• CNN Shorts: Trump hikes tariffs on China to 54%
• Why Trump's tariff chaos actually makes sense
• Trump threatens additional 50% tariff on China as trade war escalates

Images from Kare & X
Thanks for reading!

I'm Jon Markman:
• Founder & President of Markman Capital
• 2x Pulitzer Prize Winning Journalist & Investor
• Obsessed with turning market trends into action

Follow @jdmarkman for more insights.

Repost for your network! 🔄

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More from @jdmarkman

Jon Markman 🛸 Profile picture
Apr 10
China & Saudi Arabia just started a bidding war with American companies.

Not over land or oil, but over something far more dangerous.

A resource that controls what you see online.

But Nvidia owns 96% of this resource.

Here's what it is (& why it will decide how people think): Image
The resource I'm talking about is fuel for AI. The chips that power it.

These chips are the backbone of AI & information control.

The Nations that control the most processing power will control the future.

But most people don't know why this matters to them... Image
It's not about who builds the most powerful AI models.

It's about who controls the fuel that powers them.

And one company stands at the center of this global power struggle.

While governments fight for position, all of them depend on the same supplier... Image
Read 18 tweets
Jon Markman 🛸 Profile picture
Apr 7
This unknown college professor just exposed Wall Street.
He revealed that:

• Banks keep the top 4% of stocks for themselves
• They dump the rest on you and me
• They've been doing it for 97 years

I spent hours studying his work.
Here are the 5 tricks banks use to rob you:🧵 Image
The data comes from a detailed study by Professor Hendrik Bessembinder.

He analyzed US stock returns from 1926 to 2023 of 25,782 stocks.

He found: 96% of stocks significantly UNDERPERFORM Treasury bills.

But most people never learn this truth about the markets...
Why is this idea so valuable?

Because it completely changes how you should see the market.

If 96% of stocks are dead weight, then 'diversification' might hurt your returns.

The key is knowing what makes the top 4% of companies different...
Read 23 tweets
Jon Markman 🛸 Profile picture
Apr 5
Trump just revealed the biggest Tariff hike since 1909.

Markets are crashing, small businesses are scared, inflation is rising.

Everything's getting more expensive.

And if you don't adjust, you'll get hurt.

Here are 4 ways to save your wallet from Trump's Tariffs: Image
Trump announced crazy tariffs that shocked the world:

- 54% on China, 46% on Vietnam.
- 25% on South Korea, 24% on Japan.
- and 20% on European allies.

Plus a universal 10% tariff on ALL imports.

How did the market react? Complete panic. Image
The Dow just had one of the biggest single-day crashes in years.

And the Russell 2000 dropped over 20%.

"So what? What does that mean for me, John?"

Well there's one more thing the media isn't telling you:

This ISN'T about Wall Street — it's about YOUR wallet. Image
Read 17 tweets
Jon Markman 🛸 Profile picture
Apr 4
In 1992, Wall Street vultures scammed my widowed mother.

She almost lost $1.5 MILLION until I saw her being targeted.

So I spent the next 30 years exposing Wall Street's tricks.

Here's how I won 2 Pulitzer prizes revealing their schemes: 🧵 Image
It started with a phone call.

After building a successful business in LA, my father had just passed away.

Within months, aggressive brokers from a major Wall Street firm targeted my mother.

But what they did next made my blood boil...
They almost convinced her to invest $1.5M (most of her savings) in high-risk, high-commission products.

These investments were completely unsuitable for a widow in her 60s.

Within months, she would've lost 70% of her money.

Watching how little they cared broke something in me. Image
Read 20 tweets
Jon Markman 🛸 Profile picture
Apr 3
AI will replace the jobs of 800 MILLION people in the next 5 years.

The only people who'll survive are those using AI in one specific way.

It's not coding. It's not building AI. It's something much simpler.

Here's how to use AI to get rich (instead of losing your job): 🧵 Image
We've seen this movie before.

I've covered:

- The PC boom of the '80s
- The internet explosion of the '90s
- The mobile revolution of the 2000s

I've witnessed every phase of digital transformation in the last 30 years.

But this time is different...
The dot-com bubble was built on speculation.

Pets .com spent millions on Super Bowl ads while selling at a loss.
Webvan burned through $800M before collapsing.

The model was simple: Lose money, gain users, figure out profits "later"

But AI is not like this.
Read 22 tweets
Jon Markman 🛸 Profile picture
Apr 3
April 3

Morning Update

Liberation Day has passed. The Trump tariff plan is revealed, and it is much, much worse than feared. The president took the balance of trade statistics for each country and determined that all countries with trade surpluses were bad actors.
This strategy is inherently flawed. It means the United States is now targeting every country that has a trade surplus, regardless of its size or the materials being exported. President Trump says he’s being lenient with his reciprocal tariff response.
The problem is trade deficits are not tariffs applied by other countries. Those countries are not “cheating.” They are supplying the largest consumer nation in the world with goods, many of them at significantly reduced costs.
Read 12 tweets

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