two mad kings in a row will surely destroy the empire; 

 

Donald Trump flipped and flopped again.

He announced a 20% fee for all ships transiting the Strait of Hormuz on Monday, 13^th of July. He withdrew the order on Tuesday, 14^th of July.

The oil market gyrated during the day and some “smart” folks made yet another killing with the oil futures.

By this point, people are already used to such flip-flops. Wall Street coined the term TACO Index, which tracks how market panics force Trump’s policy U-turns.

A few prominent “flip-flops” from his most recent presidency include:

– The global tariff retreat from “Liberation Day” when he announced sweeping tariffs on imports, including duties on Chinese goods over 100%, but altered course merely days later with a 90-day cause.

Trump posted on Truth Social telling the public and investors “BE COOL”, like “what is the fuss about, dummies?”

– The Nvidia chip ban when Trump barred Nvidia from selling H20 GPUs to Chinese buyers, in April 2025, to protect US “technological supremacy”.

By July, he did a 180, lifting the restriction and demanding 15% Nvidia’s Chinese chip revenues instead.

So far, that 15% cut is worth roughly ZERO since China itself banned Nvidia. To protect Chinese “technological independence”............more..........