Summary
Trump had to reverse his aggressive tariff rhetoric after CEOs from Walmart, Target, and Home Depot warned of empty shelves and higher prices due to supply chain disruptions.
Investors reacted negatively to his threats against Fed Chair Jerome Powell, prompting a market sell-off.
Trump backtracked, expressing optimism on a China trade deal and now denying plans to fire Powell.
Global markets remain volatile, and the IMF cited Trump’s trade war as a “major negative shock” to global growth.
China shouldn’t give a femtometer.
Restrict exports to the US until all tarrifs on Chinese goods are lifted. And even then, tarrif US exports just a bit just as a Find Out gesture.
Make it clear that Trump gains absolutely nothing for all this. Not even a little 1% he can claim as a minor victory. Humiliate him in the eyes of the world and expose him for the worthless negotiator he is.
As a struggling American, I hope so too. The fucking rural parts of the country need to feel the suffering and understand exactly what caused it.
I fully agree but also stfu I’m trying to exist here!
Eh … if played out like the above comment suggests, with China giving us a little token tariff on US imports to twist the knife, we on the ground won’t be affected. Fuck, we’ll be vastly better off than under the Trump tariffs plans. We all win, he loses.
That’s what fascists do when you stand up to them.
Art of the seal
**Fart
It’s trump so more likely Art of the Shart
The shart of the steal
I’m ready for these tariffs to hit the shelves for a month or two. Give MAGA Morons a really good taste of HitlerPig’s virtuosic incompetence. They won’t be happy when the shelves in Walmart and Target are nearly empty, and whatever is left has tripled in price.
When they get home from their trip to Walmart empty handed, and turn on the TV to see enormous crowds protesting in the streets, perhaps it will finally start to sink in what those protesters are unhaopy about. Not all of them, of course, but some of them.
not to mention the DOGE cuts, is barely making the news anymore, MSM is barely reporting it right now, because it hurting trumps image
it’s on the news every single fucking day
You’re assuming corpo America will drop the prices after. They won’t.
they dint with covid shrinkflation/cheapflation.
Nothing says “I am the master of making a deal” like having to back off of nearly all of them every time anyone calls your bluff.
I’ll never see how so many think Trump is one of the smartest people in any room.
He’s a slumlord, just like his father. It is just unfortunate that the entire country will be his shitty government housing block by the time he gets done with it.
Trump just allowed Republicans to be racist and bigoted out in the open without censure. They saw how trump doesn’t get much flak for his bigotry
People have been calling him the biggest blowhard in the world since he got his first start in the 1970s. Enough people believe him for him to be relevant, sadly.
I wish he reversed his “deals” but it looks like he’s only reversing on China? So a big “fuck you” to american manufacturing while also helping our number 1 enemy.
Spinless dipshit reverses course when confronted with consequences. More on this at the top of the hour…
That’s actually newsworthy for Trump.
Agreed.
Normally he would just shit his daiper even more aggressively.
Not really. Like most bullies, he caves as soon as he faces any real resistance.
Spinless dipshit reverses course when confronted with consequences. More on this at the top of the hour…
Hope he starts spinning again
The Trump moron has spin of zero.
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Someone showed a display of incoming containers, and May was down almost 50% from last year in May. That’s going to be devastating. Good to see.
wait til summer hits, when people arnt seeing vacationers going to usual tourist states and combined with the tariffs.
Northern Americans are already feeling the crunch from Canadians not showing up and cancelling trips. Makes the news here on the regular.
China should tell us they’ll drop their tariffs by 20% a month until gone barring further impulsive fuckery to dissuade further infantile American shenanigans.
As an American, someone’s got to be the geopolitical adult in the room, and we don’t qualify.
I hope the repercussions land on Trump and his cronies, and but just on this particular show of global bullying around tariffs.
but he isnt reversing any tariffs? he must be really obsessed with them.
It’s a simplistic solution and he’s simpleminded, so it’s hard for him to let go of it since all the other approaches are harder.
He bas been, which is the wild part. He’s not saying “oh this was a bad idea, whoops” but he is adding all kinds of exceptions all the time as major corporations tell him how awful they are. Terrified of being seen as weak, so many tariffs will remain but it is really funny watching them scramble to pretend like they aren’t the absolute worst at their jobs.
Another method of control: exceptions to whoever has the biggest bribes, personal favors and enrichment. Tariffs for everyone else
Is there any evidence that a single cent of Trump’s tariffs has yet been collected by the US government?
I remember reading that, in at least one case, collecting them is difficult to the point where ports aren’t bothering. And that’s difficult on the admin side, they’re just so insane about it that the relevant authorities aren’t even really sure what’s going on or how to deal with it.
He’s been obsessed with it since the 1980s.
yea i know, and conveniently thats around the time the soviet union starting working with him, laundering money through his real estate.
We are going to hate this president until the day he dies, then many of us will be making plans on how to best piss on his grave. That’s not a metaphor. Logistical discussions reveal that in order to avoid an indecent exposure charge a bottle must be used to hold and pour the piss.
Instructions very clear. Stocking up on empty plastic bottles.
Start working on filling up a 55 gallon drum
Gives a whole new meaning to pouring one out. I’d so, so happily pour a bottle of piss on Trump’s grave.
I’m not even kidding. I will wear a damn MAGAT hat if it gets me close enough to do it. I’m also not going to just hit grass, that masoleum/tombstone is gonna smell like piss.
Tariffs were never meant for anything other than using the us economy to force other countries to bend the knee to Trump himself. Convince me I’m wrong.
You are incorrect, they are also for Market Manipulation.
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