And also apparently a means to re-shore manufacturing, which can’t happen when you wipe out the stock market and won’t happen when the policy changes from one day to the next. |
Most favored nation status is just another reason why this is the absolutely worst way to do things. We're supposedly trying to get other countries to lower their tariffs. Putting aside the fact that these "reciprocal" tariffs aren't reciprical and aren't based on tarrifs. If countries lower their tariffs in response to this they aren't lowering them just for American imports. Because of MFN they are also lowering them for everyone else. Congratulations, we've just become the bad guys in order to benefit China. |
Under Trump everyone will be working in a factory! |
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First cracks in Trump billionaire support. Ackman warning of an “economic nuclear winter” and of course futures are signaling a massacre tomorrow.
The world faces an "economic nuclear winter" if President Trump doesn't immediately pause his sweeping reciprocal tariffs, hedge fund manager Bill Ackman said Sunday night https://www.axios.com/2025/04/06/ackman-trump-tariffs-nuclear-winter |
They want to be able to ppay people to tighten screws on iphones and make pencils...menial work that won't pay anything. |
Looks like a great future! 79% of the jobs in this country are white collar, 9.7% are manufacturing. I guess Trump and republicans want to reverse that? WTF |
Hope she and her family will be the first in line to take those jobs. |
This is such an “emperor has no clothes” situation, except far, far more dire. It feels like an experiment to see how far Trump can go, how much he can destroy, how many laws he can break, before Congress does its job. It’s an embarrassment. |
Trump was asked questions on AF-1 on the way back from his golf weekend and mostly talked about his golf handicap. |
I mean yes? 60 hour work weeks in factories for you and your kids, and what remains of the nice white collar jobs that aren’t outsourced to a sketchy AI for them and their kids. |
China's ACTUAL tariff rate on was only 7.5%
Trump's minions bungled it, used AI to claim it was 67%, and thus slapped a 34% tariff on them China has now increased its tariff from 7.5% to 34% Trump instantly made China's tariff 4.5x WORSE He is an IDIOT - costing us TRILLIONS |
Massive crashes in futures market already this evening and seeing it in other economies around the world. Prepare tomorrow 4/7 for a major market crash.
Aaron Parnas reporting better than any news network. |