So what happens? Will Congress continue on this path of destruction and just let the country collapse? Or will they step up and take the reins?

Congress needs to get into the office and work all weekend.

China’s response is devastating. All across the board. No exemptions.

Going to be an ugly day in the markets.

Then the cabinet can 25th Trump.

Anonymous wrote:

Anonymous wrote:What do the Antarctic penguins export to the US? Aldi, the other uninhabited island with tariffs. Trump is crazy and his handlers are incompetent.

Aldi's low prices are killing Safeway!

Aldi and Safeway are very different stores though. Safeway carries national brands. Aldi’s is like the old white and blue label generic food.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If the House votes to repeal Trump's emergency declaration, can Trump veto this, or are the tariffs automatically gone?

Yes, but only the Canada and Mexico tariffs.

All the tariffs are based on an emergency declaration.

Thanks - seriously appreciate the correction. So all this <waves hands> is based on the fiction that we’re under some kind of fentanyl attack?

Aha I figured out where I had this wrong. All the tariffs are based on the “national emergency” which Trump has declared we have due to trade deficits (that’s already crazy but stay with me.) So because of this “national emergency” he has invoked IEEPA to be able to circumvent Congress and institute these tariffs. https://en.m.wikipedia.org/wiki/International_Emergency_Economic_Powers_Act The Senate bill that passed to cancel the “national emergency” was written before all of the other tariffs went into place, so so far only affected the Canada and Mexico tariffs, but the discharge petition in the House will apply to all of them. I think.

Anonymous wrote:China retaliation incoming: https://www.cnn.com/2025/04/04/business/china-us-tariffs-retaliation-hnk-intl/index.html

The trade wars have begun, resolutely.

Anonymous wrote:China retaliation incoming: https://www.cnn.com/2025/04/04/business/china-us-tariffs-retaliation-hnk-intl/index.html

I think people in the midwest don't realize how bad this will get if trump persists.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Conservative, usually pro-Trump legal group NCLA sues Trump over tariffs.

Interesting development.

Damn that’s the conservative ACLU, basically. Margot Cleveland is a name there that people here might recognize.
https://nclalegal.org/press_release/ncla-sues-to-stop-trump-admin-from-imposing-emergency-tariffs-that-congress-never-authorized/

Funny, I follow her on Twitter because she live tweets lots of hearings and she's all-in on tariffing all those freeloading countries including the uninhabited islands.

Glad to hear that the NCLA has brains, at least.

Thanks to Trump bending the country into a horseshoe, the
National Corporate Liberties Alliance is on the same side as Americans for once.

Trump copied his tariff plan from ChatGPT GenAI slop.

They really are making me everything up as they go. They have no idea what they are doing, except embezzling government funds.

https://www.latintimes.com/trump-accused-using-chatgpt-create-tariff-plan-after-ai-leads-users-same-formula-so-ai-579899

None of this is about the American worker or production.

Gutting the NLRB weakens American workers.
Defunding MEP centers weakens american manufacturing.

Don't fall for the lie. This admin DOES NOT care about American manufacturing and workers.

Anonymous wrote:What do the Antarctic penguins export to the US? Aldi, the other uninhabited island with tariffs. Trump is crazy and his handlers are incompetent.

Aldi's low prices are killing Safeway!

China retaliation incoming: https://www.cnn.com/2025/04/04/business/china-us-tariffs-retaliation-hnk-intl/index.html

Everything you care about is waste but there's plenty of money for this!

Anonymous wrote:

Anonymous wrote:I had to go look up what happened to farmers after the last tariffs and here are some numbers:

- the 2018 tariffs cost farmers between $27-$30 billion

- we paid those farmers $23 billion in aid to bail them out

- according to an agricultural news and information source about the old and new tariffs, “when Trump left office in 2020, farm income increased by 27% with President Joe Biden at the helm.”

The farmers were just starting to recover from trump tariffs in 2018, and now they are dealing with this. And some of their business never returned after 2018. China was the biggest buyer of U.S. soybeans, and they largely swapped to buying soybeans from Brazil instead. The U.S. never got the lion’s share of the market back because china chose to stay with Brazil. Now that china is retaliating with further soybean tariffs, guess who is there to scoop up the few contracts that remained? Brazil again. The soybean trade with china will never come back.

They voted for this! I'm sorry for the rest of us who did not specifically choose this f idiot to lead the country down into the depths of hell - but I feel very very little for the people who ran toward the leopard with open arms. THEY CHOSE THIS. HE RAN ON TARIFFS.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I had to go look up what happened to farmers after the last tariffs and here are some numbers:

- the 2018 tariffs cost farmers between $27-$30 billion

- we paid those farmers $23 billion in aid to bail them out

- according to an agricultural news and information source about the old and new tariffs, “when Trump left office in 2020, farm income increased by 27% with President Joe Biden at the helm.”

The farmers were just starting to recover from trump tariffs in 2018, and now they are dealing with this. And some of their business never returned after 2018. China was the biggest buyer of U.S. soybeans, and they largely swapped to buying soybeans from Brazil instead. The U.S. never got the lion’s share of the market back because china chose to stay with Brazil. Now that china is retaliating with further soybean tariffs, guess who is there to scoop up the few contracts that remained? Brazil again. The soybean trade with china will never come back.

This is the lesson MAGA/GOP *should* have learned. You don’t gaslight and burn your friends and then come back because you want to and expect that everything’s peachy. Maybe they’d do week to read and study the DCUM Relationships forum.

What makes this particularly galling to Trump is that Lula opened the soybean trade to RMB bypassing the dollar as the medium of trade. That really annoyed Biden as well. You can bet that Brazil will do something similar wil this latest round.

People are pulling money out of the US stock market and putting it into the European markets. Good time to be in international stocks.