So everything gets expensive and manufacturing… goes down? #TrumpTradeWar
So everything gets expensive and manufacturing… goes down? #TrumpTradeWar
“What’s the emergency with Belgium?” Senator Warren says Congress needs to step in on the #TrumpTradeWar
WATCH: “We can’t feed ourselves. We don’t have enough food. We can’t just stop trade.” mtsu asst prof Dr. Tarpey tells NC5 we can’t cut ourselves off from the world— reminds us last time a depression shortly followed. #TrumpTradeWar Full: www.newschannel5.com/plus/inside-...
Good #PaulKrugman update on Trump's Trade War:
“Trump’s post-pause tariff regime remains the biggest trade shock in U.S., and I think world history.” “uncertainty about Trump’s policies is as big a drag on the economy as the policies themselves.”
https://paulkrugman.substack.com/p/trump-is-stupid-erratic-and-weak
#Trump started a trade war without any forethought and the American people will be the ones who suffer from his gross incompetence. This is why you don't want a narcissistic sociopath in position of power, especially when there's no one able to put the brakes on to avoid the mistake of a man-baby who never suffered from consequences before
#TrumpTradeWar #USpolitics #USNews
Seems like I made a good choice to suspend my super exclusive special annual subscription to the online store with all the stuff that just doubled in price.
#BuyLocal - if you can find it.
#RightToRepair just took on a whole new meaning now that capitalism decided to back a madman bent on revenge and retribution against any and all around the world who don’t express their sufficient loyalty and respect to his highest level of supreme judgements in the best deal making ever of all time in history or into the glorious new gilded age future.
WATCH: “Ron Vara is an anagram of Navarro.”
@maddow.msnbc.com explains how Trump’s tariffs policy came from his economic advisor Peter Navarro, who invented a fake expert in his books to justify it
And now markets are crashing
#TrumpTradeWar #AmericanBrexit
Says here that each Mar-a-Lago golf junket cost taxpayers $3,383,250 (estimate from a 2019 GAO report). Conservative estimate based on inflation translates to ~$4.2 million today. We ought to have a trump golf cost calculator that runs since the tariffs went into effect. He's such a caring, thoughtful, economical individual.
https://www.pennlive.com/news/2025/02/donald-trumps-golfing-tab-in-first-month-of-second-term-you-wont-believe-how-much-he-spent.html
#trumpTariffs #trumpTradeWar #trumpGolfBoondoggle
"Making the world safe for both globalization and democracy would require new measures to protect human dignity from the market."
https://www.nytimes.com/2025/04/05/opinion/globalization-collapse.html?unlocked_article_code=1.9U4.Cbyj.E6Scf3kzfqVR&smid=url-share
"Many people believed that this kind of internationalism was irreversible and that the interdependence of the global economy would guarantee peace and prosperity, even if it was also unsettling." 2025? No, more like 1910
ht: @jenmercieca
“Ignore the Greek letters, which cancel each other out. This says that the assumed level of a country’s protectionism is equal to its trade surplus with America divided by its exports to America.”
“There’s so much wrong with this approach that it’s hard to know where to start.”
From #PaulKrugman post:
Will Malignant Stupidity Kill the World Economy?
https://paulkrugman.substack.com/p/will-careless-stupidity-kill-the
“Yesterday Donald #Trump burned it all down. Here’s what just happened to the average U.S. tariff rate:”
#PaulKrugman on Trump’s trade war:
Will Malignant Stupidity Kill the World Economy?
https://paulkrugman.substack.com/p/will-careless-stupidity-kill-the
Conservative economist: “An aggressive and egregious assault on our constitutional system of government.. historic tax hike….” #TrumpTradeWar #AmericanBrexit
www.nationalreview.com/corner/trump...
CAPEHART: “The single dumbest domestic policy move I've ever seen." #TrumpTradeWar #AmericanBrexit
WATCH: “Tell me what’s gone well with Brexit. I’ll wait.”
@mrjamesob.bsky.social picks apart a caller defending Trump’s tariffs by saying “give it time” — who admits he also voted for BREXIT, which has been a disaster. #AmericanBrexit #TrumpTradeWar
Banana War To Trump Tariffs, A Brief History Of Trade Wars https://www.byteseu.com/892534/ #Conflicts #DonaldTrump #DonaldTrumpReciprocalTariffs #DonaldTrumpReciprocalTariffsImpact #ReciprocalTariffs #TariffHistory #TariffImpact #TariffsWar #TrumpSpeech #TrumpTradeWar #UnitedStates #USJapanAutoTariff
Ben Shapiro: “Probably unconstitutional… one of the biggest tax increases on consumers in history… predicated on a bad idea of how international trade works…” #TrumpTariffs #TrumpTradeWar