tariffs
"In the days before #Trump suddenly paused most of the punishing #tariffs on foreign countries he had revealed in early April, more than a dozen congressional lawmakers were tied to 1000s of $worth of stock transactions, incl significant purchases as stock market tumbled"
https://www.cnn.com/2025/06/11/politics/congress-stock-market-trading-trump?cid=ios_app
“‘Oligarchy’: #Trump exempts #BigOil donors from #tariffs package
Trump’s new 10% universal tariffs will not apply to many fossil fuel products in sign of his fealty”
https://www.theguardian.com/us-news/2025/apr/04/trump-exempts-big-oil-donors-from-tariffs?CMP=Share_iOSApp_Other
For #Trump, #Tariffs Are the Solution to Almost Any Problem
Trump has proposed using tariffs to fund #ChildCare, boost #manufacturing, quell #immigration & encourage use of the dollar. Economists are skeptical.
#economy #TariffsTaxEverydayAmericans
#debate #election #policy #USpol
https://www.nytimes.com/2024/09/10/us/politics/trump-enthusiasm-tariffs.html?smid=nytcore-ios-share&referringSource=articleShare&sgrp=c-cb&ngrp=mnp&pvid=85AEE595-3E79-4BFD-B22C-2080B07216C0
Lol, Mitch dumps water all over Trump's tariff BS:
Via Igor Bobic:
Whoa: McConnell answered a #Trump question today, on his tariff proposals
“I'm not a fan of #tariffs. They raise the prices for American consumers. I'm more of a free trade kind of Republican that remembers how many jobs were created by the export that we engage in,” he said
Maga republicans are in it to get rich off the back of the working class. They keep the rest of the base occupied by constantly feeding into their hatred/racism/misogyny, and in return they keep their vote which keeps them in power. This smokescreen is all to protect the grift.
#Walmart's announcement today that it plans to raise #prices is expected to open the floodgates for #retail price hikes.
The world's largest retailer—whose brand is inextricably linked to low prices & affordability—said despite the #China #trade deal earlier this week it is too late to avoid higher #costs for #consumers.
#Trump #tariffs #economy #inflation #recession
https://www.axios.com/2025/05/15/walmart-store-prices-trump-tariffs
‘Off the charts’: How #Trump #tariffs would shock US & world economies
If implemented, Trump’s #tariff plans would lead to higher #costs, #StockMarket volatility & feuds w/the rest of the world.
Trump is campaigning on the most significant increase in tariffs in close to a century, preparing an attack on the #international #trade order that would likely raise #prices, hurt the stock market & spark economic feuds w/much of the world.
#economy #USpol #HarrisWalz2024
https://www.washingtonpost.com/business/2024/10/16/trump-tariffs-impact-economy/
Remember when #Trump had to subsidize US farmers because his trade war with China caused the country to put retaliatory #tariffs on soy (and other agricultural products)?
Imagine that amplified 1000X and involving multiple countries and various products & industries (beyond agriculture).
And Trump plans to act without Congress, which he has done before and will do again (only likely worse because he will have nothing to lose).
1 / 6 🧵
(& bonus)
I’ve seen dozens of stories pointing out that Trump’s tariffs would raise the price of imported goods but few that mention how countervailing duties would also make our exports uncompetitive.
Some companies might move their factories here but industries that export would be fucked. Is this too hard to explain?
#Election2024 #trump #media #tariffs #evonomy
Trump Media Outsourced Jobs to #Mexico Even as #Trump Pushes “America First”
==
On the campaign trail, #DonaldTrump threatened businesses that send jobs south of the border, while his own company that runs the Truth Social platform outsourced coding jobs to workers in Mexico, outraging some staff members.
#News #TrumpMedia #Trump #Government #Business #Tariffs #Politics #Election #ELection2024 #TruthSocial
https://www.propublica.org/article/donald-trump-media-outsourced-jobs-mexico-truth-social
The penguins of the Heard and McDonald Islands thank you for this @TomWellborn
A #Reminder from #FerrisBuellersDayOff to #TeamTrump and the rest of #GOP how that works
"On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL products coming into the United States, and its ridiculous Open orders."
~ Donald Trump, quoted by Andrew Egger
Trump also announced a 10% tariff will be in place for China.
#Trump #tariffs #TradeWars #economy #PriceofEggs #WorkingClass
/1
I hate when websites don’t let you copy/paste. #Canada #Trump #Tariffs
https://www.cbc.ca/news/canada/toronto/ford-trump-tariffs-canada-reaction-1.7393414
#Ilan_Pappé: The #Rise and Coming #Fall of the 🇮🇱 #Israel_Lobby | The #Chris_Hedges Report
🇺🇸 🥊 🚔 #SHERMAN_ANTI_TRUST_ACT: Section 2: It is a #Felony to engage in this type of Practice | #PriceDiscrimination, Market #Interference & #Manipulation, #Artificially Effecting Marketplace to #Destroy Competition. | 1890 The Sherman Anti-Trust Act is Passed:
"EVERY CONTRACT, COMBINATION IN THE FORM OF TRUST OR OTHERWISE, OR CONSPIRACY, IN RESTRAINT OF TRADE OR COMMERCE AMONG THE SEVERAL STATES, OR WITH FOREIGN NATIONS, IS #DECLARED TO BE #ILLEGAL" #SECTION 2 IS A #FELONY!
UNTIL THIS #JEWISH #KANGAROO_COURT CALLED THE #USA_SUPREME_COURT CHANGES IT;)
The Israel lobby wields some of the most influence over American politics than any lobbying group in Washington. As Ilan Pappé, the Israeli historian, professor and author, and host Chris Hedges detail in this latest episode of The Chris Hedges Report, the lobby’s rise to power consisted of diverging ideological factions uniting in pursuit of their shared interests in controlling the land of historic Palestine. The history and manifestation of this systemic corruption of the Zionist lobby, hyper-dependent on coercion and total control, is thoroughly described in Pappé’s new book, Lobbying for Zionism on Both Sides of the Atlantic.
(0:00) Intro
(5:29) Zionism as a narrative
(9:29) Wealthy Jews vs poor Jews
(19:46) Ben-Gurion takes over the Zionist project
(22:28) Britain makes Palestine Zionist
(31:49) Palestinian anti-colonial resistance
(41:50) Christian-Zionist lobby
(46:25) Israel lobby after Holocaust and in America
(55:08) AIPAC is born
(1:06:30) Israel lobby after October 7
(1:15:42) What’s next for Palestine and Israel?
#BONUS: Meet My Little Friend | The #Sherman #AntiTrust #Act Explained: USA #History Review | #Illegal Monopolies | #Subsidies | Section 2: It is a #Felony to engage in this type of Practice | #PriceDiscrimination, Market #Interference & #Manipulation, #Artificially Effecting Marketplace to #Destroy Competition. | 1890 The Sherman Anti-Trust Act is Passed: "EVERY CONTRACT, COMBINATION IN THE FORM OF TRUST OR OTHERWISE, OR CONSPIRACY, IN RESTRAINT OF TRADE OR COMMERCE AMONG THE SEVERAL STATES, OR WITH FOREIGN NATIONS, IS #DECLARED TO BE #ILLEGAL"
The three main U.S. antitrust statutes are the Sherman Act of 1890, the Clayton Act of 1914, and the Federal Trade Commission Act of 1914.
AND YOU STILL DO NOT KNOW WHAT ANTI TRUST MEANS AFTER 134 YEARS??
A Walk Down Memory Lane begins with Trusts #Hijacking_Marketplace to #Squash Competition.
Like you Cowards tried to do in the last 2 decades. such pitiful #losers in our books..
* Rapid Industrial Age: 1870's to 1880"s - Huge #Monopolies Hyjack Marketplace to Squash #Competition Called #TRUSTS.
* Government #Tariffs, #Regulations in order for the Public Good.
* 1904 #SupremeCourt: Northern Security Co. vs. USA reversed precedent and allowed #ShermanAntiTrustAct to be used to break up Monopolies and Trusts..
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🧵(1/7) #Predictions For 2025 (I have a 64% accuracy rating):
o #DonTheCon will quickly discover how bad an idea his #tariffs are and end up issuing a DOZEN OR MORE EXEMPTIONS for various industries.
o #DarthTraitor will announce on #DayOne that he's pardoning every #Jan6 terrorist "who was not convicted of a 'violent' crime" only to discover EVERY one who was convicted was convicted for engaging in *violence*. 🤦♂️ (meaning NO rioters will be released ON #DayOne.)
(con't)...
#TrumpCrash #TrumpTax #tariffs
Closing.
THUD.
Added: via Bloomberg, "The S&P ended the week down 9.1%, the biggest decline since March 2020, while the Nasdaq 100 entered a bear market. "
Of Course Trump Will Tank the Economy. It’s What Republicans Do.
https://newrepublic.com/article/193360/trump-tank-economy-liberation-tariffs
As the president’s “Liberation Day” nears, it’s time to liberate ourselves from the vicious cycle of Democrats having to clean up the GOP’s messes.