Economists calculated the cost of Trump’s tariffs for Americans. The numbers are staggering
https://www.fastcompany.com/91402824/economists-calculated-how-much-trump-tariffs-will-cost-americans-the-numbers-are-staggering
tariffs
#Trump demanded on Wednesday that a #FederalReserve governor, #LisaCook, “resign, now!!!,” citing unconfirmed allegations that she *may* have engaged in mortgage fraud. It is the latest sign that the admin is ramping up its campaign to remake the #independent #CentralBank. Trump has pressured the bank to lower #InterestRates, which it has kept steady out of concern that his policies could cause #inflation.
#economy #law #tariffs #trade #immigration #labor #recession
https://www.nytimes.com/2025/08/20/us/politics/trump-fed-resign-lisa-cook-governor.html?smid=url-share
Edited 40d ago
I predict that by Black Friday shopping and Christmas shopping, in general, inflation will be at an all time high - double digits.
"US factory activity shrank in August for a sixth straight month, driven by a pullback in production that shows manufacturing remains bogged down by higher import duties tied to President Donald Trump’s trade war."
~ Natasha Solo-Lyons
#Trump #tariffs #economy #manufacturing #inflation #stagflation #taxes #groceries
/1
"#Fux, your biography is now just your vote on the coup. You are the only one who betrayed, who surrendered, who encouraged #Trump to impose more #tariffs, who extended for a few more years the political instability that has already done so much harm to the country, who strengthened the fascists within the Brazilian right."
#FuxLied
https://web.archive.org/web/20250911010257/https://www1.folha.uol.com.br/colunas/celso-rocha-de-barros/2025/09/fux-mentiu.shtml
Trump is adding a 100% tariff to branded pharmaceuticals made outside the US.
This move could be devastating to the disability community.
It will likely drive costs up and create more supply chain issues at a time when we’re already seeing unprecedented medication shortages
The WHITE SUPREMACIST COWARDS are at it again. HEGSETH ALCOHOLIC pissing himself (way over his head) while PERVERT TRUMP STROKES HIS MEMBER.. (S) in more ways than one!
1.1 Million American SOULS MURDERED by this #ILLEGITIMATE #ILLEGAL #USA_REGIME? Called AIPAC Planned Covid Pandemic. All need to be ARRESTED, CASTRATED, HUNG and DECAPITATED >> all in that order! Without mercy!
This Loser chump could not even spell PANDEMIC let alone understand its DEFINITION!
* 60,000 MURDERED WOMEN and CHILDREN in GAZA by JEW TERRORISTS
* OVER 200,000 INJURIES
* OVER 500,000 UKRAINIAN SOLDIERS DEAD for NO Reason.
* ILLEGAL .GOV INDUCED #INFLATION,
* ILLEGAL .GOV INDUCED #TARIFFS = ILLEGAL #INCOME_TAX,
* ILLEGAL .GOV INDUCED FOOD INFLATION = = ILLEGAL #INCOME_TAX,
* 1.1 Million American SOULS MURDERED by a Tainted Vaccine altering DNA w/implications until the day you die!???
* Ordering national Guard AFTER PEACEFUL PROTESTERS were #PROVOKED by #UNKNOWN #MASKED?? #Law_Enforcement?? = #PAID_PRIVATE_CORRECTIONS,
* #PAID_MERCENARIES, worse than any Sexual Pervert I have ever met and I have met MANY! Not to mention DIRT BAG #JEW_SETTLERS living free in our own back yards??? ( #Brooklyn NY???)
* OPEN AIR PRISONS ON USA SOIL #REALIZED..
TAKE YOUR LAST STAND NOW #AGAINST_TYRANNY! B4 ITS TOO LATE!
1. #Chevron #Prison_Labor: #Prison_State_America: #Inmates becoming #Corporate_Slaves in #for_profit facilities | #Prisoners under the 13th #Amendment -Work essentially is #NEO_Slavery. We are seeing HUGE numbers of For Profit Corporation from #Chevron to #Victoria_Secret, #Target, #Hewlett_Packard that use or EXPLOIT Prison Labor. Jan 14, 2015
For-profit prisons have created a “neo-slavery” in the US, according to award-winning journalist Chris Hedges. Inmates work eight hours per day for major corporations such as Chevron, #Motorola, #Nordstrom’s and Target, yet only have the possibility of making up to $1.25 an hour. In addition, companies that provide services like phone calls overcharge prisoners on even the most basic services, making hundreds of millions in profits annually. RT’s Ben Swann speaks to Hedges, who explains how this #shadowy_system came into #existence.
original video censored by JEWISH CRIMINAL TERRORISTS.
SUMMARY HERE: AKA OPEN AIR PRISONS REALIZED..
https://www.youtube.com/watch?v=qKXgoS461bE
The Shame of America’s Gulag: by Chris Hedges
https://www.blackagendareport.com/content/shame-america%E2%80%99s-gulag
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3. #Fatherless_Homes. The #Disturbing_Statistics | The statistics on fatherless homes are disturbing and the problem is growing. We must do all we can to help and #encourage fathers to be more involved with their children’s lives.
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4. #Daughter Excited To See #Father #Walk_Out Of #Prison After 32 #Years. #Andrew_Wilson will Walk Out of the #Mens_Central_Jail a #Free_Man Today. Mar 16, 2017
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5. #Children of the #Incarcerated | There is no single story that describes what it is like for a #child to have a #parent who is #incarcerated. The experience depends on diverse factors, including the quality of the parent-child relationship prior to incarceration, the degree of household stability following the incarceration, and the child’s age, individual personality and others.
That being said some International human rights advocates have called #parental_incarceration "the greatest #threat to child #well_being in the #US. As of today, 1 in 28 children in the United States have a parent behind bars. For African American children, that number is 1 in 9. The #average term being served by incarcerated parents is 80 months.
Each year the number of children with incarcerated parents continue to #grow as a result of the record prison population in the #United_States. On this edition of #Inside_Out we talk to Shaquille Mualimm-ak, from #incarceratednationcampaign.org about his experience coping with having a parent behind #bars. We also sit down for an in-depth conversation with Author and Professor Alan Singer & talk about the causes and effects of having a parent incarcerated.
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6. #Hutch: #Fatherless_Homes | #Pastor Ken Hutcherson gives the mind-blowing #statistics behind the #impact a fatherless home can have on a #child.
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7. 25 million U.S. #Kids Grow Up #Without Dads | #NBA stars #Amare_Stoudemire and #Etan_Thomas will speak to 300 men in #Rikers_Prison about the #honor of being a #Father.
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8. #ALL_LIVES MATTER! Black #Fathers_Matter | #BOYCOTT #WHITE_SUPREMACY | #BOYCOTT #BLACK_SUPREMACY! #HATE IS NO LONGER #WELCOMED IN THIS #COUNTRY!
Which poses a bigger #threat to black communities: Racism? Or the #absence of #fathers? Drawing on a sea of #official_data and his own upbringing, talk-show host #Larry_Elder shows just how #important black fathers are in turning #boys into #responsible and #happy_men--and how their absence has had a #tragic_impact on #millions of #black_Americans.
📛 DISCLAIMER: We Cover the 'Way' the #News is #COVERED_UP! 👿
🍷 🍾 #TASTINGTRAFFIC_LLC | The Largest (WWW) #DIGITAL_TRAFFIC PROVIDER in the WORLD since 1999.
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TASTINGTRAFFIC_LLC are NOT affiliates of this provider or referenced images used. This is NOT an endorsement OR Sponsored (Paid) Promotion/Reshare.
Edited 238d ago
"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
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
#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
Edited 137d ago
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)
Edited 348d ago
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
A #Reminder from #FerrisBuellersDayOff to #TeamTrump and the rest of #GOP how that works
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
#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. "
Edited 178d ago
They spelled “tax Americans” wrong
“Trump Says He’ll Impose #Canada, #Mexico With 25% #Tariffs on Feb. 1” - Bloomberg https://www.bloomberg.com/news/articles/2025-01-30/trump-says-he-ll-hit-canada-mexico-with-25-tariffs-on-saturday
What's this?
Orange juice for one cent?
These are #Canadian shelves, and these are #American products
This is at a Loblaws in #Ontario, photo taken on Monday
#Canada retailers pretty much have to give #USA products away as Canadians #boycott the #US and #Trump's bellicose verbal diarrhea and #tariffs
#Florida #citrus growers: you voted for this
(ps:
the food banks don't have any room for this juice, because so much unsold American food is already going to the food banks)
Edited 109d ago
Meanwhile, in the normal world:
"#Ecuador president says new #trade deal with #Canada finalized"
Apparently, #Trump admires President #McKinley's #tariffs (same guy Trump replaced #Denali's name with)
This fucking moron is trying to recreate antiquated #protectionist bullshit from the #GildedAge that doesn't work in the modern world
#China will expand its trade
Canada and Ecuador and others will bypass the #USA
And the USA will suffer mightily
So fucking stupid
Edited 239d ago
#Trump “ #tariffs on steel & aluminum “will not go unanswered,” Eur. Union chief vowed on Tues…will trigger tough countermeasures from the 27-nation bloc. It means iconic U.S. industries like bourbon, jeans, peanut butter, motorcycles should beware” #TrumpTax
https://apnews.com/article/eu-us-tariffs-trump-trade-war-leyen-0b23d25d30428eb288b79bfda4fa25e9
BREAKING:
Jobs report shows a MAJOR SLOWDOWN in labor market since Trump announced tariffs in April.
We can now compare the first 6 months of Trump with the final 6 months of Biden, and it's no comparison.
Over a million jobs created under Biden, less than half that under Trump.
#Trump #Recession #Economy #Unemployment #Tariffs #Jobs #USPol
Edited 59d ago