"Job opportunities at the Port of Los Angeles are dwindling as #Trump ’s steep #tariffs take hit on global trade.
Nearly 1/2 of longshoremen who support ops at port went w/o work over last 2 wks..Port processed 25% less cargo than forecast for.. May" #TrumpTax https://www.latimes.com/business/story/2025-06-07/port-of-los-angeles-job-orders-down-by-half
“The admin may seek to quickly replace the 10% tariff w a similar tariff of up to 15%" ..
Investment bank UBS warned clients "significant policy uncertainty remains." Even if the struck-down #tariffs do not come back, they wrote, "at least some of the economic impact has likely already begun to take effect."
https://www.nbcnews.com/business/markets/stocks-react-court-strikes-down-trump-tariffs-nvidia-strong-earnings-rcna209667
Keep 'em coming
Via Kyle Cheney:
BREAKING: Judge Contreras has blocked #Trump's tariffs as unlawful. This is a *separate* injunction by a federal judge in D.C., unrelated to the block issued yesterday by judges on the federal tr de court. https://storage.courtlistener.com/recap/gov.uscourts.dcd.279804/gov.uscourts.dcd.279804.35.0.pdf
#TrumpTax
🤦🏻♀️
“A federal appeals court lifted the first of two rulings blocking Trump’s #tariffs on Thursday, handing him a temporary win after a lower court rejected the administration’s legal defense hours earlier.” https://thereport.be/article/?app=breaking&u=https%3A%2F%2Ftrib.al%2F5Ea6VHi
"Owned by Hellman & Friedman, the Plano, Texas-based company, which has been struggling for months amid rising #tariffs..."
CBS News:
At Home, the home decor and furniture retailer with more than 200 locations in the United States, is filing for bankruptcy.
"Retail sales fell sharply in May as consumers pulled back after a sharp increase in spending in March to get ahead of #Trump’s sweeping #tariffs on nearly all imports.
Sales at retail stores, restaurants dropped 0.9% in Mayafter decline of 0.1% in April..pulled down by a steep drop in auto sales, after Americans ramped up their car-buying in March to get ahead of Trump’s 25% duty on imported cars and car parts. Excluding autos, sales fell 0.3%" #TrumpTax https://abcnews.go.com/Business/wireStory/us-retail-sales-fall-americans-turn-cautious-after-122924889
More #Tariffs Threat Makes US Trade Partners Wary of Signing Deals -
Tariff negotiations with the #Trump administration are running into roadblocks, as partners balk at signing deals without knowing how badly they’ll be hit by separate levies on exports
#TrumpTax
https://www.bloomberg.com/news/articles/2025-06-26/fear-of-sectoral-tariffs-proving-roadblock-for-trump-trade-deals
And YOU get a tariff! And YOU get a tariff! And YOU... and YOU....!
Aaron Rupar
@atrupar.com
· 2m
REPORTER: Can we expect any more trade deals before next week?
#TRUMP: My inclination is to send a letter out and say what tariff they're gonna be paying. It's just much easier ... 'you're gonna pay a 20%, or 25, or 30% tariff.' We're gonna be sending some letters out starting probably tomorrow.
