Trump's Tariffs and Trade War

[Meta not Meta]

"Caution -- we're coming for your head.
So call the Feds and get files to shred.
Every textbook read said bring you the bread.
But guess what we got you instead?"

Gotta be Luigi's favourite song, right here:

 

[neverbored]

https://twitter.com/x/status/1910120604734193830

 

[minutemenX]

https://twitter.com/x/status/1910120604734193830

see my post #219. I am sure Trump's family made a fortune using intermediaries and untraceable agents

 

[Meta not Meta]

The one good thing about Trump is that he just makes plain, doesn’t try to hide, and even brags about the open corruption & legalized bribery that has become American politics, at the executive level, but also at the congressional one.

It was never great, but the Citizens United decision in 2010 has been a disaster in allowing corporations and wealthy donors & lobbying groups to spend unlimited amounts of money on particular causes & interests, however narrow, by in effect bribing politicians with campaign contributions.

Musk himself spent upwards of $300,000,000 on Republican candidates in the 2024 federal election, essentially buying himself a seat at the Cabinet table. It's looking like that may not have worked out completely well for him, but the coming tax cuts may tell a different story.

The Democrats are just as bad, of course, if often less flagrant but more hypocritical in their abuses. After leaving office, Obama was essentially paid-off by Wall Street, for favours delivered in bailing them out during the financial crisis of 2008, in the form of speeches delivered at $400,000 a pop. Just staggering. I think he & Michelle now own three, possibly four mansions. Nancy Pelosi, as another example, has evaded serious accusations of insider trading ...

... and I could go on.

The system is just rotten to the core.

 

[gaby]

.....et la CHINE hausse ses tarifs à 125%.....et se tourne vers l'EUROPE ....qui tend l'oreille....will not be the only ones.....lollll.

 

[neverbored]

 

[Meta not Meta]

Just hilarious, Trump caved ...

With the bond market imploding and knowing that his tariffs would soon unleash inflation, he late yesterday (classic 'Friday embarrassing news release') issued exceptions for Chinese phones, computers, semiconductors, and other electronics ... China’s biggest exports to the US!

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One of the biggest u-turns I can remember.

Maybe somebody explained to him that it might soon cost less to fly to China and buy an IPhone than buy one in the US.

Just quietly taking the L and hoping no one noticed, I guess.

And as I write this China hasn't removed any of their tariffs.

By doing this, he shows he doesn't actually plan on reindustrializing and making phones and computers in the US, or that this would lead to the “greatest resurgence of jobs in history,” as explained just days ago by his equally clownish commerce secretary.

They have no idea what they're doing.

There is no plan.

https://twitter.com/x/status/1908934102406807711

 

[gaby]

Sooooo true.....and who laughs now?????

 

[Meta not Meta]

Textiles, toys ... and sneakers, that's what MAGA will be manufacturing under the Dear Leader's visionary genius:

 

[Womaniser]

Just hilarious, Trump caved ...

With the bond market imploding and knowing that his tariffs would soon unleash inflation, he late yesterday (classic 'Friday embarrassing news release') issued exceptions for Chinese phones, computers, semiconductors, and other electronics ... China’s biggest exports to the US!

View attachment 91660
-------------------------------------------------------------------------------

One of the biggest u-turns I can remember.

Maybe somebody explained to him that it might soon cost less to fly to China and buy an IPhone than buy one in the US.

Just quietly taking the L and hoping no one noticed, I guess.

And as I write this China hasn't removed any of their tariffs.

View attachment 91662

By doing this, he shows he doesn't actually plan on reindustrializing and making phones and computers in the US, or that this would lead to the “greatest resurgence of jobs in history,” as explained just days ago by his equally clownish commerce secretary.

They have no idea what they're doing.

There is no plan.

https://twitter.com/x/status/1908934102406807711

I think Lutnick should be renamed Lunatic !

 

[Cujo1234]

Donny Dipshit has no cards. He expected world leaders to crawl and kiss his feet like republicans. Not gonna hap.

 

[Cujo1234]

Video of maga when they were students being warned.

 

[gaby]

......and to add to the confusion.....TROMP official says today tariff exemptions on tech are temporary......what a mess!!!!!!!

 

[Womaniser]

......and to add to the confusion.....TROMP official says today tariff exemptions on tech are temporary......what a mess!!!!!!!

But he wins many golf tournaments ! Why do you doubt him ?

 

[neverbored]

This could be to the biggest bailout in history. Who could ever have guessed it ? Must be fake news.

Fed Official Confirms Trump Tariff Bailout Is Ready Amid $30 Trillion Market ‘Panic’ Warning

A top Federal Reserve official has said it “would absolutely be prepared" to step in to rescue markets if Trump’s trade war threatens the financial system...

www.forbes.com

 

[gaby]

WH today....meeting TROMP--BUKELE.....2 mafioso/dictators doing big deals/business together.....sous les acclamations/approbations de leur COUR respective....disgusting..

 

[gaby]

....and he said he has sooo much respect for the sovereingty of EL SALVADOR.....so ridiculous....hey MORON what about us CANADA?????

 

[Meta not Meta]

"Kinda like the movie Independence Day except this time we're blowing up The White House from the inside and taking The Fifty-First State with us!"