Showing posts with label tariffs. Show all posts
Showing posts with label tariffs. Show all posts
Saturday, June 28, 2025

Trump administration fails to intimidate Canada, goes Galt and ends trade talks

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  Trump ends all U.S. trade talks with Canada over digital services tax             ... The first payments from Canada’s digital services ta...
Thursday, June 26, 2025

1Q2025 real GDP revised down 0.3 to -0.5 in third and final estimate on an increase in imports front-loaded into 1Q to avoid Trump's tariffs

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 Real gross domestic product (GDP) decreased at an annual rate of 0.5 percent in the first quarter of 2025 (January, February, and March), a...
Sunday, June 15, 2025

TACO Trump is negative for long term investment, 1Q2025 exports were the worst on record for their positive contribution to GDP

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Does anybody ever talk about exports anymore? You know, from domestic production?  ... In recent years, a cautious optimism had returned, a...

TACO Trump chickens out on more than just tariffs, calls off the ICE raids on agriculture, restaurant, and hotel jobs to quell heartland rebellion

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Stephen Miller most hurt. On Wednesday morning, President Trump took a call from Brooke Rollins, his secretary of agriculture, who relayed a...
Thursday, June 12, 2025

Taco, taco, taco man . . .

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    Most retail execs expect Trump to walk back ‘reciprocal’ tariffs, survey says "Liberation Day" was just a trial balloon. 

Stocks are up, yields are down lol

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    Bessent floats extending tariff pause for countries in ‘good faith’ trade talks
Tuesday, June 10, 2025

GM will not produce EVs at Orion Assembly Plant in suburban Detroit as the company moves production of gasoline vehicles to the US from Mexico to avoid 25% tariffs

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 GM to invest $4 billion in U.S. plants amid tariffs for Mexican-produced vehicles ... GM s aid the investment will add assembly of the ga...
Tuesday, June 3, 2025

TACO Trump strikes again

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 Trump always chickens out, aka paper tiger, etc. (June 2) Trump administration pauses Social Security benefit cuts over defaulted student l...
Thursday, May 29, 2025

Trump lays tariff egg with new "Chicken Do"

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We've been liberated from Liberation Day by two Republicans (one appointed by Trump) and one Democrat on a court handpicked by Trump to adjudicate his tariffs lol

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  Federal trade court strikes down Trump’s reciprocal tariffs The U.S. Court of International Trade on Wednesday blocked steep reciprocal t...
Thursday, May 15, 2025

The funniest thing that's happening to Donald Trump right now is that while he tries to intimidate the Fed to reduce interest rates and they do nothing, yields are soaring all by themselves

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 The bond market is issuing a vote of no confidence in our elected leadership. One branch of Republican government thinks this is the 19th c...
Monday, May 12, 2025

No DOGE savings show up in April US Treasury Statement of Receipts and Outlays of the Federal Government, but higher deficits sure do, $194 billion higher year to date than last year

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Fiscal 2025 deficit, October-April: $1.049 trillion Fiscal 2024 deficit, October-April: $0.855 trillion Increase in the deficit in 2025 Oct-...

Trump's phony Liberation Day for working Americans evaporates into thin air, new 90-day pause brings 145% reciprocal tariffs on China, which tanked markets in early April, down to 30%

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Stock futures surge. Crude oil surges. US Treasury yields surge. U.S. and China agree to slash tariffs for 90 days in major trade breakthrou...
Sunday, May 11, 2025

Only Trump can do it

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 hehe No One Person Can Pull Dems Out of the Ditch Michael Goodwin, New York Post   ... Although there’s obvious a...
Friday, May 9, 2025

Trade tariff manipulation is a stock-trading racket for them

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Tariffs were enacted April 2, then suspended April 9.   One month ago:              Yesterday:   This morning.
Saturday, May 3, 2025

Trump's tariffs will bankrupt thousands of American businesses and millions will be unemployed as a result

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 So says Ryan Petersen, founder and CEO of Flexport, in The Wall Street Journal, here : ... If the tariffs on Chinese goods continue at this...
Thursday, May 1, 2025

Resolution by Senators Ron Wyden and Rand Paul to scrap Trump's craziest tariffs fails 49-49

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 Senate resolution to scrap Trump’s ‘Liberation Day’ tariffs fails despite some GOP support  A Senate vote to scrap President Trump’s wide-r...
Friday, April 25, 2025

Ding dong Howard Lutnick says we're going to be training all those new factory workers how to spy lol

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And Elon Musk wanted this guy to be Treasury Secretary instead of Bessent, which is even funnier.    
Thursday, April 24, 2025

This number seems wei tu lo

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  IMF Warns Trump Could Cost the World a Trillion Dollars The Guardian   Is that all?   World GDP in 2023 was $106...

Chicoms tell Trump to go pound sand

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  China says no ongoing trade talks with the U.S., calls for canceling ‘unilateral’ tariffs "At present there are absolutely no negotia...