Summary
Trump had to reverse his aggressive tariff rhetoric after CEOs from Walmart, Target, and Home Depot warned of empty shelves and higher prices due to supply chain disruptions.
Investors reacted negatively to his threats against Fed Chair Jerome Powell, prompting a market sell-off.
Trump backtracked, expressing optimism on a China trade deal and now denying plans to fire Powell.
Global markets remain volatile, and the IMF cited Trump’s trade war as a “major negative shock” to global growth.
but he isnt reversing any tariffs? he must be really obsessed with them.
It’s a simplistic solution and he’s simpleminded, so it’s hard for him to let go of it since all the other approaches are harder.
He’s been obsessed with it since the 1980s.
yea i know, and conveniently thats around the time the soviet union starting working with him, laundering money through his real estate.
Nothing says “I am the master of making a deal” like having to back off of nearly all of them every time anyone calls your bluff.
I’ll never see how so many think Trump is one of the smartest people in any room.
He’s a slumlord, just like his father. It is just unfortunate that the entire country will be his shitty government housing block by the time he gets done with it.
I’ll never see how so many think Trump is one of the smartest people in any room.
“He’s rich so he must be smart. You have to be smart to get that rich. This must all be part of the plan for the smart rich guy.”
Mix that in with a ‘Just World Fallacy’ (Good people succeeded and bad People fail. Therefore anyone who has as much wealth and power as Trump must be a good person worth listening to) and you have the people who support Trump.
Honestly i saw so many interviews during his first run with trump supporters that said exactly that first phase you said
Way to entrench the status quo benefiting the rich. Get people to believe only the rich are smart and therefore worth listening to.
That’s what fascists do when you stand up to them.
Art of the seal
**Fart
🦭💨
Trump: “Nuh-uh. I won because I have economy-proof armor”
China should tell us they’ll drop their tariffs by 20% a month until gone barring further impulsive fuckery to dissuade further infantile American shenanigans.
As an American, someone’s got to be the geopolitical adult in the room, and we don’t qualify.
Why would China do anything that helps us pick ourselves up and onto our feet? This is the goal they and Russia have been working towards for decades.
Nah-uh. No blaming China or Russia on this one. The United States did this squarely to themselves with the world pleading otherwise. They inserted their own head in the vice and started spinning the handle.
Sure, it aligns with the communist block’s benefit, but the US really needs to be held accountable for its own idiocy on this one. Its the first step in recovery.
What “communist” block are you talking about? Is this 1989?
it aligns with the communist block’s benefit
Neither Russia nor China are communist anymore. Russia is run by corrupt capitalists and has been since the 1980s, and the only thing Communist about China is the name of the totalitarian party that runs its government, which consists of a mix of state-funded and private capitalist enterprise.
russia maybe, because putins directing trump to do this, more or less it helps russia in the long run.
I’m starting to feel like this is a controversial opinion, but maybe the American people should be the ones holding their own government accountable? Interventionism is the worst way to fix a country and I very much doubt it even could be done for a country like America.
Difficult to argue against, except America is doing this too us as well, and we don’t get a vote.
All the more reason to not do anything about it. Let America implode and their interventionist power also takes a hit.
It’s been fucking wild as a resident of a non-us country seeing some of the commentary coming up. We must radical empathy! How dare other countries take advantage of X Y or Z? The shoe is on the other foot, and by GOD is it a problem if anyone but the US starts doing what the US has been doing to everyone else on the planet my entire freakin’ life
We all know they’re propaganda riddled exceptionalists but goddaaaamn. Need to learn to accept cause, effect and consequence
Trump provided China an excellent excuse to start a trade war and look like the heroes while doing it. This is absolutely Trump’s fault, but China has no reason to not take full advantage of it.
That’s true. The US has been interfering in other country’s domestic affairs for decades. Organising the odd coup, overthrowing elected leaders. Suddenly people are shocked to learn that it can work both ways.
A country with strong democratic institutions are pretty resilient to these tactics. You might not trust the politicians, but you trust the officials, the military and the courts.
It seems that the US has dismantled trust in these institutions for a long time. It has let corporations run the show. So Russia and China have an easier task.
A country with strong democratic institutions are pretty resilient to these tactics.
That’s a bit tautological, like “It they could break it, it needed fixing anyway.”
And that’s a bit too much like “If Hitler could invade France, it’s the French’s fault for not fighting back harder.”
Russia has been at war against the American people since Putin and traitorous US oligarchs imposed Trump on us in his first term. It’s victim-blaming to say that’s the American people’s fault.
Ah, yes, the famous denial of fascists in your own country.
YOU VOTED IN TRUMP WITH A MAJORITY KNOWING HE IS FASCIST.
This is squarely the fault of the American people. Lack of education and political will might be to blame, but to say that you are victims is such a farce that I don’t believe you live in reality.
Oh so we’re denying that Russia and China led disinformation campaigns squared solely at disrupting American politics for decades? Are we also ignoring the Murdochs from Australia?
Just wanted to get that straight before I started saying whatever the fuck I want.
i believe russia be to blame, it kinda obvious weakeaning america helps putin, it has been his goal for 10years,.
it has been his goal for 10years
Trump was getting fat on Russian mob money since the 1980s, probably as a reward for him ratting out the Italian mob to Giuliani, which created expansion opporunities for the Bratva.
The embarrassing thing is a lot of that disinformation was shared on social media networks that were created in the US.
Creating the tool that your enemy uses effectively against you is not a good look.
Mate, the Murdoch’s? America’s lap dog newspaper moguls.
They’re you’re mouth piece of shit trying to force Australia to be more like you sepppos
Rupert Murdoch was born in Australia, what even are you talking about?
I’m saying that Murdoch doesn’t work for Australians and our interests. He’s a lapdog of the US
Murdoch has never served the interest of any state. He has relentlessly pursued his agenda, which is to undermine the centrist quasi-democracies in English-speaking countries and to promote nationalist authoritarianism.
And bailed his citizanship the instant the US proved more likely to give him the easily manipulated press he wanted
I don’t see anybody stopping you from saying anything you want to say, so stop playing the victim.
Trump is a uniquely American problem. You guys either elected him, or didn’t care enough to vote. Shit, his popularity is still almost 50% now even after he destroyed the economy.
Your argument is that the American people are so stupid that they were manipulated by foreign actors (TWICE) into electing an obvious fuckwit.
Well, ok, if you insist,
Your argument is that the American people are so stupid that they were manipulated by foreign actors (TWICE) into electing an obvious fuckwit.
You underestimate the power of propaganda.
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Didn’t realize a stagnant 40% means almost 50%, what a lesson in math!
Hahahha fucking scomo got lower than that, and his chief crime was being an unlikeable cunt and about half as incompetent. jesus christ america where the fuck are your heads
And they do it to their citizens too…
…And we do it to other countries and we do it to our citizens.
You can’t condemn another country for what we’ve been actively doing considerably longer than them having never stopped credibly. Our house is made of that candy glass they use in movies in this particular arena.
The oligarchs and their increasingly captured government, including both parties, have been poisoning us against anything that isn’t hyper-capitalist greed enabling from the great depression to the McCarthy witch hunts into today. Very few Americans could define socialism or communism in any sense with a gun to their heads, but they’ve been misinformed into being filled with hate and/or dread when they’re uttered.
Name one world superpower that doesn’t actively engage in mass disinformation campaigns both within and without, I’ll wait. I’d also argue that like our general military, we certainly spend the most on our global Orwell machine. Our CIA, along with the KGB, are the OG playbooks other nations refer to when doing it themselves.
How does that make any of it right? And how does it negate my point?
So far you’ve said a lot of obvious things, none of which refute my point that this end is what Russia and China have been working towards.
I’m saying that you can’t credibly go “you… You fucking shot me! What the fuck?!” at someone who shot you because you shot them a few seconds prior to that.
It doesn’t make it right. It’s wrong. But it’s also a non-sequitur for a serial killer to condemn another serial killer over the sanctity of life.
As an American, Americans have no business condemning other nations about misinformation campaigns until we clean our fucking house up and provide reparations to those both within and without who were hurt by our misinformation campaigns.
So what you’re saying is, because America’s government is doing shady shit, American citizens have no right to call out other countries for the shady shit they’re doing?
Since you like your weird conversational analogies, that’s like you saying;
“China gets to shoot whoever the fuck they want because other countries have shot people!”
Two wrongs don’t make a right. It’s a dumb argument. Stop doing it.
Huh? I’m the American government now? I reserve the right to condemn any government, anywhere, for reason. Especially when they make choices without my consent.
You speak emotionally, betraying that you know very little about the problems that truly need to be solved.
“Never interrupt your enemy when they are making a mistake.”
Spinless dipshit reverses course when confronted with consequences. More on this at the top of the hour…
That’s actually newsworthy for Trump.
Agreed.
Normally he would just shit his daiper even more aggressively.
Spinless dipshit reverses course when confronted with consequences. More on this at the top of the hour…
Hope he starts spinning again
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Kennedy was assassinated for less. This man has fucked with some higher powers’ money I’m surprised they haven’t ousted him for a canon slightly less loose, but I suppose he is quite the distraction.
They want their business plot 2.0.
consequences are for progressives
But Kennedy was a liberal. They don’t assassinate their fellow conservatives.
It’s because he’s still fighting for them, albeit a dumb fuck, he’s not fighting them
I hope the repercussions land on Trump and his cronies, and but just on this particular show of global bullying around tariffs.
The thing is that real damage has already been done. Trust that was built over the course of - without exaggeration - most of a century has been squandered by imbecilic and ham-handed “move fast break things” tactics. Trust is very fickle, and the gain/loss dynamic is completely asymmetrical: it takes ages to build, but can be destroyed in an instant. And the recovery phase is always going to be slower than the initial build, and it generally doesn’t ever reach as high as was before the initial betrayal, because, you know, people remember things.
But it’s the kind of damage they can try to throw a blanket over, so his supporters can deny it. They’ll never go to other countries, or understand the moments when that trust could have helped. They’ll be detached until someone else is in charge (if it happens) then pull the blanket off to blame others. Like the past 40 years. The empty shelves though. That hits now, and people denying it won’t be for long. They won’t survive.
Not this time. The damage is hitting magats hard.
But they don’t mind the pain, as long as they think it is hurting people they hate more.
The reverse is also true: Trump/MAGAs took credit for the stock market gains when Trump was first elected, but then blamed Biden for the stock market crash after Trump took office.
Basically MAGAs said that Biden ruined the economy but no one realized until after Trump started running the country. Schrödinger’s Recession, I guess.
you know, people remember things.
except actual americans… we can’t seem to remember shit past that last 20 second tiktok thing
You talk as though trusting the USA is a good thing, something to be regained. The U.S. is and always has been a genocidal, slave-owning, patriarchal oligarchy that masquerades as a “democracy”. I am actually quite happy to see tRump destroy the U.S. standing in the world, he has done more to destroy the evil empire in 4 months than anyone else in its entire history. It truly is a glorious thing.
I am entirely confident that you don’t understand the full implications of the vacuum of power that this will create.
I’m entirely confident that nobody fully understands that.
If the track record of Republicans who ever got reprimanded, faced consequences or were jailed says anything for you…
Trump is going to get away with all of this. He’s been impeached twice. He’s a convicted felon. He’s going to die comfortably somewhere while his shitstain heirs will try to retake what they feel is “rightfully theirs” which is positions of power.
Republicans will destroy, destroy and destroy. We get Democrats who come in, clean up some of the mess but strangely make you wonder why they hadn’t cleaned up all of it. Besides slow moving and how long it takes to build. They aren’t going to outright oust corrupt people as they should for the damage they caused. They only are somehow retained. People thought DeJoy was going to be thrown away when Biden got in, nope, he remained and got to comfortably step down. Just as an example.
The wonderful fucking political circus at work.
We are going to hate this president until the day he dies, then many of us will be making plans on how to best piss on his grave. That’s not a metaphor. Logistical discussions reveal that in order to avoid an indecent exposure charge a bottle must be used to hold and pour the piss.
I look forward to the new gender neutral bathroom
Instructions very clear. Stocking up on empty plastic bottles.
Start working on filling up a 55 gallon drum
Could we start some kind of piss bank, where we all deposit say a pint a week, and then periodically, a tanker arrives and empties 12000 gallons at a time.
Wouldn’t it be easier to take his coffin to where the piss is at that point?
Gives a whole new meaning to pouring one out. I’d so, so happily pour a bottle of piss on Trump’s grave.
I’m not even kidding. I will wear a damn MAGAT hat if it gets me close enough to do it. I’m also not going to just hit grass, that masoleum/tombstone is gonna smell like piss.
Tariffs were never meant for anything other than using the us economy to force other countries to bend the knee to Trump himself. Convince me I’m wrong.
You are incorrect, they are also for Market Manipulation.
Why not both?
Because OP wrote “never meant for anything other”
Looks like someone’s supervisor actually stepped in on something.
He’s so useless!
We’ve KNOWN he’s useless!
Get RID OF THIS GUY he SUCKS
How about in 3 years and 8 months we have an election and every one can vote for Nancy Pelosi who has Dick Cheney as her running mate?
Yeah maybe but now FUCK YOU. You started the tarrif war, I fucking demand that all world leaders finish it. Let there be empty shelves, let the USA go fucking bankrupt let all Americans lose their 401k or whatever the hell it’s called there. Let them suffer. You voted trump, or you allowed him to come in, he’s ALL yours now. Let him ruin the country, let him ruin all american lives.
The teade war should not stop until a revolution kicks in that will land his fat neck on a guillotine.
Once the Americans have cleaned house and basically have gone back to a real democracy (not the shit they’ve been doing for the past decades) we van talk about a truce.
Ubtil then: suffer the consequences of your own actions as you rained them down on the entire world, you insufferable assholes *
- This may not apply to all Americans but definitely the majority at this point
It’s like that t.rex scene in Jurassic Park. It got really scary, there was plenty of damage, but it all worked out in the end. Peak entertainment. 🍿
Well, except if you’re that one guy who got eaten alive. I guess Americans might feel like that.
… Were you dropped on your head as a child?
I’m kinda curious, which part you found so offensive?
