"Walmart thought it could use its immense power as America’s biggest retailer to make Chinese suppliers eat the cost of Donald #Trump ’s #tariffs. But Walmart got a response it’s not accustomed to hearing: No."
#TrumpTax
https://www.cnn.com/2025/03/24/business/walmart-china-tariffs?cid=ios_app
“Speaking on background, a White House official told CBC News that despite #Trump 's repeated threats about sector-specific #tariffs, they may not actually happen next month.”
#Canada #TrumpTax
https://www.cbc.ca/news/world/trump-sectoral-tariffs-april-2-change-1.7491544
Canadian Prime Minister Mark Carney calls for a snap election for April 28, days ahead of more potential Trump tariffs. @CNN has the latest:
#MAGA - All signs are pointing to a coming recession as #US President #DonaldTrump imposes #tariffs on close trading partners, oversees mass firings of civil servants, and pushes for cuts to public services
> —but by firing economists, advisers, and other experts tasked with advising federal agencies on economic shifts, the administration is working to ensure that the government and the public can't read those signs. https://www.commondreams.org/news/how-will-trumps-tariffs-affect-the-economy #US #economy #recession #DOGE
@ZhiZhu@newsie.socialElon Musk & Donald Trump Have Chosen Chaos
#ElonMusk secured his choke hold on the mechanics of the federal govt weeks ago. Along w/ #DonaldTrump, he has already standardized chaos across the US.
https://www.wired.com/story/elon-musk-donald-trump-chaos/
"the #US is in pure #chaos mode. Tens of thousands of workers are fired one week and forcibly rehired the next. #Tariffs rise and fall... #Deportations fly in the face of judicial orders, careening the country toward a #ConstitutionalCrisis."
Friend working for one of Canada's biggest insurance companies says that all US work travel is now strictly banned. (Edit: For their own employees)
This is a big deal.
@Aminorjourney@lgbtqia.space"#Tariffs won't affect consumers"
Suuuuure they won't, #OranutanDon.
My latest order of #components would disagree.
@MikeImBack@disabled.socialA long standing monument to peace, unity and friendship between #Canada and #America has now been attacked by America, and shut down. The library that straddles both countries, a show of trust and respect, has banned Canadians from the US side, destroying the trust and friendship between our two countries
"U.S. authorities closing Canadian access to library that straddles Quebec-Vermont border"
@paul@oldfriends.live'Disappointing and devastating': #Ohio's Cleveland-Cliffs steel manufacturer to layoff 639 workers in #Minnesota and #Virginia and blames auto industry cuts orders because of Trump #tariffs
#USPol
The Ohio-based company is North America’s largest producer of flat-rolled steel and is idling operations. #Unions #SteelWorkers
https://www.startribune.com/iron-range-layoffs-cleveland-cliffs-taconite-steelworkers/601240194
As the European Union seeks to avoid escalating a trade war, the bloc is delaying imposing tariffs on goods from the United States until April. Read more from @Semafor
https://flip.it/ZeqEv1
#Tariffs #EU #Europe #Trump #US #Trade
And now you know why he wants all those juicy government contracts ..
roof flies off quicker than his hair plugs …
#trump #DonaldTrump #uspolitics #uspol #Musk #elonmusk #politics #bbc #gop #republicans #Democrats #trade #tariffs #MAGA #gop #Tariff #FuckTrump #TrumpIsARussianAsset #tesla #teslatakedown
Je me souviens @ManyRoads@mstdn.socialGood for the #EU , another #Trump failure.
" EU slams the door on US in colossal defense plan
Bloc aims to build up military-industrial complex to deter Russia and brace for the U.S. shift away from Europe. "
#Russia# #Crisis #Tariffs #Economy #Canada #NAFTA #TradeWar #USA #EU #Europe #NATO #News #Democrats #MAGA #Fascism #USA #Ukraine
https://www.politico.eu/article/eu-freeze-us-multi-billion-defense-plan-arm-makers/
@wdlindsy@toad.social"Other Fox personalities have been warning of a downturn or a recession. Meanwhile, a new NBC poll finds Trump’s approval on the economy is sinking. Yet he’s forging ahead with his tariffs and rarely bothers talking about the economy anymore."
#Musk #Trump #economy #tariffs #Trumpcession #stagflation #PriceofEggs #FoxNews
/2
@wdlindsy@toad.social"Fox News personalities are panicking about President Trump’s economy. Fox’s Maria Bartiromo, who has begun loudly sounding the alarm about Trump’s tariffs, lost patience with a Trump official on Tuesday, and walked through the reasons why business leaders are unhappy with the chaos Trump has unleashed."
~ Greg Sargent
#Musk #Trump #economy #tariffs #Trumpcession #stagflation #PriceofEggs #FoxNews
/1
@wdlindsy@toad.social"In two months, the United States has experienced the worst outbreak of measles in decades. The stock markets have suffered heavy losses. Prices of household items and food have risen.
In two months, the United States has become more of a pariah than a partner concerning human rights, global security, environmental protection, and goodwill."
#Musk #Trump #measles #economy #tariffs #StockMarket #PriceofEggs #stagflation #Trumpcession #HumanRights #environment #GlobalSecurity
/3
First question: how much of the higher inflation forecast is due to #TrumpTariffs?
"It is going to be very difficult to have a precise assessment of how much of inflation is coming from #tariffs…. clearly some of it [#inflation], a good part of it is, is coming from tariffs.”
"But we'll be working & so will other forecasters to try to find the best possible way to separate non-tariff inflation from tariff inflation."
"The #Fed is as lost in the wilderness as the rest of us trying to decipher the continual shifts in #EconomicPolicy from 1600 Pennsylvania Avenue," said #Inflation Insights' Omair Sharif, referring to the street address of the White House.
"Beyond the cut to median growth this year & the boost to median inflation, the most telling aspect of the (projections) is the shift higher in #uncertainty."
"Some near-term measures of #inflation expectations have recently moved up. We see this in both market & survey-based measures, & survey respondents, both consumers & businesses, are mentioning tariffs as a driving factor."
