@tecumseh12.bsky.social
Reposted
On top of that, tariffs on steel and aluminium, and cars, are still there.
why is *every* newspaper/programme running with the headline "tariffs are paused" when they haven't been.
What's happened is that every country (except China) gets a flat rate of 10% for 90 days.
What's happened is that every country (except China) gets a flat rate of 10% for 90 days.
April 10, 2025 at 11:00 AM
On top of that, tariffs on steel and aluminium, and cars, are still there.
Reposted
Jason Furman: "I don’t see how the president can get rid of what is now a massive, massive amount of uncertainty...The only way to put that genie back in the bottle would be for Congress to pass a law that takes tariff-setting power back to itself."
youtube.com/shorts/wmilO...
youtube.com/shorts/wmilO...
Jason Furman on the consequences of uncertainty
YouTube video by Conversations with Bill Kristol
youtube.com
April 10, 2025 at 11:22 AM
Jason Furman: "I don’t see how the president can get rid of what is now a massive, massive amount of uncertainty...The only way to put that genie back in the bottle would be for Congress to pass a law that takes tariff-setting power back to itself."
youtube.com/shorts/wmilO...
youtube.com/shorts/wmilO...
Reposted
Ya know who are typically considered the worst business owners? The ones that have no vision, are inconsistent and don't listen. It creates employee panic, lack of trust, and these companies typically don't hit their goals. Sound familiar?
April 10, 2025 at 11:32 AM
Ya know who are typically considered the worst business owners? The ones that have no vision, are inconsistent and don't listen. It creates employee panic, lack of trust, and these companies typically don't hit their goals. Sound familiar?
Reposted
🇨🇳🇺🇸 Post shared by Chinese Foreign Ministry Spokesperson Mao Ning after new U.S. tariffs on China.
April 10, 2025 at 12:46 PM
🇨🇳🇺🇸 Post shared by Chinese Foreign Ministry Spokesperson Mao Ning after new U.S. tariffs on China.
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GHEESH, seriously? I think you are stuck in a backwards time warp. China is not our biggest threat right now, you are along with the bulk of the Republican Party.
April 10, 2025 at 12:47 PM
GHEESH, seriously? I think you are stuck in a backwards time warp. China is not our biggest threat right now, you are along with the bulk of the Republican Party.
Reposted
The 10% tariff alone is a $2500 per household annual tax hike!
April 10, 2025 at 12:25 PM
The 10% tariff alone is a $2500 per household annual tax hike!
Reposted
He tanks the stock market, and he and his rich buddies buy low…
Then he pauses the tariffs, and stocks rise…
He and his rich buddies sell high.
Rinse and Repeat…over, and over again.
It isn’t Rocket Science…
It’s actually criminal.
Then he pauses the tariffs, and stocks rise…
He and his rich buddies sell high.
Rinse and Repeat…over, and over again.
It isn’t Rocket Science…
It’s actually criminal.
April 10, 2025 at 2:47 AM
He tanks the stock market, and he and his rich buddies buy low…
Then he pauses the tariffs, and stocks rise…
He and his rich buddies sell high.
Rinse and Repeat…over, and over again.
It isn’t Rocket Science…
It’s actually criminal.
Then he pauses the tariffs, and stocks rise…
He and his rich buddies sell high.
Rinse and Repeat…over, and over again.
It isn’t Rocket Science…
It’s actually criminal.
Reposted
Ukraine was hit with a 10% tariff on all its goods, apart from metal products, which already had a 25% tariff imposed on them in March; Kyiv has been wrapped up in drama after the Financial Times leaked the latest draft of the minerals deal last week; and more.
Ukraine Business Roundup — Tariff war
The following is the April 9, 2025 edition of our Ukraine Business Roundup weekly newsletter. To get the biggest news in business and tech from Ukraine directly in your inbox, subscribe here.
Preside...
kyivindependent.com
April 10, 2025 at 12:37 PM
Ukraine was hit with a 10% tariff on all its goods, apart from metal products, which already had a 25% tariff imposed on them in March; Kyiv has been wrapped up in drama after the Financial Times leaked the latest draft of the minerals deal last week; and more.
So the tariff issue is NOT about JOBS, It is only ABOUT MONEY $$$$$
Pete Navarro said manufacturing will be automated if it comes back to the US. MAGA is screwed.
April 10, 2025 at 2:02 AM
So the tariff issue is NOT about JOBS, It is only ABOUT MONEY $$$$$
Reposted
It's not over yet!
The 10% tariff will still hit US importers, as will the continuing 25% on Canada & Mexico. The bigly tariff on China will absolutely wreck many US businesses.
Other countries will roll back dependency on US trade. Trump is too volatile & too creepy to provide stability.
The 10% tariff will still hit US importers, as will the continuing 25% on Canada & Mexico. The bigly tariff on China will absolutely wreck many US businesses.
Other countries will roll back dependency on US trade. Trump is too volatile & too creepy to provide stability.
April 9, 2025 at 9:32 PM
It's not over yet!
The 10% tariff will still hit US importers, as will the continuing 25% on Canada & Mexico. The bigly tariff on China will absolutely wreck many US businesses.
Other countries will roll back dependency on US trade. Trump is too volatile & too creepy to provide stability.
The 10% tariff will still hit US importers, as will the continuing 25% on Canada & Mexico. The bigly tariff on China will absolutely wreck many US businesses.
Other countries will roll back dependency on US trade. Trump is too volatile & too creepy to provide stability.
Reposted
Market manipulation, plain and simple.
934am: This is a great time to buy
134pm: I'm pausing Tarrifs for 90 days
If Obama, Hillary, or Joe had pulled any of this, Republicans would be storming the Capital and building Gallows 😡
934am: This is a great time to buy
134pm: I'm pausing Tarrifs for 90 days
If Obama, Hillary, or Joe had pulled any of this, Republicans would be storming the Capital and building Gallows 😡
April 9, 2025 at 8:18 PM
Market manipulation, plain and simple.
934am: This is a great time to buy
134pm: I'm pausing Tarrifs for 90 days
If Obama, Hillary, or Joe had pulled any of this, Republicans would be storming the Capital and building Gallows 😡
934am: This is a great time to buy
134pm: I'm pausing Tarrifs for 90 days
If Obama, Hillary, or Joe had pulled any of this, Republicans would be storming the Capital and building Gallows 😡
Reposted
imagine being this pathetic, servile and eager to gulp up the slop
April 9, 2025 at 8:52 PM
imagine being this pathetic, servile and eager to gulp up the slop
Reposted
Has he fired Navarro yet? The other idiots he brought in? Followed by stepping down? That’s the only way to actually fix anything.
In case this isn't obvious, we haven't reached an all's-well-that-ends-well moment.
An erratic White House has created months’ worth of chaos, undermining global confidence in the United States. The recovery, if it happens, will not come soon. www.msnbc.com/rachel-maddo...
An erratic White House has created months’ worth of chaos, undermining global confidence in the United States. The recovery, if it happens, will not come soon. www.msnbc.com/rachel-maddo...
The only thing consistent thing about the White House’s tariffs are the inconsistencies
An erratic White House has created months’ worth of chaos, undermining international confidence in the United States, its economy and its leadership.
www.msnbc.com
April 9, 2025 at 7:46 PM
Has he fired Navarro yet? The other idiots he brought in? Followed by stepping down? That’s the only way to actually fix anything.
Trump & MUSK similar playbook.
Fire everyone, find out U FF UP and then re hire.
Trump same with Tariffs, Tariff all with INSANE TARIFFS c what happens!
Stock market crashes and NO ONE wants US BONDS, so back off on tariff.
Government by Billionaires run like an unsupervised Kindergarden.
Fire everyone, find out U FF UP and then re hire.
Trump same with Tariffs, Tariff all with INSANE TARIFFS c what happens!
Stock market crashes and NO ONE wants US BONDS, so back off on tariff.
Government by Billionaires run like an unsupervised Kindergarden.
I’m not a global Econ guy. I guess take 2 here is slightly less ruinous in geopolitical terms. But it seems maybe even more catastrophic in inflationary terms and maybe growth terms too?
April 9, 2025 at 7:39 PM
Trump & MUSK similar playbook.
Fire everyone, find out U FF UP and then re hire.
Trump same with Tariffs, Tariff all with INSANE TARIFFS c what happens!
Stock market crashes and NO ONE wants US BONDS, so back off on tariff.
Government by Billionaires run like an unsupervised Kindergarden.
Fire everyone, find out U FF UP and then re hire.
Trump same with Tariffs, Tariff all with INSANE TARIFFS c what happens!
Stock market crashes and NO ONE wants US BONDS, so back off on tariff.
Government by Billionaires run like an unsupervised Kindergarden.
Reposted
I’m not a global Econ guy. I guess take 2 here is slightly less ruinous in geopolitical terms. But it seems maybe even more catastrophic in inflationary terms and maybe growth terms too?
April 9, 2025 at 6:58 PM
I’m not a global Econ guy. I guess take 2 here is slightly less ruinous in geopolitical terms. But it seems maybe even more catastrophic in inflationary terms and maybe growth terms too?
Reposted
TL;DR: The new U.S. tariff rate against our two largest trading partners is either 10%, 25% or 35%, and so far no one I've reached out to at the White House is able to tell me which.
So the White House says the 10% baseline tariff also applies to Canada & Mexico. It has not said whether that's the effective new rate itself; whether it adds to the 25% fentanyl tariff, making the new rate 35%; or whether it kicks in only if the fentanyl tariff falls away
April 9, 2025 at 6:38 PM
TL;DR: The new U.S. tariff rate against our two largest trading partners is either 10%, 25% or 35%, and so far no one I've reached out to at the White House is able to tell me which.
Because 99% of what is coming out of the white house HAS BEEN THOROUGHLY STUDIED for at least 5 minutes before announcing it as PERMANENT POLICY,
With a new tariff being added/removed daily, I think it is pretty easy to lose track of what is in place.
US customs must be pulling their hair out!
With a new tariff being added/removed daily, I think it is pretty easy to lose track of what is in place.
US customs must be pulling their hair out!
Completely possible this is by design. But I think it’s just as possible it’s inadvertent. It’s not a defense. It’s just a testament to the level of sloppiness and incompetence.
[blinking] www.nytimes.com/live/2025/04...
April 9, 2025 at 7:27 PM
Because 99% of what is coming out of the white house HAS BEEN THOROUGHLY STUDIED for at least 5 minutes before announcing it as PERMANENT POLICY,
With a new tariff being added/removed daily, I think it is pretty easy to lose track of what is in place.
US customs must be pulling their hair out!
With a new tariff being added/removed daily, I think it is pretty easy to lose track of what is in place.
US customs must be pulling their hair out!
Reposted
Not sure about the Civil War but Poilievre winning will be a nightmare for Canada. I could never listen to anything he says. I can't stand the sight of him or his voice.
April 9, 2025 at 7:16 PM
Not sure about the Civil War but Poilievre winning will be a nightmare for Canada. I could never listen to anything he says. I can't stand the sight of him or his voice.
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The EU and Canada must forge good trade deals with China as they are a trustworthy and reliable partner unlike the US.
April 9, 2025 at 7:16 PM
The EU and Canada must forge good trade deals with China as they are a trustworthy and reliable partner unlike the US.
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Here’s the best way to understand what’s happening. Trump genuinely wants to impose a 19th century mercantilist model that would crash the economy and destroy the global trading order but the idea is just so colossally stupid and destructive, he can’t actually do it. So we get this.
April 9, 2025 at 5:45 PM
Here’s the best way to understand what’s happening. Trump genuinely wants to impose a 19th century mercantilist model that would crash the economy and destroy the global trading order but the idea is just so colossally stupid and destructive, he can’t actually do it. So we get this.
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It’s time to make Canada the world’s leading energy superpower — to reduce our reliance on other countries, fight for Canadian jobs, and defend our economic sovereignty.
April 9, 2025 at 4:39 PM
It’s time to make Canada the world’s leading energy superpower — to reduce our reliance on other countries, fight for Canadian jobs, and defend our economic sovereignty.
Reposted
To recap: the bond market crashed, Trump soiled himself, and Bessent offered him a clean diaper and a way out
April 9, 2025 at 6:00 PM
To recap: the bond market crashed, Trump soiled himself, and Bessent offered him a clean diaper and a way out