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#tarriffs

19 posts16 participants0 posts today

#Trump #Trumpenomics #USPol #Tarriffs #Corruption

"The stench of corruption around these policies keeps getting stronger. Investing in plant and equipment looks like a bad idea given the uncertainty, but investing in bribes for the ruling family clearly yields excellent returns."

paulkrugman.substack.com/p/the

Paul Krugman · The Trump Tariffs Just Got Even WorseBy Paul Krugman

‘Truly a moron’: Musk escalates spat with Trump trade adviser as he divides with White House over tariffs | CNN Business

edition.cnn.com/2025/04/08/bus

A bad job, done poorly... this whole administration should be sent home. But unfortunately, that is what the US system does not allow...

CNN · ‘Truly a moron’: Elon Musk escalates spat with Trump adviser Peter Navarro over tariffsBy Hadas Gold

The Trump clown-show raised Chinese tarrifs to 145%
I predict China is going to issue a policy for industry to stop attaching "Made in China" labels to products.
China will be paying import tarrifs to USA that is a bit higher than 10%
(Other countries will export Chinese goods at 10% to USA and take a cut)
🤡
#clownshow #trump #china #tarriffs

Donald Trump has declared a trade war against the entire world with the introduction of tariffs on all imports into the country.

While he may have paused many of these tariffs for 90 days, the trade war itself is still very much alive — and the working class is who will suffer.

Here’s how to understand Trump’s trade war ➡️

pslweb.org

I'm so angry at my grocery store for selling me more food than they buy from me that I'm going to impose huge taxes on myself for the food I buy from them, so that I can't afford to buy as much food as I bought in the past. That will teach the grocery store not to sell me the food I want to buy from them!

It will be interesting to see the price of Trump guitars, Trump bibles, Trump sports footwear and Trump wristwatches over the next few weeks and months.

Because, apparently, it's the exporting country that pays the tarriffs - and all that shit is made in China, so…