As he said recently on Truth Social: "Oops."
Donald Trump's Tariff Formula 'Based on an Error'—Conservative Think Tank
https://www.newsweek.com/donald-trumps-tariff-formula-based-error-conservative-think-tank-2055893
As President Donald Trump's tariffs spark alarm and criticism from across the political spectrum, analysts at conservative think tank the American Enterprise Institute (AEI) believe the formula used to calculate the import levies is "based on an error."
Donald Trump's Golf Win Announcement Sparks Backlash Amid Tariff Fallout
https://www.newsweek.com/donald-trump-golf-win-announcement-sparks-backlash-tariff-fallout-2055892
* thoughts and prayers *
Better hope you don't need government assistance now because your leader has likely torn down that institution with your party's blessing. You reap what you sow.
Don't worry though, the markets will recover someday, they say. Kellyanne Conway says this summer. LOL
MAGA Voters Are Getting Honest About How Trump's New Tariffs Are Affecting Them, And They're Not Holding Back
https://www.yahoo.com/news/tariffs-killing-maga-voters-getting-164141792.html
https://www.yahoo.com/news/tariffs-killing-maga-voters-getting-164141792.html
With his stellar academic qualifications, and unique regulatory (and now political) experience, in international economics - #markcarney has a seminal role to play in leading the rest of the world's response to Trump's tariffs - setting up a new world trade body and beneficial trade arrangements & zones exclusive of the US, looking at an alternative reserve currency. #tariffs #canada
Donald Trump's tariffs hit Russia hard
This is a completely unintended consequence. By tanking stocks all over the globe, Trump may have unintentionally done more damage to Russia than previous sanctions.
Most #pharmaceuticals are made at least in part in foreign nations
#Trump has been saying for weeks that he plans to impose #tariffs specifically on pharmaceuticals….He has said those levies could be 25% or higher. Drugmakers still expect tariffs targeting them to be announced soon.
“The pharmaceutical companies are going to come roaring back, …to our country because if they don’t, they got a big tax to pay,” Trump said Wed.
#economy #medications #PersonalFinances
https://www.nytimes.com/2025/04/04/health/drug-tariffs-trump-manufacturing.html?smid=nytcore-ios-share&referringSource=articleShare&sgrp=p&pvid=76886DC0-860E-43CB-8175-BD68E7FA7E3E
Stocks Suffer Record Two-Day Wipeout
$6.6 Trillion
Based on Friday's close, that's how much value the U.S. stock market shed in the past two sessions, according to Dow Jones Market Data.
The figure represents a new record. The biggest two-day pullback before this week was during the Covid-19 market, when $4.4 trillion of stock-market value evaporated in the two days ending March 12, 2020.
#paywall? #Destroyer #Trump #tariffs #WSJ #economy #stocks #WallSt #DOW #press
from #HandsOff Website
"NEW: Millions Turn Out for Over 1,300 Hands Off! Peaceful protests to Declare HANDS OFF! To Trump and Musk in largest day of action this year"
#Crisis #Tariffs #USA #EU #News #Democrats #Fascism #Economy #GDP #Oligarchy #Inflation #Stocks #Investment #Financial #FreeSpeech #Freedom #Constitution #NATO #World
'Probably unconstitutional': Trump's world trade war spotlights conservative fault lines
https://www.usatoday.com/story/news/politics/2025/04/05/trump-tariffs-republicans-gop/82943143007/
Graeme Keyes @KeyesGraeme on #TradeWar #TrumpTariffs #TradePolicy #tariffs #Trump #stockmarketcrash - political cartoon gallery in London original-political-cartoon.com
"65% of our sales are in the US, so this will take a heavy toll on Stonemaier Games. We’re fortunate that yesterday’s launch product, Tokaido, arrived in the US just before the original 20% #tariffs took effect. We won’t be so fortunate when Vantage–a project I’ve worked on for 8 years–ships from China in May and June. I’m not sure yet what we’ll do about that." https://stonemaiergames.com/the-darkest-timeline/
This is exactly what is happening with the US #tariffs. I commend this piece by @wellingtonrock, and it wonʼt take you that long to read and absorb.
https://mastodon.social/@wellingtonrock/114287238747095673 #USA #economy
They came out in defense of national parks and small businesses, public education and health care for veterans, abortion rights and fair elections. They marched against #tariffs and oligarchs, dark money and #fascism, the #deportation of legal immigrants and the Department of Government Efficiency.(
Demonstrators had no shortage of causes as they gathered in towns and cities across the country on Saturday to protest President #Trump’s agenda. Rallies were planned in all 50 states, and images posted on social media showed crowds in places like St. Augustine, Fla., and Franklin, N.C., and rainy Frankfort, Ky.
More #HandsOff news - from Europe this time
"'Hands off!' demos against Trump and Musk across US, Europe"
#Crisis #Tariffs #USA #EU #News #Democrats #Fascism #Economy #GDP #Oligarchy #Inflation #Stocks #Investment #Financial #FreeSpeech #Freedom #Constitution #NATO #World
https://www.dw.com/en/hands-off-demos-against-trump-and-musk-across-us-europe/live-72149383
Trump’s Tariffs Pose a New Threat for Germany’s Stagnant Economy
> #Germany had hoped that a new government would revive its stagnant #economy, but President Trump’s sweeping new #tariffs are stoking worries that Europe’s biggest economy will fall short of its 0.3 percent growth expectations this year.
> ...the uncertainty created by Mr. Trump’s policies, which can be announced or rescinded on a moment’s notice with little explanation, made the situation even worse.
https://archive.is/2025.04.03-113351/https://www.nytimes.com/2025/04/03/business/economy/germany-trump-tariffs-economy.html
And more #HandsOff related news
"Photos: Massive Crowds at Anti-Trump, Musk 'Hands Off' Rallies Across US"
#Crisis #Tariffs #USA #EU #News #Democrats #Fascism #Economy #GDP #Oligarchy #Inflation #Stocks #Investment #Financial #FreeSpeech #Freedom #Constitution #NATO #World
https://www.newsweek.com/massive-crowds-anti-trump-musk-protests-hands-off-across-us-2055887