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#tariffs

2.1K posts1.1K participants272 posts today

As he said recently on Truth Social: "Oops."

Donald Trump's Tariff Formula 'Based on an Error'—Conservative Think Tank

newsweek.com/donald-trumps-tar

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 tariffs
Newsweek · Donald Trump's Tariff Formula 'Based on an Error'—Conservative Think TankBy Jason Lemon

* 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

yahoo.com/news/tariffs-killing

yahoo.com/news/tariffs-killing

Yahoo News · "These Tariffs Are Killing Me": MAGA Voters Are Getting Honest About How Trump's New Tariffs Are Affecting Them, And They're Not Holding BackBy Michaela Bramwell
#MAGA#Trump#tariffs

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

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
nytimes.com/2025/04/04/health/

Most of the prescription drugs Americans use are produced at least partly overseas.
The New York Times · Trump’s Next Tariffs Target Could be Foreign-Made PharmaceuticalsBy Rebecca Robbins

Stocks Suffer Record Two-Day Wipeout

wsj.com/livecoverage/stock-mar

$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

"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." stonemaiergames.com/the-darkes

Stonemaier Games · The Darkest TimelineLast night I tried to work on a new game I’m brainstorming, but it’s really hard to create something for the future when that future looks so grim. I mostly just found myself staring bl…

✊🏼 #HandsOff 👏🏼

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.
(🎁) https://www.nytimes.com/2025/04/05/us/politics/anti-trump-protests-hands-off.html?unlocked_article_code=1.9U4.tOhM.MMCHzUKFdCng&smid=nytcore-android-share
The crowds stretched for nearly 20 blocks in Manhattan.
The New York Times · Anti-Trump Protests Get Underway Across the CountryBy Shaila Dewan

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.
archive.is/2025.04.03-113351/h