"Trump is the enemy of the entire world. He is too self-absorbed, too corrupt, too bigoted, and too stupid to produce anything but complete devastation. He and every inch of his political movement must be completely destroyed"

Will Stancil‬ ‪

Congress can end this trade war any time they want.

Every day this economic collapse continues is a choice they made.

Tariffs threaten higher prices on wine, goods at local restaurants https://www.diningandcooking.com/2006240/tariffs-threaten-higher-prices-on-wine-goods-at-local-restaurants/ #EuropeanUnion #imports #Madagascar #McMackin #prices #restaurant #tariffs #Wine

Why are Japanese streets empty of U.S. cars? It’s no mystery — they're not good enough. https://www.japantimes.co.jp/commentary/2025/04/08/japan/japan-tarriff-myth-wont-die/?utm_medium=Social&utm_source=mastodon #commentary #japan #automakers #tariffs #trade #imports #toyota #nissan #gm #ford

Make sure everyone at your water cooler knows that Congress can stop the #Trumponomics Tariff Crash in about an hour, any time they want.

Zimbabwe president to suspend tariffs on imports from the United States http://newsfeed.facilit8.network/TK02xY #Zimbabwe #Tariffs #Imports #Exports #USRelations

Personal Question

Seems like our least favorite South African Weirdo has been awful quiet lately.

They say Tesla cars are made in China, so with that new 35% import tax their price is going to rise significantly.

Many years ago I visited #detroit and ended up in some suburbs. There you will see how the collapse of production in the #USA destroyed entire communities. The blunt effect of #tariffs probably won't fix that, but #Trump is right to try to bring jobs back. Assuming that is actually what he wants. Vast swathes of people in the #USA and #Europe lost jobs that enabled them to gain an economic foothold once financialisation and #imports took over. #EuropeFirst too!

https://finance.yahoo.com/news/live/stock-market-today-dow-plunges-2000-points-nasdaq-set-to-enter-bear-market-as-trump-tariffs-hammer-wall-street-133033009.html

https://www.politico.com/news/magazine/2025/04/04/trump-stagflation-presidents-history-00270981

This Economic Paradox Nearly Took Down Three Presidents. Is Donald Trump Next?

https://finance.yahoo.com/news/china-retaliation-us-farm-goods-130116146.html

China retaliation on US farm goods hits soybeans, bolstering Brazil

On #tariffs:
"Retaliation by other countries will lead to a fall in US exports. In the 1930s, after the Smoot-Hawley tariffs were imposed, retaliation led to a 33% fall in US exports and spiralling down of international trade […].
"A tariff trade war would hit the US economy harder than Smoot-Hawley, since trade is now three times as big a share of GDP as it was in 1929, and was 75% of GDP in 2024 – versus roughly 6% in 1929."

https://thenextrecession.wordpress.com/2025/04/04/trumps-tariffs-some-facts-and-consequences-from-various-sources/