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#tariffs

606 posts423 participants2 posts today

How Canada's Mark Carney plans to win over Donald Trump.

> Carney told his audience in Edmonton, Alberta, sporting the local Oilers hockey shirt: "President Trump has ruptured the global economy... America's leadership of the global economy is over. It's still in play, but it is a tragedy, and our new reality… in this trade war, just like in hockey, we will win".
bbc.com/news/articles/cgjlqwxe #Canada #Tariffs #TradeWar

Mark Carney seen from the side, with the Canadian flag in the background
www.bbc.comHow Canada's Mark Carney plans to win over Donald TrumpIn his exclusive BBC interview, the Canadian Prime Minister indicates how he plans to tackle Trump.

Listening to Marketplace yesterday with the segment including talks with various people whose businesses import their products from China. A gentleman who imports shoes manufactured there said he was expecting his usual cost of #60,000 for the current shipment when Trump dropped the 100%+ tariff on China.
His bill went to $1 million. He cancelled the shipment as there is no way he could pay it. If he did, what would those shoes have to cost?
#Economics #Tariffs

“China is eating the tariffs.

Trump downplayed recession concerns, saying, “anything can happen, demonstrating a nonchalant attitude about a severe economic downturn. He insisted that the price of eggs “were down 87% under his admin…”

“When you look at the stmts that were edited out of Trump’s MTP interview that aired on TV, it is pretty rich that he’s suing 60 Mins. over edits to Harris.”
-R Filipkowski

#DelusionalDon #Stagflation #Tariffs #Trumpcession #Resist #USPol
meidasnews.com/news/what-trump

6% That's how much my monthly retirement income has decreased since the tariffs. Living abroad, my income is affected by exchange rates and the US dollar has tanked against the British pound.
I know this is not a lot and so many people are far worse off, but, and pardon my language: Truck Fump.
#Tariffs #US #UK #ExchangeRate

New York Times: Trump’s Tariff on Cheap Chinese Imports Will Cost Big Tech Billions. This link goes to a gift article. “Over a two-week period starting March 31, Temu spent 31 percent less on U.S. daily advertising on Facebook, Instagram, TikTok, Snap, X and YouTube than its average daily spending on those platforms in the previous 30 days, according to estimates from Sensor Tower, a market […]

https://rbfirehose.com/2025/05/04/new-york-times-trumps-tariff-on-cheap-chinese-imports-will-cost-big-tech-billions/

ResearchBuzz: Firehose | Individual posts from ResearchBuzz · New York Times: Trump’s Tariff on Cheap Chinese Imports Will Cost Big Tech Billions | ResearchBuzz: Firehose
More from ResearchBuzz: Firehose

Hi everyone, with the incoming #tariffs likely affecting the cost and availability of food, please feel free to reach out if you need help foraging or growing your own food. Just tag me with any Q’s.

Below are #FoodSecurity links you may find useful. 1/2 🧵

Find and support local growers here:
localharvest.org/
blackfarmersindex.com

Locate a food co-op near you:
grocerystory.coop

Trump really doesn't like small businesses.

"Are you considering tariff relief for small businesses?"

Trump: "Why do you always mention a couple of little businesses? What about the car business? ... Why don't you mention the big car industry instead of somebody that's doing strollers?"

nbcnews.com/meet-the-press/vid

NBC News · May 4 – President Donald TrumpBy NBC News

The beauty the US will be in a few weeks or months.

By telling everyone tariffs will go down but not yet, every company out there is incentivized to hold on their shipments.
Then once he finally caves, it will be congestion.

Stock shortages covid style are on their way!

Continued thread

"We have lost one million tons. We're talking a value of around two billion euros (~$2.26B US) which we've lost,& of course that leads to capacity reduction & job losses in EU" explained Dir. Gen. of EUROFER

US gets 25% #tariffs tax increase & lost jobs
#econsky #economy bastillepost.com/global/articl

Bastillepost 巴士的報 · U.S. steel tariffs spark EU trade fallout, cost billions in lossesBy Bastillepost
Continued thread

I HAVE NEVER AGREED WITH MARC SHORT (Pence's fmr Chief of Staff) BEFORE, but he was absolutely right for once on #MtP:

"When Jeff #Bezos threatened to put the 'increased cost due to T****'s #tariffs" next to each price on Amazon, T**** hit the roof, called Bezos, and demanded he stop. WHY? I thought this was EXACTLY what T**** wanted? Let people know how much imported products cost to encourage them to buy products #MadeInAmerica."

It PROVES this has NEVER been about "creating jobs".