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#tariffs

1.5K posts656 participants218 posts today
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Zhi Zhu 🕸️

"They came out in defense of #NationalParks & small businesses, public #education & #health care for #veterans, #abortion rights & fair #elections. They marched against #tariffs & #oligarchs, dark money & #fascism, the deportation of legal immigrants & #DOGE.

Demonstrators had no shortage of causes as they gathered in towns and cities across the country on Saturday to protest Trump’s agenda."
nytimes.com/2025/04/05/us/poli

Headline and video still with embedded caption from The New York Times: Headline: Mass Protests Across the Country Show Resistance to Trump Demonstrators packed the streets in cities and towns to rail against government cutbacks, financial turmoil and what they viewed as attacks on democracy. Video still: Protestors march together and hold up signs signaling their opposition to President Trump and his administration’s cuts to the federal government. Some signs read, "Hands Off!", "Hands off social security", "Hands off voting rights", and "Don't be a chicken in a coup." Embedded caption: Protesters Rally Against Trump and Musk Across the U.S.
Protestors fill the streets in Manhattan.
Protestors fill the National Mall in Washington DC.
Protestors in Atlanta raise their voices and their protest signs, one of which reads, "Hands off civil rights"
#Resist#Resistance#HandsOff
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Klaus-Gerd Giesen

And then, suddenly, #ElonMusk realizes that #Trump 's tariffs may possibly be an end in themselves, to simply generate #budget #revenue for the #USA #state ,and not a means of pressuring other #countries into bilateral #negotiations for the complete mutual elimination of all #tariffs as well as a drastic reduction in non-tariff barriers, which is the #neoliberal #dream .He starts to understand that, as far as his own #business is concerned, he may have bet on the wrong #horse .

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Six Grandfathers Mountain

@Lazarou
RE
Mad King's proclamations...

The #TrumpAdministration used mislabeled records, adding all trade machinery from all #territories as coming from the penguin islands #PANICANS

"#TheGuardian...shipping records suggests that #tariffs imposed on the Heard and McDonalds Islands, as well as Norfolk Island, are based on incorrect data

It found shipments had been wrongly labelled as coming from the territories, rather than their actual places of origin"

bbc.com/news/articles/cly8xlj0

PANICANS "Trump's reciprocal tariffs will exploit us mercilessly" "We refuse to be a US trading partner"
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Kim Perales

"On Trade & Tariffs, Trump’s Stubborn Ignorance Shines Bright. The president can't be taught. And we’re suffering for it.

Nothing as critical as the entire world trading system or the maint of the NATO alliance should be decided by which side of the bed upon which the emperor wakes up. But due to the cowardice & cupidity of the GOP/others, we’ve gradually lost to strongman rule -bowing before a POWER-DRUNK MAN-CHILD."
#Idiocracy #Tariffs #Trump #Trumpcession #Stagflation thebulwark.com/p/trade-and-tar

The Bulwark · On Trade and Tariffs, Trump’s Stubborn Ignorance Shines BrightBy Mona Charen
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Kim Perales

">90% of the revenues from Trump’s original China tariffs (all paid for by American consumers) were used to bail out farmers hurt by the #tariffs."

Get ready for the same thing, but on a vastly greater scale."
-Rep Malinowski

"And here come the bailouts to keep these cos. afloat.

"So not only will American consumers pay the tariffs.

But American taxpayers will now be bailing out American cos. to keep them afloat.

Economic illiteracy of the highest degree."
-S Hakimian

Text excerpt discussing the Trump administration's consideration of a new exporter tax credit aimed at mitigating the impact of tariffs on U.S. manufacturers. It mentions potential rebates for boosting U.S. exports and the need for congressional approval.
#USPol#Trumpcession
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ˈdälfən™🐬 💥 🌊

Trump thinks other countries “make” money when they have a trade surplus over the #USA (and the U.S. subsequently loses money).

I don’t think it matters how many economists try to get him to see things differently. This is #Trumponomics .

#trump #tariffs #economics

/6 of 6 🧵

I quoted the words carefully below and listened three times. He said, “They were charged tariffs.”

"Look, we've been ripped off and taken advantage of for...40, 50, 60 years. And the reason we got ripped off and the way they did it was tariffs. They were charged tariffs. Massive numbers of dollars. And when you look at...ah...China, when I took over, it was $507 billion they were making. I call it ‘making, you know, a lot of people say, 'Oh, it doesn't mean anything- having a surplus! It means A LOT in my opinion. It's almost like a profit and loss statement." —US President Trump, 7 April 2025
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