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China tariffs are now 104%. Forget inflation for a moment—American owned companies are going to go out of business. This is bonkers!!!

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He’s a madman and needs to be removed immediately, but no he has a plan. No , things will not get better. Only when he is gone and all his sycophants are out of office. And no more billionaires running the country!

He is just a crash dummy spearheading a takeover. The virus (Gop) has infiltrated ALL our institutions, courts, etc. and are enabling the kremlin's agenda by either blackmail or bribes. Real talk, this is not improvised. Its a decades in the making strategy, Khrushev's wet dream. Losing our country.

China is taking this with a baffled shrug. We no longer control the world economy, Trump has turned us into a failing nation, an empire in retreat, handing leadership to China. Major corporations won't fail but average American's 401k's will. Even the mighty Fidelity Magellan down 25% in 4 months.

Some say the billionaires who have the orange guy as their puppet are seeking an economic crash to impose a new social order and become feudal lords. It's hard to believe, but given the facts...

Exports to the US represent less than 4% of China’s GDP, and their GDP is growing at over 5% per year. US exports could end tomorrow, and they’d barely notice it.

Russia has the once mighty USA by the nuts and will not let go willingly. 45 will destroy everything he can while he is allowed, he is no longer pretending. And we are going along with it. Next is martial law and concentration camps, and not only for POC and "illegals". Buckle up. Just beginning.

trump is waiting for China to call and beg him to remove the tariffs. China is not blinking so far. Sounds like he is worried. Maybe China plans on bitch slapping him. Somebody has to stand up against him, looks like Xi is.

Also, China controls the pricing for the public since the government technically owns all businesses. China has the ability to absorb all of the tariff costs that the United States adds so that the end consumer never feels the burden

I can only imagine what the Dollar Store industry is going through...sounds like $2+ will have to be their starting price...that's if they survive, of course1

What if China is also in talks with Europe? Trust is the major issue; even if tariffs are reversed for some countries, no one trusts the US. The damage is done, and the King will be even mad now.

Today von Der Leyden and Li Qiang chinese Prime Minister had spoke. It's an important sign, and talks will continue toward a trade agreement that could be announced at the US-China summit in July, commemorating the 50th anniversary of diplomatic relations.

This may slow down the decoupling process, but it will occur. The US will gradually lose leverage and allies. Investment and growth dislike uncertainty.

Why would Trump purposely crash the stock market? Because eventually he and his friends will buy securities at a deep discount and prosper as he announces an economically positive agenda. It’s enough to make you sick. Maybe the new Dem House in 2026 will investigate.

I’m thinking with pressure from these big companies (who basically pay for their campaigns) the Senate will but a stop to Trumps control of the economy. If not Heaven help us.

I feel like I am existing in the disassociated space of the last car on a wrecking train watching the first cars going off the cliff. I’m the reasonably recently homeless. I’m closer to that life than a 401k life. Find your local mutual aid networks and play nice. Hey might not be panicking like you

It appears to me that dipshit FOTUS doesn't even understand what a tariff is. He makes it sound like the other countries will be paying the United States and we will be swimming in cash. Can someone please put him in time out?!

It's a good thing Bezos got his life-size blow-up doll before the China tariffs kicked in, and he'd better go easy on it. Because once Trump tanks Amazon, Jeffy may not be able to afford to buy another one.

Yes, well, trump only knows how to grift money. If he loses it on a real estate deal, trump U, trump ties, etc., simply find a sucker to hand over their money to him, as he avoids paying his bills.

An order I was going to make from China for my business will now cost me $13,000 instead of around $6,000. Fuck this fucking moron! He is gonna put me and many other small businesses out of business.

The billionaire fascists support him and dictate the program. They want to enslave workers and destroy small businesses. But it turns out that small businesses are essential to the social fabric, and ruining them ruins the country.

I keep saying that this is a move that is to benefit big business (that they have already prepared for, both short and long term). Small businesses fold, big business slides in where the small businesses fell off. It’s messed up…

Sorry to hear that. Being a businessman myself, of custom jewelry, I understand. If your business is low margin, you must raise your price as well. Sadly, this happens all the time, for many varied reasons. This is the challenge a businessman lives by every day.

Trump was wrong in saying we would have to go through a little pain. His reckless SWAG “simple wild ass guess” has plunged the world into chaos. Small businesses, farms, manufacturing companies will go out of business as experts predict the U.S. economy will enter into a full recession this quarter.

It's an upside down world 🌎 when I'm rooting for China 🇨🇳 but here we are. The US just cancelled my country's 🇹🇹 license that we previously negotiated to develop Venezuelan 🇻🇪 gas fields.

"THE SLEEP OF REASON PRODUCES MONSTERS" (Goya).China, EU, Canada not caving to Trump. Damage Train to US picking up speed. Trump allies show worry. Trump is incapable to self-correct-a trapped narcissist. Is WAR (bomb Iran) the next move Trump will take to restore his distorted sense of control?

Brainless Fool proclaims we buy American, while no one will have components: little necessities, like chips & auto parts, steel, aluminum. No jobs, no money, forget service jobs, health care. All are globally interdependent. Damned demented fool!

So a China bristle paintbrush that yesterday cost $9.00 retail was imported at a cost of $2.00 plus $0.25 shipping and $0.40 tariff will now cost $1.65 more paid by the importer. Including margins we will pay about $11.00 retail. Not really noticeable on the small things but about 20% inflation.

China tariffs are now 104%. Forget inflation for a moment—American owned companies are going to go out of business. This is bonkers!!! --- US military will NOT be pleased by having to pay twice as much for dearly needed rare earth minerals.

One, of uncountable, problems with Trumusk and what he believes and does is that it’s all about numbers! But what he Trumping, absolutely doesn’t understand is that pulling numbers out of his butt without doing any thinking about the real impact of his actions, is a path to disaster!

China's thinking moves in hundreds of years ahead. Does anyone think China is perplexed by US tarrifs? They are just a challenge for China. Depending on produce US tarrifs are just a tax on modern trade.

When are we going to get the part where trump finally ends the tariffs and tells us all how he has fixed the problem of these record stock market crashes that President Biden caused and what a super genius he is? 🙄

Look around any room in a house or office. Look at anything less than 20 years old. Count how many things AREN'T made in, made of components or chemicals made in, or with tools or equipment made in China. And that's not a necessarily bad thing. You probably could NEVER have afforded the other

things if they'd been made in America. And we'd be FUCKED if we'd tried to survive on our pay buying those things if they'd been made in America, plus we helped the hundreds of millions of Chinese people. I don't begrudge them that. We did the same to the rest of the world from 1940 to about 1975.

It's time for a healthier approach. Uniting under the banner of sustainability for all life, prioritizing wealth/power parity for all life. Stop human addictions like wealth hoarding, exploitative, and abusive social norms. #SocialReform #GlobalReform #HumanReform

I was thinking more like Ollie’s and Family Dollar/Dollar Tree. Practically their entire inventory is made in China. Sure won’t be a benefit to shopping there. Hallmark gift bags are already $5. Dollar Tree gift bags are $2. This makes them over $4.

THIS IS INTENTIONAL. "The tariffs aren’t economic policy. They are political weapons. But as long as we see this clearly, we can stop him. Public mobilization is working. Today, a few Republicans joined Democrats to vote against one set of tariffs." See 🧵@chrismurphyct.bsky.social

Take note: "a network state" bsky.app/profile/jenn...

Jenny Cohn@jennycohn.bsky.social

Pronomos Capital—backed by Peter Thiel, Marc Andreessen, & Nate Fischer—supports the construction of crypto-based charter cities. The Pronomos website lists its projects—including Prospera—& links to a substack, which says that “Próspera could be a multi-jurisdictional ‘network state’” by 2040. 1/

Trump has no care or concern for the primary, secondary, or tertiary effects of these tariffs. Just maniacal whims. No understanding of economics and no idea how the global supply chain operates. There are little or no solely manufactured products in any country. Stalin had 5 year plans!

The costs of manufacturing in this country is a balance between work force demands OR factory floor modernization OR BLOATED C-Level pay checks. We missed the opportunity to force modernization when we deregulated executive pay…

Nike spikes person said that Nike would keep manufacturing where it is and focus on doing business in the rest of the world, passing tariffs on to Americans rather than move their manufacturing. The world is so much bigger than the USA. More proof GOPPERS are also FLAT EARTHERS.

LOTS of American owned companies are going to go out of business… lots and lots of them. That’s jobs - direct and indirect - and costs for all of us.

It's not hyperbole to say his entire plan is to throw the game. He's pretending to fight and taking a dive in the first round. Not one decision has been to our benefit, so Occam's razor indicates that we are under attack and krasnov is the tip of the spear.

Trump acts like everything the US has we can't get anywhere else in the world, the arrogance. We live in first world countries, we have our own products & can adjust, plus we haven't pissed off our allies so we can just trade with another country.

The "great deal maker" can only get an agreement when he holds all the cards. He has no cards and he keeps trying to extort countries. Extortion is all he knows. He didn't write the book-Tony Shwartz wrote it and he regrets ever doing it.

A friend of mine in US makes handcrafts as a side business (because her husband is unemployed and her job doesn’t pay much). She will have to stop doing that. They were doing well and she was thinking of opening up a proper company. But no…

Gov. Newsom is working to try to forge new global alliances so the great state of California is spared from this tariff madness and we are able to keep good commerce practices with other countries. Help is on the way! 🙏

“California is not Washington D.C.!” There is always a way and we will find it and share it to the rest of the world. They don’t call us “The sunshine state” for nothing 😁. We will never surrender to pessimism nor the fascists. We will always #Resist 💪 www.latimes.com/california/s...

latimes.comBucking Trump tariffs, California will push to maintain global trade independently, Newsom saysGov. Gavin Newsom announced Friday that California will look for ways to expand trade despite President Trump’s sweeping round of tariffs that have sent financial markets tumbling.

Bezo, how do you think Amazon is going to do without Chinese products? Not. Very. Well. How do you like it when trump shits in your soup? He shits in everybody’s soup.

He's squashing his oligarch buddies. It feels like he's doing everything he can to start people fighting in the streets. He seems to want the rage and despair. Puts the gates up around the white house before pulling the next string. Why aren't they trying to stop him? They're just as vulnerable.

Amazon is not going to collapse. They have so many resources that they could literally keep their prices where they are and take a short-term hit just so they can buy up the inventory for pennies on the dollar of small businesses that collapse under these tariffs.

The Conservative Party here is trying to emulate the negative strategies of the Republicans. Most Canadians aren’t having it. My comment was more in regard to US companies relying heavily on Chinese goods esp given the new 104% tariff (Dollartree, Walmart, Hobby Lobby etc). This will not end well.

And NOW the orange pos is planning a multimillion dollar military parade for his birthday! WTF happened to reducing the federal deficit and reining in spending? Is Congress sedated? Feigning ignorance? Just plain stupid?