Summary
Trump had to reverse his aggressive tariff rhetoric after CEOs from Walmart, Target, and Home Depot warned of empty shelves and higher prices due to supply chain disruptions.
Investors reacted negatively to his threats against Fed Chair Jerome Powell, prompting a market sell-off.
Trump backtracked, expressing optimism on a China trade deal and now denying plans to fire Powell.
Global markets remain volatile, and the IMF cited Trump’s trade war as a “major negative shock” to global growth.
That’s what fascists do when you stand up to them.
Art of the seal
**Fart
It’s trump so more likely Art of the Shart
The shart of the steal
Spinless dipshit reverses course when confronted with consequences. More on this at the top of the hour…
Spinless dipshit reverses course when confronted with consequences. More on this at the top of the hour…
Hope he starts spinning again
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Nothing says “I am the master of making a deal” like having to back off of nearly all of them every time anyone calls your bluff.
I’ll never see how so many think Trump is one of the smartest people in any room.
He’s a slumlord, just like his father. It is just unfortunate that the entire country will be his shitty government housing block by the time he gets done with it.
I’ll never see how so many think Trump is one of the smartest people in any room.
“He’s rich so he must be smart. You have to be smart to get that rich. This must all be part of the plan for the smart rich guy.”
Mix that in with a ‘Just World Fallacy’ (Good people succeeded and bad People fail. Therefore anyone who has as much wealth and power as Trump must be a good person worth listening to) and you have the people who support Trump.
Yup. That’s my dad. He’s confused now. He thought musk and Trump were smart because they were very wealthy. He’s finding it hard to understand that these people just inherited their wealth, and they’re able to be visible in the public eye, make money and take risks because of how much they have and not because they’re smart. Their arrogance is funny - Ie: musk unable to find the relationship between his nazi salute, his work at DOGE, and decreasing revenue in Tesla. Never heard of causation.
You could’ve just said trump supporters to dumb af
Didn’t I?
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Worthington’s Law.
I wish he reversed his “deals” but it looks like he’s only reversing on China? So a big “fuck you” to american manufacturing while also helping our number 1 enemy.
now denying plans to fire Powell
As an outside observer, one of the funniest things about Trump (and this whole crowd actually) is the amount of just denying things that they do. There is never a single time that they admit fault or the capability to learn and improve. Drunkard clowns like Hesgeth have to be dragged out kicking and screaming for something to be rectified, at which point they’ll just go “Uh, well anyway, here’s the next guy, he’s going to be great! Tremendously bigly!”
Elon didn’t do that famous hand gesture that we all saw him do twice in a row. Fox News guy didn’t use a 3rd party app for a top secret war chat and didn’t include a journalist in the group. Trump didn’t apply those tariffs or throw unhinged temper tantrums on social media. It’s all just the fake news librul agenda trying to discredit these fine upstanding members of society as usual. And if it’s true - onto the next thing. How about that woke agenda amirite?
It gets thrown around a lot but Orwell’s 1984 has a passage, the context in the book is the protanonist realizing specifically about how it is impossible to argue against the fascist party as they happily substitute alternate facts whenever desired, and mandate the loyal adopt them wholesale.
“The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command.”
This is the chapter. https://george-orwell.org/1984/6.html
I read 1984… I really liked it but I thought the whole war is peace, freedom is slavery bit was something that no one would really buy. Then Trump took office and I feel like I’m taking crazy pills. I now believe 1984 and don’t question it at all. :(
1984 was required reading when I was in high school in Canada.
As an inside observer, I assure you that there is nothing funny about it whatsoever.
As an adjacent observer(Canada, and we have our own idiots) it’s kinda funny. The US has had so much time and so many resources to not being the shithole it is today and they just couldn’t bring themselves, as a country, to get there. Other countries have done way better with less so we know it’s possible.
So, as much as it is also scary, awful, and just plain garbage, it is a little funny as well.
Good point. Poor choice of words. It’s not funny haha or even funny peculiar. It’s just fucked up.
Roy Cohn: Never admit you are wrong. Never admit defeat.
“Never admit you are wrong”. This has become pervasive in everyday life. The phrases: “I was wrong”, “I stand corrected”, “point taken”, “mea culpa” are rarely heard anymore. So many dig in with nothing to back their argument, use the “fake news” BS, and/or just really become angry. What happened to reasonable discourse? Well, I guess it went out the window with science. It went out the window with critical thinking. It went out the window when representatives of our countries seem to get away with telling outright lies with no consequences. When social media is allowed to spread outright lies with no consequences. What a fucking shit show.
I hope the repercussions land on Trump and his cronies, and but just on this particular show of global bullying around tariffs.
The thing is that real damage has already been done. Trust that was built over the course of - without exaggeration - most of a century has been squandered by imbecilic and ham-handed “move fast break things” tactics. Trust is very fickle, and the gain/loss dynamic is completely asymmetrical: it takes ages to build, but can be destroyed in an instant. And the recovery phase is always going to be slower than the initial build, and it generally doesn’t ever reach as high as was before the initial betrayal, because, you know, people remember things.
But it’s the kind of damage they can try to throw a blanket over, so his supporters can deny it. They’ll never go to other countries, or understand the moments when that trust could have helped. They’ll be detached until someone else is in charge (if it happens) then pull the blanket off to blame others. Like the past 40 years. The empty shelves though. That hits now, and people denying it won’t be for long. They won’t survive.
you know, people remember things.
except actual americans… we can’t seem to remember shit past that last 20 second tiktok thing
You talk as though trusting the USA is a good thing, something to be regained. The U.S. is and always has been a genocidal, slave-owning, patriarchal oligarchy that masquerades as a “democracy”. I am actually quite happy to see tRump destroy the U.S. standing in the world, he has done more to destroy the evil empire in 4 months than anyone else in its entire history. It truly is a glorious thing.
I am entirely confident that you don’t understand the full implications of the vacuum of power that this will create.
Oh no! A multi polar world, what will become of us if we don’t have big daddy USA (or actually the oligarchs that own and operate it) telling us all what to do? And what we can’t do, and who dies for their profit.
China should tell us they’ll drop their tariffs by 20% a month until gone barring further impulsive fuckery to dissuade further infantile American shenanigans.
As an American, someone’s got to be the geopolitical adult in the room, and we don’t qualify.
Why would China do anything that helps us pick ourselves up and onto our feet? This is the goal they and Russia have been working towards for decades.
Nah-uh. No blaming China or Russia on this one. The United States did this squarely to themselves with the world pleading otherwise. They inserted their own head in the vice and started spinning the handle.
Sure, it aligns with the communist block’s benefit, but the US really needs to be held accountable for its own idiocy on this one. Its the first step in recovery.
Oh so we’re denying that Russia and China led disinformation campaigns squared solely at disrupting American politics for decades? Are we also ignoring the Murdochs from Australia?
Just wanted to get that straight before I started saying whatever the fuck I want.
And they do it to their citizens too…
…And we do it to other countries and we do it to our citizens.
You can’t condemn another country for what we’ve been actively doing considerably longer than them having never stopped credibly. Our house is made of that candy glass they use in movies in this particular arena.
The oligarchs and their increasingly captured government, including both parties, have been poisoning us against anything that isn’t hyper-capitalist greed enabling from the great depression to the McCarthy witch hunts into today. Very few Americans could define socialism or communism in any sense with a gun to their heads, but they’ve been misinformed into being filled with hate and/or dread when they’re uttered.
Name one world superpower that doesn’t actively engage in mass disinformation campaigns both within and without, I’ll wait. I’d also argue that like our general military, we certainly spend the most on our global Orwell machine. Our CIA, along with the KGB, are the OG playbooks other nations refer to when doing it themselves.
How does that make any of it right? And how does it negate my point?
So far you’ve said a lot of obvious things, none of which refute my point that this end is what Russia and China have been working towards.
I’m saying that you can’t credibly go “you… You fucking shot me! What the fuck?!” at someone who shot you because you shot them a few seconds prior to that.
It doesn’t make it right. It’s wrong. But it’s also a non-sequitur for a serial killer to condemn another serial killer over the sanctity of life.
As an American, Americans have no business condemning other nations about misinformation campaigns until we clean our fucking house up and provide reparations to those both within and without who were hurt by our misinformation campaigns.
So what you’re saying is, because America’s government is doing shady shit, American citizens have no right to call out other countries for the shady shit they’re doing?
Since you like your weird conversational analogies, that’s like you saying;
“China gets to shoot whoever the fuck they want because other countries have shot people!”
Two wrongs don’t make a right. It’s a dumb argument. Stop doing it.
Huh? I’m the American government now? I reserve the right to condemn any government, anywhere, for any reason. Especially when they make choices without my consent.
You speak emotionally, betraying that you know very little about the problems that truly need to be solved.
I don’t see anybody stopping you from saying anything you want to say, so stop playing the victim.
Trump is a uniquely American problem. You guys either elected him, or didn’t care enough to vote. Shit, his popularity is still almost 50% now even after he destroyed the economy.
Your argument is that the American people are so stupid that they were manipulated by foreign actors (TWICE) into electing an obvious fuckwit.
Well, ok, if you insist,
Didn’t realize a stagnant 40% means almost 50%, what a lesson in math!
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Trump provided China an excellent excuse to start a trade war and look like the heroes while doing it. This is absolutely Trump’s fault, but China has no reason to not take full advantage of it.
That’s true. The US has been interfering in other country’s domestic affairs for decades. Organising the odd coup, overthrowing elected leaders. Suddenly people are shocked to learn that it can work both ways.
A country with strong democratic institutions are pretty resilient to these tactics. You might not trust the politicians, but you trust the officials, the military and the courts.
It seems that the US has dismantled trust in these institutions for a long time. It has let corporations run the show. So Russia and China have an easier task.
TBF we already started it ourselves
What “communist” block are you talking about? Is this 1989?
Only if you take what I said very literally. The Chinese and the Russians are concluding, I’m sure you would agree.
“Never interrupt your enemy when they are making a mistake.”
China shouldn’t give a femtometer.
Restrict exports to the US until all tarrifs on Chinese goods are lifted. And even then, tarrif US exports just a bit just as a Find Out gesture.
Make it clear that Trump gains absolutely nothing for all this. Not even a little 1% he can claim as a minor victory. Humiliate him in the eyes of the world and expose him for the worthless negotiator he is.
As a struggling American, I hope so too. The fucking rural parts of the country need to feel the suffering and understand exactly what caused it.
I fully agree but also stfu I’m trying to exist here!
Eh … if played out like the above comment suggests, with China giving us a little token tariff on US imports to twist the knife, we on the ground won’t be affected. Fuck, we’ll be vastly better off than under the Trump tariffs plans. We all win, he loses.
Tariffs were never meant for anything other than using the us economy to force other countries to bend the knee to Trump himself. Convince me I’m wrong.
You are incorrect, they are also for Market Manipulation.
Someone showed a display of incoming containers, and May was down almost 50% from last year in May. That’s going to be devastating. Good to see.
Looks like someone’s supervisor actually stepped in on something.
He’s so useless!
We’ve KNOWN he’s useless!
Get RID OF THIS GUY he SUCKS
I’m already buying Canadian, I don’t think I’m going back in the foreseeable future.
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Yeah maybe but now FUCK YOU. You started the tarrif war, I fucking demand that all world leaders finish it. Let there be empty shelves, let the USA go fucking bankrupt let all Americans lose their 401k or whatever the hell it’s called there. Let them suffer. You voted trump, or you allowed him to come in, he’s ALL yours now. Let him ruin the country, let him ruin all american lives.
The teade war should not stop until a revolution kicks in that will land his fat neck on a guillotine.
Once the Americans have cleaned house and basically have gone back to a real democracy (not the shit they’ve been doing for the past decades) we van talk about a truce.
Ubtil then: suffer the consequences of your own actions as you rained them down on the entire world, you insufferable assholes *
- This may not apply to all Americans but definitely the majority at this point
