12 states are suing Trump over his tariffs abd the economic chaos they unleashed
https://www.cbsnews.com/news/states-...-over-tariffs/
LolBy Tuesday, trump had dramatically changed his tone. Speaking to reporters, he said he didn’t want to “play hardball” with China and that he was confident a deal could be made to reduce tariffs. He also backed away from previous threats to fire Federal Reserve Chair Jerome Powell, saying he had “no intention” of doing so.
https://dailyboulder.com/shaken-trum...e-ceo-warning/ Originally Posted by HDGristle
American retailers are growingworried thatPresident Trump's trade warand increased volatilitywill lead toempty shelves, higher prices and store closures as Chinese imports screech to a halt.https://www.axios.com/2025/04/26/tru...china-products
Why it matters:Many retailers stocked up on inventory in the first months of 2025, realizing that a storm was coming — but their inventories are poised to dwindle quickly.
The National Retail FederationexpectsU.S. imports to plunge by at least 20% in the second half of 2025 if increased tariffs remain in place."Shortages are a real possibility," Coresight Research analyst John Harmon tells Axios.
The big picture:Trump's trade war has sent the nation's retailers into scramble mode.
The CEOs of three of the nation's biggest retailers —Walmart,TargetandHome Depot— privately warnedTrumpin a meeting Monday that his trade policy could triggermassive product shortages and price spikes.
Who’s ready for a BONANZA??Inefficient. We already have a tariff payment mechanism and tariffs are paid by an external party.
President Trump says the External Revenue Service is habbening… and when tariffs kick in, it will substantially reduce or completely ELIMINATE income taxes!
Focus will be on those making $200k or less a year.
https://t.me/candlesinthenight/82347
The TDS crowd will still bitch!!!!Originally Posted by bambino