US stock market futures were trending down Sunday, one day after President Donald Trump announced 25% tariffs on Canada and Mexico and 10% tariffs on China
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It’s a sad reality that so many Americans fall for the blatant lies Trump spreads. His actions are to drive America towards economic isolationism with a touch of imperialism. This is a war started by Americans, and Canadians won’t let this stand
Trending down? STOP THE DAMN SANE WASHING/GASLIGHTING. They’re down 600 points! Major tumbling happening. Call him out. For stupidity. For starting a nonsense trade war. This is why no one is watching. Truth. Not sane washing
Trump is demanding Federal workers return to work while at the same time creating Trade War that will make that drive to work more expensive. He is essentially erasing the gains made with higher wages under the Biden Administration.
Analysis of the new weekly and monthly data suggests continued selling pressure. Furthermore, the monthly trend appears to be on the verge of a downturn.
The Tariff Act of 1930, or the Smoot–Hawley Tariff, signed by President Herbert Hoover, raised US tariffs on over 20,000 imported goods. GNP fell from $103.1 billion in 1929 to $55.6 billion in 1933. Unemployment was 8% in 1930; the rate jumped to 16% in 1931 and 25% in 1932–1933.
I am bewildered by the childishness and economic illiteracy of Trump and those responding to his petulance. Tariffs against Canada and Mexico will increase prices for Americans. Don’t retaliate and your domestic prices stay the same. He’s got nowhere else to go for the imports so ignore him.
So you’re telling me the corrupt, rapist, convicted felon real estate agent President who has filed for bankruptcy 6 times is single handedly tanking the stock market?
..."trending down?". You guys want to soft-pedal the catastrophic economic blunder that this orange dude made? I am waiting... in just a few days, you will be FORCED to change your headline and provide an ACCURATE description of what is going on. The US Stock market will TANK!!
Does anyone else think Trump is just manipulating the stock market? Anyone know if he, or anyone in his family, bought and sold stock during this tariff manipulation day?
This CS said it would be ok (lie) now he’s saying we’re gonna have to take it on the chin. Is someone gonna press the lying ass what happens next? The press keeps letting the “burn it all down” off the hook. The press will not get a free pass ever! So do you Fn jobs!
I’m not so sure… at Costco today a trumpite was bemoaning the cost of produce. I said sarcastically,”hmm wonder what happened?” She said” I didn’t think he’d really do it” I said, “he told you exactly what he planned, so congratulations.” I literally saw her look at the floor and moaned.
Michigan Costco sells tomatoes grown in Ontario greenhouses. Ice wine is usually from Canada? There's a BC business that ships smoked sockeye salmon to the US -- Canada has sent it to the Internal Space Station.
Dear Canadian neighbors
Do Not negotiate with Trump the terrorist on his tariffs.
He created a problem where there was none so he can try to be the hero of his imagination.
Yell from the rooftops daily this is 100% Trump's fault.
Let his voters learn to make better political decisions.
People are worried about the financial impact the increased costs will incur. What about the hit to retirement funds when the stock market tumbles down? Sure, you can suggest it’s temporary, but he has 3 yrs, 11 mos, and 3 weeks left in office.
Good. It’s time to let conservative America drop their pants and spread their cheeks for a nice economic ass fucking courtesy of Trump. Time to learn that trans people and Mexicans aren’t the reason your eggs are expensive. Time to pay for the culture war they so desperately fought for.
The Canadian dollar and the Mexican Peso have also dropped against the U.S. dollar. This will mitigate the impact of Trump's tariffs on the price of goods we import from them, while increasing the impact of the Canadian and Mexican counter tariffs on the prices of goods they import from us.
Do you not understand economics at all? With the Canadian dollar lower in value, the world will feel Canada is a much better place to invest in. Not as expensive as the United States, whose dollar is up. You’re gonna cry blood. 🩸
Do you understand what you read? Can you do simple math? The tariffs won't hurt the sale of Canadian and Mexican products in the U.S. as much as the will hurt the sale of American products in Canada and Mexico. The opposite of what Trump wants.
Don't care about the stock market. Being obcessed with excess while i can't even survive because crappy ALJs are denying disability for superficial & unofficial reasons. We have all the wrong people in decision-making positions, making the stupidest decisions ever made.
Looks like the market is reacting to some serious trade drama. If only there were a tariff on bad news—then we'd all be riding high! What do you think the fallout will be for everyday consumers?
All black people have aids 😁 and they smell really bad because they are bad at personal hygene. 🥰 They should all therefore be killed, right? people that smelll bad, unles their white, should simply not be allowed. Simply...right?
Comments
Show up at your state capitol, city hall, or town hall and make your voices heard.
Let’s show the world that the American people will stand up for their democracy.
lol
Nooooo wayyyyyyy
It's already down 600. I'd expect one of the biggest single day point drops in history
#WallStreetJournal described it correctly "the dumbest tariffs in history"
#BoycottElon
Regressive taxes shift the tax burden to the working class and away from super rich - numbers do not lie.
https://47does25.com/tariffs-and-regressive-taxation/
https://youtu.be/pTh3Tgxp7Io
(Fixed it for ya)
*Call☎️ DC & File FTC 🔖 *Repost*
1. Senate DC ☎️
202-224-3121
2. File report: FTC (3 mins)
Re: concerns about ID data breach and unlawful access to personal information SS# by non-govt individuals.
Call ☎️ 877-438-4338
Or: Online https://reportfraud.ftc.gov
By the way, can you investigate how many people from the new government shorted the market?
There’s no 3-dimensional chess being played.
1 - Raise revenues through tariffs to pay for tax cuts.
2 - Cut costs through firings and cuts to programs to help offset tax cuts.
3 - Distract via culture issues. (fentanyl, immigration, DEI, etc.)
Full stop.
.
"The likes of which the world has never seen."
Do Not negotiate with Trump the terrorist on his tariffs.
He created a problem where there was none so he can try to be the hero of his imagination.
Yell from the rooftops daily this is 100% Trump's fault.
Let his voters learn to make better political decisions.
https://bit.ly/4hv63YG
#Musk #Trump
MAGA's #JPMorganChase Terrorist Jamie Dimon
thread🧵
https://bsky.app/profile/edhirsch.bsky.social/post/3lfvwnvvius2i
https://youtu.be/kE7UwSc_Z6s