He called it ‘Liberation Day,’ but President Donald Trump's unveiling of reciprocal tariffs could cause political headwinds for his party and economic pain for his constituents if his promises to recast the economy do not work out https://reut.rs/3E4XIg6
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This is no coincidence.
Please for the love of all that is holy the media needs to call this out.
Tariffs are a TAX that US Business pays, and inevitably passes on to consumers. PLEASE I'm begging the media to do it's job and explain it to the masses!
Call it what it is. Every interview, every press release, every headline.
Import tax. Import tax. Import tax.
They just throw screws into gears.
The S&P 500 lost $2 trillion in market capitalisation in a matter of less than 20 minutes as #trump announced sweeping reciprocal tariffs on as many as 60 countries on Wednesday evening. That amounts to an erosion of nearly $𝟏𝟐𝟓 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐩𝐞𝐫 𝐦𝐢𝐧𝐮𝐭𝐞.
(and sorry for the Americans who will have to pay their medicines from Europe more expensive)
There are things beyond us on both sides of the Atlantic, and this is just the beginning
COME ON
Moving manufacturing to the US is not an instant proposition.
He’s cutting taxpayer funding for safety nets with little regard for how poor most Americans really are.
#GOPcoup
#relics
No one wants to pablum you've been serving up for years in the service of your Lord and Master Trump.