BREAKING NEWS: Trump said his administration will apply a 10% tariff on all imports, and that other trading partners will face additional “reciprocal tariffs” ranging as high as 49%.
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He is “liberating” the middle class from their cash to give tax breaks to millionaires and billionaires. Tariffs are a tax on the working class. Economy will stagnate and companies will layoff workers. It’s time to start protesting, people. #resist #protest
He truly is so hell bent on revenge that he is destroying our beautiful country. I hope his old flabby body filled with fast food grease gives out soon.
Factory owners can't pay American wages so satisfying stockholders, neighboring countries made trade agreements: factories moved, trade continued, wealthy stockholders. Now american factory owners want child labor back to bring production here: low labor costs, no regulations😎Tax profiteering🇺🇸
The only people who will benefit from a recession or depression are the billionaires who can wait it out and then buy stocks and foreclosures at low prices. When tRump says short term pain for long term gain, he is only talking about himself and the billionaire class. They don't care about humanity.
*Trump said his administration will apply a 10% tax on all products, and that some products will face an additional "reciprocal tax" ranging as high as 49%.
And is the 10% "blanket" tariff stacked on top of existing tariffs and the auto tariff? The number of glaring holes in everything Team Trump does is ... astonishing. I would have been fired for something like this.
Welcome to the MAGA Messiah, Mad King Donald I version of the VAT tax. Prices will go up. Jobs will be lost. Trump will claim it's all somebody else's fault.
To be clear this will cause Trump to be removed from office by the people who give millions to political campaigns or he will be removed from this world by non-military assets controlled by corporations and countries
This is not a threat it is simply how this ends historically speaking
This will represent the single greatest theft and transfer of capital from the low and middle income brackets of the US population (as they will be forced to shoulder the burden through price increases), directly into the pockets of the wealthy and super wealthy.
"Liberated" to pay massive sales taxes on everything, imposed by trumpian MAGA right-wingers. Trump, & his fellow billionaire oligarchs, feel liberated from paying taxes.
Gee, I really hope they do figure out a way to settle on another planet because this won't last forever and we will not forget. I'm sure there's an Argentinian compound being outfitted already.
As a Canadian and an avid traveller and a two drive to Buffalo…I can’t honestly ever see myself or my family spending another dime in the USA for a very…long…time.
As an American 3 hours from the Peace Bridge and occasional visitor to Toronto and Niagra Falls, I hope people there don't fuck with me over the state of the government: my Black ass didn't vote for this shit!
Trump is showing cognitive decline. He thinks tariffs would have prevented the Great Depression. He still thinks foreign countries pay those. Not true, the consumers pay those and they had no money.
trump·er·y
/'tr?mp(?)re/
Noun: attractive articles of little value or use.
Adjective: showy but worthless.
What is the meaning of trumpery in English?
noun., plural trump·er·ies. something without use or value; rubbish; trash; worthless stuff. nonsense; twaddle:
What do you expect from a man who has filed corporate bankruptcy SIX times, bankrupted a CASINO and a man who squandered $40 billion on a vanity project, now trying to
manage the highly complex finances of the entire United States. The world economy is NOT the same as The Apprentice.
So glad we’re moving out of the country in June. In just two months, he’s destroying the economy and the country. I don’t feel sorry for anyone who voted for him that will be hurting financially. You were warned.
All a big setup to now enable him to take bribes in cash or other forms in exchange for providing selective tariff relief. The biggest grifter in history. Belongs in jail
Nah, a good chunk now think America will now be the world's biggest rent collector. How fucking stupid can you be? Find out tomorrow at the opening bell...
Friday announce after hours (AH) = worst news
Thursday AH permits overnight thought and dynamic messaging throughout Friday. Controls media or opponent response.
Slow clap. White House is now a PubCo instead of Pub Owned.
A more nuanced approach would have been to first see what Americans could produce here, rather than the lazy man generic approach that will negatively impact all Americans.
Trump is destroying America one day at a time. The stupidity of it all. The stupid SOB could have just continued with Biden’s policies and been hailed as a great leader on Biden’s coattails.
The idiots think trade deficits are tariffs. We have (or rather had) trade deficits because US consumers have (or rather had) more disposable income than those other countries. I guess Trump just took care of that by obliterating our disposable income.
The tariffs are already going to contribute to the wealth disparity in this country, feeding AI more data to be used to replace US jobs is not helping.
Dem Actions: 1) Submit bill with Trump's forgotten popular tax cuts. 2) Fund infrastructure, education, science, environment 3) Tax all income with FICA regardless of source or amount 4) tax wealth over $100M at 1%, over $1B at 2%, $10B at 3%, $100B at 4%, $1T at 5%...
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https://www.ngrippel.com/ngr-politics.html
This is not a threat it is simply how this ends historically speaking
This is what pays for the tax cuts.
Ignore silly little exceptions like the American labor movement, the French revolution, and the communist revolutions.
trump·er·y
/'tr?mp(?)re/
Noun: attractive articles of little value or use.
Adjective: showy but worthless.
What is the meaning of trumpery in English?
noun., plural trump·er·ies. something without use or value; rubbish; trash; worthless stuff. nonsense; twaddle:
manage the highly complex finances of the entire United States. The world economy is NOT the same as The Apprentice.
FAFO.
Friday announce after hours (AH) = worst news
Thursday AH permits overnight thought and dynamic messaging throughout Friday. Controls media or opponent response.
Slow clap. White House is now a PubCo instead of Pub Owned.
GLTA and safe harbour
*golf clap*
Probably not because that’s his bff 🤬
I feel so good about paying more, pissing off our allies, crashing our economy. This is so worth it to own libs!