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Items tagged with: tRump


"CNBC’s Jim Cramer warned two weeks ago that Donald Trump was 'manufacturing' a recession with his potential massive tariffs. As Cramer correctly explained, history books tell us that the massive tariffs imposed in 1930 known as 'Smoot Hawley' by GOP President Herbert Hoover 'was a direct cause of the of the Depression.'”

~ Dean Obeidallah

#Trump #tariffs #StockMarket #economy #crash #SmootHawley #recession #inflation #stupidity #incompetence #destruction
/5

deanobeidallah.substack.com/p/…


And what did Trump do yesterday as the market crashed? Stelter quotes Jeff Zeleny on CNN: Trump did not "fly to a factory"; "he did not use the presidential bully pulpit to sort of sell this tariff plan." Instead, he flew to Florida for a LIV Golf event.

#Trump #tariffs #StockMarket #economy #crash #recession #inflation #MobBoss #stupidity #incompetence #destruction
/4


Brian Stelter points to an AP article in March drawing attention to these words of Trump last August:

"If Harris wins this election, the result will be a Kamala economic crash, a 1929-style depression. 1929. When I win the election, we will immediately begin a brand new Trump economic boom."

#Trump #tariffs #StockMarket #economy #crash #recession #inflation #MobBoss #stupidity #incompetence #destruction
/3

view.newsletters.cnn.com/messa…


"Donald Trump’s decision on April 2 2025 to enact sweeping 'reciprocal' tariffs on US trade partners will go down as one of the greatest acts of self-harm in American economic history. They will wreak untold damage on households, businesses and financial markets across the world, upending a global economic order that America benefited from and helped to create."

~ Financial Times

#Trump #tariffs #StockMarket #economy #crash #stupidity #incompetence #destruction
/2

ft.com/content/21454c08-8e1c-4…


CNN's graphic depiction as of 9:05 A.M. EST of what's happening to the stock market after the man running the show crashed it, with his party cheering the crash on and 77 million Americans voting to accomplish this.

#Trump #tariffs #StockMarket #economy #crash #recession #inflation #MobBoss #stupidity #incompetence #destruction
/1

cnn.com/markets/fear-and-greed


💸💸💸💸💸

Via Brian Tyler Cohen:

The stock market has now lost over $9 trillion in value since #Trump took office this year.

$5 trillion of that loss has been in the past two days.


Interview: "Jewish Students Chain Themselves to Columbia Gates to Protest ICE Jailing of Mahmoud Khalil"

The students demanded the school release information related to the targeting and ICE arrest of Mahmoud Khalil, a former SIPA student.

democracynow.org/2025/4/3/ice_…

#columbia #studentprotests #autocracy #trump #uspol #ice #resistfascism #islamophobia #racism .


Isnt this illustration saying a lot....

I like how on tromnews.com/illustrations/ you can see this world represented with illustrations rather than words. And they say a lot.

#musk #trump #politics #usa #billionaires #news


Bonkers long thread so I hope you will stay with me and engage. I'd like to take stock of what is probably the most unnecessary potential for conflict since the #FalklandsWar. I'm talking about the attempt by the Trump administration to annex Greenland.
#Denmark #NATO #Greenland #Trump #Vance #MetteFrederiksen #JensFrederikNielsen 🧵


I didn't expect this to be the means through which #AI would take over the world.

theverge.com/news/642620/trump…

#USpol #Tariff #Trump


Hey all of you Trump voters…

Are you better off now than you were before he took office?…..about 71 days ago?

Wondering if maybe you made a mistake?

Thinking to yourselves….if only there could have been some “clues” that this guy might not have been the best for our country?

#uspolitics #USA #uspol #trump #trumptariffs #WorldEconomy #economy #republican #republicans #Worldnews #world #worldrelations #regrets


To give you an idea of how tariffs work, this $149 keyboard will cost USians over $229 once Trump’s tariffs take effect.

shop.keyboard.io/products/keyb…

(Source: keyboard.io email from today.)

#USA #trump #fascism #tariffs


The penguins are coming... #trump #usa


Repercussions

Via Brian Tyler Cohen:

Whirlpool announces they are laying off 651 American workers in Iowa, citing the economic conditions under #Trump.

desmoinesregister.com/story/mo…


Keep 'em coming

"Democratic officials in 19 states filed a lawsuit Thursday against #Trump’s attempt to reshape elections across the U.S., calling it an unconstitutional invasion of states’ clear authority to run their own elections.

The lawsuit is the fourth against the executive order issued just a week ago..."

apnews.com/article/trump-elect…


#Trump Admin Set to Pause $510 Million for #BrownUniversity

The admin has now targeted 5 #schools’ federal #funding claiming it’s part of a pledge to combat what it has labeled #antisemitism, but what in actuality is #students exercising their #RightToProtest on #university campuses.

#law #FreeSpeech #FreedomOfAssembly #extortion #MafiaState
nytimes.com/2025/04/03/us/trum…



"Notre #liberté n'est pas négociable" : les #chercheurs #américains menacés trouveront refuge à #Marseille

#Trump #refugees

laprovence.com/article/region/…


E.U. Prepares Major Penalties Against #Musk ’s #X

European regulators are considering fining X more than $1 bil

"Eur authorities weighing how large a fine to issue X as they consider the risks of further antagonizing #Trump amid wider trans-Atlantic disputes over trade, tariffs & war in Ukraine. The fine could surpass $1 billion..as regulators seek to make an example of X to deter other companies from violating the law, called the Digital Services Act"

🎁 nytimes.com/2025/04/03/technol…

#Trump #musk #x


Un-fucking-believable

Senate confirmed #MehmetOz to oversee #HealthInsurance for millions of Americans

TV’s “#DrOz” & known quack has been confirmed to lead the Centers for #Medicare & #Medicaid Services, which has a massive $1 trillion+ budget & oversees health insurance for millions of Americans.

#health #Insurance #medical #benefits #PublicHealth #law #USpol #Trump #idiocracy #kakistocracy


Mal um die Ecke gedacht: Wenn #Trump jetzt die US-Wirtschaft gegen die Wand fährt, tut er vielleicht mehr gegen den Klimawandel als alle US-Präsidenten vor ihm zusammen.


Macron suggests pause on US investment as EU leaders condemn #Trump #tariffs - theguardian.com/us-news/2025/a… well, obvs: starve the beast....


Keep ‘em coming

Via Scott MacFarlane:

"BLACKBALLING OR PUNISHING A LAWYER OR LAW FIRM BECAUSE OF VIGOROUS AND LAWFUL REPESENTATION OF A CLIENT CONFLICTS WITH BASIC PRINCIPLES OF THE RULE OF LAW"

Former leaders of the Wash. DC bar file in court in defense of law firm being targeted by #Trump

storage.courtlistener.com/reca…


“ #Canada slaps matching 25% tariff on U.S.-made vehicles in latest response to #Trump ’s trade war” #TrumpTax #tariffs #ElbowsUp

cbc.ca/9.6709935


Well at least things can't possibly get any stupider. That's a small blessing.

Oh fuck
#trump #loomer #fascism #tariffs

cnn.com/2025/04/03/politics/ns…


Keep 'em coming

Via Kyle Cheney:

JUST IN: A federal judge in NY rejects #Trump administration effort to dismiss lawsuit alleging DOGE directed a massive breach of OPM data affecting millions of people.

storage.courtlistener.com/reca…


A Lawyer Who Helped the Kushners Crack Down on Poor Tenants Now Helps Renters Fight Big Landlords

“It was like a heavyweight sparring featherweights,” the attorney said about his time representing companies owned by Trump’s in-laws, whose apartments were known for shoddy maintenance and aggressive legal tactics.
propublica.org/article/kushner…

#News #Law #Trump #Housing #Rent


“Roughly $1.7 trillion is set to be erased from the S&P 500 Index when trading opens Thursday amid worries that #Trump’s sweeping new round of #tariffs could plunge the economy into a recession” #TrumpTax #TrumpCrash
bloomberg.com/news/articles/20…


good. Maybe Americans will acknowledge that #Trump is not of the highest inteligence.


🧵via Chris Murphy, in part:

Those trying to understand the tariffs as economic policy are dangerously naive.

No, the #tariffs are a tool to collapse our democracy. A means to compel loyalty from every business that will need to petition #Trump for relief. #TrumpTax

1/…


U.S. #stocks tumble on global #TradeWar fears over new #tariffs

#Trump's sweeping tariff announcement Wednesday triggered a sharp drop in U.S. stock markets, a flashing-red warning sign of the economic fallout that's expected to result from the widening trade war.

The Dow Jones Industrial Average tumbled over 1,200 points, or 2.9%, Thursday within minutes of the opening bell. The broader S&P 500 index sank 3.4%.

#economy #recession #trumpcession
npr.org/2025/04/03/nx-s1-53505…


C'est pas encore confirmé mais Politico en parle aujourd'hui :
"Elon Musk devrait quitter ses fonctions auprès du président américain dans les prochaines semaines. Donald Trump l’a fait savoir à sa garde rapprochée, dont plusieurs membres de son cabinet. Bien que le chef de l’Etat continue d’apprécier son travail, le multimilliardaire, à la tête du “département de l’efficacité gouvernementale”, est de plus en plus vu comme un allié encombrant par l’administration américaine et les deux hommes ont convenu que l’homme d’affaires devait retourner à ses affaires."

politico.eu/newsletter/playboo…

#uspol #Musk #Trump



That’ll teach those penguins a lesson.

Fascists aren’t very smart. They’re very dangerous. But not very smart.

inkl.com/a/nwWQnysJNlJ

#trump #USA #fascism #tariffs


Tourism, thats another industry he will kill with these tarrifs and in general the way he is changing rhe US.
#trump #FuckTrump #trumptariffs


Tomorrow is going to be an epic stock crash.

Trump's tariffs have been placed on every country in the world except Russia and North Korea.

The stock market dropped by like $2T in the first 2 minutes of Trump's speech.

#Russia #NorthKorea #USPol #TrumpTariffs #Trump #econonics


So, Trump announced a bunch of tariffs today. Basically everybody but Russia.

But then there is 15-30 % for everybody. But Lesotho? Fuck Lesotho in particular, apparently. 50% tariffs.

Just by a super coincidence, seems like Starlink is trying to get a contract in Lesotho and having some difficulties. Clearly unrelated.

#Tariffs #Trump #ElonMusk #Tesla ##Twitter #SpaceX #politics


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