Summary

Trump had to reverse his aggressive tariff rhetoric after CEOs from Walmart, Target, and Home Depot warned of empty shelves and higher prices due to supply chain disruptions.

Investors reacted negatively to his threats against Fed Chair Jerome Powell, prompting a market sell-off.

Trump backtracked, expressing optimism on a China trade deal and now denying plans to fire Powell.

Global markets remain volatile, and the IMF cited Trump’s trade war as a “major negative shock” to global growth.

  • Aussiemandeus@aussie.zone
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    19 hours ago

    Mate, the Murdoch’s? America’s lap dog newspaper moguls.

    They’re you’re mouth piece of shit trying to force Australia to be more like you sepppos

      • Aussiemandeus@aussie.zone
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        11 hours ago

        I’m saying that Murdoch doesn’t work for Australians and our interests. He’s a lapdog of the US

        • futatorius@lemm.ee
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          8 hours ago

          Murdoch has never served the interest of any state. He has relentlessly pursued his agenda, which is to undermine the centrist quasi-democracies in English-speaking countries and to promote nationalist authoritarianism.

      • Taleya@aussie.zone
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        14 hours ago

        And bailed his citizanship the instant the US proved more likely to give him the easily manipulated press he wanted