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.

  • UltraGiGaGigantic@lemmy.ml
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    9 hours ago

    How about in 3 years and 8 months we have an election and every one can vote for Nancy Pelosi who has Dick Cheney as her running mate?

    • madjo@feddit.nl
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      1 hour ago

      You’re naive in thinking that you can have fair elections in 3 years and 8 months.