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.
China shouldn’t give a femtometer.
Restrict exports to the US until all tarrifs on Chinese goods are lifted. And even then, tarrif US exports just a bit just as a Find Out gesture.
Make it clear that Trump gains absolutely nothing for all this. Not even a little 1% he can claim as a minor victory. Humiliate him in the eyes of the world and expose him for the worthless negotiator he is.
As a struggling American, I hope so too. The fucking rural parts of the country need to feel the suffering and understand exactly what caused it.
But how can they understand? Fox News will never correlate their suffering with Trump
I fully agree but also stfu I’m trying to exist here!
Eh … if played out like the above comment suggests, with China giving us a little token tariff on US imports to twist the knife, we on the ground won’t be affected. Fuck, we’ll be vastly better off than under the Trump tariffs plans. We all win, he loses.