this post was submitted on 23 Apr 2025
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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.

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[–] SabinStargem@lemmy.today 6 points 29 minutes ago

Until Trump and Yarvin are hanging by their ankles, I won't believe that the United States will get better.

[–] Ledericas@lemm.ee 9 points 2 hours ago (2 children)

but he isnt reversing any tariffs? he must be really obsessed with them.

[–] futatorius@lemm.ee 5 points 1 hour ago

It's a simplistic solution and he's simpleminded, so it's hard for him to let go of it since all the other approaches are harder.

[–] TankovayaDiviziya@lemmy.world 3 points 2 hours ago (1 children)

He's been obsessed with it since the 1980s.

[–] Ledericas@lemm.ee 4 points 2 hours ago

yea i know, and conveniently thats around the time the soviet union starting working with him, laundering money through his real estate.

[–] flop_leash_973@lemmy.world 87 points 12 hours ago* (last edited 12 hours ago) (2 children)

Nothing says "I am the master of making a deal" like having to back off of nearly all of them every time anyone calls your bluff.

I'll never see how so many think Trump is one of the smartest people in any room.

He's a slumlord, just like his father. It is just unfortunate that the entire country will be his shitty government housing block by the time he gets done with it.

[–] Ledericas@lemm.ee 2 points 41 minutes ago* (last edited 40 minutes ago)

Trump just allowed Republicans to be racist and bigoted out in the open without censure. They saw how trump doesn't get much flak for his bigotry

[–] CileTheSane@lemmy.ca 31 points 11 hours ago (1 children)

I'll never see how so many think Trump is one of the smartest people in any room.

"He's rich so he must be smart. You have to be smart to get that rich. This must all be part of the plan for the smart rich guy."

Mix that in with a 'Just World Fallacy' (Good people succeeded and bad People fail. Therefore anyone who has as much wealth and power as Trump must be a good person worth listening to) and you have the people who support Trump.

[–] bluegreenwookie@bookwormstory.social 6 points 5 hours ago (1 children)

Honestly i saw so many interviews during his first run with trump supporters that said exactly that first phase you said

[–] DarkDarkHouse@lemmy.sdf.org 4 points 3 hours ago

Way to entrench the status quo benefiting the rich. Get people to believe only the rich are smart and therefore worth listening to.

[–] Jaysyn@lemmy.world 204 points 18 hours ago* (last edited 18 hours ago) (2 children)

That's what fascists do when you stand up to them.

[–] Frozengyro@lemmy.world 39 points 15 hours ago (2 children)
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Trump: "Nuh-uh. I won because I have economy-proof armor"

[–] Allonzee@lemmy.world 54 points 15 hours ago* (last edited 15 hours ago) (1 children)

China should tell us they'll drop their tariffs by 20% a month until gone barring further impulsive fuckery to dissuade further infantile American shenanigans.

As an American, someone's got to be the geopolitical adult in the room, and we don't qualify.

[–] Jax@sh.itjust.works 34 points 14 hours ago (2 children)

Why would China do anything that helps us pick ourselves up and onto our feet? This is the goal they and Russia have been working towards for decades.

[–] slickgoat@lemmy.world 31 points 14 hours ago (7 children)

Nah-uh. No blaming China or Russia on this one. The United States did this squarely to themselves with the world pleading otherwise. They inserted their own head in the vice and started spinning the handle.

Sure, it aligns with the communist block's benefit, but the US really needs to be held accountable for its own idiocy on this one. Its the first step in recovery.

[–] Tiger666@lemmy.ca 3 points 57 minutes ago

What "communist" block are you talking about? Is this 1989?

[–] futatorius@lemm.ee 9 points 1 hour ago

it aligns with the communist block’s benefit

Neither Russia nor China are communist anymore. Russia is run by corrupt capitalists and has been since the 1980s, and the only thing Communist about China is the name of the totalitarian party that runs its government, which consists of a mix of state-funded and private capitalist enterprise.

[–] Ledericas@lemm.ee 2 points 2 hours ago

russia maybe, because putins directing trump to do this, more or less it helps russia in the long run.

[–] GoodEye8@lemm.ee 6 points 4 hours ago (2 children)

I'm starting to feel like this is a controversial opinion, but maybe the American people should be the ones holding their own government accountable? Interventionism is the worst way to fix a country and I very much doubt it even could be done for a country like America.

[–] SabinStargem@lemmy.today 1 points 10 minutes ago

I am hoping the US splits apart, allowing the red states to destroy themselves. Conservatism is a cancer, and the condition would be easier to excise if it was a solid tumor.

[–] slickgoat@lemmy.world 2 points 3 hours ago (1 children)

Difficult to argue against, except America is doing this too us as well, and we don't get a vote.

[–] GoodEye8@lemm.ee 1 points 3 hours ago

All the more reason to not do anything about it. Let America implode and their interventionist power also takes a hit.

[–] Taleya@aussie.zone 9 points 7 hours ago

It's been fucking wild as a resident of a non-us country seeing some of the commentary coming up. We must radical empathy! How dare other countries take advantage of X Y or Z? The shoe is on the other foot, and by GOD is it a problem if anyone but the US starts doing what the US has been doing to everyone else on the planet my entire freakin' life

We all know they're propaganda riddled exceptionalists but goddaaaamn. Need to learn to accept cause, effect and consequence

[–] CileTheSane@lemmy.ca 16 points 11 hours ago (1 children)

Trump provided China an excellent excuse to start a trade war and look like the heroes while doing it. This is absolutely Trump's fault, but China has no reason to not take full advantage of it.

[–] slickgoat@lemmy.world 12 points 11 hours ago (1 children)

That's true. The US has been interfering in other country's domestic affairs for decades. Organising the odd coup, overthrowing elected leaders. Suddenly people are shocked to learn that it can work both ways.

A country with strong democratic institutions are pretty resilient to these tactics. You might not trust the politicians, but you trust the officials, the military and the courts.

It seems that the US has dismantled trust in these institutions for a long time. It has let corporations run the show. So Russia and China have an easier task.

[–] futatorius@lemm.ee 0 points 1 hour ago (1 children)

A country with strong democratic institutions are pretty resilient to these tactics.

That's a bit tautological, like "It they could break it, it needed fixing anyway."

And that's a bit too much like "If Hitler could invade France, it's the French's fault for not fighting back harder."

Russia has been at war against the American people since Putin and traitorous US oligarchs imposed Trump on us in his first term. It's victim-blaming to say that's the American people's fault.

[–] Tiger666@lemmy.ca 2 points 51 minutes ago

Ah, yes, the famous denial of fascists in your own country.

YOU VOTED IN TRUMP WITH A MAJORITY KNOWING HE IS FASCIST.

This is squarely the fault of the American people. Lack of education and political will might be to blame, but to say that you are victims is such a farce that I don't believe you live in reality.

[–] Jax@sh.itjust.works 15 points 14 hours ago (20 children)

Oh so we're denying that Russia and China led disinformation campaigns squared solely at disrupting American politics for decades? Are we also ignoring the Murdochs from Australia?

Just wanted to get that straight before I started saying whatever the fuck I want.

[–] Ledericas@lemm.ee 2 points 2 hours ago (1 children)

i believe russia be to blame, it kinda obvious weakeaning america helps putin, it has been his goal for 10years,.

[–] futatorius@lemm.ee 1 points 1 hour ago

it has been his goal for 10years

Trump was getting fat on Russian mob money since the 1980s, probably as a reward for him ratting out the Italian mob to Giuliani, which created expansion opporunities for the Bratva.

[–] shawn1122@lemm.ee 5 points 5 hours ago

The embarrassing thing is a lot of that disinformation was shared on social media networks that were created in the US.

Creating the tool that your enemy uses effectively against you is not a good look.

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[–] DrFistington@lemmy.world 145 points 19 hours ago (4 children)

Spinless dipshit reverses course when confronted with consequences. More on this at the top of the hour...

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[–] doug@lemmy.today 82 points 18 hours ago (4 children)

Kennedy was assassinated for less. This man has fucked with some higher powers’ money I’m surprised they haven’t ousted him for a canon slightly less loose, but I suppose he is quite the distraction.

[–] UltraGiGaGigantic@lemmy.ml 4 points 2 hours ago

They want their business plot 2.0.

[–] Stamau123@lemmy.world 12 points 12 hours ago

consequences are for progressives

[–] samus12345@lemm.ee 55 points 16 hours ago

But Kennedy was a liberal. They don't assassinate their fellow conservatives.

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