@Some_Emo_Chick #tRUMPSamerica #idiocracy #THUGScantGovern

"The self-inflicted uncertainty from the #China #tariffs has turned the corporate capital expenditures world upside down, created mass #uncertainty not seen since Covid, created a price shock that will impact the daily lives of US #consumers with no end in sight, & unfortunately ripped the hearts & lungs out of the US #BigTech #SupplyChain in the process with no minimal to no alternatives," Ives wrote.

“In the last few days, we have had many conversations with macro #fund managers,” wrote Tom Lee, the head of research at the #financial analysis firm FSInsights.

“And their concern is that the White House is not acting rationally, but rather on ideology. And some even fear that this may not even be ideology,” Lee continued. “A few have quietly wondered if the President might be #insane.”

The Grantham Institute at Imperial College #London, which specialises in #ClimateChange #research, is creating at least 2 more research fellowship posts for early-career #climate researchers from the US & has already seen an clear uptick in applications, said its Director of Research, Joeri Rogelj.

@LilahTovMoon Presumably, she's reading words someone else wrote off a teleprompter with a sans-serif font (and not one with caps on "I" like Verdana or Tahoma). She literally has no idea what she's talking about, which is not surprising, considering her background is WWE—about as far from an intellectual pursuit as there is.

#ChuckSchumer added: “We know that Donald #Trump doesn't think things through. We know that whatever hits him for the moment he does. But on something so vital like the whole #economy of America, the amount of #money people have in their pockets, in their livelihoods, on something as vital as this - yes, it leaves you agape at what he is doing & how much damage he is causing. And how little he cares. He thinks it’s a game.”

#Senate #Democrats just held a press conference on #Trump's #tariff announcement & his admin's policy.

Sen Kirsten Gillibrand said: “Because of this #chaos, this #incompetence & this carelessness, he has wiped out trillions of dollars from the #US #economy.”

Standing alongside her, Senate Minority Leader #ChuckSchumer said: “You can't undo the damage. The #TrumpSlump is upon us now, & whatever he will try to do in the future does not undo the damage.”

Illinois Senator #DickDurbin, the No. 2 #Democrat in the #Senate, warned that the negative impacts of #tariffs would persist far beyond a 90-day period.

"The chaos, uncertainty, & real damage of the #Trump Tariff Tax will not disappear in 90 days. Bottom line: the President has created a global mess at the expense of American families & businesses,” Durbin said in a statement.

Inexplicably, #Trump seems to have added another 10% tariff to #Canada & #Mexico. Asked earlier if the 10% tariff extends to those countries, Scott Bessent, the treasury secretary, said that it did. And a White House official clarified that that is the case. Previously Canada & Mexico had been exempted from this round of “reciprocal” #tariffs, though they still face a 25% tariff on many of their goods that the president imposed last month.

It wasn’t clear from #Trump’s post if countries would be facing a 10% tariff or a 20% tariff. Trump said he would impose “a substantially lowered reciprocal tariff” of 10% during the 90 days. But he didn’t say if that would be in addition to a 10% “universal” #tariff that the #UnitedStates imposed globally on Sa.

Karoline Leavitt, the WH propagandist, just told reporters that the tariff level would be brought down to a universal 10% — so that will still be in effect.

#Treasury Secretary Scott Bessent tried to spin the pause as part of #Trump’s strategy & not a capitulation, saying that the #tariffs had worked to get some of #China’s closest neighbors to seek deals with the #UnitedStates [prove it Bessent]. “Do not retaliate, & you will be rewarded,” he said.

#Trump announced a 90-day pause on his *reciprocal* #tariffs excluding #China

Of course the idiot-in-chief made the announcement on his off-brand social media platform, so people are only just hearing about it.

@PaulaToThePeople

We are heading straight into a future between #Idiocracy and the dark, dystopian Star Wars hell