- cross-posted to:
- antitrumpalliance@lemmy.world
- cross-posted to:
- antitrumpalliance@lemmy.world
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.
Trump signed away Americans rights straight away when he got into office, it’s not returning to the way it was lol, permanent damage done to longtime allies can’t be undone and the usa is no longer seen as a reliable partner. You have project 2026 to look forward to, looks like having all those guns didn’t do shit to stop a facist takeover of your government.