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#China

988 posts513 participants25 posts today

#Trump kills the strongest economy in the world, in four months.Unemployment was low, and the stock market high. . Yes inflation was stubbornly high (eggs from Avian flu) and some never recovered from pandemic layoffs but THIS?

Republicans own this. Dow futures down 1,000 and the Asian markets are down 4% or $30 BILLION gone.

The farm belt may be crippled by this as China and Canada will retaliate. Sorry MAGA farmers, #FAFO .#tariffs #china #japan #canada #farms

🤑 Amazon (AMZN) Submits Bid for TikTok With US Sale Deadline Approaching
—Bloomberg

"Amazon’s proposal joins several other publicly known offers, including one from a group led by billionaire Frank McCourt and Reddit co-founder Alexis Ohanian, another featuring tech entrepreneur Jesse Tinsley and YouTube star MrBeast, and a merger offer by San Francisco-based Perplexity AI."

bloomberg.com/news/articles/20

Continued thread

“The president has justified the imposition of these #tariffs on, in my view, a made-up emergency,” said Senator Tim Kaine, Democrat of Virginia & the lead sponsor of the resolution. “The #fentanyl emergency is from #Mexico & #China. It’s not from #Canada.”

The resolution… seeks to revoke the emergency declaration &, with it, #Trump’s ability to enforce the tariffs set to go into effect on Wednesday.