"Most successful first 100 days of any administration."

I wonder what these two quarters have in common. Only one of them had a global pandemic, so that's not it.

Via Brad Moss:

Fewer choices, and more expensive products.

The American Dream.

‪Aaron Rupar:‬

#Trump on China: "They made a trillion dollars with Biden selling us stuff. Much of it we don't need. Somebody said, 'oh, the shelves are gonna be open.' Well, maybe the children will have two dolls instead of 30 dolls, and maybe the two dolls will cost a couple of bucks more."

Bloomberg:

"Rivian quietly built a reserve of electric-vehicle batteries from Asia ahead of #Trump’s #tariffs, giving the company a measure of insurance against the upheaval in trade policy now pressuring the automotive supply chain" #TrumpTax

https://www.europesays.com/2039263/ Wall Street falls while FTSE 100 regains losses after US economy shrinks #business #tariffs #TradeWar

https://www.europesays.com/2039262/ Trump tariffs will cause ‘modest downturn’ in Canada but create ‘rare opportunity for change’: Deloitte #BillPugliano #business #BusinessInvestment #Canadá #deloitte #Desjardins #tariffs #TradeWar #UnemploymentRate

"The last time a smartphone factory opened in the US, it closed within a year.

In 2013, Motorola announced it wanted to challenge the conventional wisdom that manufacturing in the US was too expensive. But 12 months later, the facility in Fort Worth, Texas, was shut down because of disappointing sales and high costs.

If Donald Trump has his way, Apple will be the next tech company to test the theory. The Trump administration wants the smartphone giant to have the iPhone manufactured in America instead of China, where most of them are currently made.

“Remember the army of millions and millions of human beings screwing in little screws to make iPhones?” commerce secretary Howard Lutnick said in early April. “That kind of thing is going to come to America.”

Supply chain experts believe that the Trump project would face the same problems as Motorola — indeed, some predict an iPhone could cost as much as $3,500 if fully assembled in the US.

But the reason it is so hard to shift Apple’s manufacturing to America is not solely down to the armies of workers that Lutnick referenced. The bigger issue is moving the sophisticated global supply chains built up over decades that sustain Apple’s operations in China."

https://ig.ft.com/us-iphone/

Trump and MAGA know that their tariffs are HUGELY unpopular. People should know how much they are paying for taxes. If a Democrat was doing this, MAGA would be hopping mad at the coverup.

"Collins & Murkowski told me they intend to vote for the Rand Paul resolution to halt the Trump tariffs. Paul needs 4 GOP votes to win Senate approval — & he expects to get them.

But House won’t take it up bc of a provision Johnson inserted into a rule to halt such efforts."
-M Raju

The economy will likely be a recession within weeks, but R MOC have already established -they won't halt Trump's destructive #tariffs.

Is there a chance they'll come to their senses?

So we’re in negative GDP growth even with companies and individuals stocking up before the tariffs hit. There are two new cars on my street due to panic buying. The next quarter will be bleak. #tariffs

Hello #fediverse! This is GBH #News bringing you the world from #Boston. It's 67F at Logan Airport and visibility is 10mi.

The US Coast Guard announced plans to remove hundreds of navigational buoys along the New England coast.

The US economy shrank in the first quarter of 2025 and #tariffs are expected to cause a further slowdown.

A new study linked phthalates, found in some plastics, to heart disease.

Count down to panic buying US made toilet paper because of the #tariffs on China.

REPORTER: #Amazon will soon display a number next to the price of each product that shows how much the #Trump #Tariffs are adding. Isn't that a perfect demonstration that it's the American consumer who is paying for these policies?

LEAVITT: This is a hostile and political act by Amazon.

Trump's worst number? 60% say he's out of touch with most Americans. Why?

#Tariffs. They're what most associate with #Trump & are incredibly unpopular (65% disapprove).

If term 1 was about Trump's personality/Twitter use 100 days in, term 2 is about a very unpopular policy.

Copied & Pasted

https://www.europesays.com/2038894/ Saudi MBS on U.S.-EU trade war impact and his mediation challenges #business #CrownPrinceMohammad #EuropeanUnion #MiddleEast #PresidentTrump #SaudiUSRelations #tariffs #TradeWar

https://www.europesays.com/2038892/ US economy shrinks 0.3%, companies race to get ahead of Trump tariffs – live updates #business #tariffs #TradeWar