Trump's tariffs Archives - Page 3 of 6

Trump’s Imperial Presidency

April 15, 2025 Buck Banks

About Trump’s imperial presidency, here’s the thing —
He could wear a crown and ermine coat and fancy ring,
But he doesn’t know what he’s doing,
And with millions of lives he’s screwing,
And we’re finding that it really sucks to have an incompetent king.

China Calls Trump’s Tariffs ‘A Joke’

April 12, 2025April 12, 2025 Buck Banks

— A statement from China’s Finance Ministry

Stephen Miller Absolutely Nails It on Tariffs

April 11, 2025 Buck Banks

“You have been watching the greatest economic master strategy from an American president in history.”

— Trump adviser Stephen Miller, on X.

‘Worst Self-Inflicted Wound’ Ever

April 11, 2025 Buck Banks

$4,000

“This is the worst self-inflicted wound that I have ever seen an administration impose on a well-functioning economy.”

— Former Federal Reserve Chair Janet Yellen, who said President Trump’s shifting tariff policy has increased the odds the U.S. will enter into a recession, the Wall Street Journal reports.“Yellen said the Trump administration’s tariff policies could cost the average U.S. household $4,000 a year.”

Trump Has Canceled Christmas

April 11, 2025 Buck Banks

87%

Reuters: U.S. retailers are almost completely reliant on China for Christmas decorations, where they source 87% of such goods – worth roughly $4 billion. Chinese factories are also heavily dependent on the U.S. market, where they sell half of what they make.

Fart of a Deal

April 10, 2025August 14, 2026 Buck Banks

Something’s not right about this tariff postponement, methinks.
And it seems that Trump’s up to market manipulation hijinks.
Tuesday’s “rumor” was the “tell,”
That come Wednesday — short sell.
There’s something about this fart of a deal that just stinks.

The Problem with Trump’s Tariffs

April 10, 2025 Buck Banks

“The problem with these tariffs is that their scale and indiscriminate nature will have the effect of destroying demand and destroying the capability to develop alternative supply. I suppose if the only goal is to hurt China then shooting yourself in the foot, such that you no longer need to buy shoes for stumps, is a strategy you could choose, but that does nothing to help with what should be the primary motivation: shoring up the U.S. national security base.”

— Ben Thompson

Trump’s Tariff Arithmatricks

April 9, 2025August 14, 2026 Buck Banks

In markets Trump’s terrible tariffs are striking terror.
Truth be told, they coulda been, shoulda been fairer.
Before embarking on this path,
Somebody should have checked the math,
Because the tariff calculations were based on a massive error.

Nearly Two-Thirds of Americans Disapprove of Trump’s Tariffs

April 9, 2025 Buck Banks

58%

A new Navigator Research poll finds that the share of Americans who say the economy is “getting worse” is now higher than it was before Donald Trump won the election in November 2024, and that 58% of Americans disapprove of his tariffs, while only 30% approve.

There Was No Process Behind the Tariff Fiasco

April 7, 2025 Buck Banks

“There was no process. There are no power brokers. On questions of trade, there’s Donald Trump’s whims, his collection of clown car enablers, and maybe an intern who plugs some things into ChatGPT. That’s pretty much it.”

— A statement from China’s Finance Ministry

“You have been watching the greatest economic master strategy from an American president in history.”

— Trump adviser Stephen Miller, on X.

$4,000

“This is the worst self-inflicted wound that I have ever seen an administration impose on a well-functioning economy.”

87%

Reuters: U.S. retailers are almost completely reliant on China for Christmas decorations, where they source 87% of such goods – worth roughly $4 billion. Chinese factories are also heavily dependent on the U.S. market, where they sell half of what they make.

— Ben Thompson

58%

A new Navigator Research poll finds that the share of Americans who say the economy is “getting worse” is now higher than it was before Donald Trump won the election in November 2024, and that 58% of Americans disapprove of his tariffs, while only 30% approve.

“There was no process. There are no power brokers. On questions of trade, there’s Donald Trump’s whims, his collection of clown car enablers, and maybe an intern who plugs some things into ChatGPT. That’s pretty much it.”

— Daniel Drezner

Poetic Justice

Verbatim

“The man is afraid of the voice of the people and that the people understand and know what he’s doing. He’s trying to stifle the ability of journalists to let the people of America know what’s really going on with their government.”

— “Kamala Harris called President Donald Trump’s ban of CNN, MS NOW and Politico from the White House ‘absolutely abhorrent,’” The Wrap reports.

“Not one of them is trained in technical skills. Not one research PhD, as opposed to China, where half the cabinet is science and technology PhDs. We’re led by grifters and fools.”

— Columbia professor Jeffrey Sachs, on X, on President Trump’s 35-person cabinet.

“Mr. President, some of your immigration enforcement efforts have gone too far… The same Hispanics who helped you get to the White House in 2024 feel betrayed today.”

— Rep. Maria Elvira Salazar (R-FL), breaking with President Trump in a direct-to-camera video.

Numerati

1,000

10%

“The unprecedented spate of mid-decade redistricting for the U.S. House has changed the congressional districts for one-tenth of Americans and significantly altered the makeup of at least one-fifth of districts, according to a new study,” the Associated Press reports.

71%

$9.5 billion

“The Trump administration last year spent $9.5 billion on paid administrative leave for federal workers as part of its plan to shrink the government and save taxpayers money, according to a new estimate by a congressional watchdog,” CNN reports.

470

Reuters has documented at least 470 targets of retribution under Trump’s leadership – from federal employees and prosecutors to universities and media outlets. The list illuminates the sweeping effort by the president and his administration to punish dissent and reshape the government.