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#musk

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"U.S. stock futures and the dollar tumbled on Wednesday after President Donald Trump unveiled 'liberation day' tariffs that were larger than investors had expected. …

Nigel Green, CEO of deVere Group: “It’s a seismic day for global trade. Trump is blowing up the postwar system that made the U.S. and the world more prosperous, and he’s doing it with reckless confidence."

~ Joseph Adinolfi

#Trump #Musk #tariffs #LiberationDay #recession #inflation #StockMarket
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marketwatch.com/story/trump-ta

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Analysts at JPMorgan Chase warned that the impact of President Donald Trump’s new set of tariffs could take the economy ;perilously close to slipping into recession.' …

Analysts at JPMorgan estimated hours after the announcement that the tariffs would amount to 'the largest tax increase since the Revenue Act of 1968.'”

~ Erik De La Garza

#Trump #Musk #tariffs #economy #LiberationDay #recession #inflation #StockMarket
/7

rawstory.com/trump-tariffs-267

Raw Story · 'Bad, bad, bad': JPMorgan's scathing assessment of new tariff economy stuns social mediaBy Erik De La Garza
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"Economists, business leaders, and politicians have reacted to the tariffs in horror and disbelief. Destroying the federal government to 'own the libs' was acceptable for most Trump-supporting titans of industry, but destroying US export markets and increasing the prices of consumer goods for no discernible reason has bewildered even Trump's most ardent supporters."

~ Robert B. Hubbell

#Trump #Musk #tariffs #economy #LiberationDay #recession #inflation #StockMarket
/3

roberthubbell.substack.com/p/t

Today's Edition Newsletter · Trump ignites global tariff warBy Robert B. Hubbell
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WHY? Because none of those imbeciles ever attended a single day of Economics, and their godhead bankrupted casinos (plural). So they asked an "ai" chat bot. Naturally. Smells like #musk.

So, Indonesia $18Bn/$28Bn (trade deficit over total trade) equals .64 or 64% for the math challenged.

THAT is how the brilliant inbred cretinoid nazi fashy figured it out.

There are no adults in the room.

#TurdReich #tRumpTariffs #MAGAts #dumbasses

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“'Never before has an hour of Presidential rhetoric cost so many people so much,' former treasury secretary Lawrence Summers posted. 'The best estimate of the loss from tariff policy is now [close] to $30 trillion or $300,000 per family of four.' 'The Trump Tariff Tax is the largest peacetime tax hike in U.S. history,' posted former vice president Mike Pence."

#Trump #Musk #tariffs #economy #LiberationDay #recession #inflation #StockMarket
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"Trump waited until the stock market had closed today before he announced the new tariffs." Even so,

"Dow Jones Industrial Average futures lost more than 1,000 points upon the news, falling by 2.5%; the S&P 500 dropped 3.6%."

~ Heather Cox Richardson

#Trump #Musk #tariffs #economy #LiberationDay #recession #inflation #StockMarket
/1

heathercoxrichardson.substack.

Letters from an American · April 2, 2025 (Wednesday)By Heather Cox Richardson

Just a reminder as a Tesla stock rises again: the goal shouldn’t be to get Musk out of government, not even to get him out of public life, the richest man in the world should not be a neonazi, that man should be destitute
#musk #tesla

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