Infighting over tariffs in the Trump administration. It looks like episodes of the old rich-bitch shows in the 80's like Dallas where the in-laws were at each other's throats over money. Elon Musk calls Trump trade adviser Peter Navarro 'a moron' amid tariff infighting
Trump set to impose additional tariffs on China Wednesday which could bring the total to 103%. https://www.cnn.com/2025/04/08/business/trump-china-tariff/index.html
Tariffs Are Just the Tip of the Iceberg, Warns Billionaire Investor Ray Dalio - Decrypt excerpt: "While these tariff announcements are very important developments and we all know that President Trump caused them, most people are losing sight of the underlying circumstances that got him elected president and brought these tariffs about," Dalio wrote. Dalio argues that tariffs are merely symptoms of five underlying forces reshaping the global order: rapidly mounting debt, domestic politics, a shift in how geopolitical power is wielded, acts of nature, and the impact of technological innovations such as AI on the world economy. Debt has become "unsustainable because of the large imbalance between debtor-borrowers who owe too much debt and lender-creditors who already hold too much," Dalio argued, citing the relationship between China and the U.S.
Trump fires female U.S. Navy Vice Admiral who appeared on a 'woke' list. Trump administration fires senior Navy female officer at NATO. She appeared on a 'woke' list excerpts: "WASHINGTON (AP) — U.S. Navy Vice Adm. Shoshana Chatfield, the only woman on NATO’s military committee, was fired over the weekend by the Trump administration, U.S. officials said Monday. Although no reason was given, officials said it was apparently tied to comments she has made that supported diversity in the force." Chatfield was on a list of senior military officers targeted as “woke” by the conservative American Accountability Foundation, which sent a letter to Hegseth saying that “purging the woke from the military is imperative.”
Musk says Navarro is dumber than a bag of bricks. Navarro served four months in prison for not complying with a subpoena issued by the Jan. 6 committee to testify about his knowledge about Trump's riot at the Capitol. Navarro is back in the Trump administration all over again. Trump trade fight: Customs starts collecting new tariffs on imports from 86 countries at midnight
Sen. Kennedy thinks Trump will take responsibility for his actions. That's like Sen. Susan Collins thinking that Trump would learn his lesson after his first impeachment. MAGA Senator Says Americans ‘Don’t Care’ If Trump Golfs Through His Tariff Crisis excerpt: “Oh, I think it is,” Kennedy said, asserting that the president will have to take responsibility if his ploy fails. “There’s no question. I think once he decided to add the tariffs, clearly, I mean, he will be held responsible—as he should—whether it turns out good or it turns out badly.”
One of the pro-Trump billionaires, Langone, yesterday complained that he thinks Trump didn't play the game right by threatening another 50% tariff on China after he had already imposed 54%. He says Trump should have given China more time to make a deal. Trump complained that he thought China didn't play his tariff game right, that it should have made a deal with him after his 54% tariffs before imposing 34% retaliatory tariffs on the U.S.
Trump said yesterday to the press that his tariffs can be permanent while dealmaking ensues, sort of like wave-particle duality. The world can expect an ongoing tit-for-tat tariff war during the next four years of Trump. He will issue yet another threat to achieve yet another thing that he wants for himself to try to satisfy one of his numerous psychological hangups, whether it's about trade, gang members, immigrants, fentanyl addiction, DEI, transgender, a painting of him in Colorado, or any other issue that crosses his whimsical mind, real or perceived.
BlackRock's Fink says CEOs tell him they think US economy is in a recession excerpt: "Most CEOs I talk to would say we are probably in a recession right now," Fink told the Economic Club of New York on Monday. Tariffs are expected to make a wide variety of products more expensive, exacerbating inflationary pressures that have been persistent in recent months. Despite turmoil in the market, Fink said that weakness does create a buying opportunity over the long run despite the potential for further declines.
The problem is with Trump, not just his advisors. GOP megadonor Ken Langone is latest billionaire to blast Trump's tariffs excerpt: Home Depot co-founder Ken Langone is blasting Trump's tariffs, calling the 46% import duties on Vietnam "bullshit" and describing the 34% tariff rate on China as "too aggressive, too soon." "I don't understand the goddamn formula," the veteran Republican political campaign donor says in a new interview with The Financial Times. "I believe [Trump's] been poorly advised by his advisers about this trade situation — and the formula they're applying," he adds.
Trump admin live updates: Trump cancels legal status for 900,000, tells them to leave 'immediately' excerpt: "Maine filed a federal lawsuit against the Departmen of Agriculture on Monday, claiming the Trump administration illegally froze federal funds allocated to Maine to feed low-income school children because the state is allegedly violating Title IX law by permitting transgender girls and women to participate in girls' and women’s sports."
https://www.politico.com/news/2025/04/06/washington-worries-trump-could-bail-out-zuckerberg-00273712 excerpt: "Once despised by Trump and other Republicans for his alleged pro-liberal bias, Zuckerberg over the last several months has apologized for removing Covid-19 disinformation and downplaying posts about Hunter Biden’s laptop, elevated long-time Republicans Joel Kaplan and Kevin Martin to serve as his top lobbyists, ditched the company’s fact-checking program, donated $1 million to Trump’s inaugural fund and hosted an inauguration party for the president. Sen. Ted Cruz (R-Texas) and Rep. Jim Jordan (R-Ohio), both Trump allies, have praised Meta’s relentless efforts to appease Republicans. And the president himself has made little secret of his desire to lay the groundwork for a social media ecosystem that elevates right-of-center content."
Sen. Kennedy says he doesn't think Americans care about Trump playing golf at a Saudi-backed event at his Doral golf resort as the world grapples with the financial meltdown that his tariff wars are causing. MAGA Senator Says Americans ‘Don’t Care’ If Trump Golfs Through His Tariff Crisis excerpt: “President Trump played golf over the weekend. He posted a video of himself golfing. Do you think that was a bad look considering where the markets were?” host Kasie Hunt asked the Louisiana Republican Monday. “Nah, I don’t think the American people care that much. They understand that presidents relax on the weekends,” Kennedy replied. “It doesn’t mean that he wasn’t talking on the phone or wasn’t in meetings. I don’t think there’s ever a time when a president isn’t on call. I don’t think people hold that against him.”
DOGE Goons Cause Major Crash to Social Security Site excerpt: "Elon Musk’s DOGE goons crashed the Social Security Administration website Monday when an apparent “anti-fraud upgrade” went badly wrong. Several people reported being unable to access their online accounts, weeks after the Department of Government Efficiency (DOGE) began hacking the agency apart from the inside. The cyber glitch prevented elderly people and low-income families from accessing and managing their information, applying for government services and making or receiving payments."
"nah. I don't think the American people care that much.." About 47 % of ém are too fuckin' brainwashed to care about much of anything.
....and that is truly frightening. It's like Fox 'News' puts out secret subliminal mind control messages.....people are just glued to it.
Some of Trump's supporters willingly went to their deaths at the Capitol to promote his lies about the 2020 election.
S&P 500 closed at its lowest level in a year. Trump's China tariffs send stocks tumbling as 'FOMO' rally fades, S&P 500 closes at lowest level in a year