this post was submitted on 23 Apr 2025
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Summary

Trump had to reverse his aggressive tariff rhetoric after CEOs from Walmart, Target, and Home Depot warned of empty shelves and higher prices due to supply chain disruptions.

Investors reacted negatively to his threats against Fed Chair Jerome Powell, prompting a market sell-off.

Trump backtracked, expressing optimism on a China trade deal and now denying plans to fire Powell.

Global markets remain volatile, and the IMF cited Trump’s trade war as a “major negative shock” to global growth.

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[–] chiliedogg@lemmy.world 24 points 8 hours ago (2 children)

China shouldn't give a femtometer.

Restrict exports to the US until all tarrifs on Chinese goods are lifted. And even then, tarrif US exports just a bit just as a Find Out gesture.

Make it clear that Trump gains absolutely nothing for all this. Not even a little 1% he can claim as a minor victory. Humiliate him in the eyes of the world and expose him for the worthless negotiator he is.

[–] tacosplease@lemmy.world 3 points 7 hours ago (1 children)

As a struggling American, I hope so too. The fucking rural parts of the country need to feel the suffering and understand exactly what caused it.

[–] malkien@lemmings.world 4 points 5 hours ago

But how can they understand? Fox News will never correlate their suffering with Trump

[–] alekwithak@lemmy.world 1 points 7 hours ago (1 children)

I fully agree but also stfu I'm trying to exist here!

[–] JamesTBagg@lemmy.world 1 points 7 hours ago

Eh ... if played out like the above comment suggests, with China giving us a little token tariff on US imports to twist the knife, we on the ground won't be affected. Fuck, we'll be vastly better off than under the Trump tariffs plans. We all win, he loses.

[–] ikidd@lemmy.world 3 points 5 hours ago

Someone showed a display of incoming containers, and May was down almost 50% from last year in May. That's going to be devastating. Good to see.

[–] Zero22xx@lemmy.blahaj.zone 74 points 13 hours ago (3 children)

now denying plans to fire Powell

As an outside observer, one of the funniest things about Trump (and this whole crowd actually) is the amount of just denying things that they do. There is never a single time that they admit fault or the capability to learn and improve. Drunkard clowns like Hesgeth have to be dragged out kicking and screaming for something to be rectified, at which point they'll just go "Uh, well anyway, here's the next guy, he's going to be great! Tremendously bigly!"

Elon didn't do that famous hand gesture that we all saw him do twice in a row. Fox News guy didn't use a 3rd party app for a top secret war chat and didn't include a journalist in the group. Trump didn't apply those tariffs or throw unhinged temper tantrums on social media. It's all just the fake news librul agenda trying to discredit these fine upstanding members of society as usual. And if it's true - onto the next thing. How about that woke agenda amirite?

[–] pulsewidth@lemmy.world 17 points 9 hours ago (2 children)

It gets thrown around a lot but Orwell's 1984 has a passage, the context in the book is the protanonist realizing specifically about how it is impossible to argue against the fascist party as they happily substitute alternate facts whenever desired, and mandate the loyal adopt them wholesale.

"The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command."

This is the chapter. https://george-orwell.org/1984/6.html

[–] bss03@infosec.pub 9 points 7 hours ago* (last edited 7 hours ago) (1 children)

“The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command.”

I actually hate this quote because idiots around me use this thought pattern to reject the results of rigorous scientific studies in favor of their isolated, personal experiences.

To them, "Science" is an much an authoritarian imposition as "The Party" and "Scientism" is the worst "cult".

Yes, your experience is valid. But, it doesn't trump shared objective reality, which good science reveals.

[–] yarr 5 points 7 hours ago* (last edited 7 hours ago)

My favorite phenomonon is anti-vaxers and the like saying "Science is hogwash! Ever notice how they just say 'Trust the science!'? That means it requires faith!" Sure, that's all well and good, except an actual scientist will NEVER say "Trust the science!" The foundations of science are NOT built on blind trust. It's built on truth which is established experimentally, which is the opposite of blind trust. It's very telling that people saying science is flawed are the same folks that don't understand it.

It's largely the same thing as someone saying "Evolution is hogwash. I've never seen a monkey turn into a human!" (except evolution doesn't say that it will either...)

[–] flynnguy@programming.dev 6 points 8 hours ago

I read 1984... I really liked it but I thought the whole war is peace, freedom is slavery bit was something that no one would really buy. Then Trump took office and I feel like I'm taking crazy pills. I now believe 1984 and don't question it at all. :(

[–] prole@lemmy.blahaj.zone 23 points 11 hours ago (2 children)

As an inside observer, I assure you that there is nothing funny about it whatsoever.

[–] Soup@lemmy.world 6 points 10 hours ago (1 children)

As an adjacent observer(Canada, and we have our own idiots) it’s kinda funny. The US has had so much time and so many resources to not being the shithole it is today and they just couldn’t bring themselves, as a country, to get there. Other countries have done way better with less so we know it’s possible.

So, as much as it is also scary, awful, and just plain garbage, it is a little funny as well.

[–] SparroHawc@lemm.ee 2 points 7 hours ago

Well, as it turns out, America's status as an economic juggernaut has always been dependent on keeping our occupied territory as shitholes that are terrible for the people who live there, so we can exploit their labor and resources. We learned well from the British Empire. The shitholeness is just being turned against a larger swath of our population now.

[–] Zero22xx@lemmy.blahaj.zone 2 points 10 hours ago* (last edited 10 hours ago)

Good point. Poor choice of words. It's not funny haha or even funny peculiar. It's just fucked up.

[–] WildPalmTree@lemmy.world 12 points 11 hours ago (1 children)

Roy Cohn: Never admit you are wrong. Never admit defeat.

[–] DeathsEmbrace@lemm.ee 5 points 11 hours ago (1 children)

I find it funny because you could literally have lost everything and still stay in this mindset.

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[–] SabinStargem@lemmy.today 33 points 14 hours ago (1 children)

Until Trump and Yarvin are hanging by their ankles, I won't believe that the United States will get better.

[–] iridebikes@lemmy.world 13 points 10 hours ago (2 children)

Mussolini got beat to death after his lil foray into fascism.

[–] madjo 6 points 8 hours ago* (last edited 8 hours ago) (1 children)
[–] Asfalttikyntaja@sopuli.xyz 7 points 8 hours ago

Why wait so long?

[–] chiliedogg@lemmy.world 5 points 8 hours ago

Fascism only seems to end with the death of their figurehead.

[–] Ledericas@lemm.ee 18 points 16 hours ago (4 children)

but he isnt reversing any tariffs? he must be really obsessed with them.

[–] Soup@lemmy.world 5 points 10 hours ago

He bas been, which is the wild part. He’s not saying “oh this was a bad idea, whoops” but he is adding all kinds of exceptions all the time as major corporations tell him how awful they are. Terrified of being seen as weak, so many tariffs will remain but it is really funny watching them scramble to pretend like they aren’t the absolute worst at their jobs.

[–] futatorius@lemm.ee 12 points 15 hours ago

It's a simplistic solution and he's simpleminded, so it's hard for him to let go of it since all the other approaches are harder.

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