this post was submitted on 23 Apr 2025

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733

Terrified Trump flees tariffs war after CEOs’ ‘empty shelves’ warning (www.thedailybeast.com)

submitted 1 day ago by MicroWave@lemmy.world to c/news@lemmy.world

163 comments fedilink hide all child comments

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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[–] barneypiccolo@lemm.ee 10 points 1 hour ago (2 children)

I'm ready for these tariffs to hit the shelves for a month or two. Give MAGA Morons a really good taste of HitlerPig's virtuosic incompetence. They won't be happy when the shelves in Walmart and Target are nearly empty, and whatever is left has tripled in price.

When they get home from their trip to Walmart empty handed, and turn on the TV to see enormous crowds protesting in the streets, perhaps it will finally start to sink in what those protesters are unhaopy about. Not all of them, of course, but some of them.

[–] Ledericas@lemm.ee 2 points 49 minutes ago

not to mention the DOGE cuts, is barely making the news anymore, MSM is barely reporting it right now, because it hurting trumps image

[–] deltapi@lemmy.world 2 points 1 hour ago (2 children)

You're assuming corpo America will drop the prices after. They won't.

[–] Ledericas@lemm.ee 1 points 48 minutes ago

they dint with covid shrinkflation/cheapflation.

[–] Jyek@sh.itjust.works 1 points 1 hour ago

Up like a rocket; down like a feather.

[–] chiliedogg@lemmy.world 45 points 15 hours ago (3 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 14 points 14 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 12 points 12 hours ago (1 children)

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

[–] Ledericas@lemm.ee 1 points 47 minutes ago

neither will any of the MSMs they are as complict as fox.

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[–] ikidd@lemmy.world 12 points 12 hours ago (2 children)

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.

[–] Ledericas@lemm.ee 1 points 48 minutes ago

wait til summer hits, when people arnt seeing vacationers going to usual tourist states and combined with the tariffs.

[–] Cordyceps@sopuli.xyz 6 points 3 hours ago

Yeah these things are not bits. One hotfix does not fix a cargo transport that was not sent a month or 2 ago. Remember Evergreen getting stuck in Suez canal? The ramifications of that slowdown in commodity and material movement could be seen +1 years of it happening. Physical world is funny that way.

[–] Zero22xx@lemmy.blahaj.zone 84 points 20 hours ago (4 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?

[–] Ledericas@lemm.ee 2 points 46 minutes ago

trump has 2 hand gestures of his own, his accordian hands when hes exaggerating or lying. and his double jerking motion.

[–] pulsewidth@lemmy.world 24 points 15 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 14 points 14 hours ago* (last edited 14 hours ago) (2 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.

[–] pwloftus@pwl.farted.net 4 points 3 hours ago

@bss03 @pulsewidth If you are not willing to learn or to be curious about reality then the truths discovered by science would be no different to you than any other form of mysticism. It's then possible to apply that quote to anything that doesn't align with your experience.

[–] yarr 9 points 14 hours ago* (last edited 14 hours ago) (1 children)

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...)

[–] BlackSheep@lemmy.ca 2 points 3 hours ago (1 children)

This is a direct result of the degradation of education. Countries that have a higher standard of living for ALL people: health (mental and physical), fair wages, maternity/paternity leave, etc., also have better education standards. In some cases, free university.

[–] Ledericas@lemm.ee 1 points 45 minutes ago

yea most fields dont even require bio as part of thier degree, not even remdial, felt that should be part of the curricilum colleges.

[–] flynnguy@programming.dev 10 points 15 hours ago (2 children)

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. :(

[–] GoodLuckToFriends@lemmy.today 1 points 54 minutes ago

I almost wish 1984 was the reality, but it's a horrible mix of 1984 and Brave New World. Rather than just being oppressed due to fear of your comrades turning you in, like 1984, we also get people happily ignoring everything bad to get their fix of the fixed slice of the world presented to them.

If it was just 1984, at least I'd have hope that enough people could see the problem, rise up against the problem, and not have to contend with the contented masses that just want the status quo.

[–] BlackSheep@lemmy.ca 2 points 3 hours ago (1 children)

1984 was required reading when I was in high school in Canada.

[–] Ledericas@lemm.ee 1 points 44 minutes ago (1 children)

same here in us, plus catcher in the rye. and classical literature as well. they made an attempt to force people write papers for the first time, but it was so haphazard it dint turn it good.

[–] BlackSheep@lemmy.ca 1 points 13 minutes ago

"Catcher in the Rye” is an amazing book!

[–] prole@lemmy.blahaj.zone 24 points 18 hours ago (2 children)

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

[–] Soup@lemmy.world 7 points 17 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 5 points 14 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.

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[–] WildPalmTree@lemmy.world 13 points 18 hours ago (3 children)

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

[–] BlackSheep@lemmy.ca 1 points 2 hours ago

“Never admit you are wrong”. This has become pervasive in everyday life. The phrases: “I was wrong”, “I stand corrected”, “point taken”, “mea culpa” are rarely heard anymore. So many dig in with nothing to back their argument, use the “fake news” BS, and/or just really become angry. What happened to reasonable discourse? Well, I guess it went out the window with science. It went out the window with critical thinking. It went out the window when representatives of our countries seem to get away with telling outright lies with no consequences. When social media is allowed to spread outright lies with no consequences. What a fucking shit show.

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[–] SabinStargem@lemmy.today 36 points 21 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 16 points 17 hours ago (2 children)

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

[–] madjo 9 points 15 hours ago* (last edited 15 hours ago) (1 children)

trump for piñata 2026!

[–] Asfalttikyntaja@sopuli.xyz 7 points 15 hours ago

Why wait so long?

[–] chiliedogg@lemmy.world 5 points 15 hours ago

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

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