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formuchdeliberationall the latest news on the effects of Trump's many <a href="https://mastodon.world/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#tariffs</a> <a href="https://mastodon.world/tags/trumptariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#trumptariffs</a> <a href="https://mastodon.world/tags/donaldtrump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#donaldtrump</a> <a href="https://mastodon.world/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#recession</a> <a href="https://mastodon.world/tags/stockmarket" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#stockmarket</a> <a href="https://mastodon.world/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#inflation</a> <a href="https://mastodon.world/tags/uspolitics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#uspolitics</a> <a href="https://mastodon.world/tags/GlobalMarkets" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#GlobalMarkets</a> <a href="https://mastodon.world/tags/worldnews" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#worldnews</a> <a href="https://mastodon.world/tags/economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#economics</a> <a href="https://mastodon.world/tags/chinatariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#chinatariffs</a> <a href="https://mastodon.world/tags/GuardianUK" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#GuardianUK</a> <a href="https://mastodon.world/tags/newsheadlines" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#newsheadlines</a> <a href="https://mastodon.world/tags/finance" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#finance</a> <a href="https://mastodon.world/tags/money" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#money</a> <a href="https://www.theguardian.com/us-news/2025/apr/04/china-donald-trump-tariffs-recession--us-stock-market" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.theguardian.com/us-news/2025/apr/04/china-donald-trump-tariffs-recession--us-stock-market</a>

NonilexUS <a href="https://masto.ai/tags/stocks" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#stocks</a> extended already deep losses as traders focused on remarks from <a href="https://masto.ai/tags/FederalReserve" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#FederalReserve</a> Chair <a href="https://masto.ai/tags/JeromePowell" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#JeromePowell</a> amid global economic turmoil caused by <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Trump</a>’s sweeping <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#tariffs</a>.The S&P 500 was last down 4.3%, while the Nasdaq was down by about the same amount.<a href="https://masto.ai/tags/Oil" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Oil</a> plunged to its lowest level since 2021 & commodities including <a href="https://masto.ai/tags/NaturalGas" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#NaturalGas</a> & <a href="https://masto.ai/tags/soybeans" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#soybeans</a> also dived as <a href="https://masto.ai/tags/China" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#China</a> retaliated against <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Trump</a>'s aggressive tariffs.<a href="https://masto.ai/tags/ETTTTS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#ETTTTS</a> <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#economy</a> <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#inflation</a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#recession</a> <a href="https://masto.ai/tags/geopolitics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#geopolitics</a> <a href="https://masto.ai/tags/USpol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#USpol</a>

Nonilex"We've taken a step back & we're watching to see what the policies turn out to be & the ways in which they will affect the <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#economy</a>. Then we'll be able to act. Fortunately, our policy stance is in a good place for us to do that." thanks to <a href="https://masto.ai/tags/Biden" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Biden</a> / <a href="https://masto.ai/tags/Bidenomics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Bidenomics</a>]<a href="https://masto.ai/tags/TheFed" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#TheFed</a>, he added is in the same place as everyone else, awaiting clarity on policies. [again, cuz shit is crazy]<a href="https://masto.ai/tags/ETTTTS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#ETTTTS</a> <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Trump</a> <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#tariffs</a> <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#inflation</a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#recession</a> <a href="https://masto.ai/tags/geopolitics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#geopolitics</a> <a href="https://masto.ai/tags/USpol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#USpol</a>

Nonilex<a href="https://masto.ai/tags/JeromePowell" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#JeromePowell</a> signaled that <a href="https://masto.ai/tags/TheFed" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#TheFed</a> would not be making any hasty decisions on <a href="https://masto.ai/tags/InterestRates" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#InterestRates</a>."It's a good time to take a step back & let things clarify. That's why it's just too soon to say what the appropriate monetary policy response will be to these new policies. It is just too soon to say. We can't say with any confidence today." [cuz shit is crazy]<a href="https://masto.ai/tags/ETTTTS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#ETTTTS</a> <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Trump</a> <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#economy</a> <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#tariffs</a> <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#inflation</a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#recession</a> <a href="https://masto.ai/tags/geopolitics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#geopolitics</a> <a href="https://masto.ai/tags/USpol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#USpol</a>

Nonilex<a href="https://masto.ai/tags/JeromePowell" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#JeromePowell</a> says <a href="https://masto.ai/tags/TheFed" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#TheFed</a> does not forecast <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#recession</a> probability."We don't actually, we don't make a probability forecast of how likely it is for there to be a recession, but many outside forecasters do, & many of them have raised the likelihood, …there's not much more I can say about that."Powell stressed that he did not want to be part of a political discussion about <a href="https://masto.ai/tags/policy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#policy</a>.The Fed is not responsible for <a href="https://masto.ai/tags/trade" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#trade</a>, <a href="https://masto.ai/tags/immigration" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#immigration</a>, fiscal or other policies.<a href="https://masto.ai/tags/ETTTTS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#ETTTTS</a> <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#tariffs</a> <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Trump</a>

NonilexQ & A:<a href="https://masto.ai/tags/FederalReserve" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#FederalReserve</a> chair <a href="https://masto.ai/tags/JeromePowell" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#JeromePowell</a> was asked about recent <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Trump</a> comments on the <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#economy</a>. He said he would not comment.He also said:<a href="https://masto.ai/tags/Unhappiness" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Unhappiness</a> with economy seems rooted in <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#inflation</a> persisting.<a href="https://masto.ai/tags/Prices" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Prices</a> aren’t going down, people know they are paying more & are right not to be happy about it.<a href="https://masto.ai/tags/ETTTTS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#ETTTTS</a> <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#tariffs</a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#recession</a> <a href="https://masto.ai/tags/geopolitics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#geopolitics</a> <a href="https://masto.ai/tags/USpol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#USpol</a>

William Lindsey :toad:"The sweeping package of tariffs unveiled by Donald Trump on Wednesday includes an exemption for the energy sector, which is a clear sign of the president’s fealty to his big oil donors over the American people, advocates say."~ Dharna Noor<a href="https://toad.social/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Trump</a> <a href="https://toad.social/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#tariffs</a> <a href="https://toad.social/tags/StockMarket" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#StockMarket</a> <a href="https://toad.social/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#economy</a> <a href="https://toad.social/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#recession</a> <a href="https://toad.social/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#inflation</a> <a href="https://toad.social/tags/stupidity" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#stupidity</a> <a href="https://toad.social/tags/incompetence" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#incompetence</a> <a href="https://toad.social/tags/destruction" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#destruction</a> <a href="https://toad.social/tags/BigOil" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#BigOil</a> <a href="https://toad.social/tags/OilandGas" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#OilandGas</a> <a href="https://toad.social/tags/oligarchy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#oligarchy</a> <a href="https://toad.social/tags/billionaires" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#billionaires</a> /20<a href="https://www.theguardian.com/us-news/2025/apr/04/trump-exempts-big-oil-donors-from-tariffs" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.theguardian.com/us-news/2025/apr/04/trump-exempts-big-oil-donors-from-tariffs</a>

Nonilex"The new administration is in the process of implementing substantial policy changes in four distinct areas <a href="https://masto.ai/tags/trade" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#trade</a>, <a href="https://masto.ai/tags/immigration" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#immigration</a>, fiscal policy & regulation [<a href="https://masto.ai/tags/deregulation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#deregulation</a>]," <a href="https://masto.ai/tags/FederalReserve" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#FederalReserve</a> chair <a href="https://masto.ai/tags/JeromePowell" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#JeromePowell</a> said."Our monetary policy stance is well positioned to deal with the risks & uncertainties we face as we gain a better understanding of the policy changes & their likely [adverse] effects on the <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#economy</a>. It is not our role to comment on those policies."<a href="https://masto.ai/tags/ETTTTS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#ETTTTS</a> <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#tariffs</a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#recession</a>

Nonilex"Looking ahead, higher <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#tariffs</a> will be working their way through our <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#economy</a> & are likely to raise <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#inflation</a> in coming quarters," <a href="https://masto.ai/tags/JeromePowell" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#JeromePowell</a> said."While <a href="https://masto.ai/tags/uncertainty" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#uncertainty</a> remains elevated, it is now becoming clear that tariff increases will be significantly larger than expected, & the same is likely to be true of the economic effects, which will include higher inflation & slower growth."US <a href="https://masto.ai/tags/Stock" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Stock</a> indexes extend losses after <a href="https://masto.ai/tags/FederalReserve" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#FederalReserve</a> chair Powell remarks were released.<a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#recession</a>

William Lindsey :toad:As Edward Helmore reports, New York shopkeepers featuring imported goods are announcing that they will have to hike prices "astronomically" due to Trump's "liberation" tariffs.Jennifer Pulidore of Myers of Keswick, a shop selling British groceries, says, 'The price of chocolate has gone up astronomically.'"<a href="https://toad.social/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Trump</a> <a href="https://toad.social/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#tariffs</a> <a href="https://toad.social/tags/StockMarket" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#StockMarket</a> <a href="https://toad.social/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#economy</a> <a href="https://toad.social/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#recession</a> <a href="https://toad.social/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#inflation</a> <a href="https://toad.social/tags/stupidity" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#stupidity</a> <a href="https://toad.social/tags/incompetence" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#incompetence</a> <a href="https://toad.social/tags/destruction" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#destruction</a> /19<a href="https://www.theguardian.com/us-news/2025/apr/04/trump-tariffs-small-business-nyc-prices" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.theguardian.com/us-news/2025/apr/04/trump-tariffs-small-business-nyc-prices</a>

Nonilex<a href="https://masto.ai/tags/FederalReserve" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#FederalReserve</a> Chair <a href="https://masto.ai/tags/JeromePowell" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#JeromePowell</a> is speakingSays <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Trump</a> <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#tariffs</a> were far higher than expected & that larger than expected tariffs mean higher <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#inflation</a>, slower growth."We face a highly uncertain outlook with elevated risks of both higher <a href="https://masto.ai/tags/unemployment" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#unemployment</a> & higher inflation," undermining both of the <a href="https://masto.ai/tags/Fed" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Fed</a>'s mandates of 2% inflation & maximum employment, Powell said in prepared remarks for a business journalists' conference.<a href="https://masto.ai/tags/ETTTTS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#ETTTTS</a> <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#economy</a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#recession</a> <a href="https://masto.ai/tags/geopolitics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#geopolitics</a> <a href="https://masto.ai/tags/USpol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#USpol</a>

William Lindsey :toad:"The Chinese Ministry of Finance, calling @POTUS new tariffs on Chinese imports a 'typical act of unilateral bullying,' responds overnight with a 34% tariff on all goods imported from America. And so the President's trade war escalates."~ Garrett Haake quoted by Greg Dworkin<a href="https://toad.social/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Trump</a> <a href="https://toad.social/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#tariffs</a> <a href="https://toad.social/tags/StockMarket" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#StockMarket</a> <a href="https://toad.social/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#economy</a> <a href="https://toad.social/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#recession</a> <a href="https://toad.social/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#inflation</a> <a href="https://toad.social/tags/stupidity" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#stupidity</a> <a href="https://toad.social/tags/incompetence" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#incompetence</a> <a href="https://toad.social/tags/destruction" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#destruction</a> /18<a href="https://www.dailykos.com/stories/2025/4/4/2314347/-Abbreviated-Pundit-Roundup-Trump-deliberately-tanks-the-economy-as-Republicans-sit-back-do-nothing" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.dailykos.com/stories/2025/4/4/2314347/-Abbreviated-Pundit-Roundup-Trump-deliberately-tanks-the-economy-as-Republicans-sit-back-do-nothing</a>

William Lindsey :toad:"The US dollar experienced its largest single-day decline on record, dropping by 2.1% against major currencies."~ CNBC<a href="https://toad.social/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Trump</a> <a href="https://toad.social/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#tariffs</a> <a href="https://toad.social/tags/StockMarket" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#StockMarket</a> <a href="https://toad.social/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#economy</a> <a href="https://toad.social/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#recession</a> <a href="https://toad.social/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#inflation</a> <a href="https://toad.social/tags/stupidity" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#stupidity</a> <a href="https://toad.social/tags/incompetence" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#incompetence</a> <a href="https://toad.social/tags/destruction" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#destruction</a> /17<a href="https://www.cnbctv18.com/world/us-markets-live-today-dow-jones-djia-nasdaq-futures-trump-liberation-day-tariffs-liveblog-19583858.htm" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.cnbctv18.com/world/us-markets-live-today-dow-jones-djia-nasdaq-futures-trump-liberation-day-tariffs-liveblog-19583858.htm</a>

NonilexAcc/to Olu Sonola, an economist at Fitch Ratings, the average <a href="https://masto.ai/tags/US" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#US</a> <a href="https://masto.ai/tags/tariff" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#tariff</a> rate on all imports will be ~22%, a rate last seen around 1910 [you, know what led up to the <a href="https://masto.ai/tags/GreatDepression" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#GreatDepression</a>]. “This is a game changer, not only for the US economy but for the global <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#economy</a>,” Sonola said in a statement. “Many countries will likely end up in a <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#recession</a>.”<a href="https://masto.ai/tags/ETTTTS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#ETTTTS</a> <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Trump</a> <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#tariffs</a> <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#inflation</a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#recession</a> <a href="https://masto.ai/tags/RevengePolitics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#RevengePolitics</a> <a href="https://masto.ai/tags/PerceivedEnemies" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#PerceivedEnemies</a> <a href="https://masto.ai/tags/geopolitics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#geopolitics</a> <a href="https://masto.ai/tags/USpol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#USpol</a>

Nonilex…The levies <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Trump</a> announced on Wed are separate from the ones he has already imposed on <a href="https://masto.ai/tags/steel" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#steel</a>, <a href="https://masto.ai/tags/aluminum" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#aluminum</a>, & foreign-made <a href="https://masto.ai/tags/cars" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#cars</a> & parts. Taken as a whole, his tariffs represent a dramatic expansion from the more narrowly targeted duties he imposed in his first term—some of which the Biden Admin retained—& a final nail in the coffin for the open <a href="https://masto.ai/tags/trading" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#trading</a> environment that reigned before 2016.<a href="https://masto.ai/tags/ETTTTS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#ETTTTS</a> <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#economy</a> <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#inflation</a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#recession</a> <a href="https://masto.ai/tags/RevengePolitics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#RevengePolitics</a> <a href="https://masto.ai/tags/PerceivedEnemies" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#PerceivedEnemies</a> <a href="https://masto.ai/tags/geopolitics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#geopolitics</a> <a href="https://masto.ai/tags/USpol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#USpol</a>

NonilexAfter delivering a potted <a href="https://masto.ai/tags/economic" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#economic</a> history of the country in which he bizarrely claimed that the <a href="https://masto.ai/tags/GreatDepression" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#GreatDepression</a> would have been avoided if high tariffs had been in place, <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Trump</a> announced that “reciprocal tariffs” would go into effect on April 9th, w/rates of 34% on goods imported from <a href="https://masto.ai/tags/China" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#China</a>, 24% on <a href="https://masto.ai/tags/Japan" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Japan</a>, & 20% on the <a href="https://masto.ai/tags/EU" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#EU</a>. Some of the highest rates were reserved for export-led developing countries in <a href="https://masto.ai/tags/Asia" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Asia</a>: 46% on <a href="https://masto.ai/tags/Vietnam" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Vietnam</a>, 48% on <a href="https://masto.ai/tags/Laos" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Laos</a>, & 49% on <a href="https://masto.ai/tags/Cambodia" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Cambodia</a>. <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#economy</a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#recession</a> <a href="https://masto.ai/tags/geopolitics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#geopolitics</a>

NonilexAfter weeks of nervous anticipation in the <a href="https://masto.ai/tags/financial" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#financial</a> <a href="https://masto.ai/tags/markets" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#markets</a> & in the capitals of America’s <a href="https://masto.ai/tags/trading" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#trading</a> partners, <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Trump</a>’s “Liberation Day” <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#tariffs</a> have arrived, &, even by his standards, they are shockingly high & wide-ranging. “For decades our country has been looted, pillaged, raped, & plundered by nations near & far,” Trump said on Wed to a crowd at the WH that included members of <a href="https://masto.ai/tags/UAW" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#UAW</a>, & also elected <a href="https://masto.ai/tags/Republicans" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Republicans</a>.<a href="https://masto.ai/tags/ETTTTS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#ETTTTS</a> <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#inflation</a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#recession</a> <a href="https://masto.ai/tags/RevengePolitics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#RevengePolitics</a> <a href="https://masto.ai/tags/geopolitics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#geopolitics</a> <a href="https://masto.ai/tags/USpol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#USpol</a>

William Lindsey :toad:"Experts said Trump’s sweeping border taxes of between 10% and 50% on the US’s traditional allies and enemies alike had dramatically added to the risk of a steep global downturn and a recession in the world’s biggest economy."<a href="https://toad.social/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Trump</a> <a href="https://toad.social/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#tariffs</a> <a href="https://toad.social/tags/StockMarket" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#StockMarket</a> <a href="https://toad.social/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#economy</a> <a href="https://toad.social/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#recession</a> <a href="https://toad.social/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#inflation</a> <a href="https://toad.social/tags/stupidity" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#stupidity</a> <a href="https://toad.social/tags/incompetence" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#incompetence</a> <a href="https://toad.social/tags/destruction" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#destruction</a> /16

William Lindsey :toad:"As world leaders reacted to the US president’s 'liberation day' tariff policies demolishing the international trading order, about $2.5tn (£1.9tn) was wiped off Wall Street and share prices in other financial centres across the globe."~ Richard Partington <a href="https://toad.social/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Trump</a> <a href="https://toad.social/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#tariffs</a> <a href="https://toad.social/tags/StockMarket" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#StockMarket</a> <a href="https://toad.social/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#economy</a> <a href="https://toad.social/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#recession</a> <a href="https://toad.social/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#inflation</a> <a href="https://toad.social/tags/stupidity" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#stupidity</a> <a href="https://toad.social/tags/incompetence" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#incompetence</a> <a href="https://toad.social/tags/destruction" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#destruction</a> /15<a href="https://www.theguardian.com/business/2025/apr/03/global-markets-turmoil-trump-tariffs-wall-street-downturn" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.theguardian.com/business/2025/apr/03/global-markets-turmoil-trump-tariffs-wall-street-downturn</a>

William Lindsey :toad:"The pure insanity of Trump’s tariffs is best (ahem) personified by his inclusion of Heard and McDonald Islands, which are inhabited largely by penguins."~ Marcy Wheeler<a href="https://toad.social/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Trump</a> <a href="https://toad.social/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#tariffs</a> <a href="https://toad.social/tags/StockMarket" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#StockMarket</a> <a href="https://toad.social/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#economy</a> <a href="https://toad.social/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#recession</a> <a href="https://toad.social/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#inflation</a> <a href="https://toad.social/tags/stupidity" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#stupidity</a> <a href="https://toad.social/tags/incompetence" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#incompetence</a> <a href="https://toad.social/tags/destruction" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#destruction</a> /14<a href="https://www.emptywheel.net/2025/04/04/magats-confess-they-cannot-compete-with-penguins-on-level-playing-glacier/" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.emptywheel.net/2025/04/04/magats-confess-they-cannot-compete-with-penguins-on-level-playing-glacier/</a>

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