RockBottom

geteilt von: https://europe.pub/post/159443

cross-posted from: https://lemmy.world/post/27935573

Summary

Home Depot co-founder and GOP megadonor Ken Langone blasted Trump’s sweeping tariffs as “bulls--t,” calling the 10% across-the-board rate and country-specific hikes—like 34% on China and 46% on Vietnam—“too aggressive” and poorly calculated.

Langone criticized the administration’s formula, based on trade deficits, as nonsensical.

Other prominent figures, including economists and billionaires like Stanley Druckenmiller, Bill Ackman, and Elon Musk, have also spoken out.

Critics warn the tariffs hinder negotiation and lack sound economic grounding. Langone said Trump is being “poorly advised” on trade policy.

cross-posted from: https://discuss.tchncs.de/post/33936586

cross-posted from: https://feddit.org/post/10436441

geteilt von: https://lemmy.world/post/27899430

cross-posted from: https://lemmy.world/post/27899425

Just some North Korea shit, nothing to see here. Move along.

geteilt von: https://lemmy.world/post/27804684

It ain't much, but the idea was causing a traffic jam in my head so I had to get it out here on the information transit grid.

Alt text for accessibility

A series of crudely made car stickers saying:

GET ME OFF THE ROAD

Support public transit :3

I know my driving sucks

We need more buses so I don't have to

THIS CAR WOULDN'T BE CAUSING TRAFFIC

IF WE HAD BETTER PUBLIC TRANSIT

cross-posted from: https://fedia.io/m/[email protected]/t/2006492

Fox News appears to have removed their DOW ticker in a pattern for the company, choosing to block out the steep drop in DOW points after Trump's tariff announcement

cross-posted from: https://feddit.uk/post/26864906

Britain must allow US chlorine-washed chicken into UK markets if it wants relief from sweeping tariffs, Donald Trump has indicated.

It comes after the UK failed to avoid tariffs imposed on the global economy, with the US president slapping a 10 per cent levies on all British exports to the United States.

...

In a statement published alongside the tariff announcement, the White House said: “The UK maintains non-science-based standards that severely restrict US exports of safe, high-quality beef and poultry products.”

It suggested that Britain’s ban on chlorinated chicken was among a range of “non-tariff barriers” that limit the US’s ability to trade.

The UK has long ruled out allowing imports of chlorine-washed chicken from the US due to health concerns, with Downing Street on Thursday reiterating its manifesto commitment to high food standards.

Asked whether the UK could allow imports of chlorine washed chicken in order to appease the US, the prime minister’s officials spokesperson said: “Our position on that is unchanged. You’ve got the manifesto commitment on food standards, which obviously remains.”

...

The last major polling done on the issue, conducted in 2020, revealed that 80 per cent of Britons are opposed to allowing imports to the UK, and the same proportion is also against allowing chicken products that have been farmed using hormones.

There is also growing pressure from the farming industry to rule out concessions on the issue, amid fears it could undercut British farmers and drive down food standards.

Nigel Farage admitted he would allow American chlorine-washed chicken to be sold in the UK as part of a free trade deal with the US.

cross-posted from: https://lemmy.bestiver.se/post/305232

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