If you have ever dabbled in electronics, you probably have heard of the massive parts seller, Digikey. Now they're an example of how Trump's tariffs endanger American companies and American jobs.
https://www.npr.org/2025/04/24/nx-s1-5332209/digikey-tariff-small-minnesota-town-big-company?utm_source=flipboard&utm_medium=activitypub
#electronics #makers #digikey #tarrifs #economy
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259 posts144 participants5 posts today
Global central bankers are facing an unpredictable period where the U.S. Federal Reserve's monetary policy decisions are being pulled in conflicting directions and the institution's independence could be at risk. https://www.japantimes.co.jp/business/2025/04/24/economy/fed-crossroads-global-risks/?utm_medium=Social&utm_source=mastodon #business #economy #jeromepowell #donaldtrump #banks #globaleconomy
The Japan Times · Federal Reserve at a policy, political crossroads poses global risks
U.S. President Donald Trump played up prospects of a "fair deal" on trade with China, but his top officials offered few details of how Washington might de-escalate its damaging tariff war with Beijing. https://www.japantimes.co.jp/business/2025/04/24/economy/trump-china-deal-pathway-unclear/?utm_medium=Social&utm_source=mastodon #business #economy #uschina #trade #tariffs #uschinarelations
The Japan Times · Trump seeks 'fair deal' with China but pathway unclear
The Bank of Japan should be flexible and data-dependent in proceeding with any further interest-rate hikes as U.S. tariffs weigh on the economy and add to uncertainty, the International Monetary Fund urged. https://www.japantimes.co.jp/business/2025/04/24/economy/imf-urge-boj-flexibility/?utm_medium=Social&utm_source=mastodon #business #economy #imf #boj #jgb #japaneseeconomy #us #tariffs #carmakers
The Japan Times · IMF urges BOJ flexibility on rates as tariffs dent outlook
Mack Trucks announces layoffs at Lehigh Valley plant, blames tariffs #recession #layoffs #unemployment #economy #uspol #uspolitics #tariffs
B.C. invests $11 million on value-added lumber manufacturing amid U.S. uncertainty
The British Columbia government is investing up to $11 million toward four projects in the province aimed at boosting the local mass-timber manufacturing sector.
#economy #politics #manufacturing #investment #BritishColumbia #US
https://www.cbc.ca/news/canada/british-columbia/b-c-invests-millions-in-value-added-lumber-1.7516617?cmp=rss
Archaeoethnologica: Numbers, Measures & Exchange in Prehistory - Book / Números, Medidas e intercâmbio na Pré-história - Livro
+INFO in: https://archaeoethnologica.blogspot.com/2025/03/numeros-medidas-e-intercambio-na-pre.html
"China’s Growth Leaves Trump’s MAGA USA in the Dust":
https://cepr.net/publications/chinas-growth-leaves-usa-in-the-dust/
#economy #Trump #mismanagement #politics
CEPRChina’s Growth Leaves Trump’s MAGA USA in the DustThe IMF projects that China will add almost $5.1 trillion to its GDP between 2024 and 2026. The United States, meanwhile, is projected to add just over $2.5 trillion.
Continued thread
"Tesla’s stock has undergone a withering sell-off, and the CNBC All-America Economic survey finds more than 47% of the public have a negative view of the company. Another 27% are positive on the electric vehicle maker, while 24% are neutral."
~ Steve Liesman
#Musk #Tesla #Trump #economy #StockMarkets #tariffs #Dow #recession #WallStreet
/15
CNBCAbout half of Americans have a negative view on Tesla and Elon Musk, CNBC survey findsThe broad public and investors have something in common these days: They don't have a lot of love for either Tesla or CEO Elon Musk.
Continued thread
"I want to suggest today that what we are seeing on Wall Street and in markets around the world is the sudden realization that the president is mentally unstable – that he has dementia, probably – and as a result of that realization, investors no longer have any faith in Donald Trump."
~ John Stoehr
#Musk #Tesla #Trump #economy #StockMarkets #tariffs #Dow #recession #WallStreet
/14
https://www.alternet.org/alternet-exclusives/trump-wall-street/
Alternet.org · Wall Street seems to have decided that Trump is mentally unstable
Brian Allen: "After nuking the markets, choking global supply chains, and gutting consumer confidence, Trump now says he’s done playing hardball with China and tariffs are coming down. All that economic carnage, just to fold like a cheap tie."
#Trump #incompetence #politics #economy
https://www.europesays.com/uk/44886/ Bessent says IMF and World Bank need reform, says there’s an ‘opportunity for a big deal’ with China #Business #China #DonaldTrump #Economy #GlobalLeadershipRole #InternationalMonetaryFund #ScottBessent #UK #UnitedKingdom #WorldBank
This kind of #infantile #behavior requiring constant #parenting and #redirection is BAD for the #nation. #GOP and #Congress, do your job; #impeach and #convict this #felon now before utter #destruction.
#USPolitics #government #USPol #activism #resist #economy #saveUSA #SaveTheRepublic #tantrum
https://www.cnn.com/2025/04/23/business/stock-market-dow-jerome-powell-fed-trump/index.html
Replied in thread
Trump cannot drive. The images of Trump in a Truck liking like a child are real and telling.
Trump cannot drive. He never learned.
Trump has crashed the economy. He pretended in self deluded arrogance that he could drive rhe economic war tank. And drove off the cliff.
All of Trumps arrogant lies are lies. Some just lies, Luke knowing what he's doing, some are evil lies, like bigotry and prejudice.
He is a self deluded fool, as arrogant as god.
87% of global trade has nothing to do with the US.
Just think about that for a moment.
Then think again about Trump’s tariffs, China & Europe.
https://www.europesays.com/2020498/ Stocks are down, bond yields are up, and the value of US dollar is plummeting. There could not be a worse combo for the US economy. #Economy
New: NY is suing the Trump Admin over the tariffs the president has rolled out in recent weeks and months, joining a suit with 11 other states who contend Congress
didn’t say Trump could use import taxes like this.
https://www.europesays.com/2020398/ Lithuania allocate additional 187.7 million euros from budget for purchase of weapons #analytics #Azerbaijan #AzerNews #Baku #BreakingNews #BusinessNews #CompanyNews #Economy #FinancialNews #Lietuva #lithuania #naujienos #OilAndGasNews #Politics #SOCAR #Turkey #WorldNews
