this post was submitted on 23 Apr 2025

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772

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

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

213 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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[–] Zero22xx@lemmy.blahaj.zone 92 points 6 days 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?

[–] pulsewidth@lemmy.world 31 points 6 days 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 18 points 6 days ago* (last edited 6 days 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.

[–] yarr@feddit.nl 11 points 6 days ago* (last edited 6 days ago) (4 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...)

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[–] flynnguy@programming.dev 11 points 6 days ago (4 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. :(

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[–] prole@lemmy.blahaj.zone 25 points 6 days ago (2 children)

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

[–] Soup@lemmy.world 8 points 6 days 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.

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[–] WildPalmTree@lemmy.world 15 points 6 days ago (3 children)

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

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[–] Ledericas@lemm.ee 4 points 5 days ago

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

[–] chiliedogg@lemmy.world 56 points 6 days 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 19 points 6 days 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 19 points 6 days ago (3 children)

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

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[–] barneypiccolo@lemm.ee 27 points 5 days 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 9 points 5 days ago (1 children)

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

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[–] deltapi@lemmy.world 6 points 5 days ago (3 children)

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

[–] Jyek@sh.itjust.works 8 points 5 days ago

Up like a rocket; down like a feather.

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[–] SabinStargem@lemmy.today 42 points 6 days 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 21 points 6 days ago (2 children)

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

[–] madjo@feddit.nl 15 points 6 days ago* (last edited 6 days ago) (1 children)

trump for piñata 2026!

[–] Asfalttikyntaja@sopuli.xyz 11 points 6 days ago

Why wait so long?

[–] chiliedogg@lemmy.world 10 points 6 days ago (1 children)

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

[–] futatorius@lemm.ee 6 points 5 days ago

The Portuguese got rid of their fascist junta without waiting for them all to die off, or having to kill them all.

[–] ikidd@lemmy.world 19 points 6 days 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.

[–] Cordyceps@sopuli.xyz 13 points 5 days 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.

[–] Ledericas@lemm.ee 7 points 5 days ago (1 children)

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

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[–] Ledericas@lemm.ee 18 points 6 days ago (3 children)

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

[–] futatorius@lemm.ee 13 points 6 days 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.

[–] Soup@lemmy.world 9 points 6 days ago (3 children)

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.

[–] AA5B@lemmy.world 5 points 5 days ago

Another method of control: exceptions to whoever has the biggest bribes, personal favors and enrichment. Tariffs for everyone else

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[–] TankovayaDiviziya@lemmy.world 10 points 6 days ago (1 children)

He's been obsessed with it since the 1980s.

[–] Ledericas@lemm.ee 14 points 6 days ago

yea i know, and conveniently thats around the time the soviet union starting working with him, laundering money through his real estate.

[–] Lushed_Lungfish@lemmy.ca 5 points 5 days ago (5 children)

I'm already buying Canadian, I don't think I'm going back in the foreseeable future.

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