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#tariffs

316 posts202 participants8 posts today

abc.net.au/news/2025-04-02/gov

'Ahead of tomorrow's announcement, the Trump administration expanded its list of grievances against Australia suggesting the Pharmaceutical Benefits Scheme, the News Media Bargaining Code and biosecurity rules amount to non-tariff trade barriers for American companies.'

ABC News · Labor prepares to challenge Trump administration at World Trade Organization over tariffsBy Jane Norman

#Trump to escalate global #trade tensions with new reciprocal #tariffs on US trading partners

Trump is poised to impose sweeping new reciprocal tariffs on global trading partners on Wednesday, upending decades of rules-based trade, threatening cost increases & likely drawing retaliation from all sides.

#economy #inflation #Trumpcession #recession #geopolitics #USpol
reuters.com/world/us/trump-esc

#Alberta - Premier Smith expects key industries to escape fresh U.S. tariffs

> Premier #DanielleSmith says she expects some major industries, including those in her province, won’t face new #tariffs from U.S. President #DonaldTrump

> Smith says things could change, but she thinks food production and oil and gas won’t be targeted under Trump’s new #tariff plan, which is set to be announced Wednesday rdnewsnow.com/2025/04/01/premi #ABpoli #CDNpoli #Canada

Continued thread

"Trump’s 'Liberation Day' tariffs are as extreme as it gets. Donald Trump is considering tariffs so high there would be a shock to the entire global economy. …

Republicans are openly admitting that things will be worse, while claiming that there will eventually be a payoff."{

~ Hafiz Rashid

#Trump #economy #tariffs #recession #inflation #stagflation #LiberationDay
/7

newrepublic.com/post/193440/tr

The New Republic · Trump’s “Liberation Day” Tariffs Are as Extreme as It GetsDonald Trump is considering tariffs so high there would be a shock to the entire global economy.
Continued thread

Ron Filipkowski reports that sources in the White House say that "Trump loves the chaos his tariffs are causing: He 'likes the shock and awe. Each country needs to panic and call. Trump wants to hear you grovel and say you’ll cut a deal. Some will cut a deal before and some just won’t get it and will get pounded. And then we’ll see how fast they start dealing.'”

#Trump #economy #tariffs #recession #inflation #stagflation #LiberationDay
/6

meidasplus.com/p/today-in-poli

Meidas+ · Today in Politics, Bulletin 103. 4/1/25By Ron Filipkowski

Trump urges Republican senators to keep Canadian tariffs in place

> President #DonaldTrump on Tuesday called on the Senate to keep the United States' tariffs on #Canada in place -- hours before Democrats in the upper chamber could potentially force a vote aimed at blocking the president from imposing #tariffs on the ally country.

> The resolution being put forward by lawmakers on Tuesday aims to end the international emergency that Trump has declared...
abcnews.go.com/Politics/trump- #CDNpoli

ABC News · Trump urges Republican senators to keep Canadian tariffs in placeBy Allison Pecorin

America's crypto bro in chief / top used car salesman is so unpopular at the White House right now he's been forbidden from making public appearances ever since his infamous "only fraudsters would complain if we turned off their social security checks" comments.

> "By contrast, #HowardLutnick is 'a new voice at the table pushing crazy shit,' in the words of the person familiar with the situation. 'I don’t know anyone that isn’t pissed off at him.'"

politico.com/news/2025/04/01/t