Economy

[More Lies]”JPMorgan CEO Jamie Dimon says Trump tariffs will boost inflation, slow an already weakening U.S. economy”

“JPMorgan Chase CEO Jamie Dimon said tariffs announced by President Donald Trump will likely boost prices on both domestic and imported goods, weighing down a U.S. economy that had already been slowing. Dimon addressed the tariff policy in his annual… Continue Reading…

Economy

Nancy Pelosi Talks About Reciprocal Tariffs [1996]

So tariffs were good then but they are bad now? What happened? This is just more proof that congress is full of liars. Remember folks, President Trump used to be a Democrat. Most of his policies have not changed. The… Continue Reading…

Economy

The Jobs are coming. Are Tariffs To Blame For This Too?

“Fewer Americans file for jobless benefits last week as labor market continues to show strength Jobless claim filings fell by 6,000 to 219,000 for the week ending March 29, the Labor Department said Thursday. That’s less than the 226,000 new… Continue Reading…

Economy

“Trump administration puts 25% tariff on all canned beer imports, empty aluminum cans”

“The Trump administration has expanded its tariffs on aluminum to include canned beer imports and empty aluminum cans. President Donald Trump is expected to announce sweeping new levies on imported goods at a Rose Garden event Wednesday. Industry analysts expect… Continue Reading…

Economy

“Trump will ‘buckle under pressure’ if Europe bands together over tariffs, German economy minister says”

““That is what I see, that Donald Trump will buckle under pressure, that he corrects his announcements under pressure,” German economy minister Robert Habeck said Thursday. Elsewhere, outgoing German Chancellor Olaf Scholz said he believed the latest tariff decisions by… Continue Reading…

Economy

[Maximum Fear Mongering] “Trump’s tariffs — if sustained — likely to push the U.S. and globe into recession, says JPMorgan”

https://www.cnbc.com/2025/04/03/trumps-tariffs-if-sustained-likely-to-push-the-us-and-globe-into-recession-says-jpmorgan.html Article behind paywall. Notice the headline “likely”. That’s the key word here. It’s also possible to avoid recession. Legacy media is trying to act like tariffs are the most horrible thing ever. If tariffs are so bad why does… Continue Reading…

Stocks

[Fear Mongering Begins] “Dow craters 800 points, S&P 500 heads for worst drop in 2 years after Trump’s tariff rollout…”

“…The S&P 500 dropped 3.4%, putting it on track for tis worst day since September 2022. The Dow Jones Industrial Average tumbled 814 points, or more than 4%. The Nasdaq Composite slid 3%. Shares of multinational companies tumbled. Nike and Apple dropped 11% and 8%, respectively. Big sellers of imported… Continue Reading…

Business

“Tesla’s sales plummet 13 percent as Musk backlash grows”

“…It was Tesla’s worst production and delivery report in three years. Analysts had expected Tesla to report deliveries in the quarter of 377,592 vehicles, down from 386,810 vehicles a year ago, according to a consensus of 27 analyst estimates compiled by Tesla.… Continue Reading…

Economy

“First-quarter GDP growth will be just 0.3%… says CNBC survey”

“…The Rapid Update, averaging forecasts from 14 economists for GDP and inflation, sees first quarter growth registering an anemic 0.3% compared with the 2.3% reported in the fourth quarter of 2024. It would be the weakest growth since 2022 as… Continue Reading…