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.

    • SabinStargem@lemmy.today
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      5 hours ago

      One way or another, the cult will murder people just because, and will continue to do so until the cult is extinguished. It is better to hasten that by being willing to oppose the regime. Many people are being trafficked by ICE.