this post was submitted on 23 Apr 2025
778 points (98.3% liked)

News

28982 readers
5572 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 2 years ago
MODERATORS
 

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.

top 50 comments
sorted by: hot top controversial new old
[–] barneypiccolo@lemm.ee 27 points 1 day 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 1 day 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

[–] RedditIsDeddit@lemmy.world 2 points 1 day ago

it's on the news every single fucking day

[–] deltapi@lemmy.world 6 points 1 day ago (3 children)

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

[–] Jyek@sh.itjust.works 8 points 1 day ago

Up like a rocket; down like a feather.

load more comments (2 replies)
[–] Lushed_Lungfish@lemmy.ca 6 points 1 day ago (4 children)

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

load more comments (4 replies)
[–] chiliedogg@lemmy.world 56 points 2 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 2 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 2 days ago (3 children)

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

load more comments (3 replies)
load more comments (2 replies)
[–] Zero22xx@lemmy.blahaj.zone 92 points 2 days ago (7 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 2 days ago (6 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 2 days ago* (last edited 2 days ago) (6 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.

load more comments (6 replies)
load more comments (5 replies)
[–] Ledericas@lemm.ee 4 points 1 day ago

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

[–] prole@lemmy.blahaj.zone 25 points 2 days ago (3 children)

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

load more comments (3 replies)
load more comments (4 replies)
[–] ikidd@lemmy.world 19 points 1 day 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 1 day 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 1 day ago (1 children)

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

[–] KMAMURI@lemmy.world 2 points 1 day ago

Northern Americans are already feeling the crunch from Canadians not showing up and cancelling trips. Makes the news here on the regular.

[–] SabinStargem@lemmy.today 42 points 2 days ago (5 children)

Until Trump and Yarvin are hanging by their ankles, I won't believe that the United States will get better.

load more comments (5 replies)
[–] flop_leash_973@lemmy.world 140 points 2 days ago* (last edited 2 days ago) (15 children)

Nothing says "I am the master of making a deal" like having to back off of nearly all of them every time anyone calls your bluff.

I'll never see how so many think Trump is one of the smartest people in any room.

He's a slumlord, just like his father. It is just unfortunate that the entire country will be his shitty government housing block by the time he gets done with it.

load more comments (15 replies)
load more comments
view more: next ›