Tag Archives: tariff

Style on Main: Target And Walmart Sound Alarm Over Retail ‘Collapse’ As Shelves Go Empty

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For years, “retail apocalypse” headlines have cried wolf. Many blamed Amazon, others warned of overbuilt malls, but most claims fizzled. What’s happening now is different. Target just slashed its 2025 outlook after a brutal quarter, projecting a “low-single digit decline” in annual sales. Walmart’s CEO Doug McMillon has gone straight to President Trump with warnings that store shelves may soon run dry. 

These aren’t fringe forecasts, they’re direct signals from America’s largest retailers. For the first time, retail’s titans are sounding the same alarm. The collapse isn’t theoretical anymore. Behind the aisles, a perfect storm of tariffs, supply chain chaos, and consumer panic is brewing.

Target And Walmart Sound Alarm Over Retail ‘Collapse’ As Shelves Go Empty
WWD Instagram For years, “retail apocalypse” headlines have cried wolf. Many blamed Amazon, others warned of overbuilt malls, but most claims fizzled. What’s happening now is different. Target just slashed its 2025 outlook after a
https://styleonmain.net/target-and-walmart-sound-alarm-over-retail-collapse-as-shelves-go-empty/

Alternet: Trump fiddles while America burns — What we’re left with is a child tyrant’s policies, putting our economic survival in jeopardy.

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Originally published April 07, 2025

After markets crashed globally in response to Trump’s tariffs, slipping into bear territory on Monday before wobbling up, down and back up again, the White House issued a tone deaf slapback about Trump’s golf game, saying, “[t]he President won his second round matchup of the Senior Club Championship today in Jupiter, FL, and advances to the Championship Round tomorrow.”

As Americans watch their retirement accounts drop, Trump has spent one-third of his 76 days back in office on the golf course, indicating he couldn’t care less. No one from his administration has faced critical questions about his “Liberation Day” strategy, and it appears Trump used ChatGPT to generate the whole thing.

…

The Wall Street Journal predicts that market values will likely continue to fall. Neither Navarro nor Trump seem to understand that factory owners can’t switch their locations overnight; investment strategies aren’t that nimble and take years to develop. They’re also tone deaf to the fact that foreign and domestic corporations need the rule of law to invest safely, and are repelled by Trump’s hatchet attacks on judges, lawfirms and the judiciary.

Financial markets, predictably, are reeling. Despite Trump’s false messaging that “tariffs are tax cuts,” everyone outside the MAGA bubble knows tariffs are a regressive tax paid by working-class Americans.

By all indicators, Trump has not considered any of the complexities needed to develop a strategic trade package, and says he “couldn’t care less” about the price of cars. Like a child with a singular focus on his playmate’s toy, Trump has been so fixated on 19th century tariffs and 19thcentury imperialism that rational policy discussions have stopped.

What we’re left with is a child tyrant’s policies, putting our economic survival in jeopardy.

Trump fiddles while America burns

https://www.alternet.org/alternet-exclusives/trump-golf-2671687324

India Today: So much for being Mr Nice Guy: Trump slams China for violating trade deal with US

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Trump claimed that by sealing a trade deal with Beijing in order to save China from what was going to be a very bad situation after he imposed unprecedented 145 per cent tariffs on imports from Asia’s largest economy.

In a post on his Truth Social platform, Trump wrote, “Two weeks ago China was in grave economic danger! The very high Tariffs I set made it virtually impossible for China to TRADE into the United States marketplace which is, by far, number one in the World. We went, in effect, COLD TURKEY with China, and it was devastating for them. Many factories closed and there was, to put it mildly, “civil unrest.” I saw what was happening and didn’t like it, for them, not for us. I made a FAST DEAL with China in order to save them from what I thought was going to be a very bad situation, and I didn’t want to see that happen. Because of this deal, everything quickly stabilized and China got back to business as usual. Everybody was happy! That is the good news!!! The bad news is that China, perhaps not surprisingly to some, HAS TOTALLY VIOLATED ITS AGREEMENT WITH US. So much for being Mr. NICE GUY!”

Executive summary: I was an *ssh*l*, but now I’m a good guy because I saved you from myself when I was being a really big *ssh*l*.

So much for being Mr Nice Guy: Trump claims China violated trade deal with US
Trump claimed that by sealing a trade deal with Beijing in order to save China from what was going to be a very bad situation after he imposed unprecedented 145 per cent tariffs on imports from Asia’s largest economy.

https://www.indiatoday.in/world/us-news/story/so-much-for-being-mr-nice-guy-us-president-donald-trump-claims-china-violated-trade-deal-with-us-2733300-2025-05-30

Daily Mail: China Mocks Trump With AI

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JD Vance is declared ‘the eyeliner man’ as furious China unleashes meme warfare on US

JD Vance declared ‘eyeliner man’ as China unleashes meme warfare on US
Chinese commentators across the political spectrum have found rare common ground in their meme-led criticism of the U.S. president and his deputy.

https://www.dailymail.co.uk/news/article-14646871/JD-Vance-eyeliner-man-Trump-dictator-China-meme-warfare.html

GB News: [F’]Elon Musk’s brother launches extraordinary public attack on Donald Trump

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It’s a dog-eat-dog world:

Elon Musk’s younger brother has launched an extraordinary public attack on Donald Trump after the President issued retaliatory tariffs on the world last week.

Kimbal Musk, 52 – a businessman and restaurateur – owns The Kitchen Restaurant Group and is a sitting board member of Tesla.

Now, Kimbal has hit out at Trump’s tariffs, deeming the retaliatory action a “structural, permanent tax on the American consumer”.

Taking his criticism one step further, he branded the Republican the “most high tax American President in generations”.

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“Through his tariff strategy, Trump has implemented a structural, permanent tax on the American consumer.

“Even if he is successful in bringing jobs on shore through the tariff tax, prices will remain high and the tax on consumption will remain the form of higher prices because we are simply not as good at making all things,” he added.

Elon Musk’s brother launches extraordinary public attack on Donald Trump
Elon Musk’s younger brother has launched an extraordinary public attack on Donald Trump after the President issued retaliatory tariffs on the world last week. Kimbal Musk, 52 – a businessman and restaurateur – owns The Kitchen Restaurant Group and is a sitting board member of Tesla. Now, Kimbal has hit out at Trump’s tariffs, deeming the retaliator…

https://www.msn.com/en-us/money/companies/elon-musk-s-brother-launches-extraordinary-public-attack-on-donald-trump/ar-AA1CxIPj

Fox News: Trump Says U.S. Doesn’t Need Canada After All

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So it was all just a bad dream?

Senility?

Dementia?

President Donald Trump appears to have had a change of heart about the United States taking over Canada, claiming that Americans “don’t need anything” from their northern neighbor.

Despite his repeated assertions that the sprawling, resource-rich country should become America’s 51st state, the president told reporters on Air Force One Sunday that the “golden age” is coming, sans Canada. “We have our own lumber and energy,” he said, referencing slated plans for levies on wood from north of the border. “We don’t need energy from Canada. We don’t need lumber from Canada. We don’t need anything from Canada. I believe this will be the golden age of America,” he added.

Last week, Trump spoke over the phone with the new Canadian prime minister, Mark Carney. Despite the ongoing trade war, the call was “very constructive,” Carney said. He added that Trump “respected Canada’s sovereignty” during the chat.

However, despite the apparent softening of hostilities, Trump launched the latest salvo in his trade war Wednesday, announcing a 25 percent tariff on auto imports beginning April 2.

Trump Says U.S. Doesn’t Need Canada After All
President Donald Trump appears to have had a change of heart about the United States taking over Canada, claiming that Americans “don’t need anything” from their northern neighbor. Despite his repeated assertions that the sprawling, resource-rich country should become America’s 51st state, the president told reporters on Air Force One Sunday that the “golden age” is coming, sans Canada. “We have our own lumber and energy,” he said, referencing…

Trump Says U.S. Doesn’t Need Canada After All

Daily Mail: White House officials are quietly freaking out about Trump upcoming ‘Liberation Day’ tariff announcement

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The mood inside the White House is verging on panic with just days to go before Donald Trump‘s ‘Liberation Day’ on April 2.

Trump is expected to unveil sweeping new tariffs on America’s global trading partners, but those tasked with implementing his agenda admit they’re uncertain.

Behind closed doors, top administration officials are deeply concerned, with many quietly admitting they’re unsure what the president is actually going to do.

‘No one knows what the f*** is going on,’ one White House ally close to Trump’s inner circle told Politico. 

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But with less than a week to go, even the most basic details including which countries will be hit, at what rates, and for which goods, remain undecided or constantly shifting.

White House officials freaking out about Trump’s ‘Liberation Day’
White House officials are increasingly alarmed ahead of Trump’s April 2 ‘Liberation Day’ tariff announcement, uncertain of its scope or targets with a series of conflicting signals from the president.

White House officials are quietly freaking out about Trump upcoming ‘Liberation Day’ tariff announcement | Daily Mail Online

Alternet: Another dumb Trump move that’s not just a gross mistake | Opinion

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In reality, slapping taxes on car parts imported from Canada and Mexico will hurt U.S. automakers harder than their competitors offshore because U.S. automakers have extensive operations in Canada and Mexico.

U.S. auto dealers have warned the Trump regime that tariffs will make cars less affordable to American consumers at a time when many Americans remain concerned about inflation.

Trump has waved away such concerns, insisting his tariffs will raise revenue — enabling him to lower taxes. The White House calculates that his tariffs could raise $100 billion annually. But the mere threat of such tariffs has erased more than $100 billion from the largest carmakers’ market capitalization in recent weeks.

Plus, as I’ve shown, his tariffs are a regressive tax that will be paid mostly by lower-income Americans, while his planned tax cuts will mostly benefit higher-income Americans.

The result: a huge hidden upward redistribution.

Another dumb Trump move that’s not just a gross mistake | Opinion
Trump said worldwide automobile taxes, er, tariffs, will come into effect next week, on April 3, alongside Trump’s so-called reciprocal tariffs, due April 2. The new 25 percent tariff will be applied to auto parts, as well. All other countries already face a 2.5 percent tariff on their passenger car exports to the United States and a 25 percent tar…

Another dumb Trump move that’s not just a gross mistake | Opinion