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.
I’m starting to feel like this is a controversial opinion, but maybe the American people should be the ones holding their own government accountable? Interventionism is the worst way to fix a country and I very much doubt it even could be done for a country like America.
I am hoping the US splits apart, allowing the red states to destroy themselves. Conservatism is a cancer, and the condition would be easier to excise if it was a solid tumor.
Difficult to argue against, except America is doing this too us as well, and we don’t get a vote.
All the more reason to not do anything about it. Let America implode and their interventionist power also takes a hit.