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.
What about Jurassic Park worked out in the end? The park got destroyed and subsequently abandoned for decades until the remains were bought out, a new park restarted, that promptly suffered the same fate. Nothing in any of those movies ever worked out.
Exactly. There were only moments of relief between being chased by a t.rex or a bunch of velociraptors. Even when the protagonists ride into the sunset, the seeds of the next disaster are already sprouting.