Business, Economics, and Taxes: Eat Cereal for Dinner

[Handyman]

 

[Bronco]

View attachment 333

The Leopard's pronouns are More, Please.

 

[Handyman]

All In with Chris Hayes (@allinwithchris.bsky.social)

“The Titanic hit an iceberg by accident. This is the equivalent of steering the Titantic towards the iceberg,” says CNBC’s Steve Liesman on Trump's tariffs mess.

bsky.app

Stop being so hysterical and diversify!!

 

[Handyman]

Unusual Whales (@unusualwhales.bsky.social)

BREAKING: Germany is considering the withdrawal of approximately 1,200 tons of gold, valued at around $124 billion, from a U.S. Federal Reserve vault in New York.

bsky.app

Oh boy...

 

[Jimjamesak]

Unusual Whales (@unusualwhales.bsky.social)

BREAKING: Germany is considering the withdrawal of approximately 1,200 tons of gold, valued at around $124 billion, from a U.S. Federal Reserve vault in New York.

bsky.app

Oh boy...

That seems… bad.

 

[Kepler]

Parents Gently Explain To Child That Their Money In Heaven Now

HUNTSVILLE, AL—In an effort to comfort the child by telling her the funds had gone to a far better place, local parents Blake and Allison McKee gently explained to their daughter Friday that their money was in heaven now, sources confirmed. “Honey, the reason we’re sitting you down today is...

theonion.com

 

[Kepler]

Trump Assures Wall Street He’ll Go Back To Just Fucking Over Poor People Soon

WASHINGTON—In response to market panic about his new wide-ranging tariffs, President Donald Trump reportedly offered Wall Street assurance Friday that he would soon go back to just fucking over poor people. “While my trade policy might cause some temporary hardships for investors, it’s...

theonion.com

 

[St. Clown]

They heard Pink Floyd say "we don't need no education" and ran with it.

Sadly, once Pres. Teapot Dome and Congress let the lesser states do what they want with education, Pink Floyd’s words will become the song of truth.

 

[Handyman]

 

[Handyman]

 

[aparch]

Jaguar / Land Rover owner to pause shipments to US for one month as tariff discussions shake out. Says dealers have three months supply of already imported products.

https://www.reuters.com/business/autos-transportation/uks-jaguar-land-rover-pause-shipments-us-over-tariffs-times-says-2025-04-05/

 

[Handyman]

I was just coming here to post that. They won't be the last...

Sounds like most companiess in Asia plan to either raise prices (inflation!) or offshore to Mexico for the "lighter" tariff. No one seems to be calling begging for help.

 

[rufus]

Eating the tariff or moving production to already established facilities in another country will be far cheaper for them than to build from scratch and operate a production facility in this country.

Something stable genius Donnie doesn't seem to understand.

 

[aparch]

Carl Quintanilla (@carlquintanilla.bsky.social)

Here come the 𝘧𝘰𝘳𝘤𝘦 𝘮𝘢𝘫𝘦𝘶𝘳𝘦 letters. @reuters.com $HWM https://www.reuters.com/business/aerospace-defense/aircraft-supplier-howmet-may-halt-orders-if-hit-by-trump-tariffs-letter-says-2025-04-04/

bsky.app

 

[walrus]

Carl Quintanilla (@carlquintanilla.bsky.social)

Here come the 𝘧𝘰𝘳𝘤𝘦 𝘮𝘢𝘫𝘦𝘶𝘳𝘦 letters. @reuters.com $HWM https://www.reuters.com/business/aerospace-defense/aircraft-supplier-howmet-may-halt-orders-if-hit-by-trump-tariffs-letter-says-2025-04-04/

bsky.app

Anyone who buys anything in the trades market knows the supply chain is already screwed. My electrical supply house still can't get orders filled in a timely manners on many common items. Some parts are made in the US but I'd guess the biggest amount of electrical stuff is Made in Mexico.

 

[ScoobyDoo]

Anyone who buys anything in the trades market knows the supply chain is already screwed. My electrical supply house still can't get orders filled in a timely manners on many common items. Some parts are made in the US but I'd guess the biggest amount of electrical stuff is Made in Mexico.

You need to diversify.

 

[rufus]

Supply chains have been screwed up since COVID.

The last time Donnie screwed this country over.

 

[St. Clown]

Truth.

 

[Handyman]

We will just make them here! (Importing tariffed parts from eksewhere)

 

[aparch]

https://www.cnbc.com/2025/04/06/trump-tariff-war-markets-economic-shock.html

To impose variable tariffs across all trading partners — with hard to follow and sundry carveouts, retaliatory triggers, national security exemptions, and modification authorities — requires more than presidential intent. It demands a well-resourced bureaucracy, a clearly articulated process, and interagency coordination at a scale not seen in recent memory. And none of that is currently in place.