Wenzda’s Wandering Political Thoughts

I liked the article’s headline.

 Trump, a ‘humiliated clown’ who always pretends he never backs down, backed down again

That’s Lawrence O’Donnell’s take on Trump. Trump is a clown. I so agree.

Trump was reversing himself on tariffs. Again. Trump claimed before that leaders of all these other nations were calling and begging him to make deals. No evidence of that emerged. If anything, Trump’s claim was 180 degrees from the truth.

You got to ask: if his high tariff approach was working so well and all those leaders wanted deals, why is Trump singing a different song now?

The short of it seems to be business. Stock market losses have people remembering the worse April since the Great Depression. The sliding dollar isn’t reassuring anyone, either.

Trump’s tariffpause is like menopause. Has people running hot and cold and getting emotional, irritated, impatient, and easily annoyed.

His tariffpause seems to come from CEOs warning him about empty shelves and declining sales.

The CEOs of Walmart, Target, Home Depot and Lowe’s, all of whom delivered a blunt message about interruptions in the supply chain and its effects on consumers, were invited to the White House as part of an ongoing internal campaign to make the case to Trump about the real-world impact of his policies, administration officials said.

Trump’s tariffs have placed significant pressure on the retail sector. The business leaders warned that store shelves across America could “soon be empty,” two people familiar with the meeting said, as they presented a dire economic picture that could come into sharper view within weeks.

Gosh, no one saw that coming way back when Trump brayed about imposing tariffs.

Yes, that’s some 24-karat snark.

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Blog at WordPress.com.

Up ↑