Trumpenomics

[Axtremus]

Japan's trade deal:

https://www.washingtonpost.com/world/2025/08/08/us-japan-trade-deal-dispute/

With no provisions committed to a formal document, the fact sheets that both governments released have conflicting information.

[jon-nyc]

I assume ‘70%’ refers to the portion of the tariff that will hit consumers come fall.

[89th]

Yeah I'd imagine not many companies will just "eat" the import tax without passing it onto the price

[Axtremus]

Another 90-day pause on tariffs on imports from China:

https://www.theguardian.com/us-news/2025/aug/11/trump-china-tariffs-deal-deadline

[xenon]

The economy is going to be stuck in 3rd gear until these guys can decide whether to shit or get off the pot.

[Axtremus]

They may try to occupy the pot and edge forever.

[jon-nyc]

Trump calls for Goldman Sachs to replace the economist responsible for the tariff report.

[89th]

I wonder how bad the facts culture is within the White House... I expect if anyone tells Trump real data it's like a recurring "Hitler finds out" scene playing over and over.

[Renauda]

@89th

[jon-nyc]

The data:

And the memes

[Axtremus]

Just put your MAHA hat on and tell yourself it's to get you to eat leaner protein.

[89th]

[LuFins Dad]

It surely does suck. I’ve been consoling myself with the fact that the Federal Government is no longer actively enabling the sterilization and genital disfigurement of children… I’ll live with having to cut down on steak in exchange for that.

Sure would have been nice to have both steak and healthy children, though.