On Wednesday, Donald Trump announced his new tariffs on basically every country and region except Russia and North Korea. He’s even putting tariffs on islands only inhabited by penguins. Wednesday evening and throughout the day on Thursday, the markets reacted with panic. The Dow Jones plunged more than 1600 points. The S&P 500 had its worst day in five years. Blue-chip companies lost tens of billions of dollars in 24 hours. Trump reacted to the economic disaster by waddling off to Florida for a three-day golf weekend.
President Donald Trump offered a rosy assessment after the stock market dropped sharply Thursday over his tariffs, saying, “I think it’s going very well.”
“The markets are going to boom, the stock is going to boom, the country is going to boom,” he said when asked about the market as he left the White House to fly to one of his Florida golf clubs.
The Dow Jones Industrial Average dropped more than 1,600 points on Thursday as U.S. stocks led a worldwide selloff after the Republican president’s announcement of tariffs against much of the world ignited a shock like none seen since the COVID-19 pandemic. Trump on Wednesday announced a minimum tariff of 10% on imports, with the tax rate running much higher on products from certain countries like China and those from the European Union.
The announcement jolted markets worldwide, but Trump said that was to be expected. He compared the United States to a sick patient in need of surgery when asked by a reporter for his reaction to the worst stock market drop in years.
“I think it’s going very well. We have an operation, like when a patient gets operated on and it’s a big thing. I said this would exactly be the way it is,” he said, an apparent reference to the selloff.
He talked about trillions of dollars in investment that is “coming into our country” from companies that want to make their products in the U.S. to avoid tariffs. “The rest of the world wants to see is there any way they can make a deal,” he said.
Trump shot himself in the d–k and now says “I planned to do that, I knew all of this would happen, it’s beautiful to shoot yourself in the mushroom d–k.” Meanwhile, China has already announced 34% tariffs on all American goods in retaliation. Meanwhile, Kamala Harris gave a speech last night and she actually said: “There were many things that we knew would happen.. I’m not here to say I told you so.” Then she laughed, as did the audience. It’s true. She knew this would happen, she warned everyone for months that this would happen, and the American voters still put that ugly fascist back in the White House.
Kamala Harris: There were many things that we knew would happen.. I’m not here to say I told you so
Photos courtesy of Cover Images.
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- President Donald Trump speaks to the media as he departs the White House Featuring: President Donald Trump Where: Washington, District of Columbia, United States When: 03 Apr 2025 Credit: Chris Kleponis/CNP/INSTARimages
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- President Donald Trump speaks to the media as he departs the White House Featuring: President Donald Trump Where: Washington, District of Columbia, United States When: 03 Apr 2025 Credit: Chris Kleponis/CNP/INSTARimages
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- President Donald Trump speaks to the media as he departs the White House Featuring: President Donald Trump Where: Washington, District of Columbia, United States When: 03 Apr 2025 Credit: Chris Kleponis/CNP/INSTARimages
FAFO!
Well, hope Donald enjoys his golfing weekend. Pretty sure his rich buddies just got richer.
Out of curiosity I checked Fox News. There was nothing on the market collapsing.
Apparently Fox turned their stock ticker off yesterday. They don’t need their audience to know about this.
no mention of the Russian envoy they had to lift sanctions on to even facilitate the visit — you have to search their site to even find a blip.
FWIW, my mother was a self described “Fox News junkie” and defended Trump in his first term. Now she won’t watch it and we have regular conversations that I like to call “What the f–k are they doing?” There is hope. If she can turn off the propaganda, she can’t be alone in that.
@Sue: Thank you for giving me hope this morning. We need it. Any of it.
Tomorrow it the next national day of protest. There will be a huge protest on the Mall in Washington, DC, and in cities and towns all over the country. I’ll be at the one in Bryant Park in Manhattan at 1:00. Theme: HANDS OFF, as in, hands off our services, our health care, our federal agencies, our civil rights, our unions, our public education. Protests are being coordinated by a number of organizations. Here are a couple: https://www.mobilize.us/handsoff/
https://www.fiftyfifty.one/events
I’ll be at Bryant Park too. Hoping for a massive turnout.
💯 Hoping to attend my local one. 👍
“Pretty sure his rich buddies just got richer.” That’s my theory too. Everything is going to plan. For him and his rich puppet masters.
So great to see Kamala Harris. Heartbreaking–she would have taken this country into a golden age, truly. I want every good thing for her.
I have this fantasy that Kamala and Hillary just sit together, swirling their wine glasses with the smuggest f–king looks on their faces. They don’t have to say “I told you so”. We know.
Hillary and Kamala. Our two Casandras. I would much rather they were our two presidents. Imagine a nation with Hillary elected in 2016 and succeeded by KDH in 2024. That’s the timeline I want to be living in, not this chaotic hellscape. But as Kamala said, if fear is contagious, so is courage!
Nero fiddled while Rome burned.
I remember that image from the last go round of this insanity. Now here we are for real.
His golf bunker. But deeper and more embedded this time.
Not all patients survive surgery.
And sometimes they make it through the procedure, only to die from complications and infections
This is part of the reason why they got rid of federal workers. The career staff would have told the White House that imposing tariffs would crash the economy.
Penguins. He imposed tariffs on penguins
Buy your Easter candy today before tariffs hit on cocoa beans
* thunks head against wall *
Personally, I feel Trump shouldn’t be described as waddling anywhere, because my sympathies lie with the penguins on this. He shuffles or totters.
He lumbers.
Can he please do a Bing Crosby and have a heart attack on the golf course?
See, I like that…but I also really want him to go like Stalin: in a puddle of his own waste. Maybe a combination of the two? Then afterwards, Times Square for the Mussolini treatment.
I’m hoping for something resembling Joe Kennedy’s final years after his massive stroke. Alert, but unable to speak, golf or go capslock on TruSoc. I wonder the GOP would feel safe enough to move past MAGA.
Are y’all planning on participating in the Indivisible led peaceful gatherings tomorrow? I hope so! Find your local chapter and show up babes!
Hundreds of locations – check the map here! https://handsoff2025.com/
Thank you for that!
You ladies are amazing for sharing that.
I’l cheer you on from abroad and continue boycotting the oligarchs. No Tesla, Amazon or X
Buying my poster board tonight. My protest signs from the first term are too tame for what’s going on now.
This 70 year old will be protesting tomorrow! Today is for sign making.
Anybody have some good slogan suggestions?
Absolutely!
He wanted to do something that Biden didn’t do so he crashed the economy.
Also in France the fascist at the head of the right-wing political party was put on trial and lost for taking 4 million euros of public money to pay for personal bullsh*t and Trump shot her in the foot as well by saying she was the victim of a witch hunt ! I love that for them !
I live in a predominantly white, small town in a red county not known for a lot of political action because most non-MAGA here feel unsafe speaking out. But last night, we hosted over 75 old, white ladies and a few gents, people who have NEVER protested in their lives, in a safety, de-escalation class before we had our sign-making party in our home. We have over 200 hundred concerned citizens registered for our first mass mobilization event of its kind up here that anyone remembers. These people are fired up and angry, and ready to do whatever it takes to stop this madness.
When I started organizing this event three weeks ago, there was a lot of despair and hopelessness in our community. But last night was pure joy. At one point, all the ladies spontaneously broke out into a rousing rendition of “God Bless America.”
If you are a white person, and you are concerned about our country, then please get involved. There are over 1000 events tomorrow in large cities and small towns just like ours. I have NEVER in my life EVER organized anything like this. I’m so far out of my comfort zone, that I can’t even see it from here. I’ve had to learn a ton of new skills, and I’ve fallen on my face a couple of times trying to learn new technologies. But if I, a devout recluse and introvert, can do something this, anyone truly can.
🙂👏
Yay @HennyPenny! I work in a red leaning industry in a red state that recently went purple but I know exactly how scary it can be! Good luck to you and your crew!
Sometimes I just can’t bring myself to read anything about this bloated grifter, but your article headlines give me a little bit of joy. 🙂
I’ve never hated anyone until this POS came along. Honestly. It feels awful. F him. F his enablers. Not his followers, though, even if their MAGA motives are self-interest, xenophobia, willful ignorance … we’ve always had folks like that. But F the Republican party for sociopathically building up a coalition to wreck our country. And the world. All just for money and power.
With the 25% tariffs on foreign cars, Elon will make bank–isn’t Tesla an American company? Not sure. But this is a government that makes national moves to enrich sidepiece DOGE (what the fuck is that really) as a payback for the 250 million donation and fucking up the voting machines so Kamala votes would turn into Donald votes (but only to the extent that they JUST surpass the percent that votes would have to be re-counted). That shit doesn’t happen with ALL the swing states. Rosie O’Donnell was right about an investigation about rigging the vote in the same way Donald accused the Dems of (which, of course, they did not). Of course Psycho Orange then does the nefarious thing that he accuses others of–it’s a well-established pattern of his).
Do I understand this correctly? Goods or groups of goods are manufactured in non-American countries and sold in America. Because of Trump’s tariffs, they are now 10 to 50 per cent more expensive for Americans. As a result, the goods or parts can no longer be purchased and sales collapse. Is the idea behind this that the world is so dependent on the slump in sales of its goods in the USA that it is relocating its production to America? Is that really the case? He is making his own people poor in order to blackmail foreign countries using dubious methods? Or have I misunderstood something?
That pretty much sums it… He is the typical american bully who believes that USA rules the world..
He’s used to do business this way, so he does the same in politics..He’s always been a bully…
I think it is some xenophobic thing. It’s not that foreign manufacturers will move operations here, but that American companies will not have foreign competition. In this anti-globalization MAGA fantasy, Americans will buy American-made goods from American companies. A bunch of BEAUTIFUL things will be made in America — but not by immigrants, no sir!
The problem with that — which is obvious even to an eighth-grader — is that American workers need to make a lot more money than sweatshop workers in undeveloped countries. A LOT more. Americans can’t live on $1.12 per hour. (Good luck, unions!) So all that American shit is gonna cost a LOT more if it’s manufactured here. But it’s a moot point, because CEOs aren’t as stupid as six-time bankrupt Trump and won’t set up manufacturing here.
Oh, and there is also some other nefarious motive whereby people like Musk and Trump get richer, but I am fuzzy on how that is structured.
The variant? Let’s assume that my country supplies Mozartkugel to the USA and the USA now wants a 50 per cent duty on the Mozartkugel so that the state receives this duty money. This makes the Mozartkugel more expensive for the American Mozartkugel buyer by the amount of the duty. The consumer in the USA therefore pays the duty on my Mozartkugeln to his own country when he buys the Mozartkugeln. Could the manufacturer of the Mozartkugeln sell them duty free at airports? Or send them by parcel post for less than 150 euros?
I don’t understand any of it, it just seems so absurd to me
And it is very certain that no American company is capable of producing genuine Mozartkugeln.😁
Maja, I think your last point is important. No American company is capable of producing genuine Mozartkugeln. Very few — if any — American companies are capable of producing shoes. Or most items of clothing. Or quite a few things that many Americans use on a daily basis. Tariffs won’t somehow mean that companies will spring up magically in a week or two to manufacture clothing, or toys, or electronics. I’m assuming that there’s no real sane plan here. The best that I can come up with is the possibility that a very small number of very wealthy people will invest in developing facilities to produce very expensive goods, and people will then choose between very expensive domestic goods and very expensive foreign goods. Most of us will be focusing on food and shelter — rather then the types of discretionary shopping that has helped to support the US economy in recent years. And, thanks to the burden of tariffs, US shoppers — even those with very low incomes — will essentially be paying a tariff-tax on quite a few basics and necessities. I’m thinking that the category least likely to be impacted by tariffs will be junk food. I wonder if RFK jr has noticed?
#HandsOff #LockHimUp