Elections US CEOs privately warn Trump of impending empty shelves causing Trump to cave with no negotiations from other parties

Art of the derp

Trump claimed talks with China were ongoing
His own team reported there have been no talks at all
China have not humoured the situation
US CEOs warn Trump his tariffs will cause a stock shortage
Trump flip flops and lowers tariffs
No one negotated anything with him

Trump said the 145% tariff he developed in his calculations in too high. Now they will no longer be anywhere near that amount.



Executives from three of America’s biggest retail chains warned President Donald Trump that things could get ugly if his aggressive economic agenda proceeds as planned, according to a new report from Axios.
During a private meeting in the Oval Office on Monday, the CEOs of Walmart, Target and Home Depot reportedly told the president that supply chains could freeze and prompt stores’ shelves to go barren if he doesn’t rein in his sharp tariff plans, and meddles with the Federal Reserve.
“The big box CEOs flat out told him the prices aren’t going up, they’re steady right now, but they will go up,” an administration official familiar with the meeting told Axios. “And this wasn’t about food. But he was told that shelves will be empty.”


Hong Kong/WashingtonCNN —
US President Donald Trump has signaled a potential U-turn on his trade war with China amid continued market volatility, saying the high tariffs on Chinese goods will “come down substantially, but it won’t be zero.”

Trump’s remarks, made at a White House news event Tuesday, appear to mark a rhetorical climbdown after weeks of tough posturing and tit-for-tat retaliation that sent tariffs on China beyond a staggering 145%.

“145% is very high and it won’t be that high,” Trump said in a question-and-answer session with reporters in the Oval Office. “It won’t be anywhere near that high. It’ll come down substantially. But it won’t be zero.”

F*cking clown. At least he's trying to correct his giant, stupid mistakes, though.
 
We must re-start our manufacturing base. We are way too dependent on China and it's a not just an economic issue, it's a national security issue.
 
I think it just highlights that no matter what Trump does, you're going to find a way to complain about it.
Serious international and national damage to the economy has been done! Not to mention diplomatic.
There is no way Trump can rectify the damage. It damage is done!
The choices now is between bad outcome, worse outcome and downright catastrophe, and it seems unlikely it will stop at just "bad".
Its not a question if his actions will ruin businesses and destroy peoples lives (US citizens, which I assume is all you care about), the only question is how many.

In either case, Trump has to own his own moronic actions and his mistakes. "The buck stops here", you know.
If you burn down the house by putting out cigarettes on the couch because the ashtray was little too far away, don't expect praise for managing to get the TV out undamaged.
 
The problem is no one knows what Dementia Donny is going to do because he forgets what he said the day before. He will say Tariffs are off then start rattling the Tariff Sabres again. The market does not know how to react which is why the wild swings. It’s pretty obvious Trump has no fucking clue what he is doing.
Plus it’s kind of sad thinking about Trump sitting day after day next to a phone waiting for China to call.
 
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Me thinks Donny needs a speed bump between his brain and his mouth.........
The problem with Trump 2.0 is Trump is Sundowning and surrounded himself with Lickspittles. Trump 1.0 there were people there to reign him in some. Now he is surrounded by MaGA influencers and drunk Fox News hosts.
 
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