Summary
Markets tumbled after Trump’s sweeping tariff announcement, with S&P 500 futures dropping 3.5%, Nasdaq 100 down over 4.3%, and Dow futures falling 1,000 points.
Analysts called the tariffs “worse than the worst case scenario.” Major companies like Apple, Amazon, and Nike saw stock declines up to 7%.
Retailers reliant on imports, like Five Below and Dollar Tree, plunged more than 11%.
Goldman Sachs warned tariffs could raise foreign car prices by $15,000. Treasury Secretary Scott Bessent dismissed after-hours moves, blaming volatility over policy concerns.
And if he pulls back? Too fucking late, too late a month ago. No one will ever trust America again.
You motherfuckers bitching about work and capitalism and such, LOL. Wait till you have to live another Great Depression. I’m prepared to suffer, know how to live poor as dirt and eek out an existence. Good luck.
I think you underestimate the news cycle and how forgetful people are. If Trump suddenly became friendly, there’d be politicians all over the world “breathing a sigh of relief” and saying “things are back to normal”. They love the status quo.