[Pain] HUGE, self-inflicted Recession incoming due to Trump/Musk

This part is very pertinent

https://www.bea.gov/news/2025/us-international-trade-goods-and-services-december-and-annual-2024

 

The best thing Musk could do is fade into the background. He will not have a redemption arc.

 

The saddest part about Musk is he turned unhinged ever since his daughter turned trans. He disowned her and claimed she was dead to him the day she turned trans....he allowed hate to consume him and turn into this villan.... it's genuinely sad.

Hes going look back at this era in his life in a few decades and realize just how badly he ****ed up. He threw away his legacy for literally nothing

 

There's always personal grievance with these guys. With Trump its all about daddy issues and the empty pit he has for being praised.

Elon and Trump are very similar in that way. Child/Monster is I think is the perfect expression.

Not to do the thing where we always have to compare to Hitler but Hitler famously had a father who berated Adolf all his life, never gave him the love he wanted, and when his Mom died, he spent the rest of his life with anger that was really at the heart of it directed at his Father. His entire being was about blaming with rage, and violence... all because he was a child monster.

The worst people are often the most pathetic behind closed doors. Weak, insecure, cowards, and afraid.

 

a better question would be, is Trump and his econ advisor Navarro, aka Ron Nara, mad at the former illegal alien, Musk



Elon Musk 'spent the weekend begging Donald Trump to cancel his tariffs'

But in a sign of a potential developing schism between two of the most controversial figures in the US, the President did not relent and
has since promised to double down tariffs on a country in which Musk has significant business interests.

​

Musk lashes out at architect of Trump’s tariffs, aka Ron Nara, in first public comments about shock policy ​

 

The Rs do not believe a word of this, since they do not and will never live in a fact based world.

 

I do think trump will win some tariff negotiations, smaller countries will have to do something, and they have not had to seal with a person like trump before. The tariffs on China just went up to 100+% after they had the audacity to put reciprocal tariffs in place LOL.......who will blink first. Mexico has played it smart, haven't heard much from them since the original dust up, trump basically wants them to shut up and then call his team to work out a deal. The question is, why not negotiate first? Float your idea out to everyone and then start talking to everyone, why put the country through the BS, kill the stock market and make us look like the fools we appear to be to other countries. Every country out there is probably looking at a plan B to move away from dealing with the USA, IMO this will cause a ripple effect that won't be felt for years as the wean off the teat of America. Sure, we could have a new President in 4 years who fixes all this chaos, but the damage will be done as they know it could go back to chaos 4 years after that. The damage we have done to Canada will be felt for a long time

 

How many of our resident MAGAs will put their money where their mouth is and buy the DJT dip???

Gotta support your cult leader.

 

I know Musk really sleeps well at night knowing your face will be glued to his ass.

 

Trump Tariffs Hit With Lawsuit by Group His Supreme Court Adviser Funded

President Donald Trump faces a legal challenge over his tariffs from a libertarian group funded by billionaire legal activist Leonard Leo, who is credited with steering Trump through the Supreme Court's transition into a conservative majority.

The New Civil Liberties Alliance (NCLA) filed its complaint in Florida's federal courts on Thursday, arguing that Trump has no constitutional authority to impose tariffs via emergency powers.

White House spokesperson Harrison Fields told Newsweek that the president has "broad authority to impose tariffs to address issues of national emergency" and that the administration looks forward to a court victory.

Newsweek reached out to Leo for comment through an email to the Federalist Society, where he is co-chairman.

Why It Matters
Leo is a key financial backer of the NCLA. A longtime leader at the Federalist Society, Leo used his networks to help Trump nominate conservative Supreme Court Justices Neil Gorsuch, Brett Kavanaugh, and Amy Coney Barrett.

The lawsuit is the first case that has challenged Trump's authority to impose tariffs since he returned to office. On April 2, he announced sweeping tariffs on almost all U.S. trading partners, sending global markets into a tailspin and sparking fears of a recession.

What To Know
The NCLA's lawsuit was filed on behalf of Emily Ley, the founder of Simplified. This Florida-based small business sells stationary and home goods and depends on importing materials from China.

It argues that Trump exceeded his authority by using the International Emergency Economic Powers Act (IEEPA) to impose tariffs on China.

The lawsuit states that the statute "authorizes presidents to order sanctions as a rapid response to international emergencies. It does not allow a president to impose tariffs on the American people."

It argues that Congress has the power to impose tariffs and that presidents "can impose tariffs only when Congress grants permission, which it has done in carefully drawn trade statutes."

The lawsuit also argues that Trump has not shown how the tariffs are necessary to address the fentanyl epidemic that he cited as justification for imposing them.

Trump announced a 10 percent tariff on China in February before doubling it to 20 percent in March as punishment for fentanyl trafficking.

On Wednesday, Trump announced China would be hit with a 34 percent tariff on top of the 20 percent tariff previously imposed.

The tariffs will cost Simplified "hundreds of thousands of dollars," according to the lawsuit. Moving manufacturing operations away from China would impose further costs, it adds, and the company will likely be forced to raise prices or reduce staff.

What People Are Saying
Andrew Morris, senior litigation counsel at NCLA, said in a statement: "By invoking emergency power to impose an across-the-board tariff on imports from China that the statute does not authorize, President Trump has misused that power, usurped Congress's right to control tariffs, and upset the Constitution's separation of powers."

Emily Ley, the founder of Simplified, wrote on Facebook on Thursday: "These unlawfully implemented tariffs cause harm to Americans businesses, American jobs, and American consumers and will be the end of many American dreams."

White House spokesperson Harrison Fields told Newsweek: "President Trump has broad authority to impose tariffs to address issues of national emergency, such as the opioid pandemic. The Trump Administration looks forward to victory in court."

President Donald Trump on Monday threatened additional tariffs on China in response to China's announcement that it would retaliate against the U.S. tariffs Trump announced last week.

He wrote on Truth Social that "if China does not withdraw its 34% increase above their already long term trading abuses by tomorrow, April 8th, 2025, the United States will impose ADDITIONAL Tariffs on China of 50%, effective April 9th. Additionally, all talks with China concerning their requested meetings with us will be terminated!"

What Happens Next
The lawsuit seeks a court order declaring that the China tariffs are unlawful and unconstitutional.

https://www.newsweek.com/trump-tariffs-hit-lawsuit-group-his-supreme-court-adviser-funded-2056761

 

There is a way out of long-term pain.

If the Court rules that the POTUS cannot do this, or if Congress wakes up and decides to claw back its tariff power, the rest of the world can breathe a sigh of relief that the U.S. political system has fixed a fatal flaw - allowing one madman to wreak havoc on itself and the rest of the world.

P.S. He might not be a madman at all, but rather a control freak who adores power.

 

@Nook MAGA- losing money is great for building character! Who needs money right?

 

All democrats supporters here.

 

Yeah people who dont want the economy to implode are all die hard democrats. Stock market just had its worst week in decades but if you are worried about it then you're an avid democrat.

Utterly unhinged

 

Stock market is bad. No question about that but the left is worthless

 

Its not the stock market. It's the bond market, the jobs market, construction materials are SKYROCKETING, interest rates are back to 7%, grocery prices will explode soon, inflation will double in the next 30 days.

The entire economy is literally IMPLODING. You can continue to live in your bubble but you will deal with the consequences