patrick.net

What is not mentioned (couldn't quote the post - it was "too large" even though it was a single image) is that the Trump exempted bullion from the tariffs - that's why gold went from over $3500 now down below $3300. It was a run up against the perception that gold bullion would be subjected to tariffs.

Major mainstream media fail #1,000,000+

American employers added 177,000 jobs in April 2025, surpassing economists' expectation of 135,000 new jobs according to the Labor Department report released on Friday.

I'm noticing a lot about Libertarians these days.

A canon of Libertarianism is the free flow of capital and people across borders. I would expect a Libertarian to be for open borders and no tariffs.

Tariffs so far been huge fail. markets panicked, Trump cancelled tariffs. it’s not going anywhere.

Over $17 billion collected for April alone and more tariffs kicked in in May.

Fortwaye says

Tariffs so far been huge fail. markets panicked, Trump cancelled tariffs. it’s not going anywhere.

Over $17 billion collected for April alone and more tariffs kicked in in May.

we are in debt and our spending need as to drop a ton to not go off the clif

Yep, Trump is gonna try to go from the Federal deficit at 6% of GDP down to it being 3% of GDP over the course of 4 years. -- This the liberals call radical.

He didn't even do the primary,

WookieMan says

He didn't even do the primary,

WTF are you talking about?

He was on all of them. Only lost in two.

https://en.m.wikipedia.org/wiki/2024_Republican_Party_presidential_primaries

I hope Trump can show for 2025 that the deficit is not greater than $1.9 trillion as it would be the first time since 2000 that the deficit did not increase (adjusted for inflation).

It is accomplished.

55% Tariffs on CHYna, 10% on us.

This means nothing, they can still undercut us even at 55% and nothing about all the IP they steal. They are playing long game.
This will not change the trade deficit at all.

This means nothing, they can still undercut us even at 55% and nothing about all the IP they steal. They are playing long game.

Canada dumps their plans for a Digital Services Tax hours after Trump threatens tariff response.

So much for ‘TACO.’ The New York Times ran a story this morning headlined, White House to Start Notifying Countries About Tariffs, Trump Says. The 90 day pause is up. Countries that haven’t made deals yet will find out today what the next phase looks like.

President Trump said early this morning that he is set to resume the tariffs that he initially imposed in April on dozens of countries, before he’d paused them for three months to allow time to negotiate individual deals. The 90 day hiatus runs out this Wednesday.

“So we’re going to start sending letters out to various countries starting tomorrow,” Trump said yesterday, right after the OBBBA passed. “They’ll range from maybe 60 or 70 percent tariffs to 10 and 20 percent tariffs.”

Some countries, like China, Britain, and Vietnam, have already made deals. “Talks with other world leaders,” the Times reported, “have so far yielded little, despite efforts from Japan, Malaysia, India and the European Union.”