"These tariffs are both economic and geopolitical madness, but they are also giving the pro-democracy movement an extraordinary opportunity to tell the story of his betrayal of working Americans (higher prices, damage to small businesses, shifting the tax burden from the wealthy to everyday people)" (continued in /6)

~ Simon Rosenberg

#Trump #tariffs #economy #inflation #taxes
/5

https://www.hopiumchronicles.com/p/we-must-lean-in-much-harder-against

@sekhen

Yes, but won't many people, including myself, tend to buy less as the price increases? BTW, my little coffee coop, Cafe Justo, has escaped the typical poverty trap for small coffee farmers by cutting out the middleman. They farm in Chiapas, roast in Agua Prieta, and then sell directly to the consumer! This brings their income from the typical 1.00 or so a pound to 9.00! I love fairtrade folks, but they're only able to pay 1.80 per pound to the farmers. #Tariffs are #Taxes

#TRUMP #TARIFFS #INDIA
Indian Prime Minister Narendra Modi will visit China for the first time in over seven years, a government source said on Wednesday, in a further sign of a diplomatic thaw with Beijing as tensions with the United States rise.
https://www.reuters.com/world/india/indias-modi-visit-china-first-time-7-years-tensions-with-us-rise-2025-08-06/

#TRUMP #TARIFFS #INDIA

India pauses. plans to by U.S. arms after Trump's tariffs.
“.. India had been planning to send Defence Minister Rajnath Singh to Washington in the coming weeks for an announcement on some of the purchases, but that trip has been cancelled ..”
https://www.reuters.com/business/aerospace-defense/india-pauses-plans-buy-us-arms-after-trumps-tariffs-2025-08-08/

"'Currently (Aug 2025), unemployment is 4.2%, inflation 2.7%, and Q2 GDP growth 3.0%, but job gains slowed amid tariff impacts. Overall, Biden's era showed better stability in jobs and prices.'”

#Trump #tariffs #economy #inflation #taxes
/4

"WH Policy Director Stephen Miller on Fox: 'The economy was on its deathbed when President Trump came into the Oval Office.'

… Elon Musk’s AI app Grok was asked if Miller’s quote was accurate: 'Based on key indicators, the economy performed strongly under Biden with average unemployment at 3.6% (2022-2023), inflation down to 2.4% by late 2024, and real GDP growth of 12.6% over his term.'"

~ Ron Filipkowski

#Trump #tariffs #economy #inflation #taxes
/3

https://www.meidasplus.com/p/today-in-politics-bulletin-187-8725

@bazcook True about the cost increases, I felt that was implied with "inflated prices due to the #tariffs" and then "when the tariff dam breaks."

The point of my post is: My fear is once reasonable tariff policies are set again, and prices to business go down, companies are going to keep the prices up because we are willing to buy at higher prices. They do that in the US time and time again. With inflation, etc. When the eggs ran short and prices went sky high, they never lowered the prices back down to where they were when egg production was stable. This has happened to I don't know how many products and services over the years.

Also, some CEO's are bragging to their shareholders in shareholder meetings who are not affected by tariffs that they are raising their prices to match their competitors who are affected by them and had to raise their prices. One CEO said it was the source of their unexpected higher profits and why profit projections were so off. I posted about those before and even included clips of the video and audio once or twice from the shareholders meetings.

"On Thursday, Treasury Secretary Scott Bessent admitted during an MSNBC interview that tariffs are paid by US companies importing goods from foreign producers. Moreover, Secretary Bessent acknowledged that those US companies then pass the cost of the tariffs onto consumers."

~ Robert B. Hubbell

#Trump #tariffs #economy #inflation #taxes
/2

https://roberthubbell.substack.com/p/in-the-thick-of-the-fight-for-2026