Tech stocks fall after President Trump announced new global tariffs: Meta drops as much as ~8%, Amazon drops ~7%, Nvidia ~5%, Alphabet ~4%, and Microsoft ~3%

Apple slid more than 6% in late trading Wednesday and led a broader decline in tech stocks after President Donald Trump announced …

CNBC 2025-04-03 Kif Leswing

Discussion

@carnage4life Dare Obasanjo on bluesky
Americans were mad at Biden over inflation so they chose Trump who's giving us a recession instead. — I guess the grass is always greener even when the grass is actually quicksand.
@jamessurowiecki James Surowiecki on x
Just figured out where these fake tariff rates come from. They didn't actually calculate tariff rates + non-tariff barriers, as they say they did...So we have a $17.9 billion trade deficit with Indonesia. Its exports to us are $28 billion. $17.9/$28 = 64%, which Trump claims i…
@benbajarin Ben Bajarin on x
Quick summary of takeaways on tariffs on the semiconductor landscape. [image]
@saylor Michael Saylor on x
There are no tariffs on Bitcoin.
@sullyomarr @sullyomarr on x
Good morning [image]
@cobie @cobie on x
Trump team just asked ChatGPT and shipped it 😭😭 [image]
@lhsummers Lawrence H. Summers on x
Never before has an hour of Presidential rhetoric cost so many people so much. Markets continue to move after my previous tweet. The best estimate of the loss from tariff policy is now is closer to $30 trillion or $300,000 per family of four.
@atrupar Aaron Rupar on x
the Dow is down more than 1,100 points (!) since opening 5 minutes ago [image]
@trumpdailyposts @trumpdailyposts on x
THE OPERATION IS OVER! THE PATIENT LIVED, AND IS HEALING. THE PROGNOSIS IS THAT THE PATIENT WILL BE FAR STRONGER, BIGGER, BETTER, AND MORE RESILIENT THAN EVER BEFORE. MAKE AMERICA GREAT AGAIN!!! Donald Trump Truth Social 4/03/25 08:33 AM
@typesfast Ryan Petersen on x
Flexport's team was able to reverse engineer the formula the Administration used to generate the “reciprocal tariffs.” It's quite simple, they took the trade deficit the US has with each country and divided it by our imports from that country. The chart below shows the predicti…
@alecstapp Alec Stapp on x
Half of all US imports are used as inputs by American manufacturers. The new tariff policy is going to nuke what's left of our manufacturing base. [image]
@lhsummers Lawrence H. Summers on x
These tariffs are very consequential economic policies. They are consequential for prices, employment, foreign relations and national security. The question is how much damage is going to be done. @business https://www.bloomberg.com/... via @economics
@jamesrbuk James Ball on x
This is: 1. an absolutely nonsensical way to think about trade 2. nothing to do with tariff barriers, it's just...relative trade. It's just something else entirely 3. a CRAZILY back-of-the-envelope way to set global trade policy It is mad that this is real.
@dkthomp Derek Thompson on x
The tariffs are face-smackingly stupid and self-destructive as a matter of economic policy, but just as important is how they figure into Trump's MO. 1. Make outlandish threat 2. Use as leverage to get [stuff] 3. Declare [stuff] as a major victory. 4. Do it over and over and …
@cobie @cobie on x
[image]
@jasonfurman Jason Furman on x
Earlier this week I wrote a @nytopinion about the tariffs. The only item that aged badly: “the tariff increases in the first 4 months of his latest trade war are likely to be five to 10 times as large as those he imposed in the 4 years of his first term.” It's more like 15X. [ima…
@ivanwerning Ivan Werning on x
If these tariffs actually are implemented and stand this will be hugely unpopular in just a few months. With political consequences.
@rapidresponse47 @rapidresponse47 on x
.@BretBaier: For someone who says the tariffs are a tax on consumers, what do you say? @SecScottBessent: “We saw in Trump 1.0, prices didn't go up. If we have that happening at the same time, we are able to use that income to provide President Trump's tax agenda — that's a home […
@frances_coppola Frances ‘Cassandra’ Coppola on x
I think the UK government's decision not to retaliate to Trump's tariffs is right. But the UK government must also move rapidly on improving European trading relationships.
@secretaryburgum Secretary Doug Burgum on x
President Trump's Liberation Day reciprocity plan is commonsense. If you tariff us, we'll tariff you. This will strengthen our economy and make America wealthy again!
@dkthomp Derek Thompson on x
Nobody knows what's going on. You've prominent Trumpsplainers saying the goal of the tariffs is to raise trillions in revenue and move us off income taxes. You've got folks who seem super plugged into the Trump-tech alliance like Palmer saying no no no, the goal is the opposite…
@ivanwerning Ivan Werning on x
This seems to be the formula used to calculate foreign “tariffs”... their trade balance with the US divided by their exports to the US...
@rapidresponse47 @rapidresponse47 on x
. @POTUS : “In the coming days, there will be complaints from the globalists, the outsourcers, special interests, and Fake News... Never forget that every prediction our opponents made about trade for the last 30 years has been proven totally wrong. They were wrong about NAFTA, …
@d_a_irwin Douglas Irwin on x
Yes, this is an off-the-charts increase in tariffs - particularly because the tariffs are applied to the 2/3rds of imports that normally come in duty free (coffee, tea, tin, bananas, etc.) Even Nixon's 10% surcharge in 1971 did not include those goods. . . .
@saikatc Saikat Chakrabarti on x
At this point, I'm feeling more and more confident that the real point of the tariffs is to crash the market, letting Trump and other insiders in government buy the dip, before they reverse the tariffs again. Rinse and repeat.
@typesfast Ryan Petersen on x
46% tariff on Vietnam and 49% on Cambodia is an absolute bomb. So many companies moved all their production there to get out of China.
@billackman Bill Ackman on x
Sometimes the best strategy in a negotiation is convincing the other side that you are crazy.
@buccocapital @buccocapital on x
You should remember every single person who said these were smart people with a coherent plan There are very few precious moments where you get to clock people's judgement - and we just lived through one. Don't waste it.
@cliffordasness Clifford Asness on x
I'm not at a place to check this stuff myself, but if James is right (and I'd bet he is but again can't check) this is just batshit insane. Oh, and keep reading the subtweets, it gets worse.
@elerianm Mohamed A. El-Erian on x
President Trump's “Declaration of Economic Independence” — that is, America's “turn to prosper” in a new “golden age” — appears in line with the earlier post (below). Specifically, today's announcement of “reciprocal tariffs” center on an across the board 10% levy and
@gopmajoritywhip Tom Emmer on x
For too long, foreign countries have taken advantage of us at the expense of American workers. President @realDonaldTrump says NO MORE.
@jbulltard1 @jbulltard1 on x
Guys $amzn and $meta are fully cucked you're talking a 54% tariff on dropshippers in e-commerce, you know all those guys on twitter who tell you how easy it is is to run an e-commerce co?
@rabois Keith Rabois on x
Trump Derangement Syndrome has morphed into Tariff Derangement Syndrome.
@micah_erfan Micah Erfan on x
yeah, it's over finance bros [image]
@secscottbessent @secscottbessent on x
President Trump signed the Declaration of Economic Independence for the American people. For decades, the trade status quo has allowed countries to leverage tariffs and unfair trade practices to get ahead at the expense of hardworking Americans...
@rapidresponse47 @rapidresponse47 on x
.@POTUS: The United States can no longer produce enough antibiotics to treat our sick. We import virtually all of our computers, phones, televisions, and electronics. A single shipyard in China now produces more ships in one year than all the American shipyards combined. Chronic …
@alecstapp Alec Stapp on x
High tariff rates are what the world's poorest countries do to raise revenue because they lack the state capacity to fund themselves any other way. And now we do too. [image]
@thestalwart Joe Weisenthal on x
Recession odds surged to ~50% on Polymarket [image]
@repbrianbabin Brian Babin on x
Trump's tariffs aren't starting a trade war—they're ending one. For decades, other countries ripped off American workers with unfair tariffs and barriers. Now, we're finally fighting back. America First! [image]
@ivanwerning Ivan Werning on x
You guys keep tweeting. I'm off ordering stuff on Amazon before the tariffs get factored in!
@maxwinebach Max Weinbach on x
32% tariffs on Taiwan including TSMC
@rapidresponse47 @rapidresponse47 on x
FULL LIST: Liberation Day [image]
@jbarro Josh Barro on x
These people do not get that other countries have politics, too
@reprileymoore Rep. Riley M. Moore on x
Communities like mine have been crushed by globalization for decades. The era of economic surrender is finally over — today is liberation day! [video]
@balajis Balaji on x
This is nuking every single supply chain that passes through the US in any way, under the illusion that 45 years of deindustrialization can be fixed in one day of 45% tariffs. Countless low-margin businesses, including US exporters, will be pushed into unprofitability.
@rapidresponse47 @rapidresponse47 on x
Chair of the Council of Economic Advisers @SteveMiran: Foreign countries “will eat the burden of the tax in the long run... they ultimately pay for the burden of the tariff.” [video]
@armanddoma Armand Domalewski on x
this Trump tariff debacle is instructive that “the billionaire oligarchs have too much power” cannot be the ONLY lens through which you see policy—I guarantee the billionaire oligarchs fucking hate this shit
@justinwolfers Justin Wolfers on x
Trump says these tariffs will raise roughly $6 trillion. Assuming that's over a 10-year window, that's $600 billion per year. There are 134 million households, so this is about $5,000 per household per year. And it's like a sales tax, so it's a flat tax. A huge hit to the
@natesilver538 Nate Silver on x
So yeah, scale and size of Trump's tariffs definitely not “priced in” by traders. Likely a rough day in markets tomorrow. Now a 50/50 chance of a recession this year. https://polymarket.com/... [image]
@palmerluckey Palmer Luckey on x
“Unprecedented embrace of protectionism”, they say. No, reciprocal tariffs are the opposite. The whole point is to encourage free trade rather than lopsided “free trade” we currently have with so many countries. “It's very simple. If they charge us, we charge them.”
@dandrezner Daniel W. Drezner on x
Yes, that's exactly how trade wars work, the other side unconditionally surrenders. I swear to God this administration is populated by the dumbest motherf**kers on the planet.
@justinwolfers Justin Wolfers on x
Monstrously destructive, incoherent, ill-informed tariffs based on fabrications, imagined wrongs, discredited theories and ignorance of decades of evidence. And the real tragedy is that they will hurt working Americans more than anyone else.
@thestalwart Joe Weisenthal on x
$NKE is down 12% today. To my mind, this is THE singular emblem of American capitalism. Products designed in the US, manufactured in Asia, while riding a brand identity largely built on the global popularity of American sports and athletes.
@thestalwart Joe Weisenthal on x
“It's surprising stocks are not down even more. Perhaps investors assume cooler heads prevail later. I would not hold your breath.” — Neil Dutta of @RenMacLLC
@rapidresponse47 @rapidresponse47 on x
President Trump has been calling attention to the disaster falsely marketed as “free trade” for decades. In reality, foreign countries have gotten rich at the expense of the American worker. Today, he finally levels the playing field. 🇺🇸 [video]
@esaagar Saagar Enjeti on x
Secretary Bessent says his advice to every country for now is “do not retaliate, sit back, see how it goes”
@rapidresponse47 @rapidresponse47 on x
For generations, countries have taken advantage of the United States. No longer. President Trump is implementing reciprocal tariffs to increase our competitive edge, protect our sovereignty, and strengthen our national and economic security. 🧵
@stavridisj @stavridisj on x
“Liberation"day feels like it'll end up:"Demolition day." Other nations will respond with tariffs on services from US like Google, Meta, Microsoft. Big inflation &subsidy costs.We're pushing allies into China's arms. Best day ever for Belt & Road for China https://www.washingtonp…
@thestalwart Joe Weisenthal on x
To me the most importing thing about today is that they knew what this would do to the market, and did it anyway. If nothing else, that ought to tell you what time it is.
@mystephanomics Stephanie Flanders on x
Madagascar faces nearly highest (47%) tariff in President Trump's plan. It ranks 176th in the world with income per head of $500. None of the 5 facing the highest rates has a per capita GDP over $5000 (or $15,000 PPP adj). Are these now countries the US wants to compete with?
@sec_noem Secretary Kristi Noem on x
For too long, America has been targeted by unfair trade practices that made our supply chain dependent on foreign adversaries, eroded our industrial base, and hurt American workers. This has gravely impacted our national security. President Trump's strong action will help make …
@typesfast Ryan Petersen on x
A cabinet official told me on Friday that the reciprocal duties announced today are the “start, not the end” of the negotiating process. They will make it clear they mean business, and now negotiations will commence. Some countries may respond by increasing duties on U.S. goods,
@deanwball Dean W. Ball on x
it's surprising how many people on the left make no attempt to understand anything the trump administration does. very often, they just ascribe it all to republicans being dumb or chaotic. anecdotally, when I ask these folks if they've engaged with any of the key written work
@ustraderep @ustraderep on x
Ambassador Greer applauds President Trump invoking his authority to impose tariffs under IEEPA to address the national emergency created by the absence of reciprocity in our bilateral trade relationships. @POTUS 's trade action simply asks other countries to follow the Golden Ru…
@macaesbruno Bruno Maçães on x
US already had some of the highest tariffs in the world. Now it will have something like a 29% average tariff [image]
@thestalwart Joe Weisenthal on x
On @Polymarket the odds of a recession this year have jumped above 50% [image]
@brazilbrian Brian Winter on x
First reactions on tariffs: They look much worse for Asia than Latin America. There seems to be some notion in DC that the hemisphere deserves preferential treatment if US is to compete with China. Disruptions for global economy no matter what, but some govts quietly relieved
@dampedspring Andy Constan on x
So the tariff number is complete garbage of trade deficit/trade for each country and Trump is “kindly” making it 1/2. The garbage number misses the point completely. The tariff is the tariff and the rationale of “kindness” is just the gaslighting
@speakerjohnson Speaker Mike Johnson on x
President Trump is sending a clear message with Liberation Day: America will not be exploited by unfair trade practices anymore. These tariffs restore fair and reciprocal trade and level the playing field for American workers and innovators. The President understands that FREE …
@lhsummers Lawrence H. Summers on x
Trump Administration's looming tariff hikes are set to impose an oil crisis-like shock to the economy that shrinks its productive capacity — boosting both prices and unemployment. https://www.bloomberg.com/... via @economics
@atabarrok Alex Tabarrok on x
Look, it's possible to be a professional economist and favor tariffs but these “tariff” numbers are economically illiterate nonsense and any economist on Trump's CEA should be ashamed.
@ramit Ramit Sethi on x
Good evening, MAGA voters. Thanks to your vote, you'll now pay thousands of dollars more per year. Let's begin by taking a tour of your grimy homes. In your kitchen: - Coffeemaker: Likely made in China, Thailand, or Malaysia. You'll now pay 24%-36% more - Sponges: Enjoy the
@typesfast Ryan Petersen on x
The Taiwan tariffs at 32% are massive BUT there is a carve out that they don't apply to semiconductors.
@rapidresponse47 @rapidresponse47 on x
🚨 @POTUS signs an Executive Order instituting reciprocal tariffs on countries throughout the world. It's LIBERATION DAY in America! [video]
@adamscochran Adam Cochran on x
It's wild to see the unified response to these tariffs. Economists, academics, traders, are all stunned at how bad these Trump tariffs are. The only people cheering this on are the ones who've never taken an economics class.
@howardlutnick Howard Lutnick on x
Today, the world starts taking us seriously. Our workforce will finally be treated fairly. [image]
r/technology r on reddit
Apple leads a drop in tech stocks after Trump tariff announcement
r/LinusTechTips r on reddit
Semiconductors might be exempt from tariffs: Some goods will not be subject to the Reciprocal Tariff. These include: ; (3) copper, pharmaceuticals, semiconductors, and lumber articles;
r/Libertarian r on reddit
Trump issues massive tariffs on trading partners
r/pcmasterrace r on reddit
32% TARIFFS JUST ANNOUNCED ON TAIWAN. Expect GPUs to rise by up to 32%. All other components expect a 20% increase that hasn't been priced in yet. …
r/politics r on reddit
Regulating Imports with a Reciprocal Tariff to Rectify Trade Practices that Contribute to Large and Persistent Annual United States Goods Trade Deficits
r/politics r on reddit
Trump Closes De Minimis Exemptions
r/China_irl r on reddit
特朗普新增关税不包含半导体
r/StockMarket r on reddit
new US Tariffs to exclude: copper, pharmaceuticals, semiconductors, lumber
r/Economics r on reddit
new US Tariffs to exclude: copper, pharmaceuticals, semiconductors, lumber
r/unusual_whales r on reddit
new US Tariffs to exclude: copper, pharmaceuticals, semiconductors, lumber
r/stocks r on reddit
Apple Shares Slide After Tariffs Threaten to Hit Production Hubs
r/DHgateVip r on reddit
Trump Closes De Minimis Exemptions
r/wallstreetbets r on reddit
Some goods will not be subject to the Reciprocal Tariff. These include: semiconductors
r/WildRoseCountry r on reddit
Fact Sheet: President Donald J. Trump Declares National Emergency to Increase our Competitive Edge, Protect our Sovereignty, and Strengthen our National and Economic Security
r/OnerActive r on reddit
TARIFF UPDATE 🚨
r/Aliexpress r on reddit
Official De Minimis End Fact Sheet
r/RepsneakersDogs r on reddit
And that day has arrived. No more tax-free items below 800$. De minimis is officially closed and we can expect that rep prices will skyrocket
r/onguardforthee r on reddit
Fact Sheet: President Donald J. Trump Declares National Emergency to Increase our Competitive Edge, Protect our Sovereignty, and Strengthen our National and Economic Security
r/trump r on reddit
Fact Sheet: President Donald J. Trump Declares National Emergency to Increase our Competitive Edge, Protect our Sovereignty, and Strengthen our National and Economic Security
r/Aliexpress r on reddit
Welp, there it is.
@evystadium Evy Kwong on bluesky
also this — “Apple, Amazon, and other tech companies reliant on global supply chains stand to lose the most from Trump's trade policies, but some software firms expect more demand for their services.”
@katie-drummond Katie Drummond on bluesky
One notable tech winner from Trump's tariffs: Palantir, which jumped on the announcement to promote an AI service they claim helps businesses ensure that “tariff-related decisions consider the full operational context.” — www.wired.com/story/trump-...
@tonyalbrecht Tony Albrecht on bluesky
The Switch 2 costs $450 US. — The Tariff on China (where most Switches are made) is 54% (www.bbc.com/news/article...) — So Switch 2 in US should now cost $450 + 1.54 = $693? — Is that right? Ouch.
@mingchikuo @mingchikuo on x
With 85-90% of Apple's hardware assembly based in China and the rest in India and Vietnam, the Trump administration's new tariff policies—imposing 54%, 26%, and 46%, respectively—will significantly raise costs for hardware exports to the US. If Apple keeps prices unchanged, its
@markgurman Mark Gurman on x
With 54% tariffs on goods from China, seems essentially impossible there won't be Apple price increases in the U.S. — If this holds, of course.
@rogerentner Roger Entner on x
No matter who will have to pay for the tariffs, it looks inevitable that the handset replacement cycle will get even longer.
@tailosivetech @tailosivetech on x
Highly likely all iPhones will be more expensive this year. iPhone 16e was ahead of its time 🤣 [image]
@paulg Paul Graham on x
This aged unfortunately well.
@obrien Chris O'Brien on x
Apple sources iPhone materials from a global network of suppliers, utilizing raw materials like aluminum, cobalt, and lithium from regions including Africa, South America, and Australia.
@markgurman Mark Gurman on x
Trump's new massive tariffs on India, Vietnam, Malaysia, Thailand and elsewhere wipe out one of the reasons Apple diversified from China. Apple shares are plummeting and are now down 8% after hours. https://www.bloomberg.com/...
@rogerentner Roger Entner on x
It will be interesting to see how the different carriers will respond to the increase in tariffs on mobile handsets. Those iPhones will get hundreds of dollars more expensive translating into billions in aggregate. iPhone 16/S25 on us might be a thing of the past or carriers wil…
@thestalwart Joe Weisenthal on x
This is great from @adam_tooze on $NKE's exposure to Vietnam, and the sheer scale of resources that are now under massive tariffs [image]
r/technology r on reddit
Apple has its biggest stock drop in five years because of Trump's tariffs / Amazon and Meta shares are down about 7%.
r/apple r on reddit
Apple Shares Slide After Tariffs Threaten to Hit Production Hubs
r/geopolitics r on reddit
Trump Tariffs Everyone
@fluffybottomedboy @fluffybottomedboy on bluesky
Still not sure what a tardos actually is. Is this good? [embedded post]
@blackballer Max P III on bluesky
I love this country. Endless comedy. [embedded post]
@michaelmartinez.co Michael Martinez on bluesky
The entire Trump Administration is one big hallucination. [embedded post]
@mgearsolidarity @mgearsolidarity on bluesky
I bet it gets traced back to a shitpost on r/economicscirclejerk or something [embedded post]
@seaks @seaks on bluesky
Bloomberg stated yesterday they were still formulating the plan hours before the rose garden event .. so they just asked ChatGPT what to do? [embedded post]
@jakelahut.writes.news Jake Lahut on bluesky
I guess the conclusion of this story is: we're closer to the AI chat bot consensus on trade policy than that of actual economists www.theverge.com/news/642620/ ...
@sanktmaxtci @sanktmaxtci on bluesky
They used a so-called ‘AI’ to decide the rates, didn't they. Has anything produced so much stupidity as the belief in “intelligence” as a posited substance, such that it can be quanitified and exploited? www.ft.com/content/e025...
@d_boeckner Boeckner on x
To everyone who's freaking out about the economy right now: you still don't get it. You can use multiple slurp juices on a single ape. So if you have 1 astro ape and 3 slurp juices you can create 3 new apes
@drewpavlou Drew Pavlou on x
Holy shit the Trump admin legitimately seems to have used ChatGPT to devise the tariff rate
@bennpeifert @bennpeifert on x
literally cannot make this sh*t up
@drewpavlou Drew Pavlou on x
If you ever feel sense of imposter syndrome just realise that some retarded 25 year old DOGE staffer did trillions in global economic damage by asking ChatGPT to produce the stupid equation for the reciprocal tariff rate And he won't be fired, there will be no self reflection,
@theomniliberal Destiny on x
I think they asked ChatGPT to calculate the tariffs from other countries, which is why the tariffs make absolutely no fucking sense. They're simply dividing the trade deficit we have with a country with our imports from that country, or using 10%, whichever is greater. [image]
@brendan_duke Brendan Duke on x
Incredible stuff—they wanted to make the thing seem more sophisticated than it is so they threw in two Greek letters but selected values that cancel out so it's still just trade deficit divided by imports. [image]
@kushdesai47 Kush Desai on x
This is incorrect. https://ustr.gov/... [image]
@krishnanrohit Rohit on x
This might be the first large-scale application of AI technology to geopolitics.. 4o, o3 high, Gemini 2.5 pro, Claude 3.7, Grok all give the same answer to the question on how to impose tariffs easily. [image]
@geiger_capital @geiger_capital on x
This guy cracked the tariff formula: @orthonormalist It's simply the nation's trade deficit with us divided by the nation's exports to us. Yes. Really. Vietnam: Exports 136.6, Imports 13.1 Deficit = 123.5 123.5/136.6 = 90% [image]
r/artificial r on reddit
Trump's new tariff math looks a lot like ChatGPT's
r/politics r on reddit
Trump's new tariff math looks a lot like ChatGPT's
r/politics r on reddit
Reciprocal tariffs: you won't believe how they came up with the numbers
r/europe r on reddit
Reciprocal tariffs: you won't believe how they came up with the numbers
@aaronandml Aaron Rubin on x
Trump just signed an executive order ending de minimis aka 321 loophole from China. I guess 321 is still valid from all the other tariffed countries.
@aaronandml Aaron Rubin on x
After the speech, Trump signed an Executive Order to end the de minimis loophole from China. The problem is he already signed that 2 months ago, to occur once systems are ready. So: 1. the systems are ready 2. this ends de minimis from everywhere 3. they forgot the previous EO
@senbillcassidy U.S. Senator Bill Cassidy on x
Currently, “de minimis” shipments account for 92% of all cargo entering the U.S. China takes advantage of de minimis to dump billions of cheap goods into our economy that are subsidized through China's lack of labor and pollution standards.
@dominicjpino Dominic Pino on x
The reason the de minimus exemption exists is that it's not worth the cost to process and collect a tariff on some tiny package. You have to pay customs agents and operate systems that cost more than the revenue. The “government efficiency” administration is getting rid of it.
@typesfast Ryan Petersen on x
Buried in today's Executive Order on tariffs is a bombshell: Duty free “de minimus” shipping is being eliminated from ALL countries as soon as the systems are ready.
@nic__carter Nic Carter on x
Shein, Temu, and Aliexpress are dead in the US. Big win for domestic sellers. Fewer counterfeit products on Amazon. A very good rule.
@senbillcassidy U.S. Senator Bill Cassidy on x
The president's trade agenda can pave the way for stronger trade deals, fairer rules, and real results. I am excited to work with President Trump to make it happen. Louisiana's workers and families deserve nothing less.
r/TemuThings r on reddit
In June, the U.S. govt will require you to pay $50 for each package you receive from China, including from Temu.
@annmlipton Ann M. Lipton on bluesky
HEDGING! [embedded post]
r/Buttcoin r on reddit
Wasn't this guy supposed to be the crypto president?
@teroterotero Tero Kuittinen on x
I did not realize that college educated people can believe that trade deficits should be eliminated. That America should have balanced trade with every country in the world. Live and learn. And we will learn.
@fromedome Dan Frommer on x
Anyway going to start tweeting like it's 2009 again

Chronicles

Tech stocks fall after President Trump announced new global tariffs: Meta drops as much as ~8%, Amazon drops ~7%, Nvidia ~5%, Alphabet ~4%, and Microsoft ~3%

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