I know I spend a lot of time writing about the tariffs and their effects on this country that is because there is a wealth of misconceptions about these lame economic moves….for one no country pays these tariffs….YOU pay for them every time you go shopping.

With that said…..

Remember when Amazon stated that they would be labeling their products with the cost to the consumer and Donny went batcrap crazy and called Bezos to have the idea squashed and it was?

Personally I thought it was a good idea but Donny does not want you to know how badly you will be getting screwed….but guess what a majority thinks the Amazon idea is a great one….

YouGov released a new poll this week on Americans’ views of President Donald Trump, his handling of the economy, and their optimism for the future. The poll found a whopping 75% of Americans believe that Trump’s tariffs will increase prices, and a strong majority wants those additional costs explained to them on the packaging.

The poll of 1,850 adult U.S. citizens, conducted between May 2nd and 5th, also found that “Majorities of Democrats and Republicans think Trump’s tariffs will lead to price increases. Among Republicans, the share who think tariffs will raise prices ‘a lot’ has increased 8 percentage points in the past two weeks, to 22% from 14%.”

Additionally, 46% of respondents said they believe that Trump’s tariffs “are harmful to the economy and consumers, with no real long-term benefits” – as opposed to 38% who said the tariffs “may cause short-term economic pain, but lead to long-term economic growth.”

But yet there are those that want to idolize Donny and his ignorance and defend these ‘taxes’ on the rest of us.

Donny has waffled on several of his tariffs and what did that achieve?

While the various tariff rollbacks and pauses have been welcomed by businesses, the respite has not removed uncertainty entirely. Brief pauses in tariffs are not sufficient for many companies to make longer-term investment or supply chain decisions.

There are fears that the uncertainty is taking a toll on the US economy. A Bloomberg poll of economists put the chances of a recession next year at almost 50-50, the news agency reported on Monday.

The farmer will most likely get hit hard…..plus could endanger our food supply…..

Specifically, while Trump publicly proclaims that he stands with farmers, his tariff war with China stands to rob producers of their markets.  Since Trump’s last term, China has already been looking to countries like Brazil for soybeans as the US has proven an unreliable partner.  Adding insult to injury, unexpectedly cancelling government contracts with thousands around the country early in his term placed undue stress on farmers who already have to contend with what extreme weather events throw their way.

Now, with the details of the UK-US trade deal becoming known, the signal – that is, the truth – of the Trump administration’s vision for agriculture is coming into view. To the point, not unlike how US agriculture has been directed for the past few decades, it is becoming clear that this administration will prioritize exports. The problem with this vision is that, even if it generates short-term profits, it endangers our long-term national food security by dangerously further internationalizing our agricultural system.

…

Trump’s efforts to undo the previous administration’s policies set up our food system for disruption and crisis, subjecting farmers to the uncertainties of international markets and developments elsewhere. If there is a signal with the noise that Trump is making with our food system, then this is it – farmers better get ready for a volatile next few years and more bailouts, as operations will continue to go under. Overall, Trump’s nationalist rhetoric amounts to little, as our food system becomes more global, increasingly made vulnerable to dynamics outside our control.

https://www.counterpunch.org/2025/05/15/trumps-trade-deals-endanger-farmers-and-our-food-system/

Prices will head up….Walmart has made a statement and the prez has leveled his ire on the company….

President Trump’s tariffs are just “too high,” according to Walmart, which says it will raise prices, including on some food items, in response. Walmart CEO Doug McMillon said Thursday that tariffs on China are pushing up the costs of electronics and toys, while tariffs on Costa Rica, Peru, and Colombia are increasing the costs of some foods, reports CNBC. “The higher tariffs will result in higher prices,” McMillon said on an earnings call, per CNN. “We will do our best to keep our prices as low as possible. But given the magnitude of the tariffs, even at the reduced levels announced this week, we aren’t able to absorb all the pressure given the reality of narrow retail margins.”

Customers should expect price hikes beginning later this month, per CNN. “You’ll begin to see that, likely towards the tail end of this month, and then certainly much more in June,” Walmart CFO John David Rainey tells CNBC. He admits this is “not good for consumers,” per Reuters, but stresses the US is dependent on certain imports, whose prices have climbed dramatically under Trump’s tariffs. “The magnitude and speed at which these prices are coming to us is somewhat unprecedented in history,” he tells the Wall Street Journal. Though Walmart welcomed the recent deal to lower tariffs on Chinese imports from 145% to 30%, it said the remaining level is still “too high,” per CNBC.

Such statements risk Trump’s ire. The White House attacked Amazon’s reported plan to show the added cost of tariffs on some items as a “hostile and political act,” while Trump threatened a 100% tariff on Mattel’s toys after the company announced it would raise prices in response to tariffs last week. Walmart appears confident in its position, however. Of the trade war, Rainey told analysts, “We are equipped to manage this as well or better than other retailers,” per Investing.com. Walmart continues to expect annual sales to climb between 3% and 4% for the fiscal year ending in January, per Reuters.

He be pissed!

Will he threaten Walmart and make them change their tone as he did with Amazon?

You decide.

I Read, I Write, You Know

“lego ergo scribo”