It’s Wednesday…
President Shitshow’s public schedule for…
| Wednesday, April 9 2025 |
| 9:00 AM In-Town Pool Call Time The White House In-Town Pool |
| 2:00 PM The President participates in a Photo Opportunity with Racing Champions South Portico White House Press Pool |
| 2:30 PM The President signs Executive Orders Oval Office Closed Press |
Another Day Another Wild Ride…
President Shit Stain is “PANICAN” over at “Lies Social” this AM…
This morning China and the EU announced their retaliatory tariffs to the tariffs that President Tariff placed on them trying to say they were “reciprocal” tariffs…
China’s statement as translated by Google:
April 9, 2025 Source: Office of the Tariff Commission of the State Council
On April 8, 2025, the US government announced that it would increase the “reciprocal tariff” on Chinese goods exported to the US from 34% to 84%. The US’s practice of escalating tariffs on China is a mistake on top of a mistake, which seriously infringes on China’s legitimate rights and interests, seriously damages the rules-based multilateral trading system, and seriously impacts the stability of the global economic order. It is a typical example of unilateralism, protectionism, and economic bullying.
In accordance with the Tariff Law of the People’s Republic of China, the Customs Law of the People’s Republic of China, the Foreign Trade Law of the People’s Republic of China and other laws and regulations and the basic principles of international law, and with the approval of the State Council, the State Council Tariff Commission announced that from 12:01 on April 10, 2025, the tariff rate specified in the Announcement of the State Council Tariff Commission on Imposing Additional Tariffs on Imports Originating in the United States (Tariff Commission Announcement No. 4 of 2025) will be adjusted from 34% to 84%. Other matters shall be implemented in accordance with the Announcement No. 4 of 2025 of the Tariff Commission.
China urges the US to immediately correct its wrong practices, cancel all unilateral tariff measures against China, and properly resolve differences with China through equal dialogue on the basis of mutual respect.
Office of the Tariff Commission of the State Council. 04/09/2025.
The EU’s tariff announcement is more measured from what CNBC reports:
The European Union on Wednesday voted to approve its first set of retaliatory measures to counter tariffs imposed by the U.S. on steel and aluminum.
The European Commission, the bloc’s executive arm, said duties would start being collected on a first tranche of tariffs on U.S. imports from April 15, with a second set of measures following on May 15. According to a draft document seen by CNBC in March, the tariffs target a wide range of goods, including poultry, grains, clothing and metals. The EU has not released a final list of impacted products, and declined to comment further on Wednesday.
CNBC. 04/09/2025.
They quote the European Commission as saying:
The EU considers US tariffs unjustified and damaging, causing economic harm to both sides, as well as the global economy. The EU has stated its clear preference to find negotiated outcomes with the US, which would be balanced and mutually beneficial. These countermeasures can be suspended at any time, should the US agree to a fair and balanced negotiated outcome
CNBC. 04/09/2025.
Last night at a dinner President Shit’s that Rambles a-lot said that the next round of tariffs he’s gonna place are on pharmaceutical company’s…
Trump: “We’re gonna tariff our pharmaceuticals … we’re going to be announcing very shortly a major tariff on pharmaceuticals.” pic.twitter.com/AzewiYDoHC
— Aaron Rupar (@atrupar) April 9, 2025
Hours before President Shit for Brains announced the latest bad news for the American consumer, US Trade Representative, Jamieson Greer, told Senator Tillis that for now they have excluded “pharmaceuticals and semiconductors” from the tariff list.
WATCH: Sen. Thom Tillis (R-N.C.) expressed deep frustration with President Trump’s tariffs during a hearing featuring the top White House trade negotiator.
— The Hill (@thehill) April 8, 2025
“Whose throat do I get to choke if this proves to be wrong?,” Tillis asked U.S. Trade Representative Jamieson Greer… pic.twitter.com/d7HNPOo7gW
Show more =’s “Whose throat do I get to choke if this proves to be wrong?,” Tillis asked U.S. Trade Representative Jamieson Greer during his appearance before the Senate Finance Committee.
I heard this clip yesterday and Tillis isn’t wrong in his frustration but he needs to, like many other Republicans need to, face the facts that the person, the one person that decided on this approach of blanket tariffs was in fact President Fuckstick himself, Donald Trump.
The facing of facts by Republicans isn’t going to happen any time fucking soon…
BREAKING TARIFF NEWS w @LauraEWeiss16 — HOUSE REPUBLICANS are using the rule for the budget resolution to TURN OFF privilege for any resolution dealing with the April 2 trade emergency.
— Jake Sherman (@JakeSherman) April 9, 2025
This makes it impossible for anyone to file disapproval resolutions on tariffs through Sept…
Show more =’s This makes it impossible for anyone to file disapproval resolutions on tariffs through Sept 30.
Also this morning regarding the budget that House is likely to pass today…
Comer: “What we’ve gotta do is what President Trump wants.” pic.twitter.com/VXLl7A6oCT
— Aaron Rupar (@atrupar) April 9, 2025
This is an open thread
PS.
In other economic news…
Delta pulls guidance.
— Geiger Capital (@Geiger_Capital) April 9, 2025
Walmart pulls guidance.
Just the start of an earnings season theme pic.twitter.com/VTApjQvAZ7
We should see mortgage rates back above 7% in the coming days.
— The Kobeissi Letter (@KobeissiLetter) April 9, 2025
Bond markets are trading as if we are in a full-on bull market while stocks are crashing.
Something is clearly broken here.
Follow us @KobeissiLetter for real time analysis as this develops.
The broken down fuckstick in the White House…
That’s what’s broken here.
Be cool, everyone!
He Caved…
We have breaking news in the on-going saga that is the no good terrible idea trade war started by President PANICAN…
China’s lack of respect =’s not bending to suck trump cock, sorry, this man has me livid today.
So, because the markets and businesses and families like economic instability he announced…
125 percent tariffs on China, but “conversely” he has out of the goodness of his small brain decided to pause tariffs on the other countries (sort of) for 90 days for “negotiations”…
Everyone still has a 10 percent tariff, I guess, but the point is, he caved.
This tossing everyone under the bus that defended his shitty tariff plan over the weekend and through this morning…
That includes Baby barbie herself…
Leavitt: The president was asked and answered this. He said he’s not considering an extension or delay pic.twitter.com/Kgqrx1iUuI
— Acyn (@Acyn) April 8, 2025
The stock market has responded as expected…
This of course, begs the question I’ve already seen twice in just a few short minutes…
why would any company commit to bringing manufacturing back to America when Trump's tariff policies literally change multiple time a day based on his whims?
— Aaron Rupar (@atrupar) April 9, 2025
Halting the tariffs seems better than going forward with them, but again how on earth are you expecting anyone to invest in any new manufacturing if there’s no telling what policy will be tomorrow?
— Matthew Yglesias (@mattyglesias) April 9, 2025
Meanwhile back at the asylum, our Treasury Secretary is saying this was the plan all along!!!
Bessent: Trump and I had a long talk on Sunday and this was his strategy all along. You might even say that he goaded China into a bad position.. They have shown themselves to the world to be the bad actors pic.twitter.com/DZwQQGg0f2
— Acyn (@Acyn) April 9, 2025
Nope.
— Newshound (@NewsiesNeighbor) April 9, 2025
If this were chicken, it would mean trump pulled over first.
