this post was submitted on 03 Apr 2025
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politics

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Summary

U.S. stock futures dropped sharply Wednesday evening after Trump announced sweeping global tariffs, including a 10% baseline on all imports and 25% on autos.

As of 6:30 p.m. ET, Dow futures fell 2.43%, S&P 500 futures 3.60%, and Nasdaq futures 4.46%, contrasting with modest gains earlier in the day.

Trump framed the move as “Liberation Day,” but investors and economists raised alarms.

Goldman Sachs now sees a 35% recession risk, citing falling consumer confidence and the administration’s readiness to endure short-term economic pain to advance its trade agenda.

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[–] [email protected] 70 points 1 day ago (14 children)

It takes a special kind of stupid to schedule a recession.

[–] [email protected] 24 points 1 day ago (3 children)

He starts to remind me of Liz Truss, afraid he won't leave office as soon as she did tho

[–] [email protected] 18 points 1 day ago (1 children)

Trump already outlasted the lettuce, unfortunately.

[–] [email protected] 3 points 1 day ago

... even though the fat asshole would never eat one.

[–] [email protected] 8 points 1 day ago

I'd rather have the lettuce as president.

[–] [email protected] 3 points 1 day ago (1 children)

Liz lasted like 2 weeks or something.

[–] [email protected] 5 points 1 day ago (1 children)
[–] [email protected] 1 points 1 day ago (1 children)
[–] [email protected] 2 points 1 day ago (1 children)
[–] [email protected] 2 points 20 hours ago* (last edited 20 hours ago)

Bro looks like a cartoon version of himself converted back to a real person.

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