Craig Fuller, founder of FreightWaves and once a potential Trump transportation pick, says the 145% tariffs on Chinese goods have triggered a supply chain collapse, truck traffic from LA ports is down 23%, with 50% import drops predicted. Even major logistics firms like Knight-Swift blame "toxic tariffs" for plummeting volumes.
Yes heartbreaking! I don't care about all those people being detained and deported unlawfully. But think of poor old me, I got what I voted for and now I'm sad! How could I've ever expected him to do what he's known for, running things into bankruptcy?!
That is a real shame. All these people are choosing to be poor. The real trick of this whole thing is you need to be independently wealthy for it to work for you. If only these folks understood that, they might choose differently.
At some level, I'm just jealous of these people for getting what they voted for. I haven't gotten what I voted for ever since I was old enough to vote.
Craig Fuller thought he was voting for business savvy, not economic shock therapy.
Does he know anything at all about the felon who has left a long trail of failed businesses and can bankrupt a casino three casinos? Trump is doing pretty much exactly what he said he'd do and any CEO that doesn't know that deserves to be unemployed.
I thought it was 5 casinos and a resort (with a casino on)...?
Edit:
Bankruptcies were...
1991: Trump Taj Mahal
1992: Trump Castle Hotel & Casino
1992: Trump Plaza Casino
1992: Trump Plaza Hotel (not a casino, just a hotel.)
2004: Trump Hotels & Casino Resorts
2009: Trump Entertainment Resorts (casino holding company. FFS, not only did he bankrupt casinos. Which is one of the most lucrative businesses out there, he also bankrupted a company that handles the casinos. How the fuck is that even -legally- possible to bankrupt a company that owns the most lucrative businesses!!!)
There are numerous other businesses that also failed spectacularly. Plus there 'businesses' that were just scams, the university that never was.
Promises of extensive redevelopment that got 'put on hold' after his golf courses got built etc.
In his view, the 145% tariffs on Chinese goods are functionally an embargo, and they’ve been rolled out so suddenly that U.S. companies haven’t had time to adapt. “It’s too much too fast,” Fuller told reporters in a phone interview. “The economy can’t absorb it.”
Man helps throw gasoline on his own house that was set fire by arsonist who told everyone he was going to burn houses ..... the man who threw gasoline around is now heartbroken that his house is on fire.
Doesn't anyone care about the poor CEOs anymore? Lol. Trump said he was going apply tariffs, which always reduce trade. He's getting exactly what he voted for.
That's all these people care about. The US can become a country that only knows how to make weird AI advertisements and MLM scams, and so long as GDP goes up these people will think everything is fine.
"But how could the Leopards eat MY face???" screamed the man who voted for the Leopards-Eating-People's-Faces Party at the Leopards-Eating-People's-Faces Party rally.