Can't see the FT column, reporting elsewhere stating the tariff's are nothing to do with actual tariffs charged by other countries but based on the balance of payments.
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Remember Tim Cook kissing the ring?
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Oh noooooooooooo! Those B’s are worth as much as my daughter’s icecream shop cash in her tiny till.Comment
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Yet another extension for TikTok.
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Well, as of today, after yo-yoing a bit in recent weeks, my stocks and shares ISA is worth slightly less now than what I put in.
So now the actions of Musk, Trump and the rest are actually costing me real money. Fortunately this is only one portion of my savings.Comment
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My puny pensions only started recovering in the last financial year. I suppose it could tank again. 🙄Comment
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I have some shares I was keeping to pay off the other half’s car. They’ve lost about 30% of their value this week! Thanks Mango Mussolini you utter idiot.Comment
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"Hang tough, it won't be easy but the end result will be historic", Trump says.
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Stock Market Performance by President | MacroTrends
If you enable all the available Presidents it shows that Trump 2.0 is on course to hot Bush's lowest ecomonic point in half the time, overtake Reagan's lowest point by Monday, overtake Carter's lowest point in half the time, hit Nixon's lowest point at a fraction of the time and has already beaten every other of his peers with only two finding themselves navigating a much worse economy than the US is currently under - Hoover and Coolidge - the Depression Era leaders.
And Hoover didn't self-impose it
And the US economy has yet to be hit by further tariffs from Trump
Or other nation responses
At current rate America will enter recession just after Christmas 2025
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