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#recession

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Nonilex<p><a href="https://masto.ai/tags/OnlineShopping" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>OnlineShopping</span></a> on <a href="https://masto.ai/tags/Shein" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Shein</span></a> &amp; <a href="https://masto.ai/tags/Temu" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Temu</span></a> will cost more thanks to <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a>’s <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> </p><p>Starting Friday, American shoppers will be paying import duties of up to 145% on their orders from <a href="https://masto.ai/tags/China" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>China</span></a>, as the US ends a legal loophole that once exempted tariffs on low-value packages shipped from China.</p><p><a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>inflation</span></a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>recession</span></a> <br><a href="https://www.npr.org/2025/05/02/nx-s1-5383909/trump-china-shein-temu-tariffs" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">npr.org/2025/05/02/nx-s1-53839</span><span class="invisible">09/trump-china-shein-temu-tariffs</span></a></p>
Preston MacDougall<p><span class="h-card" translate="no"><a href="https://newsie.social/@TheConversationUS" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>TheConversationUS</span></a></span> It wouldn't be a <a href="https://mstdn.science/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>recession</span></a> worthy of the name <a href="https://mstdn.science/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> if it wasn't YUGE!</p><p><a href="https://mstdn.science/tags/AmericanCarnage2" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>AmericanCarnage2</span></a>.0 is all shock and no awe. Be prepared to <a href="https://mstdn.science/tags/resist" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>resist</span></a> in order to <a href="https://mstdn.science/tags/SaveAmerica" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SaveAmerica</span></a>.</p>
RememberUsAlways<p>US markets muted on open with no clear direction and zero momentum after <a href="https://newsie.social/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> <a href="https://newsie.social/tags/Tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Tariffs</span></a> continue to prolong <a href="https://newsie.social/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>inflation</span></a>. <br><a href="https://newsie.social/tags/stigma" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>stigma</span></a> <br><a href="https://newsie.social/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>recession</span></a> <br><a href="https://newsie.social/tags/CNBC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CNBC</span></a></p>
RememberUsAlways<p>They were both screaming <a href="https://newsie.social/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>recession</span></a> the last four years on the <a href="https://newsie.social/tags/softlanding" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>softlanding</span></a> .</p>
William Lindsey :toad:<p>"Continuing claims, which run a week behind and provide a broader view of layoff trends, rose to 1.92 million, up 83,000 to the highest level since Nov. 13, 2021."</p><p>Note: 2021 was a Covid year.</p><p><a href="https://toad.social/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> <a href="https://toad.social/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://toad.social/tags/unemployment" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>unemployment</span></a> <a href="https://toad.social/tags/jobs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>jobs</span></a> <a href="https://toad.social/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> <a href="https://toad.social/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>recession</span></a> <br>/2</p>
William Lindsey :toad:<p>"Weekly jobless claims surge to 241,000, more than expected, in latest sign of economic trouble</p><p>First-time filings for unemployment insurance totaled a seasonally adjusted 241,000 for the week ended April 26, up 18,000 from the prior period and higher than the estimate for 225,000."</p><p>~ Jeff Cox</p><p><a href="https://toad.social/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> <a href="https://toad.social/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://toad.social/tags/unemployment" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>unemployment</span></a> <a href="https://toad.social/tags/jobs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>jobs</span></a> <a href="https://toad.social/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> <a href="https://toad.social/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>recession</span></a> <br>/1</p><p><a href="https://www.cnbc.com/2025/05/01/weekly-jobless-claims-surge-to-241000.html" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">cnbc.com/2025/05/01/weekly-job</span><span class="invisible">less-claims-surge-to-241000.html</span></a></p>
janhoglund<p>“…as the data get worse, which they will. …I worry a lot about Trump putting pressure on the statistical agencies to report better numbers. He has already said that reports of rising prices are “fake news”.”<br>—Paul Krugman, It’s Trump’s Economy Now<br><a href="https://mastodon.nu/tags/trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>trump</span></a> <a href="https://mastodon.nu/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>inflation</span></a> <a href="https://mastodon.nu/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>recession</span></a></p>
Nonilex<p>2 <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> admin ofcls &amp; a Trump aide tell Rolling Stone that they have done some stockpiling of their own in recent weeks or months, &amp; that they know others working in <a href="https://masto.ai/tags/Republican" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Republican</span></a> politics—inside &amp; outside of the admin—who are doing the same. One of the Trump ofcls says they have already run to Target to bulk-buy toilet paper, some types of food, &amp; other household supplies.</p><p><a href="https://masto.ai/tags/US" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>US</span></a> <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>inflation</span></a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>recession</span></a> <a href="https://masto.ai/tags/trumpcession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>trumpcession</span></a></p>
Nonilex<p>…experts have warned consumers not to hoard supplies &amp; goods…</p><p>Well, many Americans aren’t listening…, instead preparing for the possibility of store shelves being bare amid a <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a>-inflicted <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>recession</span></a>. Funnily enough, this includes a number of govt ofcls &amp; staffers working directly for the man who launched these massive new trade wars, all on the grounds of bad <a href="https://masto.ai/tags/tariff" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariff</span></a> math &amp; the flimsy premise that he would bring economic “liberation” to America &amp; make the country “wealthy again.”</p><p><a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a></p>
Nonilex<p>Spooked By <a href="https://masto.ai/tags/TradeWars" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TradeWars</span></a>, <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> Officials Hoard Supplies: ‘IT WOULD BE STUPID NOT TO!’</p><p>Some Trump admin officials are stockpiling toilet paper &amp; food before Trump’s <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> cause prices to skyrocket</p><p>By ASAWIN SUEBSAENG</p><p><a href="https://masto.ai/tags/US" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>US</span></a> <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>inflation</span></a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>recession</span></a> <a href="https://masto.ai/tags/trumpcession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>trumpcession</span></a> <br><a href="https://www.rollingstone.com/politics/politics-features/trump-officials-hoarding-supplies-trade-war-tariffs-1235329235/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">rollingstone.com/politics/poli</span><span class="invisible">tics-features/trump-officials-hoarding-supplies-trade-war-tariffs-1235329235/</span></a></p>
William Lindsey :toad:<p>"When the rain falls, Trump wants credit. When the rain stops, Biden’s to blame."</p><p>~ Andrew Egger </p><p><a href="https://toad.social/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> <a href="https://toad.social/tags/Republicans" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Republicans</span></a> <a href="https://toad.social/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://toad.social/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> <a href="https://toad.social/tags/SupplyChain" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SupplyChain</span></a> <a href="https://toad.social/tags/China" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>China</span></a> <a href="https://toad.social/tags/toys" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>toys</span></a> <a href="https://toad.social/tags/Christmas" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Christmas</span></a> <a href="https://toad.social/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>recession</span></a> <br>/21</p><p><a href="https://www.thebulwark.com/p/donald-trump-an-all-powerful-president-economy-polling-heads-i-win-tails-you-lose" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">thebulwark.com/p/donald-trump-</span><span class="invisible">an-all-powerful-president-economy-polling-heads-i-win-tails-you-lose</span></a></p>
William Lindsey :toad:<p>"This is the Seattle Harbor this week, normally filled with cargo ships. It’s empty. Ominous signs of things to come for the U.S. economy."</p><p>~ Ellie Leonard</p><p><a href="https://toad.social/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> <a href="https://toad.social/tags/Republicans" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Republicans</span></a> <a href="https://toad.social/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://toad.social/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> <a href="https://toad.social/tags/SupplyChain" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SupplyChain</span></a> <a href="https://toad.social/tags/China" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>China</span></a> <a href="https://toad.social/tags/toys" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>toys</span></a> <a href="https://toad.social/tags/Christmas" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Christmas</span></a> <a href="https://toad.social/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>recession</span></a> <a href="https://toad.social/tags/Seattle" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Seattle</span></a> <br>/20</p><p><a href="https://www.threads.com/@redpencilscript/post/DJHDGWtAaTs" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">threads.com/@redpencilscript/p</span><span class="invisible">ost/DJHDGWtAaTs</span></a></p>
William Lindsey :toad:<p>"The recession will make its way east from Seattle and Los Angeles as trucks and freight trains carry less cargo overland. The port of New York–New Jersey, which is less reliant on China, is doing pretty well for now, which is good because transportation, warehousing, and storage account for more than 17 percent of all jobs in the Garden State."</p><p><a href="https://toad.social/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> <a href="https://toad.social/tags/Republicans" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Republicans</span></a> <a href="https://toad.social/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://toad.social/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> <a href="https://toad.social/tags/SupplyChain" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SupplyChain</span></a> <a href="https://toad.social/tags/China" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>China</span></a> <a href="https://toad.social/tags/toys" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>toys</span></a> <a href="https://toad.social/tags/Christmas" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Christmas</span></a> <a href="https://toad.social/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>recession</span></a><br>/19</p>
William Lindsey :toad:<p>"In Seattle, cargo shipments are down 60 percent. Los Angeles will be next. As recently as November, the Los Angeles Times reported that cargo traffic at the ports of Los Angeles and Long Beach reached record highs. But last week, it quoted the port’s executive director, Gene Seroka, predicting that 'in two weeks’ time, arrivals will drop by 35 percent.'”</p><p><a href="https://toad.social/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> <a href="https://toad.social/tags/Republicans" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Republicans</span></a> <a href="https://toad.social/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://toad.social/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> <a href="https://toad.social/tags/SupplyChain" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SupplyChain</span></a> <a href="https://toad.social/tags/China" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>China</span></a> <a href="https://toad.social/tags/toys" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>toys</span></a> <a href="https://toad.social/tags/Christmas" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Christmas</span></a> <a href="https://toad.social/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>recession</span></a><br>/18</p>
RememberUsAlways<p>US markets attempting multiple day surge to repair <a href="https://newsie.social/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> <a href="https://newsie.social/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>recession</span></a> with <a href="https://newsie.social/tags/China" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>China</span></a> <a href="https://newsie.social/tags/tradewar" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tradewar</span></a> looming in the shadows. <br>Sell in May and walk away?<br><a href="https://newsie.social/tags/premarket" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>premarket</span></a> <br><a href="https://newsie.social/tags/investing" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>investing</span></a></p>
Continued thread

The 49-49 vote fell short of the majority needed to pass the resolution & send it on to the #House.

Republican support was down from just weeks ago, when 4 #Senate #Republicans joined #Democrats to pass a similar bill to terminate new #tariffs on #Canada. Republicans hold a 53-47 majority.

"The United States Senate cannot be an idle spectator in the #tariff #madness. The #Congress has the #power to set tariffs & regulate global #trade," Sen Ron Wyden (D-OR) said.