RockBottom

geteilt von: https://slrpnk.net/post/20819988

Local officials are considering developer Balico’s plans to build the biggest gas-fired power plant in the U.S. in over a decade.

cross-posted from: https://metawire.eu/post/28912

President Trump says Chinese-made electronics are simply moving to a different levy "bucket".

cross-posted from: https://lemmy.world/post/28080691

cross-posted from: https://slrpnk.net/post/20675758

cross-posted from: https://slrpnk.net/post/20675754

archived (Wayback Machine)

cross-posted from: https://lemmy.world/post/28080059

Summary

Despite a temporary pause on some tariffs, economists warn Trump's trade war continues to pose serious risks to the U.S. economy.

Current import taxes now exceed levels seen during the 1930s Great Depression. A Yale analysis estimates a $2.4 trillion tax increase over 10 years, costing households $4,400 more.

Tariffs on Chinese imports have reached 145%, driving up prices and investor anxiety. Markets briefly surged after Trump’s announcement but quickly fell again.

Critics highlight Trump’s deep misunderstanding of trade mechanics and fear long-term economic damage from persistent uncertainty.

cross-posted from: https://lemmy.world/post/28079748

Archived at https://web.archive.org/web/20250411113426/https://www.democracydocket.com/analysis/the-most-extraordinary-attack-on-voting-rights-in-american-history-how-the-save-act-upends-over-a-century-and-a-half-of-protecting-voting/

cross-posted from: https://lemmy.zip/post/35963783

To date, 5,282 hens have been distributed to residents, and not only have the residents received a plentiful supply of free eggs, but food waste has also been averted from landfill as chickens are fed kitchen scraps which would otherwise be thrown away.

geteilt von: https://europe.pub/post/159443

cross-posted from: https://lemmy.world/post/27935573

Summary

Home Depot co-founder and GOP megadonor Ken Langone blasted Trump’s sweeping tariffs as “bulls--t,” calling the 10% across-the-board rate and country-specific hikes—like 34% on China and 46% on Vietnam—“too aggressive” and poorly calculated.

Langone criticized the administration’s formula, based on trade deficits, as nonsensical.

Other prominent figures, including economists and billionaires like Stanley Druckenmiller, Bill Ackman, and Elon Musk, have also spoken out.

Critics warn the tariffs hinder negotiation and lack sound economic grounding. Langone said Trump is being “poorly advised” on trade policy.