Stores will start running out of stuff in 4 weeks.
— Fred Krueger (@dotkrueger) April 29, 2025
Emerging markets set to become battlegrounds in trade war Developing nations face a poisoned chalice of influx of cheap goods from China and tariff penalties for trade diversion ....... “China is really interested in selling to the 7.5bn people who don’t live in the US”, says Johnstone, co-head of emerging and frontier markets at Redwheel, the investment manager. “And China is putting in the manufacturing capacity to sell to that global consumption base.” ....... China’s exports to big developing economies have already more than doubled since Trump was first elected president, from below $670bn in 2017 to $1.35tn in the year to February, representing more than a third of total exports .......... In recent years, countries such as Pakistan and South Africa loaded up on imports of cut-price Chinese solar panels to help overcome rolling power blackouts and energy shortages. ........ Chinese-made panels and batteries are also enabling the rollout of solar energy in Saudi Arabia with some of the lowest costs in the world as the kingdom tries to diversify beyond oil.
....... But it has been a different story for emerging-market makers of steel, chemicals, textiles and low-cost electronics.
These are classic examples of export industries that traditionally helped countries climb the ladder of economic development......... They have been hit by waves of cheap Chinese supply as Beijing has continued to support manufacturers in these areas, even as it is pursuing production of goods further up that ladder, such as electric cars......... “Trade imbalances are not just a US-China irritant any more . . . emerging countries including India, Brazil, South Africa, and Turkey are launching trade defence cases to stave off what they see as injurious imports” ......... Beijing recently removed tariffs on imports from dozens of Africa’s poorest countries, after complaints on the continent about widening trade deficits with China.
About 5 weeks until people start noticing stuff not on store shelves. https://t.co/8xfRKXKBPZ
— Andrew Yang🧢⬆️🇺🇸 (@AndrewYang) April 29, 2025
I don't know what is crazier about this chart of Southern border crossings — the explosion of entries over the last 4 years or the closing of the border in a matter of weeks. pic.twitter.com/AKri5SZarO
— Anthony Pompliano 🌪 (@APompliano) April 29, 2025
Breaking News: The Trump administration fired Joe Biden appointees, including Kamala Harris’s husband, Doug Emhoff, from the U.S. Holocaust Memorial Museum board. https://t.co/taMiRiejij
— The New York Times (@nytimes) April 29, 2025
Donald Trump promised to end inflation and lower costs on his first day in office.
— Governor JB Pritzker (@GovPritzker) April 29, 2025
Instead, Americans are paying a higher price on groceries, cars, utilities, and housing — with the looming fear of a recession.
He's crashing our economy and leaving you with the bill.
As China faces unprecedented US tariffs, we dug into speeches, official media, reports by China’s US watchers, & social media posts for a vibes check.
— Jennifer Welch (@ThatJennieWelch) April 29, 2025
Despite the economic pain this trade war will inflict on their economy, many Chinese people see it as a sign of *US* decline.
13 years ago https://t.co/nY4TAKIVUH
— Elon Musk (@elonmusk) April 28, 2025
The recent government directive to deport all Pakistani nationals from India has raised serious humanitarian concerns, particularly in Jammu & Kashmir. Many affected are women who came to India 30–40 years ago, married Indian citizens, raised families, and have long been part of…
— Mehbooba Mufti (@MehboobaMufti) April 29, 2025
Keep in mind that S&P 500 earn 6x more in China than they export from the U.S. to China.
— Spencer Hakimian (@SpencerHakimian) April 28, 2025
Apple selling iPhones to Chinese consumers. Starbucks selling coffee. McDonald’s selling burgers. Etc.
Nobody dominates and benefits more from global trade than the United States does.… pic.twitter.com/JpCBvLmSwQ
share of americans who say trump admin tariffs will end up costing the usa more money than it brings in
— ian bremmer (@ianbremmer) April 29, 2025
in the short term: 70%
in the long term: 62%
who says most americans aren't financially literate?
-gallup
— Elon Musk (@elonmusk) April 28, 2025
Goldman Sachs is now projecting that the United States will have the lowest economic growth AND the highest inflation rate of any developed economy in 2025.
— Spencer Hakimian (@SpencerHakimian) April 29, 2025
How much more winning before we can go back to losing? pic.twitter.com/Lb5TFxCv8m
“Canadians have sent a strong message to Americans,” @davidfrum writes. “Trump vows to make America great again, to raise respect for America in the world. His effect on next-door Canada, however, has been to demolish America’s reputation.” https://t.co/r981OiWSmS
— The Atlantic (@TheAtlantic) April 29, 2025
90% of Americans think tariffs will drive up prices and cost the U.S. more money than they generate, according to a new Gallup poll . https://t.co/WqomO2tuUY
— CBS News (@CBSNews) April 28, 2025
— Elon Musk (@elonmusk) April 29, 2025
Before India makes any rash moves, it should remember that both Israel and US made very ill-advised decisions in Gaza and Afghanistan/Iraq respectively following major terrorist attacks.
— Derek J. Grossman (@DerekJGrossman) April 29, 2025
Never, ever, replace logic with passion. But I fear that's exactly where we are right now. pic.twitter.com/25pQkNubAz
You wanted short term pain?
— Spencer Hakimian (@SpencerHakimian) April 28, 2025
You’re about to get it.
A lot of it.
Hope you can handle the heat. pic.twitter.com/5GLozGuDGV
