Does MAGA appreciate how good the economy is right now? The inauguration isn’t for another 73 days
- Thread starter ☑︎#VoteDemocrat
- Start date
1/2
@unusual_whales
Wow.
Futures are collapsing as markets fall following Trump's US Tariff "Liberation day" announcements.
US Tech 100 down 4.18%
S&P 500 /search?q=#SPY /search?q=#SPX down 3.52%
Russel 200 down 4.74%
Nasdaq 100 down 4.34%
/search?q=#VIX up 6.26%
Ouch...
2/2
@Angelica_Reed1
the recession is here
To post tweets in this format, more info here: https://www.thecoli.com/threads/tips-and-tricks-for-posting-the-coli-megathread.984734/post-52211196
@unusual_whales
Wow.
Futures are collapsing as markets fall following Trump's US Tariff "Liberation day" announcements.
US Tech 100 down 4.18%
S&P 500 /search?q=#SPY /search?q=#SPX down 3.52%
Russel 200 down 4.74%
Nasdaq 100 down 4.34%
/search?q=#VIX up 6.26%
Ouch...
2/2
@Angelica_Reed1
the recession is here
To post tweets in this format, more info here: https://www.thecoli.com/threads/tips-and-tricks-for-posting-the-coli-megathread.984734/post-52211196
1/11
@NoLieWithBTC
“Sixteen Nobel economists are saying that his plan would increase inflation and invite a recession by the middle of next year.”
https://video.twimg.com/ext_tw_video/1907866955106664448/pu/vid/avc1/1280x720/VLjXxnyTsP4F-nTh.mp4
2/11
@7_PicosFinance
Seems like we're right on track...
3/11
@mattygreggruns
But why not 17 hmmmm?
4/11
@scrollinyou
Expect the opposite to happen then.
5/11
@RELLYTHAPROPHET
"This isn't what I voted for" after you were told exactly what you're voting for is crazy
6/11
@MoeJLong
Posted this day in 2024.
7/11
@TheManCalledRay
Isn’t that what he promised?
8/11
@SamuelPMacD
The same economists that said inflation was transitory
9/11
@jcsthoughtdump
Sometimes it sucks to be right.
10/11
@biggestfan89
11/11
@Eman856
I can't believe the people who know what they're talking about were right
To post tweets in this format, more info here: https://www.thecoli.com/threads/tips-and-tricks-for-posting-the-coli-megathread.984734/post-52211196
@NoLieWithBTC
“Sixteen Nobel economists are saying that his plan would increase inflation and invite a recession by the middle of next year.”
https://video.twimg.com/ext_tw_video/1907866955106664448/pu/vid/avc1/1280x720/VLjXxnyTsP4F-nTh.mp4
2/11
@7_PicosFinance
Seems like we're right on track...
3/11
@mattygreggruns
But why not 17 hmmmm?
4/11
@scrollinyou
Expect the opposite to happen then.
5/11
@RELLYTHAPROPHET
"This isn't what I voted for" after you were told exactly what you're voting for is crazy
6/11
@MoeJLong
Posted this day in 2024.
7/11
@TheManCalledRay
Isn’t that what he promised?
8/11
@SamuelPMacD
The same economists that said inflation was transitory
9/11
@jcsthoughtdump
Sometimes it sucks to be right.
10/11
@biggestfan89
11/11
@Eman856
I can't believe the people who know what they're talking about were right
To post tweets in this format, more info here: https://www.thecoli.com/threads/tips-and-tricks-for-posting-the-coli-megathread.984734/post-52211196
A lot of these people are just plain idiots
The guy in the parking lot just repeating what he hear on fox news and from trump “ i feel for years we been getting ripped off from tariffs”
Dumb ass do your homework
Shock of Trump tariffs has Wyoming businesses worried - WyoFile
Small businesses that import clothing, cameras and dinnerware face chaos, cost spikes.
wyofile.com
Shock of Trump tariffs has Wyoming businesses worried
Small businesses that import clothing, cameras and dinnerware face chaos, cost spikes.
by Rebecca Huntington and Dan Cepeda, Oil City News April 10, 2025
WyoFile’s local news initiative partnered with Oil City News to produce this story. For information on WyoFile collaborations or to share examples of how tariffs are impacting you, contact Rebecca Huntington at rebecca@wyofile.com.
With spring comes wedding season, when Cara Rank begins to rent table settings for Jackson Hole occasions with hundreds of guests. She plans ahead, placing orders six to nine months in advance. President Donald Trump’s now-paused tariffs would have slapped a $40,000 import tax on her roughly $200,000 shipment of hand-painted porcelain dinnerware, cutlery and glassware — all coming from Europe in May.
Preparing to absorb that cost on Wednesday morning and fearing a recession, Rank decided not to hire a new full-time position, at a salary of $70,000 with benefits, even though she had a finalist for the job.
“Do they want me to put people to work and pay them a living wage or do they want me to pay tariffs?” Rank told WyoFile on Wednesday. “Because that’s the decision in my mind.”
But then Trump soon reversed course, announcing a 90-day pause on all “reciprocal” tariffs that went into effect at midnight, except for China, which is now facing a triple-digit tariff. (Trump did maintain a 10% tariff rate on most countries.)
“I think the message that was sent to Donald Trump was very clear that the world will not accept these tariffs. What you saw yesterday was him reacting to that,” Rank said. “It’s a roller coaster, you don’t know how to plan for your business because he is so erratic.”
Small businesses from Jackson to Casper are being whipsawed by the Trump administration’s on-again, off-again tariffs on one side and a global trading system that they depend upon to run their businesses on the other. Small businesses accounted for 129,426, or 65.1%, of Wyoming employees, according to a 2024 report by the U.S. Small Business Administration.
Rank owns two Jackson businesses, Objet West by XoWyo, which does event rentals, and XoWyo Paper and Press, which also relies on imported materials to print high-end wedding invitations and other custom stationery. She has 11 employees right now, and that number will jump to 25 during the height of weddings and other summer events.
Rank’s pessimism about the economy Wednesday turned to cautious optimism by Thursday. For now, facing 10% baseline tariffs Trump imposed April 5 on nearly all countries, she might still hire that position and grow her company, she said.
Wyoming businesses are at the mercy of a global trading system that has been decades in the making. One Casper storefront, and its mannequins, has stood watch through the many changes. Dawn Stevenson took ownership of the Mode O’ Day clothing store franchise in downtown Casper in 1974. That same year, Congress passed the Trade Act of 1974, giving the president more authority to negotiate trade deals.
At that time, Casper’s store was one of 840 franchises around the country. In a 2019 interview with Oil City News, Stevenson said the company eventually rebranded to Fashion Crossroads to stay relevant with changing trends, but went bankrupt in the 1990s. Stevenson bought the brand and kept operating the store.
Kyleen Stevenson-Braxton bought the store from her mother, and Fashion Crossroads remains a steady presence today, celebrating its 50th anniversary last year. But Stevenson-Braxton now runs a business woven together by global relationships. America’s textile manufacturing industry is almost nonexistent, so stocking a store with American-made goods affordably and consistently isn’t an option.
Instead, Stevenson-Braxton orders a lot of her premium items from Canadian producers, comparing their textile industry to what America’s once offered as far as quality. With her current stock pre-booked with vendors last year, prices are locked in through the fall season.
“I won’t see price changes until I go to market in August when I’m looking at the spring 2026 season,” she said.
Her store’s less expensive merchandise comes mainly from China, India and Mexico, and she expects to see those prices rising soon. Although the Trump administration paused higher tariffs for countries like India, the president doubled down on China.
“Based on the lack of respect that China has shown to the World’s Markets, I am hereby raising the Tariff charged to China by the United States of America to 125%, effective immediately,” Trump posted Wednesday on Truth Social. “At some point, hopefully in the near future, China will realize that the days of ripping off the U.S.A., and other Countries, is no longer sustainable or acceptable.” (The cumulative U.S. rate for Chinese imports is now 145%.)
Closer to home, Stevenson-Braxton is afraid she might have to drop vendors she’s used for decades if they’re forced to price themselves out of the market, particularly those based in Canada.
“It’s very scary to me honestly as a business owner,” she said. “Not just the tariffs, but I’m afraid that our economy’s going to get broken.”
All the turmoil and uncertainty follows what has already been a tough time for clothing retailers.
“Small businesses in general – and clothing in particular – we never really recovered from COVID because supply chains were affected and all of the elements that go into making clothing went up [in price]. So thread, buttons, zippers, cloth, all of these commodities went up in price.”
She said wholesale and operating costs such as rent and energy have risen as well. “You have a choice: You can either pass it on or you can try and eat it, but we can’t pass on all of these increases, and we can’t just eat all of it.”
There’s only so much her store can absorb before she has to pass costs on to her customers, she said, “and then the customer has a threshold of what they’re willing to spend because they’re dealing with all of the same things.”
Another Casper business, Wyoming Camera Outfitters, carries consumer and professional imaging gear from Canon, Nikon and Sony. They also have extensive offerings of aftermarket lens makers, such as Tamron.
It’s been chaotic behind the scenes, store manager Chris Luse said Tuesday before Trump reversed course on hefty tariffs for countries like Japan. Most of the equipment the store offers is manufactured in Japan and the Philippines, with some imports from China and other Asian countries.
“We’re getting emails left and right from all of the manufacturers,” he said. He said the first thing they’ll likely see is quick elimination of rebates and incentives.
Luse thinks the manufacturers will have something of a longer term outlook by the end of this week. “Most of the manufacturers should start having better game plans by then.”
The store has heard from numerous regular customers who are worried about price increases, and they’ve seen a bit of “panic buying” already.
Rank herself was contemplating rushing purchases on electronics for her business to get ahead of tariff-induced price hikes. While somewhat reassured by Trump’s pause, Rank is still adding up what the 10% baseline tariff will mean for her bottom line. Her business also typically buys packing materials, bags, foam, ink, tape and glue from China.
“What’s going to happen with China? Should I stock up?” Rank pondered Thursday. “Do I want to spend $10,000 on computers today rather than spacing it out over three to four months?”
