"ABC News reports that U.S. economic growth will slow to 1.6% this year from 2.8% last year 'as President Donald Trump’s erratic trade wars disrupt global commerce, drive up costs and leave businesses and consumers paralyzed by uncertainty.'"

~ Joyce Vance

#Trump #economy #tariffs #TradeWars #FEMA #ICE #immigrants #deportations
/1

https://joycevance.substack.com/p/legal-things

Legal Things

Although we try to stick to law and politics around here, it’s worth noting the practical implications of the chaos the Trump administration has created (especially for the “cheaper eggs” voters from 2024).

Civil Discourse with Joyce Vance

"That is where we are this week, as essential government agencies like FEMA are withdrawing needed and promised aid from Americans and masked ICE agents pull people, including American citizens, off the streets in the mad hunt for aliens here without legal status, in sufficient numbers to give Trump his talking points about 'mass deportations."

#Trump #economy #tariffs #TradeWars #FEMA #ICE #immigrants #deportations
/2

As Paul Krugman says, the world is starting to take notice of the fact that the US is no longer a serious country, and economic consequences are following — and will continue to follow.

#Trump #economy #tariffs #TradeWars #FEMA #ICE #immigrants #deportations
/3

https://paulkrugman.substack.com/p/we-are-no-longer-a-serious-country

We Are No Longer a Serious Country

And the world is starting to notice

Paul Krugman

"MSNBC host Lawrence O’Donnell roasted CNN last night: 'The insanity of the current American president is officially taken for granted in the news media. No huge banners on the cable news network that recently devoted itself to the issue of presidential mental acuity. That network didn’t dare devote itself to the mental acuity of Trump. That network decided the that mental acuity of Biden last year is a more important story now.'”

~ Ron Filipkowski

#Trump #media
/4

https://www.meidasplus.com/p/today-in-politics-bulletin-144-6325

Today in Politics, Bulletin 144. 6/3/25

… Elon Musk trashed Trump’s budget bill, posting this today: “I’m sorry, but I just can’t stand it anymore.

Meidas+

"In Trump’s psychodrama version of world trade, other countries are snickering at us while they treat us 'very badly,' shutting out our products with high tariffs and whatever. But the reality is that until Trump came in we were living in a world economy shaped by reciprocal trade agreements that brought tariffs down everywhere. The average tariffs the European Union charged on U.S. exports were less than 2 percent."

~ Paul Krugman

#Trump #economy #tariffs
/5

https://paulkrugman.substack.com/p/is-there-a-tariff-end-game

Is There a Tariff End Game?

I still don't see an off-ramp

Paul Krugman

"The US has doubled tariffs on foreign steel and aluminum imports to 50%, pressing ahead in the face of criticism from key trading partners with a measure that Donald Trump says is intended to revive the American industry. …

Trump signed an executive order formalizing the move on Tuesday."

~ Nicola Slawson

#Trump #economy #tariffs
/6

https://www.theguardian.com/us-news/2025/jun/04/first-thing-trump-tariffs-foreign-steel-aluminum

First Thing: Trump’s 50% tariffs on foreign steel and aluminum take effect

Trading partners express anger, including Mexico, which buys more steel from the US than it sends the other way. Plus, Bernie Sanders on why the Democrats failed

The Guardian

@wdlindsy

Lawrence O'Donnell -- his broadcast June 3rd was one of the few that went over the role of billionaire agendas & infighting between the billionaires of Koch Network and the billionaires of Rockbridge Network.

His interview with Sheldon Whithouse was pure FAFO

https://youtu.be/jB3KqTvJX8Q
At the 19 minute mark.

The Last Word With Lawrence O’Donnell - June 3 | Audio Only

YouTube
@Npars01 Thank you. I appreciate the link.