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#sanctions

19 posts13 participants0 posts today
Continued thread

"I’ve said before that Trump does not think of policy the way most of us do, operating instead like a low-level mob boss running a protection racket. Unfortunately, a bunch of rubes decided to give him another bite at the apple, and now the entire global economy has to pay up."

~ Marlon Weems

#Trump #tariffs #mob #MobBoss #sanctions #extortion #bullying #stupidity #incompetence
/6

thejourneyman.substack.com/p/h

The Journeyman. · Here Comes the PainBy Marlon Weems
Continued thread

"The only legible purpose of the tariffs is for Trump to arrogate more power to himself: so that nations and corporate leaders and labor unions come begging him for relief, and so that he can shake them down."

~ Brian Beutler

#Trump #tariffs #mob #MobBoss #sanctions #extortion #bullying #stupidity #incompetence #Putin #PutinsPoodle
/5

offmessage.net/p/fighting-mean

Off Message · Fighting Means FightingBy Brian Beutler
Continued thread

“Vladimir Putin bet his life that American voters would be weak and decadent enough to return Donald Trump to the presidency. He was right. …

We have a deeply stupid government—from our economically illiterate president to our craven and foolish secretary of state," (continued in /4)

~ Jonathan V. Last

#Trump #tariffs #mob #MobBoss #sanctions #extortion #bullying #stupidity #incompetence #Putin #PutinsPoodle
/3

thebulwark.com/p/the-american-

The Bulwark · The American Age Is OverBy Jonathan V. Last
Continued thread

"Trump’s son Eric appeared to confirm that the tariffs are a shakedown when he posted: 'I wouldn’t want to be the last country that tries to negotiate a trade deal with [Trump]. The first to negotiate will win—the last will absolutely lose. I have seen this movie my entire life.…'”

~ Heather Cox Richardson

#Trump #tariffs #mob #MobBoss #sanctions #extortion #bullying
/2

heathercoxrichardson.substack.

Letters from an American · April 3, 2025By Heather Cox Richardson

"It is not at all surprising that Trump sees the appeal in sanctions. It is no different from a mob boss moving into town and sending his thugs to every business on Main Street, roughing up the proprietors and asking for protection money so they don’t get pushed out of business. … It’s a mentality fit for someone repeatedly linked to organized crime."

~ David Dayen

#Trump #tariffs #mob #MobBoss #sanctions #extortion #bullying
/1

prospect.org/economy/2025-04-0

The American Prospect · They’re Not Tariffs, They’re SanctionsStop trying to place coherence on a policy that’s really just a mob boss breaking legs and asking for protection money.
Continued thread

none of the separate countries have economies that rival USA, BUT THAT’S WHY #EuropeanUnion EXISTS. put them all together and they do rival the “largest” economy in the world.

the #Boycott is happening because the EU left have been working on this for months.

for the #Divest, Macron literally said, stop all investments for the next month. that would tank Wall Street even further.

and #Sanctions? EU been itching to sanction USA tech oligarchs. tis the excuse they been waiting for. /🧵

Trump messes up again:

1) Talk about secondary tariffs immediately raised oil prices, improving Russia’s finances

2) Elon has fired a lot of the people enforcing the sanctions, so no matter the tough talk, Russia has returned to breaking them effectively.

Also, Peskov practically admitted that the sanctions are working by asking them to be lifted.

Stephanie Baker on Jake Broe: Sanctions make a difference.

youtube.com/watch?v=2SxBGQrLl7
#nafo #ukraine #sanctions

🤑 Amazon (AMZN) Submits Bid for TikTok With US Sale Deadline Approaching
—Bloomberg

"Amazon’s proposal joins several other publicly known offers, including one from a group led by billionaire Frank McCourt and Reddit co-founder Alexis Ohanian, another featuring tech entrepreneur Jesse Tinsley and YouTube star MrBeast, and a merger offer by San Francisco-based Perplexity AI."

bloomberg.com/news/articles/20

Continued thread

#Trump imposed the #tariffs in an EO that cited the International Economic Emergency Powers Act, a Cold War-era #law that has most often been used to impose #sanctions on rogue states & human rights violators. His admin claimed that unchecked #DrugTrafficking from #Canada constituted a dire threat to #NationalSecurity & used it as justification to unilaterally impose 25% tariffs on America’s closest trading partner.
[IOW — BS]