Knows the prospects
By 
The U.S. Chamber of Commerce is urging the Trump administration to immediately implement a “tariff exclusion process” in order to keep the U.S. economy from falling into a recession and inflicting “irreparable harm” on small businesses.
He screwed small businesses over for decades and now he gets to do it to all of them?
Don’t threaten him with a good time.
In a letter first obtained by CNBC, the massive business lobbying group asked key Trump trade officials to automatically lift tariffs on all small business importers and on all products that “cannot be produced in the U.S.” or are not domestically available.
According to Stephen Miller, the human lawngrub, they’ll just have to wait for the tax break that won’t benefit most of them.
Asked in a press briefing if the Trump administration is considering the Chamber’s request for tariff exemptions, White House deputy chief of staff Stephen Miller suggested it is not.
“The relief for small businesses is going to come in the form of the largest tax cut in American history,” he said, referring to Republicans’ plan to pass a major tax cut bill this year.
I wouldn’t be surprised if Orangemandyass starts offering TrumpLoans to struggling businesses.
In other tariff tantrum news, General Motors has put a price tag on what tariffs will cost the company.
The Trump administration’s tariffs on imported cars and auto parts will cost General Motors between $4 billion and $5 billion this year. But in an interview on CNN, CEO Mary Barra said the company doesn’t necessarily expect to pass those higher costs onto consumers in the form of elevated prices.
Unless it does.
“We believe …pricing is going to stay at about the same level as it is,” she told CNN’s Erin Burnett Thursday, although she added, “Pricing changes in our industry at least monthly, and sometimes more frequently. We’re going to respond to the market.”
Sounds like a Yes to me.
The lower earnings guidance resulted in GM halting plans to spend additional billions in repurchasing its stock, a move it announced Tuesday. But it’s not just investors who could be hurt by lower profits. The roughly 45,000 members of the United Auto Workers union also get profit sharing payments from the company annually. They received record payments of up to $14,500 for 2024.
He’s screwing union members too. No wonder he loves this stuff.
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