geteilt von: https://europe.pub/post/159443
cross-posted from: https://lemmy.world/post/27935573
Summary
Home Depot co-founder and GOP megadonor Ken Langone blasted Trump’s sweeping tariffs as “bulls–t,” calling the 10% across-the-board rate and country-specific hikes—like 34% on China and 46% on Vietnam—“too aggressive” and poorly calculated.
Langone criticized the administration’s formula, based on trade deficits, as nonsensical.
Other prominent figures, including economists and billionaires like Stanley Druckenmiller, Bill Ackman, and Elon Musk, have also spoken out.
Critics warn the tariffs hinder negotiation and lack sound economic grounding. Langone said Trump is being “poorly advised” on trade policy.
Something with a leopard and faces.
What the fuck did he think he was paying for? I feel a little bad for the poor magats who have been propagandized from the get, but this wealthy asshole? Fucking fuck fuck shit fuck him.
Lmao, billionaires are feeling something. Make Billionaires Feel Something Again (anger and helplessness).
He worked to build Home Depot and now Trump is using tariffs to pump & dump the stock market for his and his cronies gains. Business owners, who provide product, service or goods are not in on the pump & dump.
So now they are experiencing the leopard first hand.
For what it’s worth it won’t matter in the end
Old man yells at Old Man
oh fuck that guy with a 2x4 of Home Depot quality
Ken Langone is behind Autism Speaks
I don’t have much sympathy
