BREAKING: Moments ago in Boyle Heights, CA, two federal immigration vehicles rammed into a white sedan carrying three individuals. Agents then appeared to fire a chemical agent into the car before detaining the driver.
A woman in the vehicle, sounding visibly shaken, insisted that all occupants are American citizens.
Protesters are beginning to surround the area now.
This response seems wildly excessive.
📹: Sean Beckner-Carmitchel
HOLY CRAP! This just got immensely worse. ICE is out of hand in Los Angeles!
The Federal agents (Apparently ICE) left the scene of the accident shortly after the video was taken. The LAPD is now investigating it as a hit and run and possible assault with a deadly weapon. (An automobile).
(THREAD - Continued) 9 Failures of Peter Navarro, the Guy pushing Trump’s Tariff Policy
1 - Navarro admitted to inventing "Ron Vara," a fictional character cited in his books as a China expert. This alter ego was used to support his critical views on China & Tariffs. The name "Ron Vara" is an anagram of "Navarro."
(THREAD - Continued) 9 Failures of Peter Navarro, the Guy pushing Trump’s Tariff Policy
2 - As the White House launched steel and aluminum tariffs, Navarro confidently insisted no country would retaliate “for the simple reason that we are the most lucrative and biggest market in the world”. He was proved spectacularly wrong – China, Canada, the EU and others swiftly imposed counter-tariffs, and the WTO later struck down the U.S. tariff
(THREAD - Continued) 9 Failures of Peter Navarro, the Guy pushing Trump’s Tariff Policy
3 - Navarro claimed that Tariffs were NOT Taxes. The very definition of a tariff is a tax on imported goods.
They are too many Americans who don’t understand basic economics and what tariffs are so here is a thread 🧵
Blanket Tariffs are a lose-lose, no matter your politics or nationality. They raise prices, strain supply chains, and invite retaliation that hurts workers, farmers, and consumers alike.
Opposite of tariffs, Free trade, on the other hand, is what helped build America's economic strength. By opening markets, encouraging innovation, and expanding opportunity, free trade turned the U.S. into a global powerhouse. 🧵
So are the tariffs that other nations put on us “fair”? 🧵
This question oversimplifies the massively complex dynamics of global trade. Low tariffs aren’t just about being nice. they help us too.
- Lower tariffs = lower prices for American consumers.
Approximately 2 mo. ago I sold most of my stocks because I listened to the experts and not Trump.
Here is a thread of what the experts are now saying a day after Trump Announced his idiotic Tariffs.
I will continue to add to this thread throughout the day. 🧵 ---> Please Share
Takahide Kiuchi – Nomura Research Institute (Executive Economist):
“Trump’s tariffs carry the risk of destroying the global free trade order the United States itself has spear-headed since the Second World War.”
🧵
Antonio Fatas – INSEAD Business School (Macro Economist):
“I see it as a drift of the U.S. and global economy towards worse performance, more uncertainty and possibly heading towards something we could call a global recession.”🧵