Old Glory Vortex

Trump Tariff Scheme A Great Opportunity For Even More Presidential Corruption A desire to avoid U.S. import taxes will give companies and countries an incentive to win over a man who has already demonstrated a willingness to sell favors, experts and critics fear. ▪️In addition to hitting Americans with trillions of dollars in new taxes and cratering the stock market, Donald Trump’s arbitrary tariff regime offers yet another opportunity for a president who has already shown his willingness to use his office for personal gain, critics fear. ▪️The new tariffs, which started taking effect Saturday, already have exemptions for specific industries, establishing the precedent for corporations or even entire countries to win carve-outs for themselves. ▪️And, government watchdogs and other experts worry, with Trump having long demonstrated a willingness to take official actions in return for private or political benefit, a vast new field of potential corruption has opened.

“There are concerns around additional graft and cronyism,” said Melinda St. Louis, global trade director at Public Citizen.

▪️Rajeev Goel, an Illinois State University economist, co-authored a 2023 paper finding that multilateral trade agreements help fight “public sector corruption” by creating transparent, level playing fields for buying and selling goods across borders.

“The current tariffs are doing the reverse of what we studied earlier,” he said.

“If you define corruption as making side deals with the Trump administration for special exemptions, that is certain to happen on a grand scale, and may well be the intent of the tariff imposition itself,” said Bill Megginson, a finance professor at the University of Oklahoma’s business school and a co-author of a 2025 paper that studied political “distortions” of Trump’s first-term tariffs.

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Trump officials defend tariffs amid market, conservative unrest 🔤🔤🔤🔤➖ ▪️The Wall Street Journal’s editorial board has criticized the tariffs, while Bill Ackman, the hedge fund investor who has frequently sided with Trump, on Saturday argued Trump might lift the tariffs as soon as Monday.

“One would have to imagine the president’s phone has been ringing off the hook. The practical reality is that there is insufficient time for him to make deals before the tariffs are scheduled to take effect. I would therefore not be surprised to wake up Monday with an announcement from the president that he was postponing the implementation of the tariffs to give him time to make deals,” Ackman wrote.

He praised Trump as a president committed to the critical issue of elevating “the importance of resolving an unfair tariff regime that has harmed American workers and decimated our industrial base over many decades.”

“The problem, however, can’t be resolved in days, so why wouldn’t a pause make sense to give the president time to properly resolve this critical issue and to allow companies large and small the time to prepare for changes in their supply chains?”

▪️Ackman also warned that the threat of not pausing the tariffs was a recession, “potentially a severe one.” ▪️He and many other observers are bracing to see what will happen on Monday morning when markets open. ▪️The Dow Jones Industrial Average has lost nearly 4,000 points, a bit less than 10 percent of its value, in two days, while the Nasdaq composite has suffered even larger percentage losses. ▪️Trump, however, has expressed continued confidence in his policies and has not signaled any shift in his strategy. He has urged investors to buy into U.S. markets, while criticizing the leaders of China, which announced its own retaliatory tariffs on the U.S. on Friday, for panicking. ▪️Commerce Secretary Howard Lutnick also defended the tariffs on Sunday, including the imposition of duties on some countries that are uninhabited, saying “the idea is that there are no countries left off.” ▪️He pointed to China’s response to Trump’s tariffs in 2018 as an example of why hitting all countries with at least a minimum 10 percent tariff was necessary, arguing Beijing would just divert its exports to the U.S. through third countries.

“The president knows that. He’s tired of it, and he’s going to fix that,” Lutnick said during an appearance on CBS’s “Face the Nation.”

“So basically he said, ‘Look, I can’t let any part of the world be a place where China or other countries can ship through them,’ so he ended those loopholes, these ridiculous loopholes.’”

“And now what he’s trying to say is, ‘I’m going to fix the trade deficit of the United States of America. It’s a national security issue. We need to make medicine. We need to make semiconductors. We need to make ships. We need to have steel and aluminum. Come on, we need the greatness of America to actually be built in America.’ And he’s tired of getting ripped off by the rest of the world.”

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Trump officials defend tariffs amid market, conservative unrest 🔤🔤🔤🔤➖ ▪️Trump administration officials fanned out across the media talk shows on Sunday to defend tariffs imposed by the president on just about every country on Earth. ▪️The reciprocal tariffs were long promised by President Trump, who feels the U.S. has been ripped off by trading practices of friends and foes that have run trade deficits with the United States. ▪️But the size and scope of the tariffs caught many by surprise, and led to a dramatic sell-off on Wall Street that saw trillions in wealth wiped out as stock markets fell precipitously on Thursday and Friday. ▪️It has also provoked consternation among some segments of the right that have criticized the president’s actions, illustrating a split among conservatives over the wisdom of provoking a major trade war. ▪️National Economic Council Director Kevin Hassett in a Sunday interview on ABC’s “This Week” insisted the massive tariffs won’t have a “big effect on the consumer in the U.S.,” while Treasury Secretary Scott Bessent during an appearance on NBC’s “Meet the Press” described the tariffs as a “one-time price adjustment.” ▪️Both suggested the tariffs will not lead to inflation, even though some companies have already indicated they will raise prices to help pay for the cost of the tariffs. ▪️Hassett said more than 50 countries are “coming to the table” to negotiate, suggesting the tariffs could be lowered. Bessent drew a distinction between tariffs and continuous price increases caused by inflation.

“So, there’s a big difference between insipid, endemic inflation within the system and consistent price level increases and a one-time adjustment,” he said.

▪️Some GOP allies of Trump in Congress also worked to defend the president. ▪️Sen. Roger Marshall (R-Kan.) told Chris Stirewalt, the host of “The Hill Sunday,” that while at the end of the day he wants “zero tariffs,” Trump needs to protect U.S. farmers and manufacturers. ▪️Farmers are among the U.S. groups who could be hit hardest by retaliatory action by U.S. trading partners in response to the tariffs, but Marshall said they were already dealing with an unfair system.

“You know, growing up in Kansas, since the day I was born, I’ve heard farmers say, you know, why does Europe have a 50 percent tariff on American agriculture? India, 100, Canada, 200 and beyond the tariffs. It’s the nontariff barriers. A lot of those countries simply won’t let agriculture products into those countries. So, yes, short-term pain, long-term gain, bring the jobs back, and then get to true, free, reciprocal tariffs,” Marshall said.

▪️Some GOP senators, however, have raised reservations about Trump’s tariffs, arguing that while there is some unfairness in the global system, the rising trade war could cause more harm.

“I think it is a mistake to assume that we will have high tariffs in perpetuity. I don’t think that would be good economic policy. I am not a fan of tariffs,” Sen. Ted Cruz (R-Texas) told Fox Business host Larry Kudlow.

“If the result of yesterday’s announcement is a lot of our trading partners across the globe dramatically reduce the tariffs they charge on U.S. goods and services, and the consequence of that is the U.S. government dramatically cuts the tariffs that were announced yesterday, that would be a great outcome. That would be good for America,” he said.

“If the result is our trading partners jack up their tariffs and we have high tariffs everywhere, I think that is a bad outcome for America. Tariffs are a tax on consumers, and I’m not a fan of jacking up taxes on American consumers,” he added.

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Nolte: Media Fail — Trump Job Approval Rises 4 Points to 53% ▪️President Donald Trump’s job approval rating rose four points during Tariff Week, from 49 percent to 53 percent. ▪️The poll was taken by DailyMail.com/J.L. Partners of over 1,000 registered voters between March 31 and April 3. ▪️Donald Trump’s four-point jump in job approval was not the only surprise. ▪️Since March 7, Trump’s job approval from young voters between 18 and 29 jumped 13 points. ▪️Among Independents and Democrats, Trump enjoyed a six-point increase. ▪️Most telling, support from black voters jumped 17 points in a single week. ▪️Finally, more people support than oppose Trump’s tariffs on foreign countries by a margin of 39 percent support and 37 percent oppose. Twenty-four percent were unsure. ▪️When asked if they support “significantly reducing” the number of illegal immigrants coming into the country, 69 percent said yes. ▪️When asked about “significantly reducing” the number of legal immigrants, a plurality of 46 percent said yes, while only 26 percent said no. ▪️It should be noted that the poll was taken before the Stock Market dropped on Thursday and Friday. But it should also be noted that this is after the Regime Media coordinated a regime-wide tantrum over DOGE, the ridiculous SignalGate nothingburger, and the hoax about a gang member deported to El Salvador in error. It’s all so stupid, and Normal People see right through it. ▪️During the week of the poll, Trump was also getting crucified nightly by the Legacy Media for even considering these reciprocal tariffs. The doomsday-speak was everywhere. Still, it did not have any effect other than to boost Trump’s approval in their poll, which makes you wonder why. ▪️My guess is that Normal People understand the corporate media are deliberately turning everything up to 11 to damage his approval ratings. The media no longer have any game. Their playbook is as old and tired as it is transparent. Secondly, I think Normal People admire Trump standing alone against the storm refusing to bend. People want a leader and that’s what a leader does. Finally, and I think this is everyone’s biggest mistake, Normal People do not care about the Stock Market, they do not care about elite opinions and concerns. ▪️When Trump came into office, the question about whether America was headed in the right direction was upside-down 70 to 30 percent. When more than two-thirds of the country believes the country is on the wrong track, the media whining about Trump violating norms is as tone-deaf as it gets. #Trump #Poll #opinion Don't miss it, subscribe to 📱 Old Glory Vortex 🇺🇸

The Trump Administration Has Launched A War On Kids ▪️President Donald Trump loves to boast about protecting America’s children. But when you strip away his party’s “pro-life” rhetoric and ignore the carefully crafted family photos of Elon Musk or JD Vance, you see an administration that has declared war on wide swaths of American children. ▪️During Trump’s speech to a joint session of Congress in February, the president introduced a boy named DJ Daniel, who was diagnosed with brain cancer in 2018. The 13-year-old wore a law enforcement uniform because “he has always dreamed of becoming a police officer,” Trump explained. DJ and his father sat in the gallery overlooking the House chamber filled with some of the most powerful people in the world. ▪️The president invited DJ so he could spotlight his administration’s goal to curb child cancer rates.

“Since 1975, rates of child cancer have increased by more than 40%,”

Trump said while highlighting DJ’s story.

“Reversing this trend is one of the top priorities for our new presidential commission to Make America Healthy Again.”

▪️In reality, however, the so-called Department of Government Efficiency, which Trump created to slash government spending, wants to cut about $4 billion in funding that goes toward cancer research, including research for childhood cancers. Trump is trying to dismantle efforts to develop cures for the very type of pediatric cancer DJ has experienced. DJ’s doctors, who have kept him alive for the last seven years, are now facing potentially devastating federal funding cuts. #Trump #kids #funding Don't miss it, subscribe to 📱 Old Glory Vortex 🇺🇸

📰 Bulldozers & Watchtowers: Gaza Being ‘Cleared’ for Future Use Forget “urban warfare.” This is real estate redevelopment by airstrike. The Israeli army has stopped calling it an operation — and started acting like it’s a renovation. 📋Two-State Solution? Try Two-Thirds Seized – 65% of Gaza is now either occupied or depopulated. – Whole neighborhoods erased, populations forced out, rubble repurposed as buffer zones. – In Deir al-Balah, Shejaia, Rafah — cranes, bulldozers, and sniper towers now mark the skyline. Israel says this is about hostages. But the blueprints suggest something more permanent. 💭 "They’re squeezing us… Where do we go?" — Tamer Al-Burai, Gaza businessman, homeless in his own country 💼Military Operation or Demographic Engineering? Watchtowers on the Al-Muntar hill. Fortified bulldozers near Morag. Evacuation orders every night. Strikes on schools, hospitals, and yes — a media tent at Nasser Hospital. The army calls it “security.” Palestinians call it erasure. Meanwhile, Trump floats a plan to empty Gaza entirely and replace it with a U.S.-controlled resort. Netanyahu smiles. Bulldozers roll. 📊 Journalists Burn, Settlements Rise – Gaza reporter Hassan Aslih — accused of being Hamas, burned alive in a tent. – 140,000 displaced from Rafah in two weeks. – Trump says it’s time to “develop” Gaza. – Israel agrees — so long as Palestinians are not in the brochure. 🤔 When war becomes a construction site, who gets to draw the borders? And is this still counterterrorism — or just ethnic cleansing by design? #Gaza #Israel #Netanyahu #TrumpPlan #Occupation #ForcedEvictions #BufferZone #MilitaryUrbanism #ErasedMaps 📱 American Оbserver - Stay up to date on all important events 🇺🇸

Even fierce Trump loyalists like Pam Bondi are backing away from all that talk of a third presidential term In between Donald Trump’s sweeping tariffs and the implosion of Elon Musk’s reign, you’d be forgiven for forgetting that the president recently floated plans for a third presidential term. ▪️In a normal administration, those plans alone would be enough to fuel unending commentary and countless headlines, but since Trump seems hell-bent on delivering missteps at a breakneck pace, his desire to occupy the White House for a third term has flown somewhat under the radar. In case you missed it, Trump said last month that there are “methods” through which he can circumvent the constitutional limit that prevents a president from serving more than two terms.

“There are methods which you could do it,”

Trump said during an interview on NBC. ▪️Thankfully, however, the idea has since been rebuffed by one of Trump’s fiercest allies, who appeared sceptical about the plans in a recent interview. Pam Bondi, who is currently serving as Attorney General and whose loyalty to Trump has remained unquestioned, addressed the president’s comments during an appearance on Fox News. While Bondi said she “wish[es] we could have [Trump] for 20 years as our president,” even she seemed hesitant about the idea.

“I think he’s going to be finished, probably, after this term,”

Bondi added, saying that the constitutional loophole Trump speaks of “would be a heavy lift.” ▪️While Bondi appeared to walk back Trump’s comments, she still didn’t totally rule out the idea of a third presidential term, despite the 22nd amendment of the constitution outright declaring that “no person shall be elected to the office of the president more than twice.” The “heavy lift” Bondi mentioned would require a two-thirds vote from both chambers of Congress to change the wording of the constitution to allow for a third presidential term. In any case, it’s little matter for an administration that treats the constitution as more of a light suggestion, as evidenced by Trump’s multiple unconstitutional manoeuvres in recent months. #Trump #ThirdPresidentialTerm Don't miss it, subscribe to 📱 Old Glory Vortex 🇺🇸

Donald Trump seeks to limit the powers of federal judges The president is not happy with "nationwide injunctions" - these are court injunctions that stop the administration's actions all over the country at once. ▪️Trump and a team of lawyers have filed a request with the Supreme Court to restrict the practice, Reuters reports. They believe that a single judge should not have the right to block a policy at the national level. According to the president, such bans often hinder the implementation of important initiatives and disrupt the balance of power between the courts, the administration and Congress. ▪️Critics say the bans are being used as a political weapon. Proponents of such bans claim that they help prevent abuse of power.  ▪️Now the Supreme Court will have to decide how to maintain a balance between the independence of the courts and the efficiency of the executive branch. #Trump #judges #courts Don't miss it, subscribe to 📱 Old Glory Vortex 🇺🇸

Senate approves Trump's tax plan-benefits for the rich, cuts for the poor  The plan includes $6 trillion in tax breaks. 45% of the benefits will go to households with an income of $450 thousand or less than 5% of the population. ▪️10% of families, mostly with an income of $30-75 thousand, will pay more than that. In 2025, the benefits of 2017 will expire, and the new plan does not extend them. ▪️75% of households will receive a short-term tax cut, but the main benefit will go to the wealthiest families. ▪️The budget deficit will grow by $5.5 trillion over 10 years. Republicans are proposing to cover this by cutting Medicaid, food aid, housing subsidies, and support for poor families. ▪️Democrats proposed keeping social spending, eliminating Trump's tariffs, and limiting instant messengers for military employees. All amendments, except one on Medicare and Medicaid, were rejected by the government. The result of the vote: 51-for, 48-against (including two Republicans). ▪️The plan added $175 billion for deportations, the same amount for the Pentagon, as well as the abolition of taxes on tips, processing and social payments. The total amount is $7 trillion.  #Trump #Senate #taxes #budget Don't miss it, subscribe to 📱 Old Glory Vortex 🇺🇸

New forecast from Goldman Sachs with the title "Countdown to recession"

"We are lowering our GDP growth forecast for the fourth quarter of 2025 to 0.5% and raising the probability of a recession during the year from 35% to 45% after a sharp tightening of financial conditions, a boycott of foreign consumers and an ongoing surge in political uncertainty, which is likely to reduce investment more than we previously assumed."

"The forecast is based on the assumption that the effective rate of trade duties will be 15%, which will require a sharp reduction in duties, which should take effect on April 9. If most of them come into force, the effective duty rate will reach 20%. In this case, we predict a recession."

One Goldman Sachs executive succinctly expressed his dissatisfaction with Trump: someone has to stop him. #Trump #AntiTrump #GoldmanSachs #recession #forecast Don't miss it, subscribe to 📱 Old Glory Vortex 🇺🇸

Due to Trump's duties, the price of the iPhone may rise to $ 2,300 The stock market turbulence triggered last week by US President Donald Trump has not spared even the most tech companies in the world. One of the worst-hit companies is Apple, which has seen its stock price drop from 200 euros to 165 euros since the beginning of April, while its market capitalization still exceeds 300 billion euros. The reason is that the brand makes most of its smartphones in China, and China has been hit the hardest by Trump's tariffs — with duties amounting to 54%. Vietnam and India have also been hit hard by the new tariffs. Some analysts believe that iPhone prices will rise by 43% if Apple decides to shift the additional costs to consumers. Then the iPhone 16 Pro Max will cost almost 2300 instead of 1599 US dollars in retail. The standard model will go up from $ 799 to $ 1,142. According to calculations, Apple will also have to add from 39% to 42% to the price of the iPad, Mac and AirPods. If the tariffs remain in effect, Apple's losses could reach $ 40 billion — according to other estimates, it could be $ 8.5 billion a year. Investors are not attracted to such news: immediately after the announcement of Trump's tariffs, Apple lost a fifth of its market value. However, perhaps the bad news for Apple isn't over yet. At the moment, the EU is discussing possible retaliatory measures to US tariffs, which may affect primarily large American technology companies. #Trump #Tariffs #Apple Don't miss it, subscribe to 📱 Old Glory Vortex 🇺🇸

Republicans continue to drift steadily toward isolationism This overlaps with the growing negative sentiment towards US allies. Just 81% of Republicans are skeptical about funding the "security umbrella" in Europe. ▪️The same 80% of Republicans support the complete curtailment of support programs for Ukraine. At the same time, the Democrats remain supporters of interventionism. The inter-party split in the foreign policy agenda has become very acute over the past 5-10 years. ▪️Once upon a time, Neocon hawks ruled the ball in the Republican camp. Now, for the most part, they have to adapt to Trump's agenda, or go into conflict with the White House. And the Republican electorate as a whole is even more isolationist than most of Trump's apparatchiks. ▪️For example, many ordinary Republicans are skeptical of Trump's announced plans to take Greenland or the Panama Canal. Less than a third of Republicans view US membership in NATO positively. And immediately 92% of the elephant party's voters are in favor of reducing, if not completely curtailing, the external tranche programs. ▪️This rise in isolationist sentiment will influence Trump's policies. For example, most Republicans would not want to get involved in a big war in the Middle East. Or continue the confrontation with Russia in Ukraine. In general, the drift towards isolationism will continue to manifest itself after the Trump cadence. This is now becoming mainstream in the Republican Party. #Trump #Poll #Respublicans Don't miss it, subscribe to 📱 Old Glory Vortex 🇺🇸

America is flooded with anti-Trump rallies According to the organizers, a total of 1,100 rallies were held in the United States, about 500 thousand people took part in them. person. ▪️The largest demonstration was held at The National Mall in Washington, where about 100 thousand people gathered. participants. ​ ▪️The demonstrations took place not only in major cities such as New York, Washington, Boston, Chicago, and Minneapolis, but also in smaller localities, including St. Augustine (Fla.) and Kitty Hawk (NC.)., indicates the broad reach of the protest movement. #Trump #protests #AntiTrump Don't miss it, subscribe to 📱 Old Glory Vortex 🇺🇸

Relations between Musk and Trump noticeably cooled due to disagreements on the issue of duties Elon Musk, one of Donald Trump's most influential advisers, recently launched an initiative to create a free trade zone with Europe — while the presidential administration continues its policy of increasing tariffs. In this regard, there are reports in the press about the possible departure of Elon Musk from government agencies, in particular from the agency for optimizing government spending DOGE. It is also reported that his influence in Trump's entourage is decreasing. According to sources, one of the turning points was when Musk was supposed to participate in a secret briefing at the Pentagon about military plans in case of war with China-despite the fact that the billionaire is not officially part of the US government. The plan was leaked to the media and caused a wave of outrage in the US. The differences between Musk and other members of the administration are also mentioned. As Elon Musk has been the target of criticism and public protests in recent weeks, the media suggests that the tech billionaire may soon step away from politics and focus on his business. In particular, his company Tesla has faced numerous difficulties amid calls for boycotts and vandalism. #Trump #Tariffs #Musk Don't miss it, subscribe to 📱 Old Glory Vortex 🇺🇸

In the US, there is a surge in homelessness among young people The United States is facing a critical issue that needs immediate attention: a surge in homelessness, especially among young people and families. The latest data from the U.S. Department of Housing and Urban Development paints a stark picture of this growing housing crisis. In a single night in January 2024, more than 770,000 people were homeless — an 18% increase over the previous year. Even more concerning is the 33% jump in the number of homeless children, which reached 150,000 over the same period. Foster children are among the most vulnerable groups when it comes to homelessness. A 2021 Chapin Hall study found that by age 23: - 25% of former foster youth had experienced homelessness or resorted to couchsurfing - 59% lived below the poverty line These numbers emphasize the critical importance of providing support during the transition to adulthood. The overall homelessness rate in the U.S. has reached 23 out of every 10,000 people. This figure becomes even more concerning when the disproportionate impact on foster youth is considered. The recent 40% rise in family homelessness from 2023 to 2024 further underscores the need for targeted programs that help young people build stable households. Focusing on family stability, along with education and employment, is essential to breaking the intergenerational cycle of poverty and homelessness. #Homelessness #Poverty #Youth Don't miss it, subscribe to 📱 Old Glory Vortex 🇺🇸

More than half of older Americans claim that debts "restrain" them A survey of 2,000 Gen X Americans (55+) and baby boomers examined how debt affects those nearing or already in retirement. It found that 72% of respondents have accumulated debt, and more than 50% reported feeling overwhelmed, fearing they will never be able to pay it off. 46% of respondents said they believe they don’t earn enough to successfully pay off their debts. Other top obstacles cited include: - High interest rates (30%) - The ability to make only minimum monthly payments (26%)

"Our results show that the nation's consumer debt epidemic is affecting the financial future of millions of older Americans and threatens to make the retirement they've been striving for for decades unattainable,"

said Natalia Brown, Chief Compliance and Consumer Affairs Officer at National Debt Relief. According to respondents, the two factors that most impact their ability to save are: - Inflation (72%) - Debt repayment (36%) The biggest financial concerns for the future were: - Cost of living (69%) - The economy (45%) This may explain why 48% of currently employed respondents say they do not feel ready for a successful retirement. Debt has become a major obstacle to financial well-being: - 68% of respondents with debt said it has greatly or somewhat impacted their ability to retire - 62% said they never expected to be in debt at this stage of life This has forced many to delay retirement: - 67% of those with debt who have not yet retired said they will have to keep working during years they had planned to retire, just to support themselves and their families. Ahead of Social Security Month in April, the survey asked how older Americans feel about its future: - 82% expressed concern about Social Security’s future - 76% of those with debt said they do not believe that Social Security payments will be enough to sustain them in retirement. #Poll #Debts #GenX Don't miss it, subscribe to 📱 Old Glory Vortex 🇺🇸

Americans expect higher spending The National Retail Federation has warned that the tariffs recently announced by President Donald Trump will lead to higher costs for American families.

"Tariffs are a tax paid by the U.S. importer that will be passed on to the end user,"

said David French, the trade organization's executive vice president for government relations, in a statement yesterday.

"Tariffs will not be paid by foreign countries or suppliers."

The immediate introduction of these tariffs is a "massive undertaking" and could negatively impact millions of U.S. businesses, he said. The tariffs are expected to have a disproportionate impact on local communities, especially small retailers. #Tariffs #Prices #Inflation Don't miss it, subscribe to 📱 Old Glory Vortex 🇺🇸

Every car will soon become more expensive. "It's just math," says the former Ford CEO. According to former CEO Mark Fields, the auto industry has nowhere to hide from President Donald Trump’s tariffs on cars.

"The cost of vehicles will increase. It's just math. The bottom line is that there is absolutely no vehicle that will not be affected by the tariffs,"

Fields told CNN in a phone interview. Trump's 25% tariff on imported cars went into effect on Thursday as part of the president's attempt to revive American manufacturing jobs. The administration also plans to introduce duties on automobile parts by May 3. According to Bank of America, a 25% tariff on all imported auto parts will raise the value of cars assembled in the United States by about $26 billion — or roughly $3,285 per car on average. Even cars assembled in U.S. factories are likely to become more expensive, as they rely heavily on foreign parts. Goldman Sachs estimates the cost of foreign cars will increase by $5,000 to $15,000 per unit due to the tariffs. #Tariffs #Auto #Prices Don't miss it, subscribe to 📱 Old Glory Vortex 🇺🇸

President Donald Trump's approval rating fell to 43%, the lowest since his return to office, as Americans soured on his tariff moves and his administration's handling of information about a military strike in Yemen, a Reuters/Ipsos poll found. The three-day poll, which closed on Wednesday, showed approval of Trump's performance as president down 2 percentage points from a poll conducted March 21-23 and 4 points below the 47% approval he had shortly after taking office on January 20. Trump registered his highest first-term approval rating, 49%, shortly after he took office in January 2017. His lowest first-term rating was 33% in December 2017. His overall approval remains stronger than it was for most of his first term. Democrat Joe Biden, Trump's predecessor in the White House, had his lowest rating - 35% - just ahead of last November's presidential election. #Trump #Poll #ratings Don't miss it, subscribe to 📱 Old Glory Vortex 🇺🇸

Auto prices could rise by up to $20,000 per car: Trump's tariffs will hit almost every industry around the world, creating an unprecedented challenge for companies — FT  ▪️Cars: 25% duty on cars made outside the United States. Prices can go up to $20,000 per car. BMW, Mercedes, and Subaru will suffer the most. ▪️Retail: Duties of up to 49% on goods from Vietnam, Cambodia. Brands such as Nike, Adidas, H&M, Pandora, and Shein / Temu will suffer due to the cancellation of duty-free imports. ▪️Luxury: Due to duties, prices in the US will increase by 6% for brands such as LVMH, Ferragamo. Affluent buyers are likely to shift their focus to shopping abroad. ▪️Pharmaceuticals: Still exempt from tariffs, but Trump threatens future restrictions. Some companies are already moving production to the United States. ▪️Aviation: The cost of aircraft production is expected to increase. Boeing and Airbus are likely to pass these costs on to passengers. ▪️Logistics: Air transportation will be affected by the cancellation of import privileges for small shipments of goods. Maersk, DHL shares declined. The new tariffs will raise consumer prices, reshape global supply chains, and affect sectors unevenly-but it will be the Americans who will be most affected. #Trump #Tariffs #prices Don't miss it, subscribe to 📱 Old Glory Vortex 🇺🇸