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BumRushDaShow

(151,141 posts)
Thu Apr 10, 2025, 03:34 PM Apr 10

Senate Democrat on Trump pause: 'Chaos is still up ... and it's still a 10-percent tariff'

Source: The Hill

04/10/25 2:03 PM ET


Sen. Amy Klobuchar (D-Minn.) said early Thursday that “chaos” and “confusion” were still high one day after President Trump implemented a 90-day pause on his administration’s “reciprocal” tariffs.

“I look at what happened yesterday, and yes, there was euphoria that he made some change. But in the cold reality of today, chaos is still up, confusion is up, and it’s still a 10-percent tariff,” Klobuchar said on MSNBC.

The Minnesota lawmaker said Americans are looking at their 401(k) plans and “they know where grocery prices are up, they know that this Trump tariff tax is still a huge problem for them in their everyday lives.”

The Trump administration’s 10-percent baseline tariffs remain on nearly all foreign trading partners, while tariffs on imports from China, the world’s second-largest economy, stand at 145 percent.

Read more: https://thehill.com/homenews/senate/5242960-trump-tariff-pause-chaos/

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Senate Democrat on Trump pause: 'Chaos is still up ... and it's still a 10-percent tariff' (Original Post) BumRushDaShow Apr 10 OP
Americans are looking at their 401(k) lapfog_1 Apr 10 #1
Just switched mine to money market for now. CousinIT Apr 10 #2
that was my intent lapfog_1 Apr 10 #3
Insiders made some sweet unearned capital gains, that GOP wants to end taxation for. IronLionZion Apr 10 #4
The average tariff is closer to 30% and is the biggest in a century and possible biggest in US history. . . nt Bernardo de La Paz Apr 10 #5

lapfog_1

(30,818 posts)
1. Americans are looking at their 401(k)
Thu Apr 10, 2025, 03:39 PM
Apr 10

This American cannot look at my 401K.

Fidelity Investments has been down for the last hour or so. I can't log in.

I can't imagine why....

CousinIT

(11,255 posts)
2. Just switched mine to money market for now.
Thu Apr 10, 2025, 03:45 PM
Apr 10

I can switch it back at a later time if things settle down, but I'm 3 years from retirement, so I am in no mood to lose any more fucking money right now.

IronLionZion

(48,556 posts)
4. Insiders made some sweet unearned capital gains, that GOP wants to end taxation for.
Thu Apr 10, 2025, 04:19 PM
Apr 10

Are we great enough yet?

Bernardo de La Paz

(54,819 posts)
5. The average tariff is closer to 30% and is the biggest in a century and possible biggest in US history. . . nt
Thu Apr 10, 2025, 08:58 PM
Apr 10
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