Sorry, kid, but tariffs hit the North Pole, too.Donald Trump talking about kids getting less presents this year at Christmas because of his horrible policies is total Grinch vibes.pic.twitter.com/PWLobQIXjL
— Art Candee 🍿🥤 (@ArtCandee) April 30, 2025
Torsten Slok, chief economist at Apollo, laid out a timeline in a presentation for clients that showed when the impact of tariffs announced by President Donald Trump could hit the U.S. economy. Based on the transport time required for goods from China, U.S. consumers could start to notice trade-related shortages in their local stores next month, according to the presentation.Supply chains: broken until at least Xmas. And Ebenezer Trump telling us all to suck it!
“The consequence will be empty shelves in US stores in a few weeks and Covid-like shortages for consumers and for firms using Chinese products as intermediate goods,” Slok wrote in a note to clients Friday.
April 2: Tariffs announced, containership departures from China to U.S. slowing
Early-to-mid May: Containerships to U.S. ports come to a stop
Mid-to-late May: Trucking demand comes to a halt, leading to empty shelves and lower sales for companies
Late May to early June: Layoffs in trucking and retail industries
Summer 2025: recession
Trump recreating Jimmy Carter’s MEOW speech is going to be the cherry on the sundae. He’ll just tell us it’s all our fault for not clapping loudly enough to revive Tinkerbelle. Or more likely it’s our tough luck and don’t come whining to him about it.
Nothin’ but good times ahead!
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