Wall Street Gets Mugged Over Tariffs—Stocks Tank, Pain Hits the Poor

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Yo, Wall Street just took a nosedive. Trump pulled up with new tariffs—slapped 10% to 41% taxes on imports from 69 countries. Markets freaked. S&P down. Nasdaq shaky. Traders scrambling like it’s 2008 all over again.

Why it matter? Easy. That move hits everything—groceries, tech, medicine. Working folks paying the bill. Senator Wyden wasn’t playing: “Families are getting fleeced while Trump signs secret deals in the backroom.”

Then you got the jobs report—only 73K new jobs? That’s trash. Plus they revised past months down 258K. That’s not a hiccup, that’s a collapse in disguise. Unemployment creeping up to 4.2%. Meanwhile, Trump’s out here pretending the economy’s strong while pulling the plug behind the curtain.

Bond yields dropped. Traders are now betting the Fed caves and cuts rates in September. It’s panic season—and the ones hurting first are always regular people, not the hedge fund bros.

Bottom line: Trump’s economic play is chaos dressed up in a suit. Markets bleeding, jobs fading, prices spiking. Real folks catching all the smoke.

Also, thanks to the community

Wall Street Gets Mugged Over Tariffs—Stocks Tank, Pain Hits the Poor

Yo, Wall Street just took a nosedive. Trump pulled up with new tariffs—slapped 10% to 41% taxes on imports from 69 countries. Markets freaked. S&P down. Nasdaq shaky. Traders scrambling like it’s 2008 all over again.

Why it matter? Easy. That move hits everything—groceries, tech, medicine. Working folks paying the bill. Senator Wyden wasn’t playing: “Families are getting fleeced while Trump signs secret deals in the backroom.”

Then you got the jobs report—only 73K new jobs? That’s trash. Plus they revised past months down 258K. That’s not a hiccup, that’s a collapse in disguise. Unemployment creeping up to 4.2%. Meanwhile, Trump’s out here pretending the economy’s strong while pulling the plug behind the curtain.

Bond yields dropped. Traders are now betting the Fed caves and cuts rates in September. It’s panic season—and the ones hurting first are always regular people, not the hedge fund bros.

Bottom line: Trump’s economic play is chaos dressed up in a suit. Markets bleeding, jobs fading, prices spiking. Real folks catching all the smoke.

Also, thanks to the community