‘He’s got a bit of a curse’: White House Billionaire Howard Lutnick’s role as tariff cheerleader faces mounting scrutiny amid market turmoil 🇺🇸 As the White House has kicked off its trade war in fits and starts, issuing a litany of haphazard tariffs on a range of imports, Lutnick has assumed the role of cheerleader in chief. It has not gone well.
The stock market has plummeted. Consumer sentiment has turned negative. Business leaders around the world are now preparing for a widespread pull back in investment and earnings.
https://amp.cnn.com/cnn/2025/03/18/politics/howard-lutnick-trump-trade-war-cheerleader
What if the tariff plan fails? Trump is ready to blame one man
https://www.independent.co.uk/bulletin/news/trump-tariffs-howard-lutnick-fail-b2726170.html
‘He’s got a bit of a curse’: White House Billionaire Howard Lutnick’s role as tariff cheerleader faces mounting scrutiny amid market turmoil 🇺🇸 As the White House has kicked off its trade war in fits and starts, issuing a litany of haphazard tariffs on a range of imports, Lutnick has assumed the role of cheerleader in chief. It has not gone well.
The stock market has plummeted. Consumer sentiment has turned negative. Business leaders around the world are now preparing for a widespread pull back in investment and earnings.
https://amp.cnn.com/cnn/2025/03/18/politics/howard-lutnick-trump-trade-war-cheerleader
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Chinese AI start-up Zhipu AI unveiled a free AI agent on Monday, in the latest example of what has been described by some industry leaders as "explosive growth" in China's AI industry marked by a rising number of products and technological advancements.
Specifically, AutoGLM is capable of performing complex "thinking" and executing tasks simultaneously, Zhipu AI CEO Zhang Peng said at the launch event, adding that it is capable of opening and browsing web pages like a human being and conducting tasks such as data retrieval, analysis and research report writing.
https://www.globaltimes.cn/page/202503/1331253.shtml
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Tech giant IBM is set to cut around 9,000 jobs in the US in 2025 🇺🇸 with a significant portion of the affected roles expected to shift to India, The Register reported citing sources familiar with the matter. So far it seems that most US companies will not move jobs to the US because of tariffs. In the end Americans will pay higher prices and the potential Trump Administration tax cuts will be less than the higher prices when added up over next 4 years for most Americans. The main people benefiting from the tariffs are the Project 2025 billionaires and the White House billionaires who will get massive tax cuts, overall billionaires seem to have too much influence over the Trump Administration.
https://finance.yahoo.com/news/ibm-slash-nearly-9-000-130352744.html
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Will the stock market keep going down all year? Inflation picked up last month and consumers barely raised their spending, signs that the economy was already cooling even before most tariffs were imposed.🇺🇸 It seems Americans will be spending even less as tariffs will also increase prices and most seem to be waiting for economic stability from the current administration before they start spending again.
Brown estimates that economic growth could fall to zero in the first three months of this year, down from 2.4% in last year’s fourth quarter.
https://apnews.com/article/economy-consumer-spending-tariffs-c8be092ecf06a81ad79c4c8f921c7cbe
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burger & fries + ginger soda #nyc
[Diets high in processed carbs and saturated fats have been associated with the development of cardiovascular disease]
Does it seem like the Project 2025 billionaires teamed up with some of the tech billionaires to influence the Trump administration to get rid of services and funding for Americans so that said billionaires can get more tax cuts and make more money for billionaires? 🇺🇸 Critics call this the “Trillions for Billionaires” program. Per reports the Project 2025 billionaires include the Coors family, the Koch family, the Uihlein family, the Scaife family, the Seid family, and the Bradley family.
