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Karen K. Ho karenho.bsky.social · May 11
Last year inflation was 2.9%, and the most it rose recently was 7% in 2021, which means a 10% "baseline" tariff is significantly higher than during the Covid-19 pandemic. **Importers** pay the tariffs, not other countries, and then the additional expense is passed onto customers and consumers.
- Aaron Rupar atrupar.com · May 11
  Lutnick: "We do expect a 10 percent baseline tariff to be in place for the foreseeable future ... what happens is the businesses and the countries primarily eat the tariff."
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nilay patel reckless.bsky.social · May 11
Wait I thought we were going to start manufacturing everything here
- Aaron Rupar atrupar.com · May 11
  Lutnick on his message to dockworkers who are out of work: "You should be very optimistic and positive, because the president truthed it out, and I rely on the president."
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Kai Ryssdal kairyssdal.bsky.social · May 11
Once again, the relevant fact here is that the Secretary of Conmerce is lying to the American public.
- Danielle Kurtzleben titonka.bsky.social · May 11
  There is no evidence that countries and businesses will “primarily eat the tariff.”
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Garrett M. Graff vermontgmg.bsky.social · May 11
The corruption here isn’t even my biggest concern. The security risk!?! The security risk is astronomical and totally unfixable. Listening devices? Tracking devices!? Software backdoors!? Intentional AND unintentional!? Unmeasurable risk.
- Michael Derby michaelsderby.bsky.social · May 11
  ABC reports Trump to take “flying palace” from Qatar and use it as temporary Air Force 1 before converting it to a personal possession.
  Trump administration poised to accept 'palace in the sky' as a gift for Trump from Qatar: Sources
  
  President Trump poised to accept "palace in the sky" as a gift from Qatar: Sources
  
  abcnews.go.com
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Clean Observer hammbear2024.bsky.social · May 11
What he’s referring to: the Russians tried to bug the steel columns in Moscow, history buffs.
- Waldo Jaquith waldo.net · May 11
  Replying to Waldo Jaquith
  There is no argument to be made that a Qatar-provided Air Force One can be made secure. A 747 contains hundreds of miles of wire and *millions* of parts. If it is not built as Air Force One, it is impossible to ever know that it is secure. Like the Russian embassy, it would have to be torn down.
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Nicholas Weaver ncweaver.skerry-tech.com · May 11
So much of what Trump has done in the past 3 months has been blatantly, blatantly unconstitutional. There is only one remedy: impeach and remove. Add this in particular to the list...
- Silly B Man lawnerd.bsky.social · May 11
  ABC not putting “the constitution expressly forbids this” in the headline is itself a bribe.
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mtsw mtsw.bsky.social · May 11
Stealing our money to give to Trump's private luxury plane. Hail to the thief
- Simon Rosenberg simonwdc.bsky.social · May 11
  Yes, American taxpayers, all of us, will be paying tens of millions of dollars to upgrade this private plane to allow it to be Air Force One. This too is a direct gift to Trump and his family from all of us.
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Costa Samaras costasamaras.com · May 11
Here’s the thing: you don’t.
- Steven T. Dennis steventdennis.bsky.social · May 11
  How do you make sure a jet provided by a foreign government is filled with hidden bugs?
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Matthew Stiegler matthewstiegler.bsky.social · May 11
Right. The flamboyant illegality isn’t the most significant thing about this. It’s profoundly un-American.
- gelbach gelbach.bsky.social · May 11
  Trump Sky Mahal is the sort of scandal that an effective political party could gain 4 senate seats from
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lowtax speedrun enjoyer rickywlmsbong.bsky.social · May 11
money is wasted on the rich, nowhere more so than among rich tech guys
- Kate Bevan katebevan.com · May 11
  This absolutely peak snark from @bryce.lol about how clueless and yet profligate Sam Altman is in the kitchen alone is worth the cost of an FT sub. www.ft.com/content/b180...
  Three things we learned about Sam Altman by scoping his kitchen
  
  All Drizzle, no sizzle
  
  ft.com
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