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Click On Picture To See Larger PictureCEO Jamie Dimon is calling it, recession is coming. We are already in a recession, Trump will pull us out of it. Ds trying to stop Trump's tariffs. Countries ready to negotiate, Trump pauses tariffs for those countries. China and the EU fight back with reciprocal tariffs, this will not end well for them. Trump main target is the Fed. The [DS] is still trying to use judges to stop Trump's agenda, in the end this will fail. They are trying to use judges in the correct jurisdiction. Trump has set the timeline for the [DS] treasonous acts. Trump will show how the [DS] committed treasonous against the US. In the end Trump will have the final move, checkmate.
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Economy
https://twitter.com/KobeissiLetter/status/1909947842845614115
https://twitter.com/WallStreetMav/status/1909935573772738708
Schumer: We Want to Take Tariff Authority from Trump We Allowed Biden to Have Because Trump’s ‘Going So Overboard’
Chuck Schumer (D-NY) r “Congress has always had the power to deal with tariffs, and we’ve always had these fights in the past on some of the tariff issues as well. But now that Trump is going so overboard, Congress can, has every legal authority to take those powers back, and that’s what we aim to do.”
Source: breitbart.com
https://twitter.com/disclosetv/status/1909961646929301808
China is the Auto Capital of the World
China is the world’s largest car producer and exporter. A little-known fact is that China first became the world’s largest car exporter back in 2023, with low-cost EV companies BYD and Chery in the spotlight. The nation’s auto sector has been steadily expanding since then, with Chinese brands reaching an all-time high of 69.4% of domestic passenger vehicle market share in Q1 2025.
Overall, China exported 5.86 million vehicles in 2024, a 19.3% annual increase. Mexico, Russia, Brazil, and the UAE were the top buyers. China sold 4.96 million passenger vehicles (19.7% YoY increase), 900,000 commercial vehicles (17.5% YoY increase), and 1.28 million new energy vehicles, as well as 987,000 battery-electric vehicles.
Japan is the world’s second-largest car exporter, exporting 4.22 million vehicles in 2024. This marked a -4.5% decline from 2023. Toyota remains Japan’s leading vehicle, accounting for $312.28 billion in revenue and 830,048 million vehicles.
Germany is holding onto third place in auto exports. In 2024, Germany exported 3.4 million passenger cars, marking a 2.5% annual increase. Around 25.9% of all vehicles exported from Germany last year were electric. Volkswagen Group remains Germany’s star, generating $354.86 billion in revenue for the year.
Source: armstrongeconomics.com
Scott Bessent Reminds China They Need Access To US Market Far More Than America Needs Access To Their Economy
Treasury Secretary Scott Bessent warned that China’s decision to retaliate against President Donald Trump’s tariffs will ultimately backfire.
China announced it is raising tariffs on American goods from 34% to 84% in response to Trump hiking tariffs on Chinese goods from 54% to 104%, Bessent thats because China exports far more to the U.S. than it imports, it has more to lose in a trade war.
China exported $438.9 billion worth of goods to the United States in 2024 while the U.S. exported $143.5 billion to China, according to the U.S. Trade Representative. Consumer spending in America makes up nearly 70% of its Gross Domestic Product (GDP), according to J.P. Morgan Asset Management.