

“…only about 4% of the tariff burden is shouldered by foreign firms, with a “near-complete” pass-through of 96% to US buyers…”


“…only about 4% of the tariff burden is shouldered by foreign firms, with a “near-complete” pass-through of 96% to US buyers…”


Text from article.
"In January 2020, Larry Fink, the chief executive of BlackRock, the largest asset manager in the world, stunned the business world by declaring that he intended to use the trillions of dollars managed by his firm to address global warming.
“Every government, company, and shareholder must confront climate change,” Mr. Fink wrote, calling for “a fundamental reshaping of finance.”
A few days later, Mr. Fink arrived in Davos, Switzerland, for the World Economic Forum’s annual gathering, donning a scarf featuring a design of the “warming stripes,” a pattern that depicts 150 years of rising global temperatures.
Mr. Fink’s impassioned call to address climate change was the unofficial start of a movement. Nearly every major financial institution was soon pledging to reduce emissions, joining high-minded alliances designed to phase out fossil fuels and promising to support clean energy. Environmental, social and governance factors, known as E.S.G., became a defining feature of Wall Street investing.
But six years later, many of those Wall Street institutions have walked back or abandoned their commitments." …


What if that is exactly what he wants?
https://washingtonspectator.org/peter-thiel-and-the-american-apocalypse/


Might it be akin to the Nixon Shock? https://en.wikipedia.org/wiki/Nixon_shock


That rich assh9le can suck it from behind.


Some might call this a "teachable moment ", no?


I believe they were potty trained at gun point.


Insert Cock Joke here.


There is no need to fight. I have love enough for both of them.


I’m just giddy with excitement. /s
Nobody ever expected a Fallout: Mad Max crossover event.

That sets up a nice sequel with some interesting ideas about the living undead and the horrific work conditions of the poor and social stratification of the Victorian era.
NASA let’s him spark the rockets. He invites everyone over on the weekend for barbecue but no one ever goes.
Regional? This guy’s all-conference and headed pro; zero doubts, first rounder.
Captain Taco Bell. One 4th meal too many changed him. Into the hero we never knew we didn’t want.


So does Elon… allegedly.


Wicked City? Not cyberpunk, but it definitely goes hyperviolent.
Another one bites the dust… Democratic Reps. Henry Cuellar (Texas), Don Davis (NC), Laura Gillen (NY), Jared Golden (Maine), Vicente Gonzalez (Texas), Marie Gluesenkamp Perez (Wash.), and Tom Suozzi (NY) joined all Republicans but Rep. Thomas Massie (KY) for the 220-207 vote that sent the legislation to the Senate—where the GOP also has a majority, but it’s so narrow that most bills need some Democratic support to pass.