The warnings from public trucking companies, including LTL providers, tells us that the Trade War is about to take a massive toll on the economy. Most Americans are blissfully ignorant that Main Street activity has sharply down shifted.
Bookings for container ships almost immediately collapsed after liberation day.
There are over 2.2 million truck drivers. Many are sole operators of their own trucks.
Stockouts will hit hard in late June/July and most notably back to school. Walmart, Target, Home Depot CEOs say pain will start being felt in a couple weeks.
With China tariffs at 145%, medium and small businesses — the ones without the power to negotiate relief — will be crushed. Many will go bankrupt.
If they stopped all this silliness today it would likely take another 60-90 days to get back on track. And that’s assuming the Asians are even still interested in exporting to US market.
Does anybody have any fucking idea what Big Brain is talking about? “Free up China and sell our product. Open China. But I’m not even sure I’m going to ask for it because they don’t want it open. But because of tariffs, I can possibly get that.” – Trump
Endless Big Brainonomics, like Biden but at a whole new level.
Meanwhile so much for shifting to domestic US.
You should do a deep dive into HB workers in the trucking industry now. They are a disaster happening now. Illegals are getting CDL’s without proper training and English speaking skills. There was a huge accident in Texas that killed at least five people. An illegal was responsible.
1 TRILLION EARMARKED FOR MILITARY BY TRUMP:
https://www.militarytimes.com/news/pentagon-congress/2025/04/08/trump-promises-1-trillion-in-defense-spending-for-next-year/