Theo’s Thoughts

Theo’s Thoughts

“Attention Walmart Shoppers”

Think you've seen spikes in prices? As Al Jolson was famous for saying, "you ain't seen nothing yet."

Apr 28, 2025
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Both MAGA zealots and everyday old-school Republicans (if there are any of those remaining) have begun to voice their displeasure with Felon47’s on-again/off-again tariff plan. So far, the objections that have been raised have been primarily on principle, based on the obvious. Car parts from Canada and Mexico being hit with tariffs will obviously have a serious negative impact on the U.S. automobile industry. Tariffs on lumber will increase the cost of new housing.

But the impact of the sweeping tariffs haven’t yet fully reached the average U.S. consumer. All that is about to change, in a big way.

So-called reciprocal tariffs against China to the tune of 145% are about to hit middle America like a massive economic tornado. The tariffs Trump has imposed on Chinese imports have been matched by China with tariffs on U.S. goods, but there’s not exactly…

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