Arman Walker
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Arman Walker
@armanwalker.bsky.social
4.9K followers 7K following 2.1K posts
Economist, Entrepreneur, Finance, Economic Development
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Trump chaos making tariffs, resulting trade disputes are keeping international tourists away from U.S. shores. Local tourism groups are launching campaigns to convince travelers America remains an appealing destination despite political differences.

ICE melts.
International Tourism Plummets 10%, Costing U.S. Economy Billions in 2025
Vehicle Repossessions Hit Highest Level Since 2009

Nearly 2 million vehicles were repossessed last year, the highest since 2009.
America has a freight and trucking crisis.

"According to the American Trucking Association, there's a shortage of 50,000 truck drivers nationally. It's increasing shipping costs not just to businesses, but to consumers, too,"
Freight companies have struggled despite demand.

Multiple bankruptcies have already been filed in October.

High operating costs and tariffs remain risks.
Chapter 11 and 1 Chapter 7 bankruptcy hit the shipping industry
Minnesota soybean farmers calling for help amid tariffs

With the government shutdown, it's unclear when farmers could see any relief.
Canada Heading Towards Recession As Trump's foolish Tariffs Continue
Because paying zero is to low?

Energy abundance, not net zero, will lower electricity prices

Story by Gabriella Hoffman, Washington Examiner
It is projected that over three million cars could be repossessed in 2025, a level only reached in 2009 during the Great Recession.
Car repossessions approaching record high as delinquency rates soar
In Dumb Dumb Economic News

Trump warns US will be 'struggling for years' if Supreme Court rules against him on tariffs
Nation’s nuclear weapon watchdog gutted to just 400 workers from nearly 2,000 as Trump shutdown layoffs hit agency
During his remarks at Pennsylvania's Energy and Innovation Summit in July, Donald Trump ignorantly implied that China doesn't produce wind energy. A quick search on the internet will show that China is the global leader in wind energy production.
'China, Where's Your Wind Farm?': Trump Tests The Limits Of His Ignorance, Cluelessly Believes China Doesn't Make Renewable Energy
Chinese GDP rose 5.2% in the first three-quarters of 2025, and exports to non-U.S. markets surged 14.8% even as shipments to America fell.

Beijing’s diversification strategy suggests it is weathering the tariff war far better than Trump figured.
Trump’s hand in the tariff war he started gets weaker as China GDP comes in ahead of growth forecasts
Over 100,000 Homes Enter Foreclosure As Mortgage Stress Spreads Nationwide

Foreclosure filings hit 101,513 properties in Q3 2025 as Americans struggle with increased costs and economic pressure. Banks repossessed 33% more home foreclosures than last year.
Business owners say tariffs are driving up their prices

As draconian tariffs by the Trump administration remain in effect, business owners across the country are grappling with whether to raise prices or not. Most, over two out of three, are raising prices on consumers.
Layoffs Surge 220%: Eastern States Bear Brunt of Federal Job Cuts

Doge eliminates 287,000 federal positions while retail and tech sectors announce major workforce reductions nationwide.
Last year, 1.73 million cars were repossessed, the highest number since 2009, according to Cox Automotive.
In August, subprime auto loans where borrowers missed payments for 60 days or more was 6.43%, according to Fitch Ratings. Bar 6.45% in January, this was highest delinquency level recorded since Fitch’s data began in 1993 (back then, rate was just 0.12%) and far above financial crisis peak of 5.04%.
Americans can’t afford their cars any more and Wall Street is worried
Republican farmer says immigration raids are decimating his work force
S&P Global estimates Trump’s tariffs will cost global firms $1.2T in 2025, with most costs passed to consumers. The report warns of shrinking profit margins and inflationary strain as companies adapt through tech and supply chain shifts.