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Steve Craven @kekepana.bsky.social · 8h

Cooking oil? Really?

Trump threatens China with cooking oil embargo over soybean snub

President Donald Trump said the U.S. is considering ending its cooking oil trade with China in retaliation for Beijing refusing to buy U.S. soybeans.

www.cnbc.com

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Steve Craven @kekepana.bsky.social · 8h

The IMF appears to be relying on more and more TACOs to increase growth. Might be premature.

IMF lifts growth outlook on more benign tariffs as revived US-China trade war looms

The International Monetary Fund said that recent trade deals have avoided the worst of Trump's threatened tariffs, but warned that a renewed U.S.-China trade war could slow output significantly.

www.reuters.com

Steve Craven @kekepana.bsky.social · 10h

The only thing keeping me on FB is that I would losse touch with so many friends and family if I left. But it is becoming more of a propaganda tool for the tyranny.

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Steve Craven @kekepana.bsky.social · 1d

Our Pacific Island population needs to be included. The map gives the impression that Hawaii leans Italian. In fact, we celebrate Discovers Day, remembering the ancient Polynesian navigators, Captain Cook, or both, as you choose. Columbus is irrelevant out here.

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Steve Craven @kekepana.bsky.social · 1d

Have you no shame? Six years old.

A 6-year-old handcuffed behind her back by one of Trump’s thugs.

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Steve Craven @kekepana.bsky.social · 1d

Like everything else, the GOP budget will be ready in another couple of weeks - eternally.

Steve Craven @kekepana.bsky.social · 1d

We are reaching the point at which Trumpian tariffs become effective embargoes on trade. I’m sure American farmers will appreciate the higher costs and lack of choice that their orange tyrant is forcing on them.

One of Europe’s biggest farm machinery firms halts US exports over ‘hidden’ tariffs

Krone says ‘alarming’ levies on about 400 goods including hair dryers and combine harvesters have forced pause

www.theguardian.com

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Steve Craven @kekepana.bsky.social · 1d

MAGAs aren’t really into establishing cause and effect if it might interfere with their preconceptions.

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Steve Craven @kekepana.bsky.social · 1d

The U.S. Mainland may celebrate Indigenous Peoples Day or Columbus Day, take your pick. Here in Hawaii, we call it Discoverers Day. We can celebrate the arrival of the ancient Polynesian voyagers a thousand years ago or the more recent exploits of Capt. James Cook. Or both. Columbus is irrelevant.

Ancient Polynesian voyaging canoe in the Doldrums. Painting by Herb Kane.

Steve Craven @kekepana.bsky.social · 1d

The orange Tariff Man is doing his very best to impoverish Americans.

How the United States is eating Trump's tariffs

U.S. companies and consumers are bearing the brunt of the country's new import tariffs, early indications show, contradicting assertions by President Donald Trump and complicating the Federal Reserve's fight against inflation.

www.reuters.com

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Steve Craven @kekepana.bsky.social · 1d

They never say how much the protesters are paid. Or how I can apply for the job. I still haven’t found our local Antifa office.

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Steve Craven @kekepana.bsky.social · 1d

I favor an embargo on smooth, but subsidies to boost crunchy production.

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Steve Craven @kekepana.bsky.social · 1d

“There is … one big difference between Trump’s trade policy and China’s. Namely, the Chinese appear to know what they’re doing.”

How Trump Is Making China Great

Why we’re going to lose the trade war, and much more besides

open.substack.com

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Steve Craven @kekepana.bsky.social · 2d

Mona, Simon, I like BlueSky but still mourn the loss of good people who we lost in the flight from “trade Twitter”. But BlueSky has attracted some of the journalists who need ideas and experience on trade matters. It’s important that, whatever comes, we don’t leave those journalists behind.

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Steve Craven @kekepana.bsky.social · 4d

Another day watching little Donnie play with his tariffs. I don’t think he will ever grow out of this game.

Trump threatens 100% China tariffs as Beijing restricts rare-earth exports

President accuses China of ‘very hostile’ moves and says additional tariffs could come on 1 November ‘or sooner’

www.theguardian.com

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Steve Craven @kekepana.bsky.social · 4d

Retaliation can be such fun! But this will have limited impact because so few U.S.-flag vessels survive in international shipping. China’s retaliation will be more important to foreign shipping lines with substantial U.S. ownership. Don’t think this was what the tyrant intended with his port fees.

China hits US ships with retaliatory port fees before trade talks

China has hit American-owned vessels docking in the country with tit-for-tat port fees. The announcement was made by China's Ministry of Transport on Friday.

apnews.com

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Steve Craven @kekepana.bsky.social · 4d

Let’s nominate Antifa for the 2026 prize.

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Steve Craven @kekepana.bsky.social · 4d

Sometimes slowly, but inexorably, the orange tyrant’s tariffs are coming for you.

Retail Prices Were Heading in the Right Direction—Then Tariffs Hit | Working Knowledge

An analysis of 350,000 products by Alberto Cavallo shows how levies are reaching consumers.

www.library.hbs.edu

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Steve Craven @kekepana.bsky.social · 4d

Fully agree.

Steve Craven @kekepana.bsky.social · 4d

Krugman makes a great point that Trump’s tariffs encourage importers to avoid or evade them. All his exceptions and special favors make that easier. And pulling CBP off for immigration raids means there are fewer experienced agents who know what they are seeing when they check customs invoices.

Leprechauns, Effective Tariffs and Inflation

Yes, tariffs are hurting us. No, Trump wasn’t right.

open.substack.com

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Steve Craven @kekepana.bsky.social · 5d

They’re fully focused on Antifa now. Foreign enemies are free to do as they wish.

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Steve Craven @kekepana.bsky.social · 5d

The Führer doesn’t understand how the process works. Nominations for the 2025 prize closed months ago. The Gaza “agreement” could make him eligible next year if it is finalized, and seems to produce lasting peace. We’re a long way from that. He won’t get it Friday.

Truly, madly, deeply: Trump’s desire for a Nobel peace prize is driving diplomacy

The US president’s fervid pursuit of the award is believed to have been a key motivator in brokering peace deals in Ukraine and Gaza

www.theguardian.com

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Steve Craven @kekepana.bsky.social · 5d

With so many agents reassigned to do immigration raids, the orange Führer may have created a dandy time to conduct criminal activity in the United States. But the cretin doesn’t think that far ahead.

Nearly half of FBI agents in major offices reassigned to immigration enforcement

Data shows a stunning shift in law enforcement priorities that has raised public safety concerns

www.theguardian.com

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Reposted by Steve Craven

Scripps News @scrippsnews.bsky.social · 5d

Steel and aluminum tariffs are driving up costs for screws, nails and bolts by 30-50%, impacting construction projects and consumer goods prices.

Steel and aluminum tariffs drive up costs for everyday nuts and bolts

Steel and aluminum tariffs are driving up costs for screws, nails and bolts by 30-50%, impacting construction projects and consumer goods prices.

www.scrippsnews.com

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Steve Craven @kekepana.bsky.social · 5d

USA Today pretty much ignores Trump’s tariffs. The main U.S. suppliers of cocoa and cocoa products are Ecuador, Ivory Coast, Dominican Republic and Ghana. All of them received so-called "reciprocal" tariffs, ranging from 15% to 25%. Might have a bit to do with the price of chocolate.

Why are Halloween chocolate prices so scary? We explain.

The price of cocoa has more than doubled since the beginning of 2024 -- and it remains high.

www.usatoday.com