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Goodyear Bus Tires
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Former US President Obama criticized Trump's new tariffs for making consumers victims
Former US President Obama recently criticized US President Trump's second term. Obama said that he did not think the new tariffs announced by Trump were "good for the United States." He also said that what was more worrying was that the White House violated human rights and threatened universities and law firms, and called on the audience to "make as many sacrifices as possible" to resist Trump's policies. "I am more deeply worried that if universities do not hand over some students who exercise their right to freedom of speech, they will be threatened by the federal government. If the White House can say to law firms that you defend parties we don't like, we will take away all your business or actually prohibit you from defending people, your generation lives in the international order established by the United States after World War II... Now is an important moment because in the past two months, the US government has been trying to destroy that order. Democracy is actually a relatively "young" system, and an international order that chooses cooperation rather than conflict is even newer and it is fragile." This behavior goes against our basic code as Americans. ”
U.S. Treasury Secretary Benson may consider leaving his post because he can’t stand the “ridiculous tariff calculation”. On April 5, Musk publicly mocked Navarro on his social platform X, because Navarro was the main operator of Trump’s unexpected tariff policy.
Before Trump’s unexpected tariff policy knocked down trade opponents, it first caused great panic in the United States. Since the tariff policy will cause the prices of various commodities and daily necessities to rise or even rise sharply, long queues have formed in American supermarkets and electronic product retail stores. Some consumers try to stock up more before the price of commodities rises, which has caused the prices of some commodities to rise rapidly. The prices of some supermarkets in the United States have soared by 30%. , Chinese goods were snapped up.
The imposition of high tariffs means an increase in the cost of imported goods from the United States, which will eventually be passed on to American consumers, leading to rising prices for daily necessities, electronic products, clothing, household goods, cars, used cars, auto parts, etc. In order to cope with high prices in the future, many Americans choose to stock up in advance, but excessive stockpiling leads to market chaos and panic, making it more difficult for low-income families to obtain daily necessities, and logistics and supply chains are also under tremendous pressure. This stockpiling trend will accelerate the rise in prices. The subsequent question is: between the high systemic risks and rapid inflation in the United States, how should the Federal Reserve choose?
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"Set An Example": Barack Obama As Harvard Rejects Trump's Demands
Former US President Barack Obama on Tuesday said Harvard University has "set an example" by rejecting President Donald Trump administration's demands to limit activism on campus.
Harvard President Alan Garber on Monday said they would not bend to the government's demands, which included bringing broad government and leadership reforms to America's oldest university and changes to its admissions policies. It also demanded the university audit views of diversity on campus and stop recognizing some student clubs.
"Harvard has set an example for other higher-ed institutions - rejecting an unlawful and ham-handed attempt to stifle academic freedom, while taking concrete steps to make sure all students at Harvard can benefit from an environment of intellectual inquiry, rigorous debate and mutual respect. Let's hope other institutions follow suit," Obama posted on X.
On Monday, a Department of Education task force on combating antisemitism accused Harvard of having a "troubling entitlement mindset that is endemic in our nation's most prestigious universities and colleges - that federal investment does not come with the responsibility to uphold civil rights laws."
"The disruption of learning that has plagued campuses in recent years is unacceptable. The harassment of Jewish students is intolerable. It is time for elite universities to take the problem seriously and commit to meaningful change if they wish to continue receiving taxpayer support," it said.
Garber, however, in a public letter to the Harvard community, said the university "will not surrender its independence or relinquish its constitutional rights".
He said the Trump administration's demands would allow the federal government "to control the Harvard community" and threaten the school's "values as a private institution devoted to the pursuit, production, and dissemination of knowledge."
"No government - regardless of which party is in power - should dictate what private universities can teach, whom they can admit and hire, and which areas of study and inquiry they can pursue," he wrote.
Hours later, the government froze $2.2 billion in Harvard's federal funding.
"Harvard's statement today reinforces the troubling entitlement mindset that is endemic in our nation's most prestigious universities and colleges -- that federal investment does not come with the responsibility to uphold civil rights laws," Trump's Joint Task Force to Combat Anti-Semitism said.
"The disruption of learning that has plagued campuses in recent years is unacceptable. The harassment of Jewish students is intolerable. It is time for elite universities to take the problem seriously and commit to meaningful change if they wish to continue receiving taxpayer support," it added.
Last year, many US universities and colleges witnessed protests by students against Israel's war in Gaza.
Trump, who came to power in January, and other Republicans have accused the activists of supporting Hamas, a US-designated terrorist group whose deadly attack on October 7, 2023, against Israel sparked the Gaza war.
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