Trump issues hard October 1 deadline for foreign companies: build U.S. factories or face crushing tariffs up to 100% on pharmaceuticals, 50% on kitchen cabinets, 30% on trucks and furniture

President Trump just made an announcement that will shake up global manufacturing. Foreign companies, including Taiwan Semiconductor, are now under pressure. Build factories in the U.S. or face massive tariffs. October 1 is the deadline. For pharmaceuticals, this is huge. …

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Amazon is enforcing a new rule: beginning October 1, Prime members cannot share free shipping outside their household, meaning millions will have to pay $14.99 per year

The end of an era is arriving quietly but with consequences that will ripple across millions of households, leaving families, roommates, and casual users suddenly exposed to rising costs, fractured convenience, and a creeping erosion of the sharing culture Amazon …

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If this trend continues, it will turn out that August and October saw JOB LOSSES. Hiring fell sharply before summer and never came back, all of that leading up to the holidays. ADP October payrolls revised down.

⚠️BRACE FOR MORE US JOB MARKET DATA REVISIONS⚠️ Nonfarm payrolls will likely be revised DOWNWARD by another ~300,000 jobs for 2Q 2024. This is according to the QCEW data released by the BLS. If this trend continues, it will turn …

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Job cuts surge in October: strikes, layoffs, small business closures up sharply; DISASTROUS jobs report – Only 12K jobs added; last two months revised down by 112K.

Job cuts accelerate in October with strikes, mass furloughs, layoffs, & small business closures at elevated levels. Over 109,000 cuts per our preliminary figure. Final figure available on Sunday, as always. #MacroEdge #DrivenbyData pic.twitter.com/9cPnR1qDr9 — MacroEdge (@MacroEdgeRes) October 31, 2024 …

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