Summary

Home Depot co-founder and GOP megadonor Ken Langone blasted Trump’s sweeping tariffs as “bulls–t,” calling the 10% across-the-board rate and country-specific hikes—like 34% on China and 46% on Vietnam—“too aggressive” and poorly calculated.

Langone criticized the administration’s formula, based on trade deficits, as nonsensical.

Other prominent figures, including economists and billionaires like Stanley Druckenmiller, Bill Ackman, and Elon Musk, have also spoken out.

Critics warn the tariffs hinder negotiation and lack sound economic grounding. Langone said Trump is being “poorly advised” on trade policy.

  • inclementimmigrant@lemmy.world
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    11 days ago

    Yeah, founder of home Depot can go fuck himself.

    Also don’t shop at home Depot, he might be gone but the company still donated heavily Republican compared to most other hardware stores outside of Menards.

    • xyzzy@lemm.ee
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      11 days ago

      I hate that I can’t avoid them entirely in my area except for nuts-and-bolts type things, which I go to my local hardware store for. Home Depot and Lowe’s have a monopoly in my area when it comes to most goods, but I had to give up on Lowe’s entirely due to the truly terrible customer experience.

      (Home Depot has a bad customer experience too, but my local Lowe’s is on a different level.)

      • inclementimmigrant@lemmy.world
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        11 days ago

        Yeah, I simply choose bad customer service over more money donated to Republicans.

        Thankfully around me there’s an Ace hardware that is locally owned by people who aren’t publicly political so that’s my go to.

        • xyzzy@lemm.ee
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          11 days ago

          It’s great that you have that option. Really makes it easy for you