Today is August 1st, 2025, which is the day of reckoning for Donald's tariffs.

These tariffs have finally gone into effect with a few de taco, sorry, Taco, Donald

Trump always chickens out exceptions like Mexico.

And the markets have responded as they should by crashing.

Stocks are sinking sharply right now.

The Dow is down.

Take a look at this.

The Dow is down right now.

A lot of points, 1.64, 1.65 percent.

The Dow Jones is down 729 points right now. That's a big number.

This morning's lackluster jobs report and President Trump's new tariff policy clearly having a major impact.

Who could have seen that coming? And by lackluster jobs reports, what Wolf Blisser means is that only 73,000 new jobs were created this

month, which is abysmal, or last month, I should say. The SMP 500 fell 1.7% in early trading

this morning, showing its steepest daily decline since April when Donald's initial introduction of tariffs scared the hell

out of investors, an ASDAQ deposit was down more than 2%, and stocks in Asia and Europe

also declined. So Donald is an equal opportunity disaster. The markets are not the only things that are bad in Donald Trump's economy.

The labor market, as just mentioned, is starting to fracture with job openings decreasing

and unemployment on the rise, which is kind of the opposite of what you want things to happen

in an economy that is actually thriving. And that's according to a new labor report from the

labor department. Here's CNN's coverage. That was weaker than expected. But the real news is

there were all these massive downward revisions for both May and June.

May originally, the government said the economy added 144,000.

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