Best Buy and Others Start Raising Prices due to Tariffs as Trump Accelerates the Fall of the U.S. Dollar in Favor of Cryptocurrencies as He Builds his Crypto Family Empire

by Brian Shilhavy
Editor, Health Impact News

Best Buy reported earlier today (May 29, 2025) that they were cutting back on their profit outlook for this year due to tariffs, and that they had already begun to raise some prices in their stores.

Rather than LIE to shareholders to appease Trump, they actually told the truth, and suffered for doing so, as the price of their stock dropped lower.

And this was in the midst of a stock market rally today, based on last night’s news that a U.S. federal court, the International Trade Court, ruled that Trump’s “Emergency Order” to implement tariffs was illegal.

From Market Watch:

President Donald Trump’s tariff saga took another twist late Wednesday when a U.S. trade court voided the bulk of his levies, prompting an instant appeal by the administration and sparking a rally for U.S. stock-index futures.

The Court of International Trade in Manhattan ruled for a group of small businesses and Democratic-led states in finding that Trump had overstepped the bounds of his executive authority. Specifically, Trump had invoked the International Emergency Economic Powers Act of 1977, or IEEPA, which doesn’t specifically mention tariffs, to justify the levies.

Best Buy and everyone else, including myself with my own business which is heavily dependent on imports, now are faced with trying to run a business where the rules change every day. It’s called: CHAOS.

And the American consumers will feel it soon enough.

From CNBC:

Excerpts:

Best Buy on Thursday missed quarterly revenue expectations and cut its full-year sales and profit guidance as higher tariffs increase the costs of many consumer electronics that it sells.

Best Buy already increased prices on some items to blunt the costs from tariffs, with changes taking effect by mid-May, CEO Corie Barry said on a call with reporters.

She called price hikes “the very last resort” after the company takes other steps to offset higher expenses. But she declined to specify which items are affected, citing competitive reasons.

First-quarter earnings reports have highlighted just how disruptive President Donald Trump’s ever-evolving trade policy has been to many U.S. companies that rely on a global supply chain.

Best Buy joins other companies like Abercrombie & Fitch and Macy’s in cutting its profit outlook this week due to tariffs. Other businesses, such as E.l.f. Beauty, have declined to provide full-year guidance because of the levies.

On the call with reporters, Barry referred to the latest development that may change the backdrop once again: a federal trade court striking down many of Trump’s tariffs late Wednesday. And she said that ruling reinforces that the company has to stay nimble.

“If you look back over the last, let’s call it four months, the variety of points where there has been a change in approach to global trade, they are myriad,” she said.

“And so what I really tried to work with the team on is to not actually overreact to any given moment in time, but instead to stay maniacally focused on our customers and ensure we are bringing the right assortment price and promotionality to them, whatever the backdrop.”

Trump is Accelerating the Fall of the U.S. Dollar in Favor of Cryptocurrencies as He Builds his Crypto Trump Family Empire

If you don’t understand this, then it will be hard for you to understand why Trump is weaponizing tariffs, even against America’s allies.

This is basically an all-in bet AGAINST the U.S. Dollar in favor of replacing it with Cryptocurrencies, which Trump and his family want to have total control over.

Watch the video I posted above. Transcript is here.

From PBS News Hour:

This week, Trump Media and Technology Group announced it is selling shares and bonds to raise $2.5 billion to create a “Bitcoin treasury.” It marks the Trump family’s latest addition to their cryptocurrency empire.

Other news headlines from our Telegram Channel.

Pedophile Surgeon in France Sentenced to 20 Years in Prison for Raping 299 Children in His Practice

Licensed Medical doctors are very dangerous people who work in a very evil profession. Not only can they harm you and your children with deadly vaccines and drugs, sexual abuse of their patients is far more common than most people realize.

NEVER leave your child alone with a doctor, and that includes Dentists!!

Even though this is getting a lot of media coverage, I assure you that the whole story is not being reported, and neither are all of the criminals being named, because it takes a very corrupt medical system to allow a doctor to do things like this, and he most certainly had partners in his crimes.

The public perception of medical doctors in Western Culture wearing their white coats with a stethoscope draped around their necks, is that these are very intelligent people who only want to help people, so victims are lured into trusting them blindly, not unlike how Priests and Pastors also have many pedophiles in their ranks.

From NBC News:

Joël Le Scouarnec, 74, received the maximum sentence for sexually assaulting 299 victims over three decades.

Excerpts:

Joël Le Scouarnec, the former surgeon at the center of France’s largest-ever child sexual abuse case, was handed a maximum sentence of 20 years in prison Wednesday as his three-month-long trial reached its end.

French courts convicted Le Scouarnec, 74, of sexually assaulting 299 victims over three decades, most of them girls and boys whose average age was 11.

Many were assaulted while they were under the effects of anesthesia or recovering from surgery, prosecutors said.

Hundreds of witnesses testified at the trial, including Le Scouarnec’s niece and a family friend. Now in their 40s, both said he assaulted them in the early 1980s. However, French law did not allow him to be prosecuted for their alleged abuse because it happened too long ago.

The case has put a spotlight on the French medical system, which allowed Le Scouarnec to continue working despite many warning signs, including a 2005 conviction for possessing images depicting child abuse.

Lawyers for some of the victims said the once-respected local doctor should have been stripped of his medical privileges after that case.

Instead, Le Scouarnec worked across nine public hospitals and private clinics in five regions of France, where he specialized in appendectomies, abdominal and gynecological surgery.

Victims’ advocates also hope the case will prompt a hard look at what they call a lax pursuit of child abuse allegations, particularly when doctors — who are in short supply in many areas — are accused of misconduct.

“There were warnings over 30 years,” Francesca Satta, a lawyer who represented 10 victims and families said previously, adding,

“This man benefited from a system that opened the door for him to have his own hunting ground.”

Full article.

Russia Threatens to Attack Germany Now that they Know German Missiles and Troops are in Ukraine

From Sputnik:

Ukraine does NOT have the technical capability to operate Taurus missiles on its own. Without German military specialists on the ground, these missiles are useless.

This means Bundeswehr soldiers would directly participate in combat against Russia, says Igor Korotchenko, military analyst and editor-in-chief of “National Defense”.

Regardless of whether Ukraine’s Taurus strikes are intercepted or hit targets, Russia’s task is to “retaliate with 2 Oreshnik complexes — medium-range ballistic missiles carrying 12 hypersonic warheads in total, conventionally armed.”

“Such a strike would target the missile production plant in Germany for total destruction.”

“If Ukraine continues using Taurus missiles against us, the next German military or industrial facility will be destroyed. We do not want war, we want peace. But under the UN Charter, we will act in self-defense.”

Starvation and Desperation Increases in Gaza as the Genocide Continues, Affecting Mostly Children

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This article was written by Human Superior Intelligence (HSI)

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Published on May 29, 2025