Economy Trump's April 2nd Tariffs

[Andy Capp]

I guess they have to do something to pass the time

I think they have other ideas now.

https://www.thecut.com/2014/02/tinder-makes-its-first-match-in-antarctica.html

 

[LeonardoBjj]

those poor penguins in mcdonald island. they never had a chance.

- Trump will end having the same destiny as Max Shrek did in Batman Returns.

 

[calavera2]

Fishing fleets from Australia fish in the sea surrounding it. Trump has put separate tariffs on Australia.
There is no fishing industry based on the islands. The islands exports nothing!
The only humans on the islands are periodic visitors to arctic research stations.

Then there is no problem to speak of...im liking the trump tarrifs

 

[LeonardoBjj]

Just heard on the radio a report was released stating that due to Chinese reciprocal tarrifs the cost of a top of the range iPhone could rise to 3.,500 bucks.. apple stocks must be taking a hit
Just checked it, down 19% in a month..

- Hilarious. Trump is destryoing his own contrie by inside. Chinese cellphones are far better and cheaper than Appels anyway.

 

[LeonardoBjj]

Ted Cruz warns Trump tariffs could be ‘terrible for America’​

The Texas Republican said he’s heard from carmakers warning they could raise average car prices by $4,500.

BEN LEONARD

04/04/2025, 12:27PM ET

Senate Commerce Chair Ted Cruz is warning about major risks for the American economy and its automotive industry thanks to President Donald Trump’s trade war, saying it could result in the biggest tax hike in a “long, long time.”

“I’m seeing a lot of Republican cheerleaders reflexively defending what the White House is doing,” Cruz said on his podcast Friday, but cautioned the administration’s latest actions could “hurt jobs and hurt America.”

Cruz added he is “not a fan” of tariffs.

The alarm bells from Cruz, a Texas Republican who has called himself Trump’s “strongest supporter” in the Senate, reflects growing unease among Republicans about Trump’s tariff crusade and the impact it could have on prices for consumers and, consequently, the GOP’s political prospects.

Some Republicans have signaled interest in legislation to strengthen Congress’ authority to approve future tariffs after Trump earlier this week unilaterally slapped tariffs between 10 percent and 50 percent on countries across the globe, following through on his promise to impose reciprocal tariffs on foreign trade partners.

Cruz has not signed on as a cosponsor of that bill, nor did he vote Wednesday on a resolution that would end a national emergency Trump used last month to justify tariffs on Canadian products. He also conceded that, if countries back off their tariffs in response to Trump’s moves, that could be “great” and strengthen American agriculture and manufacturing.

He went on to say, however, that if countries respond with reciprocal tariffs — which some like China already have — while Trump’s tariffs remain in place, that could be “terrible for America.”

Cruz continued, “if we’re in a scenario 30 days from now, 60 days from now, 90 days from now, with massive American tariffs, and massive tariffs on American goods in every other country on earth, that is a terrible outcome.”

His comments suggest the dam could be breaking among Republicans on this issue — even among those who consider themselves staunch Trump allies — as the economic and political fallout from the president’s trade war crystallizes.

Cruz, for instance, said Friday he spoke the night before to one of the “Big Three” U.S. automakers — generally considered to be GM, Ford and Chrysler — who said that the tariffs could raise average prices of their cars by $4,500. That could begin as early as June, Cruz said, explaining there’s a lag in the supply chain that means prices wouldn’t rise overnight.

“This U.S. car company told me they actually thought foreign car companies would benefit more than they would, because if you send it over here, you pay one tariff, whereas this guys are getting hit on each part that is going over,” Cruz said.

It could also hurt Republicans in midterm elections: “If we go into a recession — particularly a bad recession — 2026 in all likelihood, politically would be a bloodbath,” he cautioned. “The upside could be massive, but the downside could be massive.”

https://www.politico.com/live-updates/2025/04/04/congress/don-bacon-tariff-powers-bill-00273307

 

[Strychnine]

Dr. Dee Bunk explains it for the cheap seats.



This is the endgame...

And all it will cost is a few 401k's.

 

[Hit-N-Run]

How can anyone think this is a good idea. Literally, the dumbest economic move in history.

Now that Trump and is ilk are going destroy the world economy, everyone in the world will hate the US.

If you cannot see the long term effects here you are so fucking stupid. Trump is literally going to negatively affect everyone (at least common people) and make us all poorer.

The world will HATE Americans because of this.

 

[Hit-N-Run]

All news agencies around the world front page: Massive starting war causing economic meltdown

Fox News front page: Anti-abortion activists punch a lady in the face

Fox should be destroyed. It is the main cause of stupidity in the country.

 

[LeonardoBjj]

This chess game is confusing, what dimension are we up to now?

- The fifth dimension just like Mister Mxyzptlk

 

[LeonardoBjj]

How can anyone think this is a good idea. Literally, the dumbest economic move in history.

Now that Trump and is ilk are going destroy the world economy, everyone in the world will hate the US.

If you cannot see the long term effects here you are so fucking stupid. Trump is literally going to negatively affect everyone (at least common people) and make us all poorer.

The world will HATE Americans because of this.

- What makes even more funny i that months ago, some Magas were saying why Univesities are scams. People with the bare minimum knowled about economy would know that's a bad move. And i never thought that Trump would pull that type of chaos. I thought he would be a jerk to other contries and isolate US politically.

@Sinister @Islam Imamate - Can you guys erase the posts, were i said i thought Trump was smart, but playing a facade?

 

[LeonardoBjj]

Who needs pornography when you can sit back and watch your 401k get power*ucked.

- Whats makes that more ironic is that big Ron is a accountant!

 

[LeonardoBjj]

All of them under Trump. He still has 4 years to break his own records

- He is like a dumber, uglier, unathletic John Cena!

 

[Sinister]

- What makes even more funny i that months ago, some Magas were saying why Univesities are scams. People with the bare minimum knowled about economy would know that's a bad move. And i never thought that Trump would pull that type of chaos. I thought he would be a jerk to other contries and isolate US politically.

@Sinister @Islam Imamate - Can you guys erase the posts, were i said i thought Trump was smart, but playing a facade?

No, because this is engineered incompetence. There is purpose behind the chaos. The purpose is to monetize it, by the only people who can afford to profit from it. It's not particularly smart, if you actually give a sh*t about the World beyind your current generation. Its smart if you're greedy, and all you want is for people as greedy, racist, and xenophobic as you are to continue to profit from this in the exact same way.

 

[Satsui Ryu]

All news agencies around the world front page: Massive starting war causing economic meltdown

Fox News front page: Anti-abortion activists punch a lady in the face

Fox should be destroyed. It is the main cause of stupidity in the country.

I rarely go to any news website regardless of who it is, but today I was checking them out and I saw this. I was like you gotta be fucking kidding me. Breitbart is pretty much the same way. Funny enough NewsMax of all places is showing a slight shred of integrity.

 

[Islam Imamate]

No, because this is engineered incompetence. There is purpose behind the chaos. The purpose is to monetize it, by the only people who can afford to profit from it. It's not particularly smart, if you actually give a sh*t about the World beyind your current generation. Its smart if you're greedy, and all you want is for people as greedy, racist, and xenophobic as you are to continue to profit from this in the exact same way.

I don't know if I buy this. Even rich people don't want to see the economy tanked. These idiots just thought Trump would cut taxes and regulations and didn't expect him to follow through on his campaign promises for some reason.

 

[LeonardoBjj]

Just heard on my local conservative AM radio station that Laura Ingraham was blaming collusion amongst foreign corporations to tank the US economy to get back at Trump. Trump supporters / Fox shills will never admit it's Trump's fault.

- Even if they did. Whats the problem, when US(Tramp) is traying to do that?

 

[LeonardoBjj]

No, because this is engineered incompetence. There is purpose behind the chaos. The purpose is to monetize it, by the only people who can afford to profit from it. It's not particularly smart, if you actually give a sh*t about the World beyind your current generation. Its smart if you're greedy, and all you want is for people as greedy, racist, and xenophobic as you are to continue to profit from this in the exact same way.

- Didnt he do that on his first term also?

 

[LeonardoBjj]

I don't know if I buy this. Even rich people don't want to see the economy tanked. These idiots just thought Trump would cut taxes and regulations and didn't expect him to follow through on his campaign promises for some reason.

- I think nobody thought that Trump team could be that obtuse.

 

[Sweater of AV]

Lmfao at slapping tariffs on penguins. I don't even know what to say at this point.

I guess I'm just glad we're winning against the penguins.

 

[Limbo Pete]

I don't know if I buy this. Even rich people don't want to see the economy tanked. These idiots just thought Trump would cut taxes and regulations and didn't expect him to follow through on his campaign promises for some reason.

Yeah but "rich people" isn't a monolith. The folks actually inside the Trump administration and their individual close allies and associates are the only concern; this is a deliberate melting of the economy, social safety rails, national security, everything. The goal isn't for the country to necessarily do better or worse, it's for the people in charge to get what they specifically want, which is more power and money for themselves to the exclusion of everyone else. I can guarantee when Trump gets updates on economic shit, his interest is as deep as his own finances and the people who can still leverage him one way or another. This is how basically every authoritarian government forms, although to be clear this particular flavor seems to be a-historically incompetent in many respects.
Edit: additionally, I think we also need to look more closely at the compartmentalized power within the administration itself. The Project 2025 people, the ones actually running that, have an agenda within the government that is orders of magnitude more deliberate and comprehensive than anything Trump himself could or would personally imagine.