Economy Trump's April 2nd Tariffs

Even if the US succeeds in bringing back some manufacturing jobs, it will likely be a disaster for the US economy in the long term.

-Goods are going to cost a lot more to produce in the USA, due to higher salary, new infrastructure
-Raw material to produce these goods will be more expensive in the US because of tariffs on imports
-After pissing off the entire planet, a lot of people will simply not buy US-made goods.

Even if Trump reverses course on Tariffs, he will be too arrogant to admit he made a mistake, and his followers will swallow his lies.
 
Even if the US succeeds in bringing back some manufacturing jobs, it will likely be a disaster for the US economy in the long term.

-Goods are going to cost a lot more to produce in the USA, due to higher salary, new infrastructure
-Raw material to produce these goods will be more expensive in the US because of tariffs on imports
-After pissing off the entire planet, a lot of people will simply not buy US-made goods.

Even if Trump reverses course on Tariffs, he will be too arrogant to admit he made a mistake, and his followers will swallow his lies.

It's all asinine and inane.


Is it really some sort of urgent issue? US manufacturing output is larger than the GDP of all but six countries. Investment in US manufacturing capacity over the last four years alone is over $625 billion. There are literally over 480,000 unfilled job openings in the US manufacturing sector, right now. What the fuck are people even talking about with this? It seems nobody has a clue, least of all Trump. It's like declaring a "national energy emergency" when domestic oil and gas production are at all-time highs, absurd nonsense.
 
GOD BLESS PRESIDENT TRUMP. He is returning the Republic. We are Not a democracy(mob rule). Our economy was broke. Trump is fixing. There will be tough times. ESPECIALLY FOR PARASITIC GRIFTERS. If your a Productive Person and NOT a Parasite.. YOU WILL BENEFIT. Its time to Purge parasitic behavior and Zombies from Our Country. NO Tariffs IF they do Have NO TARIFFS... This is right and fair. imo he went too easy.. a country charging us 36% WE SHOULD CHARGE THEM 36%...PERIOD. I AM LOOKING FORWARD TO INDICTMENTS AND PERP WALKS OF GOVT. THIEVES...
Ooh! New plank in town!
 
It cant be another -5% again, right? Was there ever a peace time non international situation (like covid) when markets got 3 consecutive -5% in the last 80 years? Holy fuck it is a inside job to break the US.
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It doesn't matters if they go away, the damage will only be fixed when they take away the president ability to set tariffs unilaterally.

Otherwise who would plan around American Putin's word? nobody, Canada and Mexico are the perfect example of that, they negotiated a trade deal with Trump and Trump just ignored it
I guess one, possible but unlikely, silver lining would be more codified checks against the executive branch.
 
With a cushy job in Norway, I’m currently blasting my disposable money each month into four separate funds, as well as managing my own stock portfolio. Trading is the name of the game in the latter. Thanks to Trump for giving me opportunities to buy the dip again and again. I’d sure be pissed if I was a working class American though.

They’ve been weaponised to vote against their better interests for decades now, and never more strongly than now. It’s positively masochist at this point. Hillary was definitely right..
 
We are winning and we won't let them stop us from winning more!
Our markets had the worst crash in 5 years. Nobody is winning—scratch that—the ultra rich are the only ones winning, because they are the only ones with the capital to scoop up all the stocks and property once everybody sells in a panic.
This fat orange fascist fuck is single-handedly engineering the collapse of the global economy, and his supporters clap like retarded seals while he tanks everything they own.

You guys panic so much lol 😆
Well, I’ve lost about 10% of my total retirement savings in the past several days just on account of Trump announcing what he’s *going* to do. We haven’t even had Day 1 of the actual tariffs yet, let alone week one, month one, month three, year one, or however long this shit is going to go on for.

I think that’s a reasonable thing to have some anxiety over, no? I spent almost 2 hours on the phone with my 76 year old mother going over all her investments to make sure she doesn’t lose everything they built in their lifetimes. Wtf.

To quote the great American poet Nathaniel Diaz, Trump is taking everything we worked for, motherfucker.
 
I don't really look at politics too much for the sake of my mental health, but won't these tariffs just push the rest of the world away from the US and towards China?
We have a winner. That is how fucking dumb is Trump.
China, Japan and South Korea signed a deal which made my jaw drop. See during WWII Japan was not cool when they invaded those countries. If you have a great grandma and you are from South Korea and China she was raped by a Japanese Soldier.
Putin thought getting his piss boy elected would help but Putin miscalculated like he did invading Ukraine. China has been propping Russia up financially but now will be tight with their money and second thing is the EU has become a power.
 
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