Economy Trump's April 2nd Tariffs

[moreorless87]

So actual question

Will tariffs lead to... Inflation? Deflation? I do t understand macroeconomics

If this actually goes through and manufacturing jobs are added they're gonna have to pay more than $15/hr. No one is gonna leave their job at McDonald's that pays $16/hr to go work a brutal repetitive job in a factory. Regardless of skills, there isn't exactly an extreme labor surplus. Most people can find SOME THING at least in my area.

Companies in my experience are very hesitant to pay decent mostly out of bitterness or what have you. So if these are entry jobs they'll have a hard time attracting actual people to work them. If they require actual skills there just aren't skilled manufacturing workers especially people who want to work for a real wage. No 30 yr old female is working in a factory for less than $100k.

Or the jobs will pay bad. But I dont see landlords lowering their prices. In today's America an adult cannot make $8/hr. You'll be homeless

So what will happen? Inflation? Or smth else?

At a more direct level they can potentially lead to inflation of certain goods as the tariffs will be essentially passed on to customers much of the time, beyond that really it depends on the wider economic impact and exactly what Trumps goals are.

I do think a significant issue here as well is how government spending is targeted, similar to say creating debt what makes inflation bad for the population is if they don't see improvements in income or public services, if Trump uses this to push though tax breaks for the ultra wealthy it will likely be bad for most Americans.

Whether the US actually has the skilled workforce for significant manufacturing growth is questionable I spose or at least its something which will potentially need years to build up via qualification and training.

Ironically I would argue the end result might actually be more immigration as companies look to bring in skilled foreign workers although you could argue that does still have plenty of benefits to the US if it actually works.

 

[NickNick]

New talking points from Sean Hannity and Jesse Watters telling Seano and CuckTuck and the others to suffer now for the greater good.

Short term pains for long term gains = keep subscribing to the cult and don't question the process

Imagine Fox News if Biden or Obama implemented a policy that directly crashed markets and dramatically raised the odds of a recession like this...

 

[44nutman]

Berkshire Hathaway (BRK-B) - Cash on Hand

List of the top public companies ranked by cash on hand. A company’s cash on hand also refered as cash or cash equivalents (CCE), is the amount of accessible money a business has.

companiesmarketcap.com

Who would you rather trust Warren Buffet or a 3rd Generation Trust Fund Baby that if they handed out rings for bankruptcies Trump would have more rings than Tom Brady.
Thank God I don’t consume Fox News every waking hour or my portfolio would have been proper fucked. Thank you Oracle of Omaha.

 

[avenue94]

The reason why America lost jobs overseas is because of our strong regulations and worker's rights. Period. It's hard to compete with other nations who don't have that.

Also because the US gained its lead in part because nearly every other industrialized economy was ruined by WWII

 

[rearnakedchoke]

Trump: Yes there will be some pain points during this economic revolution, but in the end, the rich will have profited immensely, while you chuds are worse off. Trust me!

 

[Fanu]

X/Twitter is fake news bro . This what I been told over and over in WR .

Whats that got to do with videos of JD Vance calling Trump an idiot in front of camera?

 

[ShadowRun]

Whats that got to do with videos of JD Vance calling Trump an idiot in front of camera?

It’s from X, who the owner is a Nazi , I guess you like news from Nazis I see .

 

[Deaths Head]

It’s from X, who the owner is a Nazi , I guess you like news from Nazis I see .

That’s not news that’s an actual action do you not know the difference at least you admit you follow the Nazi agenda though ,most don’t know but both Trump and Musk come from German ideology ideas ,Trumps own father was found guilty of being associated with the KKK and he’s full German ?

 

[Fanu]

It’s from X

No its not. The video was just reposted by X - you can find all those clips on other sites, like:


Do you have anything else to say or are you going to intentionally play dumb like JD Vance?

 

[ShadowRun]

That’s not news that’s an actual action do you not know the difference at least you admit you follow the Nazi agenda though ,most don’t know but both Trump and Musk come from German ideology ideas ,Trumps own father was found guilty of being associated with the KKK and he’s full German ?

Ah dude we had literal Nazis in NASA too , that’s why moon landings were fake bro . In fact that’s why earth is flat bro

Sarcasm——

Your head >

 

[ShadowRun]

No its not. The video was just reposted by X - you can find all those clips on other sites, like:


Do you have anything else to say or are you going to intentionally play dumb like JD Vance?

Are you that dense ?

 

[therealdope]

To anyone who ever asked why as a Canadian I cared about US elections...

I lost a year's salary from my investments this week thanks to Trump and his brilliant policies.

You sold all of your investments this week?

 

[evergreenrider]

That’s not news that’s an actual action do you not know the difference at least you admit you follow the Nazi agenda though ,most don’t know but both Trump and Musk come from German ideology ideas ,Trumps own father was found guilty of being associated with the KKK and he’s full German ?

Donald Trump's Father was so Dedicated to Israel Causes, People Thought he was Jewish

Fred was a noted philanthropist who gave generously to Jewish causes including the Long Island Jewish Hospital

israel365news.com

 

[Fanu]

Are you that dense ?

So let me guess, I am the dumb one while you are playing 7D chess?

Lmao at Trump supporters. What makes this even sadder, is that you aren't even american and you support that corrupt, lying billionaire.

You are Trumps cuck just like JD Vance is.

 

[Loiosh]

You sold all of your investments this week?

No, and yes, they'll likely recover.

It just hurts to see.

 

[therealdope]

Also because the US gained its lead in part because nearly every other industrialized economy was ruined by WWII

Yup. In 1945 every place that produced anything was levelled by WW2. This is always overlooked and why the US economy can never be what it was in the 1950s ever again unless there is a plan to level every country with a developed economy.

 

[therealdope]

No, and yes, they'll likely recover.

It just hurts to see.

How much of your investments are weighted to US equities and bonds?

 

[Beechwood]

An article I enjoyed ~

Billionaire Bill Ackman Makes Compelling Case for President Trump’s Tariff Strategy: “I Wouldn’t Bet Against Him”​

Billionaire Bill Ackman Makes Compelling Case for President Trump's Tariff Strategy: "I Wouldn’t Bet Against Him" | The Gateway Pundit | by Margaret Flavin

Billionaire Bill Ackman presents a persuasive argument in favor of President Trump's tariff strategy, highlighting its potential economic impact and strategic advantages. This analysis offers valuable insights into a contentious policy debate.

www.thegatewaypundit.com

 

[rearnakedchoke]

No its not. The video was just reposted by X - you can find all those clips on other sites, like:


Do you have anything else to say or are you going to intentionally play dumb like JD Vance?

All these guys are spineless. Rubio, Cruz, Vance.

 

[ShadowRun]

So let me guess, I am the dumb one while you are playing 7D chess?

Lmao at Trump supporters. What makes this even sadder, is that you aren't even american and you support that corrupt, lying billionaire.

You are Trumps cuck just like JD Vance is.

No stupid , do you not see how the left here in WR discredit any post from X? Doesn’t matter if it’s a full video of a person talking about the subject at hand. I was making fun of that . But maybe your awareness isn’t that high. Plus 1 for durrr Trump guys