Trump Tariffs started today, Some Countries Caved in early morning.

by liam 106 Replies latest social current

• 

  Anony Mous

  Claiming we will be entering a recession when we have effectively been in a depression for 4 years+.

  Note that the current global market correction is not even the worst in the last 4 years, and both the US domestic markets and bonds have risen significantly over the last week. So the EU and China are doing a bit worse, who cares, if you’re that dependent on the US markets doing poorly, then perhaps that’s a you-problem, not a US problem.

  yet we hear crickets when we remember:
  

  when inflation was at 10+% annually

  when the top advisor to the president was a Chinese cutout

  when top Democrat senators were sleeping with Chinese spies.

  when our president was brain dead and incoherent on live television

  Pepperidge Farm remembers.
• 

  DATA-DOG

  Most Economist like…..Janet Yellin??? 🤣 Many of these “experts” are experts at lining their own pockets while they are on the take. Almost none of them have bothered to read Economics In One Lesson.

  The USA isn’t going down, and any country that is wise, like Japan, Taiwan, India, ect see the writing on the wall. The Globalist Elite, Neo-Feudalism, WEF, Klaus Schwab boot licking dip-shits aren’t winning, but they are desperate to retain power. Soros and his House Ninjas are throwing out all the stops like the cornered piece of shit Rats they are.

  Instead of shitting on the USA, you better get wise. The corrupt trash is being taken out and this current administration is more important for YOUR future than you can even realize. If the USA and the First and Second amendments go, YOU ARE SCREWED. THE WORLD IS SCREWED. You may as well buy a prayer rug…..

  DD
• 

  DATA-DOG

  “America you are being governed by a clown and all y’all pretending this insanity makes any sense are showing yourselves up big time. Power is slipping away in real time as countries round the world make other arrangements that don’t rely on the whims of a madman and his enablers.”

  Uhhh… No. America has been ruled by Globalist scum. Bush, Clinton, Obama, Obama/Biden, Soros and all the Politicians on the take. That is ending.

  Try living in a city where illegal and extremely dangerous Gangs are taking over apartment complexes by for, IN AMERICA, all because the last administration and Pedo-Joe OPENED THE DAMN BORDER.

  If you don’t live in the USA, then you should Stfu, especially when your own country is a Cuck for the WEF and the gathering of filth and hubris that we call NATO.

  Wake up and realize that if the USA were to really fall….really…..as in millions dead, China attacks or what have you, YOU ARE SCREWED.

  There are groups out there that will behead you and your family without a second thought and then go milk their Goats.

  DD
  
  
• 

  joey jojo

  DD, maybe you underestimate the affect of the American economy on the rest of the world. That's why people from other countries comment about the US economy.

  Trump has caused a stock market crash, affecting pensions and investments worldwide. Tariffs are likely to hurt American consumers. Trade and economies that have taken years to set up have been unbalanced. America has lost the trust of a lot of countries who are now looking for alternative markets. Consumers outside America are boycotting American made products.

  Trumps goals to streamline America's economy may be the right thing to do but it seems like he was trying to do it overnight.

  If you are a Trump fan, the 'America first' motto probably sounds great but he seems to be punishing everyone else for Americas problems.
• 

  Phizzy

  From Penn Wharton :

  "Larger tariffs would also decrease international capital flows, reducing worldwide demand for U.S. Treasuries. This is especially costly under the nation’s current baseline debt path, which is increasing faster than GDP. U.S. households would need to purchase more bonds, requiring bond prices to fall (yields increase), domestic capital investment prices to fall (the marginal product of capital increases), or both. Even conservatively assuming only domestic capital investment prices fall, the reduction in economic activity is more than twice as large as a tax increase on capital returns that raises the same amount of revenue."

  From Harvard Business Review :

  " But by starting a trade war on all fronts—a 360° trade war—the U.S. may receive global and cumulative blowback, while other countries will only see an impact on their trade with the U.S. Fighting a narrow trade war is not the same as fighting one on all fronts, as the impacts of both supply and demand shocks accumulate. "
• 

  hoser

  Trump has cried wolf too many times to be taken seriously anymore.

  He has placed tariffs and backed them off at least three times in the same amount of months.

  As much as y’all want factories to be repatriated to the US, no corporation with half a 🧠 is going to invest long term capital into ever changing uncertain economic rules.
• 

  TonusOH

  Trump is using the threat of tariffs to force countries to negotiate. This is why there is a constant stream of announcements-- a tariff is threatened, a tariff is applied, a tariff is delayed, a tariff is withdrawn, and so on. I expect this to continue, and for some tariffs to actually be applied --for a short time, at least-- if he doesn't get what he wants.

  It's difficult to gauge the long term effects because the US has so much spending power. Other nations apply tariffs to US goods already, in order to try to keep a healthy balance and support their own economies. Trump is trying to find ways to increase revenue while keeping taxes low, which is also the thrust behind the DOGE actions and investigations.

  Because these actions are deliberate and not the result of market forces, global markets will likely rebound if/when things settle down. While it might seem that Trump won't ever settle down, he does understand that unstable markets will hurt the Republicans in 2026, so I expect that he will draw back in the early part of that year. Otherwise, Democrats will regain control of Congress, which will give them the ability to slow him down for the following two years.

  As for the issue of trust, it is the problem that I have described before-- both parties here have spent decades putting more and more power in the hands of the President, and the last few administrations have shown why this is a terrible idea. Now, every new President starts his term by making a large number of sweeping executive orders and pushing the boundaries of what he can do. Everything Trump does might be completely undone in less than four years. It's insane. Who can operate in this kind of environment??