Trump Tariff will Kill the Economy

[bsm2]

If tariffs are so bad, why hasn't the left been outraged about the tariffs other countries place on American goods?

Wait till your next Automotive insurance bill

Surprise

[Mako]

If tariffs are so bad, why hasn't the left been outraged about the tariffs other countries place on American goods?

[bsm2]

The Antarctic resistance has begun

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What a Surprise Zero cars made with 100 percent USA parts

The data shows no evidence that any vehicle is made 100% in the United States.

So the Traffifs are 100 percent BS

[slimslob]

Why is it that liberals understand that a tariff spikes prices but fail to understand that taxes on the rich, regulation and energy prices does the same?

They also seem to refuse to admit that the ones hit hardest by tariffs are the rich corporate owners and importers. They are the ones stuck with inventory that those of us that are not on the public dole won't pay the higher prices for. I wonder how much is going to be left setting on the docks in six months. And how many freighter are not even going to be able to unloador have to divert to other countries.

[Mako]

Why is it that liberals understand that a tariff spikes prices but fail to understand that taxes on the rich, regulation and energy prices does the same?

I'm all for funding the government with tariffs especially if it leads to a reduction in the insidious income, capital gains and inheritance taxes.

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See it: See the moment Trump’s economy went up in flames: Melber breaks down the lost ‘trade war’

The stock market had its worst day since the COVID-19 pandemic as President Trump’s tariffs shock global trade.

[BillyCarpenter]

Why is it that liberals understand that a tariff spikes prices but fail to understand that taxes on the rich, regulation and energy prices does the same?

[Mako]

From the time he got out of the army at the end of WWII until the day he retired my grandfather worked as a machinist on the floor of a manufacturing plant for a company called RCA. They were a pioneer in radio technology, stereos, televisions, and computer equipment. They employed tens of thousands of people in the NorthEast at a variety of facilities. The company was killed by competition from Asia as companies like Sony, Sanyo and Toshiba filled the space. By the late 80s that company and all those jobs were gone. Those were good jobs. Jobs with benefits and pensions that gave my grandfather.....a guy who didn't finish high school.....a pension and a better standard of living than most recent college grads today will ever have. Let that sink in.

Think of all the presidents who sold us out and sent those jobs overseas after we were for the most part the country who innovated those technologies. That didn't have to happen. Trump is the first president in any of our lifetimes to try to do something meaningful to correct the mistakes of his predecessors on trade.

[bsm2]

For Chinese auto part suppliers, Americans are picking up the tab for Trump's tariffs


One manufacturer told NBC News that she had managed to push the existing 45% duty on her products onto American customers.


Great everything will cost more

[bsm2]

Trump’s 25% tariff hands the car industry keys to China

If we lose the next 4 years China will win the EV car race

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KillerStartups U.S. stock market suffers $5 trillion loss
1 day ago

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BREAKING: J.P. Morgan’s chief economist warns that there is now a staggering 40% chance of a full-blown recession thanks to Donald Trump — as well as a profound risk to the country’s status as an investment destination.

This is a five-alarm fire for the economy…

"Where we stand now is with a heightened concern about the U.S. economy," said Bruce Kasman, the bank's top global economist.

He had previously pegged the recession odds at 30% at the start of the year, but Trump’s disastrous tariffs and unpredictable behavior have thrown the markets into chaos.

Kasman warned that the recession risk could hit 50% or higher if Trump implements the reciprocal tariffs that he’s floated.

"If we would continue down this road of what would be more disruptive, business-unfriendly policies, I think the risks on that recession front would go up," Kasman said.

He predicted that investors could lose faith in U.S. assets due to Trump’s unpredictable — and at times utterly inscrutable — governance style. Such trust takes decades to build and might never return if lost.

"The U.S. seems to have established itself as a place where people can be comfortable about rule of law ... comfortable about the integrity of information flow, and they can be comfortable that the government isn't going to be, in unexpected ways, getting involved in the rules of the game," said Kasman.

"The term which has been in place for a very long time is that we have 'exorbitant privilege'. That we end up paying a much lower cost for financing our deficits and debt, we have much greater capital flows and attractiveness of the dollar and assets, because of these things," he added.

"The risk that that stuff starts to come under pressure and becomes a structural issue in the markets is not something I would, by any means, underplay,” said Kasman.

Economists at Goldman Sachs and Morgan Stanley have downgraded their forecasts for U.S. GDP growth to 1.7% and 1.5% respectfully.

On top of that, 95% of economists polled by Reuterslast in Canada, Mexico, and the United States said that recession risks in their domestic economies have spiked due to Trump’s tariffs.

Trump supporters thought that they were voting for a new “Golden Age.” Instead, they might end up with one of the worst economic collapses in American history.

[bsm2]

Portugal says ‘no’ to F-35 jets due to U.S. unpredictability By Alexey Lenkov on March 14, 2025
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Portugal has slammed the lid on any flicker of hope that it might one day strap into Lockheed Martin’s F-35 Lightning II, a move that doesn’t so much cancel a deal as it torches a notion that’s been smoldering for years.