Experts say inflation is about to skyrocket because of his tariffs. Powell hasn't cut rates because of this, and said that if it weren't for tariffs they would be cutting.
Trump announces 30% tariffs on EU and Mexico
- Thread starter stinkynuts
- Start date
Experts say inflation is about to skyrocket because of his tariffs. Powell hasn't cut rates because of this, and said that if it weren't for tariffs they would be cutting.
Trump’s tariffs have hurt the average American by raising the cost of everyday goods, disrupting supply chains, and triggering retaliatory tariffs that damaged U.S. exports. When tariffs were imposed on imported steel, aluminum, and Chinese goods, manufacturers passed those higher costs onto consumers, leading to price increases on appliances, electronics, vehicles, and groceries. American farmers especially soybean, pork, and dairy producers were among the hardest hit after China and other countries retaliated. Companies like Harley-Davidson, General Motors, and Whirlpool suffered major financial losses due to increased input costs or lost export markets. Small businesses, lacking the scale to absorb rising expenses, also suffered. A new wave of inflation is already building as tariffs are paid by American consumers, not foreign suppliers. By late fall, the broader toll will be felt through lost economic activity, dwindling tourist dollars, and empty shelves at major retailers. Lower-cost Chinese goods that once filled stores like Walmart will become harder to find, with no viable alternative suppliers able to meet the same price or volume.
World leaders like Mark Carney and others are quietly waiting for the American public to fully realize the damage Trump’s trade wars have inflicted, not only on the U.S. economy, but on the global economy as well. Trump's negotiating ploy of shutting the world out from American economy has locked the world out of America, but it has also locked Americans in America with few or any alternatives. The era of open, competitive global trade that provided Americans with affordable goods and improved living standards is being reversed. As prices rise and shelves thin out, many will come to understand that access to low-cost Chinese goods wasn’t a weakness, it was a key part of the everyday affordability that millions took for granted. These cheap imported goods improved their lifestyles, especially the middle and lower classes.
World leaders like Mark Carney and others are quietly waiting for the American public to fully realize the damage Trump’s trade wars have inflicted, not only on the U.S. economy, but on the global economy as well. Trump's negotiating ploy of shutting the world out from American economy has locked the world out of America, but it has also locked Americans in America with few or any alternatives. The era of open, competitive global trade that provided Americans with affordable goods and improved living standards is being reversed. As prices rise and shelves thin out, many will come to understand that access to low-cost Chinese goods wasn’t a weakness, it was a key part of the everyday affordability that millions took for granted. These cheap imported goods improved their lifestyles, especially the middle and lower classes.
The US will pay a sharp price to let this imbecile destroy the economy—all in the name of deportation (of feeding to crocodile) all non white.
Trump is cutting himself a nice little niche as the most destructive economic force ever seen before. Nobody has done it like him. He will be told by many, "Sir, you destroyed the economy like no one ever has before" .
The most destructive economic force is also a force of peace. To Netanyahu
he will be told. "Sir, you destroyed world's economy but save my people's asses
from further destruction by Iran's missiles". Trump shall be atoned for the damage
inflicted on world's economy if he wins the Nobel peace prize. He will then
campaign for the Nobel prize in economics.
Why bring BIBI into it. BIBI isn't putting tariffs on anyone. You just went apeshit when he went after Iran because of the oil. You were as vocal when it was just Palestine, hmmmm, I wonder why.
Cheeto TACOs friends :
Putin : ruthless dictator
Kim Jon un : ruthless dictator
MBS : ruthless dictator
Taliban : terrorist organization who murdered more Americans than anyone in history
Hamas : terrorist organization
Netanyahu : accused of war crimes
Qatar : support Hamas
Cheeto TACOs enemies :
A majority of America
All of north and south America
All of western and eastern Europe
All of Africa
Australia
All of Asia other than Russia
Putin : ruthless dictator
Kim Jon un : ruthless dictator
MBS : ruthless dictator
Taliban : terrorist organization who murdered more Americans than anyone in history
Hamas : terrorist organization
Netanyahu : accused of war crimes
Qatar : support Hamas
Cheeto TACOs enemies :
A majority of America
All of north and south America
All of western and eastern Europe
All of Africa
Australia
All of Asia other than Russia
If Trump is awarded the Nobel Peace prize, people will visit Nobel's grave and piss on it.
Not only Bibi isn't putting tariffs on the world, he will also accept Trump's
tariffs with grace. We or the ass-kissers of Israel could learn from the master
of the U.S. one or two things on diplomacy.
Stressing the ‘billions’ US gives in aid, Trump refuses to commit to removing tariffs on Israel
At White House summit, Netanyahu promises to eliminate trade deficit with US, but fails to get promise from president to roll back policy
www.timesofisrael.com
