Trump tariffs: ruin U.S. economy until 2040

[Anonymous]

Anonymous wrote:WSJ reports that economists are saying that the risk of recession has risen under Trump. So much winning!!!!!!!!!

Recession Risk Has Leapt Under Trump, Economists Say

Since President Trump took office, economists have slashed estimates for growth while raising them for inflation and unemployment. The main reason is tariffs, according to respondents in our quarterly survey of economists.

--The probability of a recession in the next 12 months stands at around 45%, according to economists questioned between April 4 and April 8. That's up from 22% in January.

--Economists expect US gross domestic product after inflation to expand just 0.8% in the fourth quarter from a year earlier. That is down from a forecast of 2% in January.

https://www.wsj.com/livecoverage/stock-market-trump-tariffs-trade-war-04-14-25/card/pWpiGeXY9KGhDyGfRxj2?mod=djemCapitalJournalDaybreak

Look at those survey dates. That's before anything was implemented. Things have gotten worse since then.

[Anonymous]

And now they are going to exempt cars and car parts. This regime is such a joke.

https://www.yahoo.com/news/trump-offers-tariff-exemptions-car-194325041.html

[Anonymous]

Anonymous wrote:And now they are going to exempt cars and car parts. This regime is such a joke.

https://www.yahoo.com/news/trump-offers-tariff-exemptions-car-194325041.html

I saw something that Mexico and Canada have a 25% tariffs except for anything covered by USMCA. That covers all most all trade…lol!

[Anonymous]

[Anonymous]

Anonymous wrote:

China will not bow down to Trump. They can and will endure hardship if needed.

They were probably not amused at the anti Asian sentiment that Trump incited during the pandemic, so they won’t feel bad to inflict pain on the US in response to Trump’s attempts to bully them.

I think Trump has underestimated how far and deep China can and will go to be on top.

[Anonymous]

Nope. China will not back down. And the US will feel a world of hurt as a result of China, plus the rest of the world turning their backs to us. While any individual country might not stand up, the collective of the world is more powerful that the US. So then what happens? Will 2027 or 2028 be when Trump starts a hot war?

[Anonymous]

He can’t win a trade war with China. He’s a lame duck who has consistently demonstrated he doesn’t have the attention span or fortitude to keep this up. He changes his mind day-to-day and even hour-to-hour. I’m not even sure what a trade deal even means to somebody like Trump, who has never respected contracts or the law. The only question is how he tries to back down this time while projecting a win because China isn’t going to pick up the phone or sit down with him.

[Anonymous]

Anonymous wrote:He can’t win a trade war with China. He’s a lame duck who has consistently demonstrated he doesn’t have the attention span or fortitude to keep this up. He changes his mind day-to-day and even hour-to-hour. I’m not even sure what a trade deal even means to somebody like Trump, who has never respected contracts or the law. The only question is how he tries to back down this time while projecting a win because China isn’t going to pick up the phone or sit down with him.

He also has no idea what he is doing and tossing down proclaimations like he is a king and expects all of the global companies and other countries to bow to his will. He is just such a consumate loser.

[Anonymous]

That’s why he needs to be stopped. The damage is done. Let’s try to staunch the bleeding, senate GOP.

[Anonymous]

China now retaliating against Boeing:

https://www.bloomberg.com/news/articles/2025-04-15/china-tells-airlines-stop-taking-boeing-jets-as-trump-tariffs-expand-trade-war?srnd=homepage-americas

They cut off beef imports a couple days ago. Seems Xi is escalating even after Trump is trying to make concessions to stop the bleeding.

[Anonymous]

Anonymous wrote:That’s why he needs to be stopped. The damage is done. Let’s try to staunch the bleeding, senate GOP.

This.
Trump is so far out of his league. The rest of the world can see the emperor has no clothes and is now happy to point that out. The GOP needs to gets its head out of Trump’s behind.

[Anonymous]

Anonymous wrote:China now retaliating against Boeing:

https://www.bloomberg.com/news/articles/2025-04-15/china-tells-airlines-stop-taking-boeing-jets-as-trump-tariffs-expand-trade-war?srnd=homepage-americas

They cut off beef imports a couple days ago. Seems Xi is escalating even after Trump is trying to make concessions to stop the bleeding.

China probably has a long list and is just going to turn the screws more every few days.

[Anonymous]

Anonymous wrote:

Anonymous wrote:China now retaliating against Boeing:

https://www.bloomberg.com/news/articles/2025-04-15/china-tells-airlines-stop-taking-boeing-jets-as-trump-tariffs-expand-trade-war?srnd=homepage-americas

They cut off beef imports a couple days ago. Seems Xi is escalating even after Trump is trying to make concessions to stop the bleeding.

China probably has a long list and is just going to turn the screws more every few days.

Unlike trump’s own voters, China was listening to Trump’s tariff talk and had a plan for this scenario.

China has been trying to increase their domestic consumption for a while, and although this is not the way he wanted to do it, Xi can tell his subjects that their patriotic duty is to consume more, inject a stimulus package, and they will follow along. China had already announced a couple of months ago that they would give childcare credits and debt relief for local governments to increase domestic consumption. They will probably announce more easing of rates and other steps to bolster consumption soon.

I am dreading the crescendo of this trade war, especially since we have no idea when it might come. Can we, as citizens, sue Trump in a class action for economic disruption and mental anguish?

[Anonymous]

Anonymous wrote:

BERNSTEIN: “.. there is a large order in negotiation in China right now with Airbus (potentially 500 airplanes) .. there is little chance $BA would have an opportunity for this given the current situation. The implication could be a long-term shift in the Chinese market toward Airbus ..”

gee, this won't hurt the US economy at all for the next 40 years, will it?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:China now retaliating against Boeing:

https://www.bloomberg.com/news/articles/2025-04-15/china-tells-airlines-stop-taking-boeing-jets-as-trump-tariffs-expand-trade-war?srnd=homepage-americas

They cut off beef imports a couple days ago. Seems Xi is escalating even after Trump is trying to make concessions to stop the bleeding.

China probably has a long list and is just going to turn the screws more every few days.

Unlike trump’s own voters, China was listening to Trump’s tariff talk and had a plan for this scenario.

China has been trying to increase their domestic consumption for a while, and although this is not the way he wanted to do it, Xi can tell his subjects that their patriotic duty is to consume more, inject a stimulus package, and they will follow along. China had already announced a couple of months ago that they would give childcare credits and debt relief for local governments to increase domestic consumption. They will probably announce more easing of rates and other steps to bolster consumption soon.

I am dreading the crescendo of this trade war, especially since we have no idea when it might come. Can we, as citizens, sue Trump in a class action for economic disruption and mental anguish?

No, but all the organizations and people he has targeted can and should. Dominion Voting is winning its cases against Fox.