Trump tariffs: ruin U.S. economy until 2040

[Anonymous]

Anonymous wrote:Imagine betting the entire US economy on a few games of Chicken

I don't even think he's playing chicken. That would imply he has some sort of grand strategy. He doesn't. Tariffs are simply the way he gets media cycles, while attempting to get business/foreign leaders to grovel. He's a "content President" who has otherwise run out of content, so we'll continue to suffer tariffs so that he gets attention. This isn't coming to an end.

[Anonymous]

Big announcement for a press conference at 10a today....here is what it is:

Trump's "big" trade deal is with the UK:
- It's a framework not a deal
- They're our 11th largest trading partner
- They're only 3% of US trade (97% to go)
- They *already* charge average tariffs of only 1% (limited upside)

per Justin Wolfers

[Anonymous]

Anonymous wrote:Big announcement for a press conference at 10a today....here is what it is:

Trump's "big" trade deal is with the UK:
- It's a framework not a deal
- They're our 11th largest trading partner
- They're only 3% of US trade (97% to go)
- They *already* charge average tariffs of only 1% (limited upside)

per Justin Wolfers

A concept of a framework of a deal

[Anonymous]

Anonymous wrote:

Anonymous wrote:Big announcement for a press conference at 10a today....here is what it is:

Trump's "big" trade deal is with the UK:
- It's a framework not a deal
- They're our 11th largest trading partner
- They're only 3% of US trade (97% to go)
- They *already* charge average tariffs of only 1% (limited upside)

per Justin Wolfers

A concept of a framework of a deal

But Trump will insist on a big rose garden presser and maga will pretend it’s all brilliant.

Meanwhile in the real world the ships are grinding to a halt and the shelves are emptying.

We trade services with the uk so no factories from this.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Big announcement for a press conference at 10a today....here is what it is:

Trump's "big" trade deal is with the UK:
- It's a framework not a deal
- They're our 11th largest trading partner
- They're only 3% of US trade (97% to go)
- They *already* charge average tariffs of only 1% (limited upside)

per Justin Wolfers

A concept of a framework of a deal

But Trump will insist on a big rose garden presser and maga will pretend it’s all brilliant.

Meanwhile in the real world the ships are grinding to a halt and the shelves are emptying.

We trade services with the uk so no factories from this.

iornically, the markets are up on this...I guess trump is awesome for daytraders

[Anonymous]

Some reality from Jerome Powell: https://newrepublic.com/post/194985/federal-reserve-powell-trump-economy-tariffs-stagflation

Trump is a moron.

[Anonymous]

Anonymous wrote:Some reality from Jerome Powell: https://newrepublic.com/post/194985/federal-reserve-powell-trump-economy-tariffs-stagflation

Trump is a moron.

He is a moron thinking he is a stable genius. The less you know, the less you fear.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Imagine betting the entire US economy on a few games of Chicken

I don't even think he's playing chicken. That would imply he has some sort of grand strategy. He doesn't. Tariffs are simply the way he gets media cycles, while attempting to get business/foreign leaders to grovel. He's a "content President" who has otherwise run out of content, so we'll continue to suffer tariffs so that he gets attention. This isn't coming to an end.

This accounts for the round the clock "trump is awesome" commercials. The constant revisionist narrative gaslighting is getting nauseating.

[Anonymous]

On social media, Trump has floated reducing the tariffs on China from 145% to 80% with no concessions from China.

At this rate, Xi is going to OWN Trump and the USA.

art of the deal, LOL

[Anonymous]

More tariff job losses

“Volvo Cars (VOLCARb.ST), opens new tab said on Wednesday it would make production changes and cut 5% of the workforce at its Charleston plant in the United States due to changing market conditions and evolving trade policies, including tariffs.”

https://www.reuters.com/business/world-at-work/volvo-cars-cut-5-workforce-south-carolina-plant-us-2025-05-07/

[Anonymous]

Anonymous wrote:More tariff job losses

“Volvo Cars (VOLCARb.ST), opens new tab said on Wednesday it would make production changes and cut 5% of the workforce at its Charleston plant in the United States due to changing market conditions and evolving trade policies, including tariffs.”

https://www.reuters.com/business/world-at-work/volvo-cars-cut-5-workforce-south-carolina-plant-us-2025-05-07/

Why does winning hurt so much?

[Anonymous]

How can any F500 execs, AmCham, or Biz Roundtable folks get behind any of this? They b#tched about Biden endlessly but they had it so good! Stock prices imploding, they are staring down the barrel of a recession.

How is any of this "business friendly"?

[Anonymous]

Wow, the UK "deal" broken down

https://bsky.app/profile/justinwolfers.bsky.social/post/3loqqczolhd2a

(and there is no deal in reality, it was just a for show press conference)

[Anonymous]

We truly live in an idiocracy

Trump: "We already made a great deal. We're not doing business with China right now. We lost $1 trillion with China last year, so if you're not gonna do business with them, you're not gonna lose $1 trillion."

https://bsky.app/profile/atrupar.com/post/3lordi7ox6b26

[Anonymous]

Anonymous wrote:How can any F500 execs, AmCham, or Biz Roundtable folks get behind any of this? They b#tched about Biden endlessly but they had it so good! Stock prices imploding, they are staring down the barrel of a recession.

How is any of this "business friendly"?

Biden would never go after them or their business. So there was no down side to attack Biden. The next democratic president will not be so accommodating.