Trump tariffs: ruin U.S. economy until 2040

[Anonymous]

People should be a little more careful...P&G announced prices rises for 25% of their products, not a 25% increase in prices.

[Anonymous]

Anonymous wrote:

Thrifting can really help stretch the budget. There’s nothing I can do about the food except continue to trim discretionary items, but getting gently used hoodies at the thrift store for my teen is helpful!

Canned goods like tuna, salmon, fruit and veg will probably go up but they are still cheaper way to eat and healthy options!

Have you ever lived in a third world country (which is where we are headed now). Here's what happens when many people buy second hand in thrift stores: prices go up for those gently used items the same way prices go up in any supply-demand situation. People who have live on islands where it's hard to get products also experience this. Ask me how I know.

So what can we do? My solution for now is to thrift and just not buy stuff so much as I can. I’m trying to save. But no, I’ve only lived in the US during solid times. I’m aware that may be changing. Beyond being flexible, what’s good advice?

[Anonymous]

https://www.cnn.com/business/live-news/trade-deadline-tariffs-trump-deals

TACO TACO MAN!!
I wonder if they song instant of Nacho MAN,
TACO TACO MAN

[Anonymous]

Anonymous wrote:https://www.cnn.com/business/live-news/trade-deadline-tariffs-trump-deals

TACO TACO MAN!!
I wonder if they song instant of Nacho MAN,
TACO TACO MAN

Mexico got an extension.

https://www.nytimes.com/live/2025/07/31/us/trump-news

[Anonymous]

Anonymous wrote:

Anonymous wrote:https://www.cnn.com/business/live-news/trade-deadline-tariffs-trump-deals

TACO TACO MAN!!
I wonder if they song instant of Nacho MAN,
TACO TACO MAN

Mexico got an extension.

https://www.nytimes.com/live/2025/07/31/us/trump-news

But he said no more extensions. Almost like everything he says is a lie.

[Anonymous]

Between DOGE and Trump tariffs, as of July 2025, job cuts have already surpassed all 2024 job losses.

[Anonymous]

[Anonymous]

Trump instituted new tariffs.

35% Canada
20% Taiwan
15% New Zealand
39% Switzerland
19% Cambodia
15% Turkey
15% South Korea, Venezuela, Israel
20% Sri Lanka
40%Laos, Myanmar
20% Vietnam
19% Indonesia

Small deficit nations have 15% tariff.

If the US has a surplus, the tariff is 10%.

I mean, why does the US need tariffs with counties with a surplus?

[Anonymous]

Anonymous wrote:Trump instituted new tariffs.

35% Canada
20% Taiwan
15% New Zealand
39% Switzerland
19% Cambodia
15% Turkey
15% South Korea, Venezuela, Israel
20% Sri Lanka
40%Laos, Myanmar
20% Vietnam
19% Indonesia

Small deficit nations have 15% tariff.

If the US has a surplus, the tariff is 10%.

I mean, why does the US need tariffs with counties with a surplus?

What percent for the island with only penguins?

[Anonymous]

Anonymous wrote:Trump instituted new tariffs.

35% Canada
20% Taiwan
15% New Zealand
39% Switzerland
19% Cambodia
15% Turkey
15% South Korea, Venezuela, Israel
20% Sri Lanka
40%Laos, Myanmar
20% Vietnam
19% Indonesia

Small deficit nations have 15% tariff.

If the US has a surplus, the tariff is 10%.

I mean, why does the US need tariffs with counties with a surplus?

What a mess. How can this be enforced? And did Trump define what percentage of a product qualifies to make it tariffed at a given rate.

Trump is so colossally stupid.

[Anonymous]

A few months ago with GDP decrease of .5%, people said Trump was crashing the economy. Now 3% growth and people say it is a mirage.

[Anonymous]

Cnn declared Trump won and negotiated a good future for the US, if that's proof he won for the US

[Anonymous]

Anonymous wrote:Trump instituted new tariffs.

35% Canada
20% Taiwan
15% New Zealand
39% Switzerland
19% Cambodia
15% Turkey
15% South Korea, Venezuela, Israel
20% Sri Lanka
40%Laos, Myanmar
20% Vietnam
19% Indonesia

Small deficit nations have 15% tariff.

If the US has a surplus, the tariff is 10%.

I mean, why does the US need tariffs with counties with a surplus?

And 50% on Brazil. A country with which we have a trade SURPLUS. But Trump doesn't like the politics. His buddy Bolsoclown is going to jail.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Lot of talk that Trump’s policies will be good for the economy.

Interesting paper here that runs the numbers.

It’s not good.

Be interested for a Trump voter to provide detail on how the Trump policy will improve our economy.


“We find that these steps would result in lower US national income, lower employment, and higher inflation than otherwise. In some cases, economic conditions recover over time, but in others the damage continues through 2040.

And despite Trump’s “America first” rhetoric, these policies would harm the US economy more than any other in the world, particularly trade-exposed sectors such as manufacturing and agriculture. In some cases, other countries would enjoy stronger economic growth than otherwise after receiving inflows of capital leaving the United States.”

https://www.piie.com/blogs/realtime-economics/2024/how-much-would-trumps-plans-deportations-tariffs-and-fed-damage-us

There is literally no one who knows what they are talking about who suggests that Trump's policies will be good for the economy. None.

I am deeply opposed to tariffs. The only potential positive is that we boost some domestic production and lessen dependence on foreign countries for various goods, materials and resources. But that takes years to get spun up. And I don't think it's automatically going to create jobs, either because the biggest issue in industry is high cost of American labor. So we will be using a lot off automation and robotics in any new plants, either that or given already-low unemployment rates and insufficient Americans to take the jobs, worker visas and right now the GOP has made any discussion of foreign labor completely toxic. It would take a decade, easily. And meanwhile it's American consumers bearing the costs all the way, as a stealth tax.