Trump tariffs: ruin U.S. economy until 2040
![[Post New]](/jforum/templates/default/images/icon_minipost_new.gif){kind=icon}
Anonymous
The 10 people who still buy physical movies will be quite upset. Which one of his sycophants is going to tell him about streaming? |
Anonymous
|
Trump: "I can create peace with tariffs. I'm using them for a lot of different reasons. If that power was taken away, it would be a terrible terrible day for our country. I would say many of the things I've done could be eradicated ... these are enemies of the country that are pursuing that lawsuit"
https://bsky.app/profile/atrupar.com/post/3m2pykfh6um27 'a lot of different reasons' ie I can extort countries and companies for personal gain |
Anonymous
It’s all about the grift for Trump and his sycophants. There’s a reason the GOP is staying quiet on how catastrophic this is for our economy. They are benefiting personally. |
Anonymous
|
Another Trump Tax increase:
Trump announces new 100% tariff on Chinese imports, after stock market sell-off China imposed limits on rare earth minerals a day earlier. https://abcnews.go.com/amp/Politics/trump-threatens-massive-tariffs-china-triggering-stock-market/story?id=126405187 So much winning! Trump is smarting about the peace prize and will be on a tear for the next few days. Maybe weeks. Tough to be POTUS and be so impotent. |
Anonymous
China is kicking Trump’s ass bigly, and he doesn’t even realize it. Sad! |
Anonymous
I think this latest 100% announcement is in retlaition for getting his ass handed to him. I wonder if there is a point the CEOs say 'basta'? |
Anonymous
There has to be. The wheels are starting to come off. UPS is now “disposing” packages bound for the U.S. because they can’t manage the paperwork. It’s a mess. Thousands of U.S.-bound packages shipped by UPS are trapped at hubs across the country, unable to clear the maze of new customs requirements imposed by the Trump administration. As packages flagged for customs issues pile up in UPS warehouses, the company told NBC News it has begun “disposing of” some shipments. https://www.nbcnews.com/news/amp/rcna236607 |
Anonymous
And apparently, his trade war is backfiring as China exports worldwide have increased as they take on new partners like Europe (who this dipshit also alienated). It’s a train wreck… Https://www.yahoo.com/finance/news/trump-bet-china-face-tremendous-104848730.html |
Anonymous
Trump is upset Putin was invited to China for the military parade. |
Anonymous
the rest of the world is moving on economically without the USA. It will take decades, if ever, to overcome the damage trump has done. |
Anonymous
Decades for sure. Already money has chosen destinations other than the U.S. And investors are requiring higher interest rates to hold our debt. Johnson keeping the House out of session essentially since the beginning of summer is not helping either. |
Anonymous
We've already been getting screwed over for decades - American worker productivity has doubled, but wages have been stagnant. The rich get richer and everyone else bears the cost.
|
Anonymous
| I hadn't paid attention but a friend told me today tech stocks dropped sharply over the recent 100% tariff announcement then jumped back up when Trump (apparently) backed off. Talk about f-ing around with economics. He's sure there's at least one person with highly leveraged stocks who probably committed suicide, and also probably spread the word so his friend could make some money short selling. |
Anonymous
The rich have always believed if you don't keep the workers under the yoke they'll be useless. One of the arguments against 40 hour weeks was that they'd just become idlers and drunks. |