Trump tariffs: ruin U.S. economy until 2040

[Anonymous]

re farmers

https://www.politico.com/live-updates/2025/04/03/congress/trump-administration-ramps-up-farm-aid-discussions-amid-tariff-fallout-00271531

they are already gearing up for another 9 figure bail out for red state voters.

Trump administration officials are assuring farm-state Republicans they will funnel billions of taxpayer dollars to farmers who are hit by Trump’s intensifying trade war

[Anonymous]

Anonymous wrote:

Anonymous wrote:I had to go look up what happened to farmers after the last tariffs and here are some numbers:

- the 2018 tariffs cost farmers between $27-$30 billion

- we paid those farmers $23 billion in aid to bail them out

- according to an agricultural news and information source about the old and new tariffs, “when Trump left office in 2020, farm income increased by 27% with President Joe Biden at the helm.”

The farmers were just starting to recover from trump tariffs in 2018, and now they are dealing with this. And some of their business never returned after 2018. China was the biggest buyer of U.S. soybeans, and they largely swapped to buying soybeans from Brazil instead. The U.S. never got the lion’s share of the market back because china chose to stay with Brazil. Now that china is retaliating with further soybean tariffs, guess who is there to scoop up the few contracts that remained? Brazil again. The soybean trade with china will never come back.

This is the lesson MAGA/GOP *should* have learned. You don’t gaslight and burn your friends and then come back because you want to and expect that everything’s peachy. Maybe they’d do week to read and study the DCUM Relationships forum.

[Anonymous]

Anonymous wrote:re farmers

https://www.politico.com/live-updates/2025/04/03/congress/trump-administration-ramps-up-farm-aid-discussions-amid-tariff-fallout-00271531

they are already gearing up for another 9 figure bail out for red state voters.

Trump administration officials are assuring farm-state Republicans they will funnel billions of taxpayer dollars to farmers who are hit by Trump’s intensifying trade war

I may organize protests if that happens. If my community and I go down, we all go down.

[Anonymous]

Anonymous wrote:re farmers

https://www.politico.com/live-updates/2025/04/03/congress/trump-administration-ramps-up-farm-aid-discussions-amid-tariff-fallout-00271531

they are already gearing up for another 9 figure bail out for red state voters.

Trump administration officials are assuring farm-state Republicans they will funnel billions of taxpayer dollars to farmers who are hit by Trump’s intensifying trade war

I think I would have preferred it if he bought the votes of rural voters directly, without crashing the global economy as a pretext.

[Anonymous]

Anonymous wrote:The drama on the tariff is just not bothering regular people. It is a temporary thing and I am happy that my friends in auto industry and other industry will have jobs. Too often republicans just think of wealthy. They finally are prioritizing middle class. The tariffs are a negotiating tool and also glad it has been show how the USA has been way overpaying for years. Time to have some reciprocity and allow more of our good out.

Listen - first of all the tariffs aren't that. He took the trade deficit and "punished" every country who didn't "give" US enough.

We are past negotiations. That takes communication and a dialogue. Trump just declared war and penalized countries whether they were allies or not. He had total disregard for anyone. Is that negotiating? Diplomatic? What would make someone who is not deranged simply act so irrationally?

The middle class will suffer greatly, your friends will soon be out of jobs, as big companies start losing profits because people don't want to buy products or don't have money to buy, their businesses will need to reign in and let go of workers.

This is Great Depression v recession stuff. Do you think stock market fell 1600 points today is a joke? Does that sound like most people are not caring about the potential disaster of epic proportions our Econ faces?

You need a lesson in basic economy. What Trump wants to accomplish isn't going to happen using this strategy. The best we can hope for is him changing his mind to take some of this back and hope that other countries will not penalize us.

It's true that globally, every country wants US business and needs it. However, if they are able to form new partnerships and thrive, the US is the one who gets left out. The way things work in 2025, you just can't go it alone. Nobody exists in a vacuum anymore - it's not 1950. We don't have a manufacturing infrastructure set up to go it alone.

In 100 variations, this path of punishing other countries only hurts the US most of all. There is no silver lining for us. There is pain and honestly, it's Econ suicide on a national scale.

[Anonymous]

Anonymous wrote:re farmers

https://www.politico.com/live-updates/2025/04/03/congress/trump-administration-ramps-up-farm-aid-discussions-amid-tariff-fallout-00271531

they are already gearing up for another 9 figure bail out for red state voters.

Trump administration officials are assuring farm-state Republicans they will funnel billions of taxpayer dollars to farmers who are hit by Trump’s intensifying trade war

I’m not sure if I would count on that. Trump has no need for these people anymore. He’s a king. He doesn’t need their votes and he doesn’t need senators or congressman. They’ve given him all of their power.

[Anonymous]

Suppose Trump threw in a small tax hike on income over one million to go with his tariffs. Would Democrats vote for the budget?

[Anonymous]

Anonymous wrote:Suppose Trump threw in a small tax hike on income over one million to go with his tariffs. Would Democrats vote for the budget?

I can’t think of anything less likely.

[Anonymous]

What do the Antarctic penguins export to the US? Aldi, the other uninhabited island with tariffs. Trump is crazy and his handlers are incompetent.

[Anonymous]

Anonymous wrote:Suppose Trump threw in a small tax hike on income over one million to go with his tariffs. Would Democrats vote for the budget?

Trump just took down the world’s economy. We will be lucky to escape this with long deep recession. It’s game over and there is no reset button. The US budget does not matter anymore. The US GDP will shrink, interest rates will increase and capital is fleeing the US. The cost of our debt service is going to blow out the budget. We are f’ed because of republicans and Trump and you are talking about re-arranging the deck chairs.

[Anonymous]

Why can’t we have Biden back? He is a 1000x better vs Trump

[Anonymous]

Anonymous wrote:

Anonymous wrote:The drama on the tariff is just not bothering regular people. It is a temporary thing and I am happy that my friends in auto industry and other industry will have jobs. Too often republicans just think of wealthy. They finally are prioritizing middle class. The tariffs are a negotiating tool and also glad it has been show how the USA has been way overpaying for years. Time to have some reciprocity and allow more of our good out.

Listen - first of all the tariffs aren't that. He took the trade deficit and "punished" every country who didn't "give" US enough.

We are past negotiations. That takes communication and a dialogue. Trump just declared war and penalized countries whether they were allies or not. He had total disregard for anyone. Is that negotiating? Diplomatic? What would make someone who is not deranged simply act so irrationally?

The middle class will suffer greatly, your friends will soon be out of jobs, as big companies start losing profits because people don't want to buy products or don't have money to buy, their businesses will need to reign in and let go of workers.

This is Great Depression v recession stuff. Do you think stock market fell 1600 points today is a joke? Does that sound like most people are not caring about the potential disaster of epic proportions our Econ faces?

You need a lesson in basic economy. What Trump wants to accomplish isn't going to happen using this strategy. The best we can hope for is him changing his mind to take some of this back and hope that other countries will not penalize us.

It's true that globally, every country wants US business and needs it. However, if they are able to form new partnerships and thrive, the US is the one who gets left out. The way things work in 2025, you just can't go it alone. Nobody exists in a vacuum anymore - it's not 1950. We don't have a manufacturing infrastructure set up to go it alone.

In 100 variations, this path of punishing other countries only hurts the US most of all. There is no silver lining for us. There is pain and honestly, it's Econ suicide on a national scale.

+1

This is absolute stupidity. It’s going to trigger a Great Depression and then a war. Trump will be remembered like Herbert Hoover is now.

[Anonymous]

Anonymous wrote:Why can’t we have Biden back? He is a 1000x better vs Trump

What’s scary is that this is true, and Biden is brain dead.

[Anonymous]

Anonymous wrote:Yep, 900 being laid off at Stellantis (maker of Jeeps) as direct consequence of Tariffs.

https://www.cbsnews.com/detroit/news/stellantis-pause-production-windsor-plant-layoff-900-workers-midwest/

The Stellantis and Whirlpool layoffs should be in the FAFO thread. I’m sure the majority of those workers voted for the Orangeman and his tariffs.

[Anonymous]

Anonymous wrote:

Anonymous wrote:The drama on the tariff is just not bothering regular people. It is a temporary thing and I am happy that my friends in auto industry and other industry will have jobs. Too often republicans just think of wealthy. They finally are prioritizing middle class. The tariffs are a negotiating tool and also glad it has been show how the USA has been way overpaying for years. Time to have some reciprocity and allow more of our good out.

The tariffs were JUST announced...people won't feel it for a few months.
Auto manufacturers are already laying people off, as is Whirlpool.

If they have an IRA, 457 or 401k retirement account, they felt it yesterday.