Trump tariffs: ruin U.S. economy until 2040

[Anonymous]

Anonymous wrote:That's odd because I was told the evil orange man was making his billionaire buddies rich, not tanking their market cap

So you're told different things by different people, so what? Both of them could be true (Musk's contracts for example).

What's your point? You think anything you've said makes this shitshow go away? It doesn't.

[Anonymous]

Anonymous wrote:

Anonymous wrote:That's odd because I was told the evil orange man was making his billionaire buddies rich, not tanking their market cap

So you're told different things by different people, so what? Both of them could be true (Musk's contracts for example).

What's your point? You think anything you've said makes this shitshow go away? It doesn't.

My investments are largely boring dividend stocks and they're doing just fine, though i wouldnt mind a pullback to buy more.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:That's odd because I was told the evil orange man was making his billionaire buddies rich, not tanking their market cap

So you're told different things by different people, so what? Both of them could be true (Musk's contracts for example).

What's your point? You think anything you've said makes this shitshow go away? It doesn't.

My investments are largely boring dividend stocks and they're doing just fine, though i wouldnt mind a pullback to buy more.

Sure, Jan. Now, go back to Mom’s basement and let the adults talk.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:That's odd because I was told the evil orange man was making his billionaire buddies rich, not tanking their market cap

So you're told different things by different people, so what? Both of them could be true (Musk's contracts for example).

What's your point? You think anything you've said makes this shitshow go away? It doesn't.

My investments are largely boring dividend stocks and they're doing just fine, though i wouldnt mind a pullback to buy more.

Sure. This won’t affect you at all. Uh huh.

- someone who is also invested almost entirely in boring dividend stocks

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:That's odd because I was told the evil orange man was making his billionaire buddies rich, not tanking their market cap

So you're told different things by different people, so what? Both of them could be true (Musk's contracts for example).

What's your point? You think anything you've said makes this shitshow go away? It doesn't.

My investments are largely boring dividend stocks and they're doing just fine, though i wouldnt mind a pullback to buy more.

Mine are too - I have no tech - and I’m still down a hundred grand over the last two days.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:That's odd because I was told the evil orange man was making his billionaire buddies rich, not tanking their market cap

So you're told different things by different people, so what? Both of them could be true (Musk's contracts for example).

What's your point? You think anything you've said makes this shitshow go away? It doesn't.

My investments are largely boring dividend stocks and they're doing just fine, though i wouldnt mind a pullback to buy more.

Mine are too - I have no tech - and I’m still down a hundred grand over the last two days.

Lucky you. We're down $500k.

Republicans are screwed. SO screwed.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:That's odd because I was told the evil orange man was making his billionaire buddies rich, not tanking their market cap

So you're told different things by different people, so what? Both of them could be true (Musk's contracts for example).

What's your point? You think anything you've said makes this shitshow go away? It doesn't.

My investments are largely boring dividend stocks and they're doing just fine, though i wouldnt mind a pullback to buy more.

Mine are too - I have no tech - and I’m still down a hundred grand over the last two days.

Lucky you. We're down $500k.

Republicans are screwed. SO screwed.

Are Republicans really screwed, though? People seem to think it's now the "patriotic" thing to go broke for the "higher good." They are walking behind this guy into the fire, willingly and happily.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Seems that China was not persuaded by Bessent’s advice not to impose retaliatory tariffs. And we can expect more from the EU soon. We’re not top dog anymore.

It will be a cold day in hell when China relents to Trump's nonsense, Chinese have a very HIGH threshold for pain especially of the fiscal variety, Trump is way out of his league when dealing with China. They haven't said a single word, it will all be actions, Xi Jingping didn't broadcast his tariff signing ceremony all over the world, he's not a lunatic.

Let's not kid ourselves, Xi is a lunatic too. But he's quieter about it.

And China also depends upon the US markets. Trump's bats*** crazy negotiating tactics are actually best-suited to China. Using them on the rest of the world is just dumb. And harmful to the US and to his plan, whatever that is.

Respectfully, I disagree. China has broadened their markets so much that U.S market is simply one part of their world market. Also, like I said earlier Chinese can suffer and feel the pain a LOT longer than us. I have lived in China, I have worked with Chinese, these are not individualistic societies like ours, these people have deep capabilities to hunker down and bear the fiscal pain, especially for national pride.

They also don't have a choice. We won't soon as well. America has quite literally never experienced this before in the way China or Russia have - but we're about to.

[Anonymous]

Anonymous wrote:

Anonymous wrote:It's a data point of one, but I just checked in with my Trump-voting parent a short time ago to see what he thinks. Parent is still sticking with Trump -- parent says that bringing back manufacturing to the United States is very important.

Mind-blowing, isn't it.

Today is the first time I think I've ever heard my parent use the word "manufacturing", this is not something my parent has ever mentioned before.

I really do think so many of our Trump-voting parents are in the midst of cognitive decline and it is so very hard to watch. There is no way hell my dad would have voted for that clown when he was younger. And Fox News is not helping with the shoveling of the propaganda BS to our aging parents.

Fox literally removed their stock market ticker from the bottom of their screens today, while ranting about Biden and Harris, who are entirely irrelevant to these current events. So all of these folks in cognitive decline who are only watching one network are fairly clueless as to what's really going on. You'll catch bits and pieces of reality on Fox News but they are few and far between across their news cycle. They're still trying to keep people infuriated about past administrations or candidates to distract from Trump absolutely decimating our economy in a matter of days.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:That's odd because I was told the evil orange man was making his billionaire buddies rich, not tanking their market cap

So you're told different things by different people, so what? Both of them could be true (Musk's contracts for example).

What's your point? You think anything you've said makes this shitshow go away? It doesn't.

My investments are largely boring dividend stocks and they're doing just fine, though i wouldnt mind a pullback to buy more.

Mine are too - I have no tech - and I’m still down a hundred grand over the last two days.

Lucky you. We're down $500k.

Republicans are screwed. SO screwed.

Are Republicans really screwed, though? People seem to think it's now the "patriotic" thing to go broke for the "higher good." They are walking behind this guy into the fire, willingly and happily.

Someone already told all the blue collar workers that make stuff that nafta was patriotic and that “free” trade with china was patriotic. Those patriotic moves cost lots of people lots of jobs but you didn’t care because your stocks went up. You didn’t care about the people financially hurt by those “patriotic” moves. And how is it patriotic to be ok with Canada refusing to buy our dairy and beef but we buy there’s. So the guy in Niagara Falls New York can buy Canadian beef or American for exactly the same price but the guy in Niagara Falls Canada had to pay a huge tariff to buy American beef so he will always buy Canadian. Why exactly was that a good a fair arrangement for America? I’m listening.

[Anonymous]

Anonymous wrote:Congress needs to act and nullify the "emergency" tariffs with a simple majority vote.

The POTUS should not have this power outside of a legit emergency, like invasion. This is why the House is on recess - the discharge petition actually is likely to pass, just like it did in the Senate.

Yes, this making up emergency status in order to rule like a dictator is going to keep going until the other branches of government do something about it. As long as Republicans in Congress care more about their party than their country, we're going to keep sliding rapidly downward. I don't know if they'll ever decide to stop it.

[Anonymous]

This is why I took a financial snapshot/questionnaire for my household in December.

We’re going to compare to 4y later. Yep. I know it’s going to be a huge loss.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Republican investors are losing buckets of money and there is absolutely nobody to blame but Trump.

To continue voting for and supporting him, his proxies, his policies is economic suicide. End of story.

I saw something today where Bessent is looking to jump ship and go to the fed. I’m not sure how that would help his reputation though. He’s tied to this policy. Not sure the revolving door of government to private sector is going to work out for him.

I read that he was trying to steer the ship, but ultimately realized what so many other trump cabinet members and advisors realized in the first incarnation of the trump presidency - you can’t reason trump out of anything. Because trump doesn’t believe in the paradigm of experience and expertise that every other president believes in. So many people like Bessent were arrogant and in so in love with their own expertise that they thought they would be the exception, and surely Trump would listen to them. Bessent will forever and always have these slipshod tariffs attached to his name. And he will always be remembered as one of the architects of the recession/depression of 2025. It’s even worse if he was a reluctant one.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:That's odd because I was told the evil orange man was making his billionaire buddies rich, not tanking their market cap

So you're told different things by different people, so what? Both of them could be true (Musk's contracts for example).

What's your point? You think anything you've said makes this shitshow go away? It doesn't.

My investments are largely boring dividend stocks and they're doing just fine, though i wouldnt mind a pullback to buy more.

Mine are too - I have no tech - and I’m still down a hundred grand over the last two days.

Lucky you. We're down $500k.

Republicans are screwed. SO screwed.

Are Republicans really screwed, though? People seem to think it's now the "patriotic" thing to go broke for the "higher good." They are walking behind this guy into the fire, willingly and happily.

Funny how the “higher good” is commie socialism when talking about programs that benefit everyone, but a patriotic necessity when it comes to hurting the general populace.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:That's odd because I was told the evil orange man was making his billionaire buddies rich, not tanking their market cap

So you're told different things by different people, so what? Both of them could be true (Musk's contracts for example).

What's your point? You think anything you've said makes this shitshow go away? It doesn't.

My investments are largely boring dividend stocks and they're doing just fine, though i wouldnt mind a pullback to buy more.

Mine are too - I have no tech - and I’m still down a hundred grand over the last two days.

Lucky you. We're down $500k.

Republicans are screwed. SO screwed.

Are Republicans really screwed, though? People seem to think it's now the "patriotic" thing to go broke for the "higher good." They are walking behind this guy into the fire, willingly and happily.

Someone already told all the blue collar workers that make stuff that nafta was patriotic and that “free” trade with china was patriotic. Those patriotic moves cost lots of people lots of jobs but you didn’t care because your stocks went up. You didn’t care about the people financially hurt by those “patriotic” moves. And how is it patriotic to be ok with Canada refusing to buy our dairy and beef but we buy there’s. So the guy in Niagara Falls New York can buy Canadian beef or American for exactly the same price but the guy in Niagara Falls Canada had to pay a huge tariff to buy American beef so he will always buy Canadian. Why exactly was that a good a fair arrangement for America? I’m listening.

You're listening? Really? Good. Then listen up and listen good. The things Trump has been claiming about Canadian tariffs on meat and dairy, and how "unfairly" America has been treated - those are FALSE. Trump is lying. Here are some details about it that you need to listen to: https://www.factcheck.org/2025/04/trumps-misleading-claim-on-canadian-dairy-tariffs/