Trump's tariffs could prove to be a "nuclear bomb" on international trade and tech imports, experts warn

[yRaz]

"Luckily Trump is only here for 1 term" - from the looks of things, Trump will try to change the constitution to allow a 3rd term.

Put the pitchfork down, Trump wouldn't get reelected even if he removed the term limit. What you DO have to worry about is if the next candidate is left or right. Considering the left handed trump the election in favor of "feel good" politics. Let's see if they can straighten themselves out and actually make themselves electable

- I love the sterile description of the suffering average people will have to go through to get to a destination that might not even arrive.

Everyone is going to have to tighten their belts and make do with less so long as no one blames Donny! His fat *** won't get any skinnier!

Blame whoever you want, I wanted the crash, not Trump. The fact that Trump is the catalyst for what I saw as a necessary and inevitable correction is just a coincidence. Noone lost money in their investment accounts because it was never safe under the statusquo. if it was safe then nothing Trump could do could impact it. The sooner that everyone realizes their assets were over valued and their money wasn't safe the faster we can all move on.

 

[dirtyferret]

I know Trumpers will never admit it to anyone other than god (and maybe not even him), but we can all sense that seed of anxiety that you really made the wrong call in the voting booth starting to bloom.

“If you can convince the lowest white man he's better than the best colored man, he won't notice you're picking his pocket. Hell, give him somebody to look down on, and he'll empty his pockets for you.”
- former southern President of the USA

 

[dirtyferret]

I regret to inform you, after his tariff stupidity, he is now golfing, on a Thursday. https://www.rawstory.com/indescriba...golf-tournament-after-blowing-up-world-trade/

every stable genius needs a break (or in his case lots and lots of them) after all he thought he was going to raise trillions by raising tariffs on this guy

but instead raised them on these guys
Trump Proudly Debuts New Tariff on a Group of Antarctic Islands. Only Penguins Live There

 

[NumberNine]

every stable genius needs a break (or in his case lots and lots of them) after all he thought he was going to raise trillions by raising tariffs on this guy

but instead raised them on these guys
Trump Proudly Debuts New Tariff on a Group of Antarctic Islands. Only Penguins Live There

 

[GodisanAtheist]

Put the pitchfork down, Trump wouldn't get reelected even if he removed the term limit. What you DO have to worry about is if the next candidate is left or right. Considering the left handed trump the election in favor of "feel good" politics. Let's see if they can straighten themselves out and actually make themselves electable

-Uh, I'm pretty sure guys like you handed Trump the election, as referenced below:

Blame whoever you want, I wanted the crash, not Trump. The fact that Trump is the catalyst for what I saw as a necessary and inevitable correction is just a coincidence. Noone lost money in their investment accounts because it was never safe under the statusquo. if it was safe then nothing Trump could do could impact it. The sooner that everyone realizes their assets were over valued and their money wasn't safe the faster we can all move on.

- Thanks for taking responsibility, hard to find nowadays even in the highest offices.

 

[Vulcanproject]

How to destroy an empire, in one easy step. American century is now over. Trust arrives on foot and leaves on horseback. If the madness stopped today it would take years if not decades to regain America's position among allies and friends that support American primacy.

If destroying those kinds of reliable security relationships isn't enough, the President moves on to wrecking the economy. He has the comprehension of a child. You can't have the global reserve currency without a trade deficit to export dollars. Period. He's pouring away American strength in every critical aspect and he's doing it rapidly in ways that can't easily be halted or reversed.

 

[kiwigraeme]

So much winning

Tariffs such a beautiful word.

"The Groceries" will not be cheaper

Good news - WH spokeswomen said tariffs are a tax cut

So hateful old people who voted Maga

401Ks down
Eggs, inflation up
Medicaid/care likely to be hit
Safety services where more vulnerable dissolved CDC . Weather forecasting , vaccination , medical research etc

Maria and Petro won't wipe your *** in old folks home, or mow your lawns as your neighbour called ICE, as you called ICE on theirs

No one wants your loud MAGA mouth in Europe on vacation ete etc

All of this was forewarned

My hope , rest of world stops buying USA
EU buys home made defense weapons , as Trump was to sell crappy ones with back doors
US dollar fails as world currency

China. Asia, EU and Rest of world have free trade and punish companies selling out of USA

Taxes on all USA service companies in EU and Asia

Tourism and trade conferences etc down , as not a safe country to visit due to lack of due process and law at border = why would dark skin Mediterranean people visit to be snatched off street ?

Huge brain drain to other countries . Let USA survive on it's BS education , Much of USA brains are from overseas

Really traitors to the West and allies to fascists and dictators

 

[yRaz]

-Uh, I'm pretty sure guys like you handed Trump the election, as referenced below:



- Thanks for taking responsibility, hard to find nowadays even in the highest offices.

just to be clear, I haven't voted since 2008

 

[candle86]

Everything is fine, buy American it's that simple I am doing that. I can live without overpriced European garbage, or chinesium products.

 

[kiwigraeme]

just to be clear, I haven't voted since 2008

Is zero a number ? is a non vote a vote ?

I get it representative democracy is a beach ( sp?? )
a bit like a picnic at the beach on a windy day . sometimes you have to grit your teeth for the grit

 

[yRaz]

Is zero a number ? is a non vote a vote ?

I get it representative democracy is a beach ( sp?? )
a bit like a picnic at the beach on a windy day . sometimes you have to grit your teeth for the grit

neither Harris nor Trump earned my vote and I just let fate decide the answer. I figured Harris would delay the crash and the Trump would accelerated. Couldn't decide which one I wanted more so I took a stoic approach and just decided to accept whatever happens. I didn't want to live through a 4th economic crash in my life time but saw it as inevitable. Do I want it sooner or later? The election said get it out of the way now and now we're here.

 

[MarcusNumb]

Well it seems like the rumor that GPU price will increase a lot in June would become true quite early. Trade war will escalate cause every countries who are affected will do something in return. Another big great chance for Russia and China to shift the power towards them. As normal people, we will suffer the most till something really grave happens to stop the madness.

Goodbye my PC hobby, I will see you next decade xD

 

[The Talking Tech]

actually, we never fixed what lead to the 2009 financial crisis and I've been watching them put bandaid after bandaid on the economy for the last 30 years. I have no problem saying that Trump or most US voters are fools, but this house of cards was coming down eventually. I'd rather it fall a few decades before I retire rather than in my retirement so I have time to repair the damage that my retirement accounts are going to take.

I'm sure that "house was of cards" would have lasted way after your retirement...the United States as well as China always have found a way to maintain their act as long as someone stupid like Putin or Trump doesn't get on the way of the bigger minds.

 

[yRaz]

I'm sure that "house was of cards" would have lasted way after your retirement...the United States as well as China always have found a way to maintain their act as long as someone stupid like Putin or Trump doesn't get on the way of the bigger minds.

ahh, yes, the whole "worry about it later, make it someone else's problem" solution. After 50 years of the US kicking the can down the road and being fairly certain about social security not being there for me, I am VERY worried about my retirement. If trump can knock 20% off the stock market in a day imagine what the end of social security will do to it.

 

[The Talking Tech]

ahh, yes, the whole "worry about it later, make it someone else's problem" solution. After 50 years of the US kicking the can down the road and being fairly certain about social security not being there for me, I am VERY worried about my retirement. If trump can knock 20% off the stock market in a day imagine what the end of social security will do to it.

I have news for you, the entire World has a retirement issues for generations before us and it has never gotten any better no matter the revolutions no matter the liberations Russia and Germany are perfect examples, there will always be retirement setbacks sadly the best solution is to smartly work around it and not pull a "Trump" card in the entire country in which only benefits the rich.

 

[yRaz]

I have news for you, the entire World has a retirement issues for generations before us and it has never gotten any better no matter the revolutions no matter the liberations Russia and Germany are perfect examples, there will always be retirement setbacks sadly the best solution is to smartly work around it and not pull a "Trump" card in the entire country in which only benefits the rich.

If only the rich benefited from this kind of thing then Musk wouldn't have been publicly freaking out about Tesla plummeting in price and having to sell stock to pay back all the loans he made against his assets in order to avoid paying taxes.

I find it funny how anti-capitalist the left is and then when Trump does something anti-capitalist it's suddenly a bad thing.

 

[candle86]

Well it seems like the rumor that GPU price will increase a lot in June would become true quite early. Trade war will escalate cause every countries who are affected will do something in return. Another big great chance for Russia and China to shift the power towards them. As normal people, we will suffer the most till something really grave happens to stop the madness.

Goodbye my PC hobby, I will see you next decade xD

this is horrible news for China, they just lost their biggest export customer, at the end of the day this is good news for the United States, we need jobs back in the States for American's, we've spent the last 80 years making every other country but our own a priority. That socialized medicine that Canada and Europe enjoys, you afford it because America took care of your national defense so you didn't have to, all the massive breakthroughs in the last 50 years we shared with the rest of the world instead of using it to our advantage, and what has America gotten out of this deal?

Toxic kids toys from China that posion our children, low cost MSP shipping our jobs over seas to call centers in India, Vietnam and the Phillipines, taking those same jobs from Americans. Lumber Mills closing as after 1994 Canada dominated the lumber trade, we sold the Future of the American dream for globalization but it got us nothing, there is no American dream for my Kids, its dead we sold it to pay for every other countries dream. I'm thrilled we are reclaiming our destiny, and I can't wait to watch the rest of the world suddenly have to provide for themselves.

And this in no way helps the rich, the rich are who to save $5 will fire an entire staff in the states and rehire in Vietnam, who will send a factory to Mexico to keep an extra 3 cents per car. This hurts the rich, because the market won't bear these costs alone thats why Target and Walmart have already told suppliers your paying the tariffs or we just wont stock your stuff

 

[scavengerspc]

Yeah, could. Or could not. That's a pile of speculations.

It's not speculation when there is history.

Trump Tariffs Failed To Improve U.S. Trade In His First Term

With Donald Trump threatening strict new tariffs, an assessment of the impact of his protectionist policies in his first term shows mixed results.

www.forbes.com

The false things Trump said about tariffs during his announcement

 

[FF222]

what you consider a "fake economy" was good enough for generations for people to have stable jobs, and food on their tables.

It only worked because
1. the rest of the world was exploited (of their work and their resources)
2. the rest of the world were living at standards what is considered middle-age in the Western world
3. the inherent flaws in the system were masked by the economic explosion of the information age

However, now that
1. the rest of the world is not easily exploited anymore,
2. the rest of the world has mostly caught up in living standard, or at least expectations of that
3. there's no explosion in efficiency anymore

the inherent flaws and limitations of the system become apparent.

All of Trump's actions can be summarized as
1. an attempt to bully the rest of the world into exploitation
2. an attempt to prevent the rest of the world (and also most, but the rich people in the USA) from catching up in living standards,
3. the result of his inability to grasp even basic economic and societal concepts.

 

[Pwnjuice]

I try to post facts and I get this error.

Your content can not be submitted. This is likely because your content is spam-like or contains inappropriate elements. Please change your content or try again later. If you still have problems, please contact an administrator.

 

[FF222]

Everything is fine, buy American it's that simple I am doing that. I can live without overpriced European garbage, or chinesium products.

You actually can't live without European, Chinese and Rest-of-the-World (RoW) products - and you'll learn that soon the hard way. You'll still buy both European, Chinese and RoW products (even if only part of products made elsewhere) - you'll just be able to afford less of them. Even if you'd buy American-only products (which are virtually non-existent) you'd still be able to afford less of them.

 

[wiyosaya]

"Luckily Trump is only here for 1 term" - from the looks of things, Trump will try to change the constitution to allow a 3rd term.

He may try, but it is highly unlikely that it will happen. By then, no one, even die-hard magas, will want him in office anymore.

 

[wiyosaya]

A total uncontrolled collapse just because "reasons" is not what you want. And yes, Trump is definitely at fault. This is much worse than his first time at the office. Last time he didn't manage to completely destroy all alliances and didn't turn Russia into an official US ally.

I get the distinct feeling that Putin is afraid of Trump.

 

[wiyosaya]

That is just the beginning, AND my 401k is down to 2015 levels.
The MAGAts had better start dealing with that fool, and quickly.

It's starting - https://thehill.com/homenews/senate...cantwell-bipartisan-legislation-tariff-power/
https://thehill.com/homenews/administration/5230291-trump-approval-rating-dip-poll/

 

[SRB]

The biggest problem I have about this story and the comments is this: You don't think this is going to work, then fine. But most of the comments are more about rooting for this to happen because the orange man deserves it.

The situation is this: We have outsourced making literally everything. To look at the computer case issue, in 2000, we smelted just over 30%of the world's supply of aluminum. By 2020, we lost 15 smelters, and as of 2024 we now have just 2 operating in the country. Why, energy prices skyrocketed by design, as we attacked our energy production as bad, without having a viable solution BEFORE we abandoned what we had. Smelting requires electricity. How did Canada increase so fast? The government subsidized the power companies to cut the smelters electricity prices.

Aluminum is just one of the strategic things we're no longer doing, pharmaceuticals, lithium, cars, etc.

America will lose the next war without a shot being fired, China will just cut us off if we don't surrender.

So given all of that, and what Trump is doing will raise the price of our toys without solving that problem, what exactly IS the solution to our self imposed suicide pact? How about some solutions instead of "anything but that".