Summary
Donald Trump’s plan to impose sweeping tariffs on goods from Mexico, Canada, and China is raising alarm among U.S. businesses, which warn it could trigger price spikes and inflation.
Firms in industries like apparel, manufacturing, and food production fear disruptions similar to the last trade war under Trump, when retaliatory tariffs hurt exports and supply chains.
Critics argue tariffs won’t effectively reshore production or reduce the trade deficit and could lead to runaway inflation, economic instability, and consumer cost increases.
I’m sorry for anybody living in the US right now. The only hope is that it will get better, in the far future, when all those billionaires will have transported themselves to Mars. Then you may find some peace, I guess.
So inflation part two orange boogaloo?
Damn, I just wanted a couple years break.
One can only hope. After all, isn’t this what they voted for?
Trumps trifecta could be a blessing in disguise, in that if the GOP continued moving as slow and calculated as they have for the last 50 years, Americans will remain the frogs sitting in the proverbial boiling pot… However if Trump is as insolent and ignorant as he appears to be, his reckless stupidity could insta-tank the economy and send the cost of living through the roof.
Obviously MAGA are too mentally ill to admit they’re mentally ill, but it could shock the other 80 million adults, who stayed home in November, into action.
Likewise, if they move too aggressively with the authoritarian end goal of project 2025, they risk triggering armed resistance and civil war.
Given what we’ve witnessed recently this seems like a lot of misplaced faith in the ability of American voters to make rational decisions.
One trans person will commit a misguided act of violence in a protest against anti-trans laws. All price increases from then on are blamed on transgender terrorist cells targeting the supply chain.
Trump’s Truth Social tariff tirade may be bluster, and Auricchio, at least, is confident there “won’t be a disaster” under a second Trump administration. “Threats during the election time are beyond reality,” he said. “I don’t believe Trump wants to disrupt world trade.”
This just in, a delusional business owner. More news at 11.
But my eggs…
Someone needs to explain to this bloody orange monkey what tariffs are.
The cheaper eggs people are about to find out.
