Trump's 'beautiful' tariffs are just ugly taxes on consumers and businesses alike.
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this post was submitted on 05 Mar 2025
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Also Trump: Has anyone seen my tan spray? Sir, you left it in the fridge again. Here. That's not it, that's barbecue sauce!
Look at the Project 2025 document, its supposedly written by the heritage foundation but has a section on building a border wall and doing capital punishment. Its clearly crafted by Trump.
Inside it talks about tariffs, using them to force other countries to lower their tariffs against the US. I assume its meant to force a free trade agreement that is 100% free trade, and not a misnomer like it is now, he wants the massive shock so that country are entirely submissive.
Seems like it's not going according to plan then huh. US opponents are anything but submissive right now. I don't think US has the capacity for a long game.
You think trump is capable of not just coming up with the worst political takes known to man, but also is even aware of that much policy?
I think you give him way more credit than he deserves
Market manipulation. He is also a TV show host, so he is a showman. He likes creating drama.
He is famous for bad management, causing his casinos to go bankrupt. His management style is going to bankrupt US and somehow make him richer.
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Either that or Trump is following orders.
Yeah that’s the conclusion isn’t it
He's following orders but he forgot what they were, too.
It's deeper than that. Putin conditioned the dementia into him, so once the orders are carried out, he forgets
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I don't get the $1200 #... If every component of my purchase goods is 25% higher to the manuf passed to me, shouldn't it be 25% of my annual spend?
25% on top of the old price, for goods not produced domestically. Assuming that's all of them, that'd be 25% of your spend going towards products (Services are part of your spend, but don't get tariffed), indeed. But some things get produced in the US, so I imagine they factored that in there. For the average household, this seems to amount to about $1200/a
Not arguing with you, just want to point out 25% is the new tax but that doesn’t mean the price is only going up 25%.
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Not every good is imported. Not every country has tariffs leveed against it.
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He had the idea to raise tariffs, and he believes all his ideas are really good, so he followed his own good advice and raised tariffs, dead simple.
Just my opinion as a layman: the tariffs give his corporate backers all the excuse they need to jack up prices even higher.
yup, it forces everyone to raise prices, including competitors.
And when he takes the tariffs off, the prices never go back to the original starting point.
Agree, inflation can theoretically increase not only prices, but wages to compensate the increased cost of living, therefore appear as a boomed GDP, bringing the debt to GDP ratio lower without actually reducing debt. Eu, china, Russia all have much lower debt to GDP. Of course in reality inflation is hard to manage once it gets out of hand, and the levels of interest rates don't give enough space for corrections, and the problem of inflation being the reduced consumption leading to a lesser increase of GDP.
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That, plus it seems very likely that he and friends are just manipulating the market to trade on the predictable moves he's causing. Ya know, the kinda stuff that earned Musk some mild hand slaps and theatrical pearl clutching (in addition to giant financial benefits) in recent years.
Playing stupid games.
Market manipulation .... upset the system .. make it dive ... buy cheap ... sell them high
Keep doing this for the next four years until you become king of the world!
Stocks have gone up though. I don't understand it
Because Trump is going to buckle on the tariffs. He will come up with some reason they aren't needed, or they're severely reduced, and he pretends he's the hero in the story.
The MAGA will lick his anus and everyone else will be like "Dafuq old man?"
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