Good - hire clowns, expect a circus. Trump’s tariff tantrum wasn’t strategy, it was slapstick economics, and now he’s backpedaling like a kid caught drawing on the walls.
they are not stealing money, they are basically stealing US future as leading nation.
Firstly, tariffs are leading to wrong inefficient developments within the economy of a country. means, putting tariffs on everything and doing everything in the US if inefficient or not will firstly lead the US to not be competitive anymore in certain fields, cause surely some other countries do certain things better. Local US markets will for their supply chain have to pay tariffs (cause these are definitely not paid by other countries. they are paid by American customers), which will lead to higher prices, leading to inflation, what will weak the USD.
Secondly other countries since they are also not importing stuff anymore are going to create their own or import from elsewhere. means all the progress made worldwide will be disrupted, also means competencies the US has build up - like software, military technology will be built elsewhere taking away the USP on long term. Look what the EU is doing. They are not buying F35 in future. They are building even their own space rockets.
Thirdly, all the chaos caused by the government is leading to a substantial loss of trust in the US. Other powers will take their chance and emerge. and other countries that have been allies to the US but are treated like enemies and competition will look for new leadership in the world. And the world so far has made the US to what it is, the most powerful nation on this planet. But this is at risk now.
picklerick8879 on April 10th, 2025 at 21:48 UTC »
Good - hire clowns, expect a circus. Trump’s tariff tantrum wasn’t strategy, it was slapstick economics, and now he’s backpedaling like a kid caught drawing on the walls.
scaleman69 on April 11st, 2025 at 01:33 UTC »
The clowns in Congress are stealing from us also.
kalikalipso3 on April 11st, 2025 at 05:49 UTC »
they are not stealing money, they are basically stealing US future as leading nation.
Firstly, tariffs are leading to wrong inefficient developments within the economy of a country. means, putting tariffs on everything and doing everything in the US if inefficient or not will firstly lead the US to not be competitive anymore in certain fields, cause surely some other countries do certain things better. Local US markets will for their supply chain have to pay tariffs (cause these are definitely not paid by other countries. they are paid by American customers), which will lead to higher prices, leading to inflation, what will weak the USD.
Secondly other countries since they are also not importing stuff anymore are going to create their own or import from elsewhere. means all the progress made worldwide will be disrupted, also means competencies the US has build up - like software, military technology will be built elsewhere taking away the USP on long term. Look what the EU is doing. They are not buying F35 in future. They are building even their own space rockets.
Thirdly, all the chaos caused by the government is leading to a substantial loss of trust in the US. Other powers will take their chance and emerge. and other countries that have been allies to the US but are treated like enemies and competition will look for new leadership in the world. And the world so far has made the US to what it is, the most powerful nation on this planet. But this is at risk now.