Trump Tariffs has Countries ready to retaliate?

Thebrownblob

Well-Known Member
If only we were only talking about tariffs on China.



2008 Bernie probably wasn't talking about a 10% base tariff on all imported goods and making up percentages that other countries tariff our goods at to tack additional tariff percentages onto that.
Sounds like he was talking about doing exactly that I’m not sending our jobs overseas.

China will be hurt much more than we will if they wanna play this game. or they’ll just start a real war.

Dear China.

When you have a massive trade SURPLUS...

You lose in a trade war.
 
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Over70irregs

Well-Known Member
CNN's live feed:

Jerome Powell warns on Trump’s tariffs: High inflation could be here to stay

"Inflation is likely to pick up because of President Donald Trump’s sweeping tariffs, and could remain elevated, Federal Reserve Chair Jerome Powell said Friday.

“We face a highly uncertain outlook with elevated risks of both higher unemployment and higher inflation,” he said in prepared remarks at an event in Arlington, Virginia. “While tariffs are highly likely to generate at least a temporary rise in inflation, it is also possible that the effects could be more persistent.”

Powell’s latest comments, his most vivid yet on the subject, come just days after the Trump administration unveiled the sharpest ever escalation in US tariffs on data going back 200 years, Fitch Ratings told CNN. The measures are even steeper than the expansive tariffs deployed under the Smoot-Hawley Act of 1930.

A 10% tariff on all US imports will go into effect Saturday, with even higher tariffs slated for April 9.

The Fed chief said the central bank’s best move amid Trump’s chaos is to keep rates on hold for longer. Fed officials convene again to set interest rate policy on May 6 and 7."
Another 1.5 T gone today. Reg guys cannot make that up. This tariff thing is for the elites
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Box Ox

Well-Known Member
Too much unpredictability going on for him not to.
It’s really not that unpredictable. They will all eventually renegotiate..


We'll see.

After Israel fails to win reprieve from Trump’s tariffs, how hard will economy be hit?

"Israel was not spared from US President Donald Trump’s sweeping decree to impose levies on global imports and was hit Wednesday with a 17 percent tariff on products exported to America. This, despite Jerusalem’s blitz action a day earlier to lift all remaining duties on US imports, in a last-minute attempt to preempt the move."
 
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