MovieChat Forums > Politics > Higher U.S. Inflation Thanks to Trump

Higher U.S. Inflation Thanks to Trump

posted 19 days ago by Keelai (36087)
8 replies | jump to latest

Trump has announced sweeping new tariffs on all goods imported from America's three largest trading partners, China, Mexico and Canada.

Trump said the US would impose tariffs of 25% on Canada and Mexico, and 10% on China. Canadian energy faces a lower 10% tariff.
https://www.bbc.com/news/articles/c627nx42xelo

Which will be passed to consumers.

Dummy Trumpites voted for this.

[–] maixiu (2828) 19 days ago

Like many on the left, you're incapable of anything beyond first order thinking.

[–] tvfan (14522) 19 days ago

Excellent, now we wait ... and yes, it can take months or even years for good results.

Good idea to start at a low number so he can steadily increase if/when necessary.

[–] Keelai (36087) 18 days ago

25% is low?

[–] tvfan (14522) 18 days ago

Compared to 100%? ... Yes.

[–] Thaisticks (3277) 18 days ago

He's seeding the electorate for a crushing blue wave in 2026, after which he will be impeached and hopefully thrown out on his gargantuan ass!

[–] tvfan (14522) 18 days ago

How about the J6 and 2020 official investigations where most of the traitors in Congress are indicted.

No More Blue.

[–] MarkPh (1019) 18 days ago

There are no winners in a war and there are no winners in a trade war either.
Tariffs and counter tariffs do just one thing, they increase prices in the importing country, less people can afford to pay the higher prices, demand goes down and the economy shrinks on both sides of the trade war.

[–] chilone (18291) 18 days ago

Pipe down, liar.