Donald Trump against the World - The Trade War thread

Ohene

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I think its worth having a thread just for this

The tariffs are starting tomorrow (for now) and the market is finally starting to take it seriously. This is some self-destructive shyt that Trump is doing. How do my American brehs feel about this? Inflation will rise, yet both nations will go into a recession, unemployment will spike, and rate cuts might be forced. It's gonna be an absolute tornado of fukkery
 

IIVI

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These things are going to be absolutely brutal because it basically means that the U.S may not be able to use rates to fight a recession. So what can they do?

Plus market in a weird place because you know companies like NVIDIA are A1 and have that game changer tech which is going to be like shovels for the A.I gold rush yet they’re priced are down because rates are high.

This market and government basically purely favors the rich and wealthy right now.
 
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ReasonableMatic

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