Summary
Donald Trump lashed out at China for retaliating against his new tariffs, calling the country the “biggest abuser” of U.S. trade.
After Trump imposed an additional 34% tariff on Chinese goods, China responded with its own 34% tariff on U.S. products and suspended key imports.
Financial markets in both countries plunged, with U.S. economists warning of a potential recession.
Despite backlash, Trump defended his strategy, urging the Fed to cut rates and calling the tariffs a path to long-term gain. Critics warn of global economic instability and rising protectionism.
“W-when I specifically asked you not to…?”
Trump is incredibly weak. It blows my mind that anyone looks at that slug and sees anything other than a despicable, pathetic cretin.
We live in a completely different information environment than Trump fans.
Spend some time watching the MAGA media ecosystem, and you can see why people hang on his every word. I blame them, influencers profiting off MAGAland, more than any supporter consuming it.
Spend some time watching the MAGA media ecosystem
I have. I have family, some of whom I lived with during some of the MAGA years.
He’s no less pathetic there.
At some point, you have to accept that people legitimately love the bullshit spewing out of his mouth. The people who go to his rallies and watch him live, no intermediaries, fall over themselves with adoration.
I’ve watched fox news try blame a crash 1 day after tariff announcements as somehow Biden’s fault. Not a very convincing argument for why i shouldn’t blame Trump for thousands of dollars in personal investment losses.
Am i missing some step, like turning off my brain? Will I then be able to happily vote for someone who is personally fucking me with almost surgical precision?
You’re just a totally different base than Fox’s. They’re telling viewers want they want to hear, which has always been this, for decades. They have to, as otherwise they’d switch channels and lose engagement blaming non-liberals for anything.
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Did Trump dressed in his costume even say “thank you” “please” or “Xia Xia Ni” after telling china not to retaliate?
Wǒ qǐngqiú nǐ bùyào bàofù, xièxiè.
The American arrogance is overwhelming. Presenting trade deficit as reason for tariffs, and then threaten other countries if they “retaliate”.
Just die already.
Please don’t equate what Trump does and says to “The American arrogance”
Please and thank you
Yeah, its just half the country.
What did he expect to happen?
That’s like complaining about someone punching back after you sucker-punched them.
Worse, it’s like complaining about someone punching back in a boxing ring during a fight that you scheduled months ago. And you’ve been shit-talking the opponent for decades.
when trump plays tennis complains the other person sends the ball back
“I’m gonna punch you cuz you upset me and then we’re gonna be done, so don’t punch me back!”
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Trump showed up to a war of wits completely unarmed.
Trump defended his strategy, urging the Fed to cut rates
Look, I’m not an economist. Nor do I pretend to have anything more than a YouTube education on how a country responds to interest rate shifts.
But wouldn’t the fed cutting the rates plunge us directly into an immediate recession and worsen inflation? I mean, the fed cutting rates during COVID led to the inflation we’re now seeing, right?
Didn’t the fed cut rates way before COVID as well, and then after COVID they cut it way down to nothing?
That’s part of the reason for the housing crisis- in order to correct, when rates went way up, no one is giving up their (relatively) low payment, their actually low interest rates; even if they’re gonna spend all their gains on a new place they’ll still have to pay a large markup on whatever’s left over (if they can even find a place because inventory is like 1/4th what it normally is, mostly estate sales and poor condition, etc)
Get ready for World War season 3. Starring Tariff Trump. https://www.investopedia.com/articles/markets/022516/economic-conditions-helped-cause-world-war-ii.asp
People don’t seem to appreciate how many instigators of WWII are also happening right now.
US lands pretty much came out of WW2 untouched except Pearl Harbour, so US grew rapidly while rest of world has a lot of rebuilding to do.
Warmonger Trump is now replicating that and so repeating history to start WW3. From forcing Ukraine to surrender to russia just like how Czechoslovakia was forced to surrender to nazi Germany and now Trump is pushing every country into protectionism trade wars.
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On the other hand Trump haven’t forbidden Ukraine to fight back on their own(yet). Which is what west did to Czechoslovakia.
Ha if he manages to get a rate cut in addition to his insane tariffs the USA is going to long for the inflation of Biden’s term.
Republicans use rape language so casually, they make me want to puke.
