He’s a f—king madman who has no idea what he’s doing or what kind of harm he’s going to cause. Coffee prices will soar and it won’t’t just be Columbian coffee because it will create a greater demand for coffee from other nations. Then you can expect all the importers and retailers to price gouge on top of that. Pressed flowers will become unaffordable as well. Then gas prices will rise because their cheap crude oil will suddenly cost 25% more and again everyone else in the business will see increased demand and raise their prices and price gouge on top of that. Worse, he’s threatening to Jack the tariffs up to 50% for countries that won’t now to his demands.
Tariffs are meant to be used sparingly to stimulate domestic industry instead of relying on foreign producers. They were never intended to be used across the board on every item from a country. The foreign producers aren’t going to absorb a 25% loss in revenue, that’s never happened and likely never will. Prices for American consumers will rise by 25% plus inconvenience fees and price gouging.
Tariffs aren’t a weapon if you think they are you’re just shooting your own citizens in the foot. This is pretty basic stuff. Most people learned this when studying early American history in elementary school. American leaders in the post-revolutionary years imposed tariffs on European manufactured goods such as tools, guns, furniture, machines, etc to end reliance on imported goods while stimulating American manufacturing and turning us into an exporting nation.
Trump’s sole college degree is a bachelor’s in economics. This dumb ass should know how this works. He the densest mother f—ker alive and is completely incapable of being taught anything. Further he’s suffering cognitive decline due to mental illness and is a raging drug addict on top of that. Coke as an upper and Adderall to come down. His shadow president, Elon Musk, ironically only has a bachelor’s degree as well and surprise it’s also in economics. He should know better but also is suffering from mental illness and the consumption of mass quantities of Ketamine. Two moronic drug addicts.
The Republicants who should be advising Trump aren’t the best and brightest either. Nearly all of them haven’t gone beyond a bachelor’s degree and they certainly didn’t major in anything that would be useful in managing a large country with the largest economy on the planet. They are trying to run a government based on sound bites and talking points they picked up from the uneducated hosts of Fox News and Fox Business.
Once countries get burned by Trump’s tariffs they will seek out trading partners in Russia, Asia, the Middle East, and Africa. Once a trading partner leaves they almost never return. We’ll be forced to seek out more expensive trading partners who will be very cautious dealing with an unreliable USA. Further Columbia will stop cooperating and sharing intelligence in the war against the narco terrorists. Politically all these nations Trump alienates will realign their political goals with BRICS which is growing as an alternative trade and policy for nations not aligned with the Western and first world states. This is an economic and foreign policy disaster that will ripple through the world for decades to come. Trump isn’t just going to crash our economy but likely cause a worldwide depression, or at least recession. When the US catches a cold the rest of the world sneezes.
THIS IS NOT NORMAL AND ITS NOT EVEN RATIONAL.
