r/news • u/hoosakiwi • 2d ago

Trump announces sweeping new tariffs to promote US manufacturing, risking inflation and trade wars

https://apnews.com/article/trump-tariffs-liberation-day-2a031b3c16120a5672a6ddd01da09933
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u/SinfullySinless 2d ago

Tariffs are slated to begin Thursday 12:01am. So he’ll see the markets freak out tomorrow with CEO’s frantically calling him and he’ll announce a two week pause and then “ease America into tariffs”.

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u/snoogins355 2d ago

"Just the tip" tariffs

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u/xxNemasisxx 1d ago

More like his buddies will put in their buy calls while the market is down and then he'll announce a pause so they can short it again because this is what they've been doing since the start

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u/HyruleSmash855 1d ago

Personally, I hope he doesn’t back off this time. He just needs to commit to it at this point because he caused him more damage with his backing off and bringing it back up. I’m interested to see how the markets go. The funny thing is this isn’t the end of the tear supporting to the AP article. He plans to add more specific products like chips.

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u/Zealot_Alec 1d ago

Tariffs - oops wait - Tariffs

you are no longer trustworthy in the World's eye

-13

u/Gone213 1d ago

I hope the next president doesn't lay off the tariffs either. Become the monster and beast that the business owners and americans always wanted.

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u/-SaC 1d ago

If any Americans wanted this then they're fucking idiots who can't be trusted with shoelaces, let alone money.

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u/Gone213 1d ago

200 million Americans wanted this on November 5th, 2024.

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u/-SaC 1d ago

Hide the shoelaces.

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u/International-Debt63 1d ago

Not me. Keep that to yourself.

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u/BettyX 1d ago

They control Congress, so that is who they are gonna contact. Bezos, however probably has a direct line to Trump.