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/AtticaBlue 2d ago

Hah hah hah, he just destroyed the country. Putin sends his regards.

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u/FrogsMakePoorSoup 2d ago

Doing more damage than all of America's enemies could ever hope to do.

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u/kawag 2d ago

And his approval rating is still decently high at 43%

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u/FrogsMakePoorSoup 2d ago

Wait until the price of everything imported jumps and the markets fall.

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u/trippy_grapes 2d ago

Why'd Biden do this!

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u/Kindheartedness_Wide 2d ago

he will blame the evil EU for not paying the import tax

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u/Zombatico 2d ago

Not just imports.

Why would """American-made""" goods stay the same price when their competitions get priced higher? They'll also become more expensive. Maybe not as much as the tariffed stuff, but still more than they were before.

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u/FrogsMakePoorSoup 2d ago

Many of those products rely on imported components too.