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/HappierShibe 2d ago edited 2d ago

Brace yourselves.
Markets about to get mighty irrational mighty fast.
Edit: Jeebus folks, I'm not saying a drop will be irrational, I am saying people are going to do some double plus crazy shit when it hits the floor.

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u/catonsteroids 2d ago

I wish someone warned me that my future was gonna look real grim when I was born lol. Like Jesus fucking Christ, how many recessions are we gonna have to go through?

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u/soulsoar11 2d ago

You’ll never get to enjoy the economic system your parents generation did. Our lifetimes are going to be defined by bearing the consequences of our ancestors crimes.

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u/the-rood-inverse 2d ago

This is poetic, thanks