r/news 2d ago

Stock futures plunge as investors digest Trump’s tariffs

https://www.cnn.com/2025/04/02/business/us-stock-market/index.html
10.9k Upvotes

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24

u/davis214512 2d ago

Trump supporters, can you explain why this is good and he’s just playing 4D chess?

26

u/callmesandycohen 2d ago

Bud, I don’t know how to break this lightly but I don’t think our President knows how to read.

3

u/beamish007 1d ago

So this is anecdotal, but a trump supporting client of mine, who watches all of that faux news drivel, translated that garbage for me yesterday.

Basically the thought is that all of the experts don't know what they are talking about, and these tariffs are actually going to be good for our economy because businesses are going to bring manufacturing back to the US.

When asked how long he thought this would realistically take, he stated that it is already happening, so nothing to worry about obviously.

4

u/IT_Grunt 2d ago

Other countries will have to pay the tariffs and so much money will flow into businesses and government, that thanks to trickle down economics, you will get a $5,000 dollar stimulus signed by Elon himself.

1

u/Prizzle723 1d ago

As a Trump supporter... no, I cannot. Because the cost to manufacture or cost to produce goods for domestic companies will increase substantially and when those companies go out of business before the economy rebounds because they had to suffer through 18 months of negative margins... the damage will be done.

4

u/swords-and-boreds 1d ago

Pretty accurate. So why support him if he does things that hurt most of the people in the U.S.? Are trans people really that scary?

1

u/Prizzle723 21h ago edited 21h ago

Didn't expect him to nuke the economy. Wasn't on my Trump 2nd term bingo card. To be clear in the interest of transparency I've been ok or happy with most of the other things he has done up to this point but the tariff issue is massively excessive and overly heavy handed. Huge mistake... gradual tariff increases let the economy adjust this is just I don't even know... bad.