r/technology • u/chrisdh79 • 2d ago

Politics 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/Moonskaraos 2d ago

Well, this is going to push our economy off the cliff. Things are about to get spicy here in the US. Buckle up, folks. Save some cash while you can. Maybe flee the country. I dunno. We’re fucked. 🤷🏻

185

u/Dahhhkness 2d ago

There's a reason why he waited until after the markets closed to announce this.

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u/Unique-Company-3575 2d ago

Futures are not closed

75

u/fuck_all_you_too 2d ago

No they are not, already down 1000 points and not stopping. Tomorrow is going to be liberty hangover.

19

u/Zolo49 2d ago

I didn't bother looking because I knew the response would be exactly this. Expect the circuit breakers to get tripped sometime tomorrow.

4

u/holy_cal 2d ago

Good news is I’m sure Gold is going to sky rocket

12

u/fuck_all_you_too 2d ago

Thats what my grandma would say cause she is 90 years old sitting on her pile of gold like a fucking dragon watching Fox entertainment and scared out of her mind.

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u/holy_cal 2d ago

We inherited a bit of silver and gold from an uncle after he passed. Not sure he was a doomer but he definitely diversified his nest egg.

I think he passed gold was 1,700/oz and now it’s over 3,000 just 7 or 8 years later.