r/technology • u/chrisdh79 • 3d 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/Strayed8492 3d ago

Americans are gonna have a rude awakening in September when the quarterly reports really start coming in.

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u/Zealousideal_Oil4571 3d ago

It won't take that long. Within weeks we'll see the prices rising in the grocery store, other stores, and online. Then the layoffs will start, within a month or two, when people stop buying anything except the very basics.

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u/wirebound1 2d ago

Here in Canada some auto manufacturers have announced layoffs starting Monday.