We have just announced a trade war with the world


President Donald Trump’s administration said your beautiful economy is there. It would be a shame if there is something It happened Therefore.

This thing, which was announced earlier this week, is a set of universally applied definitions on their face. No sane economy You will support this. Through a mixture of stupidity, incompetence and absolute gangs, the Trump administration decided to impose a series of taxes that encourage blatant corruption, completely failed to encourage American manufacturing growth, leaving people and companies poorer. That is, assuming that taxes are in effect at all.

“This is the most crazy things we have seen so far.”

The central and continuous thing that Trump seems to be misunderstood on the definitions is that They are pushed in the United States by people in the United States. The reasonable person may also remember that he tried them a few years ago in a commercial war, to a negative impact. We have, as a nation, we shot ourselves in your cock. But do not take my words for that! Here are some actual experts:

  • “This is the most crazy things we have seen so far,” Chris Barrett saysProfessor of Economics at the College of Business Administration at Cornell University.
  • “This may be the biggest tax increase for one day and certainly the biggest tariff since the First World War, if not in the history of the country,” he says. Christopher MissernerProfessor of Economics at the University of California Davis.
  • “This is a bad idea and will harm the Americans,” he says. Justin WolfardProfessor of Economics at Ford College of Public Policy at the University of Michigan.
  • “There is a big mistake in this approach so that it is difficult to know where to start.” Paul Crowgman writes.
  • “There will be blood,” The chief global economists write at Jp Morgan. The risk of stagnation this year has sparked 60 percent.
  • also, Stock market bedEstimated at 3.1 trillion dollars in one day. More than 3 trillion dollars decreased the next day, as China announced the retaliatory definitions, to Standard 6.6 trillion dollars decrease In just two days.

There are hints that these definitions are actual clown products. Take Definitions on uninhabited islandsPerhaps part of the trade war on penguins. Or definitions on an island that it occupies in the first place … American military base. Then there is mathematics behind the definitions that Uses a confusing formula This is significantly similar to what Several chatbots spit again If request. The official formula uses luxurious Greek letters that Cancel each other. Financial times – A European version more entertaining than Wall Street Magazine – His translation into “The stupidest scheme you will see today

The United States has shook the confidence of the world, and there are consequences for that

Scott Bessin, the treasury minister, does not seem to know the answers to it Some basic tariff questions When asked about them, such as the reason for the loss of Canada and Mexico from Trump’s large tariff scheme. Pesin also said he was not part of tariff negotiations with countries like China, which is strange, frankly. If the treasury minister is not in the tariff negotiation link, then who is it?

The scenario is the best condition for all this, which is still absorbing, is that this customs tariff-which will be released in stages on April 5 and 9-will be abandoned. Trump was threatening the destroyed customs tariff Mexico, Canada, or Colombia For several months, only to decline in the first sign of resistance. Even Congress members in general View note signs that this is a bad ideaAt least they pay the lip service to restrict Trump’s strength. But this strange trade war, frankly against the trade war, may still be destroyed by the American economy for years, even if the nonsense is not enacted. The United States shook the world’s confidence, and there are consequences for that.

Definitions of any sabotage type. Since companies know that they will pay additional to the elements they import, they are The increase will pass on to Consumersand Especially the poorest. They are likely to search for ways to reduce costs and are unlikely to explode on investments, says Misserr. Consumers likely to do the same thing – reduce spending and adhere to necessities for a longer period than they would have been, at least partly because they know that there is a greater possibility that will be launched if companies trim costs.

Wages are likely to remain the same, even everything costs more

The design of these new definitions inflates all this. It is universal with the minimum tax of at least 10 percent, so companies cannot easily avoid them by moving supply chains around them, as many did during Trump’s first trade war. We may already see disturbances. At nintendo switch 2 Preparation. Advertising Business – Like Meta, Google and Amazon – You are preparing to decline when spendingEspecially from Chinese companies. Expect the price of grocery, clothes and cars in particular To upgrade sharply. China declared a revenge tariffAnd that will make these estimated prices rise worse, and this may be the first among many countries that do so.

These increases differ from the inflation that occurred in the aftermath of Kovid, says players. During that time, the increasing prices meant more money for companies, which could then be used to pay their employees more. But – because again, the definitions are tax – This money will go directly to the Trump administration. So the wages are likely to remain the same, even everything costs more.

Let’s talk for a minute about how to make the economy before the offer. This decrease in consumer confidence preceded the latest tariff announcement. Doug-shooting at non-spread, reducing social services, freezing the previously increasing grants, and generally running in the government-has already shakes consumers. In March, Consumer expectations for the future It was the slightest time in a decade. In particular, people were concerned about their work, which is the type of thing that causes people to reduce spending.

A great amount of economy is just feelings. People feel bad, and the definitions that make them feel bad. This is the type of thing that can turn into stagnation. JP Morgan’s total economist had previously put the risk of recession at about 40 percent. This is not the only bank to do so – S& P Global, Goldman, Barclay, Bank of America and Deutsche Bank agree on it The risk is now much higherAlthough they differ about the extent of height.

These deals are “a way to make people fill you.”

“The economy will perform worse with the customs tariff,” said wolf players. This does not necessarily mean stagnation – it can simply mean slower growth – but some economists, including Misserr, expect one.

The apparent reason behind these definitions is to push the trade deficit to scratch, but this is meaningless. Wolf players say that the trade deficit mainly means that the United States receives many goods and services from a country versus pieces of paper, and that they receive fewer goods and services (and thus give us less paper). Who cares? The economy is not a zero game. Many of us are beautiful and wonderful edge Participants in a trade deficit with freedomBecause they pay $ 7 a month for our exact text products, and we buy things with a zero dollar.

Trump’s supposed goal is to re -manufacture to the United States, but this will not happen either. This requires a less mysterious environment in order for companies to invest in construction here, for one thing. It also requires a working force – and it is not clear why Americans choose to work in making jobs as long as they have other options.

In practice, there are two things that explain these stupid taxes. The first is that the Trump administration is managed by the ridiculous Bozos, whose main qualification for their jobs is that they are men, yes, Donald Trump. The second is that Trump himself Through a gang moodAnd he is looking for influence on every country and actions dealing with the United States. For example, local farmers have been trying, to no avail so far, to get exemptions on tariffs so that they would not get “economically and volatile” to buy more expensive equipment while selling less food abroad, As one of the farmers said. HR On individual countries.

The uncertainty about bribery and exemptions makes this clown actually worse

Parrett says these deals are “a way to make people fill you.” “I am torn if this is not well studied, or whether the uncertainty is part of the design.”

What may one have to do in order to obtain such an exemption? Good, Colombia, Canada and Mexico Examples: give a ridiculous privilege that allows Trump to declare victory with changing anything from the observation. After all, Trump TV has been added Somewhat as long as it looks good on Fox News, it is a victory for it.

But uncertainty about bribery and exemptions makes this clown appear worse. The idea behind the definitions is that in the long run, it allows American companies to compete more effectively by raising prices for foreign goods. This gives American -made goods an opportunity to raise their own prices as well and juice profits. But in order for this to happen, companies have to invest in building things in America-and as we mentioned earlier, uncertainty about the period in which any specific tariff may lead to more waiting and vision approach. Which … Kinda defeats the purpose.

“We have undermined goodwill and government status in the eyes of the world.”

Markets do not like uncertainty. No trade partners. America is likely to be exposed to a mutual tariff, including from our allies, which increases the country’s pain. SMOOT-HWLYY tariff, famous for anyone who reads Nam Dave Barry hereIt was presented in 1930, on a large scale Which exacerbates the great depression. Trump’s tariff Granding than that catastrophBased on illogical mathematics, for example, strikes The average rate of the European Union tariff From about 2.7 percent with 20 percent “mutual”.

Understanding hurts the United States politically. “We have undermined the goodwill and the government’s position in the eyes of the world,” says Barrett. This undermines the dollar k The backup currency of the world One of its important functions of the American political authority, which allows us to borrow money at a cheap price from most other countries. Indeed The value of the dollar decreased After announcing the definitions-to the lowest level in six months against the euro. The US bad behavior here is an incentive for people to move their money elsewhere.

This is similar to watching the train in a slow movement. previously , The Trump administration weakened the dollar By announcing the encryption reserves. He decided to musk from one side Our ability to work as a axis for research and development in the worldAttracting global talents and increasing our economy – in addition, Take the ax To the soft American strength in this process. Congress, which chose to waive the control of spending, It has been effectively marginalized. Now the definitions offer more American wealth and safety. The only real questions are when we will get the explosion, and its size.

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