229

Summary

Donald Trump’s plan to impose sweeping tariffs on goods from Mexico, Canada, and China is raising alarm among U.S. businesses, which warn it could trigger price spikes and inflation.

Firms in industries like apparel, manufacturing, and food production fear disruptions similar to the last trade war under Trump, when retaliatory tariffs hurt exports and supply chains.

Critics argue tariffs won’t effectively reshore production or reduce the trade deficit and could lead to runaway inflation, economic instability, and consumer cost increases.

top 23 comments
sorted by: hot top controversial new old
[-] cheers_queers@lemm.ee 84 points 2 weeks ago

it's so blatantly gross that we're only getting these articles AFTER the election. they aren't even trying to hide the fact that they want the voters to be uninformed as possible.

[-] NineMileTower@lemmy.world 43 points 2 weeks ago

Do you honestly think that his voters are reading anything other than memes on Facebook? They aren't reading articles.

[-] Scubus@sh.itjust.works 6 points 1 week ago

"if they could read, theyd be very offended"

[-] Semi_Hemi_Demigod@lemmy.world 16 points 2 weeks ago

Companies can hide price increases behind tariffs and make tons of money. They didn't tell anyone because they want those sweet 25Q1 and 25Q2 profits. After that it's someone else's problem.

[-] youstolemyname@lemmy.world 12 points 2 weeks ago* (last edited 2 weeks ago)

Companies think they can contain the incoming administration. They will not be able to. They played with fire and now are going to get burnt. We all get to burn together.

Shits going to go sideways very quickly.

[-] circuitfarmer 8 points 2 weeks ago

I do not think it would have mattered. The Trump cult is a cult for a reason. He says jump, they ask how high. All while claiming to be free thinkers.

[-] Soulg@sh.itjust.works 2 points 2 weeks ago

There were absolutely articles like this before the election too

One can only hope. After all, isn't this what they voted for?

[-] floofloof@lemmy.ca 26 points 2 weeks ago* (last edited 2 weeks ago)

After all, isn’t this what they voted for?

They voted for sticking it to immigrants and trans people. They don't understand a thing.

[-] GhiLA@sh.itjust.works 6 points 2 weeks ago

I'm stocked up and I can run on fumes. Bring it on. I can't wait to see these pampered little fucks burn in their own hypocrisy and helplessness.

Chaotic good finally gets a day. I can compress my life into a pin prick if it means I get to see some right-winger lose his boat to repossession.

Of course they don't, but I don't care anymore, at this point it's just pure and unadultered schadenfreude.

[-] krashmo@lemmy.world 5 points 2 weeks ago

I'm not German but I feel like that word implies that the observer is uneffected by the situation they are observing. This is going to impact everyone which I imagine will significantly decrease the amount of satisfaction one could get from watching these people learn hard lessons.

Yes, you are right, but given that we are all going to be affected by the decision of a bunch of idiots (even if we are not american), the only thing that I can do is enjoy how their face will get eaten by the leopards.

Sure, we are screwed, but they are too, and so deservingly that I will enjoy their suffering.

[-] WhatAmLemmy@lemmy.world 23 points 2 weeks ago* (last edited 2 weeks ago)

Trumps trifecta could be a blessing in disguise, in that if the GOP continued moving as slow and calculated as they have for the last 50 years, Americans will remain the frogs sitting in the proverbial boiling pot... However if Trump is as insolent and ignorant as he appears to be, his reckless stupidity could insta-tank the economy and send the cost of living through the roof.

Obviously MAGA are too mentally ill to admit they're mentally ill, but it could shock the other 80 million adults, who stayed home in November, into action.

Likewise, if they move too aggressively with the authoritarian end goal of project 2025, they risk triggering armed resistance and civil war.

[-] krashmo@lemmy.world 19 points 2 weeks ago

Given what we've witnessed recently this seems like a lot of misplaced faith in the ability of American voters to make rational decisions.

[-] WoodScientist@lemmy.world 10 points 2 weeks ago

One trans person will commit a misguided act of violence in a protest against anti-trans laws. All price increases from then on are blamed on transgender terrorist cells targeting the supply chain.

[-] limelight79@lemm.ee 20 points 2 weeks ago

Don't worry, I'm sure the Trump administration is gearing up to pin the blame on Obama and Biden. And Harris, for good measure.

[-] pivot_root@lemmy.world 14 points 2 weeks ago

Trump’s Truth Social tariff tirade may be bluster, and Auricchio, at least, is confident there “won’t be a disaster” under a second Trump administration. “Threats during the election time are beyond reality,” he said. “I don’t believe Trump wants to disrupt world trade.”

This just in, a delusional business owner. More news at 11.

[-] DrSleepless@lemmy.world 7 points 2 weeks ago

But my eggs…

[-] ilickfrogs@lemmy.world 7 points 2 weeks ago

Someone needs to explain to this bloody orange monkey what tariffs are.

[-] Grandwolf319@sh.itjust.works 7 points 2 weeks ago* (last edited 2 weeks ago)

So inflation part two orange boogaloo?

Damn, I just wanted a couple years break.

[-] nikaaa@lemmy.world 2 points 1 week ago

I'm sorry for anybody living in the US right now. The only hope is that it will get better, in the far future, when all those billionaires will have transported themselves to Mars. Then you may find some peace, I guess.

[-] capital@lemmy.world 1 points 2 weeks ago

The cheaper eggs people are about to find out.

this post was submitted on 27 Nov 2024
229 points (99.1% liked)

politics

19194 readers
3181 users here now

Welcome to the discussion of US Politics!

Rules:

  1. Post only links to articles, Title must fairly describe link contents. If your title differs from the site’s, it should only be to add context or be more descriptive. Do not post entire articles in the body or in the comments.

Links must be to the original source, not an aggregator like Google Amp, MSN, or Yahoo.

Example:

  1. Articles must be relevant to politics. Links must be to quality and original content. Articles should be worth reading. Clickbait, stub articles, and rehosted or stolen content are not allowed. Check your source for Reliability and Bias here.
  2. Be civil, No violations of TOS. It’s OK to say the subject of an article is behaving like a (pejorative, pejorative). It’s NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
  3. No memes, trolling, or low-effort comments. Reposts, misinformation, off-topic, trolling, or offensive. Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.
  4. Vote based on comment quality, not agreement. This community aims to foster discussion; please reward people for putting effort into articulating their viewpoint, even if you disagree with it.
  5. No hate speech, slurs, celebrating death, advocating violence, or abusive language. This will result in a ban. Usernames containing racist, or inappropriate slurs will be banned without warning

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.

That's all the rules!

Civic Links

Register To Vote

Citizenship Resource Center

Congressional Awards Program

Federal Government Agencies

Library of Congress Legislative Resources

The White House

U.S. House of Representatives

U.S. Senate

Partnered Communities:

News

World News

Business News

Political Discussion

Ask Politics

Military News

Global Politics

Moderate Politics

Progressive Politics

UK Politics

Canadian Politics

Australian Politics

New Zealand Politics

founded 2 years ago
MODERATORS