• Critical_Thinker@lemm.ee
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    5 days ago

    tariffs can and will be the death knell if he comes back to those original rates.

    No real effects from tariffs have happened yet across the board so the impact isn’t truely felt. Even chinese imports don’t have the tariffs yet because it’s only goods that were on boats after it took effect.

    We won’t see the downstream impact of even 10% tariffs for months. It won’t be until sales slump that people start getting fired and then sales will get even worse…

    • barneypiccolo@lemm.ee
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      5 days ago

      There have already been plenty of real effects from HitlerPig’s tariffs, just not the financial ones. This latest tariff scam, the third one in three months, has eroded the confidence, respect, and trust of the entire world, and it will be YEARS before it returns, if ever.

      • Critical_Thinker@lemm.ee
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        4 days ago

        Yes, but it takes time for people here to realize the effects of that.

        Less travel to the US? Well we’ll start seeing layoffs in holiday destinations… but probably not that hard, yet. As things continue to decline and prices increase it will get worse, and worse, and worse.

        Most of this stuff takes time to ramp up is my point. We still haven’t seen the effects of deporting hundreds of thousands to millions of immigrants in legal status before being arbitrarily revoked, and that will absolutely cause some major issues in all kinds of places. They were paying tens of billions of dollars in taxes per year based on 2022 data and getting no benefits from it. Even the immigration process is not free, you pay for all the workers who touch your case with all the fees involved. I know, my wife is living that. We’re not talking about our lawyer either, literally the filing fees paid to the US.