Could be a net positive long-term… Short term most definitely will suck. Yay another hit!
7 months ago | 3
Tariffs will raise prices, but waffling on whether to actually start will affect markets and maybe prices just as much.
7 months ago | 1
Any "SMART" person in business should know this is gonna increase prices. It also affects the market temporarily, as well as increasing inflation, etc.
7 months ago | 3
Need to add a new one: Prices will go up a bit in the near future, but it'll be worth it for the country in the long term
7 months ago (edited) | 21
Tarriffs will create jobs because any products or services that are now "too expensive" will have to be sourced from inside the U.S. leading to opportunities for new business.
7 months ago | 2
Tariffs DOES NOT CAUSE SYSTEMIC INFLATION. OVERPRINTING OF MONEY CAUSES SYSTEMIC INFLATION. Tariffs only affects SPECIFIC GOODS FROM SPECIFIC PLACES THAT ARE BEING TARIFFED FOR A SHORT TERM. AND TARIFFS CAN BE REMOVED ANY TIME. PEOPLE NEED TO CALM THE F DOWN. Pardon my language.
7 months ago | 5
I'd prefer to call it price gouging since this isn't really inflation in the sense money is worth less.
7 months ago | 1
This is like asking. If you put Gasoline on Fire. Will it Burn more. Like REALLY? Bro we’re in a depression…
7 months ago (edited) | 0
The US “made America great” before with a 90% tax rate and social programs that added to the middle class before. It can do this again but not without change. Wall Street and corporations need more rules to reinvest in workers and increase their pay, increase hourly wages and universal health care. This will keep the markets growing and is nearly a zero sum game … except for the billionaires
7 months ago (edited) | 5
I think we're heading into a recession anyway with the reduction of government spending. So prices may actually come down some. Note, that most of the growth since the GFC came from deficit spending.
7 months ago (edited) | 2
Marko - WhiteBoard Finance
📊 POLL: Do You Think Trump’s New Tariffs Will Make Inflation Worse?
Trump’s latest round of tariffs is stirring up a lot of debate. Some say it’s necessary to protect U.S. industries, while others worry it’ll drive prices even higher. What do YOU think?
Vote below and let’s talk in the comments! 👇
🎥 Catch the full breakdown in my latest video for all the details here: https://youtu.be/-dJAoF3KAZM
7 months ago | [YT] | 42