I f***ing LOVE pointless trade wars

WOOOO COMPANIES ARE INVESTING TRILLIONS INTO US ECONOMY AND THOSE INVESTMENTS WILL DEFINITELY NOT SUDDENLY DISAPPEAR THE SECOND A NEW LEADER IS VOTED IN 4 YEARS

They are crashing Biden’s economy in their eyes.

We simply cannot stop winning.

Anyone who voted for him and thinks this is smart should seriously end themselves tonight

They're reportedly looking into a 500% tariff on imported goods from countries that buy Russian oil and gas

Ain’t no way all the big CEOs are happy about this, right?

Yeah like I really have not been able to wrap my mind around how the wealthy oligarchs in this country are happy that their stock prices and wealth could tank if/when we go into a recession

My forth “once in a generation” financial crisis incoming

because trump already has / will in the future cut regulations / laws that cost them money (ie. metas moderation team)

Not to mention the massive cuts on consumer spending from the biggest consumer base on the f***ing planet.

US not the eternal empire it thought it was, surprise

But does that offset their plunging profit margins when people all over the world refuse to spend their tightening savings on consumer goods and non-necessities?

He probably realized how closely integrated our economies are… he would be shooting himself in the foot with them

This comment seems completely unrelated to me — it doesn’t address why the wealthy would like stock prices to plummet and a recession?

The tariffs are not needed in order to give them the deregulation, tax breaks, etc. They’re totally unrelated

the question was "are the wealthy people around trump happy" and i was saying "yes probably because they are going to get plenty of cuts that offset the tariffs"

the tariffs are unavoidable with trump in office, thats a fact at this point, would you not rather be friendly with him and get cuts to help offset? or be unfriendly and just suffer?

im not condoning it, im canadian this s*** sucks, im just stating pretty obvious things i think

Seeing island nations hit with tariffs greater than 10% has got my dying

see my comment above

tl;dr $10 is worse than $20 but better than $0

Better get all of your money out the bank

So are these tariffs then just 100% Trump and everyone around him is just going along with it to placate him with the thought that, yeah, Democrats will probably win in 2026 and 2028 and rescind these silly tariffs, but we’re happy with what we’ve got done and can just ride it out until then?

dude i dont know why you're trying to argue with me about it, im on the same side as you, i have friends who work at honda and ford in canada you think they're stoked about this? lmfao

i was just responding to why some rich people have sided with trump

54% tariff on China is insane.

Increased consumer prices only marginally affect the wealthy, and stock dips are always temporary so they can weather the recession while scooping up winners on discount.

Dammit, I might have to purchase a third Kendrick tour t-shirt to up my investment game.