The Forum > General Discussion > Trump's Tariffs
Trump's Tariffs
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Donald Trump has by imposing massive tariffs against the rest of the world attacked the foundations of world capitalism. In days trillions of dollars have disappeared from stock markets, investors have lost big time, an economic war has begun. There is now every likelihood that a world recession will develop, forcing millions more into poverty, all thanks to what many experts describe as "madness" on the part of Donald Trump. Is no one safe from the danger that is Trumpism!
Posted by Paul1405, Thursday, 10 April 2025 4:50:57 AM
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A repeat of the bollocks found in the mainstream media.
Donald Trump is trying to give back jobs to the American rust belt, whereas Europe - and Australia - are hanging workers out to dry by handing the industry over to China. Donald Trump came to power promising to fight against the tide of decline, and he gave America’s allies, including Australia, plenty of warning as to what he intended. If America is not restored to being the richest, most powerful country in the world - which it was until the Democrats got hold of it - it's curtains for an Australia which cannot defend itself alone. There is no such thing as “free trade”; only a platitude of diplomats while working-class industries collapsed and wealth creation moved offshore. Posted by ttbn, Thursday, 10 April 2025 7:54:25 AM
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And it's working. 50 countries begging to meet Trump. Some have even offered to drop all their tariffs against America to continue trading with the US that they have ripping off for years.
Posted by ttbn, Thursday, 10 April 2025 8:14:24 AM
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"And it's working. 50 countries begging to meet Trump. "
Not true. Its 70 countries. Australia among them. Expect to see Australia suddenly, miraculously, find out that the quarantine measures against US beef aren't required any longer Posted by mhaze, Thursday, 10 April 2025 8:49:12 AM
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STOP PRESS.
= = = = = = = = = = Trump has delayed the tariffs while he negotiates with the 70 countries begging to be allowed to rethink their anti-trade policies. Well actually 69 countries. China is being hit even harder while the rest of the world move on and seek to reach accommodation with the new America-First regime. Art of the Deal. Posted by mhaze, Thursday, 10 April 2025 8:55:00 AM
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You're right to sound the alarm, Paul.
Trump’s latest tariff stunt isn’t a one-off - it’s part of a consistent pattern that began in his first term and has only worsened now that he's back in office. His first-term trade war with China hurt American farmers and consumers so badly that the government had to spend billions in damage control. He slapped tariffs on allies under the pretence of "national security" - even when his own Defence department disagreed. And let’s not forget the unpaid-for tax cuts that ballooned the deficit with no structural benefit to the average worker. These aren’t strategic moves - they’re the actions of someone who simply doesn’t understand how global economics or basic governance actually work, and whose only playbook is bullying. This is a man who, if you put him on stage right now, couldn’t explain exactly what a tariff is or how they’ve historically worked. He couldn’t tell you the responsibilities of the three branches of government, or what the Attorney General is actually for. And while that might be excused if he were simply a political outsider, it’s harder to forgive when his business track record is just as catastrophic. The guy is a failure on every level. The only success he ever enjoys is that which can be scraped together temporarily through sheer force of ego and the dark triad of personality traits. This is ignorance with executive power, and yet, because of the blind loyalty of what is now very clearly a cult following for many, we’re all being dragged along for the ride: http://www.facebook.com/watch/?ref=saved&v=1847346649352037 ---- ttbn, Bold claims, but Trump’s promises don’t match reality. Manufacturing growth slowed during his first term, even before Covid, and his trade war triggered billions in bailouts for the very workers he claimed to protect. Trump SAYS countries are ‘begging’ - but as usual, there’s a wide gap between diplomacy and the dramatic movie playing in his head. Trump’s own businesses outsourced jobs and used Chinese steel. Protectionism based on gut instinct isn’t strategy. Destabilising markets with slogans and ego isn’t the answer either. Posted by John Daysh, Thursday, 10 April 2025 9:08:28 AM
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