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#economic

17 posts16 participants2 posts today
Public
Benjamin Carr, Ph.D. 👨🏻‍💻🧬

How Much Will Trump’s #Tariffs Cost #US Importers?
As companies and consumers will largely bear the higher cost of importing goods, Mr. Trump’s trade policies could come with a large #economic toll. Consumer sentiment has begun to fall, inflation is expected to rise, and global stocks have been plunging. Even Mr. Trump has suggested that his policies could cause a recession.
Nevertheless, Mr. Trump suggested on Wednesday that more trade actions could follow.
nytimes.com/interactive/2025/0

The New York Times · How Much Will Trump’s Tariffs Cost U.S. Importers?By Lazaro Gamio
Public
Madeleine Morris

#Economic and #geopolitical analysts are not usually the greatest communicators. And this guy isn’t exactly stellar either, but his explanation of the #US #tariffs issues, what Trump's foreign policy stances have done to the US, and the cascading effects of both are really clearly laid out in an understandable way. It’s not the most thrilling of watches, but you’ll end up understanding it much better.

youtube.com/watch?v=k7KKE4bVEy

YouTubeDo Trump's tariffs herald the end of the American age? | ABC NEWSBy ABC News (Australia)
Replied in thread
Public
Rob Williamson

@GeofCox @therightarticle

US & UK 1980s was stage 1 of the squeeze out. We're now in stage 4, where the middle class are the only asset holders left that the owner (upper?) class can squeeze.

Once there's nothing left of middle class assets, and they're not even creditworthy any more, the only remaining method of squeeze-out left to the upper class is stage 5 - war against each other for assets. This is basically pre-WW2 history returning.

youtu.be/pUKaB4P5Qns?si=mn3oHk

YouTubeWhy Labour is crushing your living standardsBy Garys Economics
#economic#inequality
Public
Klaus-Gerd Giesen

Given U.S. #consumption is so important globally (two-thirds bigger than #EU consumption!) the #world 's #governments have now few options to counter #Trump 's #trade #war : #state #subsidies to impacted sectors and #economic or #fiscal stimulus to avoid #recession (both triggering higher public #debt ), counter-tarrifs, and new free-trade agreements with other countries. In most cases it will be a mixture of all and reconfigure #global trade flows and #market mecanisms.

Continued thread
Public
Nonilex

After delivering a potted #economic history of the country in which he bizarrely claimed that the #GreatDepression would have been avoided if high tariffs had been in place, #Trump announced that “reciprocal tariffs” would go into effect on April 9th, w/rates of 34% on goods imported from #China, 24% on #Japan, & 20% on the #EU. Some of the highest rates were reserved for export-led developing countries in #Asia: 46% on #Vietnam, 48% on #Laos, & 49% on #Cambodia.
#economy #recession #geopolitics

Public *
🇺🇦 🇨🇦:nonazis: Souviens

And from #Trump, still more wanton #Economic #destruction

#China to impose 34% retaliatory tariff on all goods imported from the U.S."

“China urges the United States to immediately cancel its unilateral tariff measures and resolve trade differences through consultation in an equal, respectful and mutually beneficial manner"

#Crisis #Tariffs #USA #EU #News #Democrats #MAGA #Fascism #Security #Canada #Economy #GDP #Oligarchy #Inflation #USA #History #JobLoss

cnbc.com/2025/04/04/china-to-i

CNBCChina to impose 34% retaliatory tariff on all goods imported from the U.S.Beijing's measures come in the wake of duties imposed by U.S. President Donald Trump's administration earlier this week.
Public
Benjamin Carr, Ph.D. 👨🏻‍💻🧬

Average person will be 40% poorer if world warms by 4C
Experts say previous #economic models underestimated impact of #globalheating – as well as likely ‘cascading #supplychain disruptions’
Australian scientists study suggests average per person #GDP across the globe will be reduced by 16% even if warming is kept to 2C above pre-industrial levels. This is a much greater reduction than previous estimates, which found the reduction would be 1.4%.
theguardian.com/environment/20 #climate #climatechange

The Guardian · Average person will be 40% poorer if world warms by 4C, new research showsBy Graham Readfearn
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