Next scheduled rescrape ... never
Version 1
Last scraped
Scraped on 17/04/2025, 04:37:03 UTC
I don't understand politics well, but I already understand that Trump is bad for the world. He started the tariff war on purpose. He paused the tariff for 90 days, but the world will suffer.
He is mostly delusional which is the reason for these weird actions. He imposed those tariffs on a lot of countries thinking the US economy will either not suffer or the damage would be minimal. The on Monday when the US markets opened, they all crashed hard which was expected by everyone except delusional Trump team so he had to back off and "pause" them! Specially after his oligarch supporters had their net worth decreased due to the dumps started pressuring him 
And you are right, unfortunately all these "wars" is going to make the world suffer and the regular people and the middle class is the first to carry that burden.
According to some reports, since the tariff war broke out until the second week of April, the US stock market has evaporated more than $9.6 trillion.
Businesses and billionaires in the United States have suffered heavy losses, and notably Elon, Trump's closest ally, has lost more than $135 billion.
https://www.forbes.com/sites/petercohan/2025/04/06/stocks-lose-96-trillion---how-to-limit-the-next-plunges-pain/
What's more interesting is that Trump has repeatedly said that the US will collect more than $2 billion in tariffs per day with his tariff plan, but in reality, CBP says the US only collect $500 million per day.
https://www.cnbc.com/2025/04/16/us-customs-tariffs-revenue-generated-since-april-5.html
No one wins in a trade war and the more it escalates, the greater the damage to the economy, and the United States is not immune. They may even be the economy that suffers the most damage.
Original archived Re: US-China economy war + radical Trump = higher inflation + interest rates + war
Scraped on 17/04/2025, 04:31:40 UTC
I don't understand politics well, but I already understand that Trump is bad for the world. He started the tariff war on purpose. He paused the tariff for 90 days, but the world will suffer.
He is mostly delusional which is the reason for these weird actions. He imposed those tariffs on a lot of countries thinking the US economy will either not suffer or the damage would be minimal. The on Monday when the US markets opened, they all crashed hard which was expected by everyone except delusional Trump team so he had to back off and "pause" them! Specially after his oligarch supporters had their net worth decreased due to the dumps started pressuring him And you are right, unfortunately all these "wars" is going to make the world suffer and the regular people and the middle class is the first to carry that burden.
According to some reports, since the tariff war broke out until the second week of April, the US stock market has evaporated more than $9.6 trillion.
Businesses and billionaires in the United States have suffered heavy losses, and notably Elon, Trump's closest ally, has lost more than $135 billion.
https://www.forbes.com/sites/petercohan/2025/04/06/stocks-lose-96-trillion---how-to-limit-the-next-plunges-pain/
What's more interesting is that Trump has repeatedly said that the US will collect more than $2 billion in tariffs per day with his tariff plan, but in reality, CBP says the US only collect $500 million per day.
https://www.cnbc.com/2025/04/16/us-customs-tariffs-revenue-generated-since-april-5.html
No one wins in a trade war and the more it escalates, the greater the damage to the economy, and the United States is not immune.