Trump’s aggressive tariff threats seemed effective because markets expected him to back down, but as investors grow numb, the risk rises he’ll follow through, triggering the economic harm his threats were meant to avoid. https://www.japantimes.co.jp/commentary/2025/07/23/world/calling-americas-tariff-bluff/?utm_medium=Social&utm_source=mastodon #commentary #worldnews #donaldtrump #us #useconomy #tariffs #globaleconomy #trading
#Trump’s #tariffs target countries that are major suppliers of a wide range of goods to the #UnitedStates.
For American families, the likely result is higher #prices nearly everywhere they turn — in grocery aisles, at car dealerships, at electronics stores & at the pump.
#economy #prices #consumers#PersonalFinance#TrumpTariffs #idiocracy#USpol #law#Canada#Mexico#China
https://www.nytimes.com/article/trump-tariffs-prices-consumers.html?smid=nytcore-ios-share&referringSource=articleShare&sgrp=p&pvid=B62F2EB0-707F-4418-8A92-3ADDA21FC8D0
… #trading data & economic studies suggest #consumers in the #US will see higher #prices on a products from vegetables & meat to cellphones & cars. While a few companies may not pass on the cost of the #tariff, many are likely to raise prices on their products.
“Because of the combination of these 3 countries, it’s going to be difficult to go down an aisle of a grocery store & not see some sort of inflationary effect,” said Jason Miller, a prof of #SupplyChain management at Michigan State.
#Trump