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USA Loses 6 TRILLION Dollars In 2 Days As Trump Crashes Economy - Politics (2) - Nairaland

Nairaland ForumNairaland GeneralPoliticsUSA Loses 6 TRILLION Dollars In 2 Days As Trump Crashes Economy (1886 Views)

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Re: USA Loses 6 TRILLION Dollars In 2 Days As Trump Crashes Economy by ComradeKunle(m): 10:02am On Apr 06, 2025
helinues:
Trump is gambling with Us economy

He should listen to the financial advisors. Some of his new tarrif are insensitive and wrong timing
Do you have any advice for him? Hurry up ok.
Re: USA Loses 6 TRILLION Dollars In 2 Days As Trump Crashes Economy by Catapault(op): 10:02am On Apr 06, 2025
zero8zero:
Amazing mental slavery, it deserves to be studied.
It was the British that did it to them.

It was comprehensive brainwashing.

And then to make it worse, the country lacked a post-colonial Nkrumah, Kenyatta, Mandela, Mugabe, or Ghadaffi to instil racial pride in them.
Re: USA Loses 6 TRILLION Dollars In 2 Days As Trump Crashes Economy by SalamRushdie: 10:03am On Apr 06, 2025
RichBoy247:
Yes, after the village idiot leaves that seat or reverses his drug influenced policies
You want to charge American goods high tarriff but you don't want them to charge you half of what you charge them ?
Re: USA Loses 6 TRILLION Dollars In 2 Days As Trump Crashes Economy by zero8zero(m): 10:04am On Apr 06, 2025
Catapault:
It was the British that did it to them.

It was comprehensive brainwashing.
I think it is even beyond the British, their own is factory fitted.
Re: USA Loses 6 TRILLION Dollars In 2 Days As Trump Crashes Economy by SalamRushdie: 10:06am On Apr 06, 2025
zero8zero:
Show me one Trump's catastrophic policies that has worked?
Tax rebates are already working

He promised to crash oil prices and energy cost we are already withnessing

Promised to get more investment to America and 6 trillion dollars investment already on course

Promised to cut the cost of governance by 1 trillion dollars and we are almost there in just 90 days .

Give it time and you will see economic wonders in America

Re: USA Loses 6 TRILLION Dollars In 2 Days As Trump Crashes Economy by Catapault(op): 10:07am On Apr 06, 2025
zero8zero:
I think it is even beyond the British, their own is factory fitted.
😆 It’s pathetic.
Re: USA Loses 6 TRILLION Dollars In 2 Days As Trump Crashes Economy by zero8zero(m): 10:08am On Apr 06, 2025
SalamRushdie:
You want to charge American goods high tarriff but you don't want them to charge you half of what you charge them ?
That's not the reason for the tariffs, it was a subterfuge, Illiterate.
Re: USA Loses 6 TRILLION Dollars In 2 Days As Trump Crashes Economy by DeOTR: 10:09am On Apr 06, 2025
RichBoy247:
This one is mentally unstable. Trump
Is fighting homosexuality and nonsensical sex labelling and Muslims are really really happy with that. But the many drug influenced policies he has been running, we will all bring him to his knees and to his belly prostrating
Only a fool will deny the fact that majority of Trump haters are head slammers. Good luck to you on bringing down the president of the free world. It's obvious are sick in the head
Re: USA Loses 6 TRILLION Dollars In 2 Days As Trump Crashes Economy by Catapault(op): 10:11am On Apr 06, 2025
SalamRushdie:
Promised to get more investment to America and 6 trillion dollars investment already on course.
How is it “on course”?

“On course” where?

This guy is regurgitating nonsense from MAGA Twitter while millions of Americans are losing their life savings due to Trump’s tariffs!
Re: USA Loses 6 TRILLION Dollars In 2 Days As Trump Crashes Economy by zero8zero(m): 10:11am On Apr 06, 2025
SalamRushdie:
Tax rebates are already working

He promised to crash oil prices and energy cost we are already withnessing

Promised to get more investment to America and 6 trillion dollars investment already on course

Promised to cut the cost of governance by 1 trillion dollars and we are almost there in just 90 days .

Give it time and you will see economic wonders in America
Lol, see this illiterate. which investments with over 200,000 job losses in 3months and companies downing tools, clown 🤡
Re: USA Loses 6 TRILLION Dollars In 2 Days As Trump Crashes Economy by SalamRushdie: 10:12am On Apr 06, 2025
zero8zero:
That's not the reason for the tariffs, it was a subterfuge, Illiterate.
slowpoke why don't you tell me the real reason for the tarriff since you drew them up ?

The policy is clear ,it's reciprocatory tarriffs ,reduce your tarriff against them and they will reduce theirs ..Some of you are just empty headed nosie makers that don't even try to understand policies
Re: USA Loses 6 TRILLION Dollars In 2 Days As Trump Crashes Economy by grandstar(m): 10:14am On Apr 06, 2025
Saga16:
grin

Who would pick it up?

Until the jobs come back Trump must NOT rescind his Tarriffs .
What jobs come back? The way Trump talks, you'd think the US was suffering from mass unemployment.

The unemployment rate at the end of last year was 4%. That basically means full employment.

So, even if those jobs don't come back, it isn't the end of the world.

And do you thin̈k US exports don't destroy jobs overseas? They certainly do.

Trump, who is an economic illiterate has simply used a sledgehammer to kill a fly.

He has stated he wants to raise lots of revenue through tariffs. He also believes erroneously that the US can standalone, and also feels the world would bow to the US.

Canada has given him the middle finger and many more will follow.
Re: USA Loses 6 TRILLION Dollars In 2 Days As Trump Crashes Economy by SalamRushdie: 10:15am On Apr 06, 2025
zero8zero:
Lol, see this illiterate. which investments with over 200,000 job losses in 3months and companies downing tools, clown 🤡
200 thousand job losses from deliberate govt cuts that will save America 1 trillion dollars annually...the govt is just 90 days in , y'all will come around soon from your weeping and see results...If you don't like the tarriff tell you govt to reduce theirs ..Have you ever complained about 75 percent tarriff your useless country charges you when you import an American car while they charge your country only 5 percent if you want to take innoson there ? Abeg park well
Re: USA Loses 6 TRILLION Dollars In 2 Days As Trump Crashes Economy by Saga16: 10:16am On Apr 06, 2025
grandstar:
What jobs come back? The way Trump talks, you'd think the US was suffering from mass unemployment.

The unemployment rate at the end of last year was 4%. That basically means full employment.

So, even if those jobs don't come back, it isn't the end of the world.

And do you thin̈k US exports don't destroy jobs overseas? They certainly do.

Trump, who is an economic illiterate has simply used a sledgehammer to kill a fly.

He has stated he wants to raise lots of revenue through tariffs. He also believes erroneously that the US can standalone, and also feels the world would bow to the US.

Canada has given him the middle finger and many more will follow.
We are saying the same thing.

I don't want him to reverse his Tarrifs order.

Why any country would trust the USA going forward, beats me.
grin
Re: USA Loses 6 TRILLION Dollars In 2 Days As Trump Crashes Economy by Saga16: 10:17am On Apr 06, 2025
SalamRushdie:
200 thousand job losses from deliberate govt cuts that will save America 1 trillion dollars annually...the govt is just 90 days in , y'all will come around soon from your weeping and see results...If you don't like the tarriff tell you govt to reduce theirs ..Have you ever complained about 75 percent tarriff your useless country charges you when you import an American car while they charge your country only 5 percent if you want to take innoson there ? Abeg park well
Whilst 6 trillion dollars have already been wiped off the stock market.

Your head get oyel so?
Re: USA Loses 6 TRILLION Dollars In 2 Days As Trump Crashes Economy by SalamRushdie: 10:17am On Apr 06, 2025
Catapault:
How is it “on course”?

“On course” where?

This guy is regurgitating nonsense from MAGA Twitter while millions of Americans are losing their life savings due to Trump’s tariffs!
It's just 90 days in , if you follow Trump he predicted all this upheaval since , by 3rd quarter this year water will find it's level and all countries that want to survive will drop their tarriffs ..I trust Trump give it time
Re: USA Loses 6 TRILLION Dollars In 2 Days As Trump Crashes Economy by Catapault(op): 10:18am On Apr 06, 2025
SalamRushdie:
slowpoke why don't you tell me the real reason for the tarriff since you drew them up ?

The policy is clear ,it's reciprocatory tarriffs ,reduce your tarriff against them and they will reduce theirs ..Some of you are just empty headed nosie makers that don't even try to understand policies
Dude, stop embarrassing yourself.

Trump is a liar.

Even that “countries tariffs chart” he showed is a lie.

The calculation system used to reach the figures for the alleged tariffs charged by the other countries was found to be COMICALLY WRONG.

My goodness. You are just a puppet on a string.
Re: USA Loses 6 TRILLION Dollars In 2 Days As Trump Crashes Economy by michlins(m): 10:19am On Apr 06, 2025
SalamRushdie:
He already predicted this reactions to the tariifs a long time ago , they are temporary, once the tarriff benefits take hold everything will be fine
how will tariff benefits take hold?

How long do you think it will take for a factory to be built. Remember that machines for the factories will also be under tariffs. An average factory will take at least six to ten years.

Foxconn has been building their factory since Trump first tenure and they haven't finished
Re: USA Loses 6 TRILLION Dollars In 2 Days As Trump Crashes Economy by SalamRushdie: 10:19am On Apr 06, 2025
Saga16:
Whilst 6 trillion dollars have already been wiped off the stock market.

Your head get oyel so?
Wiped out to where?😅😅 , it will come back by third quarter, just hold your stocks , these are temporary market reaction because they have never withnessed such blanket reciprocatory tarriff response before...
Re: USA Loses 6 TRILLION Dollars In 2 Days As Trump Crashes Economy by Saga16: 10:20am On Apr 06, 2025
SalamRushdie:
Wiped out to where?😅😅 , it will come back by third quarter, just hold your stocks , these are temporary market reaction because they have never withnessed such blanket reciprocatory tarriff response before...
So, retirees are meant to hold on till 3rd quarter?
Re: USA Loses 6 TRILLION Dollars In 2 Days As Trump Crashes Economy by SalamRushdie: 10:22am On Apr 06, 2025
michlins:
how will tariff benefits take hold?

How long do you think it will take for a factory to be built. Remember that machines for the factories will also be under tariffs. An average factory will take at least six to ten years.

Foxconn has been building their factory since Trump first tenure and they haven't finished
The current tarriffs causing problems are not about factories but reciprocation , the idea is to force countries to reduce their predatory tarriffs against US goods and services, the factory tarriff are just for countries using proximity to US market to attract factories countries like Mexico and Canada..
Re: USA Loses 6 TRILLION Dollars In 2 Days As Trump Crashes Economy by Catapault(op): 10:25am On Apr 06, 2025
Re: USA Loses 6 TRILLION Dollars In 2 Days As Trump Crashes Economy by SalamRushdie: 10:26am On Apr 06, 2025
Saga16:
So, retirees are meant to hold on till 3rd quarter?
Retirees will be fine , he is already removing them from taxation, just it it time , this policy will even help Nigerians , imagine what would happen if our customs reduce import tarriff to let's say 15 percent because of this ? It will lead to price reductions in Nigeria
Re: USA Loses 6 TRILLION Dollars In 2 Days As Trump Crashes Economy by SouthSouth1914: 10:27am On Apr 06, 2025
obiekunie01:
Trump already know that all these sabotage and treasonable attacks will surely come.
So he and his team are fully prepared for it.

Trump is hell-bent on cleaning corruption out of American system, stopping the corrupt thieves from siphoning American wealth in the name of funding foreign countries and he will succeed in achieving all he set out to do to make his country truly great again.

Isiah 54:15.
A human without any brain should not quote the Bible. Trump did his first term without questioning anything, his second term is definitely driven by rage and hatred against a lot of things. Hatred and rage isn’t good good business for any arm of government!

By the way, your foolery is on another level.
Re: USA Loses 6 TRILLION Dollars In 2 Days As Trump Crashes Economy by Feldie: 10:31am On Apr 06, 2025
SalamRushdie:
He already predicted this reactions to the tariifs a long time ago , they are temporary, once the tarriff benefits take hold everything will be fine
what would be the benefit?
Re: USA Loses 6 TRILLION Dollars In 2 Days As Trump Crashes Economy by SouthSouth1914: 10:32am On Apr 06, 2025
SalamRushdie:
Wiped out to where?😅😅 , it will come back by third quarter, just hold your stocks , these are temporary market reaction because they have never withnessed such blanket reciprocatory tarriff response before...
You don’t know if these signals would balance against. Trump’s decisions are double edged sword, fix one and destroys another. If he continues in this line, he will totally comatose the entire US markets.
Re: USA Loses 6 TRILLION Dollars In 2 Days As Trump Crashes Economy by Feldie: 10:37am On Apr 06, 2025
Catapault:
The “tariff benefits” are a complete DELUSION.

There are ZERO benefits.

He says he wants to bring back all the factory jobs back to America by imposing tariffs, forgetting why US companies fled America in the first place - the high cost of labour. High salaries compared to taking their factories to China etc.

So when you manage to bring them back and functional in 5 to 10 years’ time (since factories don’t spring up overnight), what will be the cost of labour and wages?

STILL HIGH?

That means INFLATION will be through the roof, as Americans used to buying cheap goods from abroad would now need to pay VERY HIGH PRICES for common items.

Plus the companies will be unable to export due to the high cost of their American-made products! Shoes they made for 3 dollars each in China now cost 20 dollars to make in America. How can they compete?

It’s a ridiculous policy that’s been condemned even by Trump’s own party members and Fox News, his people.
it's not even just the high cost of labor. American dollar is too high. If you move your company to start manufacturing things there, nobody will be able to afford it. This is why despite how rich countries like China, South Korea, Japan, Vietnam, Indonesia are they devalued their currency so that when you produce things there other countries will be able to buy from them. How can Nigerians buy from America when 100k is around 63 dollars? Instead it will be better to buy from Brazil or Vietnam or China. If USA want countries to start producing there they will have to devalue their currency which is what everyone else has done. They don't want to play by the rules but instead want to threaten and bully people
Re: USA Loses 6 TRILLION Dollars In 2 Days As Trump Crashes Economy by SalamRushdie: 10:39am On Apr 06, 2025
Feldie:
what would be the benefit?
If the tarriffs work as intended it would lead to expansion of US exports , global deflation of goods prices ..it's a win for every ordinary person
Re: USA Loses 6 TRILLION Dollars In 2 Days As Trump Crashes Economy by michlins(m): 10:40am On Apr 06, 2025
SalamRushdie:
The current tarriffs causing problems are not about factories but reciprocation , the idea is to force countries to reduce their predatory tarriffs against US goods and services, the factory tarriff are just for countries using proximity to US market to attract factories countries like Mexico and Canada..
you people and making excuses for Trump. So what about tariffs on countries where only penguins exist?

What Trump did was using trade imbalance to impose tariffs
Re: USA Loses 6 TRILLION Dollars In 2 Days As Trump Crashes Economy by Feldie: 10:40am On Apr 06, 2025
SalamRushdie:
If the tarriffs work as intended it would lead to expansion of US exports , global deflation of goods prices ..it's a win for every ordinary person
it's impossible to work.American dollar is too high. If you move your company to start manufacturing things there, nobody will be able to afford it. This is why despite how rich countries like China, South Korea, Japan, Vietnam, Indonesia are they devalued their currency so that when you produce things there other countries will be able to buy from them. How can Nigerians buy from America when 100k is around 63 dollars? Instead it will be better to buy from Brazil or Vietnam or China. If USA want companies to start producing there they will have to devalue their currency which is what everyone else has done. They don't want to play by the rules but instead want to threaten and bully people
Re: USA Loses 6 TRILLION Dollars In 2 Days As Trump Crashes Economy by zero8zero(m): 10:56am On Apr 06, 2025
SalamRushdie:
200 thousand job losses from deliberate govt cuts that will save America 1 trillion dollars annually...the govt is just 90 days in , y'all will come around soon from your weeping and see results...If you don't like the tarriff tell you govt to reduce theirs ..Have you ever complained about 75 percent tarriff your useless country charges you when you import an American car while they charge your country only 5 percent if you want to take innoson there ? Abeg park well
And the American economy is getting badly hit day after day, and it's about to even get worse grin
Re: USA Loses 6 TRILLION Dollars In 2 Days As Trump Crashes Economy by ZombieDredd: 10:59am On Apr 06, 2025
zero8zero:
STFU, as if you don't say worse to Nigerian President, whites slave.
You are perpetually a bitter soul.

Even for talk wey no concern you, you attack like a rabid dog.

Tufia

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