Posted on 04/05/2025 9:19:25 AM PDT by Diana in Wisconsin
Not even 24 hours after his party lost a key Wisconsin race and underperformed in Florida, President Donald Trump followed the playbook that has defined his political career: He doubled down.
Trump’s move on Wednesday to place stiff new tariffs on imports from nearly all U.S. trading partners marks an all-in bet by the Republican that his once-fringe economic vision will pay off for Americans. It was the realization of his four decades of advocacy for a protectionist foreign policy and the belief that free trade was forcing the United States into decline as its economy shifted from manufacturing to services.
The tariff announcement was the latest and perhaps boldest manifestation of Trump’s second-term freedom to lead with his instincts after feeling his first turn in the Oval Office was restrained by aides who did not share his worldview. How it shakes out could be a defining judgment on his presidency.
The early reviews have been worrisome.
Financial markets had their worst week since the onset of the COVID-19 pandemic, foreign trade partners retaliated and economists warned that the import taxes may boost inflation and potentially send the U.S. into a recession. It's now Republican lawmakers who are fretting about their party’s future while Democrats feel newly buoyant over what they see as Trump’s overreach.
Democratic activists planned to participate in rallies across the country Saturday in what was shaping up as the largest demonstrations since Trump returned to office in January. “The winds are changing,” said Rahna Epting, who leads MoveOn, one of many organizing groups.
Trump is unbowed.
(Excerpt) Read more at channel3000.com ...
In his first term, Trump’s tariff threats brought world leaders to his door to cut deals. This time, his actions so far have led to steep retaliation from China and promises from European allies to push back.
Traitor talk. You posted it so it must apply to you too. If this is not true then you better start typing now.
Are you on Bill Krystol's payroll?
Yeah? "Economists" also predicted 131,000 new jobs for March but the actual number was 228,000.
Stuff that into your bong and smoke it, Economists.
“Don’t go wobbly on me now, Ronnie.”
“Traitor talk. You posted it so it must apply to you too. If this is not true then you better start typing now.”
Oooo! Is that a THREAT, Keyboard Warrior? I’m SO scared! *SMIRK*
You know I’m all in for Trump. I have no problems with the tariffs. I’ve said time and again that ‘We The People’ need to be PREPARED for whatever Mother Government throws at us on any given day. That means diversity in your investing, and paying ATTENTION to world evens. And THIS is a big one!
I post this stuff so we know what THE AP ENEMY is up to.
WTF? You guys act like this is my first day here!
We all know tariffs are bad. Sometime you have to stop a brush fire with one of your own.
Someone explain to me how importing less foreign made goods causes a recession our country? Seems that it would have the opposite effect.
Pain now, prosperity later. People have the attention span of a gnat.
It's overvalued anyway. It will come back in a year or so. Turn off the damn TV. Now if you are quoting from an article, please throw quotes around it or put it in italics to avoid unwarranted heckling.
Um, sorry. But two things are glaringly apparent re that "race." Once again, nauseatingly familiar, Republicans did not do their job and ensure election integrity. Again, members of the WI Repugnant party (aka RINO) demonstrate their fidelity to the Uniparty by allowing this election to be stolen.
The second thing apparent? The election was stolen by a bunch of criminals.
Doug Deason, a prominent Texas-based Republican donor, said he loves the president’s tariff plan, even if it causes some economic disruption.
“He told us during the election there would be pain for every American to get this ship turned around,” Deason said. “It is hard to watch our portfolios deteriorate so much, but we get it. We hope he holds course.”
JFTR, my post is not aimed at you. It’s aimed at economists. Apologize me much for the confusion.
Yes. I’ve been lying in wait since 2004.
My ‘cover’ is that of a little old Granny who does nothing but tend to her roses and chickens. *Rolleyes*
‘ Someone explain to me how importing less foreign made goods causes a recession our country? Seems that it would have the opposite effect.’
Prices go up. People buy less.
Yeah, but you’re not an economist. We might as well all be Alices in Wonderland.
That would solve everything. :)
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