ChileG
Distinguished Member
- Messages
- 476
His tariff b.s. is already costing homeowners money who wanted to refinance their mortgages and were waiting for the Fed to lower interest rates.A couple of things:
The Trump administration is not going to deport 15 million people. Logistically, that’s just not possible. As they have repeatedly stated, they will start with the 1.3M who have already been ordered to depart but have not done so. They’ll then move to the criminals and gang members. They’ll then focus on the recent arrivals who are burdening our cities and communities. They’re not going to deport everyone’s gardener or Nanny so relax. Plus, the situation is fluid so they can stop at any time if it is determined that it would hurt the economy by reducing the labor force but we have a long way to go before we reach that point.
No way Trump ends up putting 20% tariffs on all goods entering the US. As I think you know, he uses the threat of tariffs as leverage on our trading partners and adversaries. His tariffs will end up being targeted such as the EV vehicles from China.
That is all fucked now. What a genius he is.
He won’t make good on his threats but that is okay because just the threats are causing damage.