Trump’s Tariffs: Hard Realities, Middle-Class Jobs, and Recession Threats

The “hard real­i­ties” with Trump’s tar­iffs, argu­ing they’re essen­tial to force glob­al mar­kets to accept U.S. prod­ucts, though many prod­ucts won’t meet for­eign stan­dards due to lax U.S. reg­u­la­tions on food tox­ins and pes­ti­cides. Trump’s tar­iffs are a way to boost man­u­fac­tur­ing and mid­dle-class jobs, coun­ter­ing lim­it­ed oppor­tu­ni­ties that push kids to the streets. Trump’s exec­u­tive order clos­es the “de min­imis” loop­hole, end­ing duty-free imports under $800 exploit­ed by Shein and Temu, prompt­ing Chi­na to decry trade pro­tec­tion­ism and threat­en retal­i­a­tion. The U.S., long a glob­al finan­cial back­stop, faces a trade war, but Trump holds lever­age, includ­ing a direct line to Xi, to nego­ti­ate peace. Media pre­dict­ed a price hike and reces­sion odds jump­ing to 50%, despite a pre­vi­ous­ly report­ed sta­ble econ­o­my. Crit­ics, dis­con­nect­ed from dai­ly eco­nom­ics, are accused of fear­mon­ger­ing.

• There are going to be some hard real­i­ties on the tar­iffs. You do this or it is game over. The mar­kets around the world are going to open up to our prod­ucts. What you will find out is that our prod­ucts will not meet their stan­dards. We allow things in our food that poi­sons us and our chil­dren. Many coun­tries do not allow the poi­sons in our food and the pes­ti­cides on our veg­eta­bles. Made in USA will come with hard real­i­ties. We allow the poor qual­i­ty of prod­ucts made in Cam­bo­dia. WE have to tear off the bandaid and just do it. 
• What Don­ald Trump is say­ing is that if we bring all this man­u­fac­tur­ing to the US your kid will have a job. Not every­one can go to med­ical school, law school, or even go to col­lege. We go from the top to the bot­tom and the mid­dle class is small. We need to boost our mid­dle class. Now our choic­es are lim­it­ed for the kids and they get out there on the streets. The media can only report on how bad it will be and tax. The exec­u­tive order clos­es the “de min­imis” loop­hole, the cen­tu­ry-old trade law imports under $800 enter duty free as long as they are ship­ping to buy­ers. Chi­na slams US tar­iffs as trade pro­tec­tion­ism. Chi­na and Europe vow stiff response to Trump’s tar­iffs. Trump ends the Chi­na tar­iff loop­hole used by Shein and Temu. allowed cheap goods to enter the coun­try with­out tar­iffs. 
• The US has been pay­ing most of the bills around the world since WWII, but the EU is unit­ing to warn US of coun­ter­mea­sures as trade war heats up. Trump is play­ing so many cards. Trump has a full deck. Chi­na has eco­nom­ic issues that they are deal­ing with, we aren’t ful­ly abreast of their issues because they keep things under wraps. But they don’t need these tar­iffs. They have manip­u­lat­ed the US tar­iffs. Trump has a card, he can call Pres­i­dent Xi. We aren’t afraid of Chi­na. This tar­iff is an impor­tant card to bring peace. The Chi­na Loop­hole has been closed. 
• Avoid the tar­iffs and buy Amer­i­can prod­ucts. 
• What they are telling us is that the dry­er could cost $67 more dol­lars. They are telling you what the price will increase on cars. They are wor­ried that vehi­cles are going to go up $2500. Com­pa­nies don’t make work trucks any­more. 
• On mon­day the chance of reces­sion was at 20%, on tues­day it was at 30%. Now it’s time to use the R word. What they want to tell you is the econ­o­my was in decent shape and head­ing in the right direc­tion, with all the print­ing and spend­ing mon­ey, now there is a 50% chance of reces­sion. 
• They do not know how the day to day econ­o­my works, the law­mak­ers get the tax pay­er mon­ey, the phar­ma mon­ey, the lob­by­ist mon­ey and they don’t under­stand how the econ­o­my works.