Do you think Trump's tariffs will cause a recession or depression?

[Anonymous]

[purplepoppy]

Some economists are predicting a 65% chance of global recession. Even if their wrong it'll be years before America is ever trusted again

[DrPepper12]

Likely never again

[Razp_Sorbet]

Let's just say billionaires are going to be much better off...

[Still-alive]

especially the top of the top billionaires like beezos and zuckerberg

[Razp_Sorbet]

@Still-alive well duh they're licking 🍊's 🍑

[Dargil]

They may or may not cause a blip in inflation but it won't last and then prices will begin to come down.

[DrPepper12]

So businesses will pass on these savings to their customers instead of padding their own profits?

[DrPepper12]

Recession. The retaliation tarriffs will cause the depression.

[combative]

Not in the US. Other countries will get crushed if they make the wrong choices.

[Asker]

I don't think you know anything about anything

[combative]

It doesn't matter what you think. The data from Trumps tariffs in his first term already prove my position.

[combative]

Under Trumps first term tariffs, Americans benefited from price reductions in some sectors, and stable prices with normal inflation adjustments in other sectors.

[combative]

Employment figures improved, wages rose, and GDP rose. It wasn't until the orchestrated supply shocks of the covid scam that we started experiencing real damage to the economy.

[combative]

Meanwhile the Euro zone and China are projected to eat shit. Watch and learn...

[pacificopete]

Apple has committed to investing half a trillion dollars in the US because of Trump's tariffs. It won't happen overnight but this is going to be huge for America.

[exitseven]

Noit will be back on track soon and once the new Trump economy gets going it will make new records.

[DrPepper12]

Define soon & get going & new records

[exitseven]

@DrPepper12 today over 70 countries have called the White House to negotiate, some have agreed to zero zero tariffs. The Dow went up 1400 points.

[DrPepper12]

1 according to who? The liar in chief?

I was surprised tbh

[exitseven]

@DrPepper12 I saw it in the fake news AP but it was all over the news.

[RedInnocent69]

Yeah, they will cause a recession and inflation

[SmokinAces2000]

I guess we have to wait and see

[seeyounexttuesday]

It will cause a much needed adjustment.

[DrPepper12]

Recessions are needed?

[seeyounexttuesday]

@DrPepper12 Unfortunately a recession is one of the only things that brings down prices from an inflationary period (thanks Biden!). The market volatility drives people to the treasury markets and that along with an interest rate reduction will allow the US to refinance $9 trillion in debt at a lower rate.

[DrPepper12]

Did you hit your head?

[seeyounexttuesday]

@DrPepper12 I understand you’re a teacher so you don’t understand the economy.