Summary
Donald Trump’s plan to impose sweeping tariffs on goods from Mexico, Canada, and China is raising alarm among U.S. businesses, which warn it could trigger price spikes and inflation.
Firms in industries like apparel, manufacturing, and food production fear disruptions similar to the last trade war under Trump, when retaliatory tariffs hurt exports and supply chains.
Critics argue tariffs won’t effectively reshore production or reduce the trade deficit and could lead to runaway inflation, economic instability, and consumer cost increases.
Yes, you are right, but given that we are all going to be affected by the decision of a bunch of idiots (even if we are not american), the only thing that I can do is enjoy how their face will get eaten by the leopards.
Sure, we are screwed, but they are too, and so deservingly that I will enjoy their suffering.