Hursty I can’t believe this is actually true and hardly anyone is reporting it - the BBC has gone with it - this is the formulae the White House claimed they used - I shit you not

      Hursty I thought this was Trumps way of creating jobs and growth internally, but surely it takes years for companies to achieve this. They don’t suddenly buy US goods and services over night due to tariffs increasing. So will stick the US in a recession for a while I imagine.

      Will he just back track on this in a month or 2 when it’s not working? He does love causing some chaos, and all his chums are prob now investing whilst the economy plummets, and make millions when he reverses all his actions and the economy gets back to normal.

      Or am I completely mis understanding this all?

          Funky: Once you realise Trump is playing 4D chess and the rest of the world’s nations, central banks and economics ‘experts’ are playing chequers, it all makes perfect sense

            Millsy forget the man is the biggest genius on the planet. I will go back to playing tiddly winks

              RichM I think you’ve got it, at least based on everything I’ve read. It’s basically a tax on the working class to fund tax cuts for the wealthy. All of the insider trading and bribes to avoid tariffs for certain industries are just the personal incentives for trump. He’ll throw the US into a recession and the rest of the world is collateral damage, no of which bothers him in the least.

                  303abuser but surely the majority of his voters are the working class who will get fucked over by this. It’s not the wealthy wearing the MAGA caps

                      RichM They are and they’re apparently happy about all of this, at least for now. Not that any of that matters to Trump, he sees the government as another “business” to siphon money from for personal gain. He doesn’t need to get re-elected, whether he retires, dies, or just organizes a more successful coup.

                        I’m sure he’s coming up with another explanation on how tariffs are going to bring prices down for consumers.

                        Along_the_Wire “this is nurmel when you take overhead transactions into account with first time buyers over the course of five surcharges. Easy when you know how. I’ve sunk 40 pounds into an escrow and will watch it grow, I should make £65.78 by 2052 because the tax rate will have haved by 2046 making the markets soluable again. That or the loony left will hide Hunter’s laptop in the bull markets and I’ll lose 13%, either way I’m up.”

                            That’s literally him 😂

                            RichM I thought this was Trumps way of creating jobs and growth internally, but surely it takes years for companies to achieve this. They don’t suddenly buy US goods and services over night due to tariffs increasing. So will stick the US in a recession for a while I imagine.

                            Will he just back track on this in a month or 2 when it’s not working? He does love causing some chaos, and all his chums are prob now investing whilst the economy plummets

                            303abuser I think you’ve got it, at least based on everything I’ve read. It’s basically a tax on the working class to fund tax cuts for the wealthy.

                            With your suggestions of it helping his chums to invest while the economy plummets - this will be sending loads of businesses in places like Vietnam and Cambodia in to an instant major crisis; I wonder if some US companies will be taking the opportunity to buy them at a massive discount, secretly knowing they’ll have a ready-made market in the US again when Trump eventualy lifts the tariffs.

                            Just speculating based on wondering how any of this actually benefits anyone and the reason for that formula. Would fit in to Trump’s tactics with places such as Ukraine, Greenland and Panama of trying to bully other countries in to handing the US their lunch money.