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.

        He’ll call them off and claim some sort of victory or other.

        LT42 😂 you should start an “ask funky” advice column.

          hugopal I’m sure the grift is wide-ranging. His inner circle is probably playing both the short and long markets ahead of every spur of the moment announcement and retraction. I’d also bet that if you could track meme coin funds, there have been carve-outs for specific industries to avoid getting the brunt of the tariffs.

            Trump torching pension valuations and investments. Now where’s that cash ISA.

            May I refer you to one of my favourite books on said topic, written in 1912.

            LT42 “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.”

                RichM but surely the majority of his voters are the working class who will get fucked over by this

                Yes, but he’s an angry white racist like them. That comes before everything else including their own wealth.

                How many piss poor people from khazi council estates in Britain vote for the Conservatives for the same reason? Or will now be voting reform for that reason? Or voted for Brexit for that reason. They’ll happily be poor if it somehow keep the foreigners out. Mild British xenophobia is the only reason the Conservative Party / right wing politics has continued to be a force in this country, it is the reason that turkeys vote for Christmas, not that anyone will ever say it out loud on the TV or radio.

                    I’m not sure who is the worst political commentator on here:

                    Amps ‘Monbiot’ Ampersand or Du ‘Paisley’ Funky. Both make my temple throb and twitch.

                      Amps you are right, plus they are too thick to know they are being impacted right now. But when it hits them in the pocket surely they will then be questioning how great Trump is? By then he will reverse it all and make it look like he is helping them (having made the rich even richer)

                          bosstrabs So… the poverty stricken turkeys who vote against their own possible wealth and interests do so because of Conservative beliefs? Individualism, nationalism, personal liberty, rule of law, a love of free market capitalism?

                              Amps The British aren’t very xenophobic at all, in my experience.

                              Certainly much less so than the Mediterraneans or East Asians.

                              Probably vote Tory because they are tired of absolute left-wing belters going on at them and end up thinking “Fuck me, what if these mad cunts like Amps and Hannu get in and we have to pay for badger sanctuaries and tampons in men’s toilets as well, tax is going up 2p in the pound at least”

                              • Amps replied to this.

                                  RichM there will be a few US businesses that bring chunks of manufacturing back on shore and the Trump regime will then trumpet this from the rooftops while ignoring the inflationary impacts everywhere else. The MAGA mongs will lap all this up of course, safe in the knowledge that Don has their best interests at heart.