hashmander

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The Arsenal
The top five purchasers of U.S. goods exports in 2022 were: Canada ($356.5 billion), Mexico ($324.3 billion), China ($150.4 billion), Japan ($80.2 billion), and the United Kingdom ($76.2 billion). U.S. goods exports to the European Union 27 were $350.8 billion.


The top five suppliers of U.S. goods imports in 2022 were: China ($536.3 billion), Mexico ($454.8 billion), Canada ($436.6 billion), Japan ($148.1 billion), and Germany ($146.6 billion). U.S. goods imports from the European Union 27 were $553.3 billion.


The top five purchasers of U.S. services exports in 2022 were: Ireland ($83.1 billion), the United Kingdom ($80.9 billion), Canada ($69.5 billion), Switzerland ($52.4 billion), and China ($42.2 billion). U.S. services exports to the European Union 27 were $238.6 billion.


The top five suppliers of U.S. services imports in 2022 were: the United Kingdom ($70.8 billion), Germany ($42.0 billion), Canada ($40.6 billion), Japan ($38.5 billion), and Mexico ($37.3 billion). U.S. services imports from the European Union 27 were $166.7 billion.
 

ADevilYouKhow

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got a call for three nines

jj23

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See folks saying Trump is tanking the economy for Oligarchs. In a way he is, but it may be even more simple than that. He needs revenue to continue his tax cuts.

That could be the reason he is doing the craziness.

Tax cuts.
 

Oldschooler

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See folks saying Trump is tanking the economy for Oligarchs. In a way he is, but it may be even more simple than that. He needs revenue to continue his tax cuts.

That could be the reason he is doing the craziness.

Tax cuts.
The economy is not that simple to be honest. It's a well inter connected ecosystem that needs balancing. Sure the tarrifs bring more revenue to the government. Ultimately the government needs to use that revenue for its people and not squander it. Since the Republicans are generally against government control and spending then why are you collecting revenues unless you plan to squander them for another useless war or something completely useless to most citizens.

Inflation will increase and as a result people will demand higher wages. This destabilizes the supply chain and manufacturing as you're in a never ending cycle of high prices and high wage demand. This leads to government having to raise interest rates in hopes of slowing inflation and leads the country into a recession where your population stops spending altogether. Surely if Elon was actually smart he would think about this as his mass produced US product will not be bought.
 

Outlaw

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Buzz City, NC :blessed:
You actually don't give a flying fukk about black people if you think
in terms of "I hope this economic policy OWNS THE MAGATS!!!".

Knowing that a majority of Black Americans still live in "Red states" and overwhelmingly
still occupy positions in the low strata means there could potentially be mass (black) death
from this.

(Going hungry, evictions, closing clinics etc.)
Shut the fukk up
 
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