TL;DR

Trump’s ‘discounted’ tariffs are a chaotic gamble, hurting everyone involved and echoing past economic disasters. It’s a global game of chicken, and the average consumer is about to get cooked.

Story

Trump’s ‘discounted’ tariffs are anything but. They’re a chaotic mess reminiscent of pre-2008 hubris, where complexity masked impending disaster. This ‘chart’—more like a ransom note—slaps arbitrary taxes on everything from Turkish delights to Taiwanese chips. It’s like throwing darts at a map of the global economy, blindfolded.

How it happened? Simple: protectionist rhetoric disguised as economic policy. The ’logic’ is that punishing other countries will magically bring jobs back to America. It’s a fantasy, a placebo for economic anxieties. Remember Smoot-Hawley? This is that, but with Twitter. The impact? Everyone gets screwed. Prices skyrocket, businesses crumble, and the average Joe’s wallet gets lighter. One Redditor panicked, selling all their stocks. Smart move? Maybe. This market is a casino rigged by clowns.

‣ Tariff: A tax on imported goods, making them more expensive. ‣ Protectionism: Shielding domestic industries from foreign competition (usually by making imports more expensive).

This isn’t about ‘winning.’ It’s about who loses less. The lessons? Distrust grand promises, especially from politicians. Diversify your investments. And buckle up—this ride’s just getting started. Remember, in a rigged game, the house always wins. And this time, the house is on fire.

Advice

Don’t trust politicians bearing ‘gifts’ of ‘protection.’ Diversify, and prepare for the fallout.

Source

https://www.reddit.com/r/wallstreetbets/comments/1jpzhje/tariff_chart_released/