TL;DR

Trump’s trade war, fueled by ego and ignorance, threatens economic chaos. Small businesses, his supposed base, might face the worst consequences.

Story

Trump’s Tariff Tango: A Reality Check

Trump, rattled by retail CEOs, might ease tariffs. Empty shelves and soaring prices loomed, threatening his image.

‣ Tariff: A tax on imported goods.

This echoes past blunders—leaders ignoring experts until disaster strikes (think 2008). Trump’s trade war, like a fragile house of cards, could crumble, hurting small businesses most.

‣ Trade war: When countries impose tariffs on each other’s goods.

Main Street faces the brunt. Mom-and-pop shops, lacking corporate lobbying power, could fold. The irony? Trump’s base, often small business owners, might suffer most from his policies.

This isn’t new. History brims with populist leaders enacting policies that hurt those they claim to help. Like moths to a flame, voters fall for simplistic solutions, ignoring complex realities.

Advice

Don’t trust politicians’ promises. Research policies yourself and look beyond the rhetoric.

Source

https://www.reddit.com/r/stocks/comments/1k6pihz/now_we_know_it_was_retail_ceos_who_got_to_trump/