The Trump Administration doesn't understand how much government, consumers and financial markets depend on the global subsidy of low-cost imported goods. They are the foundation of our house of cards economy. Once it topples, removing the tariffs won't put it back together again.
— Peter Schiff (@PeterSchiff) April 2, 2025
By definition, Trump's tariffs will raise less money than expected. Tariffs increase costs for importers, which result in higher prices for the tariffed goods. Lower demand means fewer goods are imported, reducing tariff revenue. The higher the tariff, the larger the reduction.
— Peter Schiff (@PeterSchiff) April 2, 2025
Search for tariffs today vs 2018. pic.twitter.com/z4QA2T4JBP
— Heisenberg (@Mr_Derivatives) April 2, 2025
If a global trade war takes hold, the U.S. will suffer the most 🚨🚨 pic.twitter.com/DnrWLjzKdN
— Barchart (@Barchart) April 1, 2025
Business and consumer confidence is absolutely collapsing due to tariff drama.
Yes we have other economic issues too but I hate to see us shooting ourselves in the foot. https://t.co/WrqveHuVFY
— QE Infinity (@StealthQE4) April 1, 2025
*CHINA IS SAID TO RESTRICT COMPANIES FROM INVESTING IN THE U.S.
🇨🇳🇺🇸 pic.twitter.com/VMRpYyvzWs
— Investing.com (@Investingcom) April 2, 2025
Is Trump's plan to reshore manufacturing already working: biggest increase in manufacturing jobs since October 22, which was followed by a 2 year manufacturing recession. pic.twitter.com/7iyA11BSRr
— zerohedge (@zerohedge) April 2, 2025