The trade and economy mega-thread (2 Viewers)

[superchuck500]

Is there a trade deal with China? Is it really a deal or just a pull-back to status quo ante? Is Trump advancing US interests in this well-executed trade battle plan or was this poorly conceived from the start . . . and harmful?

I think the jury's still out, but I haven't seen that the Chinese are offering much in compromise - and it's not even clear if there's going to be an agreement. But it's clear they are working on something and I'm sure Trump will sell it as the greatest trade deal ever. The proof will be in the details.

 

[Neworleansfan]

Now they're getting rid of the people who calculate GDP

https://www.reuters.com/world/us/trump-administration-disbands-two-expert-panels-economic-data-2025-03-05/?utm_source=reddit.com

My guess is so that they can make up whatever they want.

 

[Optimus Prime]

‘I hate to predict things’: Trump doesn’t rule out US recession amid trade tariffs

President downplays recent stock market volatility that followed his ducking and weaving over tariff policy

www.theguardian.com

 

[Neworleansfan]

‘I hate to predict things’: Trump doesn’t rule out US recession amid trade tariffs

President downplays recent stock market volatility that followed his ducking and weaving over tariff policy

www.theguardian.com

Some people tell me that this the biggest recession we’ve ever seen. Such a yuge recession you have, you wouldn’t believe it. Good people, some of the best people too.
They have tears in their eyes and say, sir this is a most beautiful recession ever.

 

[efil4]

Now they're getting rid of the people who calculate GDP

https://www.reuters.com/world/us/trump-administration-disbands-two-expert-panels-economic-data-2025-03-05/?utm_source=reddit.com

We've gone full Russia.

 

[MT15]

Something I hadn’t considered is the monetary consequences of the US electing Trump. He’s destroying decades of good will from the rest of the world toward American products.



The post that won’t show up referenced the following article about Europeans organizing to boycott American brands.

Swedes launch boycott of US goods in response to recent policy shifts

Group members hope the boycott can effectively pressure the US administration, and use the platform to share alternative buying options. #EuropeNews

www.euronews.com