President Trump has issued blanket tariffs on all international trade partners in an attempt of “PURSUING RECIPROCITY TO REBUILD THE ECONOMY AND RESTORE NATIONAL AND ECONOMIC SECURITY.” However, the result of which has given adverse effects.
To elaborate, S&P 500, NASDAQ, and international stock markets have crashed this past week. With the S&P 500 falling by 10%, NASDAQ falling 5.8%, and international stock falling between 5 and 7%. Additionally banks have become weary of a recession; and unemployment is projected to climb up to 5.3%.
Unless you plan on shorting stocks or are a large corporation in the US, this is dreadful. The latter being a majority of the US population. I am utterly clueless in how these policies will benefit the common man, the consumer, the people in any way. I believe that this pursuit to “rebuild the economy” may ultimately cause irreparable damages.
Sources:
https://www.nytimes.com/live/2025/04/04/business/trump-tariffs-stocks-economy
This is a really eye-opening post. It’s hard to see how these tariffs are helping regular people when the stock market is dropping and unemployment is going up. The idea of “rebuilding the economy” sounds good, but if most people are worse off, what’s the real benefit? Thanks for breaking this down—I think a lot of people are wondering the same thing.
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