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.
ReplyDeleteThe recent blanket tariffs seem to be doing more harm than good. With major indexes dropping and recession fears growing, it’s hard to see how these moves help everyday Americans. While the goal may be economic security, the immediate impact has been market crashes. These policies might end up hurting the very people they're meant to protect.
ReplyDeleteThe tariffs have undoubtedly caused more harm recently than good for most Americans. It will be interesting to see if Trump is somehow able to leverage them for the U.S. or if they will continue to hurt the economy.
ReplyDeleteYou make a strong point,, it's hard to see how blanket tariffs help everyday Americans when markets are tumbling and recession fears are rising. Do you think there’s a breaking point where enough economic pain forces a reversal, or will politics keep driving these decisions regardless of the fallout?
ReplyDeleteYou make some really good points here. It’s concerning to see policies meant to “restore security” actually leading to market crashes and rising unemployment. It feels like the everyday consumer is taking the hardest hit from these decisions, while large corporations might benefit. Hopefully there’s a shift before the damage becomes too deep.
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