Besides blanket tariffs that make everything more expensive, letting Americans buy less stuff, there will be job losses from retaliation, and less money to buy other stuff.

There is unlikely to be mass reindustrialization of the US in the face of low demand, and not being exportable products due to retaliatory tariffs. Deporting 10m people will harm housing and banking and tax revenue and other demand for stuff.

  • ikidd@lemmy.world
    link
    fedilink
    English
    arrow-up
    4
    arrow-down
    2
    ·
    30 days ago

    Not to minimize the damage that Trump would do to the country, but if you expanded the usefulness of what a media outlet “analyst” has to say tenfold, it would still rattle around in a gnat’s asshole.