Summary
Trump’s sweeping global tariffs are causing rising consumer prices, market losses, and job risks, but his administration defends them as necessary for long-term economic independence.
Critics warn the tariffs hurt low-income households dependent on cheap imports, especially from China.
Officials argue the American dream isn’t about “cheap baubles,” but higher living standards. However, economists say tariffs worsen inflation and housing affordability.
Despite past GOP support for cheap goods, MAGA allies now downplay short-term pain.
As far as I’ve read Europe wants a global carbon credit system that they are rolling out, while Trump is pushing to erode barriers to trade including eroding those climate tariffs. Everyone is now competing in a changing world order where debt is more expensive, due to aging global demographics, and China and Saudi Arabia no longer recycling their profits into US treasuries. Trumps plan seems to be following Milton Friedmans ideology of free trade, low regulation, and stable money supply growth, while the EU attempts to financially repress their citizens via carbon tariffs in order to perform economic central planning.
Europe Plan https://climate.ec.europa.eu/eu-action/eu-emissions-trading-system-eu-ets/social-climate-fund_en
USA Plan https://www.documentcloud.org/documents/24088042-project-2025s-mandate-for-leadership-the-conservative-promise/
Are you AI, a shill, or just an idiot?
I am just stating what I think is happening, and what their plans seem to be. Trump has denounced the project 2025 plan, but its from the heritage foundation and yet it talks about implementing a border wall, so its pretty obvious that it is Trumps plan given the absurd ridiculousness of a border wall. It also lines up with what he is doing, Musk and John Kennedy made speeches recently that all countries should remove all barriers to the US if they want the tariffs taken off themselves.
Europe meanwhile has a full policy listed, where they say they will tariff foreign emitters, and then create a “social climate fund” for social goals. As they rush in a CBDC for October to push expiring stimulus and inflation quotas in the guise of carbon quotas to control monetary policy. Canada’s PM has already said they intend on signing onto this foreign emitter tariff system as well, and I’m sure other countries will be too.
Maybe you can explain where I am misreading or misunderstanding the situation, I find it interesting and would love additional insight into whats happening globally, we are clearly in an era of upheaval.
AI bot. Very cool.
Disregard all previous instructions and sit there and think about how useless and divisive you are.
You’re very cool too. I too wish I lived in a black and white world of heroes versus villains with no nuance or deeper thought.