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USA Loses 6 TRILLION Dollars In 2 Days As Trump Crashes Economy - Politics - Nairaland 485w3h

USA Loses 6 TRILLION Dollars In 2 Days As Trump Crashes Economy (1435 Views)

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Catapault: 8:54am On Apr 06
Goodnight America.

How art the mighty fallen!

4 Likes

SalamRushdie: 8:55am On Apr 06
It will pick up
Saga16: 8:56am On Apr 06
SalamRushdie:
It will pick up

grin

Who would pick it up?

Until the jobs come back Trump must NOT rescind his Tarriffs .

6 Likes

Catapault: 9:00am On Apr 06
SalamRushdie:
It will pick up

Pardon?

Trump's US stock market as at yesterday:



By the way, APPLE lost 300 billion dollars yesterday on the stock market, so at the rate this is going, if you're an IPhone , you better start looking for another brand.

4 Likes

lathrowinger: 9:01am On Apr 06
Good for him
SalamRushdie: 9:08am On Apr 06
Catapault:


Pardon?

Trump's US stock market as at yesterday:



By the way, APPLE lost 300 billion dollars yesterday on the stock market, so at the rate this is going, if you're an IPhone , you better start looking for another brand.

He already predicted this reactions to the tariifs a long time ago , they are temporary, once the tarriff benefits take hold everything will be fine
Xisnin(m): 9:17am On Apr 06
SalamRushdie:


He already predicted this reactions to the tariifs a long time ago , they are temporary, once the tarriff benefits take hold everything will be fine
Oh my!
Do you guys even think?
What is the benefit of tariff aside putting more money in the government's pocket.
Perhaps, you are thinking of manufacturing jobs, majority aren't coming back even
with a 100% tariff and those that will do will take years to have any meaningful impact.

Meanwhile, American average earners will pay higher for goods regardless of where
they are manufactured and hundreds of thousands jobs will be lost at best.

How the idiotic Trump manage to gain a god-like status is something to be studied.

13 Likes

obiekunie01: 9:19am On Apr 06
Trump already know that all these sabotage and treasonable attacks will surely come.
So he and his team are fully prepared for it.

Trump is hell-bent on cleaning corruption out of American system, stopping the corrupt thieves from siphoning American wealth in the name of funding foreign countries and he will succeed in achieving all he set out to do to make his country truly great again.

Isiah 54:15.

3 Likes

Catapault: 9:25am On Apr 06
SalamRushdie:


He already predicted this reactions to the tariifs a long time ago , they are temporary, once the tarriff benefits take hold everything will be fine

The “tariff benefits” are a complete DELUSION.

There are ZERO benefits.

He says he wants to bring back all the factory jobs back to America by imposing tariffs, forgetting why US companies fled America in the first place - the high cost of labour. High salaries compared to taking their factories to China etc.

So when you manage to bring them back and functional in 5 to 10 years’ time (since factories don’t spring up overnight), what will be the cost of labour and wages?

STILL HIGH?

That means INFLATION will be through the roof, as Americans used to buying cheap goods from abroad would now need to pay VERY HIGH PRICES for common items.

Plus the companies will be unable to export due to the high cost of their American-made products! Shoes they made for 3 dollars each in China now cost 20 dollars to make in America. How can they compete?

It’s a ridiculous policy that’s been condemned even by Trump’s own party and Fox News, his people.

9 Likes 1 Share

zero8zero(m): 9:30am On Apr 06
obiekunie01:


You called the president of the most powerful nation in the entire planet an idiot - a President that got and overwhelming vote as has never been seen in the history of American democratic elections and you got the audacity to call him an idiot!

Pls tell me sir, how many people in your entire lineage has ever won an election as a local government chairman in a shithole country talk more of a civilized nation! and yet a nonentity like you! a nincompoop like you that i am very sure no one knows you outside your nuclear family, and yet you have the temerity to call a global King a fool!

May God have mercy on your Type-A kind of stvpidity.
STFU, as if you don't say worse to Nigerian President, whites slave.

13 Likes

Catapault: 9:31am On Apr 06
obiekunie01:
Trump already know that all these sabotage and treasonable attacks will surely come.
So he and his team are fully prepared for it.

Trump is hell-bent on cleaning corruption out of American system, stopping the corrupt thieves from siphoning American wealth in the name of funding foreign countries and he will succeed in achieving all he set out to do to make his country truly great again.

Isiah 54:15.

You are an ignoramus.

Trump is a criminal convict on several fraud charges, as well as sexual harassment, theft of classified material, and other major crimes.

His being in office is a sign of deep corruption in the American system, and white privilege.

If Barack Obama had committed 1/10th of the crimes Trump did, he would be in jail, not in the White House.

Trump is also a CERTIFIED RACIST targeting black and brown people.

He is rolling back all the gains of the 1960s CIVIL RIGHTS ERA of Dr Martin Luther King Jr and Malcolm X etc, which granted black people freedom to participate in society without discrimination.

The gains which allow a NIGERIAN like you to travel to America and thrive.

In the USA, 90% of the 60 million-strong African-American population voted against Trump, and despise him.

8 Likes 3 Shares

Kaiser20: 9:34am On Apr 06
SalamRushdie:
It will pick up
with Prayers and fasting and night vigil Abi No be so

2 Likes

obiekunie01: 9:35am On Apr 06
zero8zero:

STFU, as if you don't say worse to Nigerian President, whites slave.

See these f000l! when they call for all fierce cats to come out, and the lions, jaguars, tigers, hyenas, bobcats, cheetahs are coming out, the house cat also jump out! cheesy grin
zero8zero(m): 9:35am On Apr 06
SalamRushdie:


He already predicted this reactions to the tariifs a long time ago , they are temporary, once the tarriff benefits take hold everything will be fine
And this same person would almost lynch Tinubu for taxes, Lol. See him making stupid excuses for someone who deliberately caused the worst meltdown in stock market since COVID. Some funny bullshit about these headless mob is that fact that they can sell their common sense for a white man's poop.

11 Likes 3 Shares

helinues: 9:35am On Apr 06
Trump is gambling with Us economy

He should listen to the financial advisors. Some of his new tarrif are insensitive and wrong timing

2 Likes 1 Share

Xisnin(m): 9:37am On Apr 06
obiekunie01:


You called the president of the most powerful nation in the entire planet an idiot -
Trump is actually a minus for the US.
If he didn't exist, fewer Americans would have died from Covid
and the economy won't be tanking now.


a President that got and overwhelming vote as has never been seen in the history of American democratic elections and you got the audacity to call him an idiot!
See.
All you Trump worshippers have no brain.
Trump didn't even win the majority of the votes, mere 49% is what you are hyping.
What should FDR and Reagan say?
Oh, never mind, you are too dumb to understand the reference.
It comes with the territory of extremely unintelligent guy who thinks
the measure of smartness is how much fraud you can get away with.



Pls tell me sir, how many people in your entire lineage has ever won an election as a local government chairman in a shithole country talk more of a civilized nation! and yet a nonentity like you! a nincompoop like you that i am very sure no one knows you outside your nuclear family, and yet you have the temerity to call a global King a fool!
Why are you crying?
Oh, he won an election, so he must be a very smart man. How dull can you guys be?

A crooked businessman who never earn an honest dime in his entire life.
He moves from one con to the other.


May God have mercy on you and your Type-A kind of stvpidity.
I pity your kids. Imagine inheriting your kind of brain?

6 Likes 1 Share

obiekunie01: 9:38am On Apr 06
Catapault:


You are an ignoramus.

Trump is a criminal convict on several fraud charges. His being in office is a sign of deep corruption in the American system, and white privilege.

If Barack Obama had committed 1/10th of the crimes Trump did, he would be in jail, not in the White House.

Trump is also a CERTIFIED RACIST targeting black and brown people.

He is rolling back all the gains of the 1960s CIVIL RIGHTS ERA of Dr Martin Luther King Jr and Malcolm X etc, which granted black people freedom to participate in society without discrimination.

The gains which allow a NIGERIAN like you to travel to America and thrive.

In the USA, 90% of the 60 million-strong Afro-American population voted against Trump, and despise him.


This comment just prove how ridiculously low IQed you are. and av been wasting my precious time responding to a m0r0n. angry angry
Catapault: 9:40am On Apr 06
obiekunie01:


This comment just prove how ridiculously low IQed you are. and av been wasting my precious time responding to a m0r0n. angry angry

Insolent school dropout with foam where his brain ought to be.

If Trump ever saw you near his Florida resort home with your dark brown skin, he’d set his dogs on you.

Dumb slave.

7 Likes 2 Shares

obiekunie01: 9:47am On Apr 06
Catapault:


Insolent school dropout with foam where his brain ought to be.


Research has proved that people tend to refer to others using their own delimiter. A dropout will more likely refer to others as drop out.
Go figure.
voortrekker966: 9:48am On Apr 06
obiekunie01:


You called the president of the most powerful nation in the entire planet an idiot - a President that got and overwhelming vote as has never been seen in the history of American democratic elections and you got the audacity to call him an idiot!

Pls tell me sir, how many people in your entire lineage has ever won an election as a local government chairman in a shithole country talk more of a civilized nation! and yet a nonentity like you! a nincompoop like you that i am very sure no one knows you outside your nuclear family, and yet you have the temerity to call a global King a fool!

May God have mercy on you and your Type-A kind of stvpidity.

This guy used economics to write about the post but you are here abusing him for calling Trump stupid. Are you greater than almost half of humanity calling Trump stupid?

6 Likes 2 Shares

fineboynl(m): 9:56am On Apr 06
The way buhari slam high tariff on rice. Today how much is Local rice?

If not for china that supplies iPhone, Android parts. Majority of people won't be able to afford iPhone and even people in America wouldn't be able to afford basic things like laptops and Smart devices.

Americam company cannot compete with Chinese company in of Price, features and options even quality. The market will always favor china. It looks like china is the next world power. When the world accept the yan as world currency it would change the dynamics.

2 Likes 1 Share

SalamRushdie: 9:56am On Apr 06
zero8zero:

And this same person would almost lynch Tinubu for taxes, Lol. See him making stupid excuses for someone who deliberately caused the worst meltdown in stock market since COVID. Some funny bullshit about these headless mob is that fact that they can sell their common sense for a white man's poop.

Show me one of Tinubus predatory policy that has worked ?
zero8zero(m): 9:56am On Apr 06
obiekunie01:


See these f000l! when they call for all fierce cats to come out, and the lions, jaguars, tigers, hyenas, bobcats, cheetahs are coming out, the house cat also jump out! cheesy grin
White slave

3 Likes

Catapault: 9:56am On Apr 06
zero8zero:

And this same person would almost lynch Tinubu for taxes, Lol. See him making stupid excuses for someone who deliberately caused the worst meltdown in stock market since COVID. Some funny bullshit about these headless mob is that fact that they can sell their common sense for a white man's poop.

Honestly their mental slavery is off the chain.

3 Likes

zero8zero(m): 9:57am On Apr 06
SalamRushdie:


Show me one of Tinubus predatory policy that has worked ?
Show me one Trump's catastrophic policies that has worked?

5 Likes 1 Share

zero8zero(m): 9:57am On Apr 06
Catapault:


Honestly their mental slavery is off the chain.

Amazing mental slavery, it deserves to be studied.

2 Likes 1 Share

DeOTR: 9:58am On Apr 06
voortrekker966:


This guy used economics to write about the post but you are here abusing him for calling Trump stupid. Are you greater than almost half of humanity calling Trump stupid?
Most people that hate Trump from this part of the world are islamists. They careless about the US economy.
RichBoy247: 9:58am On Apr 06
SalamRushdie:
It will pick up

Yes, after the village idiot leaves that seat or reverses his drug influenced policies

1 Like 1 Share

RichBoy247: 9:59am On Apr 06
DeOTR:

Most people that hate Trump from this part of the world are islamists. They careless about the US economy.

This one is mentally unstable. Trump
Is fighting homosexuality and nonsensical sex labelling and Muslims are really really happy with that. But the many drug influenced policies he has been running, we will all bring him to his knees and to his belly prostrating

2 Likes 1 Share

Catapault: 10:00am On Apr 06
obiekunie01:


Research has proved that people tend to refer to others using their own delimiter. A dropout will more likely refer to others as drop out.
Go figure.

Go and hang around Trump’s resort with your black face nau, let’s see how far.

2 Likes 1 Share

SalamRushdie: 10:02am On Apr 06
Xisnin:

Oh my!
Do you guys even think?
What is the benefit of tariff aside putting more money in the government's pocket.
Perhaps, you are thinking of manufacturing jobs, majority aren't coming back even
with a 100% tariff and those that will do will take years to have any meaningful impact.

Meanwhile, American average earners will pay higher for goods regardless of where
they are manufactured and hundreds of thousands jobs will be lost at best.

How the idiotic Trump manage to gain a god-like status is something to be studied.


Seems you don't even understand the tarrifs , they are not about raising money but rather reciprocatory to give American product a fair chance in other economies , the tarriff are pretty simple don't charge American products high tariffs and they won't charge you , for years many economies are exporting goods to America cheaper than America can export to them and it needs to stop.. If am to ship innoson car from Nigeria to America I will be charged 5percent before and when I ship and American car to Nigeria the Nigerians will charge 75 percent duty ...does this sound fair to you?

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