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Trump Tariff War Is Destroying Global Economy – Okonjo-Iweala - Politics (2) - Nairaland j19k

Trump Tariff War Is Destroying Global Economy – Okonjo-Iweala (18324 Views)

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Divinerace(m): 8:01pm On Apr 04
cool
AmazonTopaz(f): 8:04pm On Apr 04
Kamala Harris was the better candidate.

Anyone with a working brain knew this already.

2 Likes 1 Share

Basicend: 8:05pm On Apr 04
oluwaseyi0:
If the world abandon USD as general means of exchange then US will understand that the world is doing them more favour than they are doing the world

It costs just about $1.4m to print $1 billion in paper worth at bills of $100.

That is not even up to $2 million, not talk of $100m, without being pegged to anything.

Yet, the entire world accepts it as a tender value for exchange.

Yet, Trump and his govt are peddling that the whole world is taking advantage of the US.

* He just about to destroy the foundational structures that previous US Presidents built that brought greatness.

10 Likes 4 Shares

grandstar(m): 8:06pm On Apr 04
bemeruca:
When other countries tariff the US no one feel sorry for the US or complain.

If they believe that then they should all remove their tariff

Don't blow things our of proportions.

Yes, other countries may not have been fair in some areas to the US but it wasn't enough to slow down or ruin the US economy

And if the US did not like it, they could take their complaint to the WTO who would judge the matter. If the US complaint was valid, they qould be permitted to place retaliatory tariffs on the other country's imports equal to the value that they place on American imports.

Donald feels the US can do without the world's economy. That all countries would be dying to do business with the US if it closes its borders. He believes it would force them to build manufacturing jobs in the US. He is delusional. His tariffs are so preposterous that many companies would prefer to pull out. The man is dumb.

He has destroyed the US economy patapata.

10 Likes 3 Shares

omoredia: 8:08pm On Apr 04
Crase woman
bemeruca: 8:15pm On Apr 04
grandstar:


Don't blow things our of proportions.

Yes, other countries may not have been fair in some areas to the US but it wasn't enough to slow down or ruin the US economy

And if the US did not like it, they could take their complaint to the WTO who would judge the matter. If the US complaint was valid, they qould be permitted to place retaliatory tariffs on the other country's imports equal to the value that they place on American imports.

Donald feels the US can do without the world's economy. That all countries would be dying to do business with the US if it closes its borders. He believes it would force them to build manufacturing jobs in the US. He is delusional. His tariffs are so preposterous that many companies would prefer to pull out. The man is dumb.

He has destroyed the US economy patapata.

Bullshit.

2 Likes

grandstar(m): 8:16pm On Apr 04
othermen:
This headline is misleading and irresponsibly done.

Her message is clear, and clearly to the rest of the world.

Do not escalate this. If you react harshly, the world economy would be in jeopardy.

She is actually urging the rest of the world to halt the escalating tariff war and behave responsibly by not retaliating, as retaliation could depress global trade.

She has not stated that “Trump's tariff war” is destroying the global economy.

Stop kidding yourself.

Trump's war adversely affect the world's economy. The US economy is going to crash. Expeact a recession as early as the third quarter that is if GDP did not contract in the first quarter.

By next year, there would be a depression. Nations and businessmen have lost any confidence in the US economy.

By end of this year, millions of jobs would be lost.

4 Likes 2 Shares

RichBoy247: 8:17pm On Apr 04
Ngozi no talk nonsense oooo. Your brothers of Igbo origin love everything dump Trump does

4 Likes 1 Share

DeepSight(m): 8:18pm On Apr 04
othermen:
This headline is misleading and irresponsibly done.

Her message is clear, and clearly to the rest of the world.

Do not escalate this. If you react harshly, the world economy would be in jeopardy.

She is actually urging the rest of the world to halt the escalating tariff war and behave responsibly by not retaliating, as retaliation could depress global trade.

She has not stated that “Trump's tariff war” is destroying the global economy.

Another daft slavish Trump worshipper.

4 Likes 1 Share

grandstar(m): 8:18pm On Apr 04
bemeruca:


Bullshit.


Millions of jobs would be lost by the end of the year in the US.

Before the end of the year, the US would officially be in a recession, and by early next year, a depression.

5 Likes 1 Share

grandstar(m): 8:21pm On Apr 04
ImpartialGuy:
Building a $30 trillion economy no be chere kam bia. When America roars, the world cries!



The US economy will crash this year with Trump's idiocy and you're praising his hubris.

He isn't building the US economy. He is destroying it.

8 Likes 3 Shares

PUNANI01: 8:25pm On Apr 04
Madam, before they mess with your brain, do the needful by reg on time to save your good name.

3 Likes 1 Share

bemeruca: 8:25pm On Apr 04
grandstar:


Millions of jobs would be lost by the end of the year in the US.

Before the end of the year, the US would officially be in a recession, and by early next year, a depression.

Jobs are being created

1 Like

Chibuzoripob: 8:25pm On Apr 04
cool FEARLESS MAMA cool. Tell the STUPID VILLAGE IDIOT 🫏 grin

2 Likes 2 Shares

PUNANI01: 8:27pm On Apr 04
Saga16:
grin

Developers don't know how to react to this.

I'm here for it.
close your mouth if you don't know what to comment. Commenting is not by force.

1 Like

Saga16: 8:27pm On Apr 04
PUNANI01:
close your mouth if you don't know what to comment. Commenting is not by force.

A developer is angry.

grin

2 Likes

grandstar(m): 8:29pm On Apr 04
bemeruca:


Jobs are being created

For every job that is created, ten would be lost. Fixed!

I already foretold that Trump's policies would destroy the US economy. You can check the threads I started.

My forecast that millions of jobs would be lost should be accepted as the truth.

4 Likes 1 Share

Saga16: 8:29pm On Apr 04
bemeruca:


Jobs are being created

Because you spied the latest jobs report today.

Are you really expecting any reasonable establishment to be hiring in this period of uncertainty and stock market collapse?

1 Like 1 Share

gawu1: 8:30pm On Apr 04
Trump-Tariff Imposition vs Akpabio-Natasha Brouhaha: a call for Nigerians to Prioritize National Interests Over Frivolous Distractions
The world is currently engrossed in discussions surrounding the tariff policies imposed by American conservative President, Donald Trump. His istration's decision to impose a 27% tariff on Nigeria is a matter of serious concern that requires urgent attention. Various countries affected by similar economic restrictions are actively strategizing countermeasures to safeguard their national interests. However, instead of Nigerians engaging in productive discussions on this pressing matter, the national discourse, particularly on social and mainstream media, is dominated by trivial issues such as the Natasha and Akpabio controversy. This misplaced priority reflects poorly on the national consciousness and demands urgent redress.The economic implications of a 27% tariff on Nigerian goods and services are severe. Such an imposition will significantly affect Nigeria’s trade relations with the United States, a key global economic power. The cost of exports will rise sharply, reducing Nigeria’s competitiveness in the American market. This will, in turn, lead to decreased revenue, job losses, and a weakened economy. Other nations in similar situations are actively negotiating diplomatic and economic solutions, yet Nigerians remain largely indifferent. This nonchalance towards matters of national significance is detrimental to Nigeria’s growth and stability.Rather than focusing on the economic threats posed by Trump’s tariff policies, Nigerian citizens have chosen to engage in endless debates about Natasha and Akpabio—issues that hold no tangible benefit for the country’s development. This fixation on sensationalism rather than substance is a recurring problem in Nigeria. Social media platforms, which should be tools for mobilizing national discourse on important issues, are instead flooded with gossip, political theatrics, and personality conflicts.This tendency to prioritize trivial issues over pressing national matters has become a major obstacle to Nigeria’s progress. While other nations are rallying their citizens to address economic challenges, Nigerians are occupied with distractions that add no value to their collective growth. This lack of awareness and engagement on critical policies contributes to poor governance, as leaders are not held able for decisions that affect the economy and citizens' welfare.For Nigeria to thrive in the global arena, its citizens must develop a heightened sense of awareness and responsibility. The country must shift from reactionary politics to proactive engagement in international affairs. Instead of fixating on social media controversies, Nigerians should use their platforms to discuss and propose strategies that will help the government responding to Trump’s tariffs threat. Intellectuals, economists, and policymakers should guide the conversation towards practical solutions, such as strengthening trade relations with other global partners, promoting local industries to reduce dependency on imports, and leveraging diplomatic channels to negotiate more favorable trade .Moreover, mainstream media should play a crucial role in shaping national consciousness. Rather than amplifying frivolous stories, media houses should prioritize reporting on policies that impact the economy and national security. Public discourse must be directed towards meaningful discussions that challenge governmental inefficiencies and advocate for better economic strategies.Nigeria stands at a critical juncture where national priorities must take precedence over distractions. The imposition of a 27% tariff by the Trump istration is a serious economic threat that requires immediate attention. Unfortunately, instead of discussing strategies to counter this policy, Nigerians are preoccupied with gossip and trivial political feuds. This negligence only serves to weaken Nigeria’s position on the global stage. Therefore, citizens must rise above distractions, focus on issues that matter, and actively contribute to discussions that shape the country’s economic and political future. We are about to entering a critical time that will certainly have serious economic and political consequences on our nation development, especially when the Trump tariff starts to reel out it effects. The responsibility is not only on the government but the whole citizens. National development demands conscious participation from all, and it is high time Nigerians embraced this responsibility.
Eniitankorede: 8:30pm On Apr 04
jazzman7711:
OLAADEGBU, ARE YOU NO LONGER TRUMP’S HOUSEBOY?

THIS IS A MOST STRANGE POST COMING FROM YOU.

YOUR EYES ARE CLEARING NOW, ABI?

DON’T WORRY. THERE’S MORE TO COME.

ODE.



Trump followers are confirmed didirin and sumondere😂😂

3 Likes 2 Shares

Eniitankorede: 8:32pm On Apr 04
othermen:
This headline is misleading and irresponsibly done.

Her message is clear, and clearly to the rest of the world.

Do not escalate this. If you react harshly, the world economy would be in jeopardy.

She is actually urging the rest of the world to halt the escalating tariff war and behave responsibly by not retaliating, as retaliation could depress global trade.

She has not stated that “Trump's tariff war” is destroying the global economy.

Also, which is it? Will Trump’s tariff destroy the US economy or the economy of the other countries?

Someone suggested that businesses should find alternative trading partners. Perhaps Africa. African nations that are struggling with affording basic necessities, including HIV/AIDS medication. Perhaps China, but China would dictate their own . Alternatively, Europe could open its economy to China, and risk the potential for China's cheap products to flood their market and shut down their manufacturing.

Someone suggested that they should abandon the US dollar. And the global economy should cling to? Canadian dollars or Naira or yuan or Euro. Thinking the US currency is there by decree is no evidence of right minded thinking.



The whole world need to isolate America for harsh treatment and continue as normal with each other. That’s the best way to teach Trump a lesson in cooperation.

2 Likes 2 Shares

Adakintroy: 8:33pm On Apr 04
Oga make una go put una own tariff or go.line up behind Russia or China.


The first to get mind go negotiate go just harmer yanfuyanfu. Na just price he give you. It subject to bargaining. The man na business man. He just de find business mind to drag with. Una too fear.
bemeruca: 8:34pm On Apr 04
Saga16:


Because you spied the latest jobs report today.

Are you really expecting any reasonable establishment to be hiring in this period of uncertainty and stock market collapse?

They are. General motors is hiring as a result of the tariff. The stock will stabilize. This is not new.

1 Like

bemeruca: 8:35pm On Apr 04
Eniitankorede:




The whole world need to isolate America for harsh treatment and continue as normal with each other. That’s the best way to teach Trump a lesson in cooperation.

They can't. Treat US bad n cry when they say enough is enough.

1 Like

ajailer(m): 8:36pm On Apr 04
Trump go tell them to revoke NOI visa now. Trump, the petulant kid that hates being criticized.

2 Likes 2 Shares

Saga16: 8:37pm On Apr 04
bemeruca:


They are. General motors is hiring as a result of the tariff. The stock will stabilize. This is not new.


250 temporary jobs whilst Stellantis is pausing 900 jobs.

1 Like 1 Share

Saga16: 8:38pm On Apr 04
bemeruca:


They can't. Treat US bad n cry when they say enough is enough.

What do you mean they can't?

Can US boss the entire world?

2 Likes 1 Share

obiekunie01: 8:39pm On Apr 04
grandstar:


The US economy will crash this year with Trump's idiocy and you're praising his hubris.

He isn't building the US economy. He is destroying it.

Everybody is forming economist even when its very clear that Trump is doing the right thing to protect the interest of his country!
Even employment rate has increased by 1.4% a huge increase from 1.2% in January!

And you are forming economist and talking stupid trash!

70% of real Americans are very happy with the job their president is doing and that's what matters.

1 Like

okoolori(m): 8:39pm On Apr 04
oldguyman:
President Trump cannot be wrong.

Abi Ogun wan kill you and your entire generation no? You no go shut Ur yehyeh obidients mouth.... You know how much many people don lose since this his announcement 😭
Thunder fire that your stupid hand wey u take type and that your bran wey you take reason
Oloriburuku saying egomaniac trump can't be wrong....
Ur papa...
Na only God Almighty can't be wrong ..

1 Like 3 Shares

okoolori(m): 8:40pm On Apr 04
obiekunie01:


Everybody is forming economist even when its very clear that Trump is doing the right thing to protect the interest of his country!
Even employment rate has increased by 1.4% a huge increase from 1.2% in January!

And you are forming economist and talking stupid trash!

70% of real Americans are very happy with the job their president is doing and that's what matters.

So dem tell you say Americans no be mumu abi...
A lot of dem are regretting now...
Wait till next week when every country starts retaliating this tariff...
Awon commenter isonu

1 Like 3 Shares

okoolori(m): 8:42pm On Apr 04
Eniitankorede:




Trump followers are confirmed didirin and sumondere😂😂

To say this is even an understatement sef..


A lot of them are full blown didirin and sugormu.. Ajeh

1 Like 2 Shares

spiSeyi: 8:45pm On Apr 04
I blame AU for this if they have implemented what Gaddafi said Trump tariffs won't matter. It's high AU have a single currency that will be backed by gold, and let anyone who wants to trade with us trade with AU currency. Anyways, the US dollars is about to go down I see more countries BRICS and China taking over most trades

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