Donald Trump has said that Americans may feel economic “pain” from his tariffs on key trading partners.

“Will there be some pain? Yes, maybe (and maybe not!)” Trump wrote on Sunday in all capital letters on his Truth social media platform, a day after signing off on tariffs on Mexico, Canada and China.

“But we will Make America Great Again, and it will all be worth the price that must be paid,” he added.

  • frezik@midwest.social
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    18 hours ago

    “Whereas Socialism, and even capitalism in a more grudging way, have said to people ‘I offer you a good time,’ Hitler has said to them ‘I offer you struggle, danger and death,’ and as a result a whole nation flings itself at his feet.”

  • inclementimmigrant@lemmy.world
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    19 hours ago

    I wonder how they’re going to blame Obama for gas prices going to this time.

    Also these maga are seriously thinking gas is coming down with these tariffs because the US will drill it’s way out of it. Too dumb to realize that we’re already producing a record about oil, companies already started they aren’t going to massively develop expensive new wells, and the refineries in the north are set up to process Canadian crude oil and switching isn’t cheap or fast.

    Americans are going to suffer and we deserve it.

  • makyo@lemmy.world
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    1 day ago

    Has he actually been clear about what the tradeoff is here and why it’s worth it?

    • cabron_offsets@lemmy.world
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      18 hours ago

      No, but I can step into the breach: the tradeoff is that Putin doesn’t release the video of him fucking a 12-year old blonde girl whom he audibly refers to as “Ivanka”.

    • rabber@lemmy.ca
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      24 hours ago

      He said yesterday that the only way for Canada to get out of this is by becoming 51st state

        • Furbag@lemmy.world
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          19 hours ago

          Longer than that, most likely, since tariffs raise prices on the end consumer and once those tariffs eventually go away there’s no incentive to lower the price back to pre-tariff levels.

          Trump using examples of effective US economic policy from over a century ago and trying to apply it to modern international trade is peak Trump.

        • inclementimmigrant@lemmy.world
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          19 hours ago

          Might just suffer permanently since Trump is dismantling the US government, consolidating power and setting up a dictatorship.

    • umean2me@discuss.online
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      24 hours ago

      Idk something about strengthening American economy making it more self reliant. Which is why he’s putting tariffs on all of the things we can’t sustainably produce here and are outsourced for a reason, y’know, so we can, uh…

      • shawn1122@lemm.ee
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        19 hours ago

        He’s trying to incentivize domestic manufacturing by disincentivizing foreign imports.

        The problem is he hasn’t promised any meaningful investment in domestic manufacturing except for a massive half a trillion dollar investment in AI.

        For example, all shoes are made in foreign countries where labor costs are lower. The machinery to make shoes locally is scant if nonexistant. There were no investments made to offset this.

        Nike and Adidas have said prices may go up by up to 100%. You have to inventivize these companies to make product locally otherwise they’re going to find the cheapest option which is either trafficking it through a non tariffed country or passing the cost on to the consumer. They have a duty to their shareholders (the great American ethos) after all.

    • teawrecks@sopuli.xyz
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      1 day ago

      Honestly, I feel like at this point he can be completely honest that he’s beholden to his fellow oligarchs, he just has to follow it up with “the democrats did the same thing, this is how we get even”. And his followers will defend him, and his opponents won’t have anything to call him out on, and we all lose.

  • flop_leash_973@lemmy.world
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    1 day ago

    Shocking…well, not that shocking. Unless you are the kind of rube that actually believes anything a guy like Trump says.

  • Grimy@lemmy.world
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    1 day ago

    It’s plain to see he doesn’t include himself when he refers to “Americans”. This will predominantly affect one demographic, and it’s coincidentally the demographic which doesn’t have the savings to weather it out.

  • crusa187@lemmy.ml
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    1 day ago

    Worth the price that must be paid

    What a dumbass - the only reason Americans are paying this price is because of the tariffs. Instead of raising money by ensuring corporations and the rich oligarch donors pay their taxes, American consumers are getting double taxed with 0 representation. Truly vile, this is a robbery of historic proportions.

  • TheReturnOfPEB@reddthat.com
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    1 day ago

    In my opinion Trump went to North Korea, and Trump saw empty streets, empty bellies, quiet acquiescent workers that couldn’t travel or complain, and a autocratic leader that was richer than anyone else.

    And in my opinion Trump wanted to make America in that image.

  • oxjox@lemmy.ml
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    1 day ago

    This freaking tariff thing is ridiculous. The President of the United States doesn’t know how to implement them and the general public doesn’t know why they’re used (both believe they do).

    This entire country is full of morons because we value political identity and virtue signaling over knowledge and rational thought. The way we get information now is largely engineered by algorithms so you only know what already aligns with your existing ideologies. Everyone has a strong opinion about something they know very little about. This strengthens the walls that divide us because we’re arguing for “our side” rather than based on the vast complex realities of a subject. Most people should not be engaging in a conversation, let alone a political stance, about tariffs.

    I’m certainly not an economist or trade expert so I won’t bother adding to the misinformation. However, this particular president seems to know far less about the economy and American history than do I. Moreover, the fact that he has point towards the import of illegal drugs as the reason for the tariffs is just bonkers.

    • skuzz@discuss.tchncs.de
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      1 day ago

      Many of those policy decisions being made really look like they either come from the premade Proj25 playbook, random whims, or spite attached to a flimsy excuse. It is pathetic.

      If America survives, the president’s power has to be severely reduced.

  • nova_ad_vitum@lemmy.ca
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    2 days ago

    “Will there be some pain? Yes, maybe (and maybe not!)”

    Small potatoes at this point but it’s amazing that this schtick still works. Really shows how gullible people are and how simple his act is relative to how well it works. This sentence means he doesn’t know shit about what these tariffs will cause. That’s what it means.

    But to Trump supporters, if it causes pain he was right (he said it right there) and if doesn’t he was also right (he said it right there). Amazing . Truly the greatest con artist of all time, especially considering how low-effort his act is.