Trump tariffs blamed as bankruptcies reach 15-year peak

https://www.independent.co.uk/bulletin/news/trump-tariffs-bankruptcies-trade-war-b2891032.html

38 Comments

  1. Historical_Bend_2629 on

    The retired folks that voted for Trump, who are relatively comfortable, aren’t quite there in terms of the harm. Good for them. But they sure as hell didn’t help their grandkids. The one hundred dollar bill you gave them for a Christmas might make you satisfied, Grandma, that you did your job, and thanks, but you unknowingly harmed their future. Your ignorance is astounding.

    On a more philosophical, silver lining kind of view, maybe this was necessary to remind us that democracy is fought for, that complacency, apathy, and complicity by way of silence, are as much the real enemies as oligarchs, and that we the people, isn’t a concept to be taken for granted, and will take effort.

  2. Putin really struck absolute gold in Trump. He has been so incredibly destructive to the US as a Russian asset.

  3. I mean the asshole bankrupted a casino and he’s running the country how he runs his businesses.

  4. The economy is A++++. These bankruptcies are a Democrat hoax!!! Ignore the man behind the curtain. /s

  5. LightBeerOnIce on

    Well, he is the best at that. Vicariously passing down his rot onto the American people. Who didn’t see this coming? Next on deck, the entire US government.

  6. gunslinger_006 on

    At this point i just expect ill have to enroll in the 9mm retirement plan once i get old and sick, to avoid losing what meager funds i intend on leaving to my kid.

  7. YouCactusBastard on

    With all the damage done to medicaid and the ACA, I do not expect next year to bode any better with the way things are going.

  8. >This surge, the highest since 2010, is largely attributed to inflation, high interest rates, and President Donald Trump’s trade policies, particularly tariffs that have increased costs and hampered supply chains.

    But only those unpatriotic businesses that rely on woke supplies like “metal” or “wood” or “components.”

    They just didn’t pull hard enough on those bootstraps.

  9. Republicans in the House and the Senate seem to think it’s great: they can stop him but they let him do whatever he likes. Fire them all.

  10. When the President described how we’d look back at the tariffs as “Liberation Day” I really didn’t get he was forward thinking enough to be describing all the workers who would be freed from their oppressive employers when bankruptcies and lay offs started to happen… /s

  11. Those billionaires are using Trump as a useful idiot to extract wealth for themselves. They will squeeze citizens dry to get one more dollar.

  12. I read the title and said to myself: ‘Wow, the US media is *finally* blaming Trump for the bad things he’s causing!’ Only to see that this is from a UK outlet…

  13. thegoodnamesrgone123 on

    The economy is so much worse than people realize. I really am worried what happens when everything hits the fan.

  14. To borrow a saying from my quaint hometown in Indiana:

    * You Blew It
    * Super Hard
    * Complete Buffoonery
    * It’s Hilarious
    * You Deserve It

    (Also, *screw* the automod for not letting me use all caps in a context that clearly calls for it. I *hate* nannyware.)