return2ozma@lemmy.world to News@lemmy.world · 2 months agoFear that Trump tariffs will spark recession wipes out more than $2 trillion in value from US stocksapnews.comexternal-linkmessage-square95fedilinkarrow-up1697arrow-down18
arrow-up1689arrow-down1external-linkFear that Trump tariffs will spark recession wipes out more than $2 trillion in value from US stocksapnews.comreturn2ozma@lemmy.world to News@lemmy.world · 2 months agomessage-square95fedilink
minus-squareKnock_Knock_Lemmy_In@lemmy.worldlinkfedilinkarrow-up3·2 months ago These tariffs are a tax on the working class, which they will gladly pay. When taxes rise consumption falls. The wealthy live off the fat of consumption.
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When taxes rise consumption falls. The wealthy live off the fat of consumption.