TRUMP S TARIFF CHAOS IS ACCELERATING THE COLLAPSE OF THE US ECONOMY AND DOLLAR
To tariff, or not to tariff, that is the question:
Whether 'tis nobler in the mind to suffer
The slings and arrows of no tariffs,
Or to impose huge tariffs against a sea of imports...
Or by changing tariffs every day and even hour
On Chinese and other imports
On the most prized of all, gold bullion imports
From the land of snow capped Alps
As the dollar, the economy collapses, and inflation soareth
And plunge the markets into turmoil
Must give us pause for thought
https://orf.at/stories/3402301/
President Donald Trump on Monday delayed high U.S. tariffs on Chinese goods from snapping back into place for another 90 days, a White House official told CNBC.
Those tariffs were set to resume Tuesday. But Trump signed an executive order hours beforehand that extends the deadline until mid-November, according to the official.
https://www.cnbc.com/2025/08/11/trump-china-tariffs-deadline-extended.html
The price of gold fell by the most in three months on Monday, as traders sold the asset ahead of President Trump’s clarification that there would be no tariff on bullion entering the U.S.
Mercedes has warned the European car market is about to collapse also due to the tariffs.
https://www.mmnews.de/wirtschaft/237763-mercedes-warnt-vor-kollaps-des-europaeischen-automarkts
No comments:
Post a Comment