Donald Trump reduces China tariff effect, American children can get 2 dolls instead of ’30 ‘

US President Donald Trump (Pic Credit: AP)

US President Donald Trump said on Wednesday that his tariff strategy can result in less and expensive products for American consumers, but economic pain will be harder than China.
Talking to his cabinet amidst new signs of economic recession, Trump expressed concern that the American economy was moving towards recession. “Perhaps children will have two dolls instead of 30 dolls,” Trump said, referring to the possible impact of tariffs on consumer goods. “So it may be that two dolls will spend a couple more money as they will do in general.”
A few hours after the report was reported by the US Commerce Department, his comments came down that the economy decreased by 0.3 percent in the first quarter of the year, the first contraction after the beginning of his second term. The decline was inspired by a rapid increase in imports, as the business went for stockpile accessories to swipe tariffs on steel, aluminum, automobiles and more.
Despite the negative figures and an irritable stock market, Trump doubled his economic policy. “This is Biden’s stock market, not Trump,” he wrote on his social media platform, referring to his democratic predecessor. “Tariffs will start kicking soon, and companies are moving to the USA in record numbers. Our country will bounce, but we will have to get rid of Biden ‘Overhang’. It will take some time, it has nothing to do with the tariff.”
However, the administration’s message appeared rapidly contradictory, brushing the warning signs and celebrating foreign investment. Trump highlighted major investment commitments from firms such as Apple, NVIDIA, Soft Bank, and Johnson & Johnson that his “America First” approach was already giving fruit, even experts warned of comprehensive economic uncertainty.
Democrats seized the GDP report as evidence that Trump’s unexpected trade strategy was reducing the economy.
“We have only seen the beginning of dangerous effects from Trump’s random policies,” said Rape Sujan Delben of the state of Washington, a top house, a top house. “American manufacturers still depend on parts and components from China. Fraud and laxity are not going to help make investment. A strong economy needs stability and certainty. We have not seen it.”
The US job market remains relatively strong, with unemployment 4.2 percent. But economists take care that business stress and inflation pressure can destroy consumer trust and corporate investment.
Trump, who marked his 100th day in the office this week, is committed to using tariffs as a central tool in his economic agenda – even though it means that Americans may face high prices and limited options in the short term.

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