This is just mad. A supposed economics expert quoted by Trump's top advisor on trade and manufacturing in his books is a fictional person, an anagram of his own name.

Rachel Maddow Explains the ‘Ridiculous’ True Story That Inspired Trump’s Tariffs Plan

White House Adviser Peter Navarro Calls Fictional Alter Ego An 'Inside Joke'

hedda wrote:
Trump has announced he may impose 110% tariffs on China so those Iphones and burner phones would more than double in price (for Americans who must buy them in the 10s of millions).

Costco, Target, Walmart and probably every US department store would have huge prices rises on goods if he did but it could just be a bluff.

So far it's the poor Yanks in the frame here who will not only be paying higher prices if all this happens but have to watch their savings on shares plummet. Of course Wall St may recover. Or may not.

I reckon he wants every world leader to come begging and maybe some will.

Heard Island can send it's Chief Penguin.

Your TDS is off scale.

Totally clueless to what TDS means. Presumably some sort of cheap insult (that doesn't address the post as usual).

Now from the dreaded CNN a report (for JK who says he doesn't understand tariffs) on how prices may rise for Americans in supermarkets as the presenter points out how much produce comes from outside the USA.

Also a tech expert predicts how the dreaded IPhones would cost over $US3000 if Apple even spent $Billions setting up a US factory.

Everything Trump has done to date will hurt American consumers..$Trillions lost on the stock market & threatened increased prices for groceries & goods if proposed tariffs go ahead. How will our governments respond to try and avoid us being hit badly?

Well it certainly sounds bonkers, doesn't it? Next.

It's CNN of course it's bonkers JK.

Apparently Russian State TV has congratulated Trump for wrecking the US economy and says they should build a monument to him.

This professor of marketing at New York University likens tariffs to bleeding people with leeches as a medical "cure".

From what I can gather the market drops will only affect boomers, who put bought shares in one thing rather than indexes.

Shares are no different than betting on horses.

There are other phones besides iPhones, I wouldn't be surprised if America made their own phones and at a cheaper cost.

I agree if you are buying an iPhone every year other year you are a moron!

RFK jr says the stock market is crashing as investors aren't getting enough fatty acids and should drink cod liver oil.

The US Administration is in safe hands.

So there's now to be a moratorium on US tariffs for 90 days but China is hit with 124% while it responds with a retaliatory 84% which will send US prices soaring for consumers.

Mexican imported avocados and bananas should be OK though for now.

One might think there was a deliberate crashing of the market followed by a soaring rise in a few days with people making absolute fortunes.

I wonder which lucky billionaires in Trump's inner circle hit the jackpot?

Still all does not seem well in that inner circle with "counselor" (sounds so much like a Mafia consigliere)to Trump Peter Navaro attacking ex de-facto president Elon Musk as being ignorant and just a "car maker" while Musk responded calling Navaro "dumber than bricks" on X.

Only the best.

The Daily Mail has published a report on IPhones that basically confirms the report published by the dastardly CNN.

Why Trump just made EVERYONE'S iPhone more expensive. The truth about how much more it could cost. And can the most complex supply chain in history really be relocated to America?

www.dailymail.co.uk/news/article-1458845...located-America.html