Tariffs Dooms America to High Inflation

[Zoe]

Trump can't take care of healthcare like he promised, however Trump administration can propose $10 billion bailout to farmers hurt by Tariffs.

https://www.cnn.com/2025/10/05/business/farmer-bailout-trump-tariffs

China has quit buying soybeans. I don't know what else. Looking like Trump is real intelligent on tariffs.

 

[Fernando]

Trump can't take care of healthcare like he promised, however Trump administration can propose $10 billion bailout to farmers hurt by Tariffs.

https://www.cnn.com/2025/10/05/business/farmer-bailout-trump-tariffs

China has quit buying soybeans. I don't know what else. Looking like Trump is real intelligent on tariffs.

American farmers lost a big buyer. China has gone to alternative countries for the purchase.
American farmers will need $10 billion bailouts for years until they can grow another crop.

 

[Fernando]

MSN

Trump’s tariffs may be bringing in a lot of revenue but they’ve also been a ‘tax on capital, so far,’ top economist says​

President Trump’s tariffs, highly touted as a lever to boost American industry, are now emerging as a substantial tax on business—putting pressure on corporate profits, labor markets, and prices, according to Morgan Stanley’s chief economist. Michael Gapen draws a striking conclusion in his Monday research note, US Economics Weekly: “Tariffs have been a tax on capital, so far.”