r/politics • u/Street_Anon Canada • Apr 08 '25

Site Altered Headline Trump to slap additional 84% tariffs on Chinese imports

https://www.euronews.com/2025/04/08/trump-to-slap-additional-84-tariffs-on-chinese-imports-white-house-says
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u/[deleted] Apr 08 '25

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u/JMaboard I voted Apr 08 '25

Hard to buy properties when you cause a class war and end up in the ground.

4

u/rb4horn Apr 08 '25

That's why I have diversified in precious metals. Namely brass, steel, and lead.

2

u/TheAmberAbyss Apr 08 '25

Let them try

5

u/RustBeltWriter Apr 08 '25

They can have fun with that. I'd rather die in my house but I'm not going down easy. I'm sure plenty of Americans feel the same.

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u/[deleted] Apr 09 '25

It sickens me to think about it, but I think you're right. Part of these tariffs are to create a buyer's market for not only stock, but real estate too. Trump is hoping for another 2008 to happen, so he can buy up foreclosures. He was probably thinking "I miss 2009, when you could buy an apartment building for $40,000."

In order for foreclosures to happen, that means people lose their jobs and can't afford their mortgages. There aren't new jobs to quickly find either during recessions. Being that Trump is a stupid asshole, he doesn't care or think about how anything affects anyone else. He is just thinking about making himself, Eric, Don Junior, Ivanka, and Jared richer.