Trump aides draft tariff plans as some experts warn of economic damage

[human1234]

Trump imposes new tariffs of 15 percent, the economy will slow to an annual rate of just 1 percent by year end, according to Goldman Sachs, which sees a greater than 1-in-3 chance of a recession in the next year.

“The risk from April 2 tariffs is greater than many market participants have previously assumed,” the bank’s economists said in a March 30 client note.

Most forecasters expect comprehensive tariffs to slow the economy while raising the unemployment and inflation rates. Like Moody’s, EY Parthenon says 20 percent universal tariffs would produce a recession.

Zandi of Moody’s sees unemployment peaking at 7.3 percent in early 2027 and remaining near 6 percent through 2028. Stocks would lose one-quarter of their value, and more than 5 million jobs would be lost by early 2027, said Zandi, who described the results as a worst-case scenario.

By raising prices, tariffs would disproportionately hit lower-income consumers and businesses that rely on imported components. Profits and productivity would slide.

“I’d brace for impact,” Zandi said.

[human1234]

https://www.washingtonpost.com/business/2025/04/01/trump-tariffs-draft-recession-projection/

[human1234]

This is scary

"Zandi of Moody’s sees unemployment peaking at 7.3 percent in early 2027 and remaining near 6 percent through 2028. Stocks would lose one-quarter of their value, and more than 5 million jobs would be lost by early 2027, said Zandi, who described the results as a worst-case scenario"

 

[HugoStrange]

my prediction if he goes with 20% tarrifs and does not remove it by end of year, market will be halved by November

[Anta Assamey]

14 minutes ago, HugoStrange said:

my prediction if he goes with 20% tarrifs and does not remove it by end of year, market will be halved by November

Vadi bonda...Within 1 month sagam mandiki discount istadu ...wait and watch...

[HugoStrange]

1 minute ago, Anta Assamey said:

Vadi bonda...Within 1 month sagam mandiki discount istadu ...wait and watch...

anduke kada kaka, if he does not remove ani disclaimer petta

[Sucker]

1 minute ago, Anta Assamey said:

Vadi bonda...Within 1 month sagam mandiki discount istadu ...wait and watch...

Correct just bullying gaadu. Vaadu yehdo pedha biz man la cutting 10ngutharu vadu pans but  chusthe lopala bokkal daayer ne vaadu wealth kuda. Inka country ni rich chesthadu anta money print chesindhe aa munda 

[human1234]

2 minutes ago, Sucker said:

Correct just bullying gaadu. Vaadu yehdo pedha biz man la cutting 10ngutharu vadu pans but  chusthe lopala bokkal daayer ne vaadu wealth kuda. Inka country ni rich chesthadu anta money print chesindhe aa munda 

I hope you are correct but I doubt it because

Also he wants to remove taxes on social security, tips, etc. Where is the money for all of this?

[Sucker]

3 minutes ago, human1234 said:

I hope you are correct but I doubt it because

Also he wants to remove taxes on social security, tips, etc. Where is the money for all of this?

MAGA anukodame. His 1sr prez was about to give tax cuts for rich same will happen. Did you see any major bill from Congress vaadi 1st term lo?  Nope. Ee term kuda yem ledhu Budget lo tax cuts rich ki anthe. Repeating but Ee sari thikka thikka EO lu veyadam constitution ni challenge cheyyadam lanti love day la muchatlu for his pans goosebumps anthe dhaniki Musk added propogonda ki WI supreme court ne 10ngadaniki trying vaadi company meedha Yedho investigation vundhi ani akkada. Madness anthe 

[Anta Assamey]

1 hour ago, Sucker said:

Correct just bullying gaadu. Vaadu yehdo pedha biz man la cutting 10ngutharu vadu pans but  chusthe lopala bokkal daayer ne vaadu wealth kuda. Inka country ni rich chesthadu anta money print chesindhe aa munda