President Donald Trump on Wednesday acknowledged that his tariffs could result in fewer and costlier products in the United States, saying American kids might “have two dolls instead of 30 dolls,” but he insisted China will suffer more from his trade war.
I don’t think most kids get 30, but is he already talking about how Christmas is going to be? Tomorrow is May 1st. That is 7 months away.
I think what he‘s trying to say is that everything will be 15 times as expensive so it‘s not that-… oh my gosh…
People are going to die in the streets due to the impact of these policies.
Not sure man, my vehicle threw a rod and I am struggling to find financing to get a used vehicle until I make the money to figure out a long term solution. Partner checked FB marketplace because I don’t have an account, I checked Craigslist, and the dealers near me can’t seem to make a loan work with $1000 down on vehicles listed at $15k. Found one car selling for under 10k, but it has 95k miles and everything online seems to say it has a 135k mile average lifespan. So when you don’t know how the people before you drove it, and it’s got a 3rd party exhaust on it, I have to assume my extremely (55-60 mile) drive to work will leave me stranded on the side of the road by the end of the year still owing money on it unless I scrape the barrel everywhere in my budget and somehow sell it for nickles in 6 months trying to trade it in for something half way better. Maybe I can get arrested when I become homeless and die in jail instead of on the street.
Go to credit unions around you and apply for a loan yourself. You shouldn’t ever rely on dealerships to find financing for you. Interest rates are awful right now but with your commute you need something reliable and fuel efficient (like a Camry or Corolla).
Yeah, I was hoping to finance a 2018 Subaru Crosstrek with 70k miles on it. Out the door was ~18. They shot that down pretty quick. I’ll figure out something, didn’t see any decent shape Toyotas around, small town
The last time I was looking (~6 years ago), banks were unwilling to offer and very judgmental about my request for a loan on a used car. They said loans were for new cars and the bank isn’t a replacement for a little financial know-how. I only went to two banks and one credit union, because I got tired of being condescended to, but the dealership said that they hadn’t heard of used car loans from a bank before (could be a lie).
Why parrot his bullshit in the headline? China will not suffer as much as the US. This is such bullshit.
Because that’s the eye-catching part of it? The ridiculous quote is why we’re here.
American kids might “have two dolls instead of 30 dolls,”
Operating on the assumption that most households aren’t buying their kids 30 dolls (and those that do are probably going to be under the least economic pressure to cut spending), if American households actually cut spending on their kids by a proportional 93% of whatever they were going to spend, I expect that midterms are going to be interesting.
The wife and I have cut about that much of our spending, not including rent and bills. Major ports are already showing a 30 percent drop on imports. And not to mention that most of our farmland is either corn or soy. Pretty sure the majority of corn is used for ethanol and soy is exported. Other countries won’t buy our exports and we won’t by our own products. I’ve worked in manufacturing, American made is as bad as the “cheap” Chinese shit we complain about, only significantly higher priced.
Almost everything we buy is from china including MAGA goods. This moron does not have a clue
