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COMMENTARY: U.S. Economy Will Suffer Under Trump Tariffs

Don’t expect the president to assume responsibility.

7 Articles

Eldiario.esEldiario.es
Reposted by
elDiarioARelDiarioAR
Lean Left

The latest inflation and employment data reflect the incipient impact of the new trade barriers, and point in a direction contrary to the "golden era" promised by the president

·Spain
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Telemundo Nuevo MéxicoTelemundo Nuevo México
+2 Reposted by 2 other sources

Donald Trump had everything ready to begin officially applying higher import taxes to dozens of countries on Thursday, just as the economic repercussions of months of tariff threats have begun to cause visible damage to the U.S. economy. The White House reported that since midnight, goods from more than 60 countries and the European Union would face tariffs of 10% or more. EU, Japan and South Korea products will have a 15% tax, while imports fro…

Last week, the tech megacorporations—the so-called Magnificent Seven—reported their latest financial results. They appeared to be "stunning." They painted a picture of a booming economy, supporting President Trump's claim that the United States "is the hottest country in the world." (He wasn't referring to global warming.) At the same time, Trump announced his latest round of tariffs on foreign goods exports to the U.S. The U.S. stock market rem…

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  • 50% of the sources lean Left, 50% of the sources are Center
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Eldiario.es broke the news in Spain on Wednesday, August 6, 2025.
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