
Thursday, April 03, 2025 by Finn Heartley
http://www.progress.news/2025-04-03-trumps-tough-trade-move-short-term-pain-for-consumers-long-term-victory-for-us-workers.html
The Trump administration has announced aggressive new tariffs targeting China, the European Union, and several other nations, with rates as high as 54% on Chinese goods. The move, framed as a negotiation tactic to force fairer trade terms, has economists and industry analysts warning of immediate price spikes on consumer goods—from electronics and clothing to household essentials—while domestic manufacturers may stand to benefit.
The policy, unveiled this week, imposes reciprocal tariffs, matching or partially offsetting the levies other nations already place on U.S. exports. For example, China currently slaps a 67% tariff on American goods, prompting Trump to impose a 34% tariff in response—on top of existing duties, bringing the total to 54%. Similarly, the EU’s 39% tariff on U.S. products has triggered a 20% U.S. counter-tariff.
While the administration argues the tariffs will pressure trading partners to lower their own barriers, critics warn of near-term economic turbulence. “This is a high-stakes game of chicken,” said trade analyst Mark Thornton. “Consumers will feel the pinch first—higher prices on everything from appliances to apparel—before any potential renegotiations bear fruit.”
Retail giants like Walmart and dollar stores, heavily reliant on Chinese imports, are expected to pass costs onto shoppers. Meanwhile, domestic manufacturers—particularly in sectors like steel, tools, and agriculture—could gain a competitive edge. “U.S.-made goods suddenly look a lot more affordable,” noted industry consultant Laura Dawson.
The tariffs arrive amid escalating geopolitical tensions, including the looming threat of U.S. military action against Iran—a scenario that could further destabilize global supply chains. Combined with the trade measures, experts fear a “perfect storm” of inflation, energy market disruptions, and retaliatory moves from Beijing.
China could weaponize its dominance in rare earth minerals or dump U.S. Treasury bonds, though analysts doubt either tactic would cripple America’s economy. “Trump holds the stronger hand,” said economist Peter Navarro, a former White House trade advisor. “China needs the U.S. consumer market far more than we depend on their exports.”
The administration’s bet is that most nations will “fold within weeks” and agree to tariff reductions rather than lose access to the lucrative U.S. market. Early signs suggest countries like Vietnam and South Korea may negotiate quickly, while the EU and China could dig in.
For now, economists urge consumers to brace for turbulence—and consider buying American where possible. “This is economic shock therapy,” said Thornton. “Whether it works depends on who blinks first.”
Watch the April 03 episode of “Brighteon Broadcast News” as Mike Adams, the Health Ranger, talks about Trump’s tariff wars unleashed against nearly every nation in effort to protect American manufacturers.
This video is from the Health Ranger Report channel on Brighteon.com.
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Tagged Under: Tags: big government, China, Collapse, economic riot, economy, energy supply, food supply, inflation, money supply, national security, pensions, progress, risk, supply chain, tariffs, trade concessions, trade war, trade wars, Trump
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