r/economy 4m ago

Trump’s tariff policy is fundamentally flawed. Here’s why:

Upvotes

🔹If tariffs are good and essential, there’s no need to justify it with reciprocity — i.e., “We are doing it only because they are doing it.”

You cannot blame others for having tariffs, which you claim are wonderful economic principles.

🔹Plus, if others reduce their tariff to 0%, and you do the same, then all your rationale for tariffs just went out the window.

That is, you’re okay with a scenario of no tariff to bring manufacturing back, and no tariff revenue to replace income tax etc.


r/economy 10m ago

I don't want to work that hard.

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r/economy 18m ago

Tariffs will make sneakers, jeans and almost everything Americans wear cost more, trade groups warn

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apnews.com
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r/economy 33m ago

Trade Conflicts, Inflation, and Bitcoin: How New Tariffs (Unintentionally) Promote Bitcoin

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jbgsmining.com
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r/economy 43m ago

Gavin Newsom Urges Tariff Exemptions for California-Made Products

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r/economy 49m ago

Peter Schiff Says Nike 'Won't Build Factories' In US, They Will Sell To Countries Like China: A Much Better Strategy Amid Trump Tariffs

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r/economy 1h ago

RFK Jr.'s measles 'cure' sickens Texas kids amid outbreaks

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An administration in turmoil and lives are at stake.

It is a common misconception that because vitamins are generally good for you, large doses can't harm you. The thing is there are two forms of vitamins, fat soluble and water-soluble. The water-soluble vitamins are usually flushed from the body anywhere from 24 to 72 hours after ingestion. However, any excessive fat-soluble vitamins are stored in the liver until needed. If you ingest more than your body requires the vitamins will accumulate in greater and greater numbers until bodily functions become compromised and toxic reactions can be too numerous to record here.

Vitamin A is one of those fat-soluble vitamins and overdoses can be lethal!

Bobby Kennedy is beyond doubt the most inept of all Trumps incompetent appointees. He has no medical knowledge -- none, zilch -- yet with the arrogance of a zealot and the ignorance of a dullard -- he relies on anecdotes and old wife's tales while giving no consideration to the harm he will inflict.

Trump in now in the doldrums of his own inabilities and unwarranted confidence. He is watching as the economy he vowed to protect slips into recession as 401k's crater and the stock market trembles in fear of what Monday morning might bring.

Perhaps we all should have read the Trump/Musk Manifesto, Project 2025; it was all foretold there.

Read this:

RFK Jr.'s measles 'cure' sickens Texas kids amid outbreaks

Story by Jon Shelton • 2h • 3 min rea

Covenant Children's Hospital says it has treated several children suffering from hypervitaminosis A — or vitamin A toxicity

© Mary Conlon/picture alliance

This article may be potentially distressing to parents with children.

West Texas has been gripped by a measles outbreak for the past several weeks and as a result of misinformation passed on by Health and Human Services (HHS) Secretary Robert F. Kennedy, Jr., it now faces a second, related health problem: Vitamin A toxicity — or hypervitaminosis A — in infants and children. The situation appears to be the direct result of bogus medical information pedaled by the vaccine-skeptic secretary himself. Kennedy recently said that although the measles vaccine is the best defense against the highly contagious and potentially fatal infection, he emphasized that getting inoculated was a "personal choice."

Kennedy, whom President Donald Trump appointed to be the nation's top health advisor, suggested, "vitamin A can dramatically reduce measles mortality," or even prevent measles infections.

Kennedy recently directed the US Centers for Disease Control (CDC) to update measles guidance to promote vitamin A use in fighting the infection. In early March, the CDC's top communications officer, Thomas Corry, cited Kennedy's slow response to the West Texas outbreak and his embrace of so-called "alternative measles treatment," as the reason for his resignation. Numerous other CDC and HHS officials have resigned since Kennedy took over, more health workers still —so far at least 10,000 — have also fallen prey to Elon Musk's cost-cutting measures.

In all, HHS has lost a quarter of its workforce.

Though Kennedy and the CDC suggest vitamin A should only be taken under doctor's supervision, West Texas parents are apparently giving their children so much of it that they are now being admitted to hospital emergency rooms. Among other remedies, Kennedy has claimed that cod liver oil, which is rich in vitamins A and D, "works" as a treatment against measles.

Although vitamin A may be given to measles patients who suffer malnutrition-related vitamin A deficiencies, there is no evidence suggesting that it is effective in preventing measles.

And even though it is known that excessive cod liver oil consumption can have serious negative health consequences, demand for it has exploded in West Texas, with pharmacies saying, "it's flying off the shelf."

Covenant Children's Hospital in Lubbock, Texas, has said it has treated "fewer than 10 cases" of vitamin A toxicity over the past couple of weeks. Administrators say the children were initially admitted with measles symptoms but later determined to have had abnormally functioning livers as a result of vitamin A toxicity.

Doctors at Covenant are publicly warning against excessive vitamin A intake, saying that it could lead to severe side effects such as dry skin, impaired sight, bone problems and liver failure.

The Texas Department of State Health Services (DSHS) on Friday said that it had recorded 481 cases of measles since January. The number of nationwide measles cases stood at 607 as of April 4, according to the CDC. Measles — a highly contagious respiratory infection that spreads when an infected individual sneezes, coughs or speaks, as well as when people touch their eyes, nose or mouth after contact with a contaminated surface — was declared eliminated in the US in 2000 thanks to decades of sustained mass-vaccination campaigns.

According to the CDC, the only effectively proven method of preventing measles is the MMR (measles, mumps and rubella) vaccine, which boasts 97% efficacy.

In February, the Texas DSHS confirmed the death of a "school-age child who was not vaccinated" and who had "tested positive for measles" when she was hospitalized.

It was the first confirmed measles death in the US since 2015.

https://www.msn.com/en-us/health/other/rfk-jr-s-measles-cure-sickens-texas-kids-amid-outbreak/ar-AA1ClULq


r/economy 1h ago

🚀 Wall Street Radar: Stocks to Watch Next Week - 06 Apr

Upvotes

Updated Portfolio:

CI - The Cigna Group

Complete article and charts HERE

In-depth analysis of the following stocks:

  • CELH - Celsius Holdings
  • TRVI - Trevi Therapeutics
  • TMDX - TransMedics Group Inc.
  • NBIS - Nebius Group NV
  • PAGS - Pagseguro Digital Ltd

r/economy 1h ago

Never been a truer statement

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r/economy 1h ago

Can the Fed tame Trump’s tariff tempest with a rate cut gamble?

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r/economy 1h ago

Jaguar and Land Rover finally stop shipments to the USA. Maybe Trump is onto something after all?

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Photo above - This is what the world's coolest soccer mom drives. The Range Rover SV "Carmel Edition", $345,000. As of yesterday, it's no longer being exported to America.

I hadn’t thought that far ahead – to predict which automaker would back away from the US completely. If I HAD been asked to guess, I would have said something like Fiat or Alfa Romeo – very low sales numbers. But they’re part of the giant (but troubled) Stellantis. Ferrari? Lamborghini? Nope, the first player to fold in this poker game was Jaguar/Land Rover. They sold around 100,000 units in 2024, depending on whose story you believe (statistics vary). Anyway, they’re out. See link below.

I was concerned that genteel British craftsmen sipping Earl Grey tea and noshing on cucumber sandwiches during break time at Jaguar factories might start getting pink slips. Then I checked further, and of course most of them were let go quite some time ago. Jaguars and Land Rovers are now churned out in factories located in China, India, Brazil, and Slovakia. Some are still made in the 2 remaining UK factories. But if you’re driving one, you need to check the window sticker to find out where it was bolted together.

There is another reason normal people might not care if Jaguar Land Rover heads for the door: those things have possibly THE LOWEST build quality - slash - highest defect rates in the industry. There is no breakdown on where the problem cars come from. Just keep in mind that JD Power and Consumer Reports are constantly waving the caution flag on those brands.

If you own a Jaguar/Land Rover dealership (Like “Jaguar of Tampa”, not too far from me), you’re probably seeing your life flash before your eyes right now. How fast can you pivot to Audi or BMW? Better call right away . . . a bunch of other Jaguar dealers will probably have the same idea and pick up the phone too.

If you actually OWN a Jaguar or Land Rover (like some well-to-do Florida retirees), you have to start worrying about where you now get oil changed. Jiffy Lube probably doesn’t stock those special oil filters. Then there are brakes, shocks, piston rings, and valve trains . . . all implicated in Jaguar’s 9th circle of hell unreliability scores.

Just so you know, President Trump does NOT own a Jaguar or Land Rover. But he does have over a dozen cars, including recent both a vintage Mercedes S 600, and a Rolls Royce Phantom. Hey, maybe Rolls Royce will be the next brand to flip us the bird, and leave? Americans only bought 5,000 of them last year. And there’s only 40 dealers. Let’s do the math. Each dealer sells 10.4 cars per month on average. Maybe their breakup letter to us is already in the mail?

I’m just sayin’ . . .

upi jaguar land rover - Search News


r/economy 1h ago

Stop passing the buck onto us…

Upvotes

Hey big corporations and rich people. I think its about time that yall take the hit for the American people. The tax payers prop you up every time you make a bad financial decision and its about time you return the favor. You can afford to not profit a few billion but some cannot afford groceries.


r/economy 1h ago

The US withdrew itself as the center of commerce; what new blocks will emerge?

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r/economy 1h ago

After tariff shock, Trump may weaponise finance against allies

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r/economy 2h ago

GPT-4.5 passes Turing Test

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1 Upvotes

r/economy 2h ago

Betting on the Pivot: Markets Don’t Believe the Fed’s Tough Talk

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1 Upvotes

The yield gap between the 2-year Treasury note yield and the fed funds rate is still inverted, and while it’s not as deeply negative as the "panic" zone of 2023–2024, that doesn’t mean things are fine. Investors are clearly betting that the #Fed will have to return to #QE and resume cutting rates sooner than expected. Why? The #economy’s looking shakier by the week, with #TrumpTariffs dumping fuel on the fire on the back of an already slowing economy.


r/economy 2h ago

An emerging split in the Republican ranks?

11 Upvotes

We're All Dead': GOP Senator Reacts to Trump Tariffs.

Sen. John Kennedy (R) of Louisiana (of all people) said the quiet part out loud when he implied Trump is lying through his store-bought teeth. He openly admitted the Trump Administration is adrift, victim of the currents of uncertainty and fear it itself initiated, and all the world economies put in jeopardy by the arrogance of one fool.

Some say it is just a rash gamble, but it is so much more.

This jackass with a golf ball where his brain should be, has turned our allies against us -- they can never trust us again as long as we give dictatorial power to a green card holder and blithering incompetent! Our industries are staggering under uncertainty, our 401(k)s are bleeding our retirement dreams, and rampant unemployment will soon lead to a blinding recession if congress doesn't act.

But the Republican congress as uncaring as Kennedy about the deaths of children in Texas from measles, and while are economy is shuddering in disbelief, they are passing a bill to give 4 1/2 trillion-dollar tax cuts to the already filthy rich -- money that will go into stock portfolios and never see the light of day.

Read this:

'We're All Dead': GOP Senator Reacts to Trump Tariffs.

Story by Marco Margaritoff • 3h •

Sen. John Kennedy (R-La.) wasn’t concerned enough about President Donald Trump’s steep international tariffs to vote against them Wednesday — like some of his GOP colleagues — but did scold staunch supporters of the policy with a dire warning to multiple outlets.

“In the long run, we’re all dead,” he told CNN’s Manu Raju on Capitol Hill for “The Lead with Jake Tapper” on Wednesday. “Short run matters, too. Nobody knows what the impact of these tariffs is going to be on the economy.”

Trump dubbed April 2 “Liberation Day” and announced a sweeping 10% baseline tariff on all imports to the U.S., with levies on dozens of countries set even higher. He repeated his false claim Wednesday that foreign nations, rather than Americans, will shoulder the costs. Only four Republican senators Wednesday — Rand Paul (Ky.), Lisa Murkowski (Alaska), Mitch McConnell (Ky.) and Susan Collins (Maine) — joined Democrats in voting against the emergency powers Trump is using to impose a 25% tariff against Canada.

Kennedy did not, but reiterated his concerns in a Newsmax interview later that day.

“What the president is saying is, if you want to sell stuff to Americans, move your business to America and hire Americans and contribute to our economy, don’t just sell stuff,” he told anchor Rob Schmitt. “In the long run, he’s right. But in the long run, we’re all dead.”

The Louisiana senator added that he’s heard both favorable and disastrous assessments on the tariffs from economists in Washington, D.C. but said even “late-night psychic hotlines” are more accurate in their predictions — and slammed blind supporters of the policy.

“It may not [lead to inflation] this time,” Kennedy added. “Am I predicting that it will or won’t? No. I’m going to say it again. We’re in uncharted waters and we don’t know. And anybody who tries to tell you that they know what the short-term impact is going to be is just lying.”

“Either that or they’re selling deep stupid,” he concluded.

Trump’s tariffs are a ‘negotiating tool’ and won’t be in effect ‘long term’: Republican lawmaker said.

https://www.msn.com/en-us/news/politics/we-re-all-dead-gop-senator-reacts-to-trump-tariffs/ar-AA1CfjLa


r/economy 3h ago

I’m a newbie when it comes to economics — can someone explain how Trump’s new taxes could be beneficial for the USA?

0 Upvotes

r/economy 3h ago

It looks like tariffs aren't the end goal here but bargaining chips. He's trying to force foreign nations to play fair.

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0 Upvotes

China recently responds with more retaliatory tariffs but how that's going to work? Exports to China sit around $148 billion a year. US imports from China. China exports to the US markets nearly $427 billion. In other words America imports nearly three times what they export to China. Given that dynamic who is more dependent? Who stand to lose more in a trade war the? Answer is China

If China or other countries refuse to play fair, if they act in bad faith well play stupid games, win stupid prize. What Trump is saying is if you don't want us to put tariffs on your goods then drop your restrictions on US goods and I believe that he's totally right in doing so and the countries that don't play ball well they're the ones who have the most to lose and clearly that's the angle here. And now the pressure is only increasing with countries like Vietnam now stepping up and signaling that they're open to make deals. Well the message is quite clear: China is replaceable. In fact their position is looking weaker by the minute and Vietnam is totally ready to come in and say"Look we're ready to do business and play fair." And so it's a double freaking whammy again America holds all the cards all the leverage but for some reason the media doesn't want to talk about.

He's applying pressure on important industries to foreign nations in order to get what he wants. In return and on the flip side I think there's also another goal which is breaking open foreign markets for American products. No more one-sided trade where America opens its doors to the world's industries but then the rest of the world slams the door in America's face. Trump's strategy here is actually quite simple and quite common sense drop your tariffs or face ours it's called reciprocity.

We protect and defend South Korea and in exchange they steal our automobile industry they steal our electronics industry. We protect and defend Japan and in exchange they close their market to our cars. We protect and defend Canada and they run up a massive trade deficit with us. We protect and defend all of Europe at a cost of trillions of dollars over time and what do they do they run an over $300 billion trade deficit with the United States. Why should America protect the world, send foreign aid to the world, defend the world, provide for the world, and in exchange get ripped off by every other country in the world? What do we have to show for it the de-industrialization of the heartland eradication of our industrial and manufacturing base that we need for our national security and the crushing of the American dream it has to stop all of that manufacturing all of that industry was ripped apart by our elites shipped to foreign countries and then they sent us the bill they said "You have to protect Korea, you have to protect Europe, you have to protect Canada, you have to protect Japan, we won't take your cars, we won't take your agriculture, will take away your steel industry your aluminum industry, your copper industry your electronics industry all of the national industries that you need to be secure and successful as a country.

Small Sacrifices. Big Rewards


r/economy 3h ago

downturn signal triggered back in december, sharing server messages from march top since i barely use reddit and people were calling it hindsight

0 Upvotes

Server Messages - https://imgur.com/a/0RtYGkM

(btw i added the messages because i barely use reddit and some people were clowning me on earlier posts. figured this would help show i was already calling it near the top of spy in march. i posted about it a lot in the server i’m in, so it’s not hindsight. being skeptical is fair, but the timestamps are there.)

not here to hype fear or act dramatic. i’ve built a macro-based signal over the years. it’s not about price patterns, not moving averages etc it’s a mix of economic indicators that tend to shift before real downturns start to unfold. it doesn’t show up often because the conditions it tracks just don’t come together like this very frequently.

it’s only triggered a few times in the last 20 plus years:

early 2000 before the dot-com collapse
november 2007 just ahead of the great financial crisis
mid 2015 before the 2016 earnings recession
november 2019 right before the covid crash
and now late december 2024

i didn’t sell during 2022 or 2023 despite all the noise. inflation, rate hikes, fed panic, whatever. everyone was yelling recession but my signal stayed quiet. and that told me those pullbacks weren’t the real deal. and they weren’t.

actually thought trump coming back into the picture might throw the model off. figured maybe the policy shifts or volatility might break it somehow. but no, if anything it’s proving the signal right. it’s not about politics. it’s just the structure underneath everything that’s starting to crack again.

the signal triggered back in late december. and now here we are, april 4th, and it’s fully live. i think the downturn is just getting started. based on the timing of previous signals i expect this could run from now through mid 2026, maybe even early 2027. this doesn’t look like a dip. it looks like the beginning of a full deleveraging cycle just like the ones that followed every other time this flashed.

holding spy puts for 2026 at the 330 strike and others depending on the premium . i’ve also got long dated puts on carvana and arkk and a bunch of other bloated growth names. all puts and sqqq montly calls. will post the positions if needed, i’m only day trading in this environment, with the occasional swing call when something really lines up. i’m not out here dumping everything or screaming the world is ending. just being realistic. if this model keeps doing what it’s always done, then it’s probably smart to be looking at downside protection right now. puts, hedges, whatever works for you.

for the chart itself, it’s not a single model. it’s pretty much a blend of macro indicators i’ve followed over time (few years now) and how i’ve come to piece them together. i’ve got an econ background, so naturally i’ve built my own view on how certain data fits. nothing complex or dramatic. just patterns that tend to show up before major cycles turn. how it’s put together is still interpretation at the end of the day, and i get not everyone will see it the same way. but it’s showing the same alignment now that’s been there before bigger moves in the past.

the chart’s themselves are based mostly on core economic indicators like liquidity, credit spreads, forward earnings, all the stuff that usually starts shifting before the actual cracks show up. the yield curve stayed inverted all the way through late 2024, which was the longest inversion since 1929, and every major downturn since the 50s followed that same setup. credit spreads started widening again toward the end of 2024, hit the highest in over six months, same thing we saw before 2000, 2008, and 2020. the ISM manufacturing index was under 50 for 26 months straight by december 2024, longest streak ever in the data. unemployment also started to turn, went up about half a percent from the cycle low, which triggered the sahm rule, and that one’s never missed a recession. all four of these flipped again in late 2024 but i incorporate more views of course, same as they did before every major breakdown in the last 25 years. some of the metrics are forward-looking or projected, in such I expect the fed to cut to near zero around early 27’. most of this is also relying on intuition from studying econ and tracking this stuff for a while .

not here to call tops or stir panic just sharing what i’m seeing based on how this has lined up in the past. trade safe out there.

(also posted this on other subs and got replies saying iust showed up out of nowhere and i dont ever talk about investing on reddit etc. not every post is tied to this signal, but if you check my history you’ll see, i just don’t post unless i feel like something actually matters.)

https://www.reddit.com/r/wallstreetbets/comments/1i4ifs3/comment/m7vgzel/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button

https://www.reddit.com/r/ValueInvesting/comments/1jh9rzm/comment/mj5low0/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button

https://www.reddit.com/r/wallstreetbets/comments/1i5wk8e/comment/m89k9ua/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button

https://www.reddit.com/r/ValueInvesting/comments/1i3oahu/comment/m7rndx6/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button


r/economy 3h ago

Why Japan's Workers Need Help Quitting Their Jobs

12 Upvotes

r/economy 3h ago

Economists, I built a quiz mapping people's monetary perspectives - what crucial elements might I be missing?

2 Upvotes

Hello!

I recently built an interactive assessment called Currency Compass that helps people identify their monetary worldview across different economic schools of thought (Keynesian, Austrian, etc.). The quiz maps users to perspectives based on their views on what gives money value, appropriate creation mechanisms, and other monetary fundamentals.

I'd value your critical feedback:

  1. What key monetary theory concepts might I be overlooking or oversimplifying?

  2. The quiz currently categorizes perspectives into Keynesian, Austrian, Tech Libertarian, Institutionalist, and Digital Gold Advocate. Are there important economic schools of thought regarding monetary theory that I'm missing?

The goal is educational - helping people understand different monetary frameworks and why debates about things like Bitcoin often involve people talking past each other due to fundamentally different premises.

If anyone is interested in reviewing the full assessment, I'm happy to share the link (though I understand if that's not permitted by sub rules).

Thank you for any insights!​​​​​​​​​​​​​​​​

— Link to the quiz below👇

https://jan-pq3ozew7.scoreapp.com/


r/economy 4h ago

Why would a musician join OnlyFans? Because making a living is only getting harder

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r/economy 4h ago

Europe Rises Against Trump: Global ‘Hands Off!’ Protests Sweep Berlin, Paris, London

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21 Upvotes

This will have economic implications on America. See today's market.


r/economy 4h ago

We need to start selling VR head sets with computers

0 Upvotes

I want live streaming websites to evolve that you watch them in VR but in order to have that, first we will need wide spread ownership of VR. The VR headset needs to be seen as important as speakers, mouse and keyboard.

I guess a stream could have a normal viewing mode and a VR stream mode, so you could still view it without a headset, but this is a way to level up these spaces. videos that are recorded for a 3d dimensional viewing, 3d dimensional video stream.

Especially if a person is using a character model in a virtual space.

That's a job we could have people doing, selling VR sets. People getting a return for selling VR headsets. Selling them at conventions, through people they know/word of mouth, on their social pages, or even door to door.