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REDDIT

The China tarrifs are not the only one

M
May 12, 2025 · 17:50

I get why people are celebrating the China tarrifs being mostly put on pause for 90 days(or whenever Trump changes his mind or tries to prove he did not just pussy out) but those are not the only thing stressing our economy, or the only tarrifs being enacted.

Yes, if the China tarrifst stayed on for anything above 60% it probably would have swiftly led to an economic collapse that everyone would have felt, but now we still have baseline 10% tarrifs on everyone thats seems like its not going anywhere,, 25% on steel and aluminum, and 25% on car and car parts. Not to mwntion the canadian and mexican tarrifs, yhough il be honest, I don't know what falls under the exemption. These are real, these will affect the economy, these will cost jobs and business, and these will make everyone pay more for everyday lives.

The economy is not going to collapse today or tomorrow, and it's most likely not going to completely crash overnight(unless Trump again does something ridiculously moronic). But we are a long way away from everything being okay.