Lunatic Trump is as good as bankrupting everyone including all the billionaires that supported him. Musk has lost hundreds of billions, and his Tesla empire is collapsing. The tech billionaires are also losing hundreds of billions. And trillions have been wiped off from the American investors in the stock market. Trump himself lost $500 millions in a week.
That is not all. European allies, colonies like Japan and South Korea were also hit and in fear of their economies collapsing. Countries around the world were also hit badly but more insulting is rogue Trump denigrating their leaders, calling them arse kissers, all queuing to kiss his arse. How many of these leaders are doing that or would dare to go to Washington and be seen as being there to kiss Trump's arse? This is very rude, uncouth and unbecoming of a state leader. The Americans proudly and officially insulted Lai Ching Te by announcing that Taiwan is the first country to go to Washington to kiss his arse.
The most impactful consequences of Trump's tariff war are the American farmers and American people. Their hardwork, their produces are as good as being shut out from the Chinese markets. Many will go broke, bankrupt because of this lunatic they voted into power. Then there are the average Americans living from paycheck to paycheck. How are they going to pay for essential items that would now cost double of what they used to pay? A dozen eggs cost US$6 or 50c a piece. In Singapore, a dozen large eggs cost S$3.40 or less than US$2. These average Americans could barely make ends meet but are forced to cough out another $5000 a year to pay for more expensive basic needs. Where are they going to find the money? This crazy tariff war is not going away tomorrow.
The plight of the average Americans is just beginning. Not only that prices would be more than double, but many goods would no longer be available, especially the good and affordable stuff coming from China. The $145 billion exports to China would freeze up. The $450 billion imported goods would not come in to fill the shelves of supermarts and stores. Dump Walmart still thinks it can squeeze the Chinese sellers to lower their prices! What a joke. The average American blokes, the hillbillies, will be the hardest hit. Trump is as good as halving the value of their money, that they can only buy half of everything from the same money they have.
With many businesses going broke, Tesla is cutting jobs and cutting production, many supporting businesses would also be affected. Farmers going broke, workers losing jobs and going broke, the average American unable to feed themselves, the billionaires losing hundreds of billions, and lunatic Trump still gloating how successful is his tariff war, while the whole world turning against the American terrorists, ... is Trump making America great again or making the Americans to suffer from his lunacy?
Trump needs not feel bad about it. Some silly asses in Asean, especially those in the media and fake academics are still rooting for the Americans claiming that they trust the Americans more than China when China did not do anything against anyone. The American lies that China is stealing their jobs and cheating America are only believeable to the dullest and most thick headed hillbillies and Asean believers of white supremacy. All the American big businesses and corporations voluntarily moved to China to take advantage of China's cheap labour and cheap cost of production and made huge bucks. China did not put a gun on their heads, China is unable to do that. Still, unthinking hillbillies and silly American newscasters like Fox, CNN etc etc are selling these lies to dupe the unthinking hillbillies that will have to pay dearly for believing in their lies and the lies of lunatic Trump.