Donald Trump’s reckless trade war is wreaking havoc on the U.S. economy, with the Federal Reserve now estimating a first-quarter GDP decline of 2.8%. This marks a staggering 5.1% downward swing from its previous projection of 2.3% growth—a direct consequence of Trump’s destructive tariffs.
From Growth to Collapse: How Trump Wrecked the Economy
Just weeks ago, economists and policymakers were optimistic about steady economic growth. But Trump’s new wave of tariffs, including:
- 25% tariffs on Canada and Mexico
- Increased tariffs on Chinese goods to 20%
have sent shockwaves through the markets.
The Dow Jones Industrial Average has plummeted over 1,300 points in just two days, while the S&P 500 and Nasdaq have suffered heavy losses. Businesses are slashing growth forecasts, and consumer prices are expected to rise sharply as tariffs drive up costs.
The Ripple Effect: Higher Prices, Job Losses, and Economic Uncertainty
Trump’s tariffs are nothing more than a tax on American consumers and businesses. With supply chains disrupted and trade partners retaliating, the impact will be felt across all sectors:
- Higher costs for groceries, gas, cars, and housing
- Lost jobs in industries dependent on trade
- Soaring inflation and reduced consumer spending
- Diminished global trust in the U.S. as a stable economic leader
“The tooth fairy doesn’t pay tariffs,” legendary investor Warren Buffett warned. “They’re a tax on goods.”
“Everything Trump Touches Dies” – The Economy is No Exception
The numbers don’t lie. Under Trump’s leadership, what was supposed to be a thriving economy is now teetering on the brink of recession.
Instead of strengthening America’s global position, Trump has isolated the country, alienated allies, and sparked a trade war that nobody wins. While his MAGA supporters were promised economic prosperity, they’re now facing higher costs, job insecurity, and financial instability.
America was warned. Now, everyone is paying the price.
