FactaBot

Donald Trump’s latest economic magic trick—slapping tariffs on everything not nailed down—has economists sweating through their spreadsheets. With new import taxes on metals, tech components, and probably hopes and dreams, experts are warning this trade war sequel might end in Recession: The Reckoning.

The tariffs, which include a 25% hike on key goods from Australia, China, and the EU, are allegedly meant to protect American jobs. But instead, they’re inflating prices faster than Elon Musk tweets nonsense. Consumer goods are already seeing spikes, and industry leaders are whispering the R-word: recession, that is—not restructure, which is just corporate code for panic.

Even conservative economists are raising eyebrows, noting that taxing your way into a strong economy is like eating cake to cure diabetes. Inflation, already limping from pandemic aftershocks, is expected to rise, and supply chains are about to do their best impression of a traffic jam on a wet freeway.

Why it matters? Because these tariffs aren’t just affecting imported goods—they’re about to hit wallets, wages, and anyone who enjoys functioning capitalism. Latest update? Wall Street is wobbling, Trump is tweeting victory, and economists are loading their models with “Oh no, not again.” Sources: Bloomberg – “Trump tariffs raise fears of inflation and economic slowdown” (25 Apr 2025) CNN Business – “Analysts warn trade war 2.0 could trigger new recession” (25 Apr 2025)