Trump faces storm clouds on the horizon as he faces pressure from business interests and Elon Musk. Business interests may be the only guardrails Trump will face challenging his priorities. To Trump, what matters to him is what the stock market is doing. If that begins to tank due to inflation rising again, maybe he might begin to see the folly of high tariffs and immigration policies causing a labor shortage as he tries to live up to his campaign policies to mess with both. https://www.cnn.com/2024/11/
Update 12/14/2024 .If there was one issue that tipped the election to Trump, it was his promise to lower grocery prices. He made a big deal of it in his campaign, he promised he would, polls confirmed that was the reason he won, and now he is already admitting he will have a hard time rolling back grocery prices. In fact, the likelihood that grocery prices will inflate will be due to his tariffs on imports from Mexico and a labor shortage from farm to processing caused by mass deportations. https://www.yahoo.com/news/donald-trump-already-walked-back-221600205.html
Trump says it will be 'hard' to bring grocery prices down. Here's why. Already, Trump is blaming Biden, not COVID-19, not supply chain mess-ups, empty shelves, or stimulus checks causing more demand than supply. As Biden leaves office, grocery price inflation had been near zero for the past year. However, if grocery prices go south, tariffs and immigration will be to blame,. The message must be more than "we told you so," but to tie it to Trump's own actions and deserved blame for whatever happened on his watch.
The other issue that motivated some to vote for Trump was the price of gas at the pump and his promise to make that cheaper. That one will not happen either. Drill baby drill might make oil patch oligarchs righer, but not the rest of us:
Another reason why drill baby drill will not reduce prices at the pump. Gist of the article: supply and demand are set internationally so that even producing more oil will not affect prices at American pumps.. The US does not control oil supply and demand and any extra oil we produce may be offset by less drilling in another country. https://www.msn.com/en-us/money/other/why-trump-s-plan-to-drill-baby-drill-is-unlikely-to-cut-gas-prices-and-fix-inflation/ar-AA1vTbWR?
There are other reasons drill baby drill will not reduce prices at the pump: We do not have a shortage of crude oil, but oil patch already has leases with oil for the next 40 years. What they really want is to remove environmental restraints so they can increase their profit margins, but that will not20 affect gas at the pump either. MUFTIC FORUM BLOG: The BS of "drill baby drill"; makes unnecessary
Update 12/20/2024: Wonder why the EU was left out of the Trump threat to raise tariffs on imports? It was rumored the EU threatened to block energy/gas imports from the US as a retaliation to tariffs on their exports to the US, setting off the US gas industry. Trump listened. This is how Trump couched it in terms of a trade-off to bring down the trade imbalance and make him look like the ultimatum was his ultimatum tat is as advantage to the US.. https://www.cnbc.com/2024/12/20/trump-says-european-union-must-buy-us-oil-and-gas-in-trade-ultimatum.html Here is how the spin is being positionedby Trump for the benefit of his MAGA's ears . Donald Trump Threatens Europe With Tariffs - Newsweek Unknown if there will be any impact on the US consumer in righting a trade imbalance, but they will avoid having high tariffs passed on to them for European imports. Medicinal and pharmaceutical products, motor cars and motor vehicles are the major items US imports from Europe.
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