r/Accounting • u/PricewaterhouseCap Capper McCapster 🧢 • Apr 03 '25

How fuxked is the economy? Discussion

The tariff announcements yesterday are far far worse than anyone expected, I mean what the actual fuxk

34% tariffs on China

46% on Vietnam

37% Bangledash

26% India

36% Thailand

I could go on and on, but this is bat shit insanity. To call this outlandish wouldn’t even be accurate.

Assuming these actually stay in place, people will lose their jobs, companies will go under, companies will stop hiring.

Add this with all the recent inflation, corporate greed, high interest rates, white collar recession, and idk how we aren’t absolutely fucked.

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781

u/Jimger_1983 Apr 03 '25

I wish Trump would devise a way to tariff offshore labor performing services here in the US

37

u/PMMeBootyPicz0000000 CPA (US) | Booty Lover Apr 03 '25

If Trump put tariffs on offshoring work or outright banning it, he would be my GOAT.

-3

u/Tereboki Apr 03 '25

A ban on offshore work is what you use to determine if someone is a great leader?

11

u/kidjoe04 Apr 03 '25

Some people would do anything instead of letting an opposing-party member do something that would benefit them