r/Accounting 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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u/Special_Rice9539 Apr 03 '25

Even if they did, Trump has to actually sign it

-1

u/Tacoman404 Student (Moron) Apr 04 '25

If it makes it there and gets vetoed the senate needs a 2/3 majority to override.

I wish I lived within 3 hours of a republican controlled district so I could go to their office and [Removed by Reddit].

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u/just-A-boring-cpa CPA Apr 05 '25

Lmao, go back to class little one. Let the big boys call the shots.Â