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A comment on China Raises Tariffs on US Goods to 84% as Rift Escalates. Parent comment

Re:China Raises Tariffs on US Goods to 84% as Rift Escalates by pton_xd on Wednesday April 09, 2025 @09:49AM (#43632081)
The stock market was going gangbusters. Inflation and job market have been not so great the past few years.
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Re:China Raises Tariffs on US Goods to 84% as Rift Escalates by jghn on Wednesday April 09, 2025 @10:14AM (#43632394)
And what makes you feel that inflation & job market are about to head in a better direction?
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Re:China Raises Tariffs on US Goods to 84% as Rift Escalates by crazygringo on Wednesday April 09, 2025 @10:52AM (#43632814)
Exactly. Tariffs are inherently inflationary, and make the economy less efficient which lowers wages, since workers will now be moved to less productive jobs. And unemployment has been low, so this isn't about lowering unemployment either...
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