Billionaire businessman Mark Cuban warned on Bluesky that President Donald Trump’s aggressive tariffs, coupled with DOGE cuts, could lead to long-term economic harm worse than the 2008 financial crisis. Cuban criticized Trump’s trade plan, suggesting that the combination of policies may result in a severe economic crisis. Despite acknowledging short-term pain, Trump’s tariff plan has led to stock market declines and consumer uncertainty, with experts warning of higher prices for various goods.
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Countries will follow Trump imposing tariffs on China: Gordon Chang
China analyst Gordon Chang predicts that other countries will follow President Trump's lead in imposing steep tariffs on Chinese imports after the U.S. implemented a 125% tax on Chinese goods. Chang expects tariffs on Chinese goods to rise worldwide as countries defend their markets from potential product dumping, despite Trump's 90-day pause on reciprocal tariffs. He also emphasizes the strategic benefits of moving manufacturing away from China and bringing critical industries back to the U.S....
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