February 2025

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So in the end, it seems he wizened up a bit and didn’t actually go through with it. Seems he doesn’t want to be the President overseeing the worst inflation price gouging in American history.

A table with two columns, the first labeled "Scenario 1 — 20% Universal Tariffs and 60% China Tariffs" and the other labeled "Scenario 2 — 25% Canada and Mexico Tariffs and 10% China Tariffs". The first column under the row "GDP" has -1.3%, under the row "Capital Stock" has -0.3% and under "Pre-Tax Wages" has 0.0% and under the row "Full-Time Equivalent Employment" has -1.1 million. The second column under the row "GDP" has -0.4%, under the row "Capital Stock" has -1.4% and under "Pre-Tax Wages" has 0.0% and under the row "Full-Time Equivalent Employment" has -330 thousand. Finally, in a side section it shows that the vast majority of damage in the second scenario comes from Canada and Mexico instead of China.ALT

(Scenario 1 is his promises, Scenario 2 is what he actually ordered to be done.)

I mean, it’s still going to be horrible, horrifying that he is targeting US America’s closest neighbors really, but not nearly at the economy shattering levels that he promised.