It will be difficult for Trump to get out of this one

CNN –

With his chaotic trade policy, President Donald Trump is widening in such a deep economic and political hole, he can be impossible to get out.

Wednesday morning, just after the markets spent a day subscribing from the threat of Trumps with regard to extraordinary energy, steel and aluminum prices in Canada and to destroy the country's automotive industry, Trump has placed prices on all steel and aluminum imported from all countries of the world, a policy that could increase the prices of a large range of consumer goods and industrial goods Americans. Europe immediately retaliated, adding pressure on a variety of American industries.

Wall Street has become nervous about the damage that policies could inflict even stronger but more and more bank Americas. The stocks plunged, the Nasdaq falling into the correction (a decrease of 10% compared to its recent summit) and the S&P 500 flirting with this poorly favorable territory.

Trump has received multiple escape roads and ramps out of ramps: his advisers and economic confidence of the brain, in particular the secretary of trade Howard Lunick, the secretary of the Treasury Scott Bessent and the director of the National Economic Council Kevin Hassett were frequent in the guests by cable and network, on which they called Trumps Tariff Policy and noted Negotiations on key colleagues like fentanyl and immigration.

Sometimes Trump seemed to take the index: he exploited the brakes twice on the Canadian and Mexican pricing plans, pushed the apparent date to which the reciprocal prices of a dollar for a dollar were going into force, a break from Minmis and this weekend delayed the lip and wooden wood prices which, according to him, will now become. And on Tuesday, officials from Canada and the United States agreed to meet later this week to negotiate their commercial disagreements, a potential relaxation in a commercial escalation.

But it seems that Trump just can't help himself. Just when you think he came out, he withdrew. Trump has become addicted to prices due to the type of concessions that he can draw from it: in exchange for a threatening social media position and a promised meeting, Ontario has moved away from punishing electricity supplements.

The president is in a tight place, and each rate (or threatened price) makes his position more difficult, said Simon Johnson, professor of economics and global management at the MIT. If it continues in this direction, prices will increase and the economy will slow even more.

Wall Street, American companies and consumers have grown in fed up with routine.

Investors fear that it will become a manufactured and clean economic slowdown, said Art Hogan, chief market strategist at B. Riley Wealth Management. We do not know what is the end of the game.

If it is not prudent, Trump could seriously harm the Americas economy with higher prices that prices could inflict ironic companies and consumers for a president who was elected because the number 1 of Americans was a crisis in inflation.

For all those who voted for Donald Trump on his promise to lower prices, it will be a shock and potentially exasperating that prices have not dropped and instead, they have increased, said Scott Lincicome, vice-president of General Economics at the Cato Institutes Stiefel Trade Policy Center. I do not see economically or political to get out of this.

Inflation and enigma

But if Trump is looking for a prices victory, there is: her trade policy could shock the economy so severely that she would finally kill a problem of inflation of the Americas.

It could be a painful pill to swallow. But the president of the room, Mike Johnson, hinted on Tuesday when he defended Trump's policies as a necessary upheaval.

This is what is necessary in my mind to start the process of repairing and restoring the American economy, said Johnson. I think the strategy will work.

Consumer expenditure represents more than two -thirds of the Americas economy, and the threat of prices has already frightened the Americans. If they stop spending, they could slow down the country's economic engine and provide prices in check as demand flows.

The retailers warn who could start to occur. Walmart, Target, Kohls and Dicks have all predicted on recent income calls that consumer decline is on the horizon due to the economic uncertainty caused by Trump's pricing threats. The S&P 500 Retail Index (XRT) was 52 weeks lower on Tuesday.

Delta reduced its profits forecast on Monday after warning that economic uncertainty led potential leaflets to reconsider their travel plans. And a key measure of the uncertainty of small businesses has reached the second highest level since 1973, according to a report from the National Federation of Independent Affairs on Tuesday.

To be clear: a recession is not at the corner of the street, but threats are increasing. Goldman Sachs increased his chances of recession to one in five. And former secretary in the United States of the Treasury, Larry Summers, told CNN on Monday that there was a real possibility of a recession caused by a massive uncertainty about Trumps' policy.

The just announced prices on Canadian steel and aluminum are the worst trade policy to date. Increase the price of keys for American manufacturing industries that employ 10 million people what an American opponent does, Summers published on X on Tuesday. It is a self-inflicted injury to the American economy.

No one wants a recession. But if we were to occur, the benefit, if there was one, could be that the crisis of persistent inflation of the Americas could be resolved.

It is difficult to want a recession, but I think it is the only way that prices are not inflationary, said Liscio reports Philippa Dunne. This is such a sad situation because people who have trouble and voted for him will be injured.

Trumps aid have minimized recession fears, rather suggesting that new prices will lead to momentary disruption while world trade is realized towards the United States.

The White House press secretary Karoline Leavitt defended Trump's prices on Tuesday as necessary to save the American economy.

Prices are a tax reduction for the American people, she said during a press briefing, arguing that prices are necessary to bring production to the United States and punish the countries that have benefited from the United States in the past.

But if Trump continues to pass ramps out of ramps, he may have little choice.

The reality is that Trump got attached to prices. He pushed the prices in the foreground. The cake is cooked unless the prices disappear, said Lincicome. But the only way in which inflation falls from all this if we give a gift in a recession.

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