Fareed’s Take: Trump’s tariffs upended a booming economy

CNN’s Fareed Zakaria, host of “Fareed Zakaria GPS,” takes a look back at the US economy over the years as he offers a “startling set of parallels” between the period of the Smoot-Hawley tariffs and today. #CNN #News

[gingerkilkus]

I think one of the biggest misconceptions is that Trump's tariffs only affect big businesses. It's not that simple—these tariffs can trickle down to everyday consumers, impacting the prices of goods we buy regularly. I made the mistake of assuming tariffs were just a "big business problem" until I noticed my grocery bill creeping up.

[mydressmemos]

People try to predict the economy not realising it is not a capitalistic market, its a command economy, central planning! my concern is, instead of having much dollar in bank that could lose value to inflation, do I save in gold to reserve and grow wealth for now, or just hang on?

[tonysilke]

The Trump legacy, full of tariffs and trade restrictions is killing the market. Post election, is one of those things that could really contribute to portfolio growth and vice versa. I've been going hard with my investments this year and have been able to build up to 180k, Are there tips I could apply to help me grow my portfolio even more during this recession season

[joevuzekaz]

Fareed is one of the few people who can make me watch CNN

[MJfplx]

JD Vance was out of line calling them as Chinese peasants. This isnt a highschool gym. You can't disrespect another nation and expect them to make deals. Jensen Huang went to china to make diplomatic deals. The businessmen are making diplomatic deals while the diplomats and politicians are making business deals and tariffs

[barryzari]

Fooled you once, SHAME on him. Fooled you twice SHAME on you. You voted him President TWICE. You deserve him.
.

[terrencekane]

Putin: I need you to immediately destroy the US economy.
President Donald Krasnov: Yes, Komrad.

[georgesuarez]

This bright mind of knowledge, journalist and writer is what American people need for information in today's chaos of government.

[gillestrudeau]

Youre heading not for a récession but a depression.

[eleegs]

I disagree about nostalgia. It’s more about ignorance and lack of education

[applerunner]

Wow, a really intelligent take on the present by drawing a parallel to the past. It is scary!

[gasovensforqcult]

Fareed's take on international trade is spot on. Might be his best reporting. As a student of international trade I can see he has a solid understanding of the history of American jobs

[richardm]

"I can tell them anything and they'll believe it. Anything." - Trump talking about MAGA, who he thinks are fools.

[DanielPrice-wz]

Fareed is an excellent journalist. I love his in depth reporting.

[EDUARDO-bjwf]

If Trump tells his supporters that Cows lay eggs and Chickens make milk.They will believe it ....

[HPLeft]

Great take. Fareed's been a voice of sanity and clarity throughout on this issue.

[KlimeKovaceski]

A demagogue, demagoguing demagoguery like it’s an Olympic sport.

[RedPhroggz]

Everybody said Trump as president would be an unmitigated disaster likes of which never seen before. Never underestimate the stupidity of the American voter.

[bangkokrichard]

In a desert of anti-intellectualism, Orwellian double talk, gullibility, and lies ... there is an oasis of truth created by Fareed Zakaria, Thank you!! 🏝🏜🏝

[john-swc]

I worked out that I spent approximately $5200 on US goods and services last year. This year I am boycotting everything US, so my total spend this year will be $0.00. Like hundreds of millions of my fellow Europeans, we will not be funding fascism or anything vaguely resembling it. Adios Trump & Musk.