Well, howdy there, Internet people, it's Bell again. So today, we're going to talk about Trump,

EU tariffs, and what's next. So, the dust hasn't even settled from the first round of tariffs tossed

out, and Trump is already talking about the U.S. allies and trading partners he's going after next.

While speaking to reporters in the Oval Office, he said, quote,

am I going to impose tariffs on the European Union?

Do you want the truthful answer or should I give you a political answer?

Absolutely, absolutely. A spokesperson for the EU said, quote,

Across the board tariff measures raise business costs, harm workers and consumers. Tariffs create

unnecessary economic disruption and drive inflation. They are hurtful to all sides. So, to recap, Trump isn't

even finished with his first trade war, and he's starting a second. Any hope of a measured

or incremental strategy from the White House should be gone now. Even among those who think

Trump's stated justifications are valid. You don't have to be gone now. Even among those who think Trump's stated justifications are valid.

You don't have to be a strategic genius to understand that you don't voluntarily open a second

theater when the first is still very much in doubt. I'm personally of the belief that nobody

wins trade wars except for billionaires.

But even if you believe there's a victory to be had, you must admit it would be much

harder to attain that victory when the American people are paying extra for tariffs placed

on items from multiple regions. This is the type of situation that causes

Americans to pull back on spending, leading to recession. Most put the risk of that is pretty high,

just based off hitting China, Canada, and Mexico. Adding the EU will all but guarantee more inflationary pressure, leading to

consumer spending less, leading to GDP declining, leading to recession, and layoffs.

I know the Trump supporters watching this will say that's not true because Trump said otherwise during the campaign.

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