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    Home»Opinions»Letters to the Editor: Readers reel as Trump’s tariffs devour major stock indexes, retirement accounts
    Opinions

    Letters to the Editor: Readers reel as Trump’s tariffs devour major stock indexes, retirement accounts

    Team_Prime US NewsBy Team_Prime US NewsApril 4, 2025No Comments3 Mins Read
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    To the editor: Each economist and follower of financial historical past has been warning that tariffs are unhealthy for our nation, but the madman with the crimson tie insists on utilizing them (“Markets plunge after Trump tariffs heighten chance of a broader trade war,” April 3). I’m not an knowledgeable on worldwide commerce, however I do have a inventory portfolio that has sunk to a brand new low. No less than a number of the Republican voters, and even a number of the MAGA cult, should even have some shares. Can’t they see that the U.S. financial system and their inventory portfolios are extra vital than imprisoning Latin People?

    Martin A. Brower, Corona del Mar

    ..

    To the editor: I hope everybody remembers President Trump’s first time period. It appeared like on daily basis he was taking credit score for the inventory market. In his second time period, he undoubtedly will get credit score for the inventory market dropping. I’m ready to listen to him brag about that.

    Doug Frank, Simi Valley

    ..

    To the editor: As a substitute of really figuring out who had unfair commerce practices, a process that may have required in depth analysis into every particular person nation’s commerce insurance policies, our authorities selected to easily create tariff percentages by evaluating imports to exports. That’s what occurs whenever you hearth all of the statisticians.

    Larry Harmell, Granada Hills

    ..

    To the editor: President Trump claims that these “sweeping tariffs” will “Make America rich once more.” But each the Dow Jones and Nasdaq indexes tanked on “Liberation Day.”

    Joseph Garcia, Yorba Linda

    ..

    To the editor: I don’t faux to be an knowledgeable on the subject of economics. It could be that President Trump’s tariff blitzkrieg will do all of the constructive issues he says it’s going to for our nation. However I doubt it. Trump doesn’t perceive the elevated prices from his tariffs quantity to an oblique tax on the American individuals. I’m embarrassed by this president.

    Jerrold Coleman, Santa Clarita

    ..

    To the editor: One of many worst components of Trump’s tariffs is their impact on the Asian international locations that we have been counting on to “comprise” China. Their tariff charges are among the many highest Trump imposed, and are prone to drive them into China’s orbit.

    John Gallogly, Los Angeles

    ..

    To the editor: I sit up for one other liberation day: Jan. 20, 2029. That’s the day we can be liberated from the Trump administration and its shambolic insurance policies.

    Frank Albers, Seal Seaside



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