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    Home»World News

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

    Team_NewsStudyBy Team_NewsStudyApril 4, 2025 World News No 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 pink tie insists on utilizing them (“Markets plunge after Trump tariffs heighten chance of a broader trade war,” April 3). I’m not an skilled on worldwide commerce, however I do have a inventory portfolio that has sunk to a brand new low. A minimum of a few of the Republican voters, and even a few 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 necessary 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 positively 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 truly figuring out who had unfair commerce practices, a process that might 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 if 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 fake to be an skilled relating to economics. It could be that President Trump’s tariff blitzkrieg will do all of the constructive issues he says it is 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 folks. I’m embarrassed by this president.

    Jerrold Coleman, Santa Clarita

    ..

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

    John Gallogly, Los Angeles

    ..

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

    Frank Albers, Seal Seaside



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