Like, oh my gosh, babes, the U.S. is, like, totally in another trade war moment, and it is seriously drama central. So, President Trump is doing his whole “America First” thing again with these major tariffs, and, like, while he’s technically keeping his campaign promise, things are, um, kinda spiraling? Prices are going up, businesses are stressed, and America’s bestie neighbors (looking at you, Canada) are not vibing with it AT ALL.
Okay, so, here’s the tea: tariffs mean that all those cute imports we love—electronics, cars, even FOOD—are, like, way pricier now. Ugh. Experts are saying that this could add, like, $1,300 a year in extra costs per household. That is, like, SO rude! Inflation is already a thing, and now it’s gonna get worse? Not cute.
And businesses? Total meltdown mode because supply chains are getting totally wrecked. It costs more to make stuff now, which means either prices go up or, like, companies cut back on jobs. Goldman Sachs even slashed their U.S. GDP growth forecast from 2.4% to 1.7%. Like, OMG, that is NOT the direction we wanna go in.
Meanwhile, Canada is NOT here for this drama. They just jacked up electricity prices by, like, 25% for over a million American homes and businesses. And Doug Ford, the Ontario Premier, literally said that if things keep getting messy, they might just cut off electricity to the U.S. completely. Like, excuse me?? Places like New York and Michigan kinda NEED that power, so if this happens, energy costs are gonna go through the roof.
And, um, HELLO, what about jobs? Companies trying to save money are gonna start laying people off, which is, like, totally tragic. Remember last time there was a trade war? Farmers got totally wrecked because China stopped buying U.S. crops. And now? The auto industry is spiraling because steel and aluminum from Canada are way more expensive. So yeah, plant closures and layoffs? Not looking great.
And babes, Wall Street is, like, fully PANICKING. The stock market has been, like, beyond chaotic lately. So, the moment Trump made the tariff announcement, the S&P 500 dropped 1.8%, and the Nasdaq-100 fell 2.6%. Like, those are NOT small numbers. And our fave tech companies—Tesla, Nvidia, Alphabet, Meta, Amazon, Apple, and Microsoft—literally lost a combined $1.5 TRILLION in market value since the start of 2025. Like, WHAT.
Basically, everything is, like, super unstable and stressing out investors. And like, if investors are stressed, that’s bad for, like, retirement funds, 401(k)s, and literally everyone.
So, does it seem like Trump is trying to “Make America Great Again”? Technically, yes. But, like, at what cost? People are paying more for stuff, businesses are struggling, and even America’s allies are, like, “Um, babe, are you okay?” If things keep escalating, Americans could be looking at major job losses, more inflation, and, like, total economic chaos. And that is, like, NOT the energy they want for 2025.
Anyway, let’s hope someone figures out how to fix this, because right now? Total mess.
XOXO,
Valley Girl News
Image from Reuters.
