Tariff-Trump, or TT, I shall label him for short
He struck today, a big, big way beyond his normal sport
His victim countries numbered fifty nine and maybe more
He plans to levy Tariffs on them all across the board
It’s TT’s way to make his victim trading countries pay
Since TT has convinced his MAGAs: tariffs work that way
Be it’s not so, the largest victim is the U.S.A.
Consumers, you and me, we pay that tax, end of the day
Tariffs were invented to rebalance net goods flow
When import dollars grow and export dollars drop below
Then negative the net trade balance: country’s money’s gone
This deficit is filled by tariffs, taxing everyone
Our deficit with China, it’s the largest one of all
In billions nearly negative three hundred; one day’s fall
However, most our deficits are less than single digit
Dollars in the billions. Yet each got a TT tariff
Percentage wise the largest tariff, fifty points all told
Was levied on Saint Pierre and Miquelon an island bold
That’s off the toe of Italy, who’s deficit’s three million
They surely don’t deserve the hit; their threat to us so mini
So what does all this mean to you and me, short term and long?
Stock markets crashed four points or more in panic selling strong
Long term, expect inflation rates to soar; employment drop
Expect recession deep and steady ‘till the tariffs stop
These listed things will happen, mark my words and you will see
That is unless the tariffs are removed soon by TT
Then back to TT chaos and confusion – normalcy
Except some dollars fewer I expect for you and me
4/3/2025