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Mystic William's avatar

Aaaaannnnddds…..the Dow is up 2600 today. Maybe the tariffs aren’t so terrifying/catastrophic/panic inducing as you think.

I am not a big importer exporter, but I have done business around the world, importing about 100 × 40’ sea cans of stuff. Maybe 150, come to think of it. I have some experience. Every country in the world does what they can to tilt the field in their favour. EVERY COUNTRY. The US had a philosophy of free trade, which is best overall, but the rest of the world doesn’t. China is the worst offender. And tariffs are a small part of the tools they use to take advantage of other countries.

You want the US to play Marquis of Queensbury rules when everyone else is a street fighter. Trump said ‘we can play that way’. And he is.

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Mike Power's avatar

You have to remember Trump always does and says things on a massive scale, in the hope that some of it will work. Whose to say that all these jobs will happen, but maybe if half of them do, doesn't it pay off in the end? Depending on who you listen to this is simply Trump's way of setting up negotiations. Such as this interview between Michael Schellenberg and Batya Ungar-Sargon. It is only for ten minutes at which time you have to subscribe but you will get the drift. https://www.public.news/p/batya-ungar-sargon-trump-is-waging

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