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I hope Trump can show for 2025 that the deficit is not greater than $1.9 trillion as it would be the first time since 2000 that the deficit did not increase (adjusted for inflation).
It is accomplished.
55% Tariffs on CHYna, 10% on us.
This means nothing, they can still undercut us even at 55% and nothing about all the IP they steal. They are playing long game.
This will not change the trade deficit at all.
This means nothing, they can still undercut us even at 55% and nothing about all the IP they steal. They are playing long game.
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In Canada the government with its controlled media, whipped up Canadians into an anti-American frenzy. They pushed not buying US products, booed the US national anthem and even had its hockey team attack the US team. Nothing happened to deter the Fentanyl. Whay do you think is going to happen now that the month is up ????
In Mexico, there was a push for cartel friendly laws and a prohibition on using GMO corn (an American product). What the fuck do you think is going to happen ???
Their respective currencies are going to look like toilet paper and that's just the start.
For China. They didn't do anything about the Fentanyl, so they get an extra 10% tariff with the thought of more to come if they don't get a move on.