When you trade with a loss or $3/4 Trillion/yr eventually there are few jobs left to earn wages to continue buying
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Considering it already has, makes the ny fed look a bit silly.
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But it will fill up the Government coffins, enabling other programs
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It won't lower the trade deficit but it will put thousands out of work along our Coast Fewer super container ships means fewer haulers needed thousands of truckers will be out of work because of this Domino effect consumer prices will be going up gas now headed toward $4
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WE SHALL SEE.
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Any reasonably intelligent person will tell you this. Fake news! Trump tariffs not meant to do that unless you add many billions more! He’s trying to force them to the negotiating table and make trade more fair. Their tariffs will be met with ours!
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Want to bet?
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Some railing against tariffs trying to trump up non existent trade war. What they're really pissed about: Decades of fellow globalist schemes at outsourcing coming back to bite them in the a**. Whining about now having to pay more for "insourcing" all those jobs screwed us out of
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