Tariffs Tomorrow? Market Not Convinced.
From Greg M
Lions…
Just a quick note.
With Trump’s 25% tariffs on Canada, Mexico, and China, slated to begin tomorrow, I am not even sure that the market is 100% convinced this will happen.
I say that because the reaction by the market on the news was somewhat muted. It will be interesting to see if
1. They actually do happen and
2. How the futures market will react.
GM
The Empire in decline is in a desperate irrational quest for absolute control of a self acknowledged unipolar world. Tariffs will do more to hurt business in the West and further destroy the purchasing power of the American people. America needs higher interest rates and a corresponding higher dollar, then everything else would fall into place on more sound principles and practice.
My gut reaction was its a message to China. By placing the higher tariffs on Mexico and Canada essentially our own family members it looks Gangsta - and China goes hmmm 10% and we know it could goto 25% and beyond so lets negotiate - EVERYTHING in the US comes from China so to Tariff too high will only hurt the US - thoughts?