I respectfully disagree. Trump did what was needed. Every major trading partner will negotiate which hopefully results in lower tariffs on US products and reductions on import tariffs as well.
We also need to cut federal spending back to pre Biden levels otherwise we will go bankrupt and...
For those who follow Friedman, remember his view on what causes inflation.
Economist Milton Friedman famously stated, "Inflation is made in Washington," attributing the root cause to excessive government spending and money creation. His insight remains relevant today as debates intensify over...
I heard Ursula Gertrud von der Leyen, the unelected EU president, talking about retaliatory tariffs. Funny how upset other countries get when we applied only 50% of the tariffs they have on US. I guess if they get in a pissing match, Trump will raise their tariff to 100% match.
Any Ursula...
If the reciprocal tariffs do go into effect, and stay long term - then short term pain with long term gains as more companies on source. Short term look for companies to take advantage and raise prices and blame tariffs.