Subject: tariff flop estimates
for any pro\academic economists here, i am wondering if there is any way to estimate an economic impact of tariff flopping.
in particular, what if trump continues to flop indefinitely, or just decides to cancel them and declare status quo a victory?
a very interesting study came in regarding trump tariffs during 2016-2020.
that term also had some flopping, but overall seemed more tempered and targeted.
the result of trump import tariffs was a NET decrease in america exports by 2% ; higher input costs and subsequent escalated pricing made american products less competitive globally, and volumes went down.
i find this quite incredible for a 'value-added' nation, and rather scary for again having the same idiot in charge.
it's not like america has a shortage of incompetent C-suites that already make their companies less competitive, gets the golden boot, and rents the next one.
https://klementoninvesting.sub...
since i dont expect MAGA to grok this, i have linked to an elementary school discussion :
https://brianlangis.wordpress....