No. of Recommendations: 5
Leadership by whim is a strange way to conduct the presidency but he's a very stable genius, dontchaknow.
The White House is narrowing its approach to tariffs set to take effect on April 2, likely omitting a set of industry-specific tariffs while applying reciprocal levies on a targeted set of nations that account for the bulk of foreign trade with the U.S.
President Trump has declared his April 2 deadline to be “Liberation Day” for the U.S., when he will put in place what is called reciprocal tariffs that seek to equalize U.S. tariffs with the duties charged by trading partners, as well as tariffs on sectors like automobiles, pharmaceuticals and semiconductors he repeatedly said would be enacted on that day.Guess the collapse in GDP growth forecasts caught someone's attention.
There was a time when republicans believed that businesses -- and markets -- hated uncertainty but a cult's gotta' cult.
https://www.wsj.com/politics/policy/trump-tariff-r...
No. of Recommendations: 3
"The White House is narrowing its approach to tariffs set to take effect on April 2, likely omitting a set of industry-specific tariffs while applying reciprocal levies on a targeted set of nations that account for the bulk of foreign trade with the U.S."
Gonna be interesting to see how Trump spins this as a "great victory", all due to his
extraordinary genius at business.
But the main reason for his tariff push is to state that the money collected on tariffs
will equalize the tax cuts for the wealthy, without adding to the deficit. Anybody that can
add knows this is a total crack-pipe-dream, but we can be sure he'll do it.
Just remember, when prices go up on goods that are tariff-targeted, tariffs do not affect the
American consumer, lol.
Spin it, MAGA, spin it.
No. of Recommendations: 1
I did not expect to see a King Crimson reference today.
We could say we are in the court of the orange king...
