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Trump Has Botched His Own Bad Tariff Plan

15 pointsby nabla9about 2 months ago

5 comments

ggmabout 2 months ago
The central point seems to be his declarations to steadfastness and flexibility at the same time invite disbelief: if the intent is to negotiate then the &quot;not one inch&quot; posture is unhelpful and if the intent is to push the Mar a Lago accord model, negotiating won&#x27;t help because it undermines the financial consequences driving it.<p>Domestic investor sentiment isn&#x27;t really the point, nor the effect on people&#x27;s retirement income. It would not think empathy is really driving this WH.
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mitchbobabout 2 months ago
<a href="https:&#x2F;&#x2F;archive.ph&#x2F;NrzC1" rel="nofollow">https:&#x2F;&#x2F;archive.ph&#x2F;NrzC1</a>
jqpabc123about 1 month ago
Let&#x27;s go back to basics --- show me the evidence that a large scale trade war is &quot;winnable&quot;.<p>It&#x27;s the economic version of the &quot;nuclear option&quot;. There are no &quot;winners&quot; --- everyone loses. And those who will lose the most are largely Trump voters.<p>WalMart shoppers, prepare to be gouged.<p>This is absolutely unprecedented. No country in history has ever intentionally engaged in economic self harm to this extreme.<p>Over $10 trillion wiped from equity markets in 4 months. The same companies that are supposed to &quot;Make America Great Again&quot; have just been handicapped --- in more ways than one.<p>This is how you &quot;Git er&#x27; done&quot; with Larry the Cable Guy as leader of the global economy. It would be funny if it wasn&#x27;t so serious.
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jpsterabout 2 months ago
Incompetence on an epochal scale. But DEI!
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econabout 2 months ago
Mad man theory comes natural to Mr T.