Economics Thread

The Tariff King said:
He aligned himself with them. Spent half a billion on Trump's campaign.

So it's a self inflicted wound if not a self fulfilling prophecy.
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Yeah, leopard ate my face and all that jazz.

I have no sympathy for Trump's policies and reactions to his policies negatively impacting Musk, he had to know this was coming.
 
All part of the plan.

And when we reverse decisions to undo these consequences, that was also all part of the plan

Art of the deal
 
thethe said:
Seems like an opportunity for exporters then since countries are looking to now have more balanced trade with the US
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But are the citizens of those countries looking for more balanced trade with the US? The thing that I still don’t understand about this obsession with trade deficits is that while trade barriers such as tariffs or explicit legal restrictions obviously influence the market, there still has to be customers looking to buy American products to balance trade. What if that demand doesn’t naturally exist because we can’t supply it cheaply enough?
 
mqt said:
But are the citizens of those countries looking for more balanced trade with the US? The thing that I still don’t understand about this obsession with trade deficits is that while trade barriers such as tariffs or explicit legal restrictions obviously influence the market, there still has to be customers looking to buy American products to balance trade. What if that demand doesn’t naturally exist because we can’t supply it cheaply enough?
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It’s the whole world - that’s a lot of people. I’d trade barriers (not just tariffs) are taken down then even slight incremental increases in available goods dramatically improves American exporters positions
 
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