It’s self fulfilling.
My prediction. We see economic slow down for the next year and Panicans will be blamed for scaring people into slowing down spending.
Uncertainty impact more than just financial markets—it can lead consumers to delay big purchases, put off projects, and cut back on spending, which slows economic activity and affects jobs and local businesses
Is it your opinion that the “expert” is wrong with this claim?
“Even if the tariffs are permanently suspended, damage has been done to the economy via a permanent sense of unpredictability in policy. “
What needs to be in the trade agreement to formalize the commitment to isolate China?
Should I, as an American (Panican) consumer, expect this new baseline tariff to increase the price of my goods?
Let's set aside China for the moment. It's clear to me the goal from y'all is to destroy China. Fine. At least its a strategy and I can be talked into the long term necessity.
What are y'all looking for from these trade agreements with the 70 other countries? What constitutes a massive win...
The Yuan would need to drop commensurate with the tariffs. You and I both know Xi will never let that happen. It’s 7.3 today and it will be 7.3 in July.