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US just put tariffs on every other country in the world, and nothing really happened. Thus, US is strong, not weak. dollar is weaker, US is not.
by teamweightloss 1y ago
US just put tariffs on every other country in the world, and nothing really happened. Thus, US is strong, not weak. dollar is weaker, US is not.
- jrs235 1y agoAnd nothing really happened, yet. History is about to rhyme with Francisco Franco.
- lisbbb 1y agoIt's kind of too soon to tell how this plays out.
- jemmyw 1y ago> and nothing really happened I'm not sure what you expect to happen? Tariffs can be a tool to promote local industry but when used like this they're more of a tax on Americans. I don't think other countries want to play the retaliatory game because it's lose lose. Instead they'll make deals where they can and otherwise get on with things. Trade is going to reorient by itself. That will take time but it's already happening. In any case, it doesn't show the US is strong. Everyone already knew it has the strongest economy in the world. What it does show is that the US is less stable than partners believed. It's hard to see this benefiting the American economy in the long term. But you know, that might not be terrible, if American workers get more jobs and a larger share of the pie, then it might work out.
- agent_turtle 1y agoTrump just fired the BLS chief because the economic data from liberation day onward was terrible..