Tariff war with all main trading partners ? According to Trump EU tariffs are coming in soon.
US can win any tariff war against a single country. They maybe could win against China or EU or Canada / Mexico alone. But all of them at once ? This is going to be a disaster for the US.
Because of current sky-high stock market valuations, US thinks it's the only game in town. We will soon see if it's the case.
The tide is turning, and it's only when the tide goes out do you discover who's been swimming naked. US is in for a big surprise.
Tariff war with all main trading partners ? According to Trump EU tariffs are coming in soon.
US can win any tariff war against a single country. They maybe could win against China or EU or Canada / Mexico alone. But all of them at once ? This is going to be a disaster for the US.
Because of current sky-high stock market valuations, US thinks it's the only game in town. We will soon see if it's the case. The tide is turning, and it's only when the tide goes out do you discover who's been swimming naked. US is in for a big surprise.