Okay, so there will be rate cut soon and the USD will become even weaker, right? Then with those tariffs, which are consumption tax on imports, will become even more pronounced as US added value part will be smaller percentage of the overall final price tag. So everything will be quite expensive if people still have money to pay, if not the margins and as a result the profits of businesses will go down.
Is this an attempt to reduce the infamous American consumerism?
Also maybe force companies to build more in US but wouldn't that require strong immigration as the unemployment is actually still quite low and those who lost jobs wouldn't be plug-n-play employees for manufacturing jobs that didn't exist before.
Is this an attempt to reduce the infamous American consumerism? Also maybe force companies to build more in US but wouldn't that require strong immigration as the unemployment is actually still quite low and those who lost jobs wouldn't be plug-n-play employees for manufacturing jobs that didn't exist before.