Karnage on Nostr: Imagine being a nation that doesn’t produce anything, telling all the producers ...
Imagine being a nation that doesn’t produce anything, telling all the producers what to do.
Trump’s threat of 100% tariffs would backfire massive. What it means in practice is higher prices for consumers, massive inflation to keep purchasing power up, a further weakening currency, LESS foreign investment, not more - because they also have to rely on imports to produce in US…
The producer only needs to raise prices to make up the losses…
Trump’s threat of 100% tariffs would backfire massive. What it means in practice is higher prices for consumers, massive inflation to keep purchasing power up, a further weakening currency, LESS foreign investment, not more - because they also have to rely on imports to produce in US…
The producer only needs to raise prices to make up the losses…