Cyph3rp9nk on Nostr: We Now Have: 1. US placing 25% tariffs on Canada 2. US placing 25% tariffs on Mexico ...
We Now Have:
1. US placing 25% tariffs on Canada
2. US placing 25% tariffs on Mexico
3. US placing 10% tariffs on China
4. Canada placing 25% tariffs on US
5. Mexico preparing retaliatory tariffs against the US
1. US placing 25% tariffs on Canada
2. US placing 25% tariffs on Mexico
3. US placing 10% tariffs on China
4. Canada placing 25% tariffs on US
5. Mexico preparing retaliatory tariffs against the US
quoting nevent1q…044aIt gets interesting, now Canada is also imposing tariffs. Politicians are like monkeys with knives, if Trump wanted the best for Americans he just had to:
- Reduce the burden on the state.
- Reduce taxes
- Deregulate
He has done the opposite, he has opted for tariffs which is the most communist thing you can do, since you think you understand all the components of the market and you decide for the market.
In conclusion, nothing is going to improve for the average human being, I am sure that the net of all this situation will be negative for the common Joe, maybe he will lower taxes but it will not compensate him for the rise in prices.