sankthoshi on Nostr: If the tariffs are kept for long I guess: 1. The consumer has to pay more for a lot ...
If the tariffs are kept for long I guess: 1. The consumer has to pay more for a lot of products and can’t spend money for other products. Industry will earn less. Jobs will be created in the USA if US companies become competitive. FED will be more likely to set rates higher for longer. Trump needs to reduce real value of debt which starves the economy or dilutes the dollar. 2. foreign countries suffer in any case even when the tariffs vanish quickly.
Published at
2025-02-01 13:25:05Event JSON
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