Post
Topic
Board Politics & Society

Re: trumps "reciprocal" is pegged rate 2:1(mostly)
by
suchmoon
on 07/04/2025, 00:12:34 UTC

so now the balance is changing. trying to get people to see that it will be more expensive to import foreign goods to the us so they will consider local goods. and get the other countries to want to lower their side , so that their citizens would consider buying us goods

Yeah that's exactly what China... wait, no, they called Trump's bluff and added a 34% tariff, brilliant stable genius move right there.

Here is what's more likely than any of the MAGA wet fantasies: China, Europe, some other places will make their own trade deals and figure out a way to make the global economy work without relying on the erratic bully that is the US. Because it would be absurd to invest billions into some cockamamie scheme that may or may not hold for 4 years, if that. What's not gonna happen is time travel to 1800s when the global trade was cotton, tobacco, and some tea.

But hey, if you trust the incredibly dumb formula that you couldn't figure out, buy the dip, you'll be rich beyond belief.