Loading ...is that most countries won’t just mark-up their goods by the same amount of the tariff, they can’t because they’d be unable to compete and sell any of their goods. They will, in fact absorb most of the tariff themselves. Trump did 100% on certain goods in China in his first term. China absorbed ALL of the tariff.
It’s a win-win for us. If they can’t compete with goods we make here because of the tariff, we’ll just make more goods here, create more jobs, and while prices will be higher, wages will follow. There’s not much in the way of resources we don’t have here in the states. What we’ve allowed the Globalists to do to our manufacturing is lunacy. Enough, I’m happy with full isolationist policies if the world doesn’t want to play ball. We’ve contributed enough to governments and the UN around the world.
Today is decision day, although the gladiator games probably start tomorrow. A buddy of mine believes the deep state will trigger the cells/cartels that have crossed the border to cause mass chaos. Makes sense to me, but they will likely destroy blue states/cities again.