Resurge Growth Partners reposted this
The Trump Tariffs: Steering Into the Iceberg Imagine you’re the captain of a mighty ship. You’ve got a destination in mind: a weaker dollar, lower borrowing costs, and a narrower deficit. You steer confidently, ignoring the icebergs up ahead. The crew cheers you on. Passengers toast you at dinner. Wall Street and Silicon Valley elites line up at your captain’s table. But here’s the catch: You’re on the Titanic, and the iceberg you just hit is bigger than you thought. That’s how the Trump-era tariffs are starting to look in hindsight. Yes, he got the weaker dollar. He got the lower rates. But at what cost? A likely trade war A fiscal deficit that’s unlikely to shrink—because growth will stall, or even flip into recession A pissed-off set of sovereign lenders, whose goodwill has vanished just when you need to sell them a lot of debt And a stock market that’s tanked Some said: “Trump doesn’t care about markets.” But here’s the thing: 60% of Americans own stocks, directly or through retirement accounts. When markets fall hard, it’s not just the rich feeling the pain. It’s the middle class, the retirees, the 60 million 401(k) holders. And there may be another looming iceberg: For now—as I best understand it—software isn’t included in the tariffs. But what happens if counter-tariffs are aimed squarely at Silicon Valley—the engine of American innovation and a critical export? If retaliation hits there, the fallout could strike the very core of U.S. economic leadership. Strategy isn’t just about choosing a destination. It’s about knowing what waters you’re sailing through. Ignoring the icebergs in your path? That’s how ships sink. #Macroeconomics #TradePolicy