Donald Trump has committed the most profound, harmful and unnecessary economic error in the modern era. Almost everything he said—on history, economics and the technicalities of trade—was utterly deluded https://lnkd.in/eu6_Cw8A
The MAGA crowd are working class, so of course the more expensive imports will hurt them most. Trump promises to give them jobs instead. May be a bit late in the game to do this. No significant impact on US jobs or the targeted countries growth.
An extremely clear and lucid analysis of the situation.
He would not have been elected as President of the USA if he had disclosed his plan to everyone before the elections.
*facepalm*
O tempo vai mostrar se realmente estava errado ou não.....os maiores estrategistas da terra são os americanos e não costumam tomar decisões por impulsos, como vemos por aqui ...sem dizer que apoiam em simuladores e agora em IA profunda ... aguardemos 😁.
We have long abandoned rationality. Lets just continue ....
Economically speaking, tariff trade wars universally hurt the poor and middle-class consumers. Tariff fees are always passed onto end-user consumers in the form of higher purchase prices. Trump-Tarrif-Economics are doomsday for the #POOR and #MIDDLE class—but not Trump’s billionaire-boys-club. Source: https://www.brown.edu/news/2025-02-03/tariffs
Don't forget the enablers -- the US Congress not asserting its constitutional power to rescind executive orders.
Data Analyst (PySpark/Databricks, Python, SQL, Power BI, Excel, Figma, English)
3dA president with a real estate agent's strategy.