I think countries not involved in the US vs Canada/Mexico/China/India tariff wars might actually do well
It's conceivably a lot cheaper to reship goods and relabel from a third party country than pay 25% extra
41-45, M
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whowasthatmaskedman · 70-79, M
Everyone will do OK long term but America.. They will lose the reserve currency status that is keeping the international value in the $US and lose US banks the commissions on all those transfers of funds the rule require US banks to process.
One could even make the argument that merely threatening tariffs could justify a retaliatory response which will hurt the US more than the other side..By destabilizing trade.😷
One could even make the argument that merely threatening tariffs could justify a retaliatory response which will hurt the US more than the other side..By destabilizing trade.😷
