Tariffs are all over the news, with some suggesting that tariffs will crash the economy while others state they will be nothing. Let’s discuss and consider preparations for what may happen.
What do you think will happen with the tariffs?
What impact will potential elevated pricing have on the average American?
In the short run, is this good for America? Long run?
Rourke
I don’t understand everything Trump’s doing, and I think things like renaming the Gulf of Mexico are ridiculous, but I trust his experience and business sense.
I’d say things are going to get worse before they get better, but one man can’t undo several decades of mismanagement overnight. Ultimately, I think we’ll be in great shape, but it’s going to be a rough ride to get there.
If Trump is using tariffs as a bargaining chip fine, if no agreements are reached the trade war will be devastating for the whole world’s economy.