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S Illinois | Will it rise though? Trade imbalances are down the line a ways when it comes to determining currency trade. If we get cost push inflation and slower economic growth in the US economy, the dollar will weaken.
Edit: A question I would also ask is since tariffs have no upper bound would it not be advantageous to the US to go higher than 20% if one wants to argue 20% is at worst a no net change to the US economic picture. What determines that inflection point where a tariff rate becomes detrimental? Sort of a if a little is good then why is more not better.
Edited by w1891 11/22/2024 16:01
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