tmrand - 4/11/2025 06:55
Basically what has happened is an embargo with China. It's not really a tariff deal anymore.
Last I heard was 145%. No goods will trade at that level. So a lot of those 15 points aren't even relevant at the moment.
Where we go from here I'm not sure.
it’s not an embargo.. it’s a trade War.. when does it become a Real War? When does China go into Tiawan?
Everyone has their reasons.. but this list is a good start. It was believed that interest rates would fall and the dollar would rise.. instead.. the opposite is occurring as investors pull assets OUT of the US fleeing from our “Flight to Stability “ status.
If it continues.l the results will be stagflation.. higher interest rates.. with stagnate or falling output.. a recession.. or worse a depression.
https://www.bloomberg.com/news/articles/2025-04-09/fed-officials-worried-over-stagflation-risk-ahead-of-tariffs
We RISK LOSING more jobs.. then Navarro says we will gain.. “5 million jobs lost to Globalization.”
Heck we have more than that just in port workers.
This is a Stupid policy with predictable Dire results.. smoot Hawley tariffs et all.
maybe it’s not That bad? Or.. maybe it’s Worse?
Neither are good. | 
China matches Trumps stupid Tariff. Navarro should be shown the door.
