Yesterday 1:22 pm
Here are some things you should know by now. Trump is not using his position as President to enrich himself. If anything, he's lost paper value in the stock market like everyone else. Also, Elon Musk isn't heading up DOGE to help himself or his company. It has cost him an immense amount of wealth to do this. So, even if you are a Trump-hater or Musk-malcontenter, if you ask yourself "why", there really can be only 1 reason - they actually believe they are doing the right thing for the Nation.jerrab » Today, 9:03 am » wrote: ↑ you better hope so too. it would be trump's fault for claiming china had high tariffs so he raises tariffs
-----------------------------------------------
In 2023, China's average tariff rate decreased to 7.3% from 7.4% in 2022. This involved adjustments to both import and export tariffs, including waivers for certain medical goods, increased tariffs on some commodities, and provisional tariff rates for specific items. The adjustments aimed to connect domestic and international resources and markets, with a focus on expanding imports of medical supplies, high-quality consumer goods, energy resources, and IT products, according to Deloitte.
So, assuming that Trump is no fool, because he isn't (fools don't become billionaires), then it is reasonable to believe 1) that he has the country's best interest at heart and 2) he and his team have thought through their moves, counter moves, counter-counter moves and even beyond before engaging in this Trade War.