Quote:
Originally Posted by Raf1394
I think these import taxes from Trump, are a way to scare other countries.
Trump is waiting for a good return deal from other countries.
Then he will say '' okay instead of 30% import tax, i only ask 10%''
The stock markets are just overreacting (like they always do  )
After a while, the stock markets will regain some wealth again and go back with positive %. '' oh it wasn't that bad, its only 10%''
If you follow Trump's actions and decisions, you can already see what he is doing. |
The worst market slide in recent history was close to 3000 at the close. I think it was during Bidens administration. Yes, it pulled back but it was under a fake economy. DC was printing money. Obama economy was printing money. The US manufacturer much of nothing. Trump is looking to create a real tangible economy. People work and manufacturer things. The US is nothing but a service oriented economy. Think of Jamaica and the like. They survive on tourism. The US is darn close to that type of economy.