I am pretty shocked that well educated economists think that Trump will not do what he says he will do. You are facing a deranged and unhinged fascist. USA 🇺🇸 will eat it own bitter pill if it has a second Trump term.
Trump Tariffs: Why Stock-Market Investors Are Underrating Impact
Donald Trump's most unconventional policy proposal is also one he's been most consistent in promoting: universal tariffs.The former president's plan to implement taxes of up to 20% on goods American consumers and businesses could raise trillions in new revenue, and critics and supporters alike say it would remake the U.S. economy.But a core of Trump supporters on Wall Street don't believe Trump will actually implement tariffs on a large scale, and this skepticism is reflected in the relative calm in financial markets, experts say.Trump supporter Howard Lutnick, CEO of Cantor Fitzgerald told CNBC earlier this month that the tariffs would simply be a "bargaining tool" to force other countries to lower trade barriers, and would ultimately not need to be put in place.Mizuho Securities chief economist Steven Ricchiuto said the market sees them more as a "bargaining chip" as well, despite a recent rise in long-dated Treasury yields, which some of have been attributing to the fear of new tari
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
