Trump tariffs on China will soon bring 'irreversible' damage to many American businesses
Trump tariffs on China will soon bring 'irreversible' damage to many American businesses
Things are permanently fucked. Inflation will go up on goods, deflation will keep lowering the value of the dollar. Shipments are being rejected at the ports on both sides. You couldn't have screwed things worse for small - mid businesses short of a nuclear war. The GOP was efficient with destroying our economy this time.
All this and they're still charging ahead with tax breaks and the first $1T defense budget. It's like they're sleep walking us into a depression
We'll see if that 1t defense budget even lasts a year. With how the bond market is reacting to trumps instability, the US' ability to borrow itself into a hole may be very quickly coming to an end.
