Consequences of Feb 1 Tariffs?

by jay @, Tuesday, January 21, 2025, 18:31 (655 days ago) @ Yandosan
edited by jay, Tuesday, January 21, 2025, 19:31

There are two rules governing a trade war:
1. Nobody ever wins a trade war.
2. See rule no. 1.

Trump thinks that Mexico/Canada will simply roll over and not retaliate, perhaps because of his otherworldly mind-meld superpowers. And you would think his billionaire buddies would whisper in his ear, but that might mean losing privileges at Mar-eh!-Lago. It's not an especially difficult concept but it's lost on Trump.


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