RE: Bull Run o Bull Trap ?
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The world waits to see how China responds... All of the western countries need to reindustrialize otherwise we will be at the mercy of China for the next century. I'm still waiting for the day that China takes Taiwan by force and it's not far off. What a fun world we live in...
As far as the other tariffs, we'll see what Trump decides to do. I know he wants to have tariffs at equal levels with all countries which is fair argument. China has been abusing all western nations by charging us tariffs while having very low tariffs on their exported goods.
Hopefully World War 3 doesn't start anytime too soon, but it seems more an more inevitable almost every day.
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Maybe western countries should have considered the consequences of deindustrialization about 30 years ago...
Will the tariff cure work today, in 2025, or is it too late?
Are we too dependent on China and globalization to go back to being strong industrial nations?
Only the future will tell....
It's kind of scary to tell the truth...