President Donald Trump’s sharp tariff hikes last week have sent the stock market into a tailspin, raised alarm bells among Wall Street executives, and heightened many economists’ worries that the U.S. could tip into recession.
I mean the last time we tried tariffs it led to the Great Depression. So I’m going to go with yes.
What’s worse is that even if tariffs went away tomorrow. Even our closest allies are now looking to decouple their economies, which means in time the US will matter less in trade but also the US dollar will lose it’s value.
I mean the last time we tried tariffs it led to the Great Depression. So I’m going to go with yes.
What’s worse is that even if tariffs went away tomorrow. Even our closest allies are now looking to decouple their economies, which means in time the US will matter less in trade but also the US dollar will lose it’s value.