halalmoney @halalmoney - 16d
“…far too much of Trump’s original plan remains in place to comfort the worried. They’re highly troubled that he’s raised tariffs on China to a trade-crunching 125% and that he’s still imposing a uniform duty of 10% on all our trading partners. That blanket tariff is less than half the over 25% average Trump was poised to uncork. But it’s still four times the figure before Trump launched his offensive. What remains constant is Trump’s apparent quest for turning America into a far more protectionist, walled-off economy than it’s been in many decades. The pause has the bond vigilantes pausing as well. If Trump returns to his original agenda, or even if he sticks to his version of “tariffs-light,” those marauders may return with a vengeance.” https://apple.news/A1EJc8M3ASVCdAs0WzluItg
