The severe knee jerk reaction of US tariff!

Posted by Silent Boy > 2018-07-06 18:36 | Report Abuse

Will the US tariff cause global recession! Not really! It just that hedge funds are making a killing at the moment! Of course this opportunity will be played out to the max! Once this usd50 billon tariff are fully implement, a month later things will go back to normal! Just a mall part of half a trillon export! Beside, US is getting some revenue from tariff! If all half a trillion are levied, this means about 100 billion for US government! This comes from China alone! Not yet include EU, Canada and Mexico! Overall it's good for America! Hey, everybody have wall of tariff against US for decade now! At the moment, the irrational pessimism is playing out at it's max! Wait for a month or so, everybody wil forget about it!

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2 comment(s). Last comment by Up_down 2018-07-06 19:07

Silent Boy

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Posted by Silent Boy > 2018-07-06 18:37 | Report Abuse

For China, it means, they cannot play with US anymore! Gone are the days of military supremacy! China will have to downsize or completely abandon military bases around the world, it's super expensive hobby! I think that's the only casualty of this trade war!

Up_down

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Posted by Up_down > 2018-07-06 19:07 | Report Abuse

It’s about personal interests in the end. Many of them will be cursing their government later part. US consumers have to bear hike in inflation at least 10% if trade wars turn into full fledged . You think US consumers are all idiots patriot and not caring of their money pocket for the sake of trade war? See how is the results of US midterm election first.

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