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RE: Wall Street Falls 1 % on Trump Tariff Comments
It looks to me that trump aims to bring back the Aluminum and steel industry, in order to compensate for the tax cuts. That’s a risky gamble to take, bearing in mind that if that doesn’t work he’ll have to look at an alternative.
Given the short amount of time, with inflation rising and also federal spending, it’s only a matter of time before the public take notice of this and unrest starts to rise, or I could be overthinking this.
You're probably right.. I think he is trying to facilitate their own steel and aluminum production instead of importing from other countries.. the problem is that he's doing it all wrong.. and now the markets are coming down..
Well he’s a businessman that has several businesses and many of them have gone bankrupt, so it’s understandable how he isn’t able to manage the economy, despite economy and company being two different things.