JRPGfan on 06 November 2024
Trump wants more import taxes, against Europe and China.
You know that anything he puts up, is going to be returned back at him.
So America exports to EU will be 20% more expensive, and vice versa.
Meanwhile a 60% import tax to china... will make all the imports Americans love so much rise in price.
Imagine the next Iphone just jumps 60% in price, because its made outsides the USA.
That is not going to help the inflation we experience any.
