Russia and Ukraine flashpoint

[Pemalite]

PDF said:

It's one thing to find other countries to buy things from (you can build another factory somewhere else) but it's much more difficult to find new markets to sell to.

US Market is & will still be very important for many EU & Asian Companies. The tariffs will hurt US consumers and foreign MNCs, as will the retaliatory tariffs.

No one denies that the US is not an important market... But it's not an important market for many nations, no point trading with a nation that has tariffs when you can sell to another nation in higher volume without it.

Where the tariffs start to show value is domestic manufacturing, which again... Is irrelevant for the rest of the world, we aren't going to import American cars (Tesla) when South Korea is technologically equivalent (Kia) and China has caught up and will beat Tesla sales with BYD here which are vastly cheaper, tariffs are only going to accelerate that disparity, especially when they are retaliatory.

China has a surging middle class, India is showcasing it's surging middle class, those two combined are massive potential relatively new markets... Both are resource hungry, that's where we are going to continue to trade, invest and benefit economically while the USA only focuses on itself and starts to exclude everyone.

It's a good thing we never had many eggs in the US basket economically.