Tomorrow at midnight is the deadline for the fresh tariffs to go into effect on Mexico and Canada:
- If you continue to run trade deficits, foreign countries will have everything you own
- In our first term, we didn’t have inflation
- The exporting countries absorb a large portion of the tariffs
- As the trade deficit goes down, the dollar goes up
- Deregulation, DOGE and ‘drill, baby, drill’ are the Trump strategy and tariffs are ‘second-order small’
- I don’t see Trump wavering on any of this
This article was written by Adam Button at www.forexlive.com.