The Stock Market And “The Soft Bigotry Of Low Expectations”
Image Source: Pexels
Trump announces tariffs of “only” 15% on Japanese imported goods, and the market jumps.
Source: TradingEconomics.
Subsequent accounts note the optimism that a deal with the EU will entail tariffs of “only” 15%. Time consider what the effective tariff rate will be, incorporating this “deal” (which is only as good as the virtual paper it’s written on, given Trump’s predilection for fickleness).
More By This Author:
LA Under Occupation: Macro Indicators For CaliforniaBertaut, Von Beschwitz And Curcuru/FRB: “The International Role Of The US Dollar – 2025 Edition”
Quick And Dirty Check On Whether Steel Prices Have Fallen
How did you like this article? Let us know so we can better customize your reading experience.
Comments
Leave a comment to automatically be entered into
our contest to win a free Echo Show.
