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In reply to the discussion: Trump recommends 50% tariff on European Union starting June 1 [View all]JohnSJ
(98,883 posts)on tariffs was suddenly over, was gullible at best.
Rubber is now hitting the road, and it should be clear that uncertainty and chaos has always been the hallmark of trump and his thugs.
Per Bloomberg:
"US bond yields have surged this week as President Donald Trump's tax cut plan has ignited concerns that it would add trillons of dollars in comning years to already bulging budget deficvits, at a time when investor appetit is waning for US assets across the globe."
What this means is that interest rates on everything are going to go up, assuming his "big beautiful bill" passes the Senate, and if the past in any prediction of future events, regardless of the tough talk by a few of the rethugs in congress, in the end they will do whatever the sociopath wants.
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