Donald Trump may well “win” his trade war with China. The reality is there will be no true winners; some parties will lose worse than others but America as a whole may be less bloodied than China. If the bluster does turn into a full blown trade war (which is difficult to tell with a coward/bully/bullshit artist like Trump) there will be significant American casualties even in “victory”. Let’s explore. Continue reading Casualties
Tag Archives: Carl Icahn
Analyzing The Announcement
Seemingly out of nowhere President Trump announced that he was about to slap a 25% tariff on imported steel and a 10% tariff on imported aluminum. Rumor is that he made the announcement out of frustration, blindsiding his economic counselors and the White House staff in the process. I think there may be several things at play here and I’d like to outline them in the following paragraphs. Let’s explore. Continue reading Analyzing The Announcement