I see. So you are ready to try the "increase all costs" route now...
mmddmm
They are the same picture...
I literally dont understand what they are doing.
Lol. Did you still expect to?
Anyway, they clearly have no idea what they are doing. Absolutely no idea. But this one seems to be calculated by an academic that used an impersonal objective formula that he expects to zero the trade deficit.
Somehow, it's one of the economists that don't know that tariffs don't have a direct impact on the total trade deficit. Probably, an "economist", but I didn't check.
Helping with cost of living, housing, health care and education isn't socially progressive?
What kind of society do you live on?
Friends don't let friends mix Nvidia and Linux.
AFAIK, most low added-value products the US net exports are food. Also AFAIK, Canada mostly doesn't buy those, but the countries that do buy them won't just stop.
Well, yes, wages tend to decrease on that shift.
At least Brazil has tariffs large than that already. I doubt he will decrease them.
The effects of widespread tariffs is well known.
You will lose industry that makes high added-value products, and increase the production of products with low added-value. (Most people call this "deindustrialization".)
Tariffs mostly don't impact the overall trade balance, so there's no reason to expect that one to change.
Well, they are really not as close allies to the US as they used to be, and they may completely stop being allies on the near future...
But Tesla stock is 75% hype
It has been adjusted recently, but it was around 99% (P/E of 100 times what other car companies have), so it can't be lower than some 95% now.
It's a very C++ thing that the language developers saw the clusterfuck that is stream flushing on the kernel and decided that the right course of action was to create another fucking layer of hidden inconsistent flushing.