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Reply to "Trump tariffs: ruin U.S. economy until 2040"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][twitter]https://x.com/thestalwart/status/1912055640148549791?s=46&t=kf1qYlCXQnKgUhJWEIu2vg[/twitter][/quote] BERNSTEIN: “.. there is a large order in negotiation in China right now with Airbus (potentially 500 airplanes) .. there is little chance $BA would have an opportunity for this given the current situation. The implication could be a long-term shift in the Chinese market toward Airbus ..” gee, this won't hurt the US economy at all for the next 40 years, will it?[/quote] Oh wait till the Europeans start to build out their military. That is going to be about a trillion a year with 400-500 billion in weapon systems athat will be taken out of the US economy(Texas and Florida). The Europeans are not buying US made weapons and systems. The f-35 is estimated to go from 100 million a copy to 300 million. The European will be able to replace 95% of the weapons system they currently buy from the US with cheaper and more modern systems. Also the Europeans are making deals with Chinese EV car manufacturers. The US is 14% of the world car market. China’s market is twice that size. It is looking like the US will be left behind in automobiles manufacturing and unable to compete on the world stage. Too bad for the Midwest and Southeast. Trump already killed a big EV plant in South Carolina and wants to close all the other EV and battery plants in the US. That is 23 billion in investments and 100,000 manufacturing jobs gone. It is interesting that of the 37 congressional districts that have or were planning EV and EV batteries plants 32 are in bright red Republican districts. Those republican congressmen have no problem with Trump shutting these things down. [/quote]
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