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Reply to "Trump tariffs: ruin U.S. economy until 2040"
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[quote=Anonymous][quote=Anonymous]Half way through the one month negotiation period, Trump unilaterally imposes a 35% tariff on Canada. And that is after Canada had caved on each negotiation point. Things are about to get very ugly for American consumers if Trump doesn't TACO.[/quote] We all know there isn't a grand plan. Trump isn't playing multi-dimensional chess. He's just making it up as he goes along for attention. None of the negotiators (US or international) can operate in this environment. And aside, Trump won't honor any of the "deals" any way. "Vietnam’s leadership was caught off guard by US President Donald Trump’s announcement last week that it agreed to a 20% tariff, and the Southeast Asian nation is still seeking to lower the rate, according to people familiar with the matter. Straight after last Wednesday’s call with Trump, Vietnam’s party chief To Lam told his negotiating team to keep working to bring the tariff rate down, the people said, asking not to be identified as the talks are confidential. The 20% figure came as a surprise as Vietnam believed it had secured a more favorable tariff range, the people said." https://finance.yahoo.com/news/vietnam-surprised-trump-tariff-announcement-072530217.html[/quote]
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