JPMORGAN: “.. the Trump I trade war .. raised the US effective tariff rate to 2.3%
“.. 10% tariffs on China likely lifted it another 1%-pts.
“.. another 10% on China plus 25% on Canada and Mexico .. would raise .. to 9%
“.. adding 25% tariffs on the Euro area would lift it to 12-13%.” 🇺🇸
“.. 10% tariffs on China likely lifted it another 1%-pts.
“.. another 10% on China plus 25% on Canada and Mexico .. would raise .. to 9%
“.. adding 25% tariffs on the Euro area would lift it to 12-13%.” 🇺🇸
Comments
Get ready, people.
After saying FU to our friends in Ukraine,
Trump wants to give Mexico & Canada pain.
But financial minds all strongly agree,
It's Americans who will pay his dumb fee.
https://go.bsky.app/6dCw92a
They’re TAXES.