Because of the tariffs. Countries will start developing other markets, our domestic companies will start losing business and respond by laying off workers and delaying capital expenditures which will affect other domestic business. It will keep feeding on itself.
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A market correction as America flushes out stuff it doesn't need such as cheap plastic clothes hangers from China, overpriced French wine, Italian automobiles....these are peoples wants, not needs. Let the other countries try to survive without food to eat.
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No, but there will be an important election in Columbia, on Tuesday 4/8/2025 for a new mayor. If Columbia wins, Murphy will, too.
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ABC 17 News
The sheep shouldn't be alarmed, because Trump said he would do this during his campaign. He comes from the business world, not politics. We actually have a president keeping the promises he made to those who elected him, a trait that is not common with career politicians.
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Other countries have placed tariffs on our goods, far more so than we have ever done. I used to sell overseas,many customers of mine had to pay 25-30% in tariffs when the goods arrived. No, I am not worried. Excited is a better term. Fair and equal, globally.
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