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New Trump Tariffs on China

Trump imposed another 10% of Tariffs on $300 billion of Chinese goods.

You know what this means:
- lower GDP
- higher inflation and gold prices
- lower oil prices
- weaker USD
- higher trade deficits

Powell didn't manage to weaken the U.S. dollar so Trump is now doing it himself with the only weapon he has: "tariffs".


 

 






This post first appeared on Correlation Economics, please read the originial post: here

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New Trump Tariffs on China

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