Friday, March 2, 2018

Trade wars between USA and EU have started.

https://finance.yahoo.com/news/trumps-proposed-tariffs-wont-bad-happen-next-220111328.html

EU will impose retaliatory tariffs against the USA soon.  Additional tariffs and anti-dumping measures will increase product prices which will lead to global inflation.

Get ready for global inflation in 2018.
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3 comments:

  1. Eric HoMarch 2, 2018 at 11:55 AM

    Trump is helping Fed Jerome Powell to create inflation so that Powell can increase interest rates 4x in 2018.

    Powell wants to increase interest rates 4x but cannot do so without inflation showing up. Look like Powell will get his wish!

    ReplyDelete
  2. Eric HoMarch 2, 2018 at 1:48 PM

    https://sg.finance.yahoo.com/news/europe-lashes-against-trump-apos-003900080.html

    EU lashes against Trump now.

    ReplyDelete
  3. Eric HoMarch 8, 2018 at 1:33 PM

    https://sg.news.yahoo.com/eu-present-trump-trade-war-riposte-080156869.html

    More goods are being added to the tariff list now.

    ReplyDelete