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:
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!
https://sg.finance.yahoo.com/news/europe-lashes-against-trump-apos-003900080.html
EU lashes against Trump now.
https://sg.news.yahoo.com/eu-present-trump-trade-war-riposte-080156869.html
More goods are being added to the tariff list now.
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