Quote:
Originally Posted by Cuervo
When it comes to tariffs the majority of the economist stand firm that the burden will fall on the American people and will start an economic battle that all parties will suffer. Look for those who have doubts this is even the beliefs of the Wall Street Journal, who main interest is the stability of the U.S financial markets.
|
The question: is your economic policy goal the cheapest cost of production wins? regardless of the location or the second / third order effects?
OR
is the economic policy locally mfg goods with better delivery times and less potential supply chain disruptions, with a stronger domestic money flows for financing?
If you pick the second, the only pain is the transition from the first to the second, and that can be temporary.