I think China stopping delivery of Boeing aircraft will be very painful to us as Aircraft are one of the most important products that we export. It’s bound to hurt our trade deficit even if Boeing does have a backlog,
I also think the tariffs on Chinese products will prove painful because I don’t see companies rushing to manufacture in the us based on tariffs that could easily be repealed in the future. Regardless prices on goods will increase.
It seems like we are losing on both ends.
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