r/WallStreetbetsELITE • u/stresskillingme • 10d ago
MEME How much will Trump's 25% tariffs cost the U.S. automotive sector?
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r/WallStreetbetsELITE • u/stresskillingme • 10d ago
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u/Beautiful-Tea-8067 9d ago
I don't think there is a scheme to put tariffs just to profit from stock market moves.
Beside that there is a very long trend of trade deficit for the US. And it can't go on forever. It's linked to dollar expansionist monetary policy and de facto domestic debt, which can last only as worldwide economy also expands.
I think some people in Trump admin genuinely understood that and want reverse its course. But they don't know how to do it whitout making it painful. That I think, explains back and forth in Trump tariff plans.
Trump himself could not come with a good idea his whole life and only try to enrich himself from his POTUS position. He would sign any EO his advisers would put under his nose after a 10 seconds briefing on the matters covered by the EO.