“This is a GREAT time to move your COMPANY into the United States of America, like Apple, and so many others, in record numbers, are doing,” Trump posted on his Truth Social platform, promising “ZERO TARIFFS and “no environmental delays.”
“This is a GREAT time to move your COMPANY into the United States of America, like Apple, and so many others, in record numbers, are doing,” Trump posted on his Truth Social platform, promising “ZERO TARIFFS and “no environmental delays.”
They can’t. The ability to get an equipment loan is dead. It will take years to build factories. Longer than the presidential term. When you move fast you break things. In this case they broke the global economy.
There is still a chance they only broke the American part, might turn out that the global economy doesn’t need it. Fingers crossed.
It’s all connected. Can’t just break the American part. The American part is the financing of the non-Amarican parts.
America has the largest and richest consumer base. We are one of the few major economies to have a large population of millennials and gen z.
Who will Japan, Germany and China sell their shit to? There isn’t a market that can replace the US. The US also simply can’t make everything we like to consume. Which is why we are now headed for recession/stagflation.