Part of that knowledge being power thing... what they're not saying about tariffs is the impact of them on currency exchange rates. The strongest currency gains advantage when combined with tariffs. So while US tariffs rise the USD rises.
Which means the cost of imported goods goes down, purchasing power goes up. The increased tariff beco…
Part of that knowledge being power thing... what they're not saying about tariffs is the impact of them on currency exchange rates. The strongest currency gains advantage when combined with tariffs. So while US tariffs rise the USD rises.
Which means the cost of imported goods goes down, purchasing power goes up. The increased tariff becomes a wash, net is negligible. The weaker currency exports are devalued, cost borne by exporter nation.
And if they respond with a tariff war, raise their own tariffs they just hurt themselves even more. It's a "tax" on citizens and businesses in foreign nations, not US citizens. A brilliant move by Trump. A FAFO move by Trump.
Media, academia, D's, Rino's (redundant) won't say this. But when you seek knowledge you learn this. Which is powerful.
Part of that knowledge being power thing... what they're not saying about tariffs is the impact of them on currency exchange rates. The strongest currency gains advantage when combined with tariffs. So while US tariffs rise the USD rises.
Which means the cost of imported goods goes down, purchasing power goes up. The increased tariff becomes a wash, net is negligible. The weaker currency exports are devalued, cost borne by exporter nation.
And if they respond with a tariff war, raise their own tariffs they just hurt themselves even more. It's a "tax" on citizens and businesses in foreign nations, not US citizens. A brilliant move by Trump. A FAFO move by Trump.
Media, academia, D's, Rino's (redundant) won't say this. But when you seek knowledge you learn this. Which is powerful.
Superb
👏🏻👏🏻👏🏻 Saw a meme:
“If tariffs are so awful, why do 170 countries impose them?”