"You seem to focus your outlook on trade, but America is doing much more to shoot itself in the foot. The ICE raids are most visible right now, decimating the labor force in agriculture, personal services, restaurants, hotels, etc."

That is definitely going to hurt in the short to medium term.

It should also be noted that there is some very long term damage being done to the U.S. economy by the immigration actions at attacks on universities. One of the reasons the U.S. economy was so strong was it attracted an outsized share of the best and the brightest in the world to come to the U.S. to study, conduct research, and develop amazing technologies. The current administration's policies are discouraging the best and the brightest from coming to the U.S. Couple that with drastic cuts in federal research spending and it is pretty clear that the next Google is going to be developed elsewhere. TFuture medical breakthroughs will be developed elsewhere. Future defense technologies will be developed elsewhere.

That has a huge long term cost to future economic activity.

Berkshire Hathaway FAQ

---

Contact Shrewd'm
Contact the developer of these message boards.