If Trump decides to take a clue from the market (and every economist on the planet) and declares victory and backs off the tariffs to something more sane, ...

Supposedly, "More than 50 countries have directly contacted the White House to initiate trade talks..."

Assuming this is true, then the US will not be listening to every yammering expert on youtube. More likely the tariffs will be negotiated away with every country.


And the EU.
In the news this morning:
"The European Commission has offered the United States a deal to remove tariffs on all industrial goods as part of the trade negotiations, Ursula von der Leyen"

"Von der Leyen offers Trump 'zero-for-zero' tariffs deal on all industrial goods"




Look, nobody knows how this will all shake out. Everybody _does_ know, however, that the US government cannot keep borrowing money forever. And the longer the can gets kicked down the road, the worse it will be when it comes crashing down.
Kicking an addiction is always painful.

It seems that people just get a thrill of delight by running around hair on fire.

The internet, with twitter & facebook & tiktok makes things worse.

Berkshire Hathaway FAQ

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