Post #1965 by mungofitch on the Macroeconomic Trends and Risks board

Personal Finance Topics / Macroeconomic Trends and Risks ❤

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There are indeed some strange side effects.

For example, the high US tariffs on some things mean China gets more money selling to other countries at really low prices. Lossmaking, but LESS lossmaking. So those countries in turn have to introduce big tariffs to keep their own industries from completely folding. Steel in Canada, for example.

So tariffs are spreading faster than a celebrity post on facebook, even though the participants are not trying to have a trade war.

Jim

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