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Halls of Shrewd'm / US Policy
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Author: ges 🐝  😊 😞
Number: of 41813 
Subject: Re: article on Stocks, if TFG wins
Date: 10/20/2024 9:22 AM
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"Analysts at Barclays estimate that a scenario where a Trump administration imposes 10% tariffs on all imports, and a 60% tax on those coming from China, would reduce S&P 500 earnings per share by 3.2% in 2025, with another 1.5% hit after U.S. trading partners implement retaliatory tariffs of their own"

But I don't think Trump will do much of what he says. He just says stuff to get his cult riled up and motivated and most of them are much too clueless to have any idea of the consequences of Trump's supposed 'policies'.

Mr. Transactional. Promises made, promises kept? LMAO.
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