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639 points CTOSian | 1 comments | | HN request time: 0s | source
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jrochkind1 ◴[] No.45031946[source]
Even aside from the advisability of the tariffs -- it turns out there might be a reason that tarrifs haven't usually been imposed with like weeks notice, after months of back and forth, with no real advance implementation planning on the government's part and not enough time or reliable info for anyone else to do so either?

It is very strange to me that the government seems to be going for maximum shock and uncertainty on the US economy. Again, apart from the advisability of the actual tarrifs, they could have been implemented in the usual way to allow people to plan for them (and possibly give feedback on them), but they were not.

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davidcbc ◴[] No.45032020[source]
If your goal was to see the US recede as the global economic leader you couldn't create a better playbook than the one being done by this administration.
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jonny_eh ◴[] No.45032779[source]
I agree. But why is the US stock market not tanking?!
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rodrigodlu ◴[] No.45033446[source]
Did you looked at Forex few hours before tarif announcements against Brazil (BRL vs USD) then few days later with the EU (EUR vs USD)?

You're looking at the wrong board despite thinking about the same game.

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1. ethbr1 ◴[] No.45033864{3}[source]
This is part of the answer.

The clearer answer is: the US stock market is denominated in dollars.

If dollars devalue, then the price of real assets and equities in dollars increases (i.e. equivalent value, different number).

It's entirely possible two things happen at once: (1) US companies become less profitable and competitive due to tariffs (thereby decreasing their objective value) & (2) US dollars devalue (thereby increasing assets value in terms of US dollars).

Realistically, persistent inflation, international willingness to buy US government debt, and/or consumer confidence will be the things that collapse everything. (Or not)