RE: How are you affected by the Trump Chaos ?
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It's a total confusion and mess. For example, do you know if he postponed ALL tariffs except China, or the ones on cars, steel, aluminum, etc. that were set before are still on, for the EU, in this case.
If they are still on, car producers in the EU are in major trouble (they already were, this is just a final push). Car parts manufacturers in my country too. Less business, less profits, likely workers being let go, if that's the case. And that will affect me and my family indirectly at some point.
Not too much direct commerce between my country and the US, but via intermediaries we get affected if tariffs are set on EU.
The other thing is the tariffs were postponed, not eliminated. The other time he postponed tariffs (with Canada and Mexico), they ended up being set after the deadline passed. What will happen after 3 months or in-between?
Other than that, the volatility in the market can work both ways. Can be an opportunity but also a way to lose money. And since we don't have insider information (like they do!), this isn't a favorable position for us.
I wouldn't like to be in charge for UPS or DPD to keep track of the tarif rates of the day lol
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