RE: Tariff war: Can this lead to global recession?
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Can this lead to global recession?
Could also lead to complete globalization, which has always been the plan. Part of why food prices rose here in the US was Trump signed trade agreements right before he left office. When it came to food, those were free trade agreements. That put a heavy demand on certain US exports that drove the prices up, which got hidden under Biden's inflation.
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He is basically destroying US economy?
My opinion, which I haven't set into stone yet, even if I did, it wouldn't mean jack anything except to me whether I end up right or wrong, is that Trump is a trojan horse, as such he is going to re-align the global economy by any means possible. When they talk about the redistribution of wealth, it may not actually mean all into the pockets of the hierarchy. That the great distribution is sharing the wealth of other nations into nations of have nots, that will ultimately then re-distribute a greater wealth to the hierarchy.