Trade wars, inflation and an expensive capital market! What’s not to like?
The gun that’s been waving on the stage for a long time has finally exploded. Right on Stanislavsky! Donald Trump showed everyone that he would obviously be the first politician in history to keep his election promises. The good guys and the stupid ones!
Why is that a risky move?
Because starting trade wars doesn’t matter who started them. At some point, the account will pay the end user. As a result of protectionism, what the customer will receive is a more expensive product due to customs duties and restrictions on entering the local market or a lower quality product.
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