Now Trump, 5th Amendment,
1/ 🧵 Tariffs impact consumption, production, trade & welfare by causing price fluctuations across sectors. Economists analyze their effects from the perspectives of small vs. large countries. Let's break it down:
Now Trump, 5th Amendment,
1/ 🧵 Tariffs impact consumption, production, trade & welfare by causing price fluctuations across sectors. Economists analyze their effects from the perspectives of small vs. large countries. Let's break it down:
14/ To sum up: While tariffs can provide benefits for large countries in terms of trade balance and welfare, they often result in higher costs and supply disruptions, especially in the short term. #GlobalTrade
Now Trump, 5th Amendment,
1/ 🧵 Tariffs impact consumption, production, trade & welfare by causing price fluctuations across sectors. Economists analyze their effects from the perspectives of small vs. large countries. Let's break it down:
13/ These tariffs might never be fully enacted, as they could raise costs for US consumers. They’re likely a negotiating tactic. #TradeNegotiation#tariffs
@realDonaldTrump So basically it's like cutting your own legs with axe ..
This would give China biggest boost to become supreme global power while America burns to ashes.
@realDonaldTrump Tariffs are paid none other than USA citizens, a laptop which might be 1000 bucks in CHINA would cost 100% more in USA thus further reducing purchasing power of dollar, money would stop pouring in market, further bringing great depression