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0 sats \ 0 replies \ @Solomonsatoshi 1 Apr \ on: Trump announces tarrifs tomorrow. What happens? AskSN
China has won the trade war.
Trumps tariffs are admission that US industry cannot compete with China and other nations.
Tariffs result in all US consumers paying more than the rest of the world does for all the products tariffs are applied to.
Tariffs are only ever logical if you expect war and need to rebuild your national supply chains for strategic reasons.