Most of what happened today is clear. I am not an expert in macro or international economics. But allow me to have some notes. Start with what is clear: Trump has put forward a ridiculous policy that must be kept for years to get any hope of success. After repeated pledges, they never deviate, he wandered after one week. It now seems to be a greater fool and a threat on the international stage than he already has been an achievement of some size. I also doubt that he canceled the damage to himself locally as a guardian of the nation’s prosperity. It may seem weak, reckless and stupid.
But what he did not changed to a large extent or may change in all the ways that he added a state of huge uncertainty and inflation drivers in the economy. Yes, the markets rose. But I believe that the additional definitions that were added to imports from China add the same amount of net duties to imports because those that reduced it from every other country in the world took away. (If you have a PhD in economics and a calculator, can you help me with that?)
We now have 125 % on products from China, which are close to the siege on imports together. This is still a great driver for local inflation and there are still 10 % tariffs on each other country on this planet. These destructive and destructive definitions are still by any other criterion other than The current situation From this morning. As I mentioned, he took all new definitions today In TotoIt may be almost identical with this morning. Almost certainly few countries were lining up to the desire to negotiate.
The only additional thing to be mentioned is the reason for this. Each sign is that it is not related to stock markets, but rather the bond market, as it seems that the demand for American treasury bonds is followed by the global economy moving to a crisis. This challenges all the rules of the global economy in the twenty -first century. This means that something is very bad or something bad. The first is that banks, hedge boxes and other large financial mufftye devices were to the extent that they were forced to liquidate the treasury at any cost. This indicates a real risk of being on the edge of a financial crisis similar to 2008, albeit with very different drivers. Another possibility is that global buyers were losing confidence in the same American treasury debts that are mainly the anchor of the modern global economy paper. Take it away and things get worse for the United States and our global priority begins to evaporate.
Everything up to everything is that Trump had to escalate in what each of his most interfering poverty would know as insulting. But he did this without actually retreating a lot of harm. Perhaps any of the damage. This is where we are.