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Nov 14th, 2024, 10:02 AM
#11
Re: Post election prediction
Trump has talked about tariffs across the board, with higher tariffs on Chinese goods. There ARE high tariffs on Chinese cars, currently, which seems a bit odd to me. Normally, the US keeps out foreign cars just using safety standards. Did Chinese cars meet those standards?
The tariffs on Chinese cars are such that they aren't sold here. Mexico is a different matter, since there is a trade agreement (which Trump signed) with them. One of the various things Trump said was that he'd put 20% tariffs on everything. I kind of think he won't, but if he did, then inflation in the US should jump dramatically.
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