“The markets are flashing red."— The Economist.
The S&P 500 has lost nearly all its gains since the election. Via his tariffs, Trump is "setting light to one of the world’s most integrated supply chains" and it appears that policy is "set on the president's whim." In fact, today, Trump announced plans for a near immediate 250% tariff on lumber & dairy products with Canada. 🇨🇦 Oh, Canada! Lord help us.
https://www.economist.com/leaders/2025/03/06/donald-trumps-economic-delusions-are-already-hurting-america #press #economy
The S&P 500 has lost nearly all its gains since the election. Via his tariffs, Trump is "setting light to one of the world’s most integrated supply chains" and it appears that policy is "set on the president's whim." In fact, today, Trump announced plans for a near immediate 250% tariff on lumber & dairy products with Canada. 🇨🇦 Oh, Canada! Lord help us.
https://www.economist.com/leaders/2025/03/06/donald-trumps-economic-delusions-are-already-hurting-america #press #economy
Donald Trump’s economic delusions are already hurting America
The president and reality are drifting apartThe Economist