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Beiträge, die mit Tariffs getaggt sind
And if he *actually* starts trying to round up immigrants, the logistics will prove impossible (and the labor loss will decimate service industries.)
All industries would face unique challenges, he said. For #electronics, moving #production could be #slow & #costly. For #retail & #consumer #goods that try to keep costs low, inventories could fall & consumer #prices rise.
[so less stuff that’s more expensive]
Trump’s election is already cascading through global #SupplyChains, where companies are grappling w/his vision for international #trade & huge tariffs on foreign products. Trump has floated a 10-20% #tax on most foreign products, & a 60% #tariff on goods from China—that would raise the surcharge American importers pay to a level not seen in generations.
https://www.nytimes.com/2024/11/08/us/politics/trump-tariffs-china.html?smid=nytcore-ios-share&referringSource=articleShare
The end of Pax Americana
When the U.S. inaugurates Donald J. Trump as its 47th president, the country and world will be very different because of it.Ivo Daalder (POLITICO)
And that would run directly counter to #Trump’s goal to maintain lower interest rates as part of a policy of accelerating growth.
“Although Trump has shown a consistent preference for easy monetary policy, we believe that the #Fed would engage in a less aggressive cutting cycle under a 2nd Trump admin due to the #inflationary nature of additional #tariffs,” Nomura Holdings financial told clients.
Germany’s Merz urges Scholz to drastically move up timeline for snap election
Friedrich Merz, the leader of the center-right Christian Democrats and the probable next chancellor, demands a vote of confidence within days.Nette Nöstlinger (POLITICO)
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On the campaign trail, #DonaldTrump threatened businesses that send jobs south of the border, while his own company that runs the Truth Social platform outsourced coding jobs to workers in Mexico, outraging some staff members.
#News #TrumpMedia #Trump #Government #Business #Tariffs #Politics #Election #ELection2024 #TruthSocial
https://www.propublica.org/article/donald-trump-media-outsourced-jobs-mexico-truth-social
Trump Media Outsourced Jobs to Mexico Despite Trump’s “America First” Push
On the campaign trail, Donald Trump threatened businesses that send jobs south of the border, while his own company that runs the Truth Social platform outsourced coding jobs to workers in Mexico, outraging some staff members.ProPublica