I know it’s said that “When the US sneezes, the world catches a cold”
Maybe this time, things have changed, because the US seems to have isolated itself, due to Trump’s actions and so, we could have developed some immunity against the cold.
Maybe it’s just a Grey Monday for us rather than a Black one.
I strongly believe that only the US should suffer for its actions, not the rest of the World.
The US might be the world’s biggest economy, but it is just one among the ~195 countries, and maybe this time, it should suffer alone, while other nations come together and trade among themselves, and see this, more as an opportunity than a hurdle.
P.S.
I believe, the real intent behind these tariffs is to strike favorable deals with everyone who flinches to this threat quickly.
I wish, we don’t flinch that easy, and would show some resilience by countering this smartly, rather than playing to Trump’s tune.
Renowned hedge fund manager Bill Ackman said with Trump’s phone likely ringing off the hook and little time to make deals before the April 9 deadline he would “not be surprised to wake up Monday with an announcement from the President that he was postponing the implementation of the tariffs to give him time to make deals.
Trump now convinced everyone that he is crazy, and ready for global recession, Kolanovic said. “A bluff and next comes “deal” making. He will get heat over the weekend.