XPost: alt.politics.usa, alt.fan.rush-limbaugh
https://www.dailymail.co.uk/news/article-14743101/donald-trump-tariffs-european-union-trade-war.html
Wall Street's major market indexes tumbled early Friday
following explosive new tariff threats by President Donald
Trump against the European Union and Apple.
Trump announced on Friday morning crippling tariffs of
50 percent on Europe starting June 1.
. . .
The EU can't afford this - while the USA can
afford it, longer anyway.
The EU is *still* determined to keep ripping
off the USA. Trump isn't gonna let this continue.
Yep, the mutual damages are kinda bad for both,
but the USA is in a far better position to cope.
Meanwhile, just kind of IGNORE the main markets
while all this is in progress. They always tend
to over-react. If down now, they will be way UP
in a month or two.
Trump IS trying to do the best for the USA. This
DOES involve shaking-up the status quo.
So ... put yer BMW lust on hold for six months
or so - lease a Caddy or maybe a Tahoe.
The CHINA situation may be more impactful.
Personally I have all the China-made tech
crap I need for awhile.
I see Trump is taking vengeance on APPLE now.
Apple said it was just gonna change its China
factories to India and Vietnam to skirt some
of the tariff/US-MADE issues. Trump didn't
LIKE that bullshit one bit ........
Sorry, but we NEED a fair bit of Made-In-USA
capability. It's a survival thing.
--- SoupGate-Win32 v1.05
* Origin: fsxNet Usenet Gateway (21:1/5)