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Generally the tariffs are set up to support the strategy for saving American economy. Trump's happy cuz government bonds 10yr yield goes down, meaning cheaper refinancing of the national debt.
also weakening a dollar a little bit, which is designed to stimulate the american export, and reduce import to the US at the same time, which is aligned with the tariffs
Scott Bessent looks doesn't look at S&P 500, he looks at the government bonds. They need to reduce those indexes to shorten the budget deficit.
That comes with multiple side effects, like it's helping russia, middle east, african and latam countries to attract investors and chineese coprorations to their markets, and ofc average americans will see some price for common goods increase, but ultimately the tariffs are set in an attempt to "save" USA economy.
this is my understanding, from a sidewalk of geopolitics :) 0 reply
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