Jason Katz, managing director and private wealth advisor at UBS, says the last thing President-elect Donald Trump wants to do is have his own policies result in a “sky high inflation.”
Trump 2.0 tariffs to come in stages and will not be as inflationary, says UBS
- Update Date：
- Post Date：
- Tags
200% tariff on day 1! Lets go!
We want tariffs now, I want tariffs please introduce them .I can afford to pay $3000 for a base iPhone and I want the cheapest small non competitive ev to be $45000 and I want to stop exporting corn , soyabeans and low end semiconductor and chips to China , I don’t need rare earth metal and I want to pay $100 for a America made and grown t shirt. I want to pay $ 100 for basic sneaker This assumes that China does not retaliate with it tariff ie no soyabeans and corn , we also forget that for the lower end semiconductor chip China is the biggest market for US producers and once they produce their own then what. China production volume might go down short term , it will hurt American for a medium to long term and China will look for other markets but long term no . China will ride it out they are preparing for a world in which the us is just another market . Secondly America cost of production will not come down in four year it is estimated that to build highly automated factories and supply chains starting now will take at least 3-4 year and they will not scale to replace all they import 40 years of off shoring will take 10 years at least do you think the American consumer is that resilient and ceo of us companies became less greedy? This should act as force for good I magine China now having to look for new markets in Asia , africa and South America when looking for new markets China will encounter corruption etc and will have to flex muscle . But they will diversify their import and develop new markets . Please impose tariff. We want tariff , we want tariffs we want tariffs maga forever , maga forever