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Trump Tariffs has Countries ready to retaliate?
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<blockquote data-quote="vantexan" data-source="post: 6094910" data-attributes="member: 24302"><p>I wonder if it's a four prong approach with them revaluing our gold reserves and buying Bitcoin? You might remember a few years back there was talk of them issuing a platinum coin valued at one trillion dollars. The gold revaluing would essentially do the same thing although the internet gurus [USER=59424]@Over70irregs[/USER] speculate that they're going to revalue gold at a much, much higher price than the current market price. At any rate Trump and team seem willing to try anything to get the country straightened out. </p><p></p><p>My concern with the tariffs is like the Republicans with healthcare and the Dems with EV's, we don't have the manufacturing in place yet. What if the Chinese decide to stop all manufactured goods going to the U.S. in retaliation? We've already seen what supply chain breakdowns during covid looked like. Sure hope this works.</p></blockquote><p></p>
[QUOTE="vantexan, post: 6094910, member: 24302"] I wonder if it's a four prong approach with them revaluing our gold reserves and buying Bitcoin? You might remember a few years back there was talk of them issuing a platinum coin valued at one trillion dollars. The gold revaluing would essentially do the same thing although the internet gurus [USER=59424]@Over70irregs[/USER] speculate that they're going to revalue gold at a much, much higher price than the current market price. At any rate Trump and team seem willing to try anything to get the country straightened out. My concern with the tariffs is like the Republicans with healthcare and the Dems with EV's, we don't have the manufacturing in place yet. What if the Chinese decide to stop all manufactured goods going to the U.S. in retaliation? We've already seen what supply chain breakdowns during covid looked like. Sure hope this works. [/QUOTE]
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