While many fear the “tariff wars” let’s look at who really has the punches.
U.S.
- Largest consumer of products – Do the opponents really want to stick it to us or will it be more glue on them?
- Trump Strength- It doesn’t appear he’s willing to throw in any towel.
- Blue collar workers appear to be on this side.
WORLD
- Midterm elections can effect who controls the policy if the opponents want to continue the battle.
- Activist courts can come in and save their day.
- Wall Street wants this to end.