https://www.bloomber...less-attractive
https://timesofindia...ow/62427906.cms
Way I see this, it is the first shot across the bow in the Trade War...and unfortunately, perhaps more.
I'm afraid when you weigh all the alternatives here, the conclusion that people are coming up with is invest in the US...
As we "buy American", the planet is already bulging at the seams with capacity...
If the US$ falls, that benefits the US Economy, cheaper to buy domestic.
And all foreign competitors get priced out of the US market or take deep cuts... even then the door is now open for US tariffs...
Real interesting battlefield is setting up.
This is probably the biggest economic event in history shaping up.
I wonder what the odds of it all ending up peacefully are?