[LuvMyE92]

Originally Posted by Tyga11

I think it's V Shape pretty soon.

You mean pear shaped, right?

I've been reading this thread via the daily email digest, so I don't know which posts have been moderated to the trash can, but I've not seen anyone point out that these "reciprocal tarriffs" are in fact, not based on existing tarriffs. Instead, they are based on trade imbalances. And that's a function of many other things other than tarriffs or VATs or whatever bugaboo you want to name. It's a function of we want more stuff than they do, the dollar is a lot stronger than most other currencies (which makes our exports much more expensive and therefore less attractive) and probably a lot of other macro economic factors that can't be rectified by arbitrary fees. I'm really not sure how our trading partners can negotiate themselves out of this trap. If there is another world-wide recession, there will be even less buying.