According to news from several sources, the EU has promised to retaliate against $300 billions worth of goods if Trump goes ahead with his threatened tariffs on car imports.
www.irishtimes.com/…
Since Trump can hardly appear weak to his base, I don’t think he can back down. So hello all out trade war here we come. That’s what we get for putting an insecure narcissistic moron in power.
For those more versed in finance, is this time to start shorting the market? If this goes through I’d assume we’re in for a global recession.