Tariffs: Why This Will Backfire Spectacularly

It is more than just tariffs; tariffs are the cause. But, the effects are far more reaching throughout the economy. The economy has a balance. But, that balance has just been upended with far-reaching tariffs.

In this video & post, I wanted to point out something that is already occurring, will have far-reaching effects, and will likely push the United States into a recession.

Team Trump had expected the US dollar index to move up. But, there was no way for that to occur given the fall in interest rates as investors rushed out of stocks and into safer investments. The dollar will fall further, and this will pull economic activity further lower.