US will lose all WTO cases related to Trump’s tariffs

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gardendaleguy's picture

wouldnt the US imposing tall these tariffs actually cause the US to have to rely on producing their own goods?  ...and is that a bad thing?

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danmanjones's picture

Unemployment is already low so all that happens is prices go up. I think?

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sato's picture

paradoxically, it isn't. official unemployment figure is 3.6% which is historically low, but wage growth is below the rate of inflation, which isn't possible if there's actual competition for employees.

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sal9000's picture

its risky going into production since its no guaranty that the tariffs are permanent and companies can't find a way around them.

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puttefnask's picture

Everytime someone tells me Trump won't succeed in something, I wait and see.

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