minus-squaregoofus@lemmy.todaytoCanada@lemmy.ca•What's Trump's endgame with global tariffs? Canadian officials say they have a clearer idealinkfedilinkEnglisharrow-up2·12 hours agoYou are looking at step 1 when you see US actions as related to the federal budget deficit. Step 2 is to reduce the trade deficit and bring home manufacturing and other production. The strategy for Step 2 will be devaluing the $USD. linkfedilink
You are looking at step 1 when you see US actions as related to the federal budget deficit. Step 2 is to reduce the trade deficit and bring home manufacturing and other production. The strategy for Step 2 will be devaluing the $USD.