tariffs DJT loves them - 100% on EV cars from CHINA promised (to both save MUSK ass and ..) DJT - unfortunately IMO - keeps saying the CHINESE pay the price ($ cost) of tariffs v tariffs are inflationary as we pay higher prices (duh) (A legitimate debate - tariffs to protect industry -- VERSUS lower prices and lower inflation)
YET - right now - this raise in tariffs is a political move to show he is protecting US production in key areas OF THE SUPPLY CHAIN (having fun as supply chain was not a word - phrase 99% of us knew two years ago -) . THE news of protecting is now --- and the price we will all pay in higher prices (for Chinese Goods and their sister goods made here) will not show up until CY25
meanwhile lower mortgage rates - F and F - may yet happen this CY with the 3.4% Year over Year (trailing) CPI (v 9% a year ago or whatever)
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