In addition, I wonder about the tariff threat response (TTR). No one likes to be threatened. Trump certainly doesn't like it. Who does?
So as the news media (social, business and otherwise) presses on about the negative effects of tariffs on their locale or country, I think there could be other knock on effects created by tariff threats. This is beyond the tit for tat escalation between the US and China.
There appears to be backlash on foreign visitations to the US. Canadians have allegedly begun selling US properties. Or what about the potential dumping of US Treasuries? A weaker DXY?
This just seems like a dangerous game to play. Shouldn't the world leaders talk about how AI is going to impact our future?
I do agree that from an economic shock perspective, certain shocks are occurring at the same time. As you mention, falling tourism and falling migration also has significant costs.
On the tariff threats, my upcoming article actually touches upon research that talks about how even just the threat of tariffs (and then not implementing them) can reduce economic growth.
In addition, I wonder about the tariff threat response (TTR). No one likes to be threatened. Trump certainly doesn't like it. Who does?
So as the news media (social, business and otherwise) presses on about the negative effects of tariffs on their locale or country, I think there could be other knock on effects created by tariff threats. This is beyond the tit for tat escalation between the US and China.
There appears to be backlash on foreign visitations to the US. Canadians have allegedly begun selling US properties. Or what about the potential dumping of US Treasuries? A weaker DXY?
This just seems like a dangerous game to play. Shouldn't the world leaders talk about how AI is going to impact our future?
I do agree that from an economic shock perspective, certain shocks are occurring at the same time. As you mention, falling tourism and falling migration also has significant costs.
On the tariff threats, my upcoming article actually touches upon research that talks about how even just the threat of tariffs (and then not implementing them) can reduce economic growth.