Probably not far from accurate. Any of this could change with the wind or a single tweet. I’m pretty sure we could have had some high school econ kids implement a better plan. Whatever we eventually end up with, assuming we ever really know a firm plan, it really just boils down to a consumption tax for us and the penguins. I’m not even sure anybody is going to stick with any of these so called deals. When you start out with the way this has and with the constant changes, you give up a lot of credibility. We just don’t know yet what level of a tax we or anyone else will end up with. It really is almost difficult to even take the subject seriously at this point. It has been a master class on policy implementation though. Wouldn’t it be interesting to have some of the other leaders drink some truth serum and ask them what they really think?
Its permeant we have external revenue service now. Trump will keep tariffs at 10% the lowest long term past 10 years with new president so on. We had trade deficits from 300 billion a year to 200 billion a year with Mexico. Canada 45 billion a year. That is all changing. We will have trade surpluses going into next year.