..Bill Ackman could have been a better adviser than Elon.
..this would have been a better tariff plan on China BUT only if Trump's real agenda was solely on trade.
..But no one really knows what his real agenda is? What is meant by deals?
..Not just tariff re-alignment for sure, more purchases of US products, access to markets, business deals????
..It is obvious the so called reciprocal tariffs were lifted so high so that they can be negotiated down in exchange for something worthy...with hope that some would offer something personal as well.
..nothing professional about Trump 2.0, which is why the business community cannot understand their prime motivation. All clouded by personal agendas including ideological ones too.
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What if@realDonaldTrump were to announce that China tariffs would immediately be reduced to 20% and then escalate thereafter by 0.5% per month for next 12 months, and then by 1% per month for the next 12 months, and then by 1.5% per month for the next 12 months and so on? To the extent that China modifies its unfair trade practices, the increases could stop and potentially be reversed depending upon the degree of improvement in its trade policies. This approach would incentivize companies to relocate their supply chains from China while enabling them to continue to operate profitably during the transition. China would be incentivized to make a good deal with@realDonaldTrump
as promptly as practicable while the risk of a dramatic shock to the US and global economies would be greatly reduced if not eliminated. https://x.com/BillAckman/status/1919840513831973363
