...Which business, other than those that is heavily dependent on the US market, would be in right frame of mind to make large capital investment in a country that is not providing confidence to the global business community that under Trump 2.0, it is capable of providing policy certainty and stability? Certainly not when policy reversals are at the whims of a dysfunctional Presidency.
...the more you 'force' foreign businesses to invest in the US out of necessity to avert tariffs, the more it scares them from contemplating doing so. The Western world would have previously labelled this as typical Communist playbook, yet this over-the-top coercive approach comes from the supposedly the leader of the free world, and criticisms have been largely muted.
The whole market knows the tariff sham is a joke.
Wells Fargo estimates companies would have to invest $3 trillion in the US to get manufacturing jobs back to their 1979 peak. That ain’t happening.
Zero chance. Zilch.
Let’s please move on from this idea. https://x.com/StealthQE4/status/1926038800905408893
