May. 25 at 1:52 PM
$SPY After last weeks 3% loss, the S&P is now 2% lower than it was at the inauguration. But the stock markets of other countries have benefited greatly from USA tariffs. Europe
$EZU is up 18% and China
$FXI, higher 13%.
Unable to get their way during tariff negotiations, the WH again threatened to jack up tariffs. This bullying along with USA insults and other threats, have alienated other countries. They are now cutting back on investments and purchases from the USA.
Starting to doubt that this will change once the tariff deals are cut.