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If you are an American, how are you preparing for the upcoming tariffs and possible trade war? (lemm.ee)
submitted 2 years ago by to c/asklemmy@lemmy.ml
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What impact do you think it will have on you?

Are there critical items to purchase now that will be too expensive to afford next year?

Are you changing your savings or investments?

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[–] 7 points 2 years ago

over the long term--and I'm talking, like 20-30+ years--it could be positive. One of the things that made the US economy strong in the 60s was the fact that we had strong labor, and strong manufacturing

Looks to me like the strong economy of the 1960s coincided with ending 20-30 years of high tariffs… Sooo…

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